Shares of software company soared almost 30% so far this year, accelerating twelve months gains to 50%. Microsoft stock price currently trades around $200, down from a 52-weeks high of $230 a share. In addition to share price gains, Microsoft also rewards investors through hefty dividends. The company has raised dividends in the past seventeen consecutive years, with a dividend growth rate of more than 10% in the past five connective years....

This has also impacted investors, as the MSCI Europe Beverage index rose 8% over the past two months. Christophe Barraud, the Chief Economist, Strategist, and Bloomberg top forecaster, explained on August 11 that the beverage sector, usually highly valued, reached its most expensive level in 17 years as prices increased relative to the broader market. Beverage market growth Like all global beverage markets, the European one was also heavily impacted by the onset of Covid-19 and lockdowns, hurling multiple obstacles at the industry....

In a press statement, Citi indicated that the sale would entail transferring its Australian business assets amounting to A$21.2 billion. The assets include residential mortgages worth A$7.9 billion, deposits worth A$9 billion, and A$4.3 billion in unsecured lending. The deal has been structured as an asset and liability transfer where NAB is expected to pay cash for the net assets alongside a premium of A$250 million. As part of the deal, about 800 Citi employees will be absorbed by NAB....

The company is searching for an executive to spearhead the gaming segment that will feature a bundle of games similar to Apple’s (NASDAQ: AAPL) online subscription model, a source close to the matter told The Information. Although details about the gaming venture are still scanty, the company does not plan to feature any ads, just like the streaming service. The source indicates that Netflix has already approached various gaming industry veteran executives regarding the role with no official job listing....

The number of subscribers that was expected to be lost by Netflix was 2 million; instead, the company lost “only” 1 million. This, in conjunction with other information, caused the stock to surge by more than 13% collectively during the trading day and in the after-hours session. Furthermore, the earnings highlighted revenue of $7.97 billion, an 8.6% year-on-year (YoY), missing estimates by $60 million. On the other hand, earnings per share (EPS) were $3....

After the hack, Solana developers indicated that they had identified the root cause of the exploit as compromised private keys “created, imported, or used in Slope mobile wallet applications.” Although a section of the community has blamed the hack on Solana, a new analysis of the exploit appears to absolve the network of any responsibility. In a series of tweets on August 3, Web 3.0 powered by blockchain technology, Point Network noted the first sign why Solana is not to blame is because only two network wallets were affected....

According to the company, the acquisition set to be finalized in Q3 2021 will enhance Nvidia Drive, the company’s autonomous vehicle technology segment. The integration of DeepMap’s technology will help solve some of the pain points for Nvidia in achieving full autonomy in passenger vehicles. Notably, the main challenge lies in attaining proper localization and updated mapping information that mirrors the current road conditions. Basically, the technology will enable chipmaker’s autonomous vehicles to locate themselves on the road....

This layer may translate data from a format used by the application layer into a common format at the source system. The presentation layer at the target system may re-translate the format into another appropriate format for its application layer. Presentation Services The presentation layer provides the following services and functions. These functions ensure that information sent from the application layer of one system will be readable by the application layer of another system....

Despite being one of the pandemic winners, due to increased household spending on online shopping, year-to-date (YTD), the shares lost over 60% primarily due to a reduction in online spending, but also the forecast cut the company has made earlier this year. While Finbold recently reported that an uptick in the stock might be linked with possible activist involvement, the news of an Elliot stake could make sense as the stock is now trading at 19 times forward earnings, below the five-year average of 36 times....

PayPal stock price soared sharply after the digital payment platform announced its crypto services on Wednesday, but shares erased all the gains on Thursday. The selloff is blamed on short-term value investor’s strategy of capitalizing on recent gains by selling the stock. PayPal stock currently trades around $203. Its shares rose more than 100% in the past twelve months as virus spread has increased user’s focus towards online platforms....

The $25.7 billion of revenues earned reflects 82% of operational growth; excluding contributions from Comirnaty and Paxlovid drugs, the revenues increased 2% operationally. PFE expects Cominaty to bring in roughly $32 billion for the full year 2022 despite the mentioned unfavorable foreign exchange impact. Unique stance on Ukraine On the war in Ukraine Bourla commented: Chart and analysts’ predictions Shares have been trading in a choppy manner since the start of 2022, with Covid lockdowns being slowly eased and most of the population across the globe vaccinated....

Having joined the market in 2018, QNT has been on the rise amid increased adoption alongside listing on leading crypto exchanges, including Binance and Coinbase. Overall, QNT has been on a bullish run over the last month. By press time, the 30th-ranked cryptocurrency by market capitalization was trading at $174, having gained over 70% within a month. The monthly chart saw the price peak at $225 on October 17. At the same time, the token is witnessing increasing buying pressure, with a market capitalization of $2....

DNB Asset Management AS, a unit of Norway’s largest financial-services firm DNB, and one of the larger European asset management firms, revealed interesting acquisitions for Q3 through their 13F filing. The three biggest assets that DNB added to its $82 billion asset portfolio during the third quarter are listed below, along with an in-depth chart and technical analysis of each company by Finbold. Alphabet Inc (NASDAQ: GOOG) DNB added over 4....

Ford Motor Company (NYSE: F) and Rivian announced publicly on Friday, November 19, that they had discontinued their intentions to build an electric vehicle (EV) using Rivian technology in partnership after collaborating for some time. Consequently, it has had a knock-on effect on Rivian stock, which had only had its IPO on November 10. Premarket trading on Friday, November 26, saw the stock slide down further $109.50 -5.35 (4.66%), as per Nasdaq premarket....

The bill put forward on June 22 under consideration before the country’s parliament spells out that individuals or companies involved in the illegal issuance of cryptocurrencies will be subject to significant fines. According to the bill by Anatoly Aksakov, if adopted into law, individuals will be fined up to 5,000 Russian rubles ( $90) and 30,000 ($550) for officials. Legal entities will part with a fine of between 700,000 and 1,000,000 rubles....

However, some companies won’t take ‘no’ for an answer, with SkyBridge Capital, an investment firm whose founder and managing partner is Anthony Scaramucci, being one such firm, Bloomberg Law reported on June 21. Indeed, the report reads that SkyBridge Capital, which had its spot Bitcoin ETF application denied back in January, “is planning to file again for permission to list a spot Bitcoin exchange-traded fund on the New York Stok Exchange....

Liz Madaras and Krisztina Levay, co-founders of Hungary-based biotech company Poliloop, said that the unique bacterial cocktail eats single-use plastic and transforms them into a brown liquid sludge that can be used as a soil improver. They said that the process takes seven weeks without prior chemical treatment or processing. A potential solution to the global plastic waste problem The researchers declined to reveal the ingredients used in the treatment but said that if the cocktail can be produced on a large scale, it may have important implications on the global plastic waste problem....

Specifically, the person using this mining rig has beaten the odds and became the first to add block 772,793 to the Bitcoin blockchain, rewarding them directly with 6.25 BTC (worth over $130,000 at the time), user Willi9974 wrote on BitcoinTalk shortly after the block was solved on January 20. Notably, 98% of the total 6.35939231 BTC authorized block reward and fees went to the miner, whereas the leftover 2% was directed to Solo CK pool, an online mining platform facilitating solo mining....

In a guideline, the bank stated that institutions should not impose an overall cryptocurrency ban but called for banks to conduct due diligence when dealing with such clients. This comes after some banks in the country resolved to close clients’ accounts associated with cryptocurrencies citing a lack of adequate regulations to govern the sector. Managing crypto risks internally Furthermore, banks had shut down crypto-linked accounts due to greater risk exposure....

In a statement shared with Finbold on December 19, Fluidity noted that the blockchain incentive rewards users for swapping, trading, or performing any on-chain transaction with Fluid-wrapped assets. In this line, Fluidity’s wrapped assets (Fluid Assets) refer to stablecoins that users can redeem anytime. After the launch on Ethereum, the project is targeting the Solana (SOL), Arbitrum, and Polygon (MATIC) blockchains. Users already stress-testing Currently, Fluidity has been operating on the Solana devnet beta and Ethereum testnet, hosting about 50,000 users or ‘Fluiders....