Monday, March 27, 2023
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FedEx Pumps Full-Year 2023 Earnings Expectation as Cost-Cutting Measure Improves Financial Performance

FedEx has hiked its 2023 earnings forecast as expenses have started reducing due to the cost-cutting initiative. Transport company FedEx (NYSE: FDX) has increased its expectation for 2023 earnings following the benefits it recorded from its cost-cutting initiative. The company said the cost-cutting measure addressed the continued demand weakness across

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HP Sees Mild Uptick in Pre-Market Despite Recording Mixed Q1 2023 Earnings Performance

Despite its less-than-impressive performance, HP gave a bullish forecast for the current quarter saying it expects its adjusted diluted earnings per share to be in the range of $0.40 to $0.50. American multinational tech giant and computer hardware manufacturer, HP Inc (NYSE: HPQ) has released its Q1 2023 results showing

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ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance

With Ethereum showing resilience through the latest cryptocurrency winter, Consensus founder Joe Lubin says he’s ‘bullish’ over Ether's (ETH) relative stability through compounding macro events. Cointelegraph Magazine editor Andrew Fenton spoke to Lubin at the Web3 event Building Blocks 23 in Tel Aviv, Israel, for an all-encompassing interview around the current

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Polygon Prepares for PoS Chain Hard Fork to Boost Performance, MATIC Price Up 3%

The Polygon ecosystem has grown exponentially in the past year with over 207 million unique addresses, and more than 2.3 billion processed transactions.Polygon (MATIC) network, an Ethereum scaling solution, has announced a hard fork scheduled for January 17 to reduce the severity of gas spikes and address chain reorganizations (reorgs)

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Bitcoin mining ETF tops equity ETF market in new year’s performance charts

With the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting multi-month highs. Apart from the spot market, the equity exchange-traded fund (ETF) market is also dominated by BTC, wherein Valkyrie’s Bitcoin Miners ETF (WGMI) is the leading

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