After Donald Trump's presidential election victory, both equity and cryptocurrency markets surged as investors bet on deregulation and pro-business policies to benefit American corporates and the burgeoning digital asset industry.

Key Takeaways Robinhood Markets reported fourth-quarter profit that was more than double estimates on booming cryptocurrency trading.The trading platform's revenue more than doubled, and crypto trading revenue made up more than half of overall transaction-based revenue.

Sony on Thursday raised its operating profit forecast for the year ending in March by 2% to 1.34 trillion yen ($8.70 billion) as it reported strong growth at its key gaming unit.

Sony shares popped after it raised its 2024 outlook for annual operating profit to 1.34 trillion yen ($876 billion), a 2% rise from the previous financial year.

Japan's Sony Group on Thursday upgraded its annual net profit projection to $7.0 billion, lifted by its strong gaming business.

A consortium led by Elon Musk will withdraw its $97.4-billion bid for OpenAI's non-profit arm if the ChatGPT maker drops plans to become a for-profit entity, the billionaire's lawyers said in a court filing on Wednesday.

In a court filing, Mr. Musk said he and other investors would pull their $97.4 billion bid if OpenAI withdrew its plan to change its structure.