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A bit is an antiquated term equal to one eighth of a dollar or 12 + 1 ⁄ 2 cents, after the Spanish 8-Real "piece of eight" coin on which the U.S. dollar was initially based. So "two bits" is twenty-five cents; similarly, "four bits" is fifty cents. More rare are "six bits" (75 cents) and "eight bits" meaning a dollar.
The expression also survives in the sports cheer "Two bits, four bits, six bits, a dollar … all for (player's name), stand up and holler!" The New York Stock Exchange continued to list stock prices in $ 1 ⁄ 8 until June 24, 1997, at which time it started listing in $ 1 ⁄ 16. It did not fully implement decimal listing until January 29, 2001.
The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April. [citation needed] 2–3 March 2017 $1,290+ Price broke above the November 2013 high of $1,242 [197] and then traded above $1,290. [198] 20 May 2017 $2,000 : Price reached a new high, reaching $1,402.03 on 1 May 2017, and over $1,800 on 11 ...
10K may refer to: 10000 (number), the natural number following 9999 and preceding 10001; 10K run, a common road running race distance; 10,000 metres, a running track ...
Yahoo Finance data shows Tesla shares are valued at a forward price-to-earnings ratio of 111 times. The forward PE ratio for the S&P 500 is about 22 times. The forward PE ratio for the S&P 500 is ...
4 bits – (a.k.a. tetrad(e), nibble, quadbit, semioctet, or halfbyte) the size of a hexadecimal digit; decimal digits in binary-coded decimal form 5 bits – the size of code points in the Baudot code, used in telex communication (a.k.a. pentad) 6 bits – the size of code points in Univac Fieldata, in IBM "BCD" format, and in Braille. Enough ...
Image source: The Motley Fool. Agree Realty (NYSE: ADC) Q4 2024 Earnings Call Feb 12, 2025, 9:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
First is just a little bit of a clarification on the medium-term guidance. So you talked about 50 to 100 basis points of average margin expansion per year. You're guiding to over 100 here in 2025 ...