A stock split doesn’t change a given company’s fundamentals, nor does it improve the business environment for the firm; yet, stock splits have shown price appreciation in large tech companies which split their stocks. AMZN chart analysis Post split performance As the stock split affects the options trading, CNBC’s Options Action hosted the President of Optimize Advisors, Michael Khouw, who explained the options activity seen post-AMZN split. Furthermore, as Khouw explained, it would be expected that the number of contracts that are going to be traded would increase since owning one contract prior to the split would give a holder a total of 20 contracts....

Disney’s theme parks also beat projections, contrasting with the company’s prior dull quarter when sales came in at $18.53 billion below the average estimate of $18.79 billion, missing profit and subscription outlook. The company’s shares dropped after the company reported slowed streaming growth while their theme parks were still affected by coronavirus variant waves. Thus, Wednesday’s results represent a departure from the gloomy storyline. There is a bullish outlook held by many Disney stockholders, as they had anticipated that the company’s theme parks would rebound after the pandemic....

It’s worth noting that GME stock is up by a whopping 1078.34% Year-to-Date and up by 26% in the last week alone. However, despite impressive GME performance, stock research platform Tipranks hints that the bullish sentiments around the stock might fade away. The Wall Street analysts predict that GameStop stock’s price in the next 12 months will fluctuate between $10 – $175, with an average price of $55.80. At the time of writing, out of 6 analysts, 0 analysts suggest buying the stock, 2 to hold, and 4 having a sell rating for GME....

A ‘sweetheart deal’ The antitrust chief said that a ‘sweetheart deal’ between the Irish government and Apple meant that the iPhone-maker paid tax rates of below 1% for years. This deal came in a uniquely preferential package that counted as ‘illegal state aid’. Vestager said in 2016: Both the Irish government and Apple refuted these claims. However, judges of the General Court of the European Union overturned that decision. These judges said in a statement that the Commission failed showing to the requisite legal standard that Apple had any advantage from this arrangement....

Analysts and investors are confident about the future growth prospects; they are calling it a ‘once in a decade’ opportunity for the company. The 5G supported iPhone series event took the center stage because the company has been experiencing slowing iPhone revenue growth trends in the past few quarters. It is considered as Apple’s biggest upgrade cycle in years. Apple stock price soared more than 6% on Monday, the largest single-day increase in the last three months....

If passed, the bill introduced on January 25 would make Arizona the first state in the United States to recognize Bitcoin as a legal form of currency officially. The bill has been co-sponsored by other Republican Party leaders from Arizona. In announcing the bill’s launch, the lawmaker cited a recent report by banking giant Goldman Sachs indicating that Bitcoin is the best-performing asset in 2023. Uncertainty on passing the bill However, the bill’s passage remains to be determined, as the United States Constitution does not allow individual states to create their own legal tender....

Cookies were designed to be used as a mechanism for websites to retain information about the activity the visitor had taken in the past. This is especially common with sites that have shopping carts. Shopping cart information can be stored in a cookie so that when the user returns to the site in the future, the unprocessed shopping cart items would still be available to the user for further processing....

On Wednesday, the Australia-based firm announced that trading for the cryptocurrency will stop at 2 PM AEDT on March 28, and all open orders will be automatically canceled after that. Independent Reserve is giving its users six months to withdraw their BSV tokens. IT added that those who make withdrawal requests after the grace period might face delays and incur additional processing fees. BSV and Satoshi Nakamoto BSV, which stands for Bitcoin Satoshi Vision, was created in 2018 as a fork of Bitcoin Cash (BCH)....

As a matter of fact, Ethereum’s seven-day average fees on April 5 amounted to $24,487,397, which is 39.29 times or 190.1% more than $623,285 – the seven-day fee average of Bitcoin, according to the data acquired from the analytics platform CryptoFees.info on April 6. Indeed, the network’s high fees have long presented a major challenge to its usability and a threat to the vision of creating a decentralized economy, as Vitalik Buterin, the co-founder of Ethereum, himself has admitted....

The revelation was made by the bank’s owner Ricardo Salinas Pliego during a Twitter conversation. He indicated that Bitcoin is an excellent portfolio diversifier. According to the billionaire, by accepting Bitcoin, the lending institution is enhancing the client’s investment freedom. However, it remains unclear the form in which the bank will adopt Bitcoin. Notably, Salinas promised to offer further details soon. The billionaire made the announcement after holding a conversation with Microstrategy CEO Michael Saylor....

Keiser notes that the potential adoption of Bitcoin by the BoE is part of the broader notion that the asset has ‘killed’ central banks, Express.co.uk reports. He states that BoE is eventually considering adopting Bitcoin, a process that is in various phases, which he likened to the five stages of grief. Keiser believes that the bank is in the anger phase. His comments come after Bank of England deputy governor Sir Jon Cunliffe indicated that cryptocurrencies threaten the global economy and called for the sector’s regulation....

Belarus becomes an energy abundant country. Its leader, Alexander Lukashenko, favors Bitcoin mining and is ready to use cheap energy for it. Meanwhile, the tense Belarussian political situation casts a shadow on his plan whose implementation may concern the U.S. and China. The acting ruler of Belarus, long-standing President Alexander Lukashenko, has appeared in the center of the biggest political crisis of this country. The opposition argues that the Presidential ballot voting that took place from 4th to 9th August has delivered at least controversial results....

In particular, Microsoft (NASDAQ: MSFT) researchers are seeing an increase in related malware and techniques, as well as a new threat called ‘Cryware,’ according to a new security blog post published by the company on May 17. Cryware is a kind of data stealer that targets non-custodial crypto wallets (hot wallets). Since hot wallets, in contrast to cold wallets, are kept locally on a device and give simpler access to the cryptographic keys that are required to complete transactions, an increasing number of threats are focusing their attention on them....

Speaking to Yahoo Finance, Mashinsky said Bitcoin could hit the level, having managed to trade above $29,000 amid high volatility in recent weeks. By press time, Bitcoin was trading at $38,600 with $40,000 remaining the biggest resistance level. According to Mashinsky, the gains made by Bitcoin in recent days are building up the base for hitting the new all-time high. Bitcoin adoption to inspire new ATH Earlier, Mashinsky noted that Bitcoin’s adoption as a payment method in El Salvador informs his price prediction....

Stoeferle noted that Bitcoin’s increased coverage would play a part in the assets becoming a risk-off investment, especially with the input of institutional investors, he said during an interview with Finews Asia published on July 7. According to Stoeferle, the increased attention towards Bitcoin has triggered some investors to discover gold eventually in search of a store of wealth asset. Bitcoin’s distinction from rest of crypto market The managing partner added that Bitcoin would fully establish itself once 99% of current cryptocurrencies are wiped out of the market....

Following an increase in the usage of its blockchain network, Ethereum (ETH) reached a new all-time high on Wednesday morning, climbing in price beyond $4,600 for the first time in its existence. Polkadot (DOT) and Solana (SOL) both reached new highs, with the latter setting its sights on $75, while the former reached a new all-time Thursday, November 4, climbing to $250 before falling back down to $137 at the time of publication....

In a press release, Bitwise stated that the Bitwise Blue-Chip NFT Index Fund product targets investors interested in NFTs but has limited time to participate in regular auctions alongside bidding art collectibles. Upon launching, the fund hosts the ten most valuable NFT collections, including CryptoPunks, Bored Apes, Fidenza, etc. The collections have a combined market capitalization of over $6 billion. Bitwise indicated that the selected collections had been weighted on the basis of market capitalization since it gives room for optimizing liquidity and price discovery....

Speaking during an interview with Yahoo Finance on June 16, Rieder noted that the influx of cash around Bitcoin and the crypto market might have been the main undoing but maintained that the assets have a future in the financial future. Bitcoin might overshoot Notably, Bitcoin has plunged in recent months, trying to navigate the crypto market characterized with a high inflation environment and increasing interest rates. Currently, the asset is struggling to sustain its gains above $20,000....

The Bloomberg Intelligence: Crypto Outlook report states that the shifting demand and supply metric will influence Bitcoin’s possible price surge despite the increasing number of cryptocurrencies. The document acknowledged that basic economics are against broad price appreciation in an environment of rapid supply growth like the pumps and dumps registered among meme cryptocurrencies. Additionally, the report notes that despite being a new asset class, the ongoing Bitcoin early adoption and the limited supply are critical catalysts for growth....

Several European countries have imposed new business and travel restrictions due to the record increase in daily coronavirus infections. The situation is similar in the United States. Boeing’s third-quarter results indicate a challenging time for its commercial airplanes and global services segment. Short-term fundamentals are bleak Boeing has burned close to $22 billion in free cash flows since March 2019 due to 737 MAX jet grounding and pandemic related challenges....