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Cryptocurrencies
Montana Bitcoin reserve fund voted down, making it the 5th state to consider, reject it
A proposal in the Montana House of Representatives to introduce a state Bitcoin reserve fund has failed. The Inflation Protection Act, as it was called, was passed by the House Business and Labor Committee, but voted down by the full House on its second reading on Feb. 22. The bill would have established a special revenue account […]
Cryptopolitan
Tue, Feb 25
Economic Indicator
Japan's corporate service inflation accelerates to 3.1% y/y in January
TOKYO, Feb 25 (Reuters) - A leading indicator of Japan's service-sector inflation in January accelerated to 3.1% from a year earlier as prices for a wide range of services continued to rise, keeping alive expectations of further interest rate hikes by the central bank.Service-sector inflation is...
Reuters
Tue, Feb 25
Cryptocurrencies
The cryptocurrency space gets a taste of AI industry-style self-regulation under the Trump administration
The Trump administration appears to be trying a similar hands-off approach with the crypto industry. In the last week alone, the SEC dropped investigations into major players, Robinhood and Coinbase.
Cryptopolitan
Tue, Feb 25
Other
Tesla to add city navigation feature to software in China, sources say
SHANGHAI, Feb 25 (Reuters) - Tesla TSLA.O plans to update software in cars in China to add driving-assistance capabilities that will help drivers navigate city streets, according to a company notification and two people with direct knowledge of the matter.The U.S. automaker on Monday notified Chines...
Reuters
Tue, Feb 25
Stocks
Why Altcoins Were Having a Serious Case of the Mondays Today
The cryptocurrency market, rocked by a high-profile hack Friday morning, continued to be in hangover mode as the work week started. On Monday, a vast number of digital coins and tokens continued to lose value, some even at double-digit percentage rates.Leading altcoin Ethereum (CRYPTO: ETH) -- the t...
The Motley Fool
Tue, Feb 25
Stocks
Spin Master Corp reports results for the quarter ended December 31 - Earnings Summary
Spin Master Corp TOY.TO reported quarterly adjusted earnings of 55 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of five analysts for the quarter was for earnings of 68 cents per share. Wa...
Reuters
Tue, Feb 25
Stocks
DMC Global Inc reports results for the quarter ended December 31 - Earnings Summary
DMC Global Inc BOOM.OQ reported quarterly adjusted earnings of 9 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall S...
Reuters
Tue, Feb 25
Stocks
What's Cooking at Toast?
In this podcast, Motley Fool analyst Tim Beyers and host Mary Long break down the latest earnings report from restaurant tech company Toast and discuss Microsoft's latest development in quantum computing.Then, Motley Fool analyst Kirsten Guerra joins Mary to check in on Roblox, how it stacks up agai...
The Motley Fool
Tue, Feb 25
Stocks
Goosehead Insurance's EPS Surges in Q4
Goosehead Insurance (NASDAQ:GSHD) announced its results for the fourth quarter after the close of trading on Feb. 24. The personal lines insurance agency reported adjusted earnings per share (EPS) of $0.79, well in excess of the estimated $0.40. Revenue growth for the quarter was likewise strong, re...
The Motley Fool
Tue, Feb 25
Economic Indicator
BoE's Dhingra: We are already at high level of monetary policy restrictiveness
Bank of England Monetary Policy Committee (MPC) external member Swati Dhingra said late Monday that the monetary policy restrictiveness is at a "high level" already.
Fxstreet
Tue, Feb 25
Other
Arizona latest state to consider bounties to aid Trump deportations
By Andrew HayFeb 24 (Reuters) - Arizona's legislature is set to vote on legislation to pay police $2,500 for every illegal immigrant they help deport, marking it the latest U.S. state to consider bounties to support President Donald Trump's hardline immigration policies.Arizona's so-call...
Reuters
Tue, Feb 25
Other
MEDIA-Advent taps Morgan Stanley for $5 billion IPO or sale of Prisma - Bloomberg News
-- Source link: https://tinyurl.com/2aqhz2d6-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, Feb 25
Stocks
Google's AI previews erode the internet, US edtech company says in lawsuit
Chegg says AI overviews have taken its web trafficPublishers will lose incentive to keep internet aliveLawsuit first standalone antitrust action over Google AIAdds Chegg exploring sale in paragraph 4, comment from Google in paragraphs 5-6, Chegg closing price in paragraph 7, bulletsBy Jody Godoy ...
Reuters
Tue, Feb 25
Stocks
Chegg: Revenue Beat, Subscriber Loss
Chegg (NYSE:CHGG), a provider of educational technology and services, released its Q4 2024 earnings on Feb. 24, 2025. The report highlights a period of transition, with revenue slightly beating analyst expectations but falling short of last year's results. Diluted Non-GAAP Earnings Per Share (EPS) s...
The Motley Fool
Tue, Feb 25
Other
Northwest Pipe Co
expected to post earnings of 91 cents a share - Earnings Preview
Northwest Pipe Co NWPX.OQ NWPX.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024The Vancouver Washington Washington-based company is expected to report a 9.2% increase in revenue to $120.335 million from $110.16 million ...
Reuters
Tue, Feb 25
Economic Indicator
Fed needs more clarity before it can go back to cutting rates, says Goolsbee
Feb 24 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic impact of the Trump administration's new policies including tariffs, immigration, tax cuts, go...
Reuters
Tue, Feb 25
Economic Indicator
Fed's Goolsbee: Supports wait-and-see on Trump policies
Federal Reserve Bank of Chicago President Austan Goolsbee said late Monday that the US central bank needs more clarity before going back to cut the interest rates.
Fxstreet
Tue, Feb 25
Stocks
Ziff Davis Inc reports results for the quarter ended December 31 - Earnings Summary
Ziff Davis Inc ZD.OQ reported quarterly adjusted earnings of $2.58 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.33. The mean expectation of six analysts for the quarter was for earnings of $2.63 per share. Wall Street exp...
Reuters
Tue, Feb 25
Other
Musicians release silent album to protest UK's AI copyright changes
By Sam Tabahriti LONDON, Feb 25 (Reuters) - More than 1,000 musicians including Kate Bush and Cat Stevens on Tuesday released a silent album to protest proposed changes to Britain's copyright laws which could allow tech firms to train artificial intelligence models using their work.Creative i...
Reuters
Tue, Feb 25
Cryptocurrencies
Bitcoin Retail Demand Levels Return to Neutral Zone—What Next?
Bitcoin’s price performance remains under pressure, with the asset experiencing a drop of 2.3% over the past week. This decline pushes BTC’s value even further from its January all-time high of over $109,000. Amid the bearish momentum, analysts are observing signs of renewed interest from retail inv...
NewsBTC
Tue, Feb 25
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