Tag: gadgets

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Allegheny Technologies Q4 earnings top estimates

Allegheny Technologies Inc. (ATI) reported fourth-quarter earnings of $137.1 million, or 94 cents per share. Adjusted earnings were 79 cents per share, exceeding Wall Street expectations. Revenue for the quarter was $1.17 billion.

Madison Square Garden Co. posts smaller-than-expected profit in Q2

Madison Square Garden Co. reports second-quarter net income of $1.1 million, missing Wall Street expectations but surpassing revenue forecasts.

SailPoint Sets IPO Valuation of Up to $11.5 Billion

Cybersecurity company SailPoint targets up to $11.5 billion valuation in US IPO. SailPoint, backed by private equity firm Thoma Bravo, offers 50 million shares priced between $19 and $21. The IPO will test investor appetite and set the tone for other firms considering listings.

Axalta Coating Systems beats estimates, sees higher earnings

Axalta Coating Systems (AXTA) beats earnings and revenue expectations for Q4, with earnings per share of 60 cents and revenue of $1.31 billion. For the year, the company reports profit of $391 million or $1.78 per share, with revenue of $5.28 billion. Axalta forecasts earnings of 54 cents per share for the current quarter and $2.50 to $2.60 per share for the full year, with revenue between $5.35 billion and $5.4 billion.

Merck Q4 Earnings Top Estimates

Merck reports Q4 net income of $3.74B, surpassing expectations with $1.72 EPS, revenue of $15.62B. The company forecasts 2023 earnings between $8.88-$9.03 per share and revenue between $64.1B-$65.6B.

Palantir Soars on Strong Earnings Forecast Amid AI Adoption Wave

Palantir stock surged over 18% premarket as upbeat annual revenue forecast fueled by strong demand for its AI-powered software solutions from businesses embracing generative AI technology.

Mizuho Financial Posts Net Income of $1.9B in Fiscal Third Quarter

Mizuho Financial Group reported $1.9 billion in net income in its fiscal third quarter, beating expectations.

Rambus reports Q4 earnings of 58 cents per share

Rambus Inc. reports fourth-quarter earnings of $62.2 million, or 59 cents per share. The memory chip designer posted revenue of $161.1 million. For the year, Rambus reported profit of $179.8 million, or $1.65 per share. Revenue was reported as $584.1 million.

Trump Floats Sovereign Wealth Fund for TikTok Deal

Trump says U.S. sovereign wealth fund could be used to buy TikTok

Manufacturing PMI Rebounds, Signaling Potential Stock Market Boom

The manufacturing sector expanded in January for the first time in more than two years, a bullish sign for stocks, experts say.