Category: News
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Blackberry Revenue Rises Slightly As The Company Reports Better-Than-Expected Performance
Because of rising demand for its cybersecurity and Internet of Things technology, BlackBerry Ltd (BB.TO) outperformed Wall Street sales projections for the third quarter on Tuesday. BlackBerry Ltd.’s shares rose in late trading after the cybersecurity and Internet of Things company’s (IoT) quarterly results exceeded expectations. As more enterprises and government organizations switch to cloud-based…
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Dollar Rises As Omicron Spreads Widen Amid Expectations Of A Rate Hike
The dollar climbed on Friday as traders fled riskier currencies amid rumors of central bank interest rate hikes and fears about the spread of Omicron infections. Following a succession of central bank policy pronouncements, the dollar index surged 0.7 percent against major currencies, regaining all of the value it had lost on Thursday. Following two…
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Papa John’s Pizza, Coinbase, Etoro, Luno, And Kraken Have All Been Banned From Advertising Cryptocurrency In The United Kingdom
Several cryptocurrency advertisements, including those from Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno, have been banned by the UK Advertising Standards Authority. The advertising is misleading and irresponsibly taking advantage of customers’ inexperience, according to the authority. The UK’s independent advertising body, the Advertising Standards Authority, has knocked down a new series of cryptocurrency-related…
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Consumer Companies Weigh On Blue Chips, While Energy Sectors Lift Shanghai Stocks
On Thursday, China’s main Shanghai stock index rose slightly, but consumer goods companies weighed on blue chips amid concerns over a recurrence of COVID-19 cases, while Chinese IT companies dragged Hong Kong’s Hang Seng lower. The Shanghai Composite index (.SSEC) was up 0.28 percent at 3,657.85 at lunchtime, with energy companies providing support. The CSI300…
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Apple Inc’s Market Capitalization Is Approaching $3 Trillion
On Monday, Apple Inc’s market valuation was just shy of $3 trillion, following a spectacular run over the last decade that has elevated it to the status of the world’s most expensive corporation. On Monday, the company’s shares slid slightly over 2% to settle at $175.74, reversing earlier advances that saw it near the $182.86…