Gen Z discovered a clever method to profit from nonstop doomscrolling.
Turning Doomcrawls into Dollars Gen Z is spending nearly seven hours a day on their screens, but they’ve found a way to monetize that time, or at least become more aware of how their personal data can be leveraged. A youth voting organization called Generation Lab has introduced a new initiative named Verb.ai, which they […]
Metaplanet Uses Its Bitcoin Holdings of More Than 5,000 BTC to Achieve Record Profit of $4 Million
The Tokyo-listed investment firm Metaplanet (3350) reported an operating profit of 592 million yen (around $4 million) for the first quarter of 2025, largely due to its Bitcoin-focused revenue model. With total revenue hitting 877 million yen, a significant 88% of that stemmed from Bitcoin options trading. This information was shared in their first quarter […]
Walmart reaches profit in online sales while cautioning about price increases due to tariffs.
Walmart, the largest private employer in the United States, expressed concerns on Thursday about potential price increases due to uncertainties surrounding tariffs. CEO Doug McMillon reassured customers that the company would strive to keep prices down, but acknowledged the pressures from tariffs could make it difficult, especially given tight retail margins. He spoke after retailers […]
Jake Tapper criticized for altering facts to profit from a book about Biden’s decline
CNN’s Jake Tapper has faced accusations of hypocrisy for reportedly profiting from the decline of former President Joe Biden in his new book. The controversy gained traction on Tuesday when an excerpt of Tapper’s forthcoming book, “Original Sin,” was released, revealing Biden’s concerning explanations about his physical and mental deterioration—and what seems like attempts to […]
Quarterly profit at News Corp more than doubles, with revenue rising to exceed Wall Street forecasts
News Corp, which owns the Post and the Wall Street Journal, announced on Thursday that its quarterly revenues exceeded expectations, driven by growth in digital real estate, the Dow Jones division, and its book publishing sector. Based in New York, the media company reported a net profit of $107 million from ongoing operations, a significant […]
Wegovy producer Novo Nordisk lowers profit expectations as US prescriptions decline.
Novo Nordisk in Denmark has cut its annual revenue and profit projections due to a slowdown in Wegovy sales, a weight loss medication, as prescriptions in the US have declined. The success of Wegovy, along with booming sales of diabetes drugs, elevated these companies to the status of Europe’s most valuable publicly traded firms, reaching […]
National Australia Bank’s Profit Exceeds Expectations, Margins Pressure Results
National Bank of Australia Surpasses Revenue Expectations The National Bank of Australia Ltd. reported revenues that exceeded analysts’ predictions in the first half of the year, as significant growth in business lending continued, despite ongoing pressure on margins. According to a statement released on Wednesday, cash profits increased by 1% to $3.58 billion over the […]
Bitcoin investors adjust their expectations as 88% of BTC supply shows profit – Cointelegraph
Key Insights on Bitcoin Market Dynamics 88% of Bitcoin supply is currently in profit, mostly below $95,000, signaling a readjustment to investor expectations. The price range of $75,000 to $95,000 might indicate a structural bottom in line with market conditions expected for Q3 2024. The Market Value to Realized Value (MVRV) ratio hitting 1.74 acts […]
Excellus earns profit in 2024 despite operations costing $163M; check executive compensation – Syracuse.com
Syracuse, NY — The largest private insurance provider in Central New York reported a small profit last year, despite incurring a $163 million loss in daily operations. Annual financial documents submitted to the state indicate that this operating loss represented around 2.5% of Excels Blue Cross Blue Shield’s yearly budget. The company paid out $6.5 […]
Apple quarterly sales and profit beat expectations as tariffs loom
Please see what you are clicking on foxbusiness.com. Apple reported on Thursday that slightly beat Wall Street expectations as consumers stocked their iPhones amid fears of potential import taxes on signing devices from President Donald Trump. The Cupertino, California-based company said its revenue and profit for the second quarter ended March 29 was $1.65 per […]