Endeavor Group Slips To Loss In Q1

Endeavor Group Holdings, Inc. (EDR) on Thursday reported a net loss attributable to the company of $137.34 million or $0.46 per share, compared to net income of $8.03 million or $0.03 per share in the prior-year quarter. On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share...

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Euro Mixed After Eurozone Flash PMI Data

The euro showed mixed trading against its major rivals in the European session on Thursday, after the release of the euro area private sector growth data for August. Data from the flash survey compiled by S&P Global showed that the HCOB composite output index improved to a three-month high of 51.2 in August from 50.2...

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FTSE 100 Climbs After Strong GDP Data

U.K. stocks rose notably on Friday and the British pound strengthened against other major currencies after data showed the U.K. economy exited a technical recession in the first quarter, led by a rebound in the services output and household spending. Data from the Office for National Statistics showed that the U.K. gross domestic product grew...

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CAC 40 Drifts Lower Ahead Of ECB Decision

French stocks traded lower on Thursday as investors awaited the ECB\'s rate decision as well as President Christine Lagarde\'s press conference for directional cues. The central bank is expected to keep interest rates unchanged at record highs for the fourth policy meeting in a row but could signal potential future cuts in case there is...

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Marathon CEO Says Bitcoin's Upcoming Halving Event is Already Partially Priced In

Bitcoin’s highly anticipated “halving” event may already be partially factored into the market, according to the CEO of Marathon Digital Holdings Inc., the largest cryptocurrency miner in the United States. In an interview with Bloomberg TV on Tuesday, Marathon CEO Fred Thiel expressed his perspective on the potential impact of the ETF approval on Bitcoin’s price...

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Bitcoin Sees High Activity Despite Price Decline as 320K Addresses Engage

Over 320,000 active Bitcoin addresses are interacting with the price range near its old ATH.Bitcoin reserves on exchanges are near five-year lows, suggesting traders prefer holding despite recent market corrections. Around its old all-time high (ATH), Bitcoin is showing considerable activity, indicating increased interest and possible support. IntoTheBlock data indicates that, especially around $68,500, approximately...

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