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Southwest Airlines reports Q4 profit of $261 million, beats estimates

Southwest Airlines reports Q4 net income of $261 million, surpassing analyst estimates but missing revenue expectations. Adjusted earnings per share were 56 cents.

Lazard Tops Q4 Earnings, Revenue Estimates

Lazard reports Q4 net income of $86.3 million, beating Wall Street estimates.

Cardinal Health Tops Q2 Earnings Expectations

Cardinal Health (CAH) reported better-than-expected Q2 earnings of $1.93 per share and revenue of $55.26 billion, beating analysts' estimates.

Tesla Expects Capital Expenditure to Exceed $11 Billion for Three Years

Tesla projects capital expenditures to surpass $11 billion in 2023 and beyond. In 2022, the automaker spent between $6 billion and $8 billion.

Lazard profit rises in Q4 on higher advisory revenue

Investment bank Lazard reported a rise in fourth-quarter profit, driven by a strong advisory business. Net income rose to $85 million, or 78 cents per share, compared to $65 million, or 66 cents per share, in the year-ago period.

Google and ServiceNow Partner to Bring AI and Workflow Automation to Cloud Marketplace

Google and ServiceNow Partner to Bring Enhanced AI Capabilities to the Cloud Marketplace

Meta Q4 Revenue Beats, Forecast Slowdown But Higher AI Spending

Meta Platforms (META) reported Q4 earnings that beat expectations but forecast a slowdown in revenue growth and increased expenses in 2025. Despite initial losses, shares rose 2% pre-market.

Meta's Metaverse: Billions in Losses, AI Ambitions, and Analyst Doubt

Meta's metaverse division, Reality Labs, continues to lose billions as Zuckerberg remains optimistic about its future.

Southwest Profit Tops Estimates on Strong Travel Demand, Fare Improvements

Southwest Airlines (LUV) Q4 profit tops estimates on strong travel demand and fares; sees Q1 RASM growth of 5%-7%.

Caterpillar Q4 Profit Slips on Weak Demand, High Borrowing Costs

Caterpillar reports a decline in fourth-quarter profit, as equipment restocking slows due to weak demand driven by high borrowing costs and inflation, amidst uncertainty over government spending.