Discount retail company Ollie’s Bargain Outlet (NASDAQ:OLLI) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.8% year on year to $667.1 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.58 billion at the midpoint. Its non-GAAP profit of $1.19 per share was in line with analysts’ consensus estimates.
Erdogan Rival's Arrest Sends Lira to Record Low, Bitcoin-TRY Volume Surging on Binance
Binance's BTC/TRY pair sees increased trading activity as the move sends the lira crashing.
Morning Bid: Policy fog sidelines Fed
Like most of its central banking peers, the Federal Reserve will likely sit on its hands at this week's meeting, blinded by the multiple crosswinds from U.S. economic policy upheaval and plans for sweeping tariff hikes. * Several U.S. national security agencies have suspended certain efforts to counter Russian sabotage, disinformation and cyberattacks, potentially lifting some pressure off Moscow, according to Reuters exclusive reporting. * A U.S. federal judge has blocked billionaire Elon Musk and DOGE from taking any more steps to shut down the U.S. Agency for International Development, saying their efforts to close the foreign aid agency were likely unconstitutional.
Crypto Daybook Americas: Memecoins Take Off on Tron While Bitcoin Looks to FOMC
Your day-ahead look for March 19, 2025
You'll Regret Making This 1 Mistake With Bitcoin Right Now
If you're patient enough, it's feasible to set and forget your investment in Bitcoin (CRYPTO: BTC), though it's probably a better idea to pay attention to it from time to time than it is to fully zone out. Fear of missing out (FOMO) is a powerful motivation for investors, especially in cryptocurrency. When you see an asset's price rise day over day, or even hour over hour, it's enormously tempting to smash a big wad of your cash into a new investment so that you capture the upside of the move rather than being left behind.
Where Will Dogecoin Be in 1 Year?
The price of the crypto is down 64% from all-time highs seen during late 2024.
Axel Springer weighs sale of marketing business Awin, sources say
German media group Axel Springer is considering a sale of its affiliate marketing unit Awin, according to three people familiar with the matter, following the planned break-up its owners agreed last year. The group has in recent weeks invited banks to pitch for an advisory role to help sell Awin, which helps publishers promote advertisers’ products, two of the people said. A spokesperson for Axel Springer declined to comment.
Nvidia GTC: Here's what Wall Street is saying about Jensen Huang's performance
Did Nvidia do enough to reawaken the bull narrative on the stock? Wall Street weighs in.
Wall Street gains with all eyes on Fed rate decision
Wall Street's main indexes rose on Wednesday ahead of the Federal Reserve's widely anticipated monetary policy decision, at a time when worries linger about trade policies and their impact on the economy. Traders see the Fed lowering borrowing costs by at least two 25-basis point cuts by December, with the first expected in July, according to data compiled by LSEG. Focus will be on new economic projections from policymakers that will give an idea of how they feel U.S. President Donald Trump's policies will affect economic growth, inflation and unemployment.
An Insurer Taps Its Financial-Adviser Network to Sell Private-Market Funds
Lincoln Financial is teaming up with Bain Capital and Partners Group to launch two new funds aimed at everyday investors.