Heineken’s blockbuster results driven by premium beer and 0.0 drinks as European stocks reach record high
CEO Dolf van den Brink said Heineken would continue to investments through 2025 as part of its “EverGreen Strategy” to future-proof the brewer.
Biogen’s (NASDAQ:BIIB) Q4 Sales Top Estimates
Biotech company Biogen (NASDAQ:BIIB) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.9% year on year to $2.45 billion. Its non-GAAP profit of $3.44 per share was 2.3% above analysts’ consensus estimates.
BDIC unveils crypto insurance platform
BDIC outlined plans for expansion into South East Asia by Q4 2025, with the aim of offering wider Asia-Pacific coverage by 2026.
Lithia (NYSE:LAD) Surprises With Q4 Sales, Stock Soars
Automotive retailer Lithia Motors (NYSE:LAD) announced better-than-expected revenue in Q4 CY2024, with sales up 20.2% year on year to $9.22 billion. Its non-GAAP profit of $7.79 per share was 8.2% above analysts’ consensus estimates.
68% of Crypto Investors Think Bitcoin Will Hit $200,000 in 2025. Here's Why They May Be Wrong.
In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak of $109,000 reached in late January (as of Feb. 11). Here's why those who believe a $200,000 price target is likely in 2025 might be wrong.
Kraft Heinz (NASDAQ:KHC) Reports Sales Below Analyst Estimates In Q4 Earnings
Packaged foods company Kraft Heinz (NASDAQ:KHC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 4.1% year on year to $6.58 billion. Its non-GAAP profit of $0.84 per share was 7.8% above analysts’ consensus estimates.
Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
Denny's (NASDAQ:DENN) Misses Q4 Sales Targets
Diner restaurant chain Denny’s (NASDAQ:DENN) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $114.7 million. Its non-GAAP profit of $0.14 per share was 8.6% below analysts’ consensus estimates.
Traders’ Bets on Higher US Rates Face Crucial Inflation Data
(Bloomberg) -- Traders who have been piling into wagers for higher US yields ever since last week’s jobs report will see their convictions tested with the latest inflation readings. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperTreasury yields remained higher on Wednesday after steadily climbing in the wake of data Friday
‘Taking stock’: BofA and JPMorgan execs weigh in on Trump 2.0
While Bank of America CEO Brian Moynihan called the recent regulatory shift “classic re-engineering,” one peer exec said the changes “are taking all the oxygen in the room.”