Educated blockchain investors take time to understand the top token standards. Token standardization has come a long way since its introduction in 2017. These standards provide a structure that enables developers to innovate without losing interoperability with the network ecosystem. Today, there are token standards that are specific to certain needs and requirements. These purpose-built […]
Category: STO News
AMD Sets Sight on AI Chip Market, Plans to Dethrone Nvidia with New Product
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Advanced Micro Devices (NASDAQ: AMD) introduced a new AI chip, which it claims can rival Nvidia’s (NASDAQ: NVDA) most powerful offering, H100. With this new product, AMD hopes to disrupt Nvidia’s dominance in the […]
FTX’s Next Phase: To Present Updated Reorganization Plan by Mid-December
FTX is preparing to unveil an updated plan for its reorganization by mid-December. This plan, aimed at compensating unsecured creditors, comes amid a surge in activity surrounding the crypto exchange’s bankruptcy proceedings. In a letter addressed to the FTX 2.0 Customer Ad Hoc Committee, the Official Committee of Unsecured Creditors has emphasized the need to […]
C3.ai Shares Continue to Plunge After Terrible Earnings Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Shares of C3.ai (NYSE: AI) fell 11.1% in the Thursday premarket after the enterprise AI service provider unveiled a disappointing quarterly report. Although the AI frenzy continues, the firm posted weaker-than-expected revenue growth in […]
EPS Dips to $0.06 in Methode’s Fiscal 2024 Q2, Short of Expectations
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue and Expectations: Methode Electronics reported net sales of $288.0 million for the second quarter of fiscal 2024, falling slightly short of the expected $290.19 million. Earnings Per Share (EPS): The company’s […]
Binance announces Jito (JTO) listing with Seed Tag and Isolated Margin pairs
Jito (JTO) listing on Binance. Binance adds Jito (JTO) as a borrowable asset in the Isolated Margin category. JTO spot trading is tentatively scheduled to start on December 7, 2023, at 16:00 (UTC). Binance, a leading cryptocurrency exchange, has unveiled plans to list Jito (JTO), the governance token of the Jito network. The announcement brings […]
GOOGL Up 2.6% in Premarket as New AI Model Released to Compete with GPT-4
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Google (NASDAQ: GOOGL) recently announced the launch of its most powerful large language model (LLM) yet, Gemini, several months after OpenAI took the tech sector by storm with its GPT-4 model. In the announcement, […]
Earnings Leap: Ciena Achieves $0.75 EPS, Surpassing Quarterly Forecasts
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Financial Performance: Ciena Corporation (NYSE: CIEN) reported a significant increase in annual revenue, reaching $4.39 billion for fiscal year 2023, a 21% growth compared to the previous year. Quarterly Earnings: For the […]
Dollar General’s Mixed Q3 Results: Net Sales Up by 2.4% But EPS Falls 45.9%
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Net Sales and EPS Performance: Dollar General Corporation (NYSE: DG) reported a 2.4% increase in net sales, reaching $9.7 billion, but experienced a significant 45.9% decrease in diluted earnings per share (EPS), […]
Cutting Through Crypto’s Complexity in Search of the Optimal Trade
As crypto trading seemingly becomes ever more complex, with liquidity and opportunities fragmented across many different chains, CEXs, and DEXs, traders find that the idea of a “perfect trade,” where there is complete insight, control, and predictability over the outcome, is ever more elusive. However, one-stop trading shops, such as cross-chain protocol RocketX, are now […]
