With the possibility of a strategic reserve, favorable regulatory changes, significant institutional inflow and a pro-crypto cabinet, the optimistic outlook for the digital assets outweighs the tariff headwinds.
Personal care company Nu Skin (NYSE:NUS) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 8.8% year on year to $445.6 million. On the other hand, next quarter’s revenue guidance of $355 million was less impressive, coming in 12.3% below analysts’ estimates. Its non-GAAP profit of $0.38 per share was 72.3% above analysts’ consensus estimates.
Umoja CEO Robby Greenfield says monetizing Bitcoin should be as simple as buying stocks on Robinhood.
Dialysis provider DaVita Inc. (NYSE:DVA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.7% year on year to $3.29 billion. Its non-GAAP profit of $2.24 per share was 4.3% above analysts’ consensus estimates.
Genomics company Pacific Biosciences of California (NASDAQ:PACB) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 32.8% year on year to $39.22 million. Its non-GAAP loss of $0.20 per share was 15.5% below analysts’ consensus estimates.
Construction management software maker Procore (NYSE:PCOR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.2% year on year to $302 million. The company expects next quarter’s revenue to be around $302 million, close to analysts’ estimates. Its non-GAAP profit of $0.01 per share was 91.2% below analysts’ consensus estimates.
Acoustic component provider Knowles (NYSE:KN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 33.8% year on year to $142.5 million. Next quarter’s revenue guidance of $129 million underwhelmed, coming in 5.5% below analysts’ estimates. Its non-GAAP profit of $0.27 per share was 4.4% below analysts’ consensus estimates.
Shares of Palantir Technologies hit a record closing price again Thursday and are up more than 50% to start 2025, growth that analysts attribute in part to the stock’s popularity with retail investors.
Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.5% year on year to $199.9 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was 53.4% above analysts’ consensus estimates.
A federal judge in Washington, D.C., on Thursday put the U.S. Securities and Exchange Commission's civil lawsuit against Binance on hold for 60 days, granting a joint request by the regulator and the world's largest cryptocurrency exchange. U.S. District Judge Amy Berman Jackson issued her order after both parties on Monday said a new SEC task force to review cryptocurrency regulation may "impact and facilitate the potential resolution of this case." Created last month, the SEC task force is led by Republican Commissioner Hester Peirce, a strong cryptocurrency supporter.
