Workflow
Yahoo Finance
icon
Search documents
Gemini Prepares $317M New York Listing; Source Confirms Nasdaq Not Investing in IPO
Yahoo Finance· 2025-09-09 16:59
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing to debut in New York this week in a move expected to raise as much as $317 million. The listing marks one of the most closely watched U.S. public offerings in the digital asset sector this year. Clarification on IPO Participation However, contrary to earlier reports, Nasdaq is not investing in Gemini’s IPO, a source close to the matter told CryptoNews. The clarification follows speculation that Nasdaq would particip ...
Robust Earnings Results Lifted ServiceNow (NOW) in Q2
Yahoo Finance· 2025-09-09 16:57
Brown Advisory, an investment management company, released its “Brown Advisory Large-Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Brown Advisory Large-Cap Growth strategy has shown resilience this year amid heightened volatility, protecting investor capital during market declines and participating in the strong rebound since early April. The strategy returned 16% during the second quarter, slightly underperforming the benchmark, the Russell 1000® ...
SailPoint Raises Outlook As CEO Says Identity Security Key For Enterprises, Stock Tumbles
Yahoo Finance· 2025-09-09 16:56
SailPoint (NASDAQ:SAIL) stock slid on Tuesday after it reported fiscal second-quarter results. The identity security firm reported revenue of $264.36 million, up 33% year-on-year and ahead of analyst expectations of $240.58 million. Subscription revenue climbed 36% to $248 million. Adjusted EPS came in at a 2-cent loss, better than the anticipated 10-cent deficit. Also Read: SailPoint Q4 Earnings: 29% ARR Growth, Strong SaaS Momentum, Projects Up To $1.08 Billion ARR In 2026 Annual Recurring Revenue (ARR ...
Here’s What Sent Uber Technologies (UBER) Higher
Yahoo Finance· 2025-09-09 16:55
Brown Advisory, an investment management company, released its “Brown Advisory Large-Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Brown Advisory Large-Cap Growth strategy has shown resilience this year amid heightened volatility, protecting investor capital during market declines and participating in the strong rebound since early April. The strategy returned 16% during the second quarter, slightly underperforming the benchmark, the Russell 1000® ...
Designer Brands Posts Mixed Q2 Results, Won’t Reinstate Annual Guidance Due to Uncertainty
Yahoo Finance· 2025-09-09 16:54
One nugget of good news from Designer Brands Inc.’s second quarter earnings report was that sequential comparable sales showed improvement from the first quarter, suggesting that strategies to strengthen the company could be taking hold. “Our second quarter results were highlighted by a 280-basis point sequential improvement in comparable sales from the first quarter, underscoring the impact of our targeted operational initiatives,” said the shoe firm’s CEO Doug Howe in a statement. “These initiatives sup ...
Microsoft (MSFT) Rose in Q2 as Results and Guidance Update Surpassed Expectations
Yahoo Finance· 2025-09-09 16:53
Brown Advisory, an investment management company, released its “Brown Advisory Large-Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Brown Advisory Large-Cap Growth strategy has shown resilience this year amid heightened volatility, protecting investor capital during market declines and participating in the strong rebound since early April. The strategy returned 16% during the second quarter, slightly underperforming the benchmark, the Russell 1000® ...
SharpLink Activates $1.5B Buyback, Repurchases 1M Shares as $SBET
Yahoo Finance· 2025-09-09 16:51
SharpLink Gaming Inc, one of the largest corporate holders of Ethereum, has officially begun deploying its $1.5 billion share buyback program. The company repurchased approximately 939,000 shares of common stock at an average price of $15.98, underscoring its view that the stock is significantly undervalued. Management says that buybacks represent a compelling investment opportunity, immediately accretive to shareholders, while reinforcing confidence in the company’s long-term growth prospects. Balance ...
7 Ways Managing Your Finances Becomes Trickier When You’re Self-Employed
Yahoo Finance· 2025-09-09 16:47
Being your own boss is empowering, but it also means managing irregular income, taxes and financial planning without a safety net. The freedom of self-employment comes with a whole new set of money rules that most traditional financial advice simply doesn’t cover. Learn More: Here’s How To Avoid a Huge Tax Bill After a Successful Side Gig Find Out: 3 Advanced Investing Moves Experts Use to Minimize Taxes and Help Boost Returns Jannese Torres-Rodriguez knows this reality better than most. As a former engine ...
Billionaire hedge-fund mogul offers frank words about the Fed
Yahoo Finance· 2025-09-09 16:47
There’s a ton of chatter around the U.S. economy, with the Fed’s independence on the line and recession risks rising again. The August jobs report barely moved the needle (+22,000; jobless rate 4.3%), a remarkably soft print that feeds into the cooling demand narrative. At the same time, ISM Manufacturing was mostly in contraction at 48.7, reinforcing that growth is losing steam. What’s worrying is that it comes even without the likely policy shock. Adding to the mix, billionaire hedge-fund mogul Ken Gr ...
Phillips 66 To Acquire Cenovus Stake In WRB Refining For $1.4 Billion Cash Deal
Yahoo Finance· 2025-09-09 16:34
Phillips 66 (NYSE:PSX) announced on Tuesday that it will acquire the remaining 50% stake in WRB Refining LP from Cenovus Energy Inc. (NYSE:CVE) for $1.4 billion in cash, giving it full ownership of two U.S. refineries it has operated since 2007. The deal covers Cenovus’ share of the Wood River refinery in Roxana, Illinois, and the Borger refinery in Borger, Texas, which together can process about 495,000 barrels per day. Phillips 66 Chairman and CEO Mark Lashier said complete ownership will simplify opera ...