Tag: AI

Posts with tag: AI

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Texas Roadhouse Q4 earnings top estimates on revenue strength

Texas Roadhouse reported fourth-quarter profit of $115.8 million, beating expectations with earnings of $1.73 per share on revenue of $1.44 billion.

Coca-Cola Consolidated reports Q4 earnings of $178.9 million

Coca-Cola Consolidated reports Q4 earnings of $178.9 million, with adjusted earnings per share of $18.11 and revenue of $1.75 billion.

Vicor Corp. Reports Q4 Earnings of $10.2 Million

Vicor Corp. (VICR) reported Q4 earnings of $10.2 million, or 23 cents per share, on revenue of $96.2 million.

Billionaire Elon Musk's Proposed Taxpayer Dividend: Cash Back from Government Savings

A proposal to distribute taxpayer savings from Elon Musk's government spending cuts as checks of up to $5,000 to households is gaining attention, but experts cast doubt on the feasibility and economic impact.

Walmart Faces Tariff Headwinds, Outlook Conservatism Amid Profit Beat

Walmart investors worry about tariffs and conservative guidance, despite recent profit beat. The company says it's not immune to tariffs but has tools to keep prices low. Analysts say Walmart could benefit from rising inflation and maintain margins in a tariff-heavy environment. However, the company could suffer in Mexico due to a shift in consumer sentiment.

Nikola Bankruptcy: SEC Among Potential Losers with $80 Million Claim

Nikola's bankruptcy puts SEC at the top of the list of unsecured creditors with an $80 million claim, but the agency's chances of full repayment are uncertain in the Chapter 11 proceedings.

Gerdau May Boost U.S. Capacity Instead of Building in Mexico

Gerdau may expand US steel output instead of building new Mexico plant, CEO says amid Trump tariffs

SEC Replaces Crypto Unit With Broader Cyber Fraud Team

The US SEC is closing down its crypto enforcement unit and replacing it with a broader cyber-fraud team. The new unit will focus on fraud involving social media, AI, machine learning, and blockchain. The change signals a shift in the SEC's approach to digital assets.

Alibaba's Revenue Growth Surges, Signaling Recovery and AI Focus

Alibaba posts fastest revenue growth in a year as Chinese internet giant recovers from turbulence, showcasing strong e-commerce and cloud services performance, rising stock value, and focus on artificial intelligence to drive future growth.

Indian Fintech Firm PhonePe Plans Public Listing

Walmart-backed Indian fintech company PhonePe is preparing for a public listing on the country's stock exchanges, with strong financial performance and a growing user base.