Tag Archives: year

Digihost Announces 2021 Audited Year End Financial Results and Provides Operational Update

Table: BTC mining operations Table: BTC mining operations This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin (“BTC”) mining company, is pleased to provide a summary of the… Source link

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Bitcoin’s Stealth Rally Erases Its Losses for the Year

(Bloomberg) — Bitcoin’s stealth rally over the past two weeks not only pushed it past a key level of $45,000 — it also put the world’s biggest cryptocurrency back in positive territory for the year. Most Read from Bloomberg The cryptocurrency — up more than 15% since March 11 — traded at about $46,600 as of 7:10 p.m. New York time, beyond the upper end of what had been a narrow $35,000-to-$45,000 range since early this year. With the fresh gains, the coin is now up about 0.6% for the… Source link

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NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

Quarterly Total Revenues reached RMB9,900.7 million (US$1,553.6 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 25,034 vehiclesFull Year Total Revenues reached RMB36,136.4 million (US$5,670.6 million)Full Year Deliveries of the ES8, the ES6 and the EC6 were 91,429 vehicles SHANGHAI, China, March 24, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today… Source link

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Alibaba and other China stocks will ‘rip’ this year: strategist

Alibaba (BABA)’s ADRs could rip higher after a massive relief rally spurred by an ease of regulatory risks, which one equity manager called “a sea change.” “I think you’re going to see China stocks rip for the next 8 or 12 months into the China National Congress [elections],” Thomas Hayes, chairman of Great Hill Capital, told Yahoo Finance. “When you look at some of them in particular, we’re focused on Alibaba, I think the returns are going to be spectacular.’ On Wednesday, e-commerce giant… Source link

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February CPI rises 7.9% over last year

U.S. consumers paid more for a variety of goods and services in February compared to the prior month and year, with prices climbing across the economy amid lingering supply and demand imbalances. The Bureau of Labor Statistics’ Consumer Price Index (CPI) rose 7.9% in February compared to last year, marking the fastest annual jump since 1982. This took out January’s previous 40-year high rate of 7.5%, and matched consensus economist expectations, according to Bloomberg data. On a… Source link

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Google’s Android 12L officially launches, will come to select devices this year – TechCrunch

Google in October announced a preview of Android 12L, a version of the Android operating system designed specifically for large-screened devices. Today, Android 12L is officially becoming available, offering features that will make it easier to use Android on tablet devices. The software will begin to roll out to supported devices from Samsung, Lenovo and Microsoft starting later this year, Google said. The idea with Android 12L was to tailor Android for users on tablets and foldable… Source link

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Novavax Reports Fourth Quarter and Full Year 2021 Financial Results and Operational Highlights

GAITHERSBURG, Md., Feb. 28, 2022 /PRNewswire/ — NVX-CoV2373 is the first protein-based COVID-19 vaccine authorized in multiple major markets around the world, including the European Union, Australia, Canada, and Great Britain; authorizations granted by 12 regulatory agencies and emergency use listing from the WHO Additional filings for authorization under review, including in the United States Initiated vaccine shipments globally, with doses administered in the European Union, Australia,

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Block Shares Surge on Rosy Outlook for Rest of Year

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

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Block Shares Surge on Rosy Outlook for Rest of Year

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

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Inflationary pressures will ease throughout the year: Strategist

As the labor market continues to improve and the Fed set to begin raising interest rates as early as this spring, inflation may be approaching its peak. Inflation rose 7.5% year-over-year in January as measured by the Bureau of Labor Statistics monthly inflation report, representing the highest inflation increase in 40 years. Though a multitude of factors contribute to the inflation the U.S. is currently experiencing, issues with the supply chain have been a significant contributor, says Eric… Source link

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