Bitcoin has experienced a surge of over 8% this week, almost reaching its all-time high on Tuesday. The original cryptocurrency surpassed $73,000 before seeing a slight decrease in gains on Wednesday as the crypto industry anticipates a victory for Republican presidential candidate Donald Trump. Optimistic crypto enthusiasts are forecasting that Bitcoin will hit a new … Read more
Reddit Inc. experienced a significant increase in its shares, rising by as much as 22% during after-hours trading on Tuesday following the company’s impressive sales and forecast that exceeded analyst expectations. Since its initial public offering in March, the social network operator reported sales of $348.4 million for the quarter ending in September, surpassing the … Read more
We achieved record full-year revenues of $2.427 billion, marking an 8.7% increase from the previous fiscal year. Our fourth quarter revenues rose to $639.9 million, a 11.9% increase, with net income at $44.6 million. Adjusted EBITDA for the quarter increased to $95 million, up 32.5% year-over-year. Looking ahead to fiscal 2025, we project revenue to … Read more
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Nvidia (NVDA) achieved a new all-time high on Monday as investors await the upcoming earnings reports from Big Tech companies in November. The chipmaker’s stock surged 4.14% to close at $143.71 per share, with its shares continuing to rise in after-hours trading. Earlier in the day, Nvidia’s stock hit an intraday high of $142.46, as … Read more
As a result of the record volumes, Union Pacific has made operational changes to accommodate the increased traffic. We have made adjustments to train schedules to help manage the increased volume and keep our network fluid, the spokesperson said. We are working closely with our customers to ensure that we are meeting their needs and … Read more
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were on track for their largest weekly decline in over a month due to concerns of reduced demand. Crude futures climbed 16 cents, or 0.2%, to $74.61 … Read more
Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more