Increased investments and a higher projected tax bill lead to softer-than-anticipated outlook, but robust underlying demand should still drive substantially higher profits for Thorne HealthTech (THRN) in 2023 and beyond. getty Thorne HealthTech (THRN) reported Q4 results last night. While net sales and adjusted earnings for the period of $63.0 million and 13 cents per…
Bitcoin The surge of the largest cryptocurrency in the market, Bitcoin (BTC), has caught the attention of investors and analysts, with many drawing parallels to BTC’s performance in Q1 2021. While the similarities are striking, some experts caution against assuming that history may repeat itself. According to the market watcher Maartunn, Bitcoin’s current price action…
Legal The U.S. Securities and Exchange Commission has specifically targeted several Ethereum-based altcoins on Coinbase before sending today’s Wells Notice to the leading crypto exchange. Back in June, in its insider trading case against a former Coinbase employee, the SEC called out nine crypto assets that it believes are securities – and six of those…
Analytics The failure of Silicon Valley Bank seems to have unraveled a range of financial difficulties within the US banking sector. That the rising interest rates made matters worse for many banks is sufficiently established by now. But the larger question is whether the banks could survive a bank run? The Silicon Valley Bank customers…