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In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court......»»

The Chinese conglomerate stands to collect roughly $2 billion in profits from its $6.5 billion Hilton investment, which it made a little over a year ago. That would translate into a more than 60% return for HNA......»»

Bitmain is reportedly valued at approximately $14 billion. The co-CEO of Bitmain Technologies, the world's largest.....»»

Tesla also said it made $101 million from selling bitcoin during the period after it bought $1.5 billion worth of the cryptocurrency in February. Tesla reported f.....»»

Prominent technology analyst Dan Ives estimates that Telsa's investment in bitcoin has minted a digital paper profit of about $1 billion, as the price of the asset soars to records......»»

Tesla Inc (NASDAQ: TSLA) made waves earlier this month by announcing it had purchased $1.5 billion in Bitcoin. The move sent the cryptocurrency higher and has also turned in some impressive profits for the electric vehicle maker. read more.....»»

Their earnings sank 38 percent from the prior year to 410.7 billion yuan ($58.15 billion), according to China’s National Bureau of Statistics. The data from January and February are combined to smooth the impact of the Chinese Lunar New Year......»»

Flickr/Steve Jurvetson Tesla short-sellers gained more than $1.3 billion in mark-to-market profits Monday as the stock fell more than 10%, according to data from S3 Partners.  That brings year-to-date mark-to-market losses for trade.....»»

Short sellers added to their U.S. positions during the recent coronavirus-related sell-off, making more than $50 billion in profits over seven trading days, according to data from financial analytics firm S3 Partners......»»

Lower interest rates led to a slight decline in earnings, the first time the banking industry saw a full-year drop in profits since 2013......»»

The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off......»»

Meet Zhang Yiming, the secretive, 35-year-old Chinese billionaire behind TikTok who made over $12 billion in 2018.....»»

Labor action will slice automaker's profits for the year, though latest earnings top analyst forecasts.....»»

Labor action will slice automaker's profits for the year, though latest earnings top analyst forecasts.....»»

Chinese technology giant Huawei has enough inventory to sustain its smartphone and 5G networking equipment business for most of the rest of the year, according to brokerage and investment firm CLSA......»»

Chinese technology giant Huawei has enough inventory to sustain its smartphone and 5G networking equipment business for most of the rest of the year, according to brokerage and investment firm CLSA......»»

Saudi Aramco, the world's biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company showed on Monday ahead of its debut international bond issue......»»

Copper-clad laminate (CCL) maker Elite Material (EMC) has reported net profits fell 37.3% to NT$1.75 billion (US$56.8 million) in 2018, while revenues slipped about 3% on year to NT$22.89 billion......»»

Copper-clad laminate (CCL) firm Iteq has reported net profits surged 42.6% to NT$1.78 billion (US$57.6 million) in 2018, when consolidated revenues increased 5.6% on year to NT$22.4 billion. EPS for the year came to NT$5.86......»»

Authored by Inbar Preiss via Crypto Insider, After over a year and a half of decreasing Bitcoin mining revenue, a new report shows a small yet significa.....»»