Tyson Foods misses Q3 revenue and earnings expectations set by analysts. The lower chicken, pork prices and weaker beef demand contribute to the decline. Tyson responds with the plan to close four additional US chicken plants to reduce costs. Tyson Foods (TSN.N) fell short of the financial expectations set by analysts for its third-quarter revenue and earnings. The decline was attributed to lower prices for chicken and pork, along with weakened demand for its beef offerings. In response, the company has announced the closure of four additional chicken plants in the United States as part of its ongoing effort to…
Author: Muhammad Humair Qureshi
Muhammad Humair Qureshi
I am a data-driven researcher and experienced data analyst with expertise in SQL, Tableau, advanced Excel, blockchain, stock market analysis, business intelligence, web3 writing, technical writing, and content creation. With a strong passion for leveraging data to solve problems, I have accumulated extensive experience in conducting research and producing over 500 high-quality research articles. In my previous role, I served as a data-driven research writer in the fintech industry. There, I excelled in collecting, cleaning, and analyzing data to generate valuable insights that supported informed decision-making. Utilizing my proficiency in SQL, Tableau, and advanced Excel, I effectively transformed complex data into actionable information. Additionally, my deep understanding of blockchain technology and the stock market allowed me to provide comprehensive analysis in those areas. Currently, I work as a freelance data analyst and writer, taking on various projects that require data-driven approaches. Whether it's developing data-driven marketing campaigns or crafting technical documentation, I ensure that my work is of the highest quality and delivers meaningful results. Throughout my career, I have produced a substantial body of work, authoring 500+ research articles across diverse topics.
Court ruling on XRP security status: Complex implications unfold. XRP sales deemed non-security for retail investors, but security for institutional investors. Ripple faces allegations of violating securities laws in institutional sales. On July 13, 2023, a US judge ruled that Ripple Labs Inc. did not violate federal securities laws by selling its XRP tokens on public crypto exchanges. This remarkable judgment has significant implications for the crypto industry. In response to the ruling, XRP surged more than 70%. Additionally, Coinbase, which had previously banned XRP trading, has now reinstated trading of XRP on its exchange, as stated on Twitter yesterday.…
In a recent development, a New York court has made a significant ruling in the ongoing case between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC). The court stated that the sale of XRP tokens by Ripple on exchanges and through algorithms does not qualify as investment contracts, but it did find that the institutional sale of the tokens violated federal securities laws. U.S. District Judge Analisa Torres published the court’s conclusions in an order that partially granted a motion for summary judgment. The SEC had accused Ripple Labs and its executives, including CEO Brad Garlinghouse and…
Imagine a world where you can discover hidden treasures in cryptocurrency just waiting to be claimed. Airdrops have become a popular way for new projects to distribute their tokens and gain exposure in the crypto community. In this article, we will guide you through the exciting world of airdrop hunting, with the potential to earn 100X gains on your time investments. As a newbie in the crypto space, navigating the world of airdrops can be overwhelming. But fear not. We provide a detailed step-by-step guide to help you become an expert airdrop hunter. So, buckle up and prepare to embark…
XinFin Network is a hybrid blockchain platform designed to solve the most complex problems in the crypto space. Today we all know Blockchain is a distributed ledger technology (DLT), but unfortunately, we are not aware of the scalability issues of this technology. In 2009, blockchain emerged in the world’s eyes through the invention of Bitcoin, a peer-to-peer electronic cash system without no one being middleman and more decentralized. Bitcoin is highly secure and decentralized but lessens scalable, a significant channel facing this entire crypto market. In September 2022, Ethereum was converting its mechanism into Proof of stake (POS) consensus because…
Decentralized Finance (Defi ) has grown since 2019 from 50,000 to today’s 2023 6.6 million Defi users, 50 billion-dollar Defi Industry is an emerging market, Therefore Blockpour is analyzing the complex blockchain data to gain insight to predict the upcoming Defi 100x narratives. What is Blockpour Blockpour is a Defi analytics tool that gives real-time on-chain activity happing in the Decentralized world; it is a multi-chain data aggregator and investigation platform with intuitive UX/UI interference to predict trends all around the DeFi that assists the crypto trader to design their own trading Alpha. On Lunching of Blockpour supports the top…
Nuseir Yassin, CEO of Nas Daily, breaks his silence on Silicon Valley Bank about the ongoing bank run situation in the United States because he has exposure to SBV and his money is stuck in this bank. On Friday California banking regulators closed SVB Financial Group (SIVB.O), the largest bank failure since the 2008 financial crisis, moving quickly to protect depositors as a crisis at the startup-focused lender rippled through global markets and hit banking stocks. Nas Daily was started as a vlogging page on popular social media platforms like Facebook, Instagram, and TikTok. It became well-known after its founder,…
The cryptocurrency crisis went into high gear on Friday as Silicon Valley Bank’s (SVB) failure caused some of the industry’s core plumbing to go chaotic. Before Silicon Valley Bank failed On Wednesday Silvergate, a central lender to the crypto industry, said on Wednesday that it was winding down operations and liquidating its bank. The stock plunged more than 36% in after-hours trading. After the Silvergate Bank collapsed, Bitcoin was sharply down 2.23%, trading at its previous 4-week level. The total crypto market cap was rejected by the 1T, and within hours, $50 billion was wiped out from the market. Now…
Pakistan’s banking industry is set for a revolution with the launch of a national blockchain-based eKYC platform by the Pakistan Banks’ Association (PBA) in collaboration with the Avanza Group. The new platform, developed as part of the State Bank of Pakistan’s ongoing efforts to strengthen control infrastructure for Anti Money Laundering (AML)/Terrorist Financing (TF), will enable all participating member banks to standardize and exchange customer data via a decentralized and self-regulated network. This move is expected to bring about significant improvements in the customer experience, particularly at the time of account opening, while also promoting financial inclusion. The eKYC (electronic…
As we all know, the market is directly related to the crypto narratives; in 2020, the Defi narrative boom in the crypto space, in just under one year the DeFi tokens market volume from $700 million in January to $15 billion in December. Because the narrative is pumped hard, this $15 billion crossed $180 billion in the 2021 bull run, and we all know the next huge narrative is NFT. Starting in 2021, sales in Q1 are around $1.2 billion; by the year’s end, total sales in just one year are at $25 billion. In 2023, Chatgpt is hyping and…