Wednesday, October 28, 2020
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BP Releases Profitable Q3 Results, Exceeds Analysts Expectations

Energy company BP has reported $0.1 billion in underlying replacement cost profit, surpassing analysts’ expectations of $347 million loss in Q3.Energy company BP Plc (LON:BP) has exceeded analysts’ expectations as it reported profits for the third-quarter (Q3). The earnings result, which was released on October 27th, showed that the company

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China Central Bank Official Reveals Results of First Digital Yuan Pilots

An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities.Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300 consumer digital wallets and 8,859

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Thirst Traps Explode on NFT Platforms, With Predictably Controversial Results

Sexy selfies and feminist GIFs are selling like hotcakes on non-fungible token (NFT) markets, but not everyone is thrilled about this trend.  Blockade Games co-founder Marguerite deCourcelle, who sold more than $160,000 worth of NFTs before the NFT craze really kicked off in August 2020, launched a cypherpunk self-portrait NFT in

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Intel (INTC) Stock Tanks 12% Despite Good Q2 Results Due to Delay in Launching New Chips

Intel discovered a flaw in the manufacturing of its 7-nm chips that resulted in low-yield output. INTC stock is down.On Thursday, July 23, computing chip giant Intel Corporation (NASDAQ: INTC) announced its Q2 2020 results beating street estimates. Intel reported earnings of $1.23 per share against the expected $1.11 per

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