Uber Technologies narrowed its losses in the fourth quarter, as food delivery business strengthened. The ride-hailing company’s net loss per share attributable to holders came in at- 54 cents, compared to -64 cents a year earlier. Analysts polled by FactSet had anticipated a loss of -53 cents a share. Revenue for the quarter was $3.17 billion, lower than $3.75 billion a year earlier. Analysts...

Let’s examine several of the companies and how they operate. SALT SALT touts itself as “the first asset-backed lending platform to give blockchain asset holders access to liquidity without them having to sell their tokens.” Borrowers use SALT tokens, which have a $25 set value, as collateral for cash loans.These tokens cover membership fees and also set borrowing limits – one SALT token establishes a $10,000 limit, while 100 SALT as collateral allows asset holders to borrow over $1,000,000.

That last bit is key, because advances in technology – particularly AI – are fundamentally changing how data scientists and statisticians process and analyze data. So, where do data scientists work?Data is king. There is another way people can make money as data scientists – using data analysis to invent your own ideas, strategies, and insights.

Just a couple of years ago, Robinhood was a company poised to disrupt the brokerage world with commission-free trades focused on the needs and wants of everyday retail traders. The company believed it could target millennials and younger generations and sweep market share away from competitors like eTrade, Schwab, TD Ameritrade, and others. And for a good stretch of time, the plan worked. But...

Dogecoin was created in 2013 as an homage to Bitcoin, with a goal to make crypto traders chuckle. The coin was presented with an internet meme of a Shiba Inu dog who couldn't spell (hence "doge" instead of "dog"). It's price barely ever moved. But now the internet is going crazy over dogecoin, and even though it only trades for $.07 a coin, its market capitalization is still around $9 billion...

The pandemic adversely impacted sales of most non-digital goods and services, other than staples like groceries and toilet paper. Diamonds and other luxury goods were among the categories that took a significant hit during the downturn. But the sparkle in diamond prices may be back. Prices of polished diamonds are at their highest level in over a year, and are up 5.1% from their low point in...

Coca-Cola reported fourth quarter earnings that came in higher than expected. The beverage giant’s earnings for the quarter were or 34 cents a share, compared to 47 cents per share a year earlier. Excluding nonrecurring items, adjusted earnings per share rose to 47 cents from 44 cents, surpassing the FactSet consensus of 42 cents. Revenue fell -5% year-over-year to $8.61 billion, just above...

These smart products gather raw data for companies to store, analyze, and use, and then the raw data takes on exponentially greater value as more and more companies find increasingly efficient and intelligent ways to mine and interpret it.Blockchain may change this outcome. A big advantage The world’s largest companies (like Facebook, Netflix, Google, and Apple in the US and Alibaba, Baidu, and Tencent in China) have a significant advantage in the race to accumulate data because of their size – they have the vast reach, and by extension the capital, to collect, store, and analyze the massive amounts of information they gather.

U.S. consumer prices increased moderately in January. On Wednesday, the Labor Department released data that showed consumer price index rose +0.3% in January, following a +0.4% increase in December. In the 12 months through January, the index rose +1.4% after a similar rise in December. Economists polled by Reuters had forecast the CPI rising +0.3% month-over-month, and +1.5% year-on-year...

Lyft reported revenue for the fourth quarter that exceeded analysts’ expectations. The ride-hailing company’s fourth-quarter revenue came in at $569.9 million, compared to $1 billion in the same period a year ago. Analysts polled by Factset expected revenue of $560.3 million. The company incurred a loss of -$150 million in adjusted earnings before interest, taxes, depreciation and...

Following Twitter’s Q4 earnings beat, several analysts boosted their one-year price targets on the microblogging platform’s shares. KeyBanc analyst Justin Patterson boosted his price target to a Wall Street-high of $80 from $65, as he perceived the Q4 results as a “full swing” recovery in Twitter’s advertising and continued success in strengthening audience engagement and advertisers...

Twitter reported fourth quarter earnings that crushed analysts’ expectations. Despite missing estimates for audience growth, the microblogging website experienced solid year-over-year increase in revenue. The company’s earnings came in at 27 cents per share, up from 15 cents per share a year ago. Excluding items, Twitter earned 38 cents per share. Analysts polled by FactSet on average...

Cisco Systems posted second quarter earnings that beat analysts' expectations. The networking software/hardware maker’s adjusted earnings came in at 79 cents a share, compared to analysts’ expectations of 76 cents. Revenue of $11.96 billion also surpassed the FactSet consensus of $11.92 billion. For the current quarter, the firm is projecting earnings of 80 cents to 82 cents a share, and...

Video game company Electronic Arts said it is acquiring Glu Mobile for $12.50 a share in cash, or $2.4 billion. The deal is expected to expand the company’s mobile-games business. If the deal is completed, the combined companies will have a portfolio including more than 15 live services with a combined $1.32 billion in bookings over the past 12 months, EA said. The combined organization will...

Bitcoin may be a digital cryptocurrency, but keeping them secure extends into the physical world using a technique called cold storage.Choose Your Tool Several tools exist for making a paper wallet – I am using https://bitcoinpaperwallet.com/ (one of the most popular) in this tutorial.

The Chairman of the Securities and Exchange Commission, Jay Clayton, made a public statement on the SEC’s website that leveled some cautionary words for the cryptocurrency markets.His warnings mainly focused on initial coin offerings (ICOs) and “tales of fortunes” that are luring investors into the market, with his concern particularly on those who cannot necessarily afford to take speculative risks. Mr.

Coty posted sales that were below expectations. It adjusted earnings, however, beat estimates. The beauty company’s adjusted net income came in 17 cents a share, for its fiscal second quarter ended Dec. 31, vs. 27 cents a share, in the year-ago quarter. Analysts polled by FactSet had expected per-share earnings of 7 cents. Excluding adjustments, the company had a loss of -36 cents a share vs...

On Tuesday, Canadian cannabis company Canopy Growth reported fiscal third-quarter revenue that surpassed analysts’ expectations. However, the company incurred a loss during the period. The company’s revenue grew +23% year-over-year to a record-setting $152.5 million in the three months ending Dec. 31, 2020. Canopy Growth’s fiscal third-quarter net loss came in at -C$829 million (-US$651.1...

Bitcoin climbed to a new high on Tuesday, as it edged past $48,000 for the first time. This followed the disclosure of Tesla’s $1.5 billion investment in the cryptocurrency. On Monday, Tesla said it would begin accepting bitcoin as a form of payment for its electric cars. The SEC filing mentioned that Tesla had purchased $1.5 billion of the cryptocurrency. Following Tesla's announcement...

The CEO of Coinbase (which is arguably the world’s most popular exchange for buying and selling bitcoin) came clean to the investment world last week with some candid, but hardly reassuring, statements about his cryptocurrency exchange. In a Medium post, the CEO, Brian Armstrong, made the following statement: “We wanted to remind customers that access to Coinbase services may become degraded or unavailable during times of significant volatility or volume…This could result in the inability to buy or sell for periods of time.While the honesty from Mr. Armstrong is certainly appreciated, the reality of liquidity problems is a major issue. Some assets can exist perfectly fine in illiquid markets, like fine art or real estate.