Tag: software development

Posts with tag: software development

Latest Posts

Emcore Q1 Loss Widens

Emcore Corp. reports a Q1 loss of $5.5 million, or 61 cents per share. Adjusted earnings were 5 cents per share on revenue of $19.3 million.

Education nominee McMahon vows to continue student loan forgiveness program

Despite pressure from the Trump administration, incoming Secretary of Education Linda McMahon commits to preserving the Public Service Loan Forgiveness program.

Institutional Investors Return to Nvidia as Retail Investors Dump

Nvidia recovers as smart money nibbles, Palantir attracts retail investors despite insider selling

Elon Musk Pulls $97.4 Billion Bid for OpenAI Amid Feud with Sam Altman

Elon Musk threatens to withdraw his $97.4 billion bid for OpenAI if the non-profit transforms into a for-profit enterprise. Altman, CEO of OpenAI, breached his responsibility by turning down the bid from a Musk-led investor group. The case revolves around Musk's initial $45 million donation, contingent on OpenAI remaining a non-profit.

Gold Pierces Record in Sight as Dollar Sinks on Ukraine Optimism

Gold climbs towards another record as the dollar falls, with traders assessing America's push to end the Ukraine war and President Donald Trump's moves on trade.

UK Per Capita GDP Falls Despite Economic Growth

UK's per capita GDP falls for second quarter, prompting concerns about productivity and economic performance under Chancellor Rachel Reeves' policies.

Crocs Q4 Earnings Top Estimates, Revenue Surpasses Forecasts

Crocs Inc. (CROX) reports fourth-quarter earnings of $368.9 million, exceeding Wall Street expectations. Earnings per share were $6.36, adjusted to $2.52. Revenue reached $989.8 million, also topping forecasts.

CVS Gains 15% After Conservative Outlook, PBM Defense

CVS stock surges 15% on conservative 2025 outlook, earnings beat; CEO defends PBM unit

PBF Energy Reports Third Consecutive Quarterly Loss on Margin Decline

PBF Energy reports a third straight quarterly loss as refining margins decline. The refiner's Q4 loss of $289.3 million is attributed to lower margins and reduced throughput.

NIH Cuts: Legal Challenges, Market Impacts, and Research Tremors

Trump administration cuts to NIH "indirect costs" funding cause concern in the drug research world, with potential trickle-down effects on mass layoffs, project cancellations, and reductions in biomedical research. The move, aimed at saving the government $4 billion, has sparked a lawsuit by 22 states and a temporary halt by a federal judge.