Tag: coding

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Accuray Reports Q2 Profit After Year-Ago Loss

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.

MicroStrategy Q4 Loss Widens

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.

Where to Put $100,000: A Step-by-Step Guide for Making Smart Choices

Congratulations on reaching $100,000 in savings! This guide provides tried-and-true strategies for prioritizing where to put your money: paying off high-interest debt, creating an emergency fund, setting up sinking funds, and maximizing retirement contributions.

Impoundments: Early tests of presidential spending power under Trump

Trump administration debates presidential spending authority, potentially leading to a legal battle over the Impoundment Control Act.

Uber Shares Fall on Weak Q4 Results and Commercialization Concerns

Ride-sharing giant Uber's shares plunged 7.24% after reporting weak Q4 results, including missed gross booking guidance. However, the company added more users than expected, leading to revenue growth. Despite a mixed quarter, Uber remains bullish with a share repurchase program and strong financial outlook, including mid-to-high teen gross bookings growth over the next three years.

LME floor trader Sigma Broking explores sale, three years after joining

Sigma Broking, one of eight members of the London Metal Exchange, is in talks to sell its business three years after joining the LME.

Whole Foods Disputes Election Results, Accusing Union of Interference

Whole Foods disputes the results of a union election, alleging interference and intimidation by the union. The company also accuses the NLRB of tainting the process by restricting captive audience meetings.

Big Tech Spending Bonanza: Meta, Microsoft, and Google Invest 228B in AI

Big Tech firms Meta, Microsoft, and Google plan to collectively spend $228 billion on AI infrastructure, with Meta confirming it will invest "hundreds of billions of dollars" long-term.

Workday Cuts 1,750 Jobs (8.5% of Workforce) in Restructuring Push

Workday to Cut 1,750 Jobs (8.5% of Workforce) to Invest in AI

US Sovereign Wealth Fund: A Diversified Strategy for Investing National Assets

President Donald Trump has tasked his Cabinet with creating a plan for a sovereign wealth fund, which would invest and diversify national assets for future prosperity. Despite US deficits, an existing $5.7 trillion in national assets could be utilized without increasing debt or raising taxes.