Tag: social media

Apple faces challenges and opportunities in China, its key market. Improving sales through AI features could boost investment, while tariffs and geopolitical tensions pose risks. Investors weigh valuation and growth prospects amidst mixed financial results and industry trends. Apple's focus on China and AI could drive future growth, despite near-term concerns.

Published on: February 13, 2025, 12:00 PM UTC

Nearfield Instruments, a Dutch measurement tools provider, plans to list on the stock market by 2028, potentially joining other publicly-listed chip equipment makers in the Netherlands. CEO Hamed Sadeghian said the company has seen growing adoption of its tools, including orders from a US customer. Nearfield, founded in 2016, has raised $148 million to expand its operations.

Published on: February 13, 2025, 11:00 AM UTC

Sony raises operating profit forecast, driven by strong gaming and music businesses.

Published on: February 13, 2025, 07:04 AM UTC

Sen. Elizabeth Warren warns Trump administration that only Congress can shut down CFPB, setting up potential legal clash

Published on: February 13, 2025, 06:02 AM UTC

Cisco Systems Inc. shares climbed after the company gave an upbeat sales forecast, helped by corporate spending on AI technology and networking systems. Revenue in the quarter ending in April will be $13.9 billion to $14.1 billion, above analysts' predictions, and the company raised its fiscal 2025 target to $56 billion.

Published on: February 13, 2025, 12:00 AM UTC

New and used car prices changed in January's CPI report: Used car prices continued to trend higher, with the largest jump since May 2023, while new car prices were flat.

Published on: February 12, 2025, 10:03 PM UTC

CVS Health beats profit expectations despite rising costs in its insurance division. Q4 earnings were $1.30 per share, exceeding analyst estimates of 89 cents per share. However, the profit fell short of the previous year's earnings. CVS foresees full-year adjusted earnings between $5.75 and $6 per share.

Published on: February 12, 2025, 02:05 PM UTC

Healthcare Services Group Inc. (HCSG) reported earnings of $11.9 million in its fourth quarter. The provider of housekeeping, laundry, and dietary services to health care facilities posted revenue of $437.8 million in the period.

Published on: February 12, 2025, 01:07 PM UTC

Anavex Life Sciences (AVXL) reported a $12.1 million loss in Q1, a 14-cent loss per share. AVXL shares have fallen 23% YTD, but have risen 35% in the past year.

Published on: February 12, 2025, 01:06 PM UTC

January's Consumer Price Index (CPI) report, due out Wednesday, is expected to show a slight deceleration in inflation. However, core inflation, which excludes volatile food and energy prices, is expected to remain elevated. Economists expect the Fed to keep interest rates unchanged for now, but the impact of President Trump's trade policies on inflation remains a wild card.

Published on: February 12, 2025, 01:02 PM UTC