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Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength. Drew Angerer/Getty Images Bank of America raised its Microsoft earni.....»»

Category: worldSource: nytApr 18th, 2024

Google fires 28 employees who protested Israel cloud contract

The protests, organized by the No Tech for Apartheid campaign, raised concerns about Google and Amazon's $1.2 billion contra.....»»

Category: topSource: latimesApr 18th, 2024

Mandarin Oriental set to open $1.5 billion hotel in Boca Raton

The launch of the luxury hotel and residence has been delayed since 2017......»»

Category: topSource: bizjournalsApr 11th, 2024

JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse

Josh Younger noted that like the end of the previous crypto bull cycle, investors are beginning to diversify out of bitcoin and ether and into riskier altcoins. Bitcoin replica coins are se.....»»

Category: dealsSource: nytMay 25th, 2021

Market Extra: Why demand for Fed’s reverse repo facility is surging again

Nearly two months ago, the Federal Reserve's reverse repo program had almost no customers. Now demand for the lending program is back to roughly $400 billion overnight, its highest since June 2017, according to Tradeweb data......»»

Category: topSource: marketwatchMay 25th, 2021

A crypto expert breaks down who could be behind the dogecoin whale address that holds $12 billion

A single address that holds 28% of dogecoin's total supply has investors scratching their heads as to who-or what, it belongs to. Marnie Griffiths/Getty The story behind the world's largest dogecoin holder may be less fu.....»»

Category: topSource: businessinsiderMay 23rd, 2021

Cryptos: Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto

It's Bi.....»»

Category: topSource: marketwatchMay 22nd, 2021

Lithia Motors raises $1.8 billion as stock, upsized debt offerings price; stock extends decline

Shares of Lithia Motors Inc. fell 0.8% in premarket trading Thursday, putting them on track for a fourth straight loss, after the auto retailer announced the pricing of its $1 billion stock offering and upsized debt offering. The company raised $1 b.....»»

Category: topSource: marketwatchMay 20th, 2021

5 Best Altcoins To Buy During The Dip

During the 2017 bull run, Bitcoin had multiple 40%+ corrections. For seasoned crypto traders, days like this one are to be expected. Par for the course, even. read more.....»»

Category: blogSource: benzingaMay 19th, 2021

Bitcoin tumbles below $40,000 and other coins slide after China signals a crypto crackdown, wiping $280 billion off the market

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»

Category: dealsSource: nytMay 19th, 2021

Here"s how an accused crypto fraudster known as the "CryptoQueen" allegedly started a $4 billion Ponzi scheme and went on the run with 230,000 bitcoin

Ruja Ignatova, the cofounder of the now-defunct OneCoi.....»»

Category: dealsSource: nytMay 18th, 2021

Amount raises $100M at $1B valuation, becoming Chicago’s newest unicorn

A fintech startup that spun out of Chicago-based Avant has raised a mega-round of funding, valuing it at $1 billion and making it Chicago's latest "unicorn" company. Amount announced Tuesday that it raised $100 million in a Series D round led b.....»»

Category: topSource: bizjournalsMay 18th, 2021

Cryptos: Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global on Monday said it plans to sell $1.25 billion of convertible debt. Its stock closed below its $250 reference price for the first time since the crypto platform listed on the Nasdaq exchange in mid-April......»»

Category: topSource: marketwatchMay 17th, 2021

Binance"s Indian exchange lists Shiba Inu coin a day after Ethereum creator Vitalik Buterin"s $1 billion donation

The Mumbai-based WazirX exchange, which is owned by Binance, listed the new token on Thursday, according to a blog post. Changpeng Zhao is the CEO of the world's largest crypto exchange Binance. Binance India's WazirX cr.....»»

Category: dealsSource: nytMay 15th, 2021

Binance"s Indian exchange lists Shiba Inu coin a day after Ehtereum creator Vitalik Buterin"s $1 billion donation

The Mumbai-based WazirX exchange, which is owned by Binance, listed the new token on Thursday, according to a blog post. Changpeng Zhao is the CEO of the world's largest crypto exchange Binance. Binance India's WazirX cr.....»»

Category: topSource: businessinsiderMay 14th, 2021

Why "Polkadot"s Wild Cousin" Kusama Is Up 33% Amid Crypto Sell-Off

Despite a massive cryptocurrency sell-off removing $500 billion from that market overnight, Kusama network’s native cryptocurrency KSM rose to an all-time high. read more.....»»

Category: blogSource: benzingaMay 13th, 2021

The Wall Street Journal: Ethereum co-creator donates $1 billion in crypto for India COVID-19 relief

Vitalik Buterin, co-creator of the crypto network Ethereum, donated more than $1 billion on Wednesday to a relief fund to combat the spread of Covid-19 in India......»»

Category: topSource: marketwatchMay 12th, 2021

A Peter Thiel-backed blockchain platform just invested $10 billion in a new crypto exchange

Thiel-backed Block.one is launching a crypto exchange called Bullish Global in 2021 and big-name investors including Mike Novogratz are o.....»»

Category: worldSource: nytMay 11th, 2021

The rotation from bitcoin into ether could point to a 2017-style correction in the crypto market, research firm says

The 2017 correction was preceded by the rapid rise of lesser known tokens following a peak in the price of bitcoin, similar to what has been seen this year. The surge in prices for cryptocurrencies this year "has a whiff of deja vu", reminisce.....»»

Category: smallbizSource: nytMay 10th, 2021

NewsWatch: A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’

Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit......»»

Category: topSource: marketwatchMay 6th, 2021