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With a Q3 earnings report that underwhelmed in some facets, Advanced Micro Devices (AMD) fell as much as 13% in the last two days, although it hasn’t stopped experts from projecting the company to eventually compete with Nvidia (NVDA). Indeed, the company has increased more than 175% in the last year and has been one of the more dominant stocks. During its most recent earnings call, AMD forecasted between $7.2 billion and $7.8 billion in Q4 revenue. However, analysts’ consensus was situated at $7.55 billion, which would be below the forecast midpoint. That doesn’t change the high hopes that many have for the stock, due to one very important facet. Source: CNBC Also Read: Invested In AMD Stock? Look Out For These Key Drivers AMD The Next NVDA? Why Some Analysts Believe So Throughout the last year, Nvidia has become one of Wall Street’s most dominant stocks. The chipmaker has been propelled by the ongoing AI boom. Indeed, its value in that regard has it eyeing a st...

Michael Saylor’s MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years to expand its Bitcoin holdings. The strategy, named the “21/21 Plan,” aims to secure $21 billion through equity and an additional $21 billion through debt, underscoring Saylor’s ongoing commitment to Bitcoin as a key corporate asset. “As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said president and CEO Phong Le, in the company’s third-quarter earnings statement. 🟠#BTC MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years, split evenly between $21 billion in equity and $21 billion in fixed-income securities. The company intends to use this capital to increase its Bitcoin holdings as a treasury pic.twitter.com/f2MEcnevoQ — Fortune Tells (@online0705) O...

GTA 5 celebrates its 11th anniversary on Tuesday. The game was released on September 17, 2013, and in two days, Rockstar Games made $1 billion in revenue, breaking all gaming records. The Grand Theft Auto franchise has the biggest fan base worldwide, cutting through all age groups. It is the most celebrated and cherished game, with fans willing to spend any amount of money to get their hands on it. Also Read: Shiba Inu: Will SHIB Be Accepted On Elon Musk’s X? Now that 11 years have passed and GTA 6 is in the pipeline, how much money have Rockstar Games earned through GTA 5? This article will highlight how much the gaming studio made with the segment. GTA 5: How Much Money Did Rockstar Games Make? Source: Rockstar Games According to a report on the most recent earnings, Rockstar Games has made $8.9 billion through GTA 5 since its release in 2013. These earnings make GTA 5 the most successful game ever made, and it still generates millions in revenue every year. Also Read: Dogecoin’s Si...

Thailand cabinet approves tax exemption for crypto earnings, according to local media outlet Bangkok Post. New measures take effect on January 1, 2024. Thai government expects to raise 18.5 billion baht from token investment fundraising.  Thailand has approved a tax exemption targeted at Crypto holders as the country looks to promote fundraising through investment tokens. Local news outlet Bangkok Post reported on this earlier today, March 13, 2024. Thai’s new crypto tax measures Specifically, the Thai cabinet approved the new tax measures aimed at Crypto earnings on Tuesday, March 12, 2024.  With the nod, earnings from Crypto tokens held as investment tokens do not have to be included in the calculation of an individual’s personal income tax.  Such individuals who already have the 15% withholding tax added can exclude the Crypto earnings from this income tax calculation. According to Kulaya Tantitemit, Thailand’s...

Thailand’s Revenue Department has unveiled plans to tax overseas income, including cryptocurrency trading revenues, of individuals staying in the country for over 180 days. This updated regulation, set to be implemented on January 1, 2024, broadens the scope from the prior rule where only overseas income brought into Thailand within the earning year was subject to taxation. According to Bangkok Post, the change aims to ensure that all overseas earnings, irrespective of their use in the Thai economy, are declared. The focus appears to be on residents engaged in foreign stock trading via overseas brokerages, crypto traders, and Thai nationals with accounts abroad. You might also like: Thailand embraces crypto wallets for nationwide airdrop Thailand’s crypto landscape Thailand has witnessed a surge in crypto currency trading activities in recent years, attracting domestic and foreign investors. However, the country’s Finance Minister, Arkhom Termpittayapa...

The co-founders of the collapsed crypto hedge fund, Three Arrows Capital (3AC), are committed to donating funds citing “good karma .” Some of their future earnings from their latest crypto venture will go to creditors who suffered losses during the fund’s collapse in 2022. During a recent Twitter Spaces session hosted by IBC Group CEO Mario Nafwal, Kyle Davies, one of the co-founders, revealed their plan to allocate a portion of the future earnings from OPNX to assist the affected creditors. This philanthropic initiative stands apart from the ongoing liquidation proceedings and aims to provide additional support to those who lost funds. https://t.co/BLA0u9ZoAJ — Mario Nawfal (@MarioNawfal) July 3, 2023 Davies reiterated the co-founders’ strong belief in karma and expressed their intention to supplement the recoveries achieved through the formal liquidation process. He noted that several creditors have already been made whole and acknowledged tha...