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Aug 28, 2021 1:57 AM - Davit Kirakosyan
Bitcoin price is trading above $50,000 for the first time since May 15, after several months of heavy fluctuations. Bitcoin prices saw an increase from the start of the year driven mainly by retail investors’ enthusiasm, who were placing bets on the positive effect of more U.S. stimulus spending on bitcoin prices.
Bitcoin hit its all-time high in April, reaching $65,000, but plunging to $28,800 in June driven by China’s escalation of its crackdown on cryptos and Tesla’s announcement, according to which it won’t accept bitcoin as payment for its electric vehicles.
Prices started to climb again last month after several big companies signaled their support of cryptocurrencies.
Below we have outlined several major drivers for the surge in bitcoin prices:
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...