Posts with tag: innovation
Super Micro Computer (SMCI) shares surged after a positive business update. The company expects to avoid Nasdaq delisting, aims for $40B revenue by 2026, despite missing Q2 estimates.
Published on: February 12, 2025, 02:01 PM UTC
Inflation data released Wednesday shows headline consumer prices rose more than forecast in January, with the CPI increasing 3.0% year-over-year. Core inflation, excluding food and gas, climbed 0.4% over the prior month and 3.3% over last year, remaining above the Fed's 2% target. Despite some deceleration in shelter costs, used car prices saw another strong uptick.
Published on: February 12, 2025, 02:01 PM UTC
Kraft Heinz (KHC) reports Q4 earnings of $2.13 billion, or $1.76 per share, beating Wall Street estimates. Full-year revenue reached $25.85 billion and profit was $2.74 billion.
Published on: February 12, 2025, 01:09 PM UTC
Waters Corp forecasts Q1 profit below estimates due to a strong dollar; shares down 10% premarket.
Published on: February 12, 2025, 01:09 PM UTC
NiSource Inc. (NI) reported fourth-quarter profit of $223.9 million, or 47 cents per share. Adjusted earnings came to 49 cents per share, on revenue of $1.59 billion.
Published on: February 12, 2025, 01:08 PM UTC
CME Group reports increased hedging activity in Q4, boosting profit by 6% to $1.53 billion, driven by geopolitical and economic uncertainty.
Published on: February 12, 2025, 01:04 PM UTC
Tesla Stock Falls as Elon Musk's OpenAI Bid Raises Concerns about Distraction and Valuation Discord
Published on: February 12, 2025, 01:01 PM UTC
Waters Corp beats estimates with $4.10 earnings per share in Q4 on revenue of $872.7 million
Published on: February 12, 2025, 12:07 PM UTC
Generac Holdings Inc. (GNRC) reported fourth-quarter net income of $117.2 million, beating Wall Street expectations. Adjusted earnings came to $2.80 per share, on revenue of $1.23 billion, meeting forecasts. For the year, GNRC reported profit of $316.3 million, or $5.39 per share, on revenue of $4.3 billion.
Published on: February 12, 2025, 12:06 PM UTC
Billionaire Ken Griffin says Trump's tariffs are a "huge mistake," creating "chaos" and hindering economic growth. The Citadel CEO also praises Musk's efforts to reduce government bureaucracy but has concerns about the new antitrust cops and uncertainties surrounding Trump's policies.
Published on: February 12, 2025, 12:03 PM UTC