Reportedly the games retailer is considering whether to invest some of the cash in its war chest to buy BTC coins, which have soared following Trump's November election.
Italy's Juventus shares rise after crypto firm Tether buys stake
MILAN (Reuters) -Shares in Italy's top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder, without disclosing the size of its stake. Turin-based Juventus is controlled by Italy's Agnelli family through their investment company Exor, which holds a 64% stake in Italy's most successful club. The holding did not sell any shares to Tether, a spokesperson said.
AI Hype Supercharges Chinese Stocks to a Three-Year High
(Bloomberg) -- Chinese stocks in Hong Kong extended a recent rally as the nation’s growing capabilities in artificial intelligence boosted optimism over the market’s outlook, while a potentially momentous show of support for the private sector gave sentiment an extra lift. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterC
Wabtec’s earnings and outlook disappoint Wall Street
Locomotive builder Wabtec’s shares declined despite fourth-quarter revenue and profit increases. The post Wabtec’s earnings and outlook disappoint Wall Street appeared first on FreightWaves.
BlackRock ties Fink's pay to private market expansion
Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will be compensated to reflect the company's recent expansion into private markets, which Fink spearheaded last year. BlackRock, whose assets grew to $11.6 trillion last year, said in a U.S. Securities and Exchange Commission filing it has included "carried interest" in Fink's compensation, an executive incentive paid in the alternative asset management industry consisting of a share of the profits that funds generate.
Newmark (NASDAQ:NMRK) Posts Better-Than-Expected Sales In Q4
Real estate services firm Newmark (NASDAQ:NMRK) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 18.8% year on year to $888.3 million. The company expects the full year’s revenue to be around $3 billion, close to analysts’ estimates. Its non-GAAP profit of $0.55 per share was 13.6% above analysts’ consensus estimates.
Roku Stock Jumps After Higher-than-Estimated Results; JPMorgan Lifts Price Target
Roku shares are jumping Friday, after the streaming company posted better-than-estimated fourth-quarter results.
Moderna stock up at the opening bell despite mixed 2024 earnings
Moderna beat on fourth quarter 2024 earnings and was in line with estimates for full-year 2024 earnings.
5 Things to Know Before the Stock Market Opens
News of the day for Feb. 14, 2025
Palo Alto Networks Stock Drops as Results Narrowly Top Estimates
Shares of Palo Alto Networks sank Friday morning despite the cybersecurity firm's results for the second quarter of fiscal 2025 coming in just above estimates.