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Energy

“Oil giant Saudi Aramco’s second-quarter profit dips 3% on lower crude production volumes”

“Net income from the first half of the financial year was $56.3 billion, down from $62 billion during the same period last year. Aramco reaffirmed its second-quarter base dividend of $20.3 billion, and declared a performance-linked dividend of $10.8 billion… Continue Reading…

Business

“Stripe reveals it passed $1 trillion in total payment volume in 2023”

“Fintech giant Stripe revealed in its annual letter published Wednesday that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. The milestone, which comes 15 years after the company was founded, offers a glimpse into the financials… Continue Reading…

Stocks

“Robinhood drops 13% after reporting big declines in trading volume and revenue”

“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…

Business

“Visa profit falls 23% as payment volumes plunge”

“The payments processor said total spending decreased 10% on a constant dollar basis, and the number of processed transactions tumbled 13% from a year earlier. Cross-border volume slid 47% as the continuing global pandemic continued to hurt travel demand…” https://finance.yahoo.com/news/visa-profit-falls-23-payment-202056696.html… Continue Reading…

Stocks

“Taronis Technologies stock doubles on massive volume after deciding against reverse stock split”

“Shares of Taronis Technologies Inc. TRNX, +65.56% more than doubled on massive trading volume Thursday, after the fuel generation and water decontamination company said it decided not to pursue a reverse stock split. The stock soared 124% in afternoon trading, but was still… Continue Reading…

Cryptocurrencies, Investing

“P2P Bitcoin Trading Volume in India Explodes Past All-Time High”

“Peer-to-peer Bitcoin trading platform Paxful recently recorded a record for BTC/INR. This past week, 53M INR was traded against BTC on the platform. The spike is a culmination of a clear uptrend since the beginning of this year — but… Continue Reading…

Predictions, Opinions, & Comments, Stocks

High Volume Trading: What’s A Sustainable Level?

I’m starting to invest a fair amount in stocks recently. In doing so I’m starting to notice a bit more lag time in buying and selling stock. This makes me wonder how popular does a stock have to be if… Continue Reading…