Tag Archives: News

Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.Leading Technology Firm Qualcomm Inc. shares experienced a new rise, as QCOM stock has managed to top the earning table on Wall Street, making the firm one of the most valuable at the moment in the stock exchange market.Mobile technology firm and one of the very few proponents of the 5G network Qualcomm Incorporated shares rose steadily...

CEO Lightning Labs Elizabeth Stark announced that the company has raised $10 million to further develop their project and scale the developer ecosystem. The tech company also launched its flagship product Beta Loop after a series of testing.Through a medium blog post, Lightning Labs CEO and Co-founder Elizabeth Stark announced that the tech company had raised a $10 million Series A capital. The raised capital will be used to further its lightning payment system project that is being...

Having moved its operations to Dublin due to Brexit issues, Europe’s popular fintech startup is planning to join Monzo and N26 in the competitive U.S. market. In the U.S., Revolut will specifically target exchange students and business travelers.London-based fintech firm Revolut is now planning to move its operations to Ireland’s capital city Dublin and Lithuania. This decision from the startup comes as the UK moves out of the European Union with Brexit.In the last few years, Revolut has...

The last time Bitcoin was this high was in October 2019. Now, marking a new high of $9,700 for 2020, Bitcoin has provoked hot discussions about possible $10,000 in the nearest future.In terms of highly volatile conditions, Bitcoin price has surprised with a new record. Bitcoin has hit $9700, marking a new high for 2020 and leading to hot discussions about possible $10,000.On February 3, Bitcoin reached just over $9,500. The next day, it traded slightly below $9,200 and closed at $9,171. On...

Acquiring the Philadelphia-based Heritage Financial Systems, ConsenSys gets access to advisory and broker-dealer capabilities in the U.S.Global blockchain company ConsenSys acquires U.S. broker-dealer. The company focused on developing Ethereum-based dApps has decided to purchase the Philadelphia-based Heritage Financial Systems in order to implement blockchain for tokenizing municipal bonds.#ConsenSys "acquired broker-dealer Heritage Financial Systems, betting that governments can more...

Ferrari presented rather mixed Q4 results. It has negatively affected the price of RACE stock though it recently hit a 52-week high. Will the introduction of the first SUV boost the stock in 2021-2022?The Italian maker of luxury and sports cars Ferrari SpA announced that its diluted earnings per share in the last quarter of 2019 amounted to €0.90, which is over 10% lower on an annual basis, while shipments slid 1% to 2,376 in the same period.Net revenues grew 10% to total €927 million as...

ICE has offered to buy the American multinational e-commerce corporation eBay at a staggering price of $30 billion. However, there have been no formal talks between the two firms yet.The New York Stock Exchange proprietor  ICE has offered to buy the American multinational e-Commerce corporation eBay and add $2 billion more than the initial set price by the company ($28 billion). The news came at a time when the eBay shares (EBAY INC) were struggling to break the resistance zone at $36 for the...

Citizens of the Netherlands, who want to buy electric cars after July 1, 2020, will receive up to €4,000 ($4,425) from the government to cover their expenses. Is it good news for Tesla?The Netherlands decided to support a greener and ecological transport in 2020. As per the announcement, the country plans to award drivers with the money for buying a new electric vehicle (EV). This will be practiced with private buyers nevertheless they decide to buy new or used electric cars.According to a...

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...

Ripple CEO Brad Gralinghouse has lashed out at Novogratz’s comment on XRP. Galinghouse said that so far in 2020, XRP has successfully managed to outperform Bitcoin. He also pointed out some of Novogratz’s failed predictions from the past.Ripple‘s XRP cryptocurrency remains in the news after it jumped 20% in the last seven days with a sudden volume surge. XRP, the world’s third-largest cryptocurrency has been the talk of the town after its poor show in 2019.While almost all other top-ten...