Tag: educational

Warren Buffett's Berkshire Hathaway (BRK-B) holds a 5.6 million share stake in Constellation Brands (STZ), making it the sixth-largest shareholder of the beer and liquor giant. Shares of STZ jumped 5% on the news, which indicates a positive vote of confidence in the company.

Published on: February 19, 2025, 03:03 PM UTC

Elon Musk is not in charge of the Department of Government Efficiency (DOGE), according to a White House affidavit. The document contradicts previous statements from the White House and Musk himself, who has publicly taken credit for leading the initiative.

Published on: February 19, 2025, 01:02 PM UTC

Biogen forecasts below-expected 2025 profit, hurt by competition and a strong dollar. Stock falls 3% pre-market as investors sell due to slow launch of Leqembi, leading to concerns of slowing sales growth. Despite cost-cutting measures and acquisitions, Biogen predicts a mid-single-digit revenue decline in 2025, with adjusted earnings per share between $15.25 and $16.25, below analysts' estimates of $16.34.

Published on: February 12, 2025, 12:03 PM UTC

Lyft missed Q4 revenue estimates, with revenue up 26.6% YoY to $1.55B. Despite beating EPS estimates, its EBITDA guidance for Q1 CY2025 fell short of expectations. Active riders rose 10% annually to 24.7 million, and ARPU grew 14.8% YoY to $62.77. Lyft's long-term revenue growth remains impressive at 21.7% annually over the past three years. Get our full research report for an in-depth analysis of Lyft's performance and investment potential.

Published on: February 11, 2025, 10:04 PM UTC

Traders expect further interest rate cuts from the Bank of England after policymakers lowered costs, with two voting for a bigger reduction. Money markets fully price two more quarter-point cuts and an 80% chance of a third. The pound fell, while UK bonds initially rallied.

Published on: February 06, 2025, 02:05 PM UTC

Toyota stock climbs higher on upbeat guidance and EV expansion plans in China. The Japanese automaker reported strong fiscal third quarter results and raised its full-year profit outlook. Toyota also announced plans to establish a wholly-owned electric vehicle unit in China and open a $14 billion battery plant in North Carolina.

Published on: February 05, 2025, 03:00 PM UTC

Apple to Report Q1 Earnings Amid iPhone and AI Concerns; Analysts Downgrade Stock

Published on: January 29, 2025, 09:02 PM UTC

Nvidia stock rose premarket on Tuesday as investors weighed concerns about AI competition against the company's continued dominance in the chip market.

Published on: January 28, 2025, 05:03 PM UTC

Commerce Bancshares (CBSH) reported Q4 earnings of $136.1 million ($1.01/share), surpassing analyst estimates of $0.94/share. Revenue reached $524.8 million, with a net of $422.1 million, also beating expectations. For the year, profit was $526.3 million ($3.87/share), with revenue at $1.66 billion. CBSH shares have risen 5% YTD and 24% over the past year.

Published on: January 22, 2025, 12:04 PM UTC