Stagflationary Data Puts Pressure on Bitcoin, Stocks
U.S. GDP turned negative in the first quarter, while prices rose more than forecast; ADP jobs data was the weakest in nearly one year.
Nvidia initiated, Starbucks downgraded: Wall Street's top analyst calls
Nvidia initiated, Starbucks downgraded: Wall Street's top analyst calls
Masterclass Recap: How to Go Direct and Ditch the Spot Market (Part 1)
Let’s be honest. If you’re still relying solely on the spot market to run your business in 2025, you’re not building a business—you’re gambling with your livelihood. I’ve said it before and I’ll say it again: The spot market load board is not a business model. It’s a temporary solution. In a recent Playbook Masterclass, […] The post Masterclass Recap: How to Go Direct and Ditch the Spot Market (Part 1) appeared first on FreightWaves.
Trump's Crypto Sherpa Bo Hines Says Crypto Legislation on Target for Quick Completion
The head of the Presidential Council of Advisers for Digital Assets says new laws could be set by August, and Trump's own crypto interests aren't a factor.
Humana (NYSE:HUM) Posts Q1 Sales In Line With Estimates, Stock Soars
Health insurance company Humana (NYSE:HUM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 8.4% year on year to $32.11 billion. The company’s full-year revenue guidance of $127 billion at the midpoint came in 0.7% above analysts’ estimates. Its GAAP profit of $10.30 per share was 3.4% above analysts’ consensus estimates.
Michael Saylor has another bold word for Bitcoin
Michael Saylor calls Bitcoin a “Newtonian Network” in latest bold statement.
XPO (NYSE:XPO) Misses Q1 Revenue Estimates, But Stock Soars 6.7%
Freight delivery company XPO (NYSE:XPO) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 3.2% year on year to $1.95 billion. Its non-GAAP profit of $0.73 per share was 12% above analysts’ consensus estimates.
Instant View: Tame March PCE inflation no salve after downbeat Q1 US GDP report
Economists polled by Reuters had forecast consumer spending would rise 0.5% after a previously reported 0.4% increase in February. The data was included in the advance gross domestic product report for the first quarter that was published earlier on Wednesday, which showed GDP contracted at a 0.3% annualized rate last quarter, weighed down by a record surge in imports. President Donald Trump's sweeping tariffs have fanned fears the economy is facing a period of tepid growth, even recession, and high inflation, commonly referred to as stagflation.
Newmark’s (NASDAQ:NMRK) Q1: Strong Sales
Real estate services firm Newmark (NASDAQ:NMRK) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 21.8% year on year to $665.5 million. The company expects the full year’s revenue to be around $3 billion, close to analysts’ estimates. Its non-GAAP profit of $0.21 per share was 12.9% above analysts’ consensus estimates.
For The First Time Since 2022, The Economy Is Shrinking
The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first quarter.