Financial Fun: Stellar Bancorp Beats Expectations Breaking Down the Numbers Stellar Bancorp (STEL) recently reported their quarterly earnings, coming in at $0.52 per share. This exceeded the Zacks Consensus Estimate of $0.48 per share, much to the delight of investors. However, this number is down from $0.55 per share from the previous year. While the…
Standard Chartered’s Bullish Outlook on Bitcoin Amid Correction Amidst the recent correction that has seen Bitcoin (BTC) fall 25% from its all-time high reached in January, Standard Chartered’s head of digital asset research, Geoffrey Kendrick, is maintaining a bullish stance on the world’s largest cryptocurrency. Kendrick’s Perspective In a recent interview, Kendrick expressed his optimistic…
Cryptocurrency Market Overview: Massive Hack on Bybit Affects Leading Coins The cryptocurrency market continued to experience volatility on Sunday, with leading coins grappling with the aftermath of a massive $1.4 billion hack on the popular cryptocurrency exchange, Bybit. This cybersecurity breach has sent shockwaves through the crypto community, raising concerns about the security of digital…
The Hyperliquid Trader’s Unconventional Bet: $4 Million Profit on Bitcoin Short and Melania Once upon a time in the bustling world of financial markets, there was a trader named Hyperliquid. Known for his audacious trades and unconventional strategies, Hyperliquid had made a name for himself in the industry. But little did the world know, he…
The Impact of WuXi AppTec’s Financial Results Revenue Growth and Profitability WuXi AppTec, a global leader in providing R&D and manufacturing services for the pharmaceutical and life sciences industry, has reported impressive financial results for the third quarter of 2024. During this period, the company’s revenue reached RMB10,461 million, excluding COVID-19 commercial projects, marking a…
Unchanged Perspective: Fed’s Williams Stays Steady on Economy Despite January Data – A Central Bank Update Description: At some point it will be appropriate to cut rates, likely later this year. Things are moving in the right direction. Rate hikes are not my base case. I expect consumer spending growth to slow this year. My…
In a candid interview, MicroStrategy Executive Chairman Michael Saylor shares insights on Bitcoin strategy Prossionally, educated, profit focused, and intense In a recent interview on the Bitcoin Standard podcast, Michael Saylor, the Executive Chairman of MicroStrategy, discussed in detail the company’s approach to Bitcoin and his personal outlook on the future of digital assets. Saylor’s…
Investigation on Flux Power Holdings, Inc. Background Levi & Korsinsky has recently started an investigation involving Flux Power Holdings, Inc. (NASDAQ:FLUX) for potential breaches of federal securities laws. The investigation stems from a disclosure made by Flux on September 5, 2024 to the U.S. Securities and Exchange Commission (SEC). In the filing, Flux announced that…
