BTCS Inc
Change company Symbol lookup
Select an option...
BTCS BTCS Inc
IRDM Iridium Communications Inc
WDS Woodside Energy Group Ltd
MOS Mosaic Co
FRC-H First Republic Bank
VYM Vanguard High Dividend Yield Index Fund ETF Shares
SMBC Southern Missouri Bancorp Inc
ALG Alamo Group Inc
AFFCF American Future Fuel Corp
TDS-U Telephone and Data Systems Inc
Go

Information Technology : Software | Small Cap Value
Company profile

BTCS Inc. is focused on blockchain and digital currency ecosystems. The Company through, its blockchain-infrastructure operations, secures disruptive blockchains and operates validator nodes on various proof of stake-based blockchain networks. Its Blockchain infrastructure operations are defined as earning a reward for securing a blockchain by validating transactions on that blockchain. There are two consensus mechanisms used to secure blockchains, such as proof-of-work (PoW), in which nodes dedicate computational resources, and proof-of-stake (PoS), in which nodes dedicate financial resources. It uses its blockchain infrastructure to operate validator nodes on various PoS-based blockchain networks. The Company is also developing a Digital Asset Dashboard, which allows users to evaluate their crypto portfolio holdings across multiple exchanges and chains on a single platform. The dashboard utilizes digital asset exchange's application programming interfaces (APIs).

Closing Price
$1.03
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Average)
Volume:
40,317

10-day average volume:
43,591
40,317

Amazon isn't immune from FedEx's woes, but there's several reasons it'll outperform its competitors

3:03 pm ET September 19, 2022 (MarketWatch)
Print

Shares of Amazon.com Inc. gained 0.2% in afternoon trading Monday, after falling 2.2% in the previous session in the wake of package delivery giant FedEx Corp.'s big profit miss and warning. Analyst Justin Post at BofA Securities said Amazon will not be immune from the global slowdown in package volumes FedEx has suffered, but he sees four reasons Amazon should be less impacted: 1) Amazon no longer ships with FedEx; 2) Amazon has well over 50% of volumes in the U.S., while FedEx said weakness in Europe and Asia were the main reason for its troubles; 3) Amazon likely has a higher-income average consumer than its biggest competitors -- Walmart Inc. , Target Corp. and eBay Inc. -- and saw "no discernible trade-down" away from discretionary items; and 4) with a wide third-party selection and fast delivery speeds, Amazon is expected to take market share from competitors that may be using FedEx. Post reiterated his buy rating on Amazon and his $170 stock price target, which implied about 37% upside from current levels. Amazon's stock has run up 16.5% over the past three months, while FedEx shares have tumbled 29.4% and the S&P 500 has gained 5.6%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

September 19, 2022 15:03 ET (19:03 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2022 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2022. All rights reserved.