The eyeball-scanning crypto play had originally stayed out of the U.S. market amid a more uncertain regulatory regime.
C.H. Robinson Worldwide (NASDAQ:CHRW) Misses Q1 Revenue Estimates
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 8.3% year on year to $4.05 billion. Its non-GAAP profit of $1.17 per share was 11.3% above analysts’ consensus estimates.
Oil rises as US equities rally lifts economy sentiment
LONDON (Reuters) -Oil rebounded on Thursday after strong earnings from Meta and Microsoft supported U.S. equities and offset concerns about the U.S. economy and the prospect of higher OPEC+ oil output. U.S. West Texas Intermediate crude futures rose 47 cents or 0.8% to $58.68 a barrel by 1442 GMT. Brent crude futures gained 71 cents or 1.2% to $61.77.
The Cheesecake Factory (NASDAQ:CAKE) Reports Q1 In Line With Expectations
Restaurant company Cheesecake Factory (NASDAQ:CAKE) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4% year on year to $927.2 million. Its non-GAAP profit of $0.93 per share was 13.9% above analysts’ consensus estimates.
What time does the stock market open?
The stock market opens at 9:30 a.m. Monday through Friday, but extended trading hours make it possible to trade even when the market is closed.
3 reasons market pros see more pain coming for the stock market
The tariff-fueled drop in stocks would be relatively mild compared to what the market could see if recession strikes, Goldman Sachs said.
Nasdaq Seeks SEC Nod to List 21Shares Dogecoin ETF
- Nasdaq's filing would add the popular memecoin to growing crypto ETF lineup. - SEC continues to push back decisions on multiple crypto fund applications. - Analysts project final rulings on altcoin ETFs by October 2025 deadline.
Trump appears to suggest he knows more about interest rates than Fed's Powell
U.S. President Donald Trump on Wednesday appeared to suggest he knew more about interest rates than Federal Reserve Chairman Jerome Powell and that rates should be cut. "Mortgage rates are actually down slightly even though I have a guy in the Fed that I'm not a huge fan of," Trump said at a White House event. "He should reduce interest rates.
Here are the countries betting markets think are most likely to strike a trade deal with the US by July
Investors need a US trade deal to be announced for a durable rally, and Polymarket wagers show which countries are most likely to reach one soon.
Top US solar firm sees stock plunge after big guidance drop from ‘significant challenges’ of Trump tariffs
Renewable energy faces a potential double whammy of tariffs and tax credit reductions.