Tag: heritage

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US Stock Futures Slip Amid Mixed Economic Signals and Geopolitical Concerns

U.S. stock futures slip as investors digest Fed minutes and await earnings results.

Microsoft Touts New Quantum Chip as Game-Changer for Quantum Computing

A new quantum computing chip, Majorana 1, is supposed to make quantum computers useful in years, not decades. Microsoft says its new chip uses a new type of material that takes advantage of a new state of matter.

Bausch and Lomb CEO Brent Saunders: No Plans for Sale in 2025

Bausch + Lomb CEO Brent Saunders says a deal for the company is unlikely in 2025 due to their ambitious plans for the future. Despite exploring going private, no agreement was reached. Bausch + Lomb's recent growth in contact lenses and dry eye relief products suggests a higher valuation may be possible later this year.

Flowserve Q4 Earnings: Revenue and EPS Consensus Forecasts

Flowserve Q4 earnings report preview: revenue growth expectations, EPS and operating income estimates, analyst ratings, peer performance, inflation impact, and market performance.

Gold Surges to New Record as Trade Tensions Drive Demand

Gold hits record high above $2,900 as trade war fears escalate, with analysts bullish on the safe haven asset.

US Stocks Recover From Losses, Boosting Nasdaq

US stocks rebounded from losses on Wednesday to close higher, boosted by a jump in Nvidia shares. Earnings from Alphabet and AMD fell short, but Big Tech got a boost from Nvidia's rise. The tech-heavy Nasdaq rose 0.2%, while the S&P 500 added 0.4%. The Dow Jones Industrial Average led gains, rising 0.7%. Alphabet's stock fell due to missed cloud revenue estimates, while Nvidia benefited from potential AI spending by Alphabet. Treasury yields declined, with the 10-year Treasury yield dropping nine basis points. AMD's earnings raised concerns about AI momentum, and it saw a price drop of 6%. The US-China tariff trade, Trump's Gaza comments, and interest rate sensitive sectors led by real estate and utilities rounded out the market update.

Equinor posts slightly higher-than-expected profits in Q4 2024

Equinor's Q4 2024 profit beats expectations, reaching $7.90 billion despite a decline from the previous year.

Fox Enters Crowded Streaming Market with New Direct-to-Consumer Service

Fox to Enter Competitive Streaming Marketplace, Target Cord-Cutters

Meta CEO Expects Big Year for AI Assistant, Spending Billions

Meta CEO Mark Zuckerberg predicts AI assistant success in 2025, plans to invest billions in AI infrastructure. Learn about Meta's AI strategy and the impact of DeepSeek's recent advancements.

Liberty Oilfield Services Inc. Q4 Earnings Beat

Liberty Oilfield Services Inc. (LBRT) reports fourth-quarter profit of $51.9 million, exceeding Wall Street expectations.