Posts with tag: elections
Google and Meta eliminate diversity hiring targets as legal pressure intensifies, while Apple, Microsoft, and JPMorgan Chase maintain their efforts.
Published on: February 06, 2025, 10:02 PM UTC
American Superconductor Corp. (AMSC) reports a fiscal third-quarter net income of $2.5 million, compared to a loss in the same period last year.
Published on: February 05, 2025, 10:07 PM UTC
Big Tech's earnings season winds down with AI taking center stage. Microsoft, Meta, and Google report mixed results, but analysts remain bullish on their long-term AI bets. Nvidia's earnings report on Feb. 26 is seen as a key indicator for AI stocks.
Published on: February 05, 2025, 10:02 PM UTC
South Korea's LG CNS debuts on the Seoul exchange with a weak start, falling 8.6% on its first day of trading, despite a strong IPO. This reflects growing skepticism among investors about the profitability of IPOs in Seoul.
Published on: February 05, 2025, 07:03 AM UTC
AMD shares fall despite beating earnings expectations, while Nvidia and Intel shares fluctuate amid concerns over tariffs and AI competition.
Published on: February 05, 2025, 12:03 AM UTC
AMD Beats Earnings, but Stock Drops After Hours
Published on: February 04, 2025, 10:02 PM UTC
Palantir stock soars 20.92% despite missing next quarter revenue guidance as it reports impressive fourth-quarter results exceeding analysts' billings, revenue, and EPS estimates. Palantir's growth outlook remains encouraging.
Published on: February 04, 2025, 06:04 PM UTC
Merck reported Q4 and full-year earnings in line with estimates. Sales rose 7% to $64.2 billion in 2024, while EPS was $7.65. However, the stock dropped 8% pre-market due to weaker-than-expected 2025 guidance, indicating only a slight increase in revenue compared to 2024. Analysts have raised concerns about Merck's pipeline and competition, while comparing it to Pfizer, which also reported earnings on Tuesday and showed positive long-term potential. Merck's key revenue drivers include Gardasil and Keytruda, but Gardasil has faced challenges in China and Keytruda's patent expires in 2028.
Published on: February 04, 2025, 02:05 PM UTC
Artificial intelligence stocks may have further to run despite the emergence of China's cheap AI model DeepSeek, according to the Jevons Paradox.
Published on: February 04, 2025, 06:00 AM UTC
Interest abounds regarding the sale of TikTok as the U.S. administration seeks to broker a deal.
Published on: February 04, 2025, 03:00 AM UTC