Shares of tax preparation company H&R Block, Inc. (HRB) are rising more than 6% Wednesday morning after reporting improved earnings in the fourth quarter. Net income in the fourth quarter increased to $302.27 million or $1.96 per share from $222.7 million or $1.36 per share in the same quarter a year ago. Excluding one-time items, earnings were $2.05 per share. […]

Shares of Evolv Technologies Holdings, Inc. (EVLV) are surging more than 24% Friday morning after reporting more than 100% revenue growth in the second quarter. The company also raised its full-year revenue outlook. Total revenue for the second quarter was $19.8 million, an increase of 119% from last year. Net loss for the quarter was $66.8 million, or $0.45 per […]

A prominent cryptocurrency analyst has recently shared an ambitious price prediction for the flagship cryptocurrency Bitcoin ($BTC), suggesting the cryptocurrency could see a surge of over 130% to the $70,000 mark by the end of the year. In a post shared with their over 340,000 followers on the microblogging platform X (formerly known as Twitter), pseudonymous analyst CredibleCrypto made it […]

Popular cryptocurrency investor Preston Push has recently predicted that the price of the flagship cryptocurrency Bitcoin ($BTC) is set to see a 100% rise per year when compared to fiat currencies like the U.S. dollar. During a recent discussion with Scott Melker, Pysh elaborated on his Bitcoin price prediction, pointing to its ascent as a prominent store of value in […]

Cryptocurrencies rallied close to 1.5 percent in the past 24 hours ahead of the release of the CPI data from the U.S. on Thursday. Producer price inflation readings are due on Friday. World markets expect consumer price inflation in the U.S. to have edged up to 3.3 percent in July, from 3 percent a month earlier. Crypto markets continued to […]

Shares of Valaris Limited (VAL), an offshore drilling contractor, are falling more than 4% Tuesday morning at $72.35. On Monday, the company priced the $400 million 8.375% Senior Secured Notes due 2030. The offering, expected to conclude on August 21, was upsized to $400 million of Notes from the original $350 million. Valaris intends to use the net proceeds of […]

Cryptocurrencies gained 0.80 percent in the past 24 hours amidst fresh fears related to the banking sector in the U.S. Close on the heels of the sovereign rating downgrade of the U.S. by Fitch Ratings, rating agency Moody’s downgraded 10 small & mid-sized banks in the U.S. It also warned of potential rating downgrades for 6 bigger banks including Bank […]

The U.S. SEC could rule on ARK Invest’s spot Bitcoin ETF filing in less than a week. The ruling has been highly anticipated by cryptocurrency investors and traders alike, especially as market players are convinced that the ruling could have a significant impact on the entire cryptocurrency market. As the SEC stated in a Federal Register filed on the 15th […]

On 13 July 2023, a significant ruling was delivered in the ongoing SEC v. Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and selling securities. The case was presided over by Hon. Analisa Torres, a district judge at the United States District […]