Finance

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income. Net profit attributable to the group came in at 1.969 billion euros ($2.03 billion) in the fourth quarter, compared with an analyst forecast of 1.803 billion euros, according to…

Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology. Screenshot BEIJING — Chinese electric car giant BYD shares hit a record high in Hong Kong trading Tuesday after the company said it is going all in on driver…

PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England.   Matt Cardy | Getty Images News | Getty Images As the specter of Donald Trump’s reciprocal tariffs looms, several Asian economies that enjoy substantial trade surpluses…

Binance Coin (BNB) price rose as high as $622 on Monday, reflecting 9% gains over the weekend. Binance ex-CEO Changpeng Zhao has denied rumored ties to TST, a memecoin recently launched on the BNB Chain. Sanitment’s social volume charts show mentions of BNB have hit a 60-day peak.  Binance Coin (BNB) price rose as high…

Ethereum price today: $2,670 Ethereum’s short positions on the CME soared 40% to a new all-time high following rising negative sentiments. Increased ETH ETF inflows alongside rising short positions indicate investors may be leveraging Ethena’s cash-and-carry strategy. Ethereum could rally to a descending channel’s upper boundary but faces a key hurdle near $2,817. Ethereum (ETH)…

Traders work underneath GameStop Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, June 7, 2024.  Michael Nagle | Bloomberg | Getty Images Shares of GameStop and MicroStrategy were on the rise Monday after Ryan Cohen, CEO of the video game retailer, posted a photo with…

McDonald’s stock rises 5% after unveiling Q4 results. Comparable sales worldwide grew 0.4%, above -0.93% expected. Adjusted EPS of $2.83 missed consensus by 3 cents. Revenue of $6.39 billion misses Wall Street average by $90 million.   McDonald’s stock (MCD) ploughed more than 5% higher at points on Monday morning despite missing fourth-quarter consensus on…

SUI gains over 8% on Monday, breaking above the $3 level.  The total value locked (TVL) on the Sui blockchain climbed 5% in the past 24 hours, reaching $1.43 billion.  Technical and on-chain indicators support a bullish outlook, positioning SUI for double-digit gains.  SUI, the native token of the Layer 1 blockchain, is rallying on…

U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States…

Follow Frank on X. In July of last year, Swiss privacy tech company Proton (makers of Proton Mail) announced it would be launching its own bitcoin wallet — Proton Wallet. I (along with about 100,000 other users) was given early access to the wallet to test it out and was impressed with the wallet’s user…