Former U.S. President Donald Trump on Wednesday publicly endorsed cryptocurrency, declaring it a significant election issue—a move that contrasts with President Joe Biden‘s perceived unfamiliarity with the crypto world. What Happened: In a series of video clips uploaded by Frank…
US Foods Holding Corp (NYSE:USFD) shares are trading higher after the company reported first-quarter FY24 sales growth of 4.8% year-on-year to $8.95 billion, beating the analyst consensus estimate of $8.91 billion. Total case volume rose 4.2%, and independent restaurant case volume grew…
Warner Music Group Corp (NASDAQ:WMG) shares were trading lower on Thursday after the company reported fiscal second-quarter 2024 results. GAAP EPS of $0.18 beat the analyst consensus estimate of $0.16. Revenue grew 7% year-on-year (Y/Y) to $1.49 billion, beating the analyst consensus estimate of…
Hyatt Hotels Corporation (NYSE:H) shares are trading lower after the company reported first-quarter adjusted EPS below street view. The company reported first-quarter FY24 sales growth of 2% year-on-year to $1.714 billion, beating the analyst consensus estimate of $1.707 billion. Comparable system-wide RevPAR…
Tech billionaire Elon Musk opened up about the three troubling things that keep him up at night and the one thing that is his biggest source of joy. Speaking at the Milken Institute's 27th Global Conference, the Tesla Inc. CEO…
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $64,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,100 mark this morning. Worldcoin (CRYPTO: WLD) was the top gainer over the…
Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), the investment firm led by Warren Buffett, will be reporting first-quarter earnings on Saturday, May 4. Wall Street expects $4.57 in EPS and $80.41 billion in revenues as the company reports before market hours. The…
Kellanova (NYSE:K) reported a first-quarter FY24 sales decline of 4.3% year-on-year to $3.20 billion, beating the analyst consensus estimate of $3.16 billion. While net sales in the first quarter were negatively impacted by adverse currency translation and the 2023 divestiture of its business in…
In an escalation of tensions between Congress and the U.S. Securities and Exchange Commission (SEC), Patrick McHenry (R-N.C.), Chair of the House Financial Services Committee, has openly criticized SEC Chair Gary Gensler for his evasive responses during a congressional hearing.…
The launch of the first Bitcoin (CRYPTO: BTC) and Ethereum spot ETFs in Hong Kong marked a modest start, with a total trading volume of just 87.58 million HK$ ($12 million) as markets closed today. What Happened: This figure pales…