International Business Machines (IBM) – Get International Business Machines Corporation Report posted better-than-expected second quarter earnings Monday but cautioned that the impact of the strongest dollar in more than two decades would erode full-year sales by around $3.5 billion. IBM said revenues for the three months ending in June rose 9% from last year to…
Share to FacebookShare to TwitterShare to Linkedin Rings of Power Amazon It is hard to understate just how much Amazon Prime has riding on The Rings of Power, its Lord of the Rings series with a reported billion dollar budget. We are now less than two months away from its debut and marketing is starting…
Anyone who’s dabbled in the housing market during the last two years likely went through a whirlwind. The average sales price of a home—at half a million dollars in the first quarter—was the highest on record; housing supply is near historic lows; and interest rates are hitting the highest weekly increases in decades. Then came…
Share to FacebookShare to TwitterShare to LinkedinBitcoin BTC and cryptocurrency prices have collapsed through 2022, with the bitcoin price losing almost 70% from its all-time high set late last year. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has this week climbed back…
Share to FacebookShare to TwitterShare to Linkedin Thor Love and Thunder Marvel People have started to taken note that the luster is starting to fade a little bit from Marvel projects. I mean granted, that still means billions of dollars and pop culture conversation domination, but here in Phase 4, things feel a bit…different. Supposedly…
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Share to FacebookShare to TwitterShare to LinkedinTopline The British Army said Sunday afternoon it has launched an investigation into a breach of its Twitter and YouTube accounts hours earlier, which led to the military branch’s accounts being used to post about nonfungible tokens and cryptocurrency. Soldiers of The 1st Battalion Duke of Lancaster’s Regiment brave…
Jeff Greene The Palm Beach Post/Zuma Press/Alamy Jeff Greene, who made his first fortune shorting subprime mortgages during the Great Recession, sees trouble ahead for real estate and no relief for crypto or tech stocks. By Giacomo Tognini During the last major recession from 2007 to 2009, a little-known entrepreneur named Jeff Greene made billions…
The lull does not seem to be able to last on the cryptocurrency market. After a few stabilization sessions, the prices of digital currencies are falling again, suggesting that investors’ fears and questions about the solvency of certain firms in the sector remain strong. These fears have just been confirmed with the default of payment…
Share to FacebookShare to TwitterShare to Linkedin Tesla CEO Elon Musk speaks at the opening of Giga Texas in Austin on April 7, 2022. AFP via Getty Images) Tesla’s brand new plants in Germany and Texas will eventually help the electric-car maker dramatically boost output but for now they’re “money furnaces” losing billions of dollars,…