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Glassnode said the estimate was made based on a “50% withdrawal credential update, our segmentation of depositors, and assumptions regarding investor conviction, and profitability” by using wallet behavior, period of staking and presence of liquid staking derivative products, such as Lido. Source
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Dell announced that Sweet would retire as the chief financial officer at the end of Q2 and be replaced by Yvonne McGill. Dell Technologies Inc (NYSE: DELL) announced its Q4 and full-year fiscal 2023 financial results on March 2. According to the earnings announcement, the American multinational technology company reported a
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As Etsy managed to beat the Street estimates for Q4 2022 revenue, ETSY stock price surged by 6.46% in aftermarket hours. In Q1 2023, Etsy is expecting gross merchandise sales (GMS) anywhere in the range of $2.95 billion to $3.15 billion On Wednesday, February 22, public-listed e-commerce firm Etsy Inc (NASDAQ:
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United States-based cryptocurrency exchange Coinbase has beaten revenue expectations for the fourth quarter of 2022 but continued to see its transaction volume decline.Net revenue for the exchange came in at $605 million for the quarter, beating the $589 million revenue reportedly estimated by Wall Street analystsTransaction volumes decreased 12% compared
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JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already staked in
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At the end of this year, Meta expects its total expense to fall between $89 billion and $95 billion.Tech giant Meta Platforms Inc (NASDAQ: META) exceeded analysts’ estimation in revenue during 2022 Q4, according to its earnings report. While there was a prediction of $31.543 billion in revenue, the company
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Leading European tech company ASML has given higher guidance for its 2023 outing following a sound Q4 2022 earnings report. Advanced Semiconductor Materials Lithography (ASML) recently posted its Q4 2022 financial report, which beat the earnings forecast for the period. Europe’s largest technology company raked in 6.43 billion euros for the
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Bitcoin is gaining/falling on the news ... Source
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As the world’s largest chip manufacturer, TSMC was positioned to bear the brunt of the slowing demands in general.Taiwanese multinational chip manufacturing giant Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM) has reported an impressive sales record for the 2022 financial year. According to the recent release by the company, its
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The first risk, said Jefferies, is Marathon's expectation of 3.2 EH/s to be plugged into a Compute North facility in Texas. In addition to regulatory delays, there's the issue of Compute North's bankruptcy, and whether Marathon might have to renegotiate terms with the hosting company. The other risk, said the
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