Shares of Walmart plunged after the mega-retailer said earnings in the holiday quarter were lower than expected. Online sales growth also slowed to just 23%, down from 50% in the previous quarter.
Meanwhile, NXP Semiconductors saw shares jump on news that Qualcomm was raising its offer for the rival chipmaker. The American semi-manufacturer is now willing to pay $44 billion for the company, as it tries to fend off a hostile takeover bid from Broadcom.
And we check in on shares of Fox on news that the company will start its own streaming service "Fox Nation," aimed at so-called "superfans." This comes as the network is seeing record high ratings.
Kory Kantenga, Head of Economics Americas at LinkedIn, unpacks Friday’s jobs numbers, labor force trends, and signals of a potential economic deal with China.
Bret Kenwell, US Investment Analyst at eToro, joins us to break down tech earnings, what’s driving tech stock momentum, and what investors should watch next.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
