Fri, Apr 26, 2024 7:54 PM
Ex-Humira Growth Platform Drives AbbVie's Q1 Performance, Drugmaker Lifts
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Bitcoin Runes, a protocol launched on April 20, has overtaken the original Bitcoin, Ordinals, and BRC-20 tokens in terms of daily transactions on the Bitcoin network. The Runes protocol is an experimental standard for fungible tokens built on the Bitcoin blockchain, which was introduced to enhance efficiency on BRC-20 tokens. On April 23, Runes accounted for the highest transaction share at 81.3%.
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Shares of Pool (NASDAQ: POOL) dropped 10.2% in April, according to data provided by S&P Global Market Intelligence. The swimming pool supply stock drifted lower throughout the month, following the downward trend for the S&P 500 index. But late in the month it reported financial results of its own that contributed to its monthly losses.
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Cloudflare's (NYSE: NET) stock sank 17% after it posted its first quarter report on May 2. The cloud-based content delivery network (CDN) provider's revenue rose 30% year over year to $379 million and exceeded analysts' estimates by $5 million. Its adjusted EPS doubled to $0.16 and cleared the consensus forecast by three cents. Cloudflare went public in 2019 and initially grew like a weed.
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