Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Q1 2020 Earnings Conference Call May 28, 2020 4:30 PM ET Company Participants Myesha Lacy – Vice President of Investor Relations & Corporate Communications Leone Patterson – President & Chief Executive Officer Aaron Osborne – Chief Medical Officer Conference Call Participants Tyler Van Buren – PiperRead More →
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedlyRead More →
President Donald Trump on Thursday signed an executive order ostensibly to prevent online censorship, a broad government review of private companies’ activities with potentially grave consequences for social-media companies. Trump claimed in the order that social-media companies have “unchecked power” to censor and restrict speech, and “we’re fed up withRead More →
Brave, the privacy-centric cryptocurrency-powered web browser has launched in-browser video calls featuring end-to-end encryption. The encrypted video service, dubbed ‘Brave Together’ can be used to make unlimited encrypted video calls featuring two participants. All Brave users can access the feature, with no account sign-ups needed. Brave revealed that video conferencingRead More →
© Reuters. U.S. President Trump hosts Rose Garden event on treating diabetes at the White House during coronavirus disease (COVID-19) outbreak in Washington By Nandita Bose and David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump is expected to order a review of a law that has long protected internetRead More →
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banksRead More →
Introduction The financial sector will undoubtedly be hit hard by the COVID-19 outbreak and I have been trying to look for banks that are trading cheap and could be added to a long-term portfolio. Canadian banks have had to deal with several problems that surfaced at the same time: COVID-19,Read More →
Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class. Materials from an investor call on May 27 revealed that the United States’ fifth-largest bank is dismissive of the largest cryptocurrency. Goldman wheels out legacy BitcoinRead More →
Premier League clubs have agreed to start contact training as preparations intensify for the resumption of English football. As part of ‘Project Restart,’ players and staff are being tested for coronavirus twice a week, with those testing positive forced to self-isolate for seven days. Earlier this week the Premier LeagueRead More →
Popular demand for cryptocurrency has prompted Australia’s leading micro-investing platform Raiz (formerly Acorns) to add a bitcoin investment option. Individual investors can round up their spare change and regularly invest in a bitcoin investment portfolio. Leading Australian Micro-Investing App Now Offers Bitcoin Exposure Australia’s leading micro-investing platform Raiz announced onRead More →
2/2 © Reuters. A man wearing protective face mask walks in front of a stock quotation board outside a brokerage in Tokyo 2/2 By Marc Jones LONDON (Reuters) – European shares rose for the fourth straight session on Thursday and the euro perched at a two-month high, as businesses returningRead More →
Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving. According to data published by independent crypto researcher Kevin Rooke, Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since theRead More →
Elevator Pitch Essent Group Ltd. (ESNT) is a private mortgage insurer boasting a net margin and ROE that are some of the best in the industry, yet its P/E of 5.58 and Fwd P/E of 6.47 are 7.3% and 11.5% below the industry median. Most of its valuation multiples areRead More →
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with immediate cash settlement,Read More →
Mark Zuckerberg called out his social-media rival on Wednesday, saying Twitter Inc. should not be fact-checking President Donald Trump — or anybody. During a clip from an interview on Fox News’s “The Daily Briefing,” which will be aired in full Thursday, the Facebook Inc. FB, -1.31% co-founder and chief executiveRead More →
The Kleiman estate’s legal team has entered into evidence this week’s revelation that 145 addresses claimed by Craig Wright are not controlled by him. They filed a notice of supplementary evidence supporting their motion for sanctions against Wright earlier this morning, adding to their laundry list of complaints against theRead More →
© Reuters. Tokyo Motor Show 2019 By Naomi Tajitsu TOKYO (Reuters) – Nissan (OTC:) Motor Co (T:) will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annualRead More →
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned Zhan two times not to intervene with employees. LastRead More →
Mohawk Industries (NYSE:MHK) was already in some unstable ground before COVID-19. Particularly, 2018 and 2019 were tough years for the business and industry. Gross profit margins have been falling. Mohawk reached its highest gross margins of 32.1% in 2017. Today, they are down almost 5% to 27.8%. Since Mohawk isRead More →
As if getting divorced isn’t stressful enough, trying to do so during a pandemic may seem overwhelming. With normal routines disrupted, jobs and income lost, stock markets fluctuating, and real estate markets uncertain, it may seem nearly impossible to move forward once a decision to divorce has been reached. SoRead More →
The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term. Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shortsRead More →
© Reuters. FILE PHOTO: Polo by Ralph Lauren store logo is seen on a shopping center at the outlet village Belaya Dacha outside Moscow (Reuters) – Ralph Lauren Corp (NYSE:) said on Wednesday a surge in online shopping was helping it get back on track in China and putting itRead More →
According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve months.Read More →
We first wrote about Rocket Pharmaceuticals (RCKT) in September 2019 (see report here) so we figured it was time for an update. Additionally, this year is a big year for RP-A501, an AAV9 gene therapy for Danon Disease that has billion dollar plus revenue potential. So we figured it isRead More →
Mining equipment producer Bitmain has issued two concurrent statements regarding its disgraced co-founder Micree Zhan, confirming his ousting in October. The statements were posted on Bitmain’s Weibo page on May 27, both of them reiterating that Micree Zhan, the company’s former chairman and legal representative, was removed from his positionRead More →
