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Salesforce cuts jobs to boost productivity amid AI hiring spree
Published on: February 04, 2025, 04:07 PM UTC
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Published on: February 04, 2025, 04:05 PM UTC
Willis Towers Watson reports Q4 profit of $1.25 billion, above expectations, with adjusted EPS of $8.13, but revenue missed at $3.04 billion.
Published on: February 04, 2025, 04:05 PM UTC
KKR's capital markets unit reports record annual fees of $1 billion, driven by growth in structured-credit transactions.
Published on: February 04, 2025, 04:05 PM UTC
Job openings declined in December to a three-month low of 7.60 million, driven by decreases in professional services and health care, indicating a gradual slowdown in the labor market and supporting the Fed's assessment of reduced inflationary pressure.
Published on: February 04, 2025, 04:04 PM UTC
Estee Lauder announces plans to cut 11% of workforce, or 7,000 jobs, as economic headwinds weigh on sales and profits.
Published on: February 04, 2025, 04:04 PM UTC
PepsiCo expects muted growth amid tariffs and competition, with 2025 sales and EPS guidance in line with estimates. Despite strong international sales, concerns linger over domestic challenges and geopolitical tensions, reflected in a discounted forward P/E multiple compared to historical averages.
Published on: February 04, 2025, 04:03 PM UTC
Chipotle faces headwinds amid restaurant industry challenges, but Wall Street forecasts slower sales growth for Q4 and full-year earnings. Analysts predict same-store sales growth of 5.67% and revenue of $2.85 billion, with an increase in average check growth.
Published on: February 04, 2025, 04:03 PM UTC
Spotify (SPOT) reports Q4 revenue beat and first full-year profit, driven by subscriber growth and improved margins. Monthly active users (MAUs) reached 675 million, topping estimates. Gross margins hit a record 32.2% as the company continues its efficiency efforts. Spotify CEO Daniel Ek forecasts accelerated execution and profitability in 2025.
Published on: February 04, 2025, 04:03 PM UTC
Pfizer beats Q4 and full-year 2024 earnings estimates, driven by strong performance in key segments. Despite headwinds such as patent expirations and Medicare price negotiations, the company remains focused on pipeline development and cost-cutting initiatives.
Published on: February 04, 2025, 04:02 PM UTC