Harvard’s Big Wager on Bitcoin Came Right Before the Bust

American Eagle has raised its fourth-quarter guidance, now expecting comparable sales to increase by 8% to 9%, attributed to a strong start to the holiday season and improved sales trends. This positive outlook follows a robust performance in Q3, where the company's stock surged by 11% after announcing strong results and an upward revision of its guidance.

Nike is restructuring its leadership team by introducing a new chief operating officer role and promoting the heads of its geographic regions to senior leadership positions as part of its ongoing turnaround strategy focused on performance sportswear.

The latest Market Talks from The Wall Street Journal provide insights into key players in the energy and utilities sectors, including Orsted and Beach Energy, alongside discussions on oil futures. This analysis is crucial for understanding current market dynamics and pricing trends affecting these industries.

The latest Market Talks from The Wall Street Journal provide insights into key players in the energy and utilities sectors, including Orsted and Beach Energy, while also discussing oil futures. This analysis is crucial for investors and industry professionals as it highlights current market trends and dynamics affecting pricing and investment strategies.

CrowdStrike reported a loss of $34.0 million, or 14 cents a share, for the quarter ending October 31, which is a significant increase from a loss of $16.8 million, or 7 cents a share, in the same period last year. This development highlights ongoing challenges within the cybersecurity sector as companies navigate increasing operational costs and competitive pressures.

The S&P 500 index experienced a rebound, edging higher on Tuesday and coming within 1% of its record close set in October. This positive movement in the stock market coincided with Bitcoin's recovery from a significant selloff earlier in the week.

Vanguard, a brokerage firm previously resistant to cryptocurrency, has announced the listing of Bitcoin and other blockchain-wrapped exchange-traded funds (ETFs), allowing traders to buy and sell these assets. This marks a significant shift in Vanguard's stance towards digital currencies, reflecting a growing acceptance of crypto in traditional finance.

GitLab reported a loss despite achieving double-digit sales growth, indicating challenges in profitability even as revenue increases. The company also announced Jessica Ross as its new CFO, signaling a shift in its financial leadership.