Posts with tag: cooking
Rivian (RIVN) posted strong Q4 results, achieving positive gross profit and lowering its estimated 2024 EBITDA loss. The company sees a smaller loss for 2025 and guided for 2025 adjusted EBITDA loss in the range of $1.7 billion to $1.9 billion, with vehicle deliveries between 46,000 and 51,000. Rivian also has expansion plans with Volkswagen (VWAGY) and a $6.6 billion loan commitment from the DOE for a new assembly plant.
Published on: February 20, 2025, 11:01 PM UTC
Invesco Mortgage Capital Inc. (IVR) reported fourth-quarter earnings of $3.5 million, or 53 cents per share. Revenue was $76.1 million. For the year, the company reported profit of $59.9 million, or 65 cents per share. Revenue was $36.8 million.
Published on: February 20, 2025, 10:07 PM UTC
Italian defense group Leonardo has identified a new industrial partner for its aerostructures unit, which has been struggling due to problems at Boeing. CEO Roberto Cingolani said the group is fully committed to finding a solution and will announce a broader plan to overhaul the unit on March 11.
Published on: February 20, 2025, 07:03 PM UTC
President Trump endorses the idea of a "DOGE dividend" that could give Americans a $5,000 tax refund. However, data shows the challenge DOGE faces to fulfill Trump's dividend promise. While cost-cutting efforts have generated savings, they fall short of the trillion dollars needed for a substantial dividend. The proposal has sparked debate amid doubts about its feasibility and potential impact on government programs.
Published on: February 20, 2025, 07:03 PM UTC
Walmart forecasts sales growth below estimates, signaling inflation-weary consumers may pull back.
Published on: February 20, 2025, 12:03 PM UTC
Intel Stock Plunges 6% Amid Breakup Concerns; Analysts Skeptical of TSMC and Broadcom Deals
Published on: February 20, 2025, 11:03 AM UTC
Singapore Airlines' net profit more than doubled in Q3, boosted by a one-time gain from the Air India-Vistara merger. The airline now holds a 25.1% stake in the Air India group.
Published on: February 20, 2025, 10:00 AM UTC
Stocks sink in Asia as geopolitical tensions flare, S&P 500 futures drop. Yen strengthens, Treasuries rise, and gold holds near record high amid risk-off sentiment. Watch Alibaba earnings and key economic data this week.
Published on: February 20, 2025, 04:01 AM UTC
Host Hotels & Resorts Inc. (HST) reported better-than-expected fourth-quarter funds from operations of $312 million. The REIT also surpassed revenue forecasts with $1.43 billion.
Published on: February 19, 2025, 11:08 PM UTC
Pan American Silver Q4 Earnings Meet Forecasts: PAAS reports net income of $107.8 million, revenue of $815.1 million in Q4 2022.
Published on: February 19, 2025, 11:06 PM UTC