Posts with tag: fitness
Lam Research surpasses Wall Street expectations during the fiscal second quarter, posting revenue of $4.38 billion and adjusted EPS of 91 cents per share.
Published on: January 29, 2025, 10:10 PM UTC
Nvidia stock falls 6% on report of possible new US restrictions on chip sales to China
Published on: January 29, 2025, 09:02 PM UTC
Brinker International (EAT) stock jumped 15% after reporting strong Q4 results, beating analysts' revenue and EPS expectations. All brands posted growth, led by Chili's 31.4% increase in comparable restaurant sales. EAT raised its full-year guidance, and analysts believe this was a great quarter.
Published on: January 29, 2025, 08:06 PM UTC
Milan mayor backs Mediobanca against MPS in political takeover battle
Published on: January 29, 2025, 07:04 PM UTC
F5 Networks Inc. (FFIV) reported Q1 net income of $166.4 million, beating estimates, with EPS of $2.82, adjusted EPS of $3.84, and revenue of $766.5 million.
Published on: January 28, 2025, 10:10 PM UTC
US tech giants face questions on China's DeepSeek AI model impact in upcoming earnings calls as it offers similar effectiveness at a lower cost, shaking the tech industry and raising concerns about future infrastructure spending, especially for chip demand.
Published on: January 28, 2025, 10:09 PM UTC
Stryker Corp. (SYK) reports Q4 profit of $546 million, surpassing Wall Street estimates. Revenue was $6.44 billion, also topping forecasts. For the year, the company reported profit of $2.99 billion, or $7.76 per share, on revenue of $22.6 billion.
Published on: January 28, 2025, 10:08 PM UTC
Investors fear a cheaper AI model from China could hurt earnings for US tech giants, such as Nvidia and Broadcom, and challenge the dominance of US hyperscalers in AI. This has sparked a sell-off in the S&P 500 and Nasdaq Composite, indicating a potential shift in market leadership away from Big Tech towards broader stock market returns in the future.
Published on: January 28, 2025, 10:03 PM UTC
JetBlue Airways Corp. (JBLU) reports a Q4 loss of $44 million, beating Wall Street expectations. Revenue of $2.28 billion also topped forecasts. For the year, the company reported a loss of $795 million, or $2.30 per share, with revenue of $9.28 billion.
Published on: January 28, 2025, 01:09 PM UTC
Boeing reports a $3.8 billion quarterly loss amid production issues and a strike.
Published on: January 28, 2025, 01:07 PM UTC