Tag: software development

Vishay Precision (VPG) reports earnings tomorrow. Analysts expect revenue to decline 17.7% YoY to $73.64 million and adjusted earnings of $0.14 per share. Read our full analysis here.

Published on: February 11, 2025, 02:10 PM UTC

Leidos Holdings Inc. (LDOS) reported Q4 net income of $284 million, beating analysts' expectations by $0.14 per share. Revenue of $4.37 billion topped estimates by $250 million.

Published on: February 11, 2025, 12:06 PM UTC

Curbline Properties Corp. (CURB) beats Q4 expectations with funds from operations of $23.8 million ($0.23 per share) vs. analysts' estimate of $0.22, revenue of $34.9 million vs. estimate of $30.3 million. For the year, funds from operations were $83.5 million, revenue was $120.9 million, and full-year funds from operations are expected to be $0.97-1.01 per share.

Published on: February 11, 2025, 12:05 PM UTC

Big Tech companies, including Microsoft, Alphabet, Amazon, and Meta, are expected to spend $325 billion on AI in the coming year. This investment is expected to drive stock market growth in the tech sector, but investors should monitor these companies' investment plans for signs of concern.

Published on: February 11, 2025, 12:01 PM UTC

Elon Musk, who is developing X into a digital payments platform, has expressed support for the dismantling of the CFPB, the agency that oversees such platforms. If the CFPB is eliminated or weakened, it could benefit Musk's company by reducing regulatory scrutiny and oversight. However, critics argue that Musk's involvement in dismantling the CFPB creates a conflict of interest, as his company would benefit financially from the agency's absence.

Published on: February 11, 2025, 11:02 AM UTC

OpenAI CEO Sam Altman says the company is "not for sale" after an unsolicited bid from Elon Musk, who Altman accuses of trying to "slow us down."

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

Semiconductor Manufacturing International Corp, China's largest contract chipmaker, reports a 38.4% drop in Q4 profit due to rising expenses and U.S. export controls.

Published on: February 11, 2025, 10:00 AM UTC

US stock futures dip as investors react to Trump's 25% tariffs on steel and aluminum imports. Tech stocks continue to struggle amid AI spending concerns. Coffee futures surge to a record high on supply concerns and panic-buying. Gold prices hit a new all-time high as safe-haven demand increases.

Published on: February 11, 2025, 08:01 AM UTC

US stock futures inch lower as investors digest President Donald Trump's announcement of 25% tariffs on global steel and aluminum imports. Tech stocks continue to be weighed down by AI spending fears, while coffee futures rise to an all-time high.

Published on: February 11, 2025, 07:01 AM UTC

Donald Trump's early actions as president reveal a mix of significant and trivial initiatives. His focus on tax cuts requires substantial budget savings, leading to cuts in foreign aid, consumer protection, and healthcare. Notably, he plans to eliminate the penny, saving only a small amount.

Published on: February 11, 2025, 06:02 AM UTC