Author: Fernanda T

U.S. index futures are mixed in pre-market trading on Monday following a week of solid gains on Wall Street, driven by positive economic data and renewed optimism. Investors are cautiously awaiting Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole this week as the market seeks clues about the future direction of interest rates. As…

New York Stock Exchange and Nasdaq withdraw crypto ETF options listing requests The NYSE and Nasdaq International Securities Exchange have withdrawn three requests to list options for Bitcoin and Ethereum ETFs, according to recent regulatory filings. These withdrawals follow a pattern of applications and adjustments surrounding crypto ETF options in the U.S. Exchanges are striving…

U.S. stock futures edged higher in pre-market trading on Friday, indicating a recovery week. Investor optimism was fueled by consecutive gains in the S&P 500 and Nasdaq, positive retail sales and jobless claims data, and expectations of interest rate cuts. At 5:08 AM ET, Dow Jones futures (DOWI:DJI) rose 51 points, or 0.13%, S&P 500…

H&R Block (NYSE:HRB) – The tax preparation services company reported fourth-quarter fiscal revenue of $1.063 billion and earnings per share of $1.89, exceeding forecasts of $1.028 billion and $1.74, respectively. For 2025, the company projects revenue between $3.69 billion and $3.75 billion, with earnings per share between $5.15 and $5.35, also above estimates. The company…

Bitcoin’s drop impacts other tokens after US CPI release Bitcoin (COIN:BTCUSD) fell below $58,000, hitting $57,800 in the last 24 hours. This drop dragged other cryptocurrencies down. TonCoin (COIN:TONCOINUSD), Polygon (COIN:MATICUSD), and Near Protocol (COIN:NEARUSD) fell more than 5%. Solana (COIN:SOLUSD), Ethereum (COIN:ETHUSD), Mantle (COIN:MNTLLUSD), and Uniswap (COIN:UNIUSD) lost over 4%. DogeCoin (COIN:DOGEUSD), Maker (COIN:MKRUSD),…

U.S. index futures rose slightly in Thursday’s pre-market trading, driven by signs of easing inflation and a rebound in stocks after a week of heavy global sell-offs. Positive inflation data and strong performances from companies like Cisco (NASDAQ:CSCO) and Ulta Beauty (NASDAQ:ULTA) boosted investor confidence, while the Federal Reserve may consider lowering interest rates at…

Cisco Systems (NASDAQ:CSCO) – The networking and IT solutions company reported adjusted earnings of 87 cents per share on revenue of $13.64 billion, while analysts surveyed by LSEG expected it to earn 85 cents per share on revenue of $13.54 billion. Cisco also announced a $1 billion restructuring plan and a 7% reduction in its…