Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead […]
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Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
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Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]
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