Latest Market News
Fiat currency moves increasingly give BTC a run for its money as the largest cryptocurrency stays almost motionless. 551 Total views 15 Total shares Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data […]
Shares of Philip Morris International Inc. PM, -1.28% rallied 1.8% in premarket trading Thursday, after the cigarette and heated tobacco units seller reported third-quarter profit that and revenue that fell from a year ago, as rising costs hurt margins, but beat expectations amid increased pricing and a favorable mix shift to smoke-free products. Operating income […]
Blackstone Inc. BX, -5.12% said Thursday its third-quarter net income fell sharply to $2.3 million, or zero cents a share, from $1.4 billion, or $1.94 a share in the year-ago quarter. Revenue at the private equity firm dropped to $1.06 billion from $6.22 billion. Fee-related earnings rose to 98 cents a share from 65 cents […]
Quest Diagnostics Inc. DGX, +5.29% reported Thursday third-quarter profit and revenue that fell from a year ago but beat expectations, as base business performance rebounding in the latter part of the quarter to help offset inflationary pressure and declining COVID-19 volumes. The health diagnostics information services company’s stock was still inactive in the premarket. Net […]
Texas Attorney General Ken Paxton on Thursday sued Alphabet Inc.’s GOOGL, +0.71% GOOG, +0.60% Google, claiming it collected biometric data for millions of Texans without obtaining proper consent. “For more than a decade, Texas has prohibited companies from capturing Texans’ biometric data – including the unique characteristics of an individual’s face and voice – without […]
Alaska Air Group Inc. ALK, -2.90% reported its third-quarter results before market open on Thursday, boosted by what the carrier’s CEO described as the busiest travel season in two years. The company’s shares rose 1.66% before market open, after ending Wednesday’s session down 1.16%. Alaska Air reported third-quarter revenue of $2.828 billion, compared with $1.953 […]