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Shares of Altria Group Inc. (NYSE: MO) rose over 1% on Friday. The stock has gained 26% over the past 12 months. The tobacco giant delivered better-than-expected earnings results for the fourth quarter of 2024. It continues to make progress in its smoke-free business while tackling challenges in its smokeable products business. Q4 numbers Altria … Read more
Key Takeaways Genius Group plans to expand its Bitcoin treasury to $100 million through a rights offering and additional financing. Shareholders can purchase additional shares at $0.50 each, with rights expiring on February 14, 2025. Share this article Genius Group, an AI-powered education company, is doubling down on its Bitcoin strategy. The company announced Friday … Read more
The new Fortitude venture will “look across the entire proof-of-work ecosystem to say what’s going to give us the largest return.” Read More
Altria Group, Inc. (NYSE: MO) reported its fourth quarter 2024 earnings results today. Revenues net of excise taxes increased 1.6% year-over-year to $5.1 billion. Net earnings increased 47.5% to $3 billion while earnings per share jumped 54.3% to $1.79 compared to last year. Adjusted EPS rose 9.3% to $1.29. Revenue and earnings beat estimates. For … Read more
U.K.-based engineering giant Smiths Group has confirmed a cybersecurity incident involving “unauthorized access” to its systems. The London-listed company, which operates across multiple sectors including energy, security, aerospace and defense, said Tuesday that it is currently “managing” the incident. The company said it isolated affected systems and activated its business continuity plans, implying a disruptive … Read more
Despite the challenges and less than developed market for pre-owned goods, it’s here to stay, says the Ingka Group CEO. Read More
In today’s fast-paced world, education is no longer just about attending classes and taking notes. It’s about acquiring skills that can be applied in real-world scenarios to stay ahead of the competition. TAL Education Group (NYSE:TAL) has been at the forefront of this revolution with its comprehensive learning solutions for students from all ages. TAL … Read more
Alaska Air Group (NYSE: ALK) Thursday reported a sharp increase in adjusted earnings for the fourth quarter of 2024, reflecting a double-digit revenue growth. Fourth-quarter net income, adjusted for one-off items, more than doubled year-over-year to $0.97 per share. On a reported basis, the company reported a net profit of $71 million or $0.55 per share … Read more
Key Takeaways CME Group has not made any official decisions regarding XRP or Solana futures contracts. A test page indicating potential futures contracts for XRP and Solana was released in error. Share this article The Chicago Mercantile Exchange (CME) denied making any official decisions about XRP or Solana futures contracts after a test page erroneously … Read more
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