Posts with tag: research
Extreme Networks Inc. (EXTR) reported a profit of $7.4 million in its fiscal second quarter, with earnings per share of 6 cents. Adjusted earnings were 21 cents per share, and revenue was $279.4 million. For the current quarter ending in March, Extreme Networks expects earnings per share to range from 16 to 20 cents, and revenue to range from $276 million to $284 million.
Published on: January 29, 2025, 01:06 PM UTC
Prosperity Bancshares (PB) reported Q4 EPS of $1.37, beating estimates by $0.04. Revenue of $450.8M, above consensus of $302.8M. Zacks Equity Research report.
Published on: January 29, 2025, 12:05 PM UTC
US oil refiners brace for sharp Q4 profit decline amid softening demand, tariff uncertainty.
Published on: January 29, 2025, 12:00 PM UTC
Luxury conglomerate LVMH, led by Bernard Arnault, is considering expanding production in the US due to favorable tax conditions and a positive business climate.
Published on: January 28, 2025, 11:04 PM UTC
Clorox's CFO Kevin Jacobsen to step down, succeeded by Luc Bellet amid digital transformation focus.
Published on: January 28, 2025, 11:00 PM UTC
Microsoft (MSFT) releases its second quarter earnings as AI impact remains in focus, with DeepSeek's R1 model challenging industry assumptions. Analysts predict EPS of $3.13 on $68.8 billion revenue, with Azure growth expected to accelerate in the second half of 2025 due to increased consumption and large commitments.
Published on: January 28, 2025, 08:02 PM UTC
The Nasdaq and S&P 500 rebounded on Tuesday, following a sharp stock sell-off spurred by concerns about over-confidence in Big Tech's potential payoff from investments in AI. Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting where the impact of his policies is likely to be discussed.
Published on: January 28, 2025, 04:02 PM UTC
Discover rare coins that could be worth thousands! Learn the key characteristics to identify valuable coins and avoid spending them. Explore specific rare U.S. coins with their impressive sale prices and tips to find these hidden treasures.
Published on: January 28, 2025, 03:05 PM UTC
UK competition watchdog launches investigation into Amazon, Microsoft cloud services
Published on: January 28, 2025, 01:08 PM UTC
Wall Street banks are seeking to recover from losses incurred in financing Elon Musk's Twitter acquisition. Morgan Stanley and Bank of America plan to sell portions of the debt provided for the deal, offering investors a claim on X's stake in Musk's AI startup. The move coincides with optimism among dealmakers due to the Trump administration's potential loosening of regulations.
Published on: January 28, 2025, 12:02 PM UTC