General Mills Stock Slips as Cereal Maker Lowers Full-Year Profit Outlook
General Mills shares moved lower Wednesday morning as the company's lowered fiscal 2025 profit outlook offset second-quarter results that beat analysts' estimates.
General Mills shares moved lower Wednesday morning as the company's lowered fiscal 2025 profit outlook offset second-quarter results that beat analysts' estimates.
Electronic Arts, Rivian downgraded: Wall Street's top analyst calls
President Joe Biden this week announced an endorsement of a stock-trading ban for US lawmakers, making a last-minute entry into an issue that has bedeviled Capitol Hill for years.
With pro-crypto Paul Atkins leading the agency after Gensler's upcoming exit, the crypto exchange has dropped its high-profile litigation against the regulator.
This bitcoin ETF hits a new 52-week high. Are more gains in store for this ETF?
Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.
Micron Technology, Inc. (NASDAQ:MU) will release earnings for its first quarter, after the closing bell on Wednesday, Dec. 18. Analysts expect the Boise, Idaho-based company to report quarterly earnings at $1.77 per share, versus a year-ago loss of 95 cents per share. Micron projects to report quarterly revenue of $8.71 billion, compared to $4.73 billion a year earlier, according to data from Benzinga Pro. The company has beaten analyst revenue estimates in six straight quarters and seven of the
The billionaire Michael Saylor, the executive chairman of enterprise software provider MicroStrategy (NASDAQ: MSTR), is a prominent Bitcoin (CRYPTO: BTC) bull. Saylor has positioned MicroStrategy to raise equity and debt capital in order to buy Bitcoin aggressively. Saylor, whose net worth is estimated to be about $10 billion, became bullish on Bitcoin in 2020, viewing it as a better place to park capital compared to cash.
While the potential deal would result in a $54 billion automotive company, the world's third largest, any benefits for its credit outlook would come with a delay, they wrote in a research note. "We ... believe it will be difficult for them to produce significant effects quickly through expanding the scope of their collaboration to include batteries, software, and autonomous driving," S&P analysts said, but added the eventual impact on their creditworthiness would be significant. A merger would likely have a negative impact Honda's standalone credit outlook, while it should positively affect that of Nissan, they added.
The Dow enters trading Wednesday on a nine-day losing streak, the longest stretch of consecutive daily declines for the blue chip index since 1978. Monitor these key levels.