News list for "Third quarter"
The Commerce Department will release its latest estimate of U.S. GDP for the third quarter on January 22.
The Bureau of Economic Analysis will release third-quarter GDP data on December 23.
The Bureau of Economic Analysis has scrapped plans to release its estimate of gross domestic product for the third quarter, which was due to be released on October 30 but has been delayed by the federal government shutdown. The PCE price index, the Fed's preferred measure of inflation, and the income and expenditure report will be released at 10am local time in Washington on December 5.
Well-known trader Peter Brandt said he doesn't think bitcoin will break through $200,000 by the end of the year, as some cryptocurrency industry executives are predicting. In fact, he thinks it could take nearly four years to reach that price. "Bitcoin's next bull run should push its price to around $200,000, which is expected around the third quarter of 2029," Brant said in a post on the X platform (formerly Twitter) on Thursday. At the same time, he...
On Wednesday, the market continued its downward trend, and the world's most valuable listed company's strong quarterly earnings report helped to contain the sell-off. Nvidia (Nvidia) reported third quarter revenue of $57 billion, and expects fourth quarter revenue will be between 63.70 billion and 66.30 billion dollars, much higher than the market consensus expectations of $61.98 billion. It is worth noting that Nvidia's first...
Japanese bitcoin crypto treasury (DAT) company Metaplanet announced its third quarter earnings. Sales 2.401 billion yen, up 94% from the previous quarter; operating profit 1.339 billion yen, up 64% from the previous quarter; net profit 12.70 billion yen; net assets 532.90 billion yen, up 165% from the previous quarter.
Circle (CRCL. N) third-quarter total revenue and reserve revenue of $740 million.
Berkshire Hathaway (BRK. A.N) did not repurchase any of its shares in the third quarter and the first 20 days of October.
Bitcoin treasury company Strategy (ticker: $MSTR) reported third-quarter net profit of $2.80 billion.
Strategy (MSTR), a bitcoin treasury company, saw its third-quarter net profit fall to $2.80 billion, well below the previous quarter's record $10 billion, but still slightly beat analysts' expectations for earnings per share of $8.42 ($8.15 expected). The pullback in bitcoin prices caused its market cap/bitcoin net worth ratio (mNAV) to fall to about 1.2 times, the lowest since March 2023. The company added about 43,000 bitcoins in the quarter, and its total holdings were 640,000, worth nearly $...
