Tag: nature

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Musk Withdraws Bid for OpenAI Nonprofit Arm

Elon Musk may abandon his bid to purchase OpenAI's non-profit division if the board agrees to maintain the charity's purpose.

Egg Prices Hit Record High, Grocers Absorb Bulk of Increases

Egg prices have skyrocketed due to an outbreak of avian flu, but grocery stores are employing strategies to keep them affordable, such as using eggs as "loss leaders" and offering loyalty discounts. However, with wholesale prices continuing to rise and demand remaining strong, prices are expected to keep increasing, potentially putting a strain on consumer budgets.

Australian minister addresses US tariff exemption hurdle with increased aluminium supply

Australia increases aluminum supply to the U.S. with approval, addressing concerns over tariffs.

Stock Market in Focus: Futures Rise, Inflation Report Dashes Rate Cut Hopes

US stock futures gain after inflation report as investors await earnings and PPI data.

Aspen Aerogels Q4 Earnings Beat, Revenue Tops Estimates

Aspen Aerogels Inc. reports fourth-quarter net income of $11.4 million, topping Wall Street expectations. Revenue was $123.1 million, also topping Street forecasts.

Inflation Data Shows Unwelcome Rise, Complicates Fed's Path

Consumer prices rose more than forecast in January, with core prices reversing last month's easing, complicating the Federal Reserve's path forward on interest rates.

Walgreens' VillageMD Explores Sale or Restructuring Options

VillageMD, backed by Walgreens, explores strategic options including a sale or restructuring, working with Evercore and Alvarez & Marsal. Walgreens aims to divest VillageMD, reduce debt, and enhance its financial position.

GXO Logistics Q4 Sales Beat Estimates But Stock Drops

GXO Logistics (NYSE: GXO) reported a revenue beat and an EPS beat in Q4 CY2024. Sales surged by 25.5% YoY to $3.25 billion, while adjusted EPS of $1 surpassed the consensus estimate by 5.8%. However, the company's guidance for 2025 fell short of analysts' expectations, leading to a 5.3% drop in stock price post-earnings. Explore our full research report to determine if GXO Logistics is a buy.

Williams Cos. beats Wall Street estimates in Q4

Williams Cos. (WMB) reported fourth-quarter earnings of $485 million, surpassing Wall Street expectations. The company expects full-year earnings in the range of $1.94 to $2.18 per share.

QuidelOrtho reports Q4 loss, beats Street forecasts

QuidelOrtho Corporation reports Q4 loss of $153.4 million, exceeding Wall Street expectations with adjusted earnings of 63 cents per share. Revenue reaches $707.8 million for the quarter and $2.78 billion for the year, aligning with Zacks Investment Research estimates.