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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.

(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

Don't rule out a rate hike this year — maybe sooner than you think, prominent economist Torsten Sløk said.

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.

Global hospitality company Marriott (NASDAQ:MAR) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 5.5% year on year to $6.43 billion. Its non-GAAP profit of $2.45 per share was 2.7% above analysts’ consensus estimates.

(Bloomberg) -- Israel re-entered the global bond market on Tuesday, starting the sale of dollar debt as it looks to bolster its balance sheet after more than 16 months of war.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 SuperThe co

E-commerce software platform Shopify (NYSE:SHOP) announced better-than-expected revenue in Q4 CY2024, with sales up 31.2% year on year to $2.81 billion. The company expects next quarter’s revenue to be around $2.33 billion, close to analysts’ estimates. Its GAAP profit of $0.99 per share was significantly above analysts’ consensus estimates.

(Reuters) -Binance and the U.S. Securities and Exchange Commission have asked a federal judge to stay the regulator's lawsuit against the crypto exchange, according to a court filing, citing the potential impact of a newly launched task force. The motion to request a stay for 60 days marks the first clear effort to retreat from the SEC's previous crypto enforcement under Democratic leadership. In a joint motion filed late Monday, the parties said the SEC's task force, formed last month to work on crypto regulations, may "impact and facilitate the potential resolution of this case".

Coca-Cola reported better-than-expected fourth-quarter results, sending shares of the world's biggest soft drink maker higher Tuesday.

About 78 companies worldwide have added Bitcoin to their reserves.