Category: Top Story
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The launch of the Bitwise Solana ETF is attracting attention in the crypto fund market
The Bitwise Solana Staking ETF (AMEX:BSOL) was hailed as the strongest ETF launch of 2025, exceeding expectations and achieving record volumes. It traded $72.4 million on its second day and $56 million on its debut, making it the fund with the highest volume among nearly 850 ETF launches this year. Bitwise Asset Management has temporarily…
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ServiceNow Beats Q3 Estimates, Announces Five-for-One Stock Split; Shares Climb
ServiceNow (NYSE:NOW) posted stronger-than-expected third-quarter results on Thursday, driven by continued demand for its AI-powered workflow automation tools. Shares of the enterprise software company gained 3% in premarket trading following the release. The company reported earnings of $4.82 per share, comfortably ahead of analyst forecasts of $4.26, while revenue surged 22% year over year to…
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eBay Shares Drop 10% After Soft Fourth-Quarter Outlook Despite Q3 Earnings Beat
eBay Inc. (NASDAQ:EBAY) shares sank 10% in premarket trading on Thursday after the online marketplace delivered stronger-than-expected third-quarter results but issued weaker profit guidance for the upcoming quarter. The company reported adjusted earnings of $1.36 per share, topping the $1.33 consensus forecast, while revenue climbed 9% year over year to $2.8 billion, ahead of analysts’…
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Gold Prices Recover from Recent Lows as Fed Cut and Trade Uncertainty Support Demand
Gold prices rose on Thursday, snapping a four-day losing streak in Asian trading after the Federal Reserve’s rate cut and a lack of concrete progress in U.S.-China trade talks prompted renewed safe-haven buying. At 02:51 ET (06:51 GMT), spot gold climbed 1% to $3,967.03 per ounce, while U.S. gold futures edged 0.4% lower to $3,983.10.…
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Dollar Drifts Lower After Fed Decision; Euro Strengthens Ahead of ECB
The U.S. dollar eased slightly on Thursday, trimming some of its previous gains as investors weighed the Federal Reserve’s latest policy decision and updates from U.S.-China trade discussions. At 05:20 ET (09:20 GMT), the Dollar Index — which measures the greenback against a basket of six major currencies — slipped 0.1% to 98.950, having earlier…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Digest Fed Rate Cut, Trump-Xi Trade Talks, and AI-Fueled Tech Earnings
U.S. futures were steady on Thursday as investors weighed a series of pivotal developments — from the Federal Reserve’s latest interest rate decision to a rare meeting between Donald Trump and Xi Jinping, and blockbuster earnings from major tech firms expanding their artificial intelligence ambitions. Wall Street pauses after volatile session By 03:43 ET, Dow…
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Stellantis Posts First Revenue Growth in Nearly Two Years as Analysts Highlight Upcoming Charges
Stellantis (NYSE:STLA) reported its first increase in quarterly revenue after seven consecutive declines, signaling early signs of progress in CEO Antonio Filosa’s efforts to reshape and revitalize the automaker. However, shares slipped more than 4% in early Thursday trading after analysts pointed to potential second-half charges that could weigh on results. Filosa, who now leads…
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Meta raises capex for 2025 and forecasts a jump in 2026; profit is affected by a one-time tax, but Q3 2025 revenue exceeds projections
Meta Platforms (NASDAQ:META) reported revenue of $51.24 billion in Q3 2025, up 26% year-over-year, exceeding estimates of $49.41–49.6 billion. GAAP net income was $2.71 billion, pressured by an extraordinary non-monetary tax expense of $15.93 billion related to the “One Big Beautiful Bill.” The effective tax rate jumped to 87% (12% a year ago). Without the…
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Alphabet beat estimates with a 16% increase in revenue and strength in Google Cloud
Alphabet (NASDAQ:GOOGL) released quarterly earnings that exceeded Wall Street expectations with strong results in advertising and explosive growth in Google Cloud. Revenue rose 16%, reaching a record US$102.3 billion, above the forecast of US$99.9 billion. Net income totaled US$34.97 billion, equivalent to US$2.87 per share, compared to US$2.12 in the same period of 2024. Excluding…
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Microsoft beats forecasts, but warns of rising AI costs and Azure failures
Microsoft (NASDAQ:MSFT) released quarterly results on Wednesday (29) after the market closed, and beat Wall Street estimates with revenue of $77.7 billion and earnings per share of $3.72, above the expected $75.6 billion and $3.68. However, high costs related to artificial intelligence infrastructure and recent technical failures raised concerns. Hours before the announcement, the company…