Tesla reported a $140 million loss in bitcoins

01.02.2023
Tesla lost more than $140 million betting on bitcoin last year. The electric car maker incurred an impairment charge of $204 million, while making a $64 million gain from bitcoin conversions in 2022. An impairment...
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Water is big business. Xylem stock is worth buying now

01.02.2023
Xylem XYL +2.88% was always an attractive, albeit expensive, stock with a strong position in an important, growing industry. The company then moved to buy Evoqua Water Technologies AQUA +2.71% . Now Xylem is a...
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Amazon’s Web3 entry will be a nightmare for compliance

30.01.2023
Amazon is rumored to be about to introduce an NFT initiative, part of the retail giant's larger push into Web3. The project could cause significant regulatory problems. Amazon is rumored to be about to unveil...
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A giant Swiss bank was buying up Intel stock

30.01.2023
A large Swiss bank made a "call" in chip stocks and also added to media and entertainment stocks. Julius Baer of Zurich bought shares of Intel INTC -6.41% (ticker: INTC), Walt Disney DIS -0.15% (DIS)...
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SEC rejects another ARK proposal to create Spot Bitcoin ETF

27.01.2023
Another day, another refusal by the Securities and Exchange Commission (SEC) to allow the launch of a spot bitcoin ETF in the United States. The latest rejected proposal came from ARK Invest, who joined forces...
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