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Hims & Hers Health reported strong Q4 2024 revenue growth, surpassing expectations, but its stock fell 18% due to margin concerns and regulatory scrutiny...
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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle
- Entrepreneurship
- Technology
- Politics
- Finance
- Cryptocurrencies
Solana Memecoin Cabals Disrupt Crypto Frontier
Former Binance CEO Changpeng Zhao inspires flood of ‘Broccoli’ memecoins: ‘I am just posting my dog’s picture’
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump‘
Coinbase posts $TKB in Q4 revenue on back of crypto bull market
Who is Alexander Vinnik, the Bitcoin criminal Trump freed in a prisoner exchange with Russia?
- Lifestyle
Fans react after Usher’s 2024 BET Awards speech is muffled.
Alcaraz makes early entry into all-court elite with French Open victory.
Meghan’s Lifestyle Brand Takes Off with Its Premier Product
Female Power: Songwriter Conquers Male Competition in Video Gaming
Ukrainian Amputee’s Survival: The Inspirational Role of His Wife’s Voice
- People
Timothée Chalamet jokes about Dune popcorn bucket, constantly losing at award shows in SNL open
UK’s King Charles urges compassion and care for the environment in times of conflict
In Christmas Day message, pope decries Gaza’s ‘appalling harvest’ of civilian deaths
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol
All posts tagged "#markets#accounting#biznob"
Business
The Saver’s Credit helps low- and moderate-income earners reduce their tax bill while saving for retirement. Many eligible taxpayers miss out due to low...
Business
President Trump confirmed tariffs on Canada and Mexico will proceed as planned, emphasizing the need to protect U.S. industries. Despite concerns over trade relations...
Business
Nvidia's Q4 2025 earnings report, set for February 26, will highlight its AI market position amid competition from DeepSeek. Despite stock fluctuations and Blackwell...
Business
Making friends as an adult is challenging due to distance, life stage differences, and shifting values. However, fostering connections is possible through deep conversations,...
Business
The stock market had a mixed session on February 24, 2025, with AI stocks struggling while Bristol Myers Squibb outperformed, gaining over 3%. Defensive...
Business
JPMorgan Chase CEO Jamie Dimon criticized government inefficiency, advocating for reforms that ensure spending benefits citizens. With Elon Musk leading the new Department of...
Business
U.S. President Donald Trump and French President Emmanuel Macron held a pivotal White House meeting amid the Ukraine conflict. Key topics included ending the...
Business
Anthropic has unveiled **Claude 3.7 Sonnet**, a groundbreaking AI model with hybrid intelligence that adapts seamlessly to user queries. This innovation positions Anthropic as...
Business
Jamal Robinson retired at 40 with $3.6 million through disciplined saving and smart investments. Influenced by *The Millionaire Next Door,* *Die With Zero,* and...
Business
On February 24, 2025, Berkshire Hathaway surged 4% on strong earnings, while Meta and Palantir faced declines. Nike gained after an analyst upgrade, but...
Business
Jim Cramer analyzed the recent market drop, cautioning investors to wait for better conditions. He remains wary of Microsoft but sees potential in Eaton....
Business
Housing affordability varies widely across the U.S., with $300,000 buying 2,185 sq. ft. in West Virginia but only 443 sq. ft. in Hawaii. Rising...
Business
After her divorce left her financially uncertain, Venus Wang rebuilt her career with a bold pivot into AI. Within three years, she grew her...
Business
Starbucks is laying off 1,100 corporate employees amid declining sales, aiming to streamline operations and improve efficiency. CEO Brian Niccol emphasizes faster decision-making and...
Business
Stocks saw notable pre-market moves driven by earnings, analyst upgrades, and investor sentiment. Domino’s fell after missing estimates, while Nike gained on an upgrade....
Business
This week, investors watch Nvidia’s earnings, PCE inflation data, and competition in AI. Warren Buffett’s record $334.2 billion cash reserves spark speculation, while Elon...
Business
Germany’s 2025 election marks a conservative shift as Friedrich Merz’s CDU-CSU wins. With coalition talks ongoing, challenges include economic stagnation, rising AfD influence, and...
Business
Apple is investing $500 billion in U.S. manufacturing, including a new AI server facility in Houston. This expansion supports Apple Intelligence, creates 20,000 jobs,...
Business
A market panic erupted after reports suggested Microsoft was scaling back AI data center investments, triggering a tech sell-off. Concerns over slowing AI infrastructure...
Business
Germany’s 2025 federal election saw centrist parties suffer historic losses as far-right AfD and far-left Die Linke surged. With rising polarization, economic instability, and...
Business
The 2025 CNBC Changemakers list honors 49 trailblazing women transforming industries like AI, healthcare, and finance. Leaders such as Toyin Ajayi and Paris Hilton...
Business
Germany’s CDU-CSU, led by Friedrich Merz, won the 2025 federal election with 28.6% of the vote, ending political instability. With no majority, coalition talks...
Business
Prosus is acquiring Just Eat Takeaway for $4.3 billion in a major food delivery industry shake-up. The deal provides Just Eat Takeaway with financial...
Business
Global investors are shifting from India to China due to advancements in AI, boosting Chinese stocks. Meanwhile, India faces economic slowdown concerns. Despite China’s...
Business
Singapore’s inflation dropped to its lowest level since 2021, with headline inflation at 1.2% in January 2025. Core inflation also declined sharply, prompting the...
Business
Dan Bongino has been appointed FBI Deputy Director by new Director Kash Patel, marking a significant leadership shift. A former Secret Service agent and...
Business
Jim Cramer advises patience amid market volatility following last week’s sell-off. Concerns over inflation, Fed policy, and consumer spending fueled declines across multiple sectors....
Business
Elon Musk's push for federal efficiency under Trump’s administration has triggered controversy, with mass layoffs and a directive demanding job activity reports. Agencies resist,...
Business
Wall Street remained volatile as inflation concerns weighed on investors. The Dow rose 152 points, but tech stocks struggled. Key earnings, including Nvidia’s, and...
Business
American Airlines Flight 292 made an emergency landing in Rome due to a security concern on February 23, 2025. Escorted by fighter jets, the...
Business
Stocks face volatility as investors await key earnings, Fed signals, and inflation data. Nvidia, Home Depot, and Salesforce report this week, while the PCE...
Business
Germany’s 2025 federal election brought a major political shift, with CDU-CSU winning and Friedrich Merz set to become chancellor. AfD surged to second place,...
Business
U.S. hospitals face cybersecurity threats from Chinese-made medical devices, particularly the Contec CMS8000 monitor, which has a critical security flaw. Experts warn hackers could...
Business
The Trump administration, in collaboration with Elon Musk's Department of Government Efficiency, is executing historic federal job cuts, affecting up to 200,000 employees. While...
Business
Helping children build strong social skills starts with open communication, emotional validation, and empathy. Parents can encourage problem-solving, set boundaries, and prepare kids for...
Business
Parents’ financial habits shape children’s money mindset, as seen in Mellody Hobson’s journey from financial hardship to investment success. She emphasizes early financial education...
Business
Elon Musk’s directive for federal employees to justify their work in five bullet points or face resignation has sparked outrage. Unions and legal experts...
Business
MSG Networks has returned to Optimum after a nearly two-month blackout, restoring Knicks and Rangers coverage for frustrated fans. The new deal places MSG...
Business
Alphabet has introduced **Premium Lite**, a lower-cost YouTube subscription offering ad-free videos (excluding music). This move aims to expand YouTube’s subscriber base and reduce...
Business
India has been named the best solo travel destination for 2025 by Kensington, thanks to its rich culture, history, and diverse experiences. From the...
Business
Warren Buffett's Berkshire Hathaway has aggressively sold stocks, amassing a record $334 billion in cash. Major divestments include Apple and Bank of America, while...
Business
Warren Buffett’s 2025 letter reaffirms his confidence in stocks over cash, endorses Greg Abel as a strong successor, and highlights Berkshire Hathaway’s growing investments...
Business
Walmart’s stock dropped nearly 9% despite beating earnings expectations, driven by concerns over slowing profits and new tariffs. Former Walmart U.S. CEO Bill Simon...
Business
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway’s Q4 2024 earnings showed strong operating profits, driven by insurance gains, despite a drop in net earnings. Buffett’s cautious strategy led to...
Business
Ukraine faces escalating challenges as U.S. support wanes under President Trump, while Russia advances militarily and diplomatically. With Washington shifting priorities and engaging directly...
Business
The U.S. is pressuring Ukraine to grant access to critical minerals, with reports suggesting Starlink access could be restricted as leverage. Zelenskiy has resisted,...
Business
Amazon workers at the RDU1 facility in North Carolina voted against unionizing, with 2,447 opposing and 829 in favor. Despite the setback, labor organizers...
Business
The Trump administration faces backlash after mass layoffs at the National Nuclear Security Administration, unintentionally impacting national security. Officials scrambled to rehire essential employees,...
Business
Filing taxes can be stressful, and IRS audits, though rare, often stem from common mistakes like income mismatches, excessive deductions, and EITC errors. To...
Business
Travel expert Rebecca Smiley advises splurging on accommodations for comfort and location while saving on flights to maximize vacation budgets. She highlights the rise...
Business
The 2025 Munich Security Conference highlighted how Putin’s war in Ukraine inadvertently strengthened NATO, boosting unity and defense coordination. Key discussions included Ukraine’s NATO...
Business
Financial expert Ramit Sethi warns that saying “We can’t afford it” fosters a scarcity mindset in kids. Instead, parents should frame money decisions around...
Business
Unemployment in Washington, D.C. is rising as federal job cuts take effect under President Trump’s downsizing efforts. With Elon Musk leading efficiency reforms, thousands...
Business
A potential Russia-Ukraine peace deal may be imminent, but Europe’s limited role sparks tensions. U.S. envoy Keith Kellogg signals swift negotiations, with possible territorial...
Business
EatOkra and Black Foodie Finder are revolutionizing Black-owned restaurants by enhancing visibility, marketing, and community engagement. Through technology, events, and partnerships, they empower restaurateurs...
Business
The 2025 Munich Security Conference highlighted NATO’s urgent need for increased defense spending and unity amid rising geopolitical threats. NATO Secretary General Mark Rutte...
Business
At the 2025 Munich Security Conference, Ukrainian President Zelenskyy urged Europe to form its own army, emphasizing the need for defense independence amid rising...
Business
The U.S. has proposed a deal granting a 50% stake in Ukraine’s rare earth minerals in exchange for past military aid. While the Trump...
Business
Trump Media & Technology Group (TMTG) reported a $400.9 million loss in 2024, citing legal costs, advertising shifts, and revenue-sharing changes. Despite this, TMTG...
Business
Billionaire investor Stanley Druckenmiller reshaped his portfolio in late 2024, taking major stakes in airlines, Amazon, and Warner Brothers Discovery while exiting Broadcom. His...
Business
Elon Musk’s $97.4 billion bid to take over OpenAI was rejected, deepening his rift with CEO Sam Altman. OpenAI remains committed to its for-profit...
Business
Tech giants Apple and Nvidia surged, while Wells Fargo cleared another regulatory hurdle, boosting investor confidence. Apple’s AI expansion in China and Nvidia’s AI-driven...
Business
Bill Gates struggled with leaving Harvard to fully commit to Microsoft. Initially hesitant, he valued education but recognized the urgent opportunity in personal computing....
Business
At the 2025 Munich Security Conference, U.S. Vice President JD Vance clashed with European leaders, criticizing Europe’s internal democratic challenges and migration policies. German...
Business
Stocks fluctuated on February 14, 2025, as earnings reports drove gains for Airbnb, Roku, and WeRide, while Coinbase, Twilio, and GoDaddy declined. Nvidia’s investment...
Business
Airbnb’s stock surged 14.5% after reporting record Q4 2024 earnings, with revenue hitting $2.48 billion and net income reaching $461 million. CEO Brian Chesky...
Business
Jim Cramer’s CNBC Investing Club remains confident despite recent stock pullbacks, emphasizing long-term growth over short-term reactions. Key topics included Palo Alto Networks’ decline,...
Business
The DOJ’s dismissal of corruption charges against NYC Mayor Eric Adams amid immigration policy disputes has sparked controversy. Top prosecutors resigned in protest, raising...
Business
Roku's stock surged 14% after its strong Q4 earnings report, with revenue hitting $1.2 billion, exceeding expectations. The platform now has 89.8 million streaming...
Business
You can still lower your 2024 taxable income by up to $17,300 with last-minute contributions to an IRA and HSA before the April 15,...
Business
Global leaders at the Munich Security Conference 2025 debated the urgency of peace in Ukraine. President Trump’s diplomatic outreach to Russia and Ukraine sparked...
Business
Starting in 2024, the IRS will lower the Form 1099-K reporting threshold to $5,000 for business transactions via payment platforms like PayPal and Venmo....
Business
The stock market saw major premarket moves on February 14, 2025. Roku and Airbnb surged on strong earnings, while Moderna and Informatica fell on...
Business
Warren Buffett’s Berkshire Hathaway trimmed its stake in DaVita amid a weaker 2025 outlook, causing an 8% stock decline. Rising costs and dialysis center...
Business
Stock futures dipped amid new trade policy shifts from President Trump, while GameStop surged on crypto investment speculation. Major retailers scaled back DEI commitments,...
Business
Meta, under Mark Zuckerberg, is shifting politically, easing content moderation, and restructuring internally. Aligning with Trump, it disbanded DEI programs and fact-checking services, raising...
Business
Major retailers like Target and Walmart are scaling back DEI initiatives, impacting Black-owned brands' access to shelf space. While companies like Sephora and Costco...
Business
Moderna faces financial challenges as Covid vaccine sales decline, reporting a $1.12 billion Q4 2024 loss. To adapt, the company is cutting costs and...
Business
The NBA’s financial boom continues in 2025, with the Golden State Warriors leading at $9.4 billion. A record-breaking $76 billion media rights deal is...
Business
Hermès defied industry challenges in Q4 2024, posting a 17.6% sales increase to €3.96 billion. Strong demand for leather goods and unwavering customer loyalty...
Business
Sony’s stock surged 10.7% as PlayStation 5 sales and record user engagement drove strong growth. Sony raised its profit forecast to ¥1.34 trillion, with...
Business
TikTok is back in U.S. app stores after a legal battle over national security concerns. Newly elected President Donald Trump delayed enforcement of a...
Business
Palo Alto Networks reported strong Q2 2025 earnings, surpassing expectations with $2.26 billion in revenue and $0.81 EPS. However, cautious guidance and unmet high...
Business
The U.S. and India aim to double trade to $500 billion by 2030, despite tariff disputes. Key discussions focused on trade, defense, technology, and...
Business
Singapore’s economy grew 4.4% in 2024, its fastest since 2021, driven by electronics, finance, and trade. However, retail and food sectors lagged due to...
Business
Stock markets faced slight declines on Friday due to trade uncertainty but ended the week positively. Trump's measured tariff approach and cooling inflation data...
Business
After-hours trading on February 13, 2025, saw major stock swings. Roku and Airbnb surged on strong earnings, while GameStop climbed on crypto investment rumors....
Business
Elon Musk, as Head of Government Efficiency under Trump, criticized outdated federal record storage in a Pennsylvania limestone mine, advocating for full digital transformation....
Business
GameStop is reportedly exploring Bitcoin investments, sparking a 20% stock surge. Under Ryan Cohen’s leadership, the company is evaluating cryptocurrency as part of its...
Business
Coinbase reported exceptional Q4 2024 earnings, with revenue reaching $2.27 billion, driven by a 185% surge in trading volume. The launch of a Bitcoin...
Business
The **Social Security Fairness Act (SSFA)** eliminates the **WEP** and **GPO**, increasing benefits for 3.2 million retirees. However, **SSA funding shortfalls** and **logistical challenges**...
Business
Defense stocks tumbled after Trump proposed cutting Pentagon spending by 50%, sparking investor concerns. Major contractors saw share declines, highlighting market sensitivity to policy...
Business
After a tough 2024, CVS Health is rebounding in 2025 with a 45% stock surge. Under new CEO David Joyner, cost-cutting and restructuring efforts...
Business
Tech stocks showed resilience despite inflation concerns, with Apple teasing a new product, Nvidia strengthening its AI chip dominance, and Meta seeing an extended...
Business
President Trump’s new reciprocal tariff plan aims to impose duties on countries with higher import taxes on U.S. goods. While intended to level the...
Business
GE Healthcare's stock surged 9% after strong earnings and an optimistic 2025 outlook. The company reported solid margins, AI-driven innovations, and FDA-approved products like...
Business
On February 13, 2025, earnings reports drove major stock movements. Robinhood, AppLovin, and Dutch Bros surged on strong results, while West Pharmaceutical and Trade...
Business
Stocks rallied despite inflation concerns, with GE Healthcare surging on strong earnings and Palo Alto Networks’ results highly anticipated. DuPont gained after an analyst...
Business
Efforts to dismantle the U.S. Department of Education, led by Donald Trump and Elon Musk’s DOGE team, could reshape education and student loan management....
Business
Former President Trump is considering higher car tariffs on South Korea and Japan, potentially raising U.S. vehicle prices. South Korean automakers, benefiting from tariff-free...
Business
A recent report reveals that Philadelphia has overtaken Miami as the top destination for relocating New Yorkers. Affordability, job opportunities, and cultural familiarity make...
Business
Former President Trump introduced reciprocal tariffs, imposing matching duties on countries taxing U.S. goods. The policy targets VATs and perceived trade imbalances, sparking support...
Business
The stock market saw gains and losses on February 13, 2025, driven by inflation concerns, trade tariffs, and corporate earnings. Tech stocks surged, with...
Business
The latest Producer Price Index report indicates mixed inflation trends, with wholesale prices rising 0.4% in January. While some service costs declined, food and...
Business
Stocks saw sharp premarket swings, with Robinhood, AppLovin, and Dutch Bros surging on strong earnings, while Trade Desk and Reddit declined on weak guidance....
Business
U.S. investors and Big Pharma are increasingly partnering with Chinese biotech firms for innovative drug development. This shift challenges American startups while offering cost-effective...
Business
Markets are volatile as inflation rises unexpectedly, the Fed delays rate cuts, and corporate shake-ups impact stocks. Reddit tumbles after a Google algorithm shift,...
Business
Elon Musk has launched a $97.4 billion bid to acquire OpenAI’s nonprofit division, arguing the company is shifting toward profit-driven motives. OpenAI CEO Sam...
Business
At the 2025 World Governments Summit, Elon Musk advocated for eliminating U.S. government agencies to curb bureaucracy. As head of the Department of Government...
Business
U.S. President Donald Trump has launched high-level peace talks between Russia and Ukraine, raising hopes and concerns. While diplomacy continues, questions remain over potential...
Business
Apple is integrating Alibaba’s AI technology into iPhones sold in China to comply with local regulations and enhance AI capabilities. This partnership strengthens Apple’s...
Business
Honda and Nissan have ended merger talks due to structural disagreements but plan future collaboration on EV and intelligent vehicle technology. While a $60-billion...
Business
At the World Governments Summit, Ray Dalio warned of a looming U.S. debt crisis, calling for urgent fiscal reforms. He cautioned that soaring debt...
Business
Barclays reported a strong 24% profit growth in 2024 but faced investor skepticism due to cautious guidance. Despite strategic cost-cutting and acquisitions, concerns over...
Business
The UK economy grew by 0.1% in Q4 2024, defying contraction forecasts. Services and construction sectors drove growth, while production declined. The Bank of...
Business
Sony’s PlayStation 5 had a stellar holiday season in late 2024, selling 9.5 million units and boosting the company’s financial performance. Strong demand and...
Business
Commerzbank is restructuring to enhance efficiency and profitability, cutting 3,900 jobs by 2028 while maintaining a stable workforce. It has raised financial targets, reported...
Business
European stocks hit new highs as strong corporate earnings and hope for Russia-Ukraine peace talks boosted sentiment. Germany’s DAX surged 2.1%, while Siemens and...
Business
X, formerly Twitter, settled a lawsuit with President Trump for $10 million over his 2021 account suspension. The agreement reflects Elon Musk’s shift toward...
Business
The stock market surged on February 13, 2025, after Trump delayed tariffs, boosting investor confidence. Tech stocks led the rally, with Nvidia rising 3.2%...
Business
After-hours trading on February 12, 2025, saw major stock swings. Robinhood, AppLovin, and Dutch Bros surged on strong earnings, while Reddit, The Trade Desk,...
Business
Cisco’s stock surged 6% following strong Q2 2025 earnings, beating estimates and raising its full-year revenue forecast. Key drivers included the $27 billion Splunk...
Business
Reddit’s stock dropped over 15% after Google’s algorithm update impacted traffic, especially among logged-out users. Despite missing user growth expectations, Reddit exceeded financial forecasts...
Business
Elon Musk’s DOGE initiative has taken over key offices in the Department of Education, implementing aggressive budget cuts and reducing FAFSA funding. Critics warn...
Business
The CFPB has laid off dozens of employees in a broad restructuring under new leadership, sparking legal and political controversy. The move, aligned with...
Business
Markets fluctuated on February 12, 2025, as inflation concerns and Trump’s proposed tariffs unsettled investors. Bond yields surged, impacting stocks, while Tesla boosted consumer...
Business
The FCC has launched an inquiry into Comcast and NBCUniversal’s DEI policies, following President Trump’s 2025 executive order against such initiatives. Chairman Brendan Carr...
Business
President Trump’s reciprocal tariff plan aims to impose duties on imports from countries that tax U.S. goods. Ahead of his meeting with Indian Prime...
Business
CVS Health CEO David Joyner defends pharmacy benefit managers (PBMs) amid criticism over rising drug prices, blaming pharmaceutical manufacturers for cost increases. Lawmakers, regulators,...
Business
CVS Health CEO David Joyner defended pharmacy benefit managers (PBMs), blaming drugmakers for high prices. While PBMs negotiate discounts, critics argue they keep savings...
Business
CVS Health CEO David Joyner blames pharmaceutical companies for high drug prices, while critics argue PBMs like CVS Caremark inflate costs. As government scrutiny...
Business
Meta and Alphabet face challenges in 2025 from inflation and trade tariffs, impacting digital ad revenue. Meta bets on AI-driven ad tools and Reels,...
Business
Rising inflation and new tariffs are impacting Meta and Alphabet, leading to cautious ad spending. With digital ad growth slowing, both companies are leveraging...
Business
Inflation and tariffs are creating challenges for Meta and Alphabet, slowing digital ad growth and impacting revenue from Chinese advertisers. Both companies are turning...
Business
Stephen A. Smith, the outspoken ESPN personality, recently discussed his political aspirations, stating he’d love to be president but refuses to campaign. He admitted...
Accounting
What Does an Acquisition Cost Mean? An acquisition cost, also known as the cost of acquisition, is the entire cost that a business records...