Author: Fernanda T
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Meta Platforms Surges Over 17% with Q4 Earnings Beat and First-Ever Dividend Announcement
Meta Platforms (NASDAQ:META) exceeded earnings and revenue estimates in its fourth-quarter report on Thursday and announced its inaugural dividend payment, propelling its shares to soar more than 17% in response. Meta Platforms is also traded on the B3 through BDR (BOV:M1TA34). Meta reported earnings of $5.33 per share against the $4.96 per share expected by…
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Crypto: Tether Records Historic Profit, Co-founder of Ripple’s Accounts Breached, and More
Bitcoin stabilizes after bear resistance Bitcoin (COIN:BTCUSD) has plateaued after bears blocked its growth, keeping the price at $43,578 with a 1.44% increase in the last 24 hours. Analyst Ali Martinez sees this level as a buying opportunity, especially after the MVRV index fell below the 90-day average, indicating potential recovery. On the other hand,…
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U.S. Futures Waver Ahead of Fed Decision Amid Mixed Corporate Earnings; Oil Prices Slide
U.S. futures are mixed in Wednesday’s pre-market ahead of the Federal Reserve announcement, with expectations focused on interest rate maintenance and future monetary policy guidance by Jerome Powell. Meanwhile, Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) are experiencing declines following mixed results. As of 05:37 AM, Dow Jones futures (DOWI:DJI) rose by 25 points, or 0.06%. S&P…
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Walmart’s Stock Split, Elon Musk’s Billion-Dollar Package Revoked, and More
Walmart (NYSE:WMT) – Walmart announced a 3-for-1 stock split as part of its review of trading levels and spread. This will increase the shares in circulation to approximately 8.1 billion, with distribution after the close on February 23. Tesla (NASDAQ:TSLA) – Elon Musk’s $55 billion compensation package at Tesla Inc. was voided by a Delaware…
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Crypto: Abracadabra Finance Assets Affected by Hack, Invesco and Galaxy Reduce Fees, and More
Jump in Solana’s transaction volume in January The Solana blockchain witnessed a significant increase in transaction volume in January, reaching $951.9 billion, a 30% growth compared to December’s volume. This surge marks a significant recovery in network activity, surpassing the levels of 2022 and 2023 by a wide margin. Contributing to this wave, the value…
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U.S. Futures Dip Ahead of Housing, Employment Data, Oil Prices Slightly Up
U.S. index futures are down in Tuesday’s pre-market as investors await today’s data on housing, employment, and consumer confidence, anticipating tomorrow’s monetary policy announcement. At 6:03 AM, Dow Jones futures (DOWI:DJI) dropped 56 points, or 0.15%. S&P 500 futures fell 0.12%, and Nasdaq-100 futures declined by 0.07%. The yield on 10-year Treasury notes was at…
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Arcus Biosciences Stock Jumps 20% on $320M Gilead Investment, Super Micro Surpasses Forecasts, and More News
Arcus Biosciences (NYSE:RCUS), Gilead Sciences (NASDAQ:GILD) – Arcus Biosciences‘ shares rose 19.5% in pre-market trading on Tuesday following news of a $320 million investment by Gilead Sciences, which also led to a revision of their collaboration agreement. This change aims to boost the growth of their joint development programs and includes the appointment of Johanna…
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Crypto: GRIID Nasdaq Debut, OKX Leads Crypto Inscription Innovation, and more
Reduction in contracts boosts Bitcoin price The recent rise in Bitcoin (COIN:BTCUSD) above US$43,000 may be related to the decrease in open interest in bitcoin options, especially at US$40,000, according to analyst Gordon Grant. After the options expired at the end of January, there was a notable decrease in these contracts, potentially freeing the Bitcoin…
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U.S. Futures Mixed, Oil Futures Up
In the pre-market of this Monday, U.S. index futures are showing a mixed trend as Wall Street prepares for the release of mega-cap company earnings and eagerly awaits the Federal Reserve’s monetary policy decision later this week. At 05:32 AM, Dow Jones futures (DOWI:DJI) fell 35 points, or 0.09%. S&P 500 futures rose 0.01%, and…
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Philips Shares Drop 6% as US Sales Halted Following Agreement on Faulty Sleep Apnea Devices, and latest news
Royal Philips NV (NYSE:PHG) – Royal Philips NV has suspended sales of sleep apnea devices and ventilators in the US after reaching an agreement with the US Food and Drug Administration due to quality issues. Philips has set aside 363 million euros in the fourth quarter to cover the costs of the agreement. The company…