Aurelie Barthere, principal research analyst at Nansen, said the advancement of the CLARITY Act may provide a temporary push, but it won’t last unless there’s a broader uptick in sentiment.
Analyst Willy Woo said macro bottoms often followed repeated volatility spikes and retail capitulation, suggesting any near-term bounce could be temporary.
The company reported adjusted earnings per share (EPS) of $0.49 in Q4 on revenue of $337 million, compared to expectations of an adjusted EPS of $0.4 on revenue of $328 million, according to TheFly.
Shares of Redwire Corporation (RDW) are climbing in Wednesday's premarket session as investors look toward the company's upcoming fourth-quarter earnings report and broader market tailwinds.
Benchmark Mineral Intelligence said the U.S. can cater to 146% of its annual copper demand from domestic and overseas mines and scrap. This is a significant contrast to China, the world's largest consumer, which can only meet 40% of its demand.
Analyst Gary Black believes Netflix Inc. (NASDAQ: NFLX) holds the upper hand in the escalating takeover battle for Warner Bros. Discovery (NASDAQ: WBD), arguing that the streaming giant's stronger strategic synergies position it to ultimately prevail over rival bidder Paramount Skydance (NASDAQ: PSKY).
Bayer AG (OTC: BAYRY) on Tuesday proposed a $7.25 billion settlement to resolve thousands of U.S. lawsuits claiming that its weedkiller Roundup causes cancer. The product was originally made by Monsanto, which Bayer acquired in 2018 for more than $60 billion.
In an exclusive interview with Stocktwits, CEO Kinsella highlighted growing demand for Infleqtion’s quantum sensing technologies, including ultra-precise clocks to counter GPS vulnerabilities.
