Bitcoin price has bounced sharply from the September 15 low, but on-chain data suggests long-term holders aren’t driving the profit-taking. BTC climbed …
Profit
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Analysis
AI Boom Driving ‘Astronomical’ Profit Growth, Lifting Information Technology, Energy and Two Other S&P 500 Sectors
by shayaanby shayaanPowerful demand for artificial intelligence technologies is lifting earnings expectations for companies in the S&P 500. Analysts now project full-year profit growth …
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Decentralized finance has an accounting problem, and the company running one of its biggest trade routers is happy to say it out …
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Analysis
US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin
by shayaanby shayaanUS technology companies are achieving record profit margins thanks to advances in artificial intelligence. Profit margins for Technology, Media, and Telecom stocks …
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The VVV price has delivered a massive payday for whale 0x7378, but the rally is now showing signs of overheating. In just …
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Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion …
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Markets
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
by shayaanby shayaanStrategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months. www.coindesk.com
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Scams
Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
by shayaanby shayaanIn brief Strategy is sitting on roughly $1.4 billion in unrealized gains on its Bitcoin holdings. The company holds 840,447 BTC acquired …
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Analysis
UBS Global Wealth Management Boosts S&P 500 Year-End Target to 8,100 on Stronger Profit Outlook
by shayaanby shayaanUS equities continue to draw upward revisions from major banks and institutional investors amid robust corporate earnings and economic resilience. The Swiss …
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Markets
EToro reports second quarter crypto loss even as total profit beats estimates
by shayaanby shayaanThe trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero …