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Accuray Inc. (ARAY) reported fiscal Q2 net income of $2.5 million, or 2 cents per share, compared to a loss in the year-earlier period. Revenue was $116.2 million, and the company expects full-year revenue in the range of $463-$475 million.

Published on: February 05, 2025, 10:07 PM UTC

Medical products maker Steris Corp. reported fiscal third-quarter earnings of $173.5 million, or $2.32 per share, meeting Wall Street expectations.

Published on: February 05, 2025, 10:06 PM UTC

MicroStrategy Inc. (MSTR) reported a loss of $670.8 million in Q4 2022, with a loss per share of $3.20. For the year, the company reported a loss of $1.17 billion, or $6.06 per share. Revenue for the full year was reported as $463.5 million.

Published on: February 05, 2025, 10:06 PM UTC

Amazon set to report quarterly results after Big Tech peers missed on expectations, with cloud rivals Microsoft and Google falling short on cloud sales. Analysts expect Amazon to post earnings per share of $1.50 on revenue of $187.3 billion, up from $1.00 EPS and $169.9 billion revenue in Q4 2022. Investors will also be looking for Amazon's response to the breakout success of Chinese AI company DeepSeek.

Published on: February 05, 2025, 10:03 PM UTC

Federal Reserve officials express caution over President Trump's new tariffs, saying they want to wait and see how they affect inflation. Despite pausing the tariffs for 30 days, economists are concerned they could result in higher inflation, creating challenges for the Fed. The Fed's wait-and-see approach follows a decision to hold rates steady after three straight cuts, and concerns remain about the impact of tariffs on rate cuts in 2025.

Published on: February 05, 2025, 10:03 PM UTC

Gold demand reaches new highs due to central bank purchases and investor interest amid rising geopolitical tensions and the threat of escalating tariffs.

Published on: February 05, 2025, 10:02 PM UTC

US stocks rebounded from losses on Wednesday to close higher on the day. Earnings from Alphabet (GOOG, GOOGL) and AMD (AMD) fell short, but Big Tech got a boost from a jump in Nvidia (NVDA) shares. The tech-heavy Nasdaq Composite (^IXIC) rose 0.2%, while the benchmark S&P 500 (^GSPC) added 0.4%. The Dow Jones Industrial Average (^DJI) led the gains, rising 0.7%, or more than 300 points.

Published on: February 05, 2025, 10:01 PM UTC

President Trump's priorities in office have not addressed the issues that voters care about most, such as inflation, affordable housing, and insurance costs. Despite promising to tackle these problems, Trump has instead focused on immigration and trade policies that are unlikely to provide meaningful solutions.

Published on: February 05, 2025, 10:01 PM UTC

Paycor's (PYCR) Q4 revenue and earnings beat estimates, showing strong demand for its HR and payroll software. Despite solid growth, analysts expect revenue growth to slow, and coverage is being discontinued due to a pending acquisition.

Published on: February 05, 2025, 10:00 PM UTC

Novo Nordisk (NVO) is not overly concerned about upcoming Medicare price negotiations over blockbuster GLP-1 drugs, even though the company still stands with the industry against the new practice.

Published on: February 05, 2025, 09:02 PM UTC