Travala, which is backed by the world's largest crypto exchange, Binance, is in talks with potential buyers after receiving a takeover approach late last year.
Merck’s (NYSE:MRK) Q4 Sales Top Estimates But Stock Drops
Global pharmaceutical company Merck (NYSE:MRK) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 6.8% year on year to $15.62 billion. On the other hand, the company’s full-year revenue guidance of $64.85 billion at the midpoint came in 3.7% below analysts’ estimates. Its non-GAAP profit of $1.72 per share was 2.4% above analysts’ consensus estimates.
Regeneron’s (NASDAQ:REGN) Q4 Sales Top Estimates, Stock Soars
Biotech company Regeneron (NASDAQ:REGN) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 10.3% year on year to $3.79 billion. Its non-GAAP profit of $12.07 per share was 7.8% above analysts’ consensus estimates.
PepsiCo’s (NASDAQ:PEP) Q4 Earnings Results: Revenue In Line With Expectations
Food and beverage company PepsiCo (NASDAQ:PEP) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $27.78 billion. Its non-GAAP profit of $1.96 per share was 0.9% above analysts’ consensus estimates.
Atkore (NYSE:ATKR) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops
Electrical safety company Atkore (NYSE:ATKR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 17.1% year on year to $661.6 million. Its non-GAAP profit of $1.63 per share was 4.9% above analysts’ consensus estimates.
Bitcoin Hashrate Hits All-Time High Defying Analyst Expectations
Bitcoin transaction fees have hit multi-year lows despite the price hovering around $100,000.
Bitcoin Still Following Previous Cycle's Trajectory Despite Price Drop: Van Straten
Despite the U.S. tariff uncertainty, bitcoin remains on track with previous cycles.
Trump’s Pause on Trade Tariffs Gives Emerging Markets a Break
(Bloomberg) -- Emerging-markets assets gained on Tuesday after US President Donald Trump delayed new tariffs on goods from Mexico and Canada, and China delivered a relatively measured response to higher levies from the US.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomNYC’s Newest Transit Leader Builds a Worker-Driven StrategyHistoric L
Bitcoin price drops to $98,700 as China announces tariffs on US goods
President Trump's decision to levy tariffs on China has triggered it to impose countermeasures, impacting Bitcoin's price.
Anthony Scaramucci Says U.S. Pro-Crypto Regulation Likely by November
Scaramucci also described Trump's official memecoin as "bad for the industry."