• Feb 26, 2025

Why Is Astec (ASTE) Stock Soaring Today

Shares of construction equipment company Astec (NASDAQ:ASTE) jumped 18.4% in the afternoon session after the company reported strong fourth-quarter 2024 results, with EPS and EBITDA significantly surpassing analysts' expectations. However, revenue fell well short of estimates, as weakness in the Materials Solutions segment offset strong growth in Infrastructure Solutions​. Looking ahead, backlog declined 26.4% year-on-year, indicating potential challenges in sustaining recent growth. Overall, th

  • Feb 26, 2025

FTAI Aviation (FTAI) Stock Trades Up, Here Is Why

Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 7.8% in the afternoon session after the company announced its Strategic Capital Initiative (SCI), initially announced late 2024, locked in a $2.5 billion asset-level debt financing deal. The funding comes from ATLAS SP Partners, backed by Apollo funds, along with Deutsche Bank AG's New York branch. With this financing, SCI plans to invest over $4 billion in on-lease 737NG and A320ceo aircraft. The market is excited about the c

  • Feb 26, 2025

Fed’s Bostic Says Rates Need to Remain in Restrictive Territory

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the US central bank should hold interest rates where they are, at a level that continues to put downward pressure on inflation.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant

  • Feb 26, 2025

The U.S. War on Crypto Isn’t Over

The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.

  • Feb 26, 2025

A Smarter Way to Crypto Diversification?

Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.