Posts with tag: science
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
Goldman Sachs strategists downplay the tech-led selloff in US equities, citing a positive economic outlook and historically supportive conditions for risk assets. While DeepSeek's AI model raised concerns, they believe weakness in stocks will be limited due to falling interest rates and moderating inflation.
Published on: January 29, 2025, 12:00 PM UTC
Sony Group Corp. appoints CFO Hiroki Totoki as CEO, underscoring the company's focus on expanding its entertainment offerings, including games, anime, music, and movies.
Published on: January 29, 2025, 08:01 AM UTC
Starbucks CEO Brian Niccol faces the challenge of balancing the popularity of mobile orders with his vision for a classic coffeehouse experience. The company is implementing an algorithm to improve efficiency and create a more personal touch for customers.
Published on: January 29, 2025, 03:00 AM 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
Tech stocks rebounded on Tuesday, helping U.S. indexes gain ground after a decline on Monday. The S&P 500 rose 0.9%, the Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rallied 2%. Nvidia, a major player in artificial intelligence, climbed nearly 9%. Treasury yields remained relatively stable ahead of the Federal Reserve's interest rate announcement on Wednesday.
Published on: January 28, 2025, 10:08 PM UTC
{{meta_description}}
Published on: January 28, 2025, 09:00 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