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Fidelity National Information Services, Inc. is set to report third-quarter 2022 results on Nov 3, before the opening bell. Fidelity National is likely to have continued benefiting from the digital transformation of the global economy in the third quarter. Rising investments in mobile banking and product expansion are also expected to have played a major role in boosting the company’s performance. FIS’s investments in technology and innovation across high-growth markets are anticipated to have helped expand its total addressable market in the quarter.
Bitcoin is extremely volatile and high risk. It's certainly not a good idea to invest all of your savings in cryptocurrency. If you are willing to take the risk, first make sure you understand what you are investing in and have a crypto investment strategy.
Bill.com is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 3rd. Analysts expect Bill.com to post earnings of $0.06 per share for the quarter.
Shopify might have gotten beaten down this year. It reported a narrower-than-expected loss for the third quarter
Marathon Digital Holdings currently has a debt-to-equity ratio of 116%. Generally, the rule of thumb is debt shouldn’t exceed 40% of your equity, which in this case, the company has significantly overshot. Higher debt obligation increases the risk in investing in the loss-making company.
Global Payments Inc. on Monday reported third-quarter earnings of $290.5 million. The company said it had profit of $1.05 per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.48 per share.
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away.
Shopify jumped on its earnings report last week. The weak guidance from Amazon indicates that Shopify is still taking market share from its larger rival, and that Buy with Prime is unlikely to be a serious threat to Shopify as Amazon is preparing for near-stagnant growth in its e-commerce division in the fourth quarter.
Argo Blockchain's said a deal to raise 24 million British pounds (US$27 million) from a strategic investor has fallen through, sending the bitcoin mining company's shares tumbling as much as 72%.
The London-based firm, which earlier this month signed a letter of intent to sell 87 million shares to the investor as it looked to ease liquidity pressures, didn't say why the agreement had been called off. It is working to secure other deals to provide working capital for the next 12 months.
https://www.coindesk.com/business/2022/10/31/bitcoin-miner-argos-27m-fundraise-falls-through-shares-plunge/
The market expects Shift4 Payments to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2022. It's a powerful factor that might influence its near-term stock price.
Global Payments Inc. today announced results for the third quarter ended September 30, 2022. Full release can be viewed here https://www.businesswire.com/news/home/20221031005242/en/
Argo Blockchain shares collapsed as planned fundraising falls through. It's shares fell after it said that it no longer expects to carry out a share subscription with a strategic investor, and warned it would need to complete further financing to avoid curtailing or ceasing operations.
Meta spending is slamming Facebook stock
The Company announced that the number of e-commerce transactions that the Company processed increased 840% in Q2 over Q1. The increase in transactions lead to a significant increase in revenue in Q2 over Q1.
Last week, Fiserv, Inc. (NASDAQ:FISV) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 4.0% last week, resulting in a US$2.4b increase in the company's market worth. As a result, their original purchase of US$3.7m worth of stock is now worth US$3.7m.
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Fiserv Inc. reported an increase in earnings but fell short expectations for its profit growth in the third quarter.
TOST announced that it will release financial results for the third quarter ended September 30, 2022 following the close of the U.S. markets on Thursday, November 10, 2022.The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website https://investors.toasttab.com.
Stronghold Digital Mining went public in October 2021, raising approximately $127 million in an IPO. The company operates power plants and provides Bitcoin mining services. SDIG has recently restructured its debt and expects to shift its focus to selling power to a greater degree while selling some of its Bitcoin mining fleet.
Management has done well to restructure the company's debt load, but I'm on Hold for SDIG until we see the results of its shift to power sales.
Gross merchandise volume, or the total value of merchandise sold on the platform, rose 11% to $46.2 billion in the third quarter. The company said the strong U.S. dollar weighed on Q3 revenue.
Global Payments (GPN) Earnings Expected to Grow. The stock might move higher if the key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On the other hand, if they miss, the stock may move lower.
RIOT gains as market dips. Investors will be hoping for strength from Riot Blockchain, Inc. as it approaches its next earnings release.
One clear argument against Shopify's stock is that the company may have saturated its market. The necessary response to the pandemic ensured that far fewer companies now don't have an online presence, potentially limiting growth right now. This scarcity of clients means any new gains are likely from start-ups or from businesses transitioning from another platform. Future growth will likely have to focus more on expansion from existing customers.
Shift4 launched its initial public offering in June 2020 with shares priced at 23. In 2022, FOUR stock has retreated 17% amid the bear stock market. Further, Starlink is only one part of Shift4's strategy to expand into new markets. Shift4 gets most of its revenue from customers in the hotel and restaurant industries as well as casinos. It has expanded into sports stadiums, airlines and charitable giving as well as food and beverage companies.
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Usio collaborated with Mastercard to distribute prepaid cards issued by the New York City Economic Development Corp. This was part of a New York City COVID-19 campaign geared toward helping boost recovery as the city emerged from the pandemic.
Sphere 3D Corp. Restructures Miner Equipment Contract with BitFuFu
Global Payments has a very large market capitalization of US$31.5b, so it could very likely raise cash to ameliorate its balance sheet, if the need arose. But we definitely want to keep our eyes open to indications that its debt is bringing too much risk.
It has good value based on P/S ratio and estimated fair value.
Canaan has been rated as one of the best performing cryptocurrency mining stocks in recent months, with the fewest losses during this bear market. A strong quarterly earnings report in the second quarter of 2022, combined with its expertise in ASIC chips and being one of the first to market with bitcoin mining technology, gives it an advantage.
Hut 8 Mining is one of the world’s largest cryptocurrency mining companies. According to a company press release, the company has outstanding ESG Performance when compared to its peers and reported strong quarterly revenue of $53.3 million in the first quarter of 2022.
Bitfarms, founded in 2017, now employs 50,000 miners across nine farms in four countries. The farms are powered by low-cost hydroelectric energy, which gives the company an advantage in an industry that has been chastised for its lack of sustainability. Its proprietary software and innovative management team promise global expansion, making it one of the best bitcoin mining stocks to invest in today. Bitfarms were also one of the best performing mining stocks in 2022, with the smallest declines.
MA stands as one of the best blockchain stocks to buy for astute investors because of its undervalued profile.
Hive aims to bridge the gap between blockchain/cryptos to traditional capital markets. Per its website, the company uses 100% green energy to mine digital assets.
Argo is best left for those wanting to swing for the fences. ARBK represents a high-risk, high-reward opportunity.
Shopify stock has had another tough month, declining by about 23% since mid-September (about 21 trading days) compared to the S&P 500 which remains down by about 8% over the same period.
PayPal and all others need to stay out of the social credit business. The online financial transfer company attempted to slip past its users terms that would have allowed it to fine them as much as $2,500 for "the sending, posting, or publication of any messages, content, or materials” which “promote misinformation.” Although this would have supposedly been limited to conduct in the use of its own app, it never seems to work this way on other social media platforms.
Argo Blockchain shares have tanked. ARBKF shares were a popular investment when growth stocks were in favor during the pandemic. Many investors viewed the shares as a way to capitalize on the explosive rise of Bitcoin.
Unfortunately though, the crypto miner has produced disappointing investment returns lately.
Tesla is headed into earnings at its weakest. Tesla stock is as weak as it has ever been headed into earnings season—and that makes predicting the reaction to the auto maker’s third-quarter results on Wednesday difficult. Only one thing seems certain. Investors should brace for volatility.
Bitcoin Is ‘Wound Up’ The Picture Could Turn Bullish If Prices Rise a Little Further. Bitcoin BTCUSD +0.10% and other cryptocurrencies were rising in tandem with the stock market on Tuesday as risk appetite increased. Analysts have been eyeing a key level for Bitcoin that if crossed could spur a significant move higher.
Company let go of additional workers as the software maker’s revenue is expected to slow, thanks to weaker sales of Windows licenses for PCs.
Amazon and its investors would welcome greater economic stability in Europe. Many market forecaster have warned that Europe's economy could fall into a deep and prolonged recession due in part to Russia's war with Ukraine and surging inflation. Amazon has a leading e-commerce presence in the U.K. and other European markets, so it stands to benefit if these countries can avoid that dire scenario.