Posts with tag: innovation
President Trump's tariffs will cause pain in the form of higher prices, swooning stock values, and economic uncertainty. But Trump is missing an opportunity to address the more pressing issue of the gigantic national debt.
Published on: February 04, 2025, 03:04 PM UTC
Merck's Q4 earnings met estimates, but weak 2025 guidance sent its stock down 10%. Sales rose 7% to $15.6 billion, slightly above expectations, while EPS of $7.65 topped the consensus of $7.56.
Published on: February 04, 2025, 03:03 PM UTC
Spotify beat expectations with strong earnings and record subscriber growth. The audio giant reported profits and margin expansion, setting ambitious goals for 2025 while navigating industry shifts and a deal with Universal Music Group.
Published on: February 04, 2025, 03:02 PM UTC
Pfizer (PFE) reported Q4 revenue of $17.8 billion and EPS of $3.12, beating estimates. Full-year 2024 revenue was $63.6 billion, up 7%. Pfizer plans to cut costs by $4.5 billion by 2025 amidst headwinds like patent expirations, Medicare price negotiations, and competition.
Published on: February 04, 2025, 03:00 PM UTC
Published on: February 04, 2025, 02:05 PM UTC
Apollo Global Management's wealth business drives strong results, with record capital gains and a 50% increase in assets from the sector.
Published on: February 04, 2025, 02:04 PM UTC
Brazilian central bank's meeting minutes reveal concerns over inflation above tolerance range for next six months due to rising food prices and elevated service costs. The bank signals further interest rate hikes may be necessary to bring inflation under control.
Published on: February 04, 2025, 02:01 PM UTC
Indonesia amends state-owned enterprises law, paving way for new investment agency Danantara, which will manage billions of dollars in state assets. The move aims to boost economic growth and mobilize funding for key projects.
Published on: February 04, 2025, 01:09 PM UTC
Allegheny Technologies Inc. (ATI) reported fourth-quarter earnings of $137.1 million, or 94 cents per share. Adjusted earnings were 79 cents per share, exceeding Wall Street expectations. Revenue for the quarter was $1.17 billion.
Published on: February 04, 2025, 01:06 PM UTC
Madison Square Garden Co. reports second-quarter net income of $1.1 million, missing Wall Street expectations but surpassing revenue forecasts.
Published on: February 04, 2025, 01:06 PM UTC