Posts with tag: science
NetScout Systems (NTCT) reported Q3 earnings of $0.94 per share, exceeding the estimate of $0.83. Revenue came in at $252 million, in line with expectations. The company expects full-year earnings in the range of $2.15 to $2.25 per share, with revenue in the range of $810 million to $820 million.
Published on: January 30, 2025, 01:05 PM UTC
ManpowerGroup Inc. (MAN) reported fourth-quarter earnings of $22.5 million, exceeding Wall Street expectations. Earnings per share were $1.02, above the estimate of 99 cents. Revenue was $4.4 billion, below the forecast of $4.42 billion. For the year, the company reported profit of $145.1 million, or $3.01 per share, on revenue of $17.85 billion.
Published on: January 30, 2025, 01:05 PM UTC
Meta's metaverse division known as Reality Labs continues to lose billions, with losses exceeding $60 billion since 2020. Despite CEO Mark Zuckerberg's optimism about the metaverse's future, analysts question its profitability, with some suggesting that Meta's investment in AI may be a wiser choice.
Published on: January 30, 2025, 01:02 PM UTC
Tesla projects capital expenditures to surpass $11 billion in 2023 and beyond. In 2022, the automaker spent between $6 billion and $8 billion.
Published on: January 30, 2025, 12:04 PM UTC
Northrop Grumman posted a quarterly profit, as headwinds from its B-21 Raider stealth bomber program eased and rising geopolitical tensions stoked demand for its military equipment.
Published on: January 30, 2025, 12:00 PM UTC
Europe's economy stagnated in Q4 2024, with zero growth due to Germany's struggles.
Published on: January 30, 2025, 11:04 AM UTC
Deutsche Bank to Reduce Management Roles and Cut Headcount After Higher Costs Impact Q4 Results
Published on: January 30, 2025, 11:04 AM UTC
India's IT minister praises Chinese startup DeepSeek's low-cost AI model, contrasting it with India's $1.25 billion AI investment. The minister's statement targets comments by OpenAI's Sam Altman, who questioned India's ability to build a substantial AI model with a $10 million budget.
Published on: January 30, 2025, 09:01 AM UTC
Investors from The "Big Short" Skip AI for Emerging Market Stocks
Published on: January 30, 2025, 05:00 AM UTC
SoftBank in Talks to Invest Up to $25 Billion in OpenAI, Potentially Becoming Its Largest Backer
Published on: January 30, 2025, 04:01 AM UTC