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Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

In this edition: Quarterly earnings echo the pain everyone feels, and metal tariffs hit. The post Check Call: 2024 quarterly earnings miss the mark on Wall Street appeared first on FreightWaves.

The $3.16 trillion crypto industry has been shifting its focus to Wall Street, making retail adoption — and Super Bowl ad spend — less of a priority, one expert says.

The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver-assistance tech.

In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.

U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve's resolve to delay further interest rate cuts. The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. The figures show that inflation has remained stubbornly above the Fed's 2% target for roughly the past six months, after it fell steadily for about a year and a half.

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Accounting automation software maker Blackline (NASDAQ:BL) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 8.8% year on year to $169.5 million. On the other hand, next quarter’s revenue guidance of $167 million was less impressive, coming in 2.1% below analysts’ estimates. Its non-GAAP profit of $0.47 per share was 6.4% below analysts’ consensus estimates.

Luxury casino and resort operator Monarch (NASDAQ:MCRI) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 4.9% year on year to $134.5 million. Its GAAP profit of $1.36 per share was 19.4% above analysts’ consensus estimates.