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Edison Sued by Shareholders Over Wildfire Risk Disclosures

Shareholders sue Edison International, parent company of Southern California Edison, alleging fraud over deadly wildfire

Upstart Q4 2024 Earnings: Strong Results, Positive Guidance

Upstart (UPST) reported impressive Q4 results, beating revenue and earnings expectations and providing strong guidance. Revenue grew 56.1% YoY to $219 million, EPS was $0.26 vs. -$0.04 expected, and revenue guidance for FY2025 is $1 billion, 21.5% above estimates. The company's AI-powered lending platform continues to see strong demand, and analysts expect 30.1% revenue growth over the next 12 months.

Fed Chair Powell Assures Treasury Payments System Safety, Comments on Musk Situations

Fed Chair Powell Assures Treasury Payments Safe, Responds to Musk Access Concerns

Onestream's Q4 Loss Smaller than Expected, Revenue Beats Forecasts

Onestream Inc. (OS) reported a better-than-expected Q4 loss and revenue, beating analysts' estimates. The AI developer expects Q1 revenue of $130-$132 million and FY earnings of 1-9 cents per share.

Gladstone Capital Q1 Earnings Miss Estimates

Gladstone Capital Corp. (GLAD) reports Q1 earnings of $27.1 million, missing Wall Street expectations. Adjusted EPS was 50 cents per share on revenue of $22 million.

Eversource Energy posts strong profits in Q4

Eversource Energy reports Q4 net income of $72.5 million, beating Wall Street expectations. EPS was $1.01, revenue was $2.97 billion. For the year, profit was $811.7 million, revenue was $11.9 billion.

Tariffs Take Aim at Canada as Trade War's Impact Unfolds

The latest round of tariffs imposed by President Trump is set to have a big impact on Canada, a major exporter of steel and aluminum to the US. The tariffs are expected to benefit US steel producers, but they will also raise costs for consumers and businesses. The trade war is also having an impact on influencer marketing, as some fashion brands are pausing campaigns due to uncertainty over the tariffs.

Ratcliffe's United cull reaches 350 as long-term finances judged 'challenging'

Sir Jim Ratcliffe is set to make another 100 members of staff redundant at Manchester United, taking his total cull to 350 since assuming control at Old Trafford. United have lost £300 million in the past three years and a looming new round of job cuts is said to have left the rank and file feeling they are paying the price for mistakes at executive level.

Tesla (TSLA) Stock Falls Today: Here's Why

Elon Musk's Twitter bid, supply chain challenges, and China competition weigh on Tesla stock, leading to a 5.2% drop. Experts analyze the impact of BYD's DiPilot system and speculate on Tesla's long-term prospects.

Bank of America Expects Record Net Interest Income in 2025

Bank of America forecasts record net interest income by 2025 due to growth in consumer banking.