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Mining economics came under pressure as the network hashrate rose while the bitcoin price fell, the report said.

The trading platform plans to debut the products after completing its purchase of Bitstamp.

Hardware products and merchandising solutions provider Hillman (NASDAQ:HLMN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $349.6 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $1.54 billion at the midpoint. Its non-GAAP profit of $0.10 per share was in line with analysts’ consensus estimates.

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News of the day for Feb. 18, 2025

Oncology (cancer) diagnostics company NeoGenomics (NASDAQ:NEO) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 10.6% year on year to $172 million. On the other hand, the company’s full-year revenue guidance of $740 million at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $0.04 per share was $0.01 above analysts’ consensus estimates.

Your day-ahead look for Feb. 18, 2025

Shares of Southwest Airlines are rising in premarket tradin, after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs.

Homebuilder Tri Pointe Homes (NYSE:TPH) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 2.2% year on year to $1.23 billion. Its GAAP profit of $1.37 per share was 6.4% above analysts’ consensus estimates.

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