This firm has been bullish on crypto for two years — now it’s calling a top
Analysts at BCA Research say there’s all the classic signs of a top in crypto.
Europe’s Airline Stocks Stumble After Reaching Three-Year Peak
(Bloomberg) -- Less than a week after hitting a three-year high, European airline stocks are having their worst day in more than six months.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperA UBS Group AG basket of eight European a
New Fund Links Crypto Investment to Portuguese Residency
Investors can choose between a minimum investment of €100,000 for non-residency or €500,000 if they aim to gain residency through Portugal’s Golden Visa program.
Brazil Inflation Slows in January on Cheaper Electric Bills
(Bloomberg) -- Brazil inflation edged down at the start of the year, as one-time energy credits provided consumers temporary relief from simmering price pressures.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperOfficial data rele
KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield
Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
S&P Global forecasts annual profit above estimates on strong demand for its offerings
S&P Global on Tuesday forecast 2025 adjusted earnings per share above Wall Street estimates, as the financial information company anticipated increasing demand for its data and analytics offerings amid macroeconomic uncertainty. Demand for market analytical tools has risen as investors try to capture alpha in a post-U.S. election market rally over anticipation of deregulation and tax cuts under the Trump administration. The New York-based company, which is the largest credit ratings agency in the U.S., also announced a $650 million accelerated share repurchase program.
IPG Photonics’s (NASDAQ:IPGP) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses Expectations
Fiber laser manufacturer IPG Photonics (NASDAQ:IPGP) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 21.6% year on year to $234.3 million. On the other hand, next quarter’s revenue guidance of $225 million was less impressive, coming in 3.8% below analysts’ estimates. Its GAAP profit of $0.18 per share was 11.3% below analysts’ consensus estimates.
Russia's Sakhalin Island Oil Is Backing Up After US Sanctions
(Bloomberg) -- Crude shipments from Russia’s Sakhalin Island projects aren’t being discharged after the tankers carrying them were sanctioned by the US. About 6.3 million barrels of Pacific crude is being held on vessels that have been stationary for at least a week.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten F
Why the Federal Reserve could shock the markets this summer: Economist
Don't rule out a rate hike this year — maybe sooner than you think, prominent economist Torsten Sløk said.
Royalty Pharma (NASDAQ:RPRX) Misses Q4 Revenue Estimates
Healthcare royalties company Royalty Pharma (NASDAQ:RPRX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $594 million. Its GAAP profit of $0.57 per share was significantly above analysts’ consensus estimates.