Latest Financial News & Market Insights

benzinga38d ago

Bitcoin Miner MARA Pivots To AI After $1.7 Billion Loss As Stock Surges 10%

MARA Holdings (NASDAQ:MARA) surged over 10% after announcing a joint venture with Starwood Digital Ventures to pivot mining sites toward AI infrastructure, despite reporting a $1.7 billion Q4 loss driven by Bitcoin (CRYPTO: BTC) writedowns.MARA Reports $1.7 Billion Q4 LossThe company reported a Q4 net loss of $1.7 billion compared to net income of $528.3 million a year earlier. A $1.5 billion decline in the fair value of Bitcoin holdings wiped out operating gains as BTC dropped from $114,068 at the end of Q3 to $87,498 by December 31.Revenue fell 6% to $202.3 million from $214.4 million in Q4 2024, driven by a 14% drop in the average price of Bitcoin mined during the quarter. Full-year revenue grew 38% to $907.1 million, but the topline growth was overshadowed by the massive quarterly writedown.MARA held 53,822 BTC valued at roughly $4.7 billion ...Full story available on Benzinga.com

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prnewswire_co_uk38d ago

Number of shares and votes in BioArctic AB (publ) as of February 27, 2026

STOCKHOLM, Feb. 27, 2026 /PRNewswire/ -- BioArctic AB (publ) (Nasdaq Stockholm: BIOA B) announced today that the company issued 78,000 Class B shares during February for delivery of shares to participants in the 2019/2028 stock option program resolved at the Annual General Meeting on May...

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themarketsdaily38d ago

Axis Capital Holdings Limited Plans Quarterly Dividend of $0.44 (NYSE:AXS)

Axis Capital Holdings Limited (NYSE:AXS – Get Free Report) announced a quarterly dividend on Thursday, February 26th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.44 per share by the insurance provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 1.7%. [...]

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themarketsdaily38d ago

Sysco Corporation (NYSE:SYY) Plans $0.54 Quarterly Dividend

Sysco Corporation (NYSE:SYY – Get Free Report) announced a quarterly dividend on Thursday, February 26th. Stockholders of record on Thursday, April 2nd will be paid a dividend of 0.54 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, [...]

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themarketsdaily38d ago

Mayfield Group Holdings Limited (ASX:MYG) Announces Interim Dividend of $0.02

Mayfield Group Holdings Limited (ASX:MYG – Get Free Report) declared a interim dividend on Friday, February 27th, MarketIndexAU Dividends reports. Investors of record on Wednesday, March 18th will be given a dividend of 0.02 per share on Wednesday, March 18th. This represents a yield of 67.0%. The ex-dividend date is Tuesday, March 3rd. Mayfield Group [...]

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themarketsdaily38d ago

Capral Limited (ASX:CAA) Plans $0.30 Final Dividend

Capral Limited (ASX:CAA – Get Free Report) announced a final dividend on Friday, February 27th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 25th will be paid a dividend of 0.30 per share on Wednesday, March 25th. This represents a dividend yield of 229.0%. The ex-dividend date of this dividend is Tuesday, March 3rd. [...]

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benzinga38d ago

Raising Cash; Dorsey Creates Musk-Like Moment With 40% Job Cuts – Wide Dispersion in Stock Market; Hotter PPI

Raise Cash And HedgesCash and short term hedges are being raised by 2% – 4%, as per our model.Hotter PPIPlease click here for an enlarged chart of Block Inc (NYSE:XYZ).Note the following:This chart is about the big picture, not an individual stock. The chart of XYZ stock is being used to illustrate the point.The chart shows a 20% move up in XYZ stock. Block is the maker of the popular Cash App. The move up is the result of Jack Dorsey, founder of Block, announcing that XYZ will implement 40% job cuts. Dorsey was also a founder of Twitter. When Elon Musk bought Twitter, Musk made massive job cuts. At that time, Musk's critics were aghast and claimed the job cuts were so drastic that Twitter would fall apart. When Twitter not only continued to function but also started adding new features with a much smaller staff, other tech companies noticed. After Musk's move, a large wave of layoffs among tech companies followed.It is conceivable that Dorsey's move may have an impact similar to Musk's move. More large scale job cuts may follow.The difference between the job cuts at Twitter and those at Block is that Dorsey is reorganizing the company to take full advantage of AI.In our analysis, this time layoffs are not only coming to tech companies but they are coming to corporate America in general. Corporations are going to look at how Dorsey is reorganizing Block, and they are going to start reorganizing to fully take advantage of AI. Further, in our analysis, there is going to be a wide dispersion in how it impacts different companies in the stock market.Many stocks will experience major up moves because their labor expenses are going to go down. Stocks of many companies, such as software companies that sell per seat, are going to be adversely impacted. Examples are Salesforce Inc (NYSE:CRM), Workday Inc (NASDAQ:WDAY), Figma Inc ...Full story available on Benzinga.com

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bitcoinworld38d ago

Dow Jones Plunges 600 Points as Alarming PPI Data Sparks Market Panic

BitcoinWorldDow Jones Plunges 600 Points as Alarming PPI Data Sparks Market PanicNEW YORK, March 12, 2025 – The Dow Jones Industrial Average suffered a staggering 600-point decline today, marking its worst single-day drop in months as unexpectedly hot Producer Price Index (PPI) data rattled investor confidence and reignited inflation fears. This sharp sell-off reflects deep market anxiety about persistent price pressures and their implications for Federal [...]This post Dow Jones Plunges 600 Points as Alarming PPI Data Sparks Market Panic first appeared on BitcoinWorld.

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wallst_24738d ago

3 Of the Best Dividend ETFs for Passive Investors Thinking Long-Term

Creating a meaningful portfolio of passive income is a worthwhile exercise for many investors. Those thinking long-term (either in the process of saving for retirement, or nearing retirement) can benefit from passive income streams over the long-term. That goes double for those who have such investments in tax-advantaged accounts, but that’s a whole other piece. ... 3 Of the Best Dividend ETFs for Passive Investors Thinking Long-TermThe post 3 Of the Best Dividend ETFs for Passive Investors Thinking Long-Term appeared first on 24/7 Wall St..

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techannouncer38d ago

FINNOVEX UNVEILS 2026 GLOBAL CHAPTERS: A STRATEGIC MULTI-CONTINENT EXPANSION TO REDEFINE FINANCIAL ECOSYSTEMS

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themarketsdaily38d ago

CoinShares International Limited (OTCMKTS:CNSRF) Short Interest Update

CoinShares International Limited (OTCMKTS:CNSRF – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,826 shares, an increase of 207.9% from the January 29th total of 593 shares. Based on an average daily volume of 1,128 shares, [...]

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wallst_24738d ago

We Asked 4 AI Models What XRP Will Be Worth by December 31, 2026: Their Answers Ranged From $1.4 to $14

We asked ChatGPT, Claude, Grok, and DeepSeek the same question: What will XRP (CRYPTO: XRP) be worth by the end of 2026? Their answers ranged from $1.4 to $14, marking a 10x gap between the most cautious and most aggressive forecasts. Ripple has seen a wave of bank partnerships recently, and its RLUSD stablecoin crossed ... We Asked 4 AI Models What XRP Will Be Worth by December 31, 2026: Their Answers Ranged From $1.4 to $14The post We Asked 4 AI Models What XRP Will Be Worth by December 31, 2026: Their Answers Ranged From $1.4 to $14 appeared first on 24/7 Wall St..

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