Posts with tag: reporting
Netflix and Amazon are investing heavily in live events and sports to prevent customers from canceling their streaming subscriptions. This strategy has proven successful, as sports content has a built-in fan base and provides a guaranteed audience. As a result, Netflix and Amazon are expected to continue to dominate the live sports market.
Published on: February 18, 2025, 01:02 PM UTC
Bruker Corp. (BRKR) reported fourth-quarter earnings of $13.7 million, surpassing Wall Street expectations. The scientific equipment maker posted revenue of $979.6 million in the period. For the year, the company reported profit of $113.1 million, or 76 cents per share. Revenue was reported as $3.37 billion.
Published on: February 13, 2025, 01:08 PM UTC
Alpha Data, a UAE technology company, announces plans for an initial public offering on the Abu Dhabi Securities Exchange (ADX), offering 40% of its capital with 400 million shares.
Published on: February 13, 2025, 06:02 AM UTC
The U.S. job market added 143,000 jobs in January, cooling from previous months but remaining solid. Despite the slowdown, the unemployment rate edged down to 4%, showing a healthy labor market. The revised numbers show a lower number of jobs created in the year through March 2024 but a substantially higher number of employed Americans. Despite political uncertainty, employers maintain a "business as usual" attitude, contributing to the labor market's stability. However, factors such as reduced immigration and tariffs remain potential wild cards for the future labor market.
Published on: February 07, 2025, 10:01 PM UTC