Here we take a close look at two upcoming Biotech Stocks which have dominated majority of the news in the Biotech Segment. Xtandi could very well be a game-changer for Medivation. Vivus posted extremely postive results off late but there are reasons to worry if you are an investor of Vivus. Let’s take a closer look at the three stocks. Medivation gained 8.5% even though … Continue reading Active Biotech Stocks: Medivation & Vivus
Here we take a look at three stocks which have dominated much of the news in the Gaming Segment recently: Sony Corporation, Electronic Arts Inc & Microsoft Corporation. Sony Corporation (NYSE SNE) learns lesson from its past mistakes about pricing the latest video games while Microsoft Corporation (NASDAQ MSFT) is still not concentrating upon the fact. This Monday companies announced in Los Angeles at an … Continue reading Software Stocks in News: Sony Corporation, Electronic Arts Inc & Microsoft Corporation
This week, Latvia’s national airline, airBaltic, confirmed that it is now accepting bitcoin, and that in doing so, it became the first airline that accepts bitcoin directly, rather than through a third party. By becoming the first airline to accept bitcoin, airBaltic has surely stolen a march on everybody else.
This is a positive move for those that want bitcoin to evolve into a mainstream currency that can be used for the purchase of everyday goods and utilities, and it could lead competitors to also offer a bitcoin payment option.
The immediate knock-on effect could be that Expedia will start accepting bitcoin for flight bookings, in addition to hotel bookings that you can already make with the cryptocurrency.
The Airline airBatic has become the first Airline to allow Bitcoin as a mode of payment. However, airBatic is charging a transaction fee for any payment made through Bitcoin. A processing and handling fee typically is meant to cover costs from processing the payment. So, where in this case there is practically none, it is not clear why this expense still applies.
Surely, the handling of the booking itself would already be accounted for in its salaries and expenses, as this is the main purpose and reason for the business’s existence, so it would seem pretty odd not to have this factored into its costs already. There is no transaction fee when using an airBaltic card, for example, which demonstrates that the main purpose of these fees are deterrents, aimed to encourage customers to avoid other payment methods and to take advantage of the benefits of being an airBaltic cardholder.
Watch this video for more “News on Bitcoin”.
Apple Inc. (NASDAQ AAPL) released its third quarter earnings this afternoon, after the market closed on Wall Street. The Cupertino company showed earnings of $1.28 per share for the three month period on revenue totaling $37.43 billion. On today’s market shares in the iPhone maker performed well on a good day for tech companies and finished the day up at $94.79. In the run up … Continue reading Active Stock Update: Apple Inc (NASDAQ AAPL) Posts Good Q3 Earnings
Google Inc (NASDAQ GOOG) acquired drawElements, a Finnish 3D graphics firm to improve its Android mobile operating system, which is one of the key focus of the search engine giant. drawElements specializes in analyzing and assessing mobile 3D graphics. Technology observers are speculating that Google will probably utilize drawElements for device standardization. Android operating system dominates the smartphone industry. Approximately 78% of the smartphones was … Continue reading Stock Update: Google Inc (NASDAQ GOOG) Buys 3D Graphics Firm drawElements
Owing to strong advertising gains, Facebook Inc (NASDAQ FB) has posted earnings per share of $0.42 on revenue of $2.91 billion excluding one-time items. After an initial decline following the results, Facebook Inc (NASDAQ FB) is presently trading at $74.07 up $2.78 or 3.91% in extended trading. Prior to the earnings call the company was up $2.02 on the day closing at $71.29 for a … Continue reading Top Stock News: Facebook Inc (NASDAQ FB) Records New High As Earning Beats Expectation
