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(Bloomberg) -- Investors yanked more than $1 billion from spot Bitcoin exchange-traded funds Tuesday, marking the biggest one-day outflow since the cohort’s debut last January.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as C

The billionaire owner of The Washington Post, Jeff Bezos, narrowed the topics covered by its opinion section Wednesday to defending personal liberties and the free market, a pivot away from its traditional broad focus and prompting the news outlet’s opinion editor to resign. Bezos, who also is the founder and largest individual shareholder of Amazon, said on X that “viewpoints opposing those pillars will be left to be published by others.” The move was received by some as an indication that Bezos is making decisions for the storied news outlet with an eye toward avoiding retaliation by President Donald Trump.

Shares of restaurant software company (NYSE:OLO) jumped 17.5% in the pre-market session after the company reported impressive fourth-quarter 2024 results that exceeded analysts' expectations for billings, revenue, and operating profits, while EPS was inline. Sales rose 21% year on year, driven by higher average revenue per unit and growth in active locations. However, net revenue retention declined to 115%, indicating that existing customers are not expanding usage as aggressively as before. Loo

Shares of fast-food chain Jack in the Box (NASDAQ:JACK) jumped 18.8% in the morning session after the company reported fourth-quarter results that exceeded analysts' expectations for same-store sales, EPS, and EBITDA. Additionally, its full-year EBITDA guidance came in above estimates, highlighting strong performance. Overall, this quarter had some key positives.

Federal layoffs, funding cuts, and tariffs are hitting across the board but especially in areas of the country that supported President Trump.

Shares of tax and accounting software provider, Intuit (NASDAQ:INTU) jumped 13.6% in the morning session after the company delivered strong fourth-quarter 2024 results, beating analysts' billings forecasts as revenue climbed 17% year on year. Growth came from a 19% jump in its Global Business Solutions Group, powered by QuickBooks and Mailchimp, while Credit Karma revenue soared 36%, driven by rising demand for credit cards and personal loans. Profits grew even faster. Operating income surged 61

Shares of aerospace and defense company AXON (NASDAQ:AXON) jumped 18.3% in the morning session after the company reported strong fourth-quarter results that blew past analysts' revenue, EPS, and EBITDA expectations. This is a relief for a stock that saw drastic recent declines as Wall Street firm Northcoast Research reported that Axon had lost an important partnership and that this former partner could turn into a competitor. As for the quarter, revenue surged 33%, marking Axon's third consecuti

Shares of specialty construction contractor company EMCOR (NYSE:EME) jumped 8.7% in the morning session after the company posted solid Q4 results, with full-year revenue guidance that significantly exceeded analysts' expectations. EPS also outperformed expectations, driven by higher operating income and improved margins. However, quarterly sales came in just shy of estimates. Overall, it was a strong quarter, with broad strength across key markets helping to balance out some segment-specific wea

Shares of self-storage and building solutions company Janus (NYSE:JBI) jumped 18% in the pre-market session after the company reported strong fourth quarter results which blew past analysts' revenue, EBITDA, and EPS expectations. Looking ahead, full-year revenue and EBITDA guidance also beat Wall Street's estimates. Overall, this was a strong quarter.

Bitcoin continued its downward trend on Wednesday, signaling that the Trump-driven crypto surge may have run its course. The leading crypto is 20% down from its all-time high that was reached just a month ago during Donald Trump’s inauguration. Currently, it is hovering around $86,000, down nearly 10% over the past week.