The price of bitcoin on the CoinDesk USD Bitcoin Price Index has lost its long-time stability, dropping roughly 4% since the day’s open to sit at $595.73. This figure was up from the day’s low of $591.46, but down measurably from its high of $618.42, figures that baffled traders and reddit readers alike. The day’s…
Diageo is the world’s largest spirits maker, and the strength of its portfolio is unmatched. With eight of the world’s top 25 brands and unrivaled global distribution scale, the firm generates robust free cash flows and has a wide economic moat, in our view. With its strong brand portfolio and unmatched distribution scale, the firm…
The National Assembly of Ecuador has effectively banned bitcoin and decentralized digital currencies while establishing guidelines for the creation of a new, state-run currency. With 91 votes in favor of the amendments to the country’s existing monetary and financial laws, the National Assembly approved a bill that now goes to President Rafael Correa for signature….
ConocoPhillips COP reported first-quarter earnings that indicated its shift to higher-margin assets continues at a healthy pace. Specifically, production from the Eagle Ford, Bakken and Permian was 182 mboe/d in the first quarter, a 42% increase over last year. The increase in production for these plays along with increased oil sands production in Canada shifted…
In this Article, let us take a look at two very promising Stock Market scripts in the field of Software: Amazon.com and NQ Mobile. Both the stock have seen growth in the past week. The investors have been happy with the way these two have performed. Let’s take a closer look at what might be…
Following the dogecoin community’s sponsorship of NASCAR driver Josh Wise at Telledega, bitcoin may soon boast its own promotional racer in the iconic US series. Rookie driver Alex Bowman and his team, BK Racing, have announced their involvement in a crowdfunding campaign called ‘Bitcoin23’ that aims to bring a bitcoin-themed car to the NASCAR Sprint…
