U.S. Bitcoin ETFs See Third Straight Day of Outflows, Totaling $494M, as BTC Stalls
Bitcoin continues to trade in a range that it has set since mid-November.
Molson Coors’s (NYSE:TAP) Q4 Sales Top Estimates, Stock Soars
Beer company Molson Coors (NYSE:TAP) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 2% year on year to $2.74 billion. Its non-GAAP profit of $1.30 per share was 15.3% above analysts’ consensus estimates.
GE HealthCare (NASDAQ:GEHC) Posts Q4 Sales In Line With Estimates
Healthcare technology company GE HealthCare Technologies (NASDAQ:GEHC) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 2.2% year on year to $5.32 billion. Its non-GAAP profit of $1.45 per share was 14.8% above analysts’ consensus estimates.
Elon Musk wants to tear out entire federal agencies: ‘It’s like a weed. If you don’t remove the roots, the weed will grow back’
Musk said the action of “deleting” entire agencies is necessary to prevent future administrations from rehiring for what he believes are unnecessary roles.
Deere (NYSE:DE) Misses Q4 Revenue Estimates, Stock Drops
Agricultural and construction machinery company Deere (NYSE:DE) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 18.9% year on year to $8.51 billion. Its GAAP profit of $3.19 per share was 1.8% below analysts’ consensus estimates.
West Pharmaceutical Services’s (NYSE:WST) Q4: Beats On Revenue But Stock Drops
Healthcare products company West Pharmaceutical Services (NYSE:WST) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 2.3% year on year to $748.8 million. On the other hand, the company’s full-year revenue guidance of $2.89 billion at the midpoint came in 5% below analysts’ estimates. Its non-GAAP profit of $1.82 per share was 5.3% above analysts’ consensus estimates.
Morning Bid: Peace and prices - inflation vies with Ukraine talks
Talks to end the Ukraine war have partly cut across the hot U.S. inflation report for world markets, reining in both oil prices and capping aggravated U.S. borrowing rates - while also lifting the euro and European shares. Long-flagged by U.S. President Donald Trump as a priority, Wednesday's news that he spoke with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy on talks to end the war dragged crude oil lower. With Russia still the world's third-largest oil producer, the prospect of some future lifting of sanctions on its crude exports saw U.S. oil prices fall back to $70 per barrel and close to the year's lows - down some 4% from Tuesday's close.
Honda Stock Gains as Merger With Nissan Called Off
Honda's U.S.-listed shares are rising in premarket trading after the Japanese automaker and ailing domestic rival Nissan said they have called off merger plans announced in December.
Money market account rates today, February 13, 2025 (earn up to 4.75% APY)
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
Inflation uncertainty keeps looming over markets: Morning Brief
Any hints that inflation may be higher than initially thought in 2025 have made investors jumpy recently.