Fund managers boost exposure to bitcoin ETFs, quarterly US filings show – Yahoo Canada Finance
Suzanne McGee (Reuters) – Asset managers from asset management companies to hedge funds and pension funds helped to allocate to the US exchange trade funds tied to the price of Bitcoin in the fourth quarter of 2024. %, according to recent regulatory submissions. The Wisconsin Investment Commission has more than doubled its Bitcoin ETF holdings […]
Foot Locker shares sink after weak quarterly results
Dana Telsey, chief research officer at Telsey Advisory Group, reveals retail expectations for the holiday season on “Barron's Roundtable.” Foot Locker stock fell Wednesday after the company significantly missed Wall Street's quarterly profit expectations and lowered its full-year sales and profit forecasts. The company's shares fell as much as 16% in morning trading after the […]
Macy’s delays quarterly report, claims employee hid $154 million in expenses
FOX Business' Lauren Simonetti breaks down New York City's “Cavuto: Coast to Coast.” Macy's said it will not release its full third-quarter earnings report as scheduled this week after it was discovered that employees “intentionally” concealed up to $154 million in expenses. . The company had been scheduled to release a report on Tuesday morning, […]
Stock futures tick higher as Wall Street gears up for Nvidia's quarterly results: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) on November 12, 2024 in New York City. Spencer Pratt | Getty Images Stock futures rose on Wednesday as investors focused on tech giant Nvidia's important earnings report. futures tied to Dow Jones Industrial Average It increased by 70 points (0.1%). S&P500 futures […]
Truth Social parent Trump Media posts third straight quarterly loss
Former President Donald Trump's media company reported a net loss of $19.2 million in the third quarter due to legal costs and costs associated with its TV streaming deal. Trump Media & Technology Group said the figure includes $12.1 million in litigation costs in the quarter stemming from its acquisition of TV streaming technology in […]
Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines – CNBC
A Deutsche Bank AG sign at a bank branch in the financial district of Frankfurt, Germany, Thursday, February 2, 2023. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Wednesday said its profit recovery in the three months to September was better than expected, after ending 15 straight quarters of profits in the second quarter. […]
Birkenstock shares plunge 15% as quarterly profits miss estimates
Shares in sandal maker Birkenstock plunged more than 15 percent on Thursday after the company reported weaker-than-expected quarterly profit and its global expansion plans hit profit margins. The Germany-based company reported adjusted earnings per share of 54 cents, below the 58 cents LSEG analysts had expected. The retailer reported sales of $624.6 million, up 19% […]
Nasdaq 100 futures fall after Nvidia posts quarterly earnings: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images Nasdaq 100 futures fell Wednesday night after Nvidia, the artificial intelligence pioneer that's risen more than 150% this year, reported strong quarterly results that failed to […]
Disney warns theme park revenue to fall as quarterly profit slips
The Walt Disney Co. reported a decline in operating profit at its theme parks and predicted a “declining demand” in the coming quarter, overshadowing the success of Pixar’s animated film “Inside Out 2” and its streaming service. Disney shares fell 4.5% on Wednesday after the company warned that its theme parks operating profit would decline […]
McDonald’s posts weak quarterly results as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]