Cathy Mulligan, co-director of Imperial College London’s Centre for Cryptocurrency Research and Engineering, believes a dearth of regulation is undermining new financial technologies. Although this might not come as welcome news to libertarian-minded bitcoiners, she believes uncertainty over regulations has stifled growth. “We have the situation in the UK […]
Netflix gains 4.95 million new subscribers in the first quarter, fewer than the 5.2 million it had forecast.
In Good or bad times, Bitcoin has always been a blessing to the digital currency ecosystem. Even at the verge of a split, the pioneer Crypto influences the rise of many sound altcoins. The fear of Bitcoin splitting as a result of the ongoing acrimonious Hard Fork dispute has […]
Antonio Madeira · April 8, 2017 · 12:00 pm 1,752 views <!—-> <!– shares –> <!– Excerpt A report by Cambridge University’s CCAF reveals that the number of people using cryptocurrency today… End Excerpt –> A report by Cambridge University’s CCAF reveals that the number of people using cryptocurrency today […]
In a period when most brick-and-mortar retailers have been struggling, Dollar General (NYSE: DG) has generally managed to hold its own. On Thursday, the discount chain reported that its fourth-quarter earnings increased by 13.7%, largely due to the addition of new stores, while same-store sales rose 1%.
In a happy pair of wins for U.S. casino stocks, both Las Vegas and its Chinese counterpart, Macau, recorded substantial growth in overall monthly gambling revenues. In Macau, gross gaming revenue in February came in at the equivalent of $2.88 billion, a sturdy 18% improvement on a year-over-year basis.
Weight Watchers (NYSE: WTW) shares have been on a bit of yo-yo diet since October 2015, when Oprah Winfrey bought a stake in the company. The stock became fairly volatile, with some investors expecting that simply adding the television mogul to the mix would send memberships skyrocketing.
Clearly, the Noid has been defeated. Domino’s (NYSE: DPZ) continues to deliver results that defy the market conditions dragging down sales in much of the restaurant industry. The company posted comparable-store sales gains in both the United States and globally in the fourth quarter, its 23rd straight quarter of domestic same-store growth and its 92nd quarter in a row growing internationally.
Two bright spots from what was primarily a poor fourth quarter and 2016 annual earnings report from GoPro (NASDAQ: GPRO)were the almost 30% sequential increase in downloads of Quik video editing app, and the company’s sales growth in China. GoPro could enjoy continued success on both those fronts, based on this week’s news that China-based smartphone manufacturer Huawei will include the Quik app in its latest devices, the P10 and P10 Plus.
Shares of Weibo (NASDAQ: WB) plunged 16% on Thursday after the Chinese social network reported its fourth-quarter earnings. That decline likely baffled many investors, since its growth figures and guidance all crushed analysts’ estimates. Let’s take a closer look at what happened.