Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
Jobless claims rise slightly; labor market remains solid. Federal layoffs not included in data, may impact future claims. Fed may keep rates unchanged due to healthy labor market.
Published on: February 20, 2025, 02:01 PM UTC
US stocks anticipate a modest decline despite mixed corporate results, including disappointing forecasts from Walmart, as markets grapple with geopolitical uncertainties and await key economic data and events.
Published on: February 20, 2025, 02:00 PM UTC
Swiss gold exports rose in January, with a surge in supplies to the US offsetting lower deliveries to China and India. The increase is driven by concerns over potential US import tariffs, leading to higher gold transfers to the US.
Published on: February 20, 2025, 02:00 PM UTC
Quantum computing stocks surge after Microsoft unveils new chip, signaling progress in the field.
Published on: February 20, 2025, 02:00 PM UTC
Bandwidth Inc. (BAND) reported a Q4 loss of $1.8 million, or 6 cents per share, below estimates. However, revenue of $210 million exceeded forecasts. For the year, the company narrowed its loss to $6.5 million, or 24 cents per share, and reported revenue of $748.5 million.
Published on: February 20, 2025, 01:10 PM UTC
Weighing Longer-Term Treasuries: Treasury Secretary Bessent Discusses Hurdles
Published on: February 20, 2025, 01:10 PM UTC
Insmed Inc. (INSM) reported a Q4 loss of $235.5 million ($1.32/share) vs. the Zacks estimate of a $1.15 loss. The biopharmaceutical company posted revenue of $104.4 million, topping estimates of $104.3 million.
Published on: February 20, 2025, 01:09 PM UTC
Wayfair Inc. (W) reported a fourth-quarter loss of $128 million, or $1.02 per share, missing Wall Street expectations. Revenue of $3.12 billion surpassed forecasts, while the company reported a loss of $492 million, or $4.01 per share, for the year.
Published on: February 20, 2025, 01:08 PM UTC
Ardelyx Inc. (ARDX) reported fourth-quarter net income of $4.6 million, meeting Wall Street expectations. Revenue was $116.1 million, beating forecasts. For the year, the company's loss narrowed to $39.1 million, or 17 cents per share. Revenue was $333.6 million.
Published on: February 20, 2025, 01:06 PM UTC
US stocks poised for modest decline amid trade tariff concerns; gold hits all-time high as geopolitical tensions escalate.
Published on: February 20, 2025, 01:05 PM UTC