Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq. Media reported that the stock...
OKX Ventures, the investment arm of OKX crypto exchange, and Aptos Foundation have initiated a $10 million accelerator fund for projects built on Aptos. The fund aims to bolster widespread Web3 adoption by supporting the growth of infrastructure, social, gaming and DeFi-related projects. OKX Ventures and Alcove, the Aptos’ accelerator launched in November 2023, will...
Indian shares struggled for direction in muted trade on Wednesday as investors weighed geopolitical risks and awaited cues from Nvidias earnings and a key U.S. inflation reading. The benchmark S&P/BSE Sensex was up 16 points at 81,728 while the broader NSE Nifty index was down 3 points at 25,014. HCL Technologies, ONGC and Hero MotoCorp...
JAKARTA. Total incoming bids for the auction of Government Securities (lit. Surat Utang Negara/SUN) yesterday (20/8) reached IDR 104.07 trillion, as stated by the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. This is the 15th SUN auction held by the government since the beginning of 2024. For the record,...
The Malaysia stock market has ticked lower in four straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about...
Asian stocks were mostly lower on Friday amid concerns that U.S. President-elect Donald Trumps fiscal, trade and tariff policies could prompt the Federal Reserve to end its rate-cutting cycle. Oil and gold prices headed for a weekly decline as the dollar and U.S. Treasury yields continued to surge amid expectations for prolonged high U.S. interest...
Paul Hamilton/Getty Images Real estate investing is perennially popular, and while high interest rates may be softening the market now, investors are likely to storm back to real estate with a vengeance, if and when rates fall. In fact, 29 percent of Americans said that real estate was their top pick for investing money they...
Nexo, alongside more than 35 prominent cryptocurrency organizations, has embarked on a campaign to advocate for creating an official Bitcoin emoji. Every revolution needs a symbol. We have joined forces with 20+ leading crypto organizations for a historic cause: Bitcoin Deserves an Emoji Coming together to bring Bitcoin to digital keyboards worldwide are: @bitcoinbrink, @bitgetglobal,...
In recent trading activity, Russell Schundler, the General Counsel of Liquidia Corp (NASDAQ:LQDA), a company specializing in pharmaceutical preparations, executed a sale of company shares. On March 18, 2024, Schundler sold a total of 8,653 shares at a price of $15.82 each, amounting to over $136,890 in total value. This transaction follows a pattern of...
Heartland Express, Inc. (HTLD) reported Tuesday a net loss of $3.48 million or $0.04 per share for the second quarter, compared to net income of $7.77 million or $0.10 per share in the prior-year quarter. Operating revenue for the quarter declined to $274.75 million from $306.17 million in the same quarter last year. On average,...