US will revise Biden-era offshore oil and gas bonding rule
The move is aligned with President Donald Trump's push to reduce federal regulations and boost domestic energy production.
The move is aligned with President Donald Trump's push to reduce federal regulations and boost domestic energy production.
“The data is almost secondary at this point,” JPMorgan’s Bill Eigen said in a television interview Friday, before the jobs report came out.
The IRS has relied on voluntary disclosure programs to bring taxpayers into compliance rather than imposing punitive actions upfront. A similar model should be applied to crypto regulation as well, says Miles Fuller, Director of Government Solutions, TaxBit.
Duolingo shares soared to a record high Friday, a day after the language education platform topped estimates for the first quarter.
MGX, a fund backed by Abu Dhabi, will make a $2 billion investment in the cryptocurrency exchange Binance Holdings Ltd using a digital coin developed by a Trump family firm.
Shares of streaming TV platform Roku (NASDAQ: ROKU) fell 11.2% in the morning session after the company reported weak first quarter 2025 results: its revenue outlook for next quarter missed significantly, and it pulled its full-year guidance for advertising revenue, raising concerns about visibility into a core part of its business. On the other hand, Roku blew past analysts' EPS expectations this quarter. Still, this was a softer quarter.
Shares of live sports and TV streaming service fuboTV (NYSE:FUBO) fell 14.9% in the morning session after the company reported underwhelming first quarter 2025 results with revenue missing analysts' estimates significantly.
Shares of diagnostic company Exact Sciences Corporation (NASDAQ:EXAS) jumped 15.2% in the morning session after the company reported strong first quarter 2025 results which beat analysts' revenue and EBITDA expectations and included full-year revenue guidance that slightly exceeded Wall Street's estimates. Sales grew 11% from the previous year, driven by a 14% rise in screening revenue, while precision oncology grew more modestly at 4% on a core basis. The sales bump largely came from the expans
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 10.5% in the morning session after Stifel analysts upgraded the stock from Hold to Buy and set a price target of $123 which implied more than a 20% upside.
Shares of language-learning app Duolingo (NASDAQ:DUOL) jumped 18.6% in the afternoon session after the company reported strong first-quarter 2025 results, which significantly beat analysts' sales, earnings, and EBITDA expectations. Revenue rose 38% from the same period last year, led by a 45% increase in subscription revenue as more learners opted into premium plans like Duolingo Max. The real story was the record surge in user engagement, with daily active users jumping 49% and paid subscribers