Tag: research

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IMAX Q4 Profit, Revenue Miss Estimates

Imax Corp. reports Q4 profit of $5.3 million, missing Wall Street expectations. Revenue of $92.7 million also falls short of estimates.

PRA Group Reports Q4 Profit of $18.5 Million

PRA Group Inc. (PRAA) reported fourth-quarter profit of $18.5 million, or 47 cents per share, topping Wall Street expectations. Revenue was $293.2 million. For the year, the company reported profit of $70.6 million, or $1.79 per share, on revenue of $1.11 billion.

Walmart's Flywheel: Profit Margins and Soaring Share Price

Walmart's strong profit margins could drive its stock to $150, Morgan Stanley analysts predict, while other analysts see limited upside ahead of earnings.

Carvana Beats Revenue and Profit Estimates in Q4, Shares Dip After Hours

Carvana reports a profitable Q4, with revenue and EPS beats. Despite the 32% YoY revenue increase, shares experience an after-hours decline following a 52-week high. The online car retailer anticipates continued growth in sales and EBITDA for 2025.

Fed Holds Rates Steady, Will Wait to See if Trump Policies Reignite Inflation

Fed Holds Rates Amid Inflation, Trump Policy Uncertainty

Apple's Budget-Friendly iPhone 16e: First In-House Modem, $599 Price

Apple unveiled the iPhone 16e Tuesday, a budget-friendly smartphone that includes Apple Intelligence and an in-house-designed modem.

White House Tightens Grip on Fed Bank Regulation

The White House is tightening control over the Federal Reserve's bank regulation, giving President Trump's appointees more power over independent agencies. However, monetary policy will remain under the Fed's control.

AheadComputing Raises $21.5 Million in Seed Funding to Build Chips Based on RISC-V Architecture

AheadComputing raises $21.5 million in seed funding to develop CPU technology based on RISC-V architecture for artificial intelligence.

US Exceptional Trade Wanes as World Equities, Commodities Shine

The global stock market is outperforming US stocks in 2023, with investors shifting away from US "exceptionalism." This is due to several factors, including less optimism about Federal Reserve interest rate cuts, concerns about US growth, and attractive valuations in other markets.

Formula One Unveils Bold Future: New Cars, US Growth, and American Automakers Return

Formula One kicks off its 75th season with new cars, more races, and growing popularity, especially in the US, thanks to Netflix's "Drive to Survive."