Furthermore, Starbucks posted revenue of $8.15 billion, an 8.7% year-on-year (YoY) increase, beating estimates by $20 million; similarly, the earnings per share (EPS) were $0.84 beating estimates by $0.08. Moreover, the firm’s CFO, Rachel Ruggeri, joined CNBC’s Squawk Box to discuss the strong results, stressing that they have ‘an offering that’s worth paying for.’ She also added: SBUX chart and analysis The long-term trend is still neutral, but the short-term trend is positive, with the stock trading between $75....

The findings result from an Osterman Research study commissioned by Trend Micro and based on interviews with 130 cybersecurity experts from mid-sized and large businesses. In general, the survey questioned respondents to assess their efficiency in 17 critical best practice areas linked to ransomware and phishing, ranging from safeguarding endpoints against malware infection to ensuring that all systems are patched as soon as possible. The findings According to the report, half of the respondents said they were inefficient overall at combating phishing and ransomware....

Indeed, Riot Blockchain Inc. stated that it profited around $9.5 million by suspending operations in its facility in Rockdale, east of Austin during the heatwave, which is more than what the company earned by selling Bitcoin, local news outlet MySanAntonio reported on August 4. In mid-July, “nearly all industrial scale Bitcoin mining” firms in Texas had shut down their rigs as of July 11, reaping the rewards from the Electric Reliability Council of Texas (ERCOT) which opted to pay high electricity users like cryptocurrency miners to minimize energy usage during periods of high demand....

In a joint press release, the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF) stated that using cryptocurrencies in payment poses a threat to the country’s financial sector. The agencies acknowledged the widespread usage of digital currencies as a payment mode, but regulators need to focus on protecting consumers. Furthermore, the regulators stated that they had reviewed the benefits and shortcomings of digital currencies in payment and the risks of price volatility, cybercrime, data privacy, and money laundering stood out....

Namely, the Bank of Canada has carried out a series of annual surveys between 2016 and 2020, summing up the results in a report titled ‘Bitcoin Awareness, Ownership, and Use: 2016-20’, as reported by The Globe and Mail on April 20. One of the conclusions presented in the study was that Canadians who invest in Bitcoin generally have low levels of financial literacy, although they are also exposed to higher levels of financial risk....

It is projected that The Boring Company is now worth $5.675 billion after the financing, which was led by Vy Capital and Sequoia Capital and included participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. It is planned to utilize the funds raised in this round to dramatically boost personnel throughout the engineering, operations, and production departments in order to construct and scale Loop projects, including the Vegas Loop and others, as well as to accelerate research and development for Prufrock and future products....

Data acquired by Finbold indicates that TikTok was the most popular mobile video app in 2020 globally, with 660.12 million downloads on Google Play and Apple App Store combined. Singapore’s Likee trails TikTok accounting for 270.3 million downloads, while SnackVideo ranks third with 233.57 million downloads. Despite strong brand support and longevity in the industry, YouTube ranks in the fourth spot with 222.7 million downloads. Elsewhere, UVideo had the tenth highest downloads at 74....

Specifically, the top five metaverse-related tokens by market capitalization – Decentraland (MANA), The Sandbox (SAND), ApeCoin (APE), Theta Network (THETA), and Axie Infinity (AXS) – are all on a roll, recording double-digit gains over the previous week, according to CoinMarketCap data retrieved on July 7. Among them, The Sandbox is the convincing leader in weekly gains, as it has increased its value by 31.86%, trading at press time at $1....

Data acquired and calculated by Finbold reveals that the top 500 United States public companies’ market value grew by $1.99 trillion amid a pandemic between December 31, 2020, and March 31, 2021. The cumulative market capitalization as of December 31, 2020, stood at $33.38 trillion and hit $35,38 trillion at the end of March 2021. The companies’ market value has surged by 88.47% from 2015, reflecting the economic growth in the past six years....

In a press statement, Pundi X indicates that the services primarily targetting businesses would be available in collaboration with platform-as-a-solution company OVO Dijital. Pundi X aims to facilitate convenient in-store cryptocurrency exchange by setting up physical cryptocurrency exchange spots. According to Pundi X, the decision to roll out services in Turkey follows the country’s growing interest in cryptocurrencies. Notably, the World Economic Forum (WEF) research indicates that Turkey is the 4th in the world with a 16% share in the interest for cryptocurrencies....

Speaking during an interview with Bloomberg Markets and Finance on September 15, the senator called out SEC chair Gary Gensler for failing to acknowledge that cryptocurrencies are different from other investment products like stocks and bonds. He noted that Gensler should highlight the framework he uses to regulate cryptocurrencies while dismissing the SEC’s view that almost all digital assets are securities. According to Toomey, who is also a ​​ranking member of the Senate Banking Committee, assets like Bitcoin (BTC) differ from the rest of the market and hence cannot be classified as securities....

Broad-based indexes lost $1 trillion of value but fared better than the Nasdaq index. Investors kept punishing the Pandemic darlings dragging the indexes with them. A sea of red President Biden claimed on Thursday 31st of March that the USA is preparing to release record reserves of oil to fight the soaring energy prices and inflation. As a result, the S&P 500 fell by 1.6%, Nasdaq by 1.5%, and Dow Jones by 1....

On March 16, the Director, Division on Globalization and Development Strategies at UNCTAD, Richard Kozul-Wright, said: Mr. Kozul-Wright warned that not many countries would escape unscathed by the outbreak’s financial ramifications as the stock markets took a huge blow. He was speaking while launching the UNCTAD report as the world financial markets crumbled over fears of the supply-chain interruptions from China. Also, the markets collapsed as oil price uncertainty increased among major producers....

About Unizen The platform combines the best of both worlds between centralized (CEX) and decentralized exchanges (DEX) earning the term CeDeFi. CeDeFi stands for CEntralized DEcentralized FInance and refers to a platform that operates under the customary financial regulations while also experimenting with the modern financial innovations introduced through the blockchain. Unizen is a centralized hybrid exchange on two levels: on top of being a CeDeFi, it also supports both cryptocurrency trading and staking....

The early surge followed Li Auto’s (NASDAQ: LI) announcement that it had tripled its sales in the third quarter over the prior-year period. LI’s burgeoning sales reflect Chinese consumers’ rising demand for electric cars. Despite the fact that Nio delivered slightly fewer cars than Li in the third quarter, the company generated around $1.5 billion in total revenue, compared to Li’s approximately $1.2 billion. The medium-term outlook for NIO has been bleak, but recent price action suggests that things are beginning to turn around, although it is trading in the bottom half of its 52-week trading range....

However, others, such as those investors on Wall Street, predict that Bitcoin will depreciate significantly in the near future, believing that the token is more likely to hit $10,000, which would reduce its worth by almost half, than that it will climb back to $30,000, as per 60% of the 950 investors who responded to the latest MLIV Pulse survey Bloomberg reported on July 11. The overly pessimistic outlook of investors is shown by the uneven forecast....

Furthermore, Armoni explained the existing opportunities between challenger banks and traditional banks in the future. At the same time, he highlighted how the Covid-19 pandemic offered the perfect ground for eliminating cash transactions in most countries. The executive affirmed that cryptocurrencies are here to stay and delved into Wallter’s stand on venturing into digital assets trading. He also talked about the payment industry’s overall outlook, considering that many players are joining the sector....

Dow Jones Industrial Average futures were up over 120 points, while the S&P 500 and Nasdaq 100 futures gained 0.4% and 0.3%, respectively on Thursday. The S&P 500 has reached its highest level for over a month, topping 3450 points on Friday. According to the Bank of America, a bullish technical analysis pattern called an inverted head and shoulders suggests that the S&P 500 could jump a further 7%. A target of 3640 points could be in play if the index can break above neckline resistance....

Stick to the article to learn more about Discord’s official color palette. Discord’s Logo A simple tweet raised a “team blue Discord” and “team purple Discord.” Everybody wanted the logo to be what they saw. But if you delve further into the Discord color code, you’ll realize that it contains both blue and purple. The discord brand team calls it blurple. It’s a blend of purple and blue shades. Discord’s brand team took a step further and listed the logo’s color codes....

In this article, you will learn more about the meaning of ‘BRB’ and how to use and reply to it appropriately. Stick around to find other meanings of the acronym, though they are hardly used on this platform. What Is “BRB”? ‘BRB’ is the short form for “be right back.” If a Snapchat user sends you a snap or inbox with ‘BRB,’ it means that they are leaving the chat shortly but will be back....