Julien Viry / Getty Images The cryptocurrency that started as a joke in 2013 based on a Shibu Inu meme gained 54% Tuesday to reach a value of $0.11, making each Dogecoin worth more than a full U.S. dime, based on CoinDesk statistics. Earlier in the day, Doge hit $0.12. That figure represents an all-time high for the crypto touted by celebrities Elon Musk and Snoop Dogg, Business Insider writes. See: Coinbase, the Largest US Cryptocurrency Exchange, Goes Public – ‘It Will Infect the… Source link
Read More »Coinbase is really worth $5 billion, not $100 billion: strategist – Yahoo Finance
TipRanks JPMorgan: 2 Stocks for Stellar Long-Term Gains According to JPMorgan CEO Jamie Dimon, the US is on the cusp of an economic boom which should fuel growth at least until 2023. Dimon attributes the prospect of strong growth to several reasons. “I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,”… Source link
Read More »Microsoft in talks to buy AI firm Nuance Communications for about $16 billion
InvestorPlace Exxon Mobil Will Keep Paying Its Dividend, And May Be Worth 30% More Exxon Mobil Corp. (NYSE:XOM) is not going to lower its dividend no matter what it costs the company. That point came out loud and clear from the company’s latest earnings conference call. This means that XOM stock will continue to have a “strong” dividend yield of about 6.15%. It’s worth at least 32% more, or $74.63 per share, based on its historical dividend yield. Source: Harry Green / Shutterstock.com… Source link
Read More »Microsoft could finally be the king of gaming — if it spends $10 billion on Discord
Wednesday, March 31, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Buying Discord could make Microsoft the gaming behemoth it’s always wanted to be Microsoft (MSFT) is considering dropping a cool $10 billion on video game chat app Discord, according to recent reports. If the software giant does take the plunge, it could help… Source link
Read More »Microsoft $22 Billion U.S. Army Deal for HoloLens Advances
(Bloomberg) — Microsoft Corp.’s multibillion-dollar deal to build customized versions of its HoloLens goggles for the U.S. Army is moving forward, one year after the Senate considered freezing half the contract. The deal, initially unveiled three years ago, is now worth as much as $21.9 billion over 10 years, according to Microsoft. The agreement runs for an initial five years, with an option to add another five years. The software maker will manufacture the augmented-reality devices in… Source link
Read More »Google says ‘not up to us’ to dictate how news companies spend its $1 billion
(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The update comes as big internet service providers including Facebook Inc have been locked in bitter… Source link
Read More »Google says ‘not up to us’ to dictate how news companies spend its $1 billion
(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The update comes as big internet service providers including Facebook Inc have been locked in bitter… Source link
Read More »Nomura flags $2 billion loss, cancels bond issue; shares plummet
By Makiko Yamazaki and Stanley White TOKYO (Reuters) -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling by the most in over a decade. Nomura’s stock was greeted by a deluge of sell orders at market open, pushing its price down as much 16% in early trade. The firm in a statement said the $2 billion hit derived from transactions with a U.S…. Source link
Read More »Goldman Sold $10.5 Billion of Stocks in Block-Trade Spree
TipRanks J.P. Morgan Says These 2 Stocks Could Surge at Least 30% From Current Levels In a volatile market environment, with stocks getting buffeted about by a variety of conflicting forces, investors are looking to the expert commentators for some guidance. Covering the macro situation from banking giant JPMorgan, quant strategist Marko Kolanovic believes that we’re in for continued gains in stocks. Kolanovic doesn’t dismiss the recent dips in the S&P 500 and the NASDAQ; rather, he sees… Source link
Read More »GameStop’s Tumult Lives On With $6.4 Billion Roller Coaster Trip
(Bloomberg) — GameStop Corp. is ending the week lower than where it started, even after retail investors refused to let go of their commitment to the stock following an earnings-related selloff. Investors were quick to get over GameStop’s 12th consecutive quarter of slowing sales and management’s decision to not take questions on its earnings call on Tuesday, despite warnings from most Wall Street analysts. On Thursday, shares erased the earnings-led slump. More than $6.4 billion in… Source link
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