Electronic system and device provider Bel Fuse (NASDAQ:BELFA) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 18.9% year on year to $152.2 million. Its GAAP profit of $1.36 per share was 64.8% above analysts’ consensus estimates.
The week so far has been a battle against broadly favorable Central U.S. and Brazilian weather against potential record-low old crop exporter stocks/use and unhindered near-term U.S. export demand.
Intel reports strong Q1 results but faces stock decline due to tariff concerns and uncertain revenue forecasts. New CEO Lip-Bu Tan plans cost-cutting measures to enhance efficiency amid economic challenges.
Bitcoin (CRYPTO: BTC) mining expenses rose sharply in the final quarter of 2024, with CoinShares reporting that the total average cost to produce one Bitcoin, including non-cash items, climbed to $137,018.
President Donald Trump's steep tariffs on Chinese imports could lead to empty store shelves and shortages for consumers in the coming weeks, experts warn.
