Category Archive: Finance, No picture
Salesforce.com Q3 Earnings Lag Estimates
Image Source: Unsplash Salesforce.com (CRM Quick QuoteCRM – Free Report) came out with quarterly earnings of $2.41 per share, missing the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.82%. A quarter ago, it […]
Grayscale files for Solana ETF as SOL token surges 6%
Key Takeaways Grayscale Investments filed to convert its Solana Trust into an ETF on NYSE Arca. Solana’s price surged 6% following Grayscale’s ETF filing. Share this article Grayscale Investments has filed to convert its existing Solana Trust into a spot ETF on NYSE Arca, as the firm seeks to expand its $134 million Solana investment […]
Lowe’s Companies Inc: Chart Analysis
Image Source: Unsplash Bob Lang gives technical analysis on the stock chart for LOW.Video Length: 00:02:02More By This Author:A Normalized Yield Curve Is Good For The Stock Market Sweetgreen Inc: Chart Analysis The Benefits Of Active Trading
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy
Key Takeaways Alex Mashinsky will plead guilty to two counts of fraud related to the Celsius bankruptcy. Celsius Network has shifted its focus to Bitcoin mining after exiting bankruptcy protection. Share this article Alex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney […]
US lawmaker Michael Collins revealed to be trading meme coin Ski Mask Dog
Key Takeaways US Representative Michael Collins invested $1,000 to $15,000 in the meme coin ‘Ski Mask Dog.’ Collins’ broader crypto portfolio includes investments in Aerodrome and Ether. Share this article Representative Michael Collins, a Georgia Republican, has disclosed trades in the meme coin “Ski Mask Dog,” according to financial reports filed with the House of […]
Ulta Beauty To Come Up With Q3 Earnings: Is A Beat Likely For ULTA?
Image Source: Unsplash Ulta Beauty, Inc. (ULTA – Free Report) is likely to register a top and bottom-line decline when it reports third-quarter fiscal 2024 earnings on Dec. 5. The Zacks Consensus Estimate for revenues is pegged at $2.48 billion, implying a 0.3% decrease from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in […]
Paul Atkins faces hesitation about taking SEC chair role, reports say
Key Takeaways Paul Atkins is hesitant to accept the role of SEC chair due to perceived mismanagement under Gary Gensler. Atkins is reluctant due to the workload and his current role at Patomak Global Partners. Share this article Paul Atkins, former SEC commissioner and crypto industry supporter, is reportedly hesitant to accept the role of […]
Food Prices Drive A Higher-than-Expected Rise In Turkish Inflation
Image Source: Unsplash Turkey’s inflation rate came in at 2.2% in November, higher than the market consensus (1.9%) and our call of 1.8%. However, the annual figure has maintained its declining trend and fell to 47.1% from 48.6% a month ago as a result of favourable base effects (inflation stood at 3.3% in November 2023). Cumulative inflation reached 47.1% vs […]
BREAKING: Trump picks pro-crypto Paul Atkins as SEC chair
Key Takeaways Donald Trump selected pro-crypto Paul Atkins for SEC chair, pending acceptance. Atkins, a former SEC commissioner, has supported the crypto industry and advised finance companies. Share this article President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner known for his support of crypto, to lead the Securities and Exchange Commission, Unchained […]
Trump’s Tariffs: Potential Impact On Gold & Silver
Image Source: Unsplash Over the past week, gold prices have remained steady, increasing slightly from USD $2627/oz to $2642/oz. Silver saw moderate gains as well, thanks to strong demand from industries like renewable energy and automotive manufacturing. Growing use of silver in green technologies and a global recovery in manufacturing supported this growth. However, increased silver […]
