Business

Apple's rumored iPhone SE launch with AI partner Alibaba sparks mixed analyst reactions. While some see potential, others remain cautious due to camera limitations and China market challenges.

Published on: February 13, 2025, 12:01 AM UTC

Trump Jr. and Eric Trump Invest in Biotech-Fintech Firm

Published on: February 13, 2025, 12:01 AM UTC

Foreign automakers, such as Nissan and Honda, are facing downturns due to the rapid rise of Chinese electric-vehicle makers such as BYD and the prospect of tariffs in the United States.

Published on: February 13, 2025, 12:00 AM UTC

Cisco Systems Inc. shares climbed after the company gave an upbeat sales forecast, helped by corporate spending on AI technology and networking systems. Revenue in the quarter ending in April will be $13.9 billion to $14.1 billion, above analysts' predictions, and the company raised its fiscal 2025 target to $56 billion.

Published on: February 13, 2025, 12:00 AM UTC

Intel stock jumped on Wednesday after Vice President JD Vance pledged to support American chip production. The Trump administration wants to ensure that the most powerful AI systems are built in the US with American-made chips.

Published on: February 13, 2025, 12:00 AM UTC

Aspen Aerogels Inc. reports fourth-quarter net income of $11.4 million, topping Wall Street expectations. Revenue was $123.1 million, also topping Street forecasts.

Published on: February 12, 2025, 11:08 PM UTC

First American Financial Corp. (FAF) reported Q4 earnings of $72.4 million, with adjusted EPS at $1.35. The results surpassed analysts' estimates of $1.07 per share. Revenue for the period was $1.69 billion, also beating expectations.

Published on: February 12, 2025, 11:08 PM UTC

The latest inflation data shows that prices continue to rise in the United States, dampening hopes for a Federal Reserve rate cut and causing a surge in bond yields. Despite this, stocks pared most of their losses as tech buyers stepped in.

Published on: February 12, 2025, 11:08 PM UTC

Trinseo PLC (TSE) reported a Q4 loss of $117.9 million ($3.33 per share). Adjusted for non-recurring costs, the loss was $2.67 per share. Revenue came in at $821.5 million. For the year, the company reported a loss of $348.5 million ($9.86 per share), with revenue of $3.51 billion.

Published on: February 12, 2025, 11:07 PM UTC

Service Corp. International reports Q4 net income of $151.4 million, beating estimates by $1.06 per share. Revenue of $1.09 billion also topped expectations. Full-year earnings were $518.6 million, or $3.53 per share, on revenue of $4.19 billion. The company expects full-year earnings in the range of $3.70 to $4 per share.

Published on: February 12, 2025, 11:07 PM UTC