Tag: future

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Starbucks Hires Taco Bell Execs to Transform Stores Under Niccol's 'Back to Starbucks' Plan

Starbucks brings Taco Bell executives to its team, aiming to enhance retail operations and store experiences. CEO Brian Niccol's "Back to Starbucks" plan involves assigning clear roles and responsibilities to Mike Grams and Meredith Sandland, who will oversee retail performance and store development strategy.

RTX Q4 CY2024 Results: Strong Sales, Mixed Guidance

Raytheon Technologies (RTX) reported strong Q4 results, beating revenue estimates by 5.4% with $21.62B. Organic revenue rose 11% year-on-year, driven by strong defense demand. Despite revenue guidance slightly missing expectations, RTX's non-GAAP EPS of $1.54 exceeded estimates by 12%, showcasing profitability growth. The company's valuation, business fundamentals, and recent quarterly performance should be considered for investment decisions. Read our full research report for detailed insights.

Capital City Bank Group Reports Strong Fourth Quarter Earnings

Capital City Bank Group (CCBG) reported Q4 earnings of $13.1 million, or 77 cents per share, and revenue of $68.5 million. For the year, the bank holding company posted a profit of $52.9 million, or $3.12 per share, on revenue of $234.9 million.

AI Spending Levels Questioned as DeepSeek's Advance Spurs Power Stock Sell-Off

AI-powered chatbots challenge US tech dominance, sending power stocks tumbling. Despite analysts' optimism, DeepSeek's advances raise questions about AI spending and market leadership.

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Chartbook: The Bull Market Continues - Yahoo Finance

DeepSeek's AI Breakthrough Boosts Tesla's 'Embodied AI' Prospects

As new AI developments from Chinese startup DeepSeek spark concerns over the threat to US tech firms, Tesla may benefit from the renewed market focus on AI and embodied AI, which could power its self-driving vehicles and Optimus robot.

Mediobanca Board to Discuss Surprise Bid from Rival Monte dei Paschi

Shares in Monte dei Paschi plummeted on Tuesday after Mediobanca's board convened to consider a surprising takeover bid.

Wacker Chemie Annual Core Profit Plunges 7% Amid Lower Prices, Sales, and High Energy Costs

German chemical company Wacker Chemie reports a 7% decrease in annual core profit to €770 million due to decreased demand, lower sales, and high energy costs. Despite sales falling 11% to €5.72 billion, the company exceeded analyst expectations.

Big Tech Earnings: AI Competition Concerns Spur Market Sell-Off

Concerns over AI competition sparked a sell-off in Big Tech, highlighting the market's dependence on their earnings growth. Nvidia, Microsoft, and Alphabet dropped, while Broadcom fell over 17%.

Bessent Confirmed as Treasury Secretary in Bipartisan Senate Vote

Scott Bessent is confirmed as the next U.S. Treasury Secretary, becoming President Trump's chief economic spokesman. Bessent, a former hedge fund manager, will face immediate challenges including managing the US debt load, implementing tax cuts, and addressing foreign adversaries with sanctions.