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Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) jumped 10.7% in the afternoon session after the company reported strong fourth-quarter results that blew past analysts' EPS and revenue estimates. However, Casino revenue came in below expectations, with weakness in Wynn Macau offsetting gains in Wynn Palace and Las Vegas. Adjusted property EBITDAR declined slightly as softer results in Macau and Encore Boston Harbor weighed on overall profitability.

(Bloomberg) -- BlackRock Inc. awarded Chief Executive Officer Larry Fink additional pay perks known as carried interest tied to the asset manager’s major expansion in private markets, saying the co-founder has a key role in the firm’s long-term plans.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies

President Donald Trump announced his administration will study reciprocal tariffs, but stopped short of implementing them at this time.

“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings.

Major U.S. equity indexes were mixed and little changed at midday Friday after a report showed a larger-than-expected decline in U.S. retail sales.

The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.

DraftKings shares soared Friday after the online sports betting platform topped profit estimates and boosted its revenue outlook as it added customers and benefited from its purchase of rival Jackpocket.