Shares of supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) jumped 11.4% in the morning session after the company reported first-quarter 2025 results that significantly exceeded analysts' expectations across revenue, EPS, and EBITDA. The key highlight for the quarter was a 25% increase in remaining performance obligations, a forward-looking measure that signals sustained demand for its cloud products.
Shares of equipment distributor Watsco (NYSE:WSO) fell 8.5% in the afternoon session after the company reported underwhelming first-quarter 2025 results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. Sales fell modestly, and operating income declined by a wider margin as the business was hit by slow demand in new housing and overseas markets. Overall, this was a weaker quarter.
HIVE Digital has completed its facility in Yguazù, Paraguay, as it expects to reach the hashrate capacity of 25 EH/s by fall 2025.
Twenty One Capital plans to launch publicly with 42,000 Bitcoins.
London Stock Exchange Group CEO David Schwimmer and Spanish Economy Minister Carlos Cuerpo are among those discussing the future of global trade at Semafor’s World Economy Summit.
WASHINGTON (Reuters) -Global central bankers who have come to view the U.S. Federal Reserve as a source of stability now face an unpredictable period where the Fed's monetary policy decisions are being pulled in conflicting directions and the institution's independence could be at risk. The Fed's upcoming policy choices pose one issue, with the potential that as other central banks cut rates in response to slowing growth the U.S. needs tight monetary policy to ward off tariff-driven inflation, a divergence that could stress dollar funding markets and make financing more expensive for less-developed countries in particular. Another, and perhaps more fundamental issue, is the question of whether the Fed can remain above the political fray in the face of attacks by U.S. President Donald Trump, who has repeatedly expressed his displeasure with the Fed's policy and its chief, Jerome Powell.
Bitcoin nears NVIDIA’s market cap amid a surge of ETF inflows, signaling rising institutional demand.
(Bloomberg) -- Traders have long known Donald Trump intended to use tariffs as a tool for economic policy. Citigroup Inc., a year ago, even offered up a handy framework for trading potential levies on China.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease Sout
Citrea deployed its Clementine Bridge on the Bitcoin testnet, using programming language BitVM2
Regulatory willingness to work with crypto seems to have inspired Coinbase, and reportedly others, to engrain themselves deeper into the traditional financial sector.
