Thursday, March 28, 2024
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SEC Posts Memorandum Exploring BlackRock and Grayscale ETF Proposals

The SEC website showed one memorandum with details of a discussion with BlackRock, and another one on a discussion with Grayscale. The US Securities and Exchange Commission (SEC) on Sunday revealed on its website one memorandum detailing discussions with financial giant BlackRock (NYSE: BLK), and another with crypto asset manager Grayscale

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Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver

Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion.The better-than-expected earnings follow a 12-month growth trend, during which the company saw earnings increase by 34% over the last quarter and 206% over Q3 2022. While the company beat

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American Express Posts Sixth Consecutive Quarter of Record Revenue for Q3 2023

The Q3 figures for 2023 show that American Express pulled in record revenue despite increased expenses especially with customer engagements. Credit card giant American Express (NYSE: AXP) has published its revenue report for Q3 of 2023, pointing to record revenue for six consecutive quarters. According to an official press release, the company’s total revenue

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Costco Posts Strong Q4 2023 Earnings despite Changing Shopping Patterns

Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results

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