Block (NYSE:SQ) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates, sending shares down 10% in after-hours trading. The financial technology company, formerly known as Square, …
skolnes
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Editor’s note: This story has been updated to correct the name of the Bernstein analyst covering Ford. Ford Motor Company (NYSE:F) shares are trading lower on Thursday. Bernstein analyst Daniel …
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Cryptocurrency News
Rivian posts Q3 revenue miss; full-year loss projection widens, but ‘modest gross profit’ still expected in Q4
by skolnesRivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the …
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Cryptocurrency News
S&P 500, Nasdaq hit records as Fed cuts rates, post-election rally rolls on
by skolnesA tech-led rally brought new record highs for the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) Thursday as investors digested a fresh interest rate cut from the Federal Reserve and …
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(Bloomberg) — Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, following the Fed’s decision Thursday …
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Bitcoin News
Trader’s Successful Donald Trump Bets Prompts French Regulator to Go After Polymarket
by skolnesThe French gambling regulator is considering banning access to the predictions market Polymarket despite the platform not specifically targeting French users. Polymarket’s Political Predictions Ruffle Feathers The French gambling regulator, …
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The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest …
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(Reuters) – The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has “generally eased” while …
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Altcoin
Trader Michaël van de Poppe Says Ethereum Flashing Massive Bullish Signal, Updates Outlook on Bitcoin and Sei
by skolnesA closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells …
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Wolfspeed (NYSE: WOLF) stock is crashing in Thursday’s trading following the company’s recent quarterly report. The chip specialist’s share price was down 33.2% as of 1 p.m. ET. After the …