North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread use
Stock of the Day: Mining firm Freeport-McMoRan jumps 4% on Trump's plan for 'copper to come home'
"American industries depend on copper, and it should be made in America, no exemptions, no exceptions," Commerce Secretary Howard Lutnick said.
Utah could be the first state to hold Bitcoin as a reserve, says Satoshi Action Fund CEO
Utah is leading the race to establish the first state-backed Bitcoin reserve, with over 50 Bitcoin-related bills progressing across 22 states
Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says
With rising energy cost, many miners may not survive the 2028 halving, MARA said.
Paramount (NASDAQ:PARA) Misses Q4 Sales Targets
Multinational media and entertainment corporation Paramount (NASDAQ:PARA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $7.98 billion. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates.
HEICO (NYSE:HEI) Reports Strong Q4, Stock Soars
Aerospace and defense company HEICO (NSYE:HEI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 14.9% year on year to $1.03 billion. Its GAAP profit of $1.20 per share was 26.6% above analysts’ consensus estimates.
Corona sales soar as AB InBev beats expectations, sending its stock higher
The beer giant said revenues climbed 3.4% to $14.84 billion in the fourth quarter, driven by higher sales of premium products like Corona.
Sinclair (NASDAQ:SBGI) Reports Q4 In Line With Expectations
Media broadcasting company met Wall Street’s revenue expectations in Q4 CY2024, with sales up 21.5% year on year to $1 billion. On the other hand, next quarter’s revenue guidance of $772 million was less impressive, coming in 3.5% below analysts’ estimates. Its GAAP profit of $2.61 per share was 30.8% above analysts’ consensus estimates.
SunOpta (NASDAQ:STKL) Posts Q4 Sales In Line With Estimates
Plant-based food and beverage company SunOpta (NASDAQ:STKL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 6.8% year on year to $193.9 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $790 million at the midpoint. Its non-GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
MYR Group (NASDAQ:MYRG) Reports Sales Below Analyst Estimates In Q4 Earnings
Electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 17.4% year on year to $829.8 million. Its GAAP profit of $0.99 per share was 59% above analysts’ consensus estimates.