Shares of Galaxy Digital tumbled sharply on Tuesday following the release of its fourth-quarter earnings, which revealed a net loss of $482 million. The dramatic swing from profit to loss underscores the crypto sector's vulnerability to market downturns.
Thermo Fisher Scientific is phasing out operations at its Franklin, Massachusetts site by late 2026, resulting in more than 80 layoffs. This follows a larger round of cuts announced last year, signaling ongoing restructuring within the life sciences giant.
As Josh D'Amaro officially takes the helm at The Walt Disney Company, succeeding Bob Iger, details of his executive compensation package—including a multimillion-dollar base salary and substantial long-term incentives—have been disclosed. The financial terms set the stage for a new chapter at the entertainment giant.
Ethereum's price faces headwinds following founder Vitalik Buterin's latest moves—a substantial charitable donation and a public reassessment of the blockchain's scaling roadmap—raising questions about market sentiment and the future of Layer 2 networks.
Crypto.com has launched OG, a regulated, standalone prediction market that blends social features with leveraged trading on sports and global events, just ahead of the Super Bowl.
Despite a staggering 1,500% surge over six months, analysts see further room for SanDisk's stock to run, fueled by insatiable AI-driven storage demand and a tight NAND market that continues to boost pricing and profitability.
A new analysis from the Cato Institute reveals immigrants generated a $14.5 trillion fiscal surplus since 1994, with undocumented workers accounting for over $1.7 trillion, challenging narratives that they burden the economy.
At least fourteen people died after a migrant dinghy collided with a Greek coast guard vessel near the island of Chios, reigniting scrutiny over EU border policies and migrant safety in the Eastern Mediterranean.
One year after his 16-year-old son Joe died from carbon monoxide poisoning in an ice fishing tent, Steve Ford of Kokomo is turning grief into action by providing free detectors and safety education to his community.
As the investigation into the disappearance of Nancy Guthrie enters a critical phase, Arizona authorities confirm they are treating the case as a kidnapping but have no leads on her location or the number of perpetrators involved.
Chipotle Mexican Grill (NYSE: CMG) reported fourth-quarter revenue of $2.98 billion, surpassing Wall Street estimates, though a decline in customer traffic at established locations tempered investor enthusiasm.
As the Super Bowl captivates fans, a deeper financial play is unfolding. Professional sports teams, long the exclusive domain of billionaires, are now becoming accessible to a wider range of investors through innovative funds, signaling their evolution into a distinct and resilient asset class.
The Walt Disney Company has named Josh D’Amaro, the architect behind its thriving parks and experiences division, as its next Chief Executive Officer, bringing a decisive end to the high-stakes succession saga following Bob Iger's return.
Global insurance giant Chubb Limited reported fourth-quarter revenue in line with analyst projections, while adjusted earnings per share significantly exceeded estimates, driven by strong underwriting and investment performance.
The WHITEWHALE token has weathered a dramatic 60% crash and accusations of being a scam, rebounding to hold a near $90 million market cap. Its survival hinges on a controversial community takeover and a treasury controlling over half the supply, raising questions about decentralization and long-term viability in Solana's volatile meme ecosystem.
In a surprising move blending finance and philanthropy, prediction market platform Polymarket is launching a free grocery store in New York City, opening February 12, alongside a $1 million donation to the Food Bank For New York City.
Canada's investment regulator, CIRO, has enacted a new digital asset custody framework effective immediately, aiming to bolster investor protections and prevent future platform failures like the notorious 2019 QuadrigaCX case.
At New York's Ondo Summit, leading asset management executives declared the era of 'wallet-native' finance is dawning, where all assets live on-chain. While infrastructure is now real, the industry faces a critical phase of building trust, utility, and public understanding.
Sugar prices staged a sharp recovery in Tuesday's session, buoyed by a weaker U.S. dollar triggering short-covering. However, analysts caution that the rally may be short-lived against a backdrop of swelling global supplies and record production forecasts from key growers like Brazil and India.
Cocoa prices posted gains for a second consecutive session, driven by concerns over slowing arrivals from top producer Ivory Coast. The rally comes despite a backdrop of ample global supplies and tepid demand, highlighting the market's ongoing volatility.
