The Daily LEO #221 - Tesla and Nvidia Stocks on the Rise, Crypto Layoffs Decelerate

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February’s Stock Winners And Losers: Tesla And Nvidia Lead Charge, Moderna Lags Behind

Technology company stocks are on the rise as the top 5 performing stocks include Tesla and Nvidia. Meta, Nvidia and Tesla collectively gained more than $220 billion in market capitalization in February. On the other hand, telecommunications company Lumen Technologies and satellite company DISH Network are down over...

What Is ESG Investing—And Why Republicans Are Trying To Ban It From Retirement Funds

Environmental, social and governance (ESG) investing is facing a ban in U.S. retirement funds. ESG investing considers non-financial factors in their investment decisions, factoring in social accountability, which can ban investments in gun and fossil fuel companies. Criticism of ESG investing has been rising with 25 GOP-led states...

HP earnings: Sales decline ‘driven by the macroeconomy,’ CEO says

HP, the printer and PC giant, just posted its first fiscal quarter of declining sales. Sales are down 18% year over year, and despite this, they have exceeded analyst forecasts on earnings. After a large round of layoffs in 2022, profit margins are growing and...

Vitalik Buterin says 'more still needs to be done' over high Ethereum transaction fees

It's no secret that the Ethereum blockchain has had some pretty outrageous fees over the past couple years. We saw transaction gas fees skyrocket to the hundreds of dollars, and have only started coming down recently since the move to PoS consensus. Vitalik recognizes that there is still a lot that needs to be done for Ethereum to...

Coinbase launches grassroots campaign for pro-crypto policy in the U.S.

Coinbase is stepping up to the plate and pushing for pro-crypto policy in the U.S. Following the collapse of FTX and other recent events, it's no surprise that regulators are pushing for more control over crypto. Coinbase's Crypto435 campaign is pushing for pro-crypto policy by providing people the tools necessary to make their voices heard in their local districts...

Crypto layoffs decelerate, with layoffs falling to 570 in February

Following an estimated 2,850 layoffs in the crypto industry in January, February is looking much better. There have only been an estimated 570 layoffs in February, so hopefully we are seeing a lasting decline in layoffs. With the market still uncertain, companies will likely continue trimming their workforce to hedge but...

How Scalable is LeoFinance's Onboarding of New Hive Users?

With the launch of LeoFinance's new user interface a little over 2 weeks ago, we're seeing high levels of activity on Threads.

We're at ~900 Monthly Active Users on the Alpha UI.... This is INSANE... 90% growth over our MAUs on the old Production UI (~500 MAUs ).

The amount of activity has more than doubled since the launch of this new way to interact on the Hive blockchain. We are seeing a monumental shift in the way that easers are interacting, and we are headed toward massive onboarding potential. This is just the alpha version and the results are already showing, so just thinking...

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