Shares of fashion conglomerate G-III (NASDAQ:GIII) jumped 16% in the pre-market session after the company reported strong fourth quarter results which beat analysts' revenue expectations. In addition, its EPS guidance for next quarter exceeded Wall Street's estimates.
(Bloomberg) -- World Liberty Financial Inc., one of the Trump family’s crypto ventures, has discussed doing business with the world’s largest digital-asset exchange, Binance Holdings Ltd., whose founder pleaded guilty to failing to take required measures to prevent terrorists, child abusers and entities in sanctioned nations from using its services, according to four people with knowledge of the talks.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equ
Fossil Group shares soared nearly 35% Thursday, a day after the watch and handbag retailer announced a turnaround plan including layoffs and store closures.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're still bullish on AI-driven growth.
Gold prices hit a new record as Wall Street strategists raced to increase their price targets on the asset.
The net worth of households and non-profit groups rose about $200 billion to $169.4 trillion in the fourth quarter of last year, the U.S. central bank said in its quarterly U.S. financial accounts report, as a drop in the value of real estate trimmed gains from equities. Stock market holdings, the biggest component of household net worth, rose about $300 billion to $56 trillion in value, while household real estate, the second-biggest component, fell about $400 billion to $48.1 trillion. The S&P 1500 Composite index, which encompasses the vast majority of the U.S. stock market, gained 2.1% in the fourth quarter of 2024.
Short-term bitcoin holders have sold over 100,000 BTC since February.
(Bloomberg) -- Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospital
Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.View on euronews
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
