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Swedish telecoms giant Ericsson says despite its poor Q4 2022 earnings, it sees significant patent revenue growth in the next 24 months. Ericsson recently reported a larger-than-anticipated decline in its Q4 2022 earnings statement. The Swedish telecommunications giant said its underwhelming fourth-quarter earnings are due to a slowdown in sales of
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In the released earnings report, Bank of America recorded a net income of $3.6 billion for the fourth quarter while client balances stayed flat at $1.6 trillion.American multinational investment bank and financial services holding company Bank of America Corp (NYSE: BAC) has released its performance report for the fourth quarter
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During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%.Taiwan Semiconductor Manufacturing Company (TSMC) has posted another quarterly record and a 78% surge in net profit during 2022 Q4. The company saw exponential growth in its net profit due to
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The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees.Origin Protocol, a Web 3.0 infrastructure and innovative products developer, has announced the launch of Origin Dollar (OUSD) V2 as it looks to build
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Post Ethereum (ETH) merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report. According to data, user behavior and historical analysis show multiple trends of rapid growth
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Chinese cryptocurrency mining firm Canaan will continue to expand operations despite the ongoing bear market and an associated drop in earnings, according to the company’s CEO.Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, the firm officially announced on Nov. 14. The firm’s Q3 net income amounted
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The miners cash reserves, however, didn't move much compared to the previous quarter, even as other major miners are saying that they are close to bankruptcy. Riot had $255 million of cash on hand and 6,766 BTC at the end of the third quarter, compared to $270.5 million in cash
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The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency
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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2022. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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