Robinhood (HOOD) is the top crypto deregulation play, Bernstein analysts says, upgrading the stock to Outperform. Catalysts Hosts Seana Smith and Madison Mills take a closer look at the note and what it signals about the crypto space under President-elect Donald Trump. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.
As the Q3 earnings season wraps, letβs dig into this quarterβs best and worst performers in the online marketplace industry, including EverQuote (NASDAQ:EVER) and its peers.
The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.
The Consumer Financial Protection Bureau said Thursday it finalized a rule giving itself the authority to regulate big tech firms in much the same way the consumer watchdog oversees major banks. The largest payment apps now process over 13 billion consumer transactions annually, the CFPB said. The CFPB is trying to tackle its priorities before President-elect Trump takes office in January.
As critical industries adopt technologies that rely on video, analytics and cloud delivered software solutions, there will also need to be increased scrutiny.
Natural gas futures were at their highest level in a year as the EIA reported a small decline in inventories for last week, getting the withdrawal season under way.
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company and its majority shareholder.
The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.
The pharma company raised its guidance on revenue growth from its key treatments and expected drug launches, and now anticipates annual currency-adjusted sales to grow by 6% through 2028.
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.
The amended agreement also provides for other benefits and considerations related to delivery delays in 2024, Allegiant disclosed in a Securities and Exchange Commission filing.
Beyond said it has concerns regarding The Container Storeβs ability to reach an agreement with lenders based on the financing proposals presented thus far.