Published on February 05, 2025, 11:06 PM UTC
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CVS Health has cut bonuses for some employees due to low profit levels in 2024, driven by higher costs in Medicare plans and increased healthcare expenses.
Published on: February 22, 2025, 12:00 AM UTC
Akamai (AKAM) stock dropped 20.3% after reporting weak Q4 results, with revenue guidance signaling a slowdown in demand. Revenue grew only 3% YoY, overshadowed by an 18% drop in delivery revenue. Adjusted operating profits and earnings beat expectations, but the full-year outlook implies only 2.7% revenue growth.
Published on: February 21, 2025, 09:00 PM UTC
Shares of energy drink company Celsius (NASDAQ:CELH) jumped 39% after strong Q4 results and acquisition announcement. Analysts provide positive updates, suggesting improving demand and strong positioning in the competitive energy drink market.
Published on: February 21, 2025, 09:00 PM UTC
Electric car maker Tesla may invest in Nissan, but the latter's manufacturing facilities may not be a good fit for Tesla's unique manufacturing process.
Published on: February 21, 2025, 08:01 PM UTC
The Federal Energy Regulatory Commission will debate alternatives to multibillion-dollar power auctions to ensure sufficient electric supply amid demand growth driven by artificial intelligence.
Published on: February 21, 2025, 08:00 PM UTC