Learning archive

Financial Group Oddo Plans Foray Into Swelling Stablecoin Market
  • December 11, 2024

Financial Group Oddo Plans Foray Into Swelling Stablecoin Market

(Bloomberg) -- Oddo BHF SCA is working on a euro-denominated stablecoin, people familiar with the matter said, an initiative that would bring it into an increasingly crowded market. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe Paris-based financial group has been working with crypto

Read More
Interactive Strength Set To Acquire Fitness Equipment Company In Equity Swap, Eyeing Revenue And Market Expansion
  • December 11, 2024

Interactive Strength Set To Acquire Fitness Equipment Company In Equity Swap, Eyeing Revenue And Market Expansion

Interactive Strength Inc. (NASDAQ:TRNR) shares are surging premarket on Thursday after the company inked a non-binding letter of intent and exclusivity agreement to acquire a connected-fitness equipment company. The target company has over $40 million in revenue and positive EBITDA, in a 100% equity consideration transaction. This acquisition supports its strategy of leveraging its public listing to acquire profitable, high-growth businesses in the fragmented global health & wellness market. The

Read More
How To Earn $500 A Month From Broadcom Stock Ahead Of Q4 Earnings
  • December 11, 2024

How To Earn $500 A Month From Broadcom Stock Ahead Of Q4 Earnings

Analysts expect Broadcom Inc. (NASDAQ:AVGO) to report fourth quarter earnings at $1.39 per share after the closing bell on Thursday, Dec. 12. That would be up from $1.11 per share in the year-ago period. The Palo Alto, California-based company also projects quarterly revenue of $14.06 billion, compared to $9.29 billion a year earlier. With the recent buzz around Broadcom, some investors may be eyeing potential gains from the company's dividends. As of now, Broadcom offers an annual dividend yiel

Read More
Furniture Company Lovesac Stock Drops 20% After Lowered FY25 Outlook And Missed Q3 Revenue Estimates
  • December 11, 2024

Furniture Company Lovesac Stock Drops 20% After Lowered FY25 Outlook And Missed Q3 Revenue Estimates

The Lovesac Company (NASDAQ:LOVE) shares are trading lower in the premarket session on Thursday. The company reported a third-quarter loss per share of 32 cents, narrower than the street view of 35 cents loss. Quarterly sales of 149.905 million (down 2.7%) missed the analyst consensus estimate of $155.264 million. The decrease in net sales was primarily driven by a decrease of 8.3% in omni-channel comparable net sales, partially offset by the net addition of 28 new showrooms. During the third qu

Read More