Posts with tag: hiking
QuidelOrtho (QDEL) earnings preview: Revenue expected to decline 6% YoY to $698.4 million, with adjusted earnings of $0.58 per share. Analysts have reconfirmed estimates, and QuidelOrtho has historically exceeded revenue expectations by 6.6% on average.
Published on: February 11, 2025, 02:05 PM UTC
The Carlyle Group reported a Q4 net income of $210.9 million and revenue of $1.03 billion, but missed Wall Street's expectations.
Published on: February 11, 2025, 12:06 PM UTC
DuPont raised its 2025 profit forecast and beat quarterly earnings estimates, driven by strong demand for electronics. The company's shares jumped 5% in premarket trading.
Published on: February 11, 2025, 12:00 PM UTC
OpenAI CEO Sam Altman has rejected a $97.4 billion offer from a group of investors led by Elon Musk to buy the non-profit company. The offer came as Altman seeks to turn OpenAI into a for-profit business, a move that Musk is suing to prevent. Legal experts say that OpenAI is required to receive fair market value for its assets.
Published on: February 11, 2025, 06:02 AM UTC
Battery giant CATL plans to file for a $5B Hong Kong listing this week, marking one of the city's largest in the past three years.
Published on: February 11, 2025, 04:00 AM UTC
Big Tech executives react to the rise of Chinese AI startup DeepSeek and its potential impact on the industry. From defensive to excited, reactions vary, but all agree AI costs will eventually come down.
Published on: February 10, 2025, 02:03 PM UTC
JPMorgan Chase under fire for diversity policies as activist Robby Starbuck targets company's DEI initiatives. Amid wider criticism of corporate DEI efforts, JPMorgan CEO Jamie Dimon defends the company's policies.
Published on: February 10, 2025, 01:03 PM UTC
The Magnificent Seven tech stocks stumbled last week amid concerns over weak guidance and record capital investment plans. But industry experts see DeepSeek's development as a catalyst for AI innovation and adoption, driving demand for AI network stocks like Ciena, Coherent, Celestica, and Arista Networks.
Published on: February 10, 2025, 01:02 PM UTC
U.S. stocks rise ahead of the open after steelmakers rally on Trump's steel and aluminum tariffs announcement.
Published on: February 10, 2025, 12:01 PM UTC
Traders look to the US jobs report to guide interest rate decisions, with stocks, bonds, and the dollar seeing modest fluctuations.
Published on: February 07, 2025, 05:00 PM UTC