Tesla Inc reported second-quarter earnings that beat analyst expectations. The report was released on Monday and the company posted revenue that beat expectations. Earnings per share were $1.45 while revenue was $11.96B. Market surveys from Investing.com had expected earnings per share of $0.9364 and earnings per share of $11.53B. Also, …
Read More »Amazon Negates Bitcoin Rumors as Bezos Focuses on the Moon
Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …
Read More »Bitcoin Down 10%, Continues to Descend from Record Heights
Bitcoin fell 10% Thursday, January 21, to a 10-day low at 31,977 dollars, as the most popular digital currencies in the world continued to decline from a peak of 42 thousand dollars reached on January 8. The decline came amid growing fears that Bitcoin was one of a group of …
Read More »Investors Worry About Bitcoin and Tech Stock Bubbles: Survey
Investors are growing worried about Bitcoin and tech stocks on Wall Street as the biggest risks of market bubbles right now, according to a recent report by Deutsche Bank picked up by CNBC on Tuesday. A survey by Deutsche Bank showed that the majority of investors, 89% of 627 participants, …
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