Tag: innovation

Posts with tag: innovation

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Xpeng, Geely Shares Plunge on BYD's Smart Driving Expansion

Chinese automakers Xpeng and Geely Auto see shares fall on concerns over BYD's competitive edge in offering smart driving features for free.

Oil Steadies After Biggest Gain in Almost Four Weeks

Oil steadies after Russian supply tightens; Trump's tariffs remain concern

Oil Holds Gains as Russian Supply Loss Offsets Trade-War Worries

Oil holds gains on tighter Russian supply, tariff concerns

Mag Seven Slumps as AI Spending Fears Dampen Tech Trade

Meta Surges 20% as AI Spending Concerns Weigh on Tech Stocks. Only Meta Posts Double-Digit Gains Among 'Magnificent Seven' Tech Giants in 2025.

Elon Musk, Sam Altman Spar Over $97B Offer for OpenAI

Elon Musk's $97.4B Offer to Buy OpenAI Declined by CEO Sam Altman

Elon Musk May Dismantle CFPB Amid X Expansion

Elon Musk's Involvement in Dismantling CFPB Raises Conflict of Interest Concerns as X Expands into Digital Payments

CBA's Marginally Higher Cash Earnings May Not Outweigh High Valuation

CBA expected to post marginal cash earnings growth in the first half, but high valuation faces headwinds from rising macroeconomic concerns.

PFLT Q1 Earnings Beat Estimates

PennantPark Floating Rate Capital Ltd. (PFLT) reported a fiscal first-quarter profit of $28.3 million, or 33 cents per share, beating analyst estimates of 31 cents per share. Revenue was $67 million, also topping forecasts of $58.9 million.

Corrections Corp. Tops Q4 Profit Expectations

Corrections Corp. of America (CXW) reported Q4 FFO of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. The company reported revenue of $479.3 million for the quarter, also beating the Zacks Consensus Estimate of $461.6 million.

McDonald's Q4 Earnings: Weak Sales Overshadowed by Value Menu Drive

McDonald's falls short in Q4 revenue and earnings, citing underperforming stock, weak sales, and an E. coli outbreak. Global same-store sales rise, while US sales decline. The chain plans to regain market share with its McValue menu and new offerings in 2025.