Private equity giant Apollo is bringing a red-hot corner of the market to the blockchain
Private credit has boomed in recent years. Apollo's tokenized fund offers a way for investors to buy in via the blockchain.
Elastos secures $20 million investment to expand Bitcoin DeFi ecosystem
Elastos secures $20 million from Rollman Management to expand Bitcoin-based DeFi and Web3 creator marketplace.
Watch These IBM Price Levels as Stock Soars After AI Drives Strong Earnings
IBM shares soared Thursday after the computing giant posted better-than-expected fourth-quarter earnings, boosted by the strength of its AI business. Monitor these key price levels.
Why Parker-Hannifin (PH) Stock Is Up Today
Shares of industrial machinery company Parker-Hannifin (NYSE:PH) jumped 6.2% in the morning session after the company reported strong fourth quarter results, which beat analysts' EPS expectations despite a revenue miss. Demand indicators improved, especially in the Aerospace segment, and overall order rate increased across the board. The company then reiterated its previous full-year EPS guidance, demonstrating a focus on balancing growth and profits. Overall, this was a decent quarter.
Why 1-800-FLOWERS (FLWS) Stock Is Nosediving
Shares of e-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) fell 17.3% in the pre-market session after the company reported weak fourth quarter results, with its revenue and EPS fallin below analysts' expectations. Adding to the bad news, the company's full-year EBITDA guidance missed Wall Street's estimates significantly. Management expressed displeasure at the results, which were marred by "a softer than anticipated and highly promotional consumer environment, along with a pullb
United Parcel Service (UPS) Stock Trades Down, Here Is Why
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak fourth-quarter results and provided full-year revenue guidance, which missed significantly. Adding to concerns, UPS announced an agreement with its largest customer (Amazon) to cut volume by more than 50% by the second half of 2026, which might be a headwind to future growth. On the other hand, it was encouraging to see United Parcel Service beat analysts' EPS expectations this quar
Why Cigna (CI) Stock Is Down Today
Shares of health insurance company Cigna (NYSE:CI) fell 8.5% in the afternoon session after the company reported underwhelming fourth quarter earnings. EPS in the quarter missed and its full-year EPS guidance missed significantly. This is due to higher-than-expected medical loss ratios. On the other hand, Cigna exceeded analysts’ revenue expectations this quarter. Overall, this was a softer quarter.
Why Comcast (CMCSA) Stock Is Nosediving
Shares of telecommunications and media company Comcast (NASDAQ:CMCSA) fell 12.5% in the morning session after the company reported weak fourth-quarter results, with key demand growth indicators, including broadband and video customers, continuing to decline year on year, with the former missing expectations. On the other hand, it was encouraging to see Comcast beat analysts' EPS expectations this quarter. Overall, this was a mixed yet weaker quarter.
Why Is Lam Research (LRCX) Stock Rocketing Higher Today
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 8.5% in the afternoon session after the company reported impressive fourth-quarter results and provided revenue and EPS guidance for the next quarter, which blew past analysts' expectations. This quarter's revenue and EPS outperformed Wall Street's estimates. Overall, we think this was a decent quarter, with some key metrics above expectations.
Trump Media wades into crypto with the launch of TruthFi
The firm, majority-owned by Donald Trump, generates new concerns about Trump's potential conflicts of interest.