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DISCLAIMER: This content is my personal opinion and is intended for general information purposes only, not financial advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses a considerable risk of loss. The speaker will not be held responsible for any losses or gains. Always do your own research and advise a professional before making your own investments.
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American Airlines (AAL) came out with a quarterly loss of $5.54 per share versus the Zacks Consensus Estimate of a loss of $5.62. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.42%. A quarter ago, it was expected that this world's largest airline would post a loss of $6.75 per share when it actually produced a loss of $7.82, delivering a surprise of -15.85%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
American Airlines, which belongs to the Zacks Transportation - Airline industry, posted revenues of $3.17 billion for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 13.29%. This compares to year-ago revenues of $11.91 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
American Airlines shares have lost about 55.6% since the beginning of the year versus the S&P 500's gain of 6.3%.
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BlockFi to Launch Bitcoin Rewards Visa Credit Card in early 2021
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NEW YORK, December 1, 2020 -- BlockFi, a leading wealth management platform for cryptocurrency investors, today announced that it will be releasing its Bitcoin Rewards Visa Credit Card—the first credit card program to offer cash back rewards in bitcoin—in early 2021.
Additionally, the company today opened waitlist registration for existing and new BlockFi account holders who will have first access to the card at launch.
To support the launch and subsequent rollout, BlockFi has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa and enabling the company to more easily leverage the reach, capabilities, and security that Visa offers. Through Fast Track, BlockFi will enable its Bitcoin Rewards Visa Credit Card users to accrue rewards from purchases at businesses worldwide. The BlockFi Visa credit cards will be issued by Evolve Bank & Trust and powered by Deserve.
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The credit card is designed to serve cryptocurrency holders looking for new ways to add to their assets, as well as people curious about investing in bitcoin who haven’t yet opened a cryptocurrency trading or interest earning account. For the latter, the BlockFi card offers an eas
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Ethereum Can Hit $3,000 In The Next 3 Weeks And Here is Why - My ETH Price Predictions 2021
The number of whale addresses (those holding at least 10,000 ETH (-0.7%)) jumped to a 13-month high of 1,103 on Saturday, according to on-chain data from blockchain analytics firm Glassnode. More than 35 whale addresses have been created this month alone, and 75 since mid-November.
More than $1.5 billion of ETH left exchanges this week.
An analyst explains that it could have gone to DeFi, ETH2.0 staking snapped up by large investment firms.
But his analysis still leaves some mysteries unanswered. Is ethereum going to $3000 my ethereum price prediction target.
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