Category Archive: Finance, No picture
S&P 500 Earnings Dashboard 24Q3 – Friday, Nov. 1
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 8.4%. Excluding the energy sector, the Y/Y earnings estimate is 11.2%. Of the 349 companies in the S&P 500 that have reported earnings to date for 24Q3, 77.1% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 4.8%. If the energy sector is […]
SEC ordered to file Ripple appeal brief by Jan. 15, 2025
Key Takeaways The SEC must file its opening brief in the Ripple appeal by January 15, 2025. Ripple’s chief legal officer confirms appeal doesn’t challenge XRP’s security status. Share this article The United States Court of Appeals for the Second Circuit has ordered the SEC to submit its opening brief in its appeal against Ripple […]
Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy
Key Takeaways Metaplanet stock surged 1,017% after adopting a Bitcoin strategy, becoming Japan’s best-performing stock in 2024. The firm has accumulated over 1,000 BTC with unrealized gains of $8 million due to rising Bitcoin prices. Share this article Metaplanet’s Bitcoin adoption has sent its stock soaring around 1,017% so far this year, making it the […]
FTSE Recovers From Three Month Lows
The UK’s FTSE 100 index moved higher on Friday, recovering from near three-month lows reached Thursday, as advances in Reckitt Benckiser and energy stocks countered concerns over inflation caused by Britain’s budget. Rachel Reeves attracted criticism for her first budget, which was heavy on spending, tax increases, and borrowing and short on economic growth. Both […]
Trump’s VP pick JD Vance owns up to $500,000 in Bitcoin
Key Takeaways Vance’s Bitcoin holdings are valued between $250,000 and $500,000. His fortune is significantly higher than the median US household net worth. Share this article J.D. Vance, Donald Trump’s vice presidential pick, holds between $250,000 and $500,000 in Bitcoin, according to federal disclosure forms filed in August, first reported by CBS News.His BTC holdings […]
Cardinal Health Q1 Earnings And Revenues Beat Estimates
Image Source: Unsplash Cardinal Health (CAH – Free Report) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.63%. A quarter ago, it was […]
ExxonMobil Achieves $1.92 EPS In Third Quarter 2024, Slight Miss On Revenue
Image Source: Unsplash ExxonMobil (NYSE: XOM) has reported its third-quarter 2024 earnings, showcasing a robust performance driven by strategic transformations across its operations. The company announced earnings of $8.6 billion or $1.92 per diluted share, with cash flow from operating activities reaching $17.6 billion. This quarter marked the highest liquids production in over four decades, averaging 3.2 million […]
SingularityDAO merges with Cogito Finance and SelfKey following community approval
Key Takeaways SingularityDAO merges with Cogito Finance and SelfKey to form Singularity Finance. The merger enhances SingularityDAO’s AI portfolio management with SelfKey and Cogito’s RWA tokenization and identity solutions. Share this article SingularityDAO token holders have approved a merger with Cogito Finance and SelfKey to form Singularity Finance, an EVM layer 2 platform focused on […]
Median Household Income In September 2024
Motio Research’s initial estimate of U.S. median household income in September 2024 is $82,173. This figure is $745 (0.9%) higher than the firm’s initial estimate of median household income in August 2024 of $81,562.Motio Research’s estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population Survey. The firm […]
Daily Market Outlook – Friday, Nov. 1
Image Source: Unsplash With global markets in a sea of red and US Treasury rates close to three-month highs on Friday, Asian markets began the potentially volatile month warily as investors awaited U.S. payroll data, even though a rate cut is widely expected next week. Ahead of Tuesday’s U.S. presidential election and the Federal Reserve’s policy […]
