Tag: fintech

Posts with tag: fintech

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Park Hotels & Resorts Reports Q4 Earnings Miss, Revenue Beat

Park Hotels & Resorts (PK) reported funds from operations (FFO) of $0.39/share in Q4, below analysts' estimates of $0.40/share. Revenue of $625 million exceeded expectations of $602.9 million.

Super Micro Stock Surges Despite Past Controversies

Super Micro Computer (SMCI) stock rebounds after accounting scandal, up 3.33% Wednesday, extending a weeklong surge. The company has denied allegations, hired a new accountant, and aims to submit delayed SEC filings by Feb. 25.

Not Elon Musk: White House Affidavit Claims Tech Billionaire Isn't Running DOGE

Elon Musk is not in charge of the Department of Government Efficiency (DOGE), according to an affidavit filed by the Trump administration in federal court.

Fed Wants Confidence Inflation Will Keep Falling

Fed Governor Bowman Wants More Confidence on Inflation Before Rate Cut

Patria Profit Rises in Q4

Patria Investments Ltd. (PAX) reports Q4 profit of $56.8 million, with EPS of 38 cents and adjusted EPS of 58 cents. Annual profit stands at $73.4 million, or 48 cents per share, on revenue of $300.8 million.

Nvidia's Plunge Erases Record $589 Billion, Ripples Through Market

Nvidia plunges 17%, wiping out $589 billion in market value on concerns about Chinese AI startup DeepSeek's low-cost AI model disrupting the industry.

Global Stocks Hit Records as Trump Moderates Trade Stance

Global stocks surge to record highs, lifted by easing trade tensions as President Donald Trump signals a softer approach toward China.

Trump's Inauguration Day Fuels Market Volatility: Stocks Edge Higher, Dollar Weakens

European stocks and US futures climb as Trump's presidency begins, with bitcoin hitting a record high.