Tag: software development

Posts with tag: software development

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Asian Stocks Set to Rise as US Yields Fall

Asian stocks are set to rise amid Wall Street gains; US yields and dollar fall after mixed data and disappointing tech earnings. Key events this week include Eurozone retail sales, UK rate decision, US initial jobless claims, and US nonfarm payrolls.

Accuray Reports Q2 Profit After Year-Ago Loss

Accuray Inc. (ARAY) reported fiscal Q2 net income of $2.5 million, or 2 cents per share, compared to a loss in the year-earlier period. Revenue was $116.2 million, and the company expects full-year revenue in the range of $463-$475 million.

MicroStrategy Q4 Loss Widens

MicroStrategy Inc. (MSTR) reported a loss of $670.8 million in Q4 2022, with a loss per share of $3.20. For the year, the company reported a loss of $1.17 billion, or $6.06 per share. Revenue for the full year was reported as $463.5 million.

LME floor trader Sigma Broking explores sale, three years after joining

Sigma Broking, one of eight members of the London Metal Exchange, is in talks to sell its business three years after joining the LME.

Whole Foods Disputes Election Results, Accusing Union of Interference

Whole Foods disputes the results of a union election, alleging interference and intimidation by the union. The company also accuses the NLRB of tainting the process by restricting captive audience meetings.

Signs of Market Strength Overcoming Tariff Concerns

Despite tariff concerns, the stock market shows resilience with gains in the S&P 500, declining volatility, and positive earnings growth projections.

Google Parent Alphabet's Revenue Falls Short, Cloud Growth Slows

Alphabet's Q4 revenue falls short of estimates as cloud growth slows, sending shares down. Read for details on earnings, cloud performance, AI competition, and investment plans.

Performance Food Group Q2 Earnings Miss, Revenue Tops Estimates

Performance Food Group Co. (PFGC) reported fiscal Q2 earnings of $42.4 million, or 27 cents per share, missing estimates of $1.03 per share. Revenue was $15.64 billion, topping expectations of $15.52 billion.

Honda-Nissan Merger in Jeopardy as Honda Proposes New Structure

Honda Motor's stock surges 6% in premarket trading amid reports that a merger with Nissan is in jeopardy. According to the Financial Times, Honda proposed a new structure that would make Nissan a wholly-owned subsidiary, departing from the original "merger of equals" plan.

Slower Cloud Growth Hits Alphabet Revenue, Shares Sink

Alphabet's revenue falls short of expectations due to slow cloud growth, despite planned capital expenditures of $75 billion in 2025. Competition in AI intensifies as Chinese startup DeepSeek raises concerns about Google's advantages.