Tesla bought $1.5 billion in bitcoin early this year. By the end of March, it was worth $2.5 billion

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Tesla bought $1.5 billion in bitcoin early this year. By the end of March, it was worth $2.5 billion

Tesla provided more details about its cryptocurrency holdings in a regulatory filing Wednesday, disclosing that it made a $128 million profit on some bitcoin sales, but recorded a $27 million loss on some of its other sales of the volatile digital asset.
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PRECIOUS-Gold slips to 1-week low as yields rise ahead of Fed

… * U.S. Fed policy statement due 1800 GMT * U.S. 10-year Treasury yields rise to near 2-week high * Palladium off record highs hit on Tuesday * Goldman Sachs sees gold at $2,000/oz over next 6 months (Updates prices, adds comment) By Sethuraman …
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GlaxoSmithKline delivers profit beat, but sales disappoint

Pre-tax profit fell 9% to £1.52 billion and operating profit declined 8% to £1.69 billion also lower than the Dow Jones consensus. However, adjusted earnings per share (EPS) of 22.9 pence beat the consensus for 21.9 pence.
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General Dynamics stock rises toward a 14-month high after profit, revenue rise above forecasts

“Continued recovery from the pandemic coupled with our focus on operating performance yielded a strong quarter, with year-over-year earnings growth driven by increased revenue across all of our four business segments,” said Chief Executive Phebe …
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Taco Bell parent Yum Brands tops earnings estimates fueled by US sales growth

Yum Brands topped Wall Street’s estimates for its first-quarter earnings and revenue. KFC, Taco Bell and Pizza saw strong U.S. sales growth, but their international locations struggled to bring customers back as quickly. Yum added 435 net new restaurants to …
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