Tag: social media

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Atlantic Shores Reaffirms NJ Offshore Wind Commitment Despite Shell Write-Off

Despite Shell's write-off, Atlantic Shores remains committed to delivering New Jersey's first offshore wind project, affirming its compliance with existing obligations.

Intel Q4 Revenue Beats, But Guidance Misses; Time to Buy?

Intel (INTC) beats Q4 revenue estimates but disappoints with weak guidance. EPS of $0.13 tops expectations by 8.7%. Revenue declines by 7.4% YoY to $14.26B, while Q1 guidance falls below analyst estimates. Despite positive takeaways, disappointing guidance dampens sentiment.

Eastman Chemical beats Q4 estimates, misses on revenue

Eastman Chemical Co. (EMN) reported Q4 earnings of $2.82 per share, surpassing estimates of $1.58. Revenue of $2.25 billion missed forecasts of $2.26 billion.

Stablecoins Fuel Cross-Border Payments Revolution, Driving Fintech Investment Surge

Stablecoins Power Cross-Border Payments: Cedar Money Raises $9.9M to Tackle Inefficiencies

UPS Cuts Amazon Deliveries, Shares Fall on Shift to Profitability

UPS Cuts Amazon Deliveries Targeting Long-Term Profitability, Stock Falls

IBM Soars as AI Strength Drives Earnings Beat and Breakaway Gap

IBM shares surged after reporting strong Q4 earnings, boosted by its AI business. Technical analysis suggests a breakout above the ascending triangle, with potential upside targets of $278 and $305. Investors should monitor support at $238 for buying opportunities.

Starbucks' Pricing Problem: JPMorgan Says It's 'Too Much'

Starbucks faces a pricing challenge, with competitors offering lower prices for similar coffee drinks. Data from JPMorgan suggests the company needs to lower prices to improve consumer perception and boost sales. Despite recent efforts to enhance the customer experience, Starbucks' same-store sales declined globally in the most recent quarter, and the company has not provided guidance for the current fiscal year. Analysts believe Starbucks' pricing decisions, including reducing promotions and offering non-dairy milk at the same price as dairy milk, could help improve value perception and margins.

Oracle Unveils AI Agents for Manufacturers at CloudWorld Event

Oracle debuts AI agents for manufacturers, part of industry-wide push towards streamlining tasks and leveraging AI investments.

Comcast Shares Drop After Broadband Customers Decline More Than Expected

Comcast shares plunged after the media giant lost more broadband customers than expected, despite posting strong Q4 earnings.

Bitcoin Extends Gains After Powell Remarks on Crypto Regulation

Bitcoin Rises After Fed Meeting, Positive Crypto Comments