Posts with tag: innovation
James Bond producers hand over franchise to Amazon MGM after decades of family ownership
Published on: February 20, 2025, 03:05 PM UTC
Alibaba posts fastest revenue growth in a year as Chinese internet giant recovers from turbulence, showcasing strong e-commerce and cloud services performance, rising stock value, and focus on artificial intelligence to drive future growth.
Published on: February 20, 2025, 03:04 PM UTC
Anglo American and Codelco partner to develop adjacent mines in Chile, aiming to boost production and reduce costs.
Published on: February 20, 2025, 03:04 PM UTC
Sabre (SABR) Q4 sales met estimates with a 4% YoY increase to $714.7 million. Non-GAAP loss per share was $0.08, exceeding analyst consensus by 22%. Revenue growth of 9.3% over the last two years is above the five-year trend. The company's free cash flow margin is 9.3%, but it has declined slightly from the previous quarter. Overall, Sabre had a solid earnings report but faces some demand challenges in the near term.
Published on: February 20, 2025, 02:04 PM UTC
Jobless claims rise slightly, but labor market remains healthy. Weekly applications for jobless benefits increased by 5,000 to 219,000, but the four-week average fell to 215,250. Despite layoffs at some high-profile companies, the labor market is still strong with plentiful jobs and a low unemployment rate. The Federal Reserve is monitoring inflation and the labor market for signs of a weakening economy.
Published on: February 20, 2025, 02:04 PM UTC
BigCommerce reports a Q4 loss of $2.4 million, surpasses Wall Street expectations with revenue of $87 million. For the year, the company's loss narrowed to $27 million, while revenue reached $332.9 million.
Published on: February 20, 2025, 01:08 PM UTC
Cheniere Energy Inc. reported fourth-quarter net income of $977 million, which beat Wall Street expectations.
Published on: February 20, 2025, 01:07 PM UTC
Ardelyx Inc. (ARDX) reported fourth-quarter net income of $4.6 million, meeting Wall Street expectations. Revenue was $116.1 million, beating forecasts. For the year, the company's loss narrowed to $39.1 million, or 17 cents per share. Revenue was $333.6 million.
Published on: February 20, 2025, 01:06 PM UTC
Carvana (CVNA) beats revenue and profit estimates in Q4, but shares drop after hours. The online car dealer reports record annual revenue and adjusted EBITDA, but warns of rising costs and supply chain issues.
Published on: February 20, 2025, 01:03 PM UTC
Shake Shack (SHAK) Q4 Earnings: Revenue Meets Expectations, Earnings Beat, Stock Soars; Revenue Growth, Strong Same-Store Sales, Positive Guidance Highlight Growth Story
Published on: February 20, 2025, 01:01 PM UTC