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Nalezeno "q3 earnings": 432

Largest US Banks Expect Billions in Loan Losses, Profits Plunge


Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...

66,000 Spanish Crypto Traders Warned to Pay Tax on their Earnings


Source: Adobe/Hugh O'Neill Either more Spanish citizens than ever before traded in cryptoassets in the past financial year or the country’s tax authorities have become more adept at monitoring citizens’ crypto-related activities. That appears to be the takeaway after Spanish tax authorities said...

How to Navigate the Minefield of Cryptocurrency Taxation


National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed...

First-Time Bitcoin Buyers ‘Doubled’ in Square’s Q3 Report


Square processed $148 million in bitcoin sales in the third quarter of 2019. The payments company, founded by Twitter co-founder Jack Dorsey, released its earnings results on Wednesday, reporting revenues of $1.27 billion between July 1 and Sept. 30 of this year. Though Square’s crypto business...

7 things you should know when getting started with Serverless APIs


I want you to take a second and think about Twitter, and think about it in terms of scale. Twitter has 326 million users. Collectively, we create ~6,000 tweets every second. Every minute, that’s 360,000 tweets created. That sums up to nearly 200 billion tweets a year. Now, what if the creators...

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