News

A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.

Shares of advertising and marketing company Zeta Global (NYSE:ZETA) fell 13.8% in the pre-market session after the company reported weak fourth quarter 2024 results as its revenue guidance for next year suggests a significant slowdown in demand, and its revenue guidance for next quarter fell slightly short of Wall Street's estimates. On the other hand, Zeta reported optimistic EBITDA guidance for the next quarter, which blew past analysts' expectations, and its full-year EBITDA guidance trumped

Tyler Williams previously served several roles in the U.S. government.

Shares of theater company AMC Entertainment (NYSE:AMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts' EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance. However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter.

Shares of industrial conglomerate SPX Technologies (NYSE:SPXC) jumped 14.5% in the morning session after the company reported strong fourth-quarter results, with revenue rising 14% year-on-year, fueled by continued strength in its HVAC segment​. SPXC's full-year 2025 guidance for revenue and adjusted EBITDA also came in above analysts' expectations​. Overall, the quarter highlighted key positives.

Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.

(Bloomberg) -- Investors yanked more than $1 billion from spot Bitcoin exchange-traded funds Tuesday, marking the biggest one-day outflow since the cohort’s debut last January.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as C