Healthcare royalties company Royalty Pharma (NASDAQ:RPRX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $594 million. Its GAAP profit of $0.57 per share was significantly above analysts’ consensus estimates.
Marriott (NASDAQ:MAR) Exceeds Q4 Expectations
Global hospitality company Marriott (NASDAQ:MAR) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 5.5% year on year to $6.43 billion. Its non-GAAP profit of $2.45 per share was 2.7% above analysts’ consensus estimates.
Israel Back in Bond Market as Truces Ease Economic Pressure
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Shopify (NYSE:SHOP) Surprises With Q4 Sales But Stock Drops
E-commerce software platform Shopify (NYSE:SHOP) announced better-than-expected revenue in Q4 CY2024, with sales up 31.2% year on year to $2.81 billion. The company expects next quarter’s revenue to be around $2.33 billion, close to analysts’ estimates. Its GAAP profit of $0.99 per share was significantly above analysts’ consensus estimates.
US regulator, Binance seek pause in legal battle as Trump's crypto policy takes shape
(Reuters) -Binance and the U.S. Securities and Exchange Commission have asked a federal judge to stay the regulator's lawsuit against the crypto exchange, according to a court filing, citing the potential impact of a newly launched task force. The motion to request a stay for 60 days marks the first clear effort to retreat from the SEC's previous crypto enforcement under Democratic leadership. In a joint motion filed late Monday, the parties said the SEC's task force, formed last month to work on crypto regulations, may "impact and facilitate the potential resolution of this case".
Coca-Cola Stock Rises as Q4 Sales, Profit Top Estimates
Coca-Cola reported better-than-expected fourth-quarter results, sending shares of the world's biggest soft drink maker higher Tuesday.
Dozens of companies are stealing MicroStrategy’s playbook to hoard bitcoin in their corporate treasuries instead of cash to boost their share price
About 78 companies worldwide have added Bitcoin to their reserves.
Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
Reeves’s blunder Budget is decimating London’s property market
The damaging impact of Rachel Reeves as Chancellor continues to be revealed in every nook and cranny of the economy.
Carrier Global (NYSE:CARR) Reports Sales Below Analyst Estimates In Q4 Earnings, But Stock Soars 6.1%
Heating, ventilation, air conditioning, and refrigeration company Carrier Global (NYSE:CARR) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 19.3% year on year to $5.15 billion. The company’s full-year revenue guidance of $22.75 billion at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.54 per share was 11.4% above analysts’ consensus estimates.