Coinbase's head of research explains why ‘dinosaur altcoins’ are staging a comeback
Legacy investors fuel ‘dinosaur altcoin’ resurgence, says Coinbase’s David Duong. As meme coin hype fades, XRP, Cardano, and Hedera could see capital inflows.
Macquarie Shuts US Debt Capital Markets in Private Credit Pivot
(Bloomberg) -- Macquarie Group Ltd. is shuttering its US debt capital markets arm, a business that includes leveraged loan origination, syndication and trading, to focus resources on private credit, according to people with knowledge of the matter.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC’s Newest Transit Leader Builds a W
Active, Income, Crypto ETFs Shine Among etf.com Award Noms
Standout nominees for the 2025 etf.com Awards include cryptocurrency, thematic, and active ETFs
Bitcoin Mining Firm Bitdeer Purchases Canadian Power Facility for $21.7 Million
Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million.
Alphabet stock gets rocked after cloud computing and spending surprise: What Wall Street is saying
Alphabet's quarter was mixed, at best.
Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten
Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.
Azenta’s (NASDAQ:AZTA) Q4 Sales Top Estimates
Life sciences company Azenta (NASDAQ:AZTA) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 4.4% year on year to $147.5 million. Its non-GAAP profit of $0.05 per share was in line with analysts’ consensus estimates.
Old Dominion Freight Line’s (NASDAQ:ODFL) Q4 Sales Beat Estimates
Freight carrier Old Dominion (NASDAQ:ODFL) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.3% year on year to $1.39 billion. Its GAAP profit of $1.23 per share was 5.9% above analysts’ consensus estimates.
Crypto ransomware payments drop 35% in 2024 amid crackdowns
Ransomware payments dropped 35% in 2024, marking the first decline in years as law enforcement crackdowns and improved victim resilience reshaped the landscape.
Reynolds (NASDAQ:REYN) Beats Q4 Sales Targets
Household products company Reynolds (NASDAQ:REYN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 1.4% year on year to $1.02 billion. Its non-GAAP profit of $0.65 per share was 12.5% above analysts’ consensus estimates.