Posts with tag: software development
Exxon Mobil profit beats estimates on higher production, offsetting lower prices
Published on: January 31, 2025, 12:04 PM UTC
US stocks gained momentum on Thursday afternoon as investors analyzed earnings from major technology companies and awaited Apple's (AAPL) results for more insights into the future of the tech industry. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) advanced by nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) climbed by 0.3%.
Published on: January 31, 2025, 12:02 PM UTC
Morning Brief Takeaway: Power providers saw impressive stock climbs in the past year, mirroring the rise of AI data centers. However, recent concerns about generative AI's efficiency have raised questions about the industry's growth trajectory.
Published on: January 31, 2025, 12:01 PM UTC
Tesla promises to launch fully autonomous robotaxis in Austin this summer, but investors question the feasibility of this ambitious goal. Despite previous claims and delays, CEO Elon Musk insists on achieving full self-driving capability within the next few months.
Published on: January 31, 2025, 12:01 PM UTC
Oil giant Chevron's Q4 falls short of estimates due to weak refining margins, despite higher overall earnings.
Published on: January 31, 2025, 11:01 AM UTC
US interest rates buck global trend as Fed holds steady amid strong economy and policy uncertainty, leaving Europe and Canada with lower rates and raising concerns over dollar strength and trade goals.
Published on: January 31, 2025, 10:01 AM UTC
Apple's latest financial report shows a mixed performance, with revenue growth in some segments offset by declines in others. The company gave a reassuring revenue forecast for the current quarter, boosting its stock price in premarket trading.
Published on: January 31, 2025, 10:00 AM UTC
Apple's Q1 2025 earnings witness mixed results, featuring both rising overall revenue and decreased iPhone sales, primarily influenced by a decline in China.
Published on: January 31, 2025, 03:01 AM UTC
U.S. Steel reports a loss for Q4, with revenue in line with estimates. The company faces a bumpy demand environment and is trying to complete a deal with Nippon Steel and avoid a hostile takeover bid.
Published on: January 30, 2025, 11:03 PM UTC
Cigna (CI) posted better-than-expected revenue of $65.65 billion in Q4 CY2024, a 28.4% year-over-year increase. However, the non-GAAP EPS of $6.64 missed analysts' estimates by 15.1%. Analysts project full-year revenue of $252 billion, in line with Cigna's guidance. Explore our full research report for more insights and guidance on investing in CI.
Published on: January 30, 2025, 10:10 PM UTC