Author: Journalist

Donald Trump is pledging to be a pro-crypto president, and the new administration’s affinity for digital assets likely won’t stop with the commander in chief. Vice President-elect JD Vance and several of Trump’s presidential nominees have in the past disclosed or discussed their exposure to cryptocurrencies through asset ownership or business interests, according to federal filings and public statements. They include Robert Kennedy Jr., Howard Lutnick, Pete Hegseth, and Tulsi Gabbard — Trump’s picks to be Health and Human Services secretary, Commerce secretary, Defense secretary, and director of national intelligence, respectively. Even Trump himself has acknowledged in past filings being…

Oscar Raposo Joins Scouting America as New Chief Financial Officer Oscar Raposo, Chief Financial Officer, Scouting America IRVING, TX, Dec. 09, 2024 (GLOBE NEWSWIRE) — Scouting America, the nation’s foremost youth program of character development and values-based leadership training, is proud to announce that Oscar Raposo has joined the organization as its Chief Financial Officer. “We are delighted to welcome Oscar to Scouting America,” said Roger Krone, president & chief executive officer at Scouting America. “His extensive experience in financial management and his passion for Scouting make him an invaluable asset to our organization. We are confident that his leadership…

Virtu Financial, LLC NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverage cutting-edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announces its recognition across multiple categories at The TRADE Leaders in Trading Awards, reflecting its ongoing commitment to innovation and excellence in trading technology. At the European awards ceremony, Virtu was honored with Best Access to Market and Best Dark Pool Capabilities. In addition, Virtu Triton EMS received recognition for: Best User Experience, Best Provider for Large…

A new year will be upon us in less than a month, and investors are thinking about how they want to invest during 2025. Trends can change quickly, which is why the most important factor in making a decision about any investment should always be its underlying fundamentals. If you’re looking for excellent stocks that are also benefiting from strong tailwinds right now, Amazon (NASDAQ: AMZN), SoFi Technologies (NASDAQ: SOFI), and Carnival (NYSE: CCL)(NYSE: CUK) would be great picks. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Amazon…

The Nasdaq Composite has been on fire over the past couple of years, driven higher by the advent of artificial intelligence (AI), improving economic conditions, an uncontested election, and the Federal Reserve Bank’s recent moves to cut interest rates. After returning 43% in 2023, the tech-centric index is up roughly 30% in 2024. History suggests the rally will likely continue into 2025. The current bull market began on Oct. 12, 2022, and while every rally is different, history can provide important context. Bull markets last more than five years, on average. Since the current rally just entered its third year,…

Every decade seems to create a new wave of growth stocks that benefit from the latest trends in the economy. The last 20 years have created tremendous wealth for investors who jumped early on the growth of e-commerce (Amazon), streaming video (Netflix), and electric cars (Tesla). Artificial intelligence (AI) has the makings of the next wealth-building opportunity in the stock market. The AI market is expected to grow from $184 billion in 2024 to $826 billion by 2030, according to Statista. Here are two stocks that many investors may wish they had bought in another 20 years. Start Your Mornings…

Artificial Intelligence (AI) is proving to be a game-changing technology and with it, several companies are emerging as winners in this sector of the economy. The stocks for many of these companies have already seen large gains. But with AI still looking to be in the early innings, many of these stocks have additional room to run. Let’s look at five AI stocks that could be set to continue to run higher in the coming years. Are You Missing The Morning Scoop?  Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » Nvidia (NASDAQ:…

Nvidia (NASDAQ: NVDA) is one of the world’s largest companies. Its market capitalization stands at $3.3 trillion as of this writing, with $3 trillion of that value added in the last two years alone. Nvidia’s graphics processing units (GPUs) for the data center are the gold standard for developing artificial intelligence (AI) models, and they are the main proponent behind the company’s incredible growth. Over the past year, CEO Jensen Huang has spread some of Nvidia’s good fortune by investing in other AI stocks. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For…

STAMFORD, Conn., Dec. 5, 2024 /PRNewswire/ — Harbor Point Equipment Finance (“Harbor Point”), a new equipment finance platform, announces its official launch today. Harbor Point specializes in providing capital to the equipment finance industry across a variety of asset types. Harbor Point Logo Harbor Point is focused on acquiring seasoned performing and under-performing equipment lease and loan portfolios from banks and equipment finance providers that may wish to exit a business segment for strategic reasons, such as the need to generate liquidity, de-leverage, or simply to mitigate risk. Additionally, Harbor Point will be originating equipment leases and loans and syndicating…

Remaining Performance Obligations of $1.3 Billion, up 13% Year-Over-Year, up 14% in Constant CurrencyRecord GAAP Operating Margin of 8.5% and Record Non-GAAP Operating Margin of 29.1%GAAP Net Income Per Share of $0.05 and Record Non-GAAP Net Income Per Share of $0.45REDWOOD CITY, Calif., December 03, 2024–(BUSINESS WIRE)–Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced preliminary financial results for the third quarter of fiscal year 2025, which ended October 31, 2024.”We delivered strong Q3 financial results and unveiled the most transformational product line-up in Box history,” said Aaron Levie, co-founder and CEO of Box. “Now businesses of…