BitGo and Bitso are two new additions to RippleNet. Ripple has released information about its current XRP holdings, as well as the list of large companies (like Microsoft) that help Ripple grow.Per the Ripple stats, Microsoft Corporation (NASDAQ: MSFT) is the leading company working on its blockchain and processing the transactions. XRP has entered a turbulence zone recently, with the token price rushing up to $0.29 two days ago. At the moment of writing, its price is $0.28.They are...
Read More »Davis Selected Advisors Prefers Intel (INTC) Stock to Microsoft (MSFT)
As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...
Read More »Alphabet (GOOGL) Stock Rises to $1,524.87 as Google Cloud Buys Cornerstone Technology
While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.Google Cloud buys Cornerstone Technology company to boost the development of cloud computing, AI and similar tech. CEO Google Cloud Thomas Kurian is very happy with the announcement, as Microsoft Corporation (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN) kept their upholstered offers ready. Now, Alphabet Inc....
Read More »Amazon (AMZN) Stock Is Growing while Walmart Pays Investors to Make Them Happy
Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.Amazon (AMZN) stock is in green these days while Walmart (WMT) stock is falling. Do these events have any relation to the companies’ performance and approaches? Let’s have a look at how both companies are doing.John Furner, President and CEO of Walmart US, said recently that the role of corporations has changed. By saying that, Furner was thinking of making...
Read More »Tesla (TSLA) Stock Rising Above $800 After Hours, Elon Musk Expanding Solar Roof Team
Tesla (TSLA) stock is rising above $800 after hours. Elon Musk is looking for employees to join the Solar Roof team as the company is ramping up the installation of such roofs in the U.S.Tesla’s CEO Elon Musk recently gave an ad searching for workers.https://twitter.com/elonmusk/status/1228849721013346304Be it as it may, the truth is that even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue fell by more than $24 million in 2019.Now, the...
Read More »Tesla Stock Slows Down but Elon Musk Could Get His First Paycheck Soon
Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...
Read More »Samsung Wants to Tackle Apple’s iPhone via New Partnerships with Netflix and Microsoft’s Xbox
Samsung has just unveiled its new Galaxy S20 phone family. Now the company is on a course to snatch the mobile market from competitors through attractive partnerships with Netflix and Xbox.Samsung Electronics Co., for many years now, has been in heavy competition with Apple in the mobile phone market. Both companies seem to go head-to-head with their products every year and are also being constantly pitched against each other by consumers. Now, it would seem that more than ever, Samsung is...
Read More »FTC Starts Investigation of Acquisitions by Google, Apple, Facebook, Amazon, Microsoft
As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.The Federal Trade Commission, FTC, has announced its decision to begin an investigation targeted at some tech giants. The Commission said that the investigation is to shine its spotlight on these companies’ acquisitions carried out in the past, that may not have been thoroughly scrutinized by the regulator. The tech giants...
Read More »Donald Trump Tries to Take His Merit for MAGA Stock Rise
President Trump called four big tech companies with trillion-dollar market caps, Microsoft, Apple, Google and Amazon, the MAGA club. MAGA is also a short form of ‘Make America Great Again’, a favorite slogan of Trump and his supporters.United States President Donald Trump called out four tech giants for becoming a trillion-dollar companies – thanks to his merits. And not just that. We all remember his slogan ‘Make America Great Again’ (MAGA), right? Well, he went that far to call Microsoft,...
Read More »Bitcoin, Gold and Dollars Look Safe for Investors as Coronavirus Deaths in China Top 1,000
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...
Read More »