DEXWireNews

DEXWireNews

Pepe coin ( CRYPTOCAP:PEPE ), a popular meme cryptocurrency, has experienced a significant price surge, reaching a new ATH of $0.00001577. The frog-themed meme crypto has been on a bull run, with weekly gains of over 50% and an over 100% price upswing recorded over the past month. The token has gained significant investor interest and secured the 20th spot on the...

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TSMC ( NYSE:TSM ), a supplier of Nvidia and Apple, has forecasted an annual revenue growth of 10% for the global semiconductor industry due to the surge in demand for artificial intelligence (AI). The company, which is a major supplier to Apple, has seen strong AI server demand, which has risen 2.5 times from last year. This is considered a "golden age of...

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Dell Technologies shares ( NYSE:DELL ) hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications. Nvidia, a major AI-heavyweight, posted strong quarterly results and forecasted current-quarter revenue above Wall Street expectations, reinforcing that customers' spending on genAI will continue to hold strong....

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Celsius ( LSE:CEL ) has seen a significant increase in price, jumping 135% in the last 24 hours, with daily trading volume above 872%. This surge is attributed to increased bullish sentiments and whale activities. The crypto market has seen slight recovery figures after inter-day trading saw top coins lose steam. Celsius's bullish momentum has sparked a frenzy...

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Qualcomm shares ( NASDAQ:QCOM ) surged by 4.31% following NVIDIA's impressive earnings report, boosting investor confidence and causing a ripple effect on $QCOM. The semiconductor industry experienced a surge as investors reacted positively to NVIDIA's robust financial performance. NVIDIA's earnings report, which beat expectations with adjusted earnings per share...

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FTX's bankruptcy estate has completed the sale of $2.6 billion worth of Solana ( CRYPTOCAP:SOL ) tokens at significant discounts. Figure Markets and Pantera Capital were among the latest buyers, acquiring a block of 800,000 tokens for approximately $80 million, equating to about $102 per token. Solana ( CRYPTOCAP:SOL ) is down 3.3% on the day. Pantera Capital also...

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Ross Stores ( NASDAQ:ROST ) has reported better-than-anticipated results and raised its guidance as it reduced costs. The off-price apparel and home goods retailer beat profit and sales forecasts, despite facing macroeconomic headwinds that squeezed its lower-income customers. CEO Barbara Rentler said the results came even as the company faced macroeconomic...

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Deckers Outdoor's stock ( NYSE:DECK ) surged 13.56% to reach $1,000 for the first time in Q4, driven by the popularity of Ugg boots and Hoka sneakers among Americans. The company's stock has been up 35% this year, after rising 67% in 2023. In contrast, Nike has dropped 15% this year. Deckers Outdoor's stock is expected to remain bullish as it shows it can maintain...

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Workday shares ( NASDAQ:WDAY ) fell 14% in extended trading on Thursday after the company provided softer-than-expected current-quarter and full-year subscription revenue guidance. The company lowered its full-year subscription revenue forecast due to elevated sales scrutiny and lower customer headcount growth. Workday ( NASDAQ:WDAY ) also announced a partnership...

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Intuit, the maker of tax filing software TurboTax, reported a rise in third-quarter revenue and raised its annual forecasts due to demand for its AI-powered financial products during a robust tax season. The company's tax-preparation software, personal finance portal Credit Karma, and accounting software QuickBooks are in high demand from small businesses and...

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Booz Allen Hamilton ( NYSE:BAH ) delivered strong fiscal fourth-quarter results for 2024, with earnings per share (EPS) growing by 32% to $1.33 and revenue increasing by 14% to $2.77 billion. The company also raised its outlook for fiscal 2025, forecasting adjusted EPS of $5.80 to $6.05 and revenue growth of 8% to 11%. This performance is driven by increased...

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Nokia ( NYSE:NOK ) has completed the acquisition of Fenix Group, a privately held company specializing in tactical communications solutions for the defense communities yet the stock is down 2.53% on Thursday's market trading. The acquisition, announced in December 2023, strengthens Nokia's position in the defense sector by adding Fenix's broadband tactical...

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Cosmetics company e.l.f. Beauty (NYSE: NYSE:ELF ) reported first-quarter earnings results that surpassed analysts' EPS expectations and revenue by 71% YoY. The company surpassed the SEED_TVCODER77_ETHBTCDATA:1B annual sales milestone in FY'24, but its operating margin missed analysts' expectations and its full-year revenue and earnings guidance missed Wall...

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NASDAQ:PDD stock surged 6% on Thursday, following strong Q1 earnings for Temu parent company PDD Holdings ( NASDAQ:PDD ). Sales jumped 131% year-over-year for the March-ending quarter. On the stock market today, U.S.-listed NASDAQ:PDD stock is up 6% at 156.14 in higher than usual volume. NASDAQ:PDD Holdings includes China-focused e-commerce platform Pinduoduo...

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Ripple ( CRYPTOCAP:XRP ) holders are debating the impact of the Financial Innovation and Technology for the 21st Century Act (FIT21) on the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The outcome of the lawsuit could affect Ripple's native token XRP's price and affect the payment remittance firm's institutional sales of XRP token. Attorney Bill...

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The approval of spot ether exchange-traded funds (ETF) in the U.S. could lead to a significant rise in the token's value, mirroring the market reaction seen with bitcoin ETFs. Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETF started trading on Jan. 11, CoinGecko data shows. The decision on the ether ETF is expected soon, with significant...

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Medtronic ( NYSE:MDT ), a health tech firm, has beat Wall Street estimates for quarterly profit and revenue in Q4 due to a pickup in surgical volumes at hospitals. The company's financial performance has grown due to a resurgence in demand as people, especially older adults, opted for medical procedures deferred during the COVID-19 pandemic. Medtronic forecasts...

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Chip stocks soared in out-of-hours trading on Wednesday and Thursday after chipmaker Nvidia ( NASDAQ:NVDA ) smashed Wall Street's expectations with its latest earnings report, continuing a period of extraordinary growth as booming interest in artificial intelligence propels the tech sector to new heights. Shares for Nvidia ( NASDAQ:NVDA ) climbed nearly 8% during...