Day: February 13, 2025
From AI to 16K screens, tech is once again disrupting the movie industry
The multibillion-dollar global film industry is at the advent of another technological revolution, set to make movie-making easier than ever before. One innovator in the space is prestigious camera and production supplies company, ARRI, which opened a groundbreaking stage just outside London in 2021. The stage features a 30-meter wide, 16K resolution screen. “It replaces […]
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S&P 500 futures are flat after Trump delays new tariffs, Wall Street heads for winning week: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSE S&P 500 futures were little changed Thursday night after President Donald Trump held off on imposing new reciprocal tariffs. Futures linked to the 500-stock index were marginally lower, as were Dow Jones Industrial Average futures. Nasdaq 100 futures dipped […]
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China’s pain threshold for tariffs is a ‘lot lower’ than U.S., says former Trump advisor
China’s pain threshold for tariffs is “a lot lower” than the U.S.’, according to Stephen Moore, a former economic advisor to U.S. President Donald Trump. Speaking at a Delivering Alpha event in Dubai, Moore said that China was Trump’s main target regarding tariffs. He described the foreign economic policy as a “negotiating tool” from the […]
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Stocks making the biggest moves after hours: GameStop, Coinbase, Airbnb, Informatica and more
Check out the companies making headlines after the bell : GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar with the matter told CNBC. The company is still figuring out whether the move would make sense for GameStop’s business, […]
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Coinbase revenue surges more than 130% driven by postelection crypto rally
In this photo illustration, a Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase Thursday reported better-than-expected fourth-quarter results and its biggest quarterly revenue in three years, strengthened by a raging postelection rally that pushed crypto prices to new high after […]
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Airbnb shares pop 15% on better-than-expected earnings and revenue
Thomas Fuller | Lightrocket | Getty Images Airbnb shares jumped 15% in extended trading on Thursday after the company reported fourth-quarter earnings and revenue that beat analysts’ estimates. Here’s how the company did compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 73 cents vs. 58 cents expected Revenue: $2.48 billion vs. […]
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GameStop is considering investing in bitcoin and other cryptocurrencies, sources say
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A general view of the GameStop store logo in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images Video game retailer turned meme stock GameStop is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter. GameStop […]
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Airbnb pops more than 10% after Q4 beat
CNBC’s Julia Boorstin joins ‘Closing Bell Overtime’ to talk Airbnb earnings. Source
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Defense stocks drop after Trump says Pentagon spending could be halved
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in […]
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Top federal prosecutor, DOJ official quit after refusing order to toss Eric Adams case
Danielle Sassoon, assistant US Attorney for the Southern District of New York, exits court in New York, US, on Thursday, Oct. 5, 2023. Stephanie Keith | Bloomberg | Getty Images A top federal prosecutor in New York and a senior Department of Justice official resigned Thursday after refusing a DOJ order to dismiss the pending […]
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