With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.It is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions.
Open FlipRoku, Inc. ROKU shares are trading lower on Friday, reversing after gaining late Thursday on first-quarter earnings. The first quarter’s gross profit was $388 million, which is up 15% year over year. Gross margin, however, contracted to 44.1% from 45.6% a year ago. “Looking into the second half of the year, we anticipate normal seasonal spend in Sales & Marketing for Devices."
Open FlipThe shift to electric delivery vehicles by United Parcel Service Inc UPS and FedEx Corp FDX reportedly faces challenges amid U.S. supply uncertainties. These companies are striving to replace their gas-powered vans to align with environmental goals. The transition to electric vehicles (EVs) is crucial for U.S. President Joe Biden’s climate objectives in transportation.
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