Posts with tag: social media
Halozyme Therapeutics Inc. (HALO) reported fourth-quarter profit of $137 million, or $1.06 per share. Adjusted earnings were $1.26 per share, exceeding Wall Street expectations of $1.16 per share. Revenue was $298 million, also surpassing forecasts of $284 million. For the year, the company reported profit of $444.1 million, or $3.43 per share, on revenue of $1.02 billion. Halozyme expects full-year earnings in the range of $4.95 to $5.35 per share, with revenue in the range of $1.15 billion to $1.23 billion.
Published on: February 18, 2025, 10:10 PM UTC
Meta's stock fell over 3.8% on Tuesday, with the company's 20-session winning streak on Wall Street at risk. Despite this, Meta's stock is up 17% over the last month and 22% year to date.
Published on: February 18, 2025, 09:01 PM UTC
Facebook now only stores live videos for 30 days and will delete old broadcasts. Users have 90 days to download or transfer their old videos, or convert them into reels.
Published on: February 18, 2025, 06:04 PM UTC
European Central Bank extends work-from-home policy, allowing staff to work remotely for about 50% of their time.
Published on: February 18, 2025, 05:00 PM UTC
Trump's tariffs prompt companies to rethink capital spending plans, Goldman Sachs analysis finds. Concerns about tariffs and uncertainty over future trade policy are leading some companies to scale back their capital expenditure plans, according to Goldman Sachs.
Published on: February 18, 2025, 02:04 PM UTC
Brazil taps international credit markets for the first time in over six months, offering new debt with a yield around 7.05% to repay outstanding public debt.
Published on: February 18, 2025, 02:04 PM UTC
Inflation's resurgence complicates Trump's promise to curb it, adding pressure on markets and raising concerns about a Fed rate hike.
Published on: February 18, 2025, 02:03 PM UTC
Goldman Sachs' analysis shows S&P 1500 companies increased 2025 capital expenditure expectations by 5% sequentially, but only 2% for companies exposed to tariffs.
Published on: February 18, 2025, 02:01 PM UTC
The US dollar's surge in the past six months has impacted corporate earnings, with companies like Apple, Amazon, and McDonald's reporting headwinds due to unfavorable foreign-exchange conversions. Analysts predict the dollar's strength will continue, driven by Trump's policies and Federal Reserve recalibration.
Published on: February 18, 2025, 01:04 PM UTC
Nigeria's inflation falls from 34.8% to 24.5% in January, as revised data clouds interest-rate outlook for the central bank's MPC meeting in February.
Published on: February 18, 2025, 01:00 PM UTC