Category Archive: Finance, No picture
Q1 2024 U.S. Retail Scorecard – Thursday, May 30
Image Source: Unsplash To date, 176 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 88% of the index. Of those companies that have reported their quarterly results, 73% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 26% reported earnings that fell below estimates. […]
Grain Markets Continue To Retreat As We Approach The Last Trading Day Of The Month
Image Source: Unsplash Grain markets were weaker yet again in today’s trade, taking corn prices back to where we were at the start of the month. Will grains be able to hold a rally in June?Video Length: 00:04:35More By This Author:Gold/Silver: Was That The Bottom? (Levels To Watch)Bitcoin Halving Event This Weekend, Here’s What To KnowWeaker […]
Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance
Nic Carter from Castle Island Ventures and Elizabeth Olson, an Ordinals educator, discussed how the adoption of Ordinals and BRC-20 is saving Bitcoin from irrelevance in a recent panel titled “Bitcoin Renaissance” at Consensus, which took place today. “I would actually argue to say that Ordinals and these fungible token standards, like runes, these are […]
What Awaits Hewlett Packard Enterprise In Q2 Earnings?
Image Source: Unsplash Hewlett Packard Enterprise (HPE – Free Report) is slated to report second-quarter fiscal 2024 results, after market close, on June 4.For the fiscal second quarter, Hewlett Packard Enterprise projects non-GAAP earnings per share between 36 cents and 41 cents. The Zacks Consensus Estimate for earnings is pegged at 38 cents, indicating a year-over-year decline of 26.9%.HPE expects […]
Dell Shares Slide In Extended Trading Despite Beating On Revenue And Earnings
Image Source: Unsplash CNBC’s Kristina Partsinevelos joins ‘Closing Bell Overtime’ with Dell quarterly results.Video Length: 00:00:49More By This Author:Home Depot Revenue Misses, Shares Slip Reddit Shares Climb On Revenue Beat In First Quarterly Report Since IPOAmerican Airlines Swings To A Loss, But Tops Estimates For Q2 Forecast
A Drop In Oil Sets A Fire For This Utilities And Energy Play
Image Source: Unsplash Conditions are looking good for the move I have in mind today…Crude futures spiked yesterday, up to $80.62… and then sold off today, pretty much erasing the gains of the previous two sessions.From a technical perspective, and I’ll show you the charts in just a second, this pushes us, bearishly, toward the lows.Now, […]
Matter Labs’ zero-knowledge trademark bid sparks industry backlash
Ethereum projects, including StarkWare, Polyhedra, and Polygon, have condemned Matter Labs’ efforts to trademark the term “zero-knowledge” as its intellectual property.In a joint statement released via GitHub on May 30, notable industry figures argued that zero-knowledge (ZK) technology should remain a public good accessible to everyone.Zero knowledge blockchains have gained popularity as a solution that […]
How Gold & Silver Compare Against Other Assets Following This Year’s Rally
Image Source: Unsplash With the gold and silver prices settling at their new levels above $2,300 and $30 respectively, it’s a fun time to take a look at how they now compare against some of the other major asset classes.Yes, looking at the pricing while the metals are at their highs of course impacts the data. […]
Grains Report – Thursday, May 30
Image Source: Unsplash WheatGeneral Comments: Wheat was lower in all three markets as adverse world growing conditions appear to be part of the price now. Russian analytical services cut production estimates over the weekend to between 80 and 82 million tons, from over 85 million previously. There were no more reports of frosts and freezing temperatures […]
Vitalik Buterin donates 30 ETH to Tornado Cash legal defense as he develops a ‘compliant’ version
Ethereum co-founder Vitalik Buterin has made a significant donation of 30 Ether (approximately $114,000) to support the legal defense of Alexey Pertsev and Roman Storm, the developers behind the controversial crypto mixer Tornado Cash.Simultaneously, Buterin is working on a new Ethereum-based crypto mixer designed to be compliant with anti-money laundering laws.Alexey Pertsev, one of the […]
