Cybersecurity company CrowdStrike (NASDAQ:CRWD) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 25.2% year on year to $1.06 billion. The company expects next quarter’s revenue to be around $1.10 billion, close to analysts’ estimates. Its non-GAAP profit of $1.03 per share was 19.9% above analysts’ consensus estimates.
Residential swimming pool manufacturer Latham (NASDAQ:SWIM) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 4% year on year to $87.27 million. The company’s full-year revenue guidance of $550 million at the midpoint came in 3.8% above analysts’ estimates. Its GAAP loss of $0.25 per share was 93.3% below analysts’ consensus estimates.
Ohanian posted Tuesday on X that he’s looking to bring TikTok “on-chain.”
Off-price retail company Ross Stores (NASDAQ:ROST) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.8% year on year to $5.91 billion. On the other hand, next quarter’s revenue guidance of $4.79 billion was less impressive, coming in 6.9% below analysts’ estimates. Its GAAP profit of $1.79 per share was 7.9% above analysts’ consensus estimates.
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
Wall Street’s flagship stock market has lost all its gains since the election of Donald Trump in November after the US imposed tariffs on its closest allies and China.
Investors weighed Canada and China's response to President Donald Trump's delivery of new tariffs
With the crypto market recording $1 billion in liquidations over the last 24 hours, Bitcoin miners are seeing stock prices plummet.
(Bloomberg) -- Federal Reserve Bank of New York President John Williams said he anticipates tariffs will contribute to inflation, but emphasized there is a lot of uncertainty about how the economy will respond to President Donald Trump’s levies. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than Recommende
Billionaire investor Bill Gross told BI that he's worried about tariffs stoking inflation and choking growth, and recommended four defensive stocks.
