Posts with tag: AI
Choice Hotels International Inc. (CHH) reported fourth-quarter net income of $75.8 million, or $1.59 per share. Adjusted earnings were $1.55 per share, exceeding Wall Street expectations. Revenue was $389.8 million, also topping forecasts.
Published on: February 20, 2025, 12:06 PM UTC
Primo Brands Corp. reports a Q4 loss of $157.7 million, missing expectations. Revenue of $1.4 billion also fell short, with earnings of 13 cents per share.
Published on: February 20, 2025, 12:06 PM UTC
US futures drop after S&P 500 hits record high, Fed signals pause in rate cuts.
Published on: February 20, 2025, 01:00 AM UTC
Exxon Mobil and SLB seek lithium investment opportunities in Chile, world's second-biggest lithium producer. The companies, under pressure to reduce carbon emissions, see parallels between conventional oil and gas drilling methods and lithium extraction from brine.
Published on: February 20, 2025, 12:01 AM UTC
Short sellers have lost $73 billion in 2025 as the S&P 500 rallied, leading to short squeezes in stocks like Super Micro Computer, Hims & Hers Health, Oklo, and BigBear.ai.
Published on: February 19, 2025, 11:03 PM UTC
TrueBlue Inc. (TBI) reported a Q4 loss of $11.7 million, or 40 cents per share. Adjusted for non-recurring and amortization costs, the loss was 2 cents per share. Revenue for the quarter was $386 million.
Published on: February 19, 2025, 10:08 PM UTC
US stocks advanced on Wednesday, with the S&P 500 and Nasdaq Composite gaining ground, while the Dow Jones Industrial Average traded flat. The Federal Reserve's meeting minutes showed officials supported holding policy at restrictive levels as inflation remained elevated. Trump's planned tariffs on autos, chips, and pharmaceuticals continued to weigh on investors, but other news included Apple's launch of the iPhone 16e and Super Micro Computer's stock surge.
Published on: February 19, 2025, 08:01 PM UTC
Extreme cold and an arctic blast threaten to break low-temperature records in the US, with over 100 million people facing frigid conditions from Texas to the East Coast and Mid-Atlantic.
Published on: February 19, 2025, 07:00 PM UTC
The Takeaway from today's Morning Brief, which you can sign up for in your inbox every morning along with a chart of the day, what we're watching, what we're reading, and economic data releases and earnings.
Published on: February 19, 2025, 03:03 PM UTC
SolarEdge Technologies reports a Q4 loss of $287.4 million, missing analyst expectations. Revenue came in at $196.2 million, beating forecasts. For the full year, the company reported a loss of $1.81 billion on revenue of $901.5 million.
Published on: February 19, 2025, 01:08 PM UTC