Posts with tag: illustration
Fortinet predicts full-year revenue surpassing Wall Street estimates, driven by growing demand for AI-powered cybersecurity solutions due to digitalization and rising cyber threats.
Published on: February 06, 2025, 10:06 PM UTC
Belden's Q4 sales beat estimates with a 20.8% increase to $666 million, but its quarterly revenue guidance missed expectations. Adjusted EPS of $1.92 surpassed consensus estimates by 13.6%. While the company showed strength in revenue and EPS, its guidance for Q1 CY2025 was underwhelming, with revenue below analyst estimates and adjusted EPS guidance also falling short. Overall, Belden's Q4 results were mixed, and its stock price declined post-earnings.
Published on: February 06, 2025, 02:04 PM UTC
CDW Corporation reports $264.2 million quarterly net income, surpassing analysts' estimates with $2.48 EPS and $5.19 billion revenue.
Published on: February 05, 2025, 01:07 PM UTC
Trump says Fed made the right decision to pause interest rate cuts, despite his previous demands for lower rates. Economists predict tariffs will push inflation higher, making rate cuts unlikely in 2025. The Fed is expected to remain on the sidelines and monitor the impact of tariffs on inflation and growth.
Published on: February 03, 2025, 06:02 PM UTC
Novartis Q4 earnings beat estimates on Entresto, Kesimpta sales; sees 2025 operating income growth in mid-single digits.
Published on: January 31, 2025, 07:00 AM UTC
Apple's Q4: Slight iPhone Sales Dip, AI Rollout Underwhelms
Published on: January 30, 2025, 10:04 PM UTC
US economy grew 2.3% in Q4, below expectations. Consumer spending and government spending drove growth, but declines in investment and inventories limited gains. PCE index excluding food and energy rose 2.5%, in line with estimates. Fed meeting suggests no rate cuts in Q1, with markets seeing less than 50% chance of cut before June.
Published on: January 30, 2025, 03:02 PM UTC
US stock futures surge amid tech earnings and Fed decision expectations, extending recovery from AI-driven rout. Nasdaq 100 futures gain 0.4%, while S&P 500 futures hold steady. Market focus on Microsoft, Meta, Tesla earnings for signs of weakness after DeepSeek AI model concerns. Fed rate decision and Powell's comments on inflation and potential trade tariffs awaited.
Published on: January 29, 2025, 01:06 PM UTC
Nvidia stock rebounded 2.5% premarket on Tuesday after a 17% plunge on Monday due to concerns over DeepSeek's cost-effective AI model. Analysts remain skeptical of DeepSeek's low training costs, but acknowledge the potential impact on AI spending trends.
Published on: January 28, 2025, 02:04 PM UTC
US stocks finished the day in the green on Thursday, the S&P 500 reaching a fresh all-time closing high of 2025. Investors digested remarks from President Donald Trump, who addressed the World Economic Forum in Davos. Meanwhile, investors focus on earnings as Netflix sets the stage for the upcoming Big Tech deluge.
Published on: January 24, 2025, 02:03 PM UTC