Tag: gadgets

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Siemens Reports Better-than-Expected Profit Despite Factory Automation Struggles

Siemens reports higher-than-expected profits for the latest quarter, with revenue growth driven by strong demand in the Americas. Despite challenges in factory automation, the company maintains its outlook for full-year sales growth.

Private Equity Giants Eye $8.54 Billion Trend Micro Deal

Bain Capital, Advent International and EQT AB are among the private equity firms competing to acquire Trend Micro, a Japanese cybersecurity firm valued at $8.54 billion.

Ribbon Communications Reports Q4 Net Income

Ribbon Communications Reports Q4 Earnings: Revenue at $251.4 Million, Net Income at $6.4 Million

Reddit Stock Falls After Mixed Earnings Despite Revenue Beat

Reddit's mixed Q4 earnings miss estimates, but Q1 guidance exceeds expectations, driven by AI partnerships and ad growth.

Senate panel OKs Trump's pick for top trade negotiator

Senate Finance Committee approves President Trump's pick for top trade negotiator, Jamieson Greer, along party lines, despite criticism from Democrats over Trump's trade policies.

Amazon's Q4: Bulls Charge Ahead Amidst Risk-Off Market

Amazon stock remains supported by investors despite a mediocre fourth quarter, with experts highlighting strong AWS performance and promising investments in generative AI for retail.

CVS Q4 Earnings Beat, Medical Loss Ratio Improves

CVS Q4 2024 Earnings Beat Estimates, Stock Up; Revenue Rises, Profits Decline

Inflation Data Shows Consumer Prices Rose More Than Expected in January

January inflation data shows consumer prices rose more than forecasted, with core prices reversing last month's easing, complicating the Federal Reserve's path forward for interest rates.

Inflation Data Shows Slight Acceleration, Raising Concerns

Inflation data released today shows the CPI increased 3.0% over the prior year, and core prices jumped 0.4% over the month, posing challenges for the Federal Reserve's policy path.

Waters Corp. Sees Profit Miss, Shares Drop on Strong Dollar

Waters Corp forecasts Q1 profit below estimates due to a strong dollar; shares down 10% premarket.