Tesla or Solar City May Enter Super Clean Bitcoin Mining, Tesla Will Stop Accepting BTC Payments
7 hours ago by Benjamin Godfrey · 3 min read Share this article
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Anthony Scaramucci said he’s willing to wager 500K Satoshis that, within a year, Tesla or Solar City will announce its entry into “super clean” bitcoin mining.
The electric automaker, Tesla Inc (NASDAQ: TSLA) steered a new milestone in the cryptocurrency ecosystem back in February when it invested $1.5 billion in Bitcoin (BTC). The company, led by Elon Musk created a new utility for the first digital currency when it declared it has started accepting the cryptocurrency as payments for its cars back in March. While Tesla’s dive into Bitcoin gave the digital currency a massive face-lift, the company has announced it will stop accepting Bitcoin payments for its products. The reason cited for this move is that cryptocurrency consumes a lot of energy in the pr
U.S. stock markets recover from recent losses, Nasdaq adds 93 points
Lola Evans
U.S. stocks rebounded on Thursday after two days of relentless losses.
The buying surge came despite data showing U.S. Producer Prices rose by more than expected, while unemployment claims came in lower than forecast. In the week ending May 8, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 34,000 from the previous week.
NEW YORK, New York - U.S. stocks rebounded on Thursday after two days of relentless losses.
The buying surge came despite data showing U.S. Producer Prices rose by more than expected, while unemployment claims came in lower than forecast.
U.S.stocks rebound, Dow Jones jumps 434 points
NEW YORK, New York - U.S. stocks rebounded on Thursday after two days of relentless losses.
The buying surge came despite data showing U.S. Producer Prices rose by more than expected, while unemployment claims came in lower than forecast. In the week ending May 8, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 34,000 from the previous week s revised level, the U.S. Department of Labor said in a statement released on Thursday. This is the lowest level for initial claims since March 14, 2020, when it was 256,000. The previous week s level was revised up by 9,000 from 498,000 to 507,000. The 4-week moving average was 534,000, a decrease of 28,250 from the previous week s revised average. This is the lowest level for this average since March 14, 2020, when it was 225,500. The previous week s average was revised up by 2,250 from 560,000 to 562,250, the statement said.
Amtech Reports Q2 Fiscal 2021 Results
Amtech Systems, Inc., a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power devices, analog and discrete devices, electronic assemblies and light-emitting diodes (LEDs), reported results for its second quarter ended March 31, 2021.
Second Quarter Fiscal 2021 Financial and Operational Highlights:
Net revenue of $19.8 million
Operating income of $0.2 million
Loss from continuing operations, net of tax, of $0.2 million
Loss per diluted share of $0.02
Customer orders of $32.5 million
March 31, 2021 backlog of $26.5 million
Book to bill ratio of 1.6:1
Unrestricted cash of $40.4 million
Dialog Consolidates Performance in Q1 2021
May, 12, 2021
Rs2.8Bn in Direct Taxes, Fees and Levies to GoSL: (Further Rs3.5Bn in Indirect Taxes)
Capex Investments of Rs2.4Bn during the Quarter. OFCF Improved to Rs10.4Bn for Q1 2021
Dialog Axiata PLC announced, Tuesday 11th May 2021, its consolidated financial results for the three months ended 31st March 2021. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).
All key business segments, namely, Mobile, Fixed Line, Digital Pay Television, International and Tele infrastructure businesses positively contributed to record a consolidated Revenue of Rs32.9Bn for Q1 2021, demonstrating a strong growth of 12% Year-on-Year (“YoY”) and 2% Quarter-on-Quarter (“QoQ”). Underpinned by Revenue growth, Group Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) grew 12% YoY albeit declining 5% QoQ to record at Rs13.7Bn for Q1 2021. The EBITDA ma