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Stock market today: Dow, S&P 500, Nasdaq futures rise after Trump delivers State of the Union, Nvidia earnings loom
Yahoo Finance· 2026-02-24 23:44
In comments on Tuesday night, President Trump said he is hoping to make a deal with Iran, but only if the Iranians are willing to pledge to never develop nuclear weapons. “We want to make a deal but we haven't heard those secret words: ‘We will never have a nuclear weapon,'" Trump said. "My preference is to solve this problem through diplomacy but one thing is certain: I will never allow the world’s number one sponsor of terrorism, which they are by far, to have a nuclear weapon — cant let that happen.” ...
Palantir faces a ‘quiet shockwave’ from a small deal with big optics
Yahoo Finance· 2026-02-24 23:33
Palantir (PLTR) is having the kind of year that most data analytics companies can only dream about. The AI-focused company's financial statistics are incredibly strong, strapped, in effect, to a rocket ship. Still, headlines find a way to complicate the trade. Shares have recently changed hands for about $131, which is down approximately 3% from the prior close, according to the latest market print. It's a stark reminder that even after a massive multi-year run, PLTR can swing violently, depending on the c ...
Crypto.com joins the club with bank charter approval. Here are the other firms it joins
Yahoo Finance· 2026-02-24 23:32
Crypto.com this week became the latest crypto company to receive conditional approval from the Office of the Comptroller of the Currency for a national trust banking charter. The approval comes after the US’ largest banking lobby this month urged the OCC to slow its review of crypto companies’ charter applications. “ABA encourages OCC to ensure that a national bank charter does not become a vehicle leveraged by entities to avoid, or attempting to avoid, registration with and scrutiny by the SEC, CFTC, o ...
Binance reveals sanctions exposure fell 96.8% since January 2024
Yahoo Finance· 2026-02-24 23:32
Across traditional banking, fintech, and crypto markets, financial crime risk is a constant. The defining test for any institution is not the absence of risk, but how effectively it is identified, investigated, mitigated, and reported. Binance states that recent coverage in the crypto space fails to reflect how these mechanisms operate in practice. The company is defending its regulatory framework against recent reports, citing hundreds of millions of dollars invested in compliance infrastructure and sweep ...
1492 Capital Loads Up AAOI With 216,000 Shares Bought
Yahoo Finance· 2026-02-24 23:31
On February 10, 2026, 1492 Capital Management LLC disclosed a new position in Applied Optoelectronics (NASDAQ:AAOI). What happened According to a Securities and Exchange Commission (SEC) filing dated February 10, 2026, 1492 Capital Management LLC initiated a new position in Applied Optoelectronics, acquiring 215,987 shares. The estimated transaction value was $7.53 million based on the quarterly average share price. The stake’s quarter-end value also totaled $7.53 million, capturing both the purchase and ...
Michael Burry Warns MSFT, GOOG, META Are Using 'Sinister' Accounting To Hide AI Costs, Inflate Profits By 20%
Yahoo Finance· 2026-02-24 23:30
Famed “Big Short” investor Michael Burry has issued a scathing warning to Silicon Valley, alleging that tech giants are employing aggressive accounting maneuvers to mask the true costs of the AI infrastructure race. The ‘Sinister’ Accounting Trick Burry, in an X post, targeted a group of Big Tech companies, including Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), and Meta Platforms Inc. (NASDAQ:META), accusing them of “understating depreciation” to protect their bottom lines. ...
Nvidia Stock Is Outperforming the Market in 2026. Is It a Buy?
Yahoo Finance· 2026-02-24 23:30
Shares of artificial intelligence (AI) chip leader Nvidia (NASDAQ: NVDA) have held up well in early 2026, edging ahead of the broader market even as several other megacap tech companies have seen their share prices get hit hard. With the stock starting off 2026 outperforming the broader market, could this trend persist over the long haul? It's a good time to take a look at the growth stock. Nvidia reports earnings on Wednesday, and it will likely also provide its first look at fiscal 2027 guidance in the ...
Dimon Sees Pre-Crisis Parallels as Rivals Do 'Dumb Things'
Yahoo Finance· 2026-02-24 23:28
JPMorgan Chase CEO Jamie Dimon, asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "Unfortunately, we did see this in '05, '06 and '07, almost the same thing the rising tide was lifting all boats, everyone was making a lot of money," Dimon told investors on Monday. While JPMorgan isn't willing to make riskier loans to boost net interest income, he said, "I see a couple p ...
BridgeBio Pharma Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 23:26
Chief Commercial Officer Matt Houghton said Attruby’s growth has been strongest in first-line patients and attributed momentum to the “exceptional data” for the therapy and the company’s field execution. He emphasized that the company has historically provided a quarterly “new patient start” figure, but said BridgeBio will stop reporting that metric going forward because competitors do not disclose comparable data and continued disclosure could create a competitive disadvantage.BridgeBio reiterated that Att ...
Astronics Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 23:26
The company also reported improved profitability in the quarter. Gundermann said operating income margin was 14.8% and adjusted EBITDA was 19% , which he called post-pandemic records. Astronics generated $27.6 million in cash from operations in the quarter and ended the period with $231 million of available liquidity after completing a planned transition from an asset-based lending facility to a cash flow-based revolving credit facility.Chairman, President and CEO Peter Gundermann said fourth-quarter revenu ...