(Bloomberg) -- The International Monetary Fund upgraded its global growth forecast for this year, spurred by stronger-than-expected US demand and slowing inflation worldwide that will let central banks continue to cut interest rates.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWi
Litecoin ETF Push May Hinge on Trump's Love of Crypto
Canary Capital's filing comes days before the new administration's promise of sweeping changes for digital assets.
Fastenal Stock Drops as 'Soft Manufacturing Environment' Hits Q4 Results
Shares of Fastenal stumbled in premarket trading Friday after the industrial parts company's fourth-quarter results came in shy of analysts' expectations.
Optinose price target adjusted for stock split at Lake Street
Lake Street analyst Thomas Flaten lowered the firm’s price target on Optinose (OPTN) to $17 from $45 and keeps a Buy rating on the shares, saying that “in part accounting for the recent 1-for-15 reverse stock split, we revised our $3 price target to $17″ after OptiNose delivered preliminary XHANCE revenue for Q4 of $22.4M, which was above the firm’s and consensus estimates. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top
LM Funding reports bitcoin holdings valued at $15M as of December 31
Bruce Rodgers, Chairman and CEO of LM Funding (LMFA) remarked, “We are pleased with the continued progress and performance of our Bitcoin mining operations. As of December 31, 2024, we held 150.2 Bitcoin. In Q4 2024, we anticipate recognizing a Gain on Fair Value of Mined Bitcoin of approximately $4M on our Bitcoin holdings. This result further strengthens our confidence in our strategy and reinforces our belief in Bitcoin’s substantial growth potential as we enter 2025.” Published first on TheF
Huntington Bancshares' profit surges on strong capital markets, interest income growth
Capital markets and advisory fees jumped 74% to $120 million, while wealth and asset management revenue rose 8% to $93 million in the three months ended Dec. 31, Huntington said. These drove up the company's profit to $530 million, or 34 cents per share, from $243 million, or 15 cents, a year earlier. The profit also beat analysts' expectation of 31 cents, according to data compiled by LSEG.
Stablecoin Deals and China, Europe to Follow U.S. With Bitcoin Reserve: Wintermute Predictions
Wintermute report reviewed a strong 2024 as OTC volumes grew by 313%.