Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App revenue.Here’s how the company did, compared to an analyst consensus from LSEG, formerly Refinitiv:Earnings per…

Shares of Volvo Cars dipped on Friday, after the company said it would dilute its stake in electric vehicle maker Polestar by distributing 62.7% of its holdings to its shareholders.The move would “enable Volvo Cars to concentrate its resources on the next phase of its transformation,” the company said in…

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Nvidia has named Huawei a top competitor in a number of areas, including in the crucial production of processors that power artificial intelligence…

Last updated: February 23, 2024 04:18 EST | 3 min read Source: Midjourney Venture capitalists are warming up to funding blockchain and crypto projects, ready to fuel the next wave of innovations.After two years of hardship, crypto entrepreneurs are now seeing a potential shift in fortunes, with Bitcoin’s surge of…

Married couples in or near retirement should know that the solo years, the period after one spouse passed away, usually are the most difficult period in retirement both financially and emotionally. The solo years are when most retirement plans are likely to fail or falter. The financial difficulties of the…

With home prices still unaffordable for many buyers, some homebuyers are turning to co-purchasing with those other than romantic partners, a JW Surety Bonds study found. Close to 15% of Americans have co-purchased a home with a family member or friend rather than their spouse or partners. An additional 48%…

President Joe Biden’s Administration announced $1.2 billion in student loan forgiveness for qualifying borrowers enrolled in the Saving on Valuable Education (SAVE) plan, according to a White House statement. The move will zero out the balance for roughly 153,000 borrowers enrolled in the plan who have been making at least 10…

Capital One Financial’s $35.3 billion deal for Discover Financial would create new competition for payments behemoths Visa and Mastercard, potentially helping smoothen the path for regulatory approval, analysts said. The all-stock deal announced on Monday would give Capital One access to Discover’s network of payments processing and settlement services, allowing…

Brightcove Inc. (NASDAQ:BCOV) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Marc DeBevoise – CEO Rob Noreck – CFO Conference Call Participants Steve Frankel – Rosenblatt Securities Eric Martinuzzi – Lake Street Capital Rob Noreck Good afternoon and welcome to Brightcove’s Fourth Quarter and Full…

Former President Donald Trump’s lawyers have filed several motions to dismiss the classified documents case in Florida, citing, among other things, presidential immunity and arguing special counsel Jack Smith was unlawfully appointed. This is a developing story and will be updated. Read the full article here