Posts From Richard W

Richard W

Richard W

Richard is the guy who know everything there is about the financial industry, working in a top firm for over 15 years, he will give the lowdown on some of the biggest companies in the world

Trump Signs Executive Order Targeting Twitter

  Twitter, Inc. (NYSE: TWTR) is facing the heat of the White House as US President Donald Trump is on course to sign an executive order focused on social media firms, after Twitter started fact-checking tweets, including the ones from

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Solve.Care Unveile Blockchain Telemedicine Platform

  The cryptocurrency market remains range-bound with slight bullish bias. However, Bitcoin (BTC) is still struggling to cross above $10,000 level. In fact, it is now struggling to stay above $9,000. At the time of writing this article, Bitcoin was

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Walmart Beats on Q1 Earnings as Online Sales Surge 74%

  Walmart Inc (NYSE: WMT) reported a profit for its fiscal 2021 first-quarter that rose from the comparable period last year. Both earnings and revenue surpassed analysts’ estimates. Even same-store sales were far higher than the Street view. The retail

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US Producer Price Index Declines to 11-yr Low

  The greenback fell against the pound yesterday after the release of worse-than-anticipated producer price index data. The pound’s gain was also fueled by a series of better-than-anticipated economic data from the UK, even though none of them are on

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Austria to Use Blockchain for Identifying Unused Heat Spots

  The cryptocurrency market has turned bullish with Bitcoin (BTC) staying firmly above $9,000 level. In the past 24 hours, Bitcoin has gained 4.4% to trade at $9,304. Ether (ETH) has gained 4.3% to trade at $198.54. XRP has gained

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Bristol-Myers Beats Q1 Estimates, Reaffirms FY20 Profit View

  Biopharmaceutical company Bristol-Myers Squibb Co (NYSE: BMY) swung to a GAAP loss in the first quarter of fiscal 2020. However, the company’s adjusted earnings and revenues surpassed Wall Street estimates. Bristol-Myers also reconfirmed its yearly adjusted profit outlook. The

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Nasdaq & R3 to Aid Creation of Institutional Class Digital Assets

  The cryptocurrency market continues to remain bullish, with Bitcoin (BTC) hovering around $9,000 levels. At the time of writing this article, Bitcoin was trading at $8,861.40, an increase of 1.3% in the past 24 hours. Ether (ETH) has gained

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3M Beats on Q1 Earnings, Cost Cutting to Save $400mln in Q2

  Health care and consumer goods company 3M Co (NYSE: MMM) reported better-than-anticipated first-quarter earnings, while withdrawing its previously issued FY 2020 profit outlook and slashing its capital expenditure plans amid the uncertainty caused by the Covid-19 outbreak. The stock

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Turkish Central Bank Announces Deep Rate Cut of 100bps

  The Turkish Lira lost ground against the greenback after the country’s central bank slashed its benchmark interest rate by a deep 100 basis points to negate the negative impact on the economy from the COVID-19 outbreak. In the past

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P&G Beats Q3 Estimates, Slashes Revenue Outlook

  Procter & Gamble Co (NYSE: PG) reported its fiscal 2020 third-quarter results that beat estimates as US sales soared due to stockpiling of staples such as Bounty towels and Charmin toilet paper by consumers to avoid shortage while staying

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