Casual restaurant chain Brinker International (NYSE:EAT) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 26.5% year on year to $1.36 billion. The company’s full-year revenue guidance of $5.2 billion at the midpoint came in 6.1% above analysts’ estimates. Its non-GAAP profit of $2.80 per share was 50.9% above analysts’ consensus estimates.
ASML Stock Jumps as Strong AI Demand Lifts Bookings
ASML Holding shares are surging 6% in intraday trading Wednesday after the Dutch semiconductor-gear manufacturer reported better-than-expected fourth-quarter results.
Crypto.com Will Suspend Tether, PayPal Stablecoin Services in Europe Due to MiCA
From Jan. 31, Crypto.com will no longer offer certain services from stablecoins, like Tether USDT, Paypal USD, Pax dollar, alongside Crypto.com Staked ETH and Crypto.com Staked SOL.
Crypto Exchanges Bitstamp and Crypto.com Suspend Stablecoins to Meet MiCA RulesA
From Jan. 31, Bitstamp and Crypto.com will no longer offer certain services from stablecoins, like Tether USDT, Paypal USD.
Goldman Strategists Say Tech Selloff Was No Bear Market Signal
(Bloomberg) -- The tech-led selloff in US equities at the start of this week was just a blip, given the positive outlook for the economy, according to Goldman Sachs Group Inc. strategists.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineHousing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnson, Guggenheim CEO
Wall Street braces for oil refiners' lower Q4 earnings, tariff plans
Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand softened, while seeking clarity on the sector's preparations for President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. U.S. refiners have seen earnings slide from record levels in 2022, when a recovery in demand following the COVID-19 pandemic and Russia's invasion of Ukraine drove up fuel prices. That demand has since slowed, and now Trump's promise to set a 25% tariff on oil imports from Canada and Mexico by Feb. 1 could further hit profits by driving up the cost of crude.
Got $1,000? This 1 Red-Hot Cryptocurrency Is a Screaming Buy in 2025
Few major cryptocurrencies have as favorable a setup as Solana's (CRYPTO: SOL). Between the chain's inexpensive gas fees, snappy transaction speeds, and collection of low-friction applications for investors, there's a lot to like about it already. Perhaps the largest catalyst that's inbound for Solana, potentially within the coming months, is the approval of exchange-traded funds (ETF) that hold the coin directly.