News

Barclays analysts on Wednesday became the latest to cut their projection for the S&P 500, citing the uncertainty around the Trump administration's tariffs and their potential impact on the U.S. economy.

Investing $100 in Dogecoin in 2014 would be worth $98,400 now, highlighting the force of meme culture, early adoption, and internet-fueled market movements.

In the cryptocurrency sector, the variety of animal-inspired meme tokens continues to grow. Today, these three tokens are up 2%, 4.3%, and 5.8%, respectively, over the past 24 hours as of 3:30 p.m. ET.

(Bloomberg) -- Jefferies Financial Group Inc.’s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with activity hurt by uncertainty around US policy and geopolitics. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Streets Ca

Customer experience solutions provider Concentrix (NASDAQ:CNXC) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 1.3% year on year to $2.37 billion. The company expects next quarter’s revenue to be around $2.38 billion, coming in 0.6% above analysts’ estimates. Its non-GAAP profit of $2.79 per share was 7.8% above analysts’ consensus estimates.

The offering comes 24 hours after the company announced its intention to begin adding bitcoin to its balance sheet.

Office furniture manufacturer Steelcase (NYSE:SCS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.7% year on year to $788 million. The company expects next quarter’s revenue to be around $772.5 million, coming in 3.7% above analysts’ estimates. Its non-GAAP profit of $0.26 per share was 26.2% above analysts’ consensus estimates.