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Month: May 2022

digital

Nvidia hid how many GPUs it was selling to cryptocurrency miners, says SEC

Enlarge (credit: Getty Images) Nvidia has agreed to pay $5.5 million in fines to the United States Securities and Exchange Commission to settle charges that it failed to disclose how many of its GPUs were Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Expect a More Personalized Target Experience Very Soon

More premier beauty in-store is coming too. Big box retailer Target  (TGT) – Get Target Corporation Report has had many wins under the leadership of Chief Executive Brian Cornell, who joined the company in July 2014 Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Nvidia to Pay $5.5M to Settle SEC Charges on Cryptomining Disclosure

‘Nvidia’s disclosure failures deprived investors of critical information to evaluate the company’s business in a key market,’ an SEC official said. While demand for semiconductors continues to far outpace supply, Nvidia, one of the most prominent Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Weekly Economic & Financial Commentary: ‘Til the Medicine Takes

Summary United States: ‘Til the Medicine Takes The latest economic data suggest supply challenges worsened in April. Delivery times lengthened, and while employers continued to add jobs at a solid pace, the supply of labor Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

NFP Headline Beats Expectations; Confirms Fed’s View that Labor Markets are Tight

US Non-Farm Payrolls showed that economy added 428,000 jobs in April, matching March’s revised print and beating average estimates of 391,000.  In addition, the report showed that the Unemployment rate was unchanged at 3.6% vs Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Bitcoin Falls Under $36,000 as Market Shudders

Bitcoin prices are falling as the cryptocurrency and the tech-heavy Nasdaq displays a higher correlation than expected. Bitcoin continued to see red Friday as cryptocurrencies were dragged down by a stock market selloff that saw Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Forward Guidance: U.S. Inflation Growth Likely Eased in April But Pressure Still Broad

Torrid growth in the U.S. inflation rate likely slowed in April. This would mark the first decline in almost a year and come on the heels of price growth that soared to 8.5% year-over-year in Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Week Ahead – US Inflation Might Peak, Will the Dollar Follow?

The Fed signaled that it will avoid shock-and-awe rate increases, putting more emphasis on avoiding a recession rather than vanquishing inflation. Another round of US inflation data is on tap next week and the Fed Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Weekly Focus – Hiking Season

We saw significant market jitters this week with VIX volatility starting off at a two month high. The lack of a hawkish message from the Federal Reserve (Fed) turned things around for a while only Read more…

By , 4 years ago May 6, 2022
Cryptocurrencies

Sunset Market Commentary

Markets ECB’s Holzmann suggesting a June rate hike is an actual possibility during an interview yesterday evening broke the ice. The influential French ECB governor Villeroy in a speech this morning didn’t want to “preclude Read more…

By , 4 years ago May 6, 2022

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