Tag: science

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Extreme Networks Reports Q2 Profit of $7.4 Million

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.

Prosperity Bancshares Beats Q4 Earnings Estimates

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.

Goldman Strategists See Tech Selloff as Blip, Back Positive Outlook

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.

Hiroki Totoki Named Sony CEO as Entertainment Push Bolsters Growth

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.

Starbucks CEO Battles Mobile Orders to Restore Coffeehouse Feel

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.

LVMH eyes US production boost as Arnault hails 'wind of optimism'

Luxury conglomerate LVMH, led by Bernard Arnault, is considering expanding production in the US due to favorable tax conditions and a positive business climate.

Clorox CFO Kevin Jacobsen to Step Down

Clorox's CFO Kevin Jacobsen to step down, succeeded by Luc Bellet amid digital transformation focus.

Tech Recovery Drives Wall Street Higher

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.

The Best Ways to Improve Your Sleep

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Microsoft Earnings Preview: AI Impact, Cloud Growth, and Tech Competition

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.