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Cryptocurrencies
Dogecoin App Layer Coming As DogeOS Raises $6.9 Million — Why It Matters
DogeOS, the new application layer that aspires to give Dogecoin full-fledged utility beyond tipping and trading, has closed a $6.9 million seed round led by Polychain Capital. The funding marks the first time an independent development stack focused exclusively on Dogecoin has attracted institutiona...Bitcoinist
Thu, May 8
Stocks
Market recession indicators: dissecting the signal from the noise
Trade tensions push global recession riskRecession can still be avoided, analysts sayStocks bounce back but earnings season offers some insightsBy Dhara Ranasinghe and Stefano Rebaudo LONDON, May 8 (Reuters) - Global recession risks have shot back up markets' worry list, but the readout from ...Reuters
Thu, May 8
Cryptocurrencies
Arizona signs new law to secure unclaimed digital assets and establish Bitcoin Reserve Fund
Governor Katie Hobbs of Arizona signed House Bill 2749 on Wednesday. This bill allows Arizona to claim ownership of abandoned digital assets if the owner fails to respond to communications within three years.
Fxstreet
Thu, May 8
Stocks
WiseTech in position to consider E2open buyout, says Morgan Stanley; stock up
** WiseTech Global WTC.AX rises 3.3%** Australian cloud computing firm in financial position to explore all software opportunities in the supply chain ecosystem, Morgan Stanley says** Notes co in net-cash position; can generate significant free cash-flow** Adds it has successful track record of M&am...Reuters
Thu, May 8
Stocks
Coherent Corp reports results for the quarter ended March 31 - Earnings Summary
Coherent Corp COHR.N reported quarterly adjusted earnings of 91 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 86 cents per share. Wall...Reuters
Thu, May 8
Stocks
Civitas Resources Inc reports results for the quarter ended March 31 - Earnings Summary
Civitas Resources Inc CIVI.N reported quarterly adjusted earnings of $1.77 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.74. The mean expectation of sixteen analysts for the quarter was for earnings of $1.64 per share. Wall St...Reuters
Thu, May 8
Commodities
PRESS DIGEST-Financial Times - May 8
May 8 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Iberdrola secures 600 million pounds loan from UK state fund to upgrade power grid- Orsted halts work on vast UK wind farm citing rising...Reuters
Thu, May 8
Stocks
Kyndryl Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Kyndryl Holdings Inc KD.N reported quarterly adjusted earnings of 28 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of five analysts for the quarter was for earnings of 36 cents per share. Wa...Reuters
Thu, May 8
Stocks
Primerica Inc reports results for the quarter ended March 31 - Earnings Summary
Primerica Inc PRI.N reported quarterly adjusted earnings of $5.02 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $3.91. The mean expectation of nine analysts for the quarter was for earnings of $4.78 per share. Wall Street expect...Reuters
Thu, May 8
Stocks
Marqeta Inc reports results for the quarter ended March 31 - Earnings Summary
Marqeta Inc MQ.OQ reported a quarterly adjusted loss of 2 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 4 cents per share. Wall Street e...Reuters
Thu, May 8
Stocks
Inspirato Inc reports results for the quarter ended March 31 - Earnings Summary
Inspirato Inc ISPO.OQ reported quarterly adjusted earnings of 14 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 36 cents per share. Revenue was $65.89 million; analysts expected $68.20 million. Inspirato Inc shares had fallen by 20.5% ...Reuters
Thu, May 8
Stocks
HA Sustainable Infrastructure Capital Inc reports results for the quarter ended March 31 - Earnings Summary
HA Sustainable Infrastructure Capital Inc HASI.N reported quarterly adjusted earnings of 64 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of sixteen analysts for the quarter was for earnings o...Reuters
Thu, May 8
Cryptocurrencies
Ethereum Price Ready to Surge—$2,000 Level Could Be Within Reach
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance. The price is trading above $1,820 and the 100-hourly Simple Moving Average. There is a connecting bu...NewsBTC
Thu, May 8
Stocks
Armada Hoffler Properties Inc reports results for the quarter ended March 31 - Earnings Summary
Armada Hoffler Properties Inc AHH.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 17 cents. The lone analyst forecast for the quarter was for earnings of 2 cents per share. Revenue ro...Reuters
Thu, May 8
Stocks
Japan's Nikkei rises; NTT Data set to surge on takeover report
TOKYO, May 8 (Reuters) - Japan's Nikkei share average edged up on Thursday as chip-related shares tracked a rally in U.S. semiconductor stocks, while NTT Data was set for a 17% jump following a takeover report.The Nikkei .N225 added 0.23% to 36,863.15 by the midday break, after breaking a seven-...Reuters
Thu, May 8
Other
Boeing proposes 2027 delivery date for new Air Force One jets, official says
By Jasper Ward WASHINGTON, May 7 (Reuters) - Boeing BA.N has proposed delivering its delayed new version of Air Force One in 2027, a U.S. Air Force official said on Wednesday.President Donald Trump negotiated with Boeing for a pair of new 747-8 aircraft during his 2017-2021 first administration. ...Reuters
Thu, May 8
Stocks
Fortinet Inc reports results for the quarter ended March 31 - Earnings Summary
Fortinet Inc FTNT.OQ reported quarterly adjusted earnings of 58 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of thirty six analysts for the quarter was for earnings of 53 cents per share. Wa...Reuters
Thu, May 8
Stocks
BGSF Inc reports results for the quarter ended March 31 - Earnings Summary
BGSF Inc BGSF.N reported a quarterly adjusted loss of 7 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -18 cents to -4 ce...Reuters
Thu, May 8
