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(Bloomberg) -- Junk-debt returns will fall short of lofty expectations, but they’ll likely do better than stocks for the first time since the global financial crisis, according to high-yield guru Marty Fridson.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With

Treasury Secretary Scott Bessent said Thursday that 'I am not worried about inflation' resulting from President Donald Trump's new tariffs, although he did acknowledge 'we could get a one-time price adjustment.'

Even if it's approved, a strategic crypto reserve is unlikely to hold XRP and ADA, according to an analysis by JPMorgan.

The company’s goal is to “be at the intersection of every transaction and every interaction in Web3.”

(Bloomberg) -- Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Fin

Shares of precision motion systems specialist Allient (NASDAQ:ALNT) jumped 8.3% in the morning session after the company reported impressive fourth quarter 2024 results which blew past analysts' sales and EPS expectations. In addition, its EBITDA outperformed Wall Street's estimates by a wide margin. Zooming out, we think this was a good quarter with some key areas of upside.

Shares of online reputation and search platform Yext (NYSE:YEXT) fell 8.5% in the pre-market session after the company reported underwhelming fourth-quarter results, with revenue merely in line with expectations while EPS fell short. Looking ahead, management decided to hold back on full-year revenue guidance, pointing to uncertainty around new product adoption and currency swings. Instead, they put out an adjusted EBITDA target of $100 million to $103 million, which signals they feel good about

Shares of healthcare software provider Veeva Systems (NASDAQ:VEEV) jumped 9.9% in the afternoon session after the company reported impressive fourth quarter (fiscal 2025) results which beat analysts' revenue and adjusted operating profit expectations. Notably, subscription services revenue, making up the bulk of total revenue, rose 17% year over year. This growth was driven by expanding adoption of Veeva's cloud-based solutions across both R&D and commercial segments, reflecting continued demand

Shares of restaurant company Cracker Barrel (NASDAQ:CBRL) jumped 21.9% in the morning session after the company served up a standout second quarter (fiscal 2025), crushing Wall Street's estimates on revenue, EPS, and EBITDA. Adjusted EBITDA rose by 19.6%, driven by strong restaurant sales growth and pricing optimization that helped offset inflationary pressures. Looking ahead, the company raised its full-year sales and adjusted EBITDA guidance to a range above prior estimates, signaling confiden

Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) fell 7.9% in the morning session after the company reported weak fourth-quarter results, as its gross margin and full-year revenue guidance fell short of Wall Street's estimates. However, the company exceeded analysts' expectations for revenue, EPS, and adjusted operating income, with comparable sales rising 5%. Looking ahead, full-year revenue guidance suggests limited growth, raising concerns about potential demand softne