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Lemonade Inc expected to post a loss of 60 cents a share - Earnings Preview
Lemonade Inc LMND.N, LMND.K is expected to show a rise in quarterly revenue when it reports results on February 25 for the period ending December 31 2024The New York City-based company is expected to report a 25.5% increase in revenue to $144.927 million from $115.5 million a year ago, according t...Reuters
Fri, Feb 21
Other
US spy agency data on DOGE website was 'unclassified' but not meant for public release
Adds White House comments in paragraph 3, background on SpaceX and the NRO in paragraph 5By AJ Vicens Feb 21 (Reuters) - Data posted to the Department of Government Efficiency's website detailing headcount and total wages for the National Reconnaissance Office is not classified, but was not i...Reuters
Fri, Feb 21
Other
SBA Communications Corp expected to post earnings of $2.07 a share - Earnings Preview
SBA Communications Corp SBAC.OQ SBAC.O is expected to show a rise in quarterly revenue when it reports results on February 24 for the period ending December 31 2024The Boca Raton Florida-based company is expected to report a 1.0% increase in revenue to $682.028 million from $675.02 million a year ...Reuters
Fri, Feb 21
Stocks
US STOCKS-Wall Street ends sharply lower on mounting concerns over economy, tariffs
Indexes post steep weekly percentage losses Consumer sentiment sours, inflation expectations riseUnitedHealth drops after report of DOJ investigationUpdates to market closeBy Stephen Culp NEW YORK, Feb 21 (Reuters) - U.S. stocks tumbled on Friday, extending their selloff in the wake of dour econo...Reuters
Fri, Feb 21
Cryptocurrencies
Coinbase CEO’s Hot Take: Bitcoin Is Basically A ‘Meme Coin’
Brian Armstrong, the CEO of Coinbase, has recently made an audacious statement regarding Bitcoin that has caused quite a stir in the crypto industry. He recently proposed that Bitcoin could be regarded as “somewhat of a meme coin,” which sparked a debate among enthusiasts, analysts, and ...NewsBTC
Fri, Feb 21
Cryptocurrencies
North Korea’s Lazarus Group exposed as the group behind Bybit hack
Bybit got ripped apart by hackers today, and now we know exactly who did it. The infamous Lazarus Group, North Korea’s state-backed cybercriminal syndicate, has been exposed as the masterminds behind the $1.5 billion Bybit exploit, which is the largest crypto theft in history. The confirmation came from ZachXBT, one of the most respected on-chain […]Cryptopolitan
Fri, Feb 21
Other
Exclusive: Axis recruits Corvus’ Palumbo to replace Tenenbaum as NA head of cyber claims
By James Thaler, Isha MaratheFeb 21 - (The Insurer) - Axis has hired Jaime Palumbo from Travelers-owned cyber insurtech MGA Corvus as the Bermuda-based insurer's new North America head of cyber claims, replacing Scott Tenenbaum, who recently joined Resilience in a similar role.Boston-based Palu...Reuters
Fri, Feb 21
Other
US proposes rival UN action on Ukraine, pitting it against Europe
UN to mark third anniversary of Russia's war in Ukraine on Monday UN General Assembly to vote on Ukraine, EU draft resolution Rival US draft resolution 'implores a swift end to the conflict'By Michelle Nichols UNITED NATIONS, Feb 21 (Reuters) - The United States has proposed a draft U...Reuters
Fri, Feb 21
Stocks
Why Lucid Stock Is Sinking Today
Lucid (NASDAQ: LCID) stock is heading lower in Friday's trading amid a day of big sell-offs for the broader market. The electric vehicle (EV) specialist's share price was down 7.6% as of 3:40 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 1.7%, and the Nasdaq Composite (NASDAQINDEX: ^IXI...The Motley Fool
Fri, Feb 21
Other
IRS blocks Musk aide from accessing taxpayer data
IRS blocks Musk aide from accessing individual taxpayer dataAgreement would seem to avert 'worst-case scenario' feared by IRS executivesIRS plans to terminate 6,700 employees as part of government downsizingAdds details on agreement throughoutBy Nathan Layne Feb 21 (Reuters) - The U.S. In...Reuters
Fri, Feb 21
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...Reuters
Fri, Feb 21
Cryptocurrencies
White House and US Treasury rein in D.O.G.E’s access to IRS systems
The White House and Treasury Department have officially shut down D.O.G.E’s access to sensitive IRS tax data today. According to a report from Politico, the agreement came through a memorandum of understanding designed to block D.O.G.E from getting their hands on individual taxpayer records. The decision comes after weeks of growing outrage in Washington, where […]Cryptopolitan
Fri, Feb 21
Commodities
CBOT wheat ends firmer on short covering, fund buying
CHICAGO, Feb 21 (Reuters) - Chicago Board of Trade wheat futures finished higher on Friday on short covering and buying by commodity funds, traders said.The market rebounded after declining during the previous two sessions.The U.S. Department of Agriculture reported net old-crop U.S. wheat export sa...Reuters
Fri, Feb 21
Other
Judge clears way for USAID to put more than 2,000 employes on leave
Feb 21 (Reuters) - A federal judge on Friday declined to block the Trump administration from putting more than 2,000 U.S. Agency for International Development workers on leave, a setback for government employee unions suing over what they have called an effort to dismantle the foreign aid agency.Reuters
Fri, Feb 21
Stocks
Why Booz Allen Hamilton, SAIC, and Other Government Contractors Are Down Today
The U.S. Department of Defense has launched a massive review of consulting services contracts, with an eye toward making cuts.Investors are concerned about the implications for the companies providing those services. Shares of Booz Allen Hamilton (NYSE: BAH) and Science Applications International (N...The Motley Fool
Fri, Feb 21
Cryptocurrencies
Binance, Bitget transfer over 50,000 ETH to Bybit cold wallets
Today, Bybit experienced a massive hack from Lazarus Group that wiped out 400,000 ETH worth around $1.5 billion from its cold wallets today and shortly after said it was gonna get some loans to settle users. An hour after that, Binance and Bitget stepped in, sending over 50,000 ETH straight into Bybit’s wallets, effectively acting as […]Cryptopolitan
Fri, Feb 21
Other
Man who stabbed novelist Salman Rushdie guilty of attempted murder
Adds comment from prosecutor and defense lawyer in paragraphs 7- 10By Aleksandra Michalska and Jonathan Allen MAYVILLE, New York, Feb 21 (Reuters) - Hadi Matar, the man who stabbed and partially blinded the novelist Salman Rushdie onstage at a New York arts institute, was found guilty on Friday...Reuters
Fri, Feb 21
Other
Trump to use CFIUS to restrict Chinese investments in strategic areas, White House official says
WASHINGTON, Feb 21 (Reuters) - President Donald Trump will sign a memorandum on Friday that will direct the Committee on Foreign Investment in the United States to restrict Chinese investments in strategic areas, a White House official said. The national security memorandum is aimed at aimed at pr...Reuters
Fri, Feb 21
