News

Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.5% year on year to $199.9 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was 53.4% above analysts’ consensus estimates.

A federal judge in Washington, D.C., on Thursday put the U.S. Securities and Exchange Commission's civil lawsuit against Binance on hold for 60 days, granting a joint request by the regulator and the world's largest cryptocurrency exchange. U.S. District Judge Amy Berman Jackson issued her order after both parties on Monday said a new SEC task force to review cryptocurrency regulation may "impact and facilitate the potential resolution of this case." Created last month, the SEC task force is led by Republican Commissioner Hester Peirce, a strong cryptocurrency supporter.

Streaming TV platform Roku (NASDAQ: ROKU) announced better-than-expected revenue in Q4 CY2024, with sales up 22% year on year to $1.20 billion. The company expects next quarter’s revenue to be around $1.01 billion, close to analysts’ estimates. Its GAAP loss of $0.24 per share was 41.7% above analysts’ consensus estimates.

Cloud communications infrastructure company Twilio (NYSE:TWLO) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 11% year on year to $1.19 billion. The company expects next quarter’s revenue to be around $1.14 billion, close to analysts’ estimates. Its non-GAAP profit of $1 per share was 3.2% below analysts’ consensus estimates.

Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 6.8% year on year to $7.17 billion. On the other hand, next quarter’s revenue guidance of $7.1 billion was less impressive, coming in 0.8% below analysts’ estimates. Its non-GAAP profit of $2.38 per share was 3.7% above analysts’ consensus estimates.

Fantasy sports and betting company DraftKings (NASDAQ:DKNG) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 13.2% year on year to $1.39 billion. On the other hand, the company’s full-year revenue guidance of $6.45 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $0.14 per share was significantly above analysts’ consensus estimates.

A man wants to buy a landfill in order to look for and retrieve a Bitcoin hard drive that he lost in 2013 and that is worth millions of dollars.

Eggs and housing costs contributed to accelerating inflation in January, which indicates it'll be a while until the next rate cut.

Cryptocurrency exchange Coinbase (NASDAQ:COIN) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 138% year on year to $2.27 billion. Its GAAP profit of $4.68 per share was significantly above analysts’ consensus estimates.

Software development tools maker JFrog (NASDAQ:FROG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.4% year on year to $116.1 million. The company expects next quarter’s revenue to be around $117 million, close to analysts’ estimates. Its non-GAAP profit of $0.19 per share was 36.7% above analysts’ consensus estimates.