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Northrop Grumman Posts Quarterly Profit as Demand for Military Equipment Rises

Northrop Grumman posted a quarterly profit, as headwinds from its B-21 Raider stealth bomber program eased and rising geopolitical tensions stoked demand for its military equipment.

Thermo Fisher Beats Estimates, Biotech Spending Concerns Ease

Thermo Fisher beats Wall Street estimates for Q4 on improved demand, revenue rises 5% to $11.4 billion

ServiceNow's Sales Outlook Disappoints as AI Focus Weighs

ServiceNow's FY25 sales outlook falls short of expectations, focusing on generative AI adoption over near-term revenue from AI tools.

Deutsche Bank Plans Management, Staff Cuts to Boost Returns

Deutsche Bank to Reduce Management Roles and Cut Headcount After Higher Costs Impact Q4 Results

Shell's 2023 reserve replacement ratio seen at 85%

Shell's proved oil and gas reserve replacement ratio for 2023 is expected to be 85%, with a three-year RRR of 108%. The company's 2024 reserves are estimated at 9.6 billion barrels of oil equivalent.

Google and ServiceNow Partner to Enhance AI Capabilities

ServiceNow and Google partner to bring increased AI capabilities to customers, through the integration of ServiceNow's platform on Google's Cloud Marketplace.

Meta Q4 Earnings: Revenue Beats, Slowdown Expected

Meta Platforms' (META) earnings beat expectations, but revenue growth is expected to slow in Q1. Expenses are also projected to increase in 2025, driven by infrastructure and employee compensation.

Tesla Eyes Growth Return in 2025 After Q4 Disappoints, Shares Rise

Tesla missed fourth quarter earnings, but expects growth in 2025. The EV maker's revenue rose 1% in 2024, while profits fell sharply. Tesla's stock rose in pre-market trading on Thursday.

Metaverse Pivot: Reality Labs Losses, AI Splurge, and Analyst Doubts

Meta continues to invest billions in developing its metaverse, with Reality Labs division reporting $17.7 billion in losses since 2020. Despite investing $60 billion in AI strategy, analysts question the profitability of Zuckerberg's metaverse ambitions.

Mulberry Reorients Focus on UK and US to Restore Profitability

Mulberry to focus on British luxury identity, reduce China exposure, and cut costs amid global luxury slowdown.