Tag: software

Iran's Supreme Leader rules out new nuclear talks with US after President Trump suggests new deal.

Published on: February 07, 2025, 09:00 AM UTC

European and U.S. stock futures edged lower in muted trade as investors await U.S. jobs data that could influence interest rate expectations. Asian stocks gained, led by mainland China, while the Hang Seng Tech Index neared a technical bull market.

Published on: February 07, 2025, 07:00 AM UTC

Trump's trade war blurs lines between Hong Kong and Beijing, threatening the city's status as a global financial hub. Economists minimize the direct economic impact of tariffs on Hong Kong-made goods, but companies face heightened geopolitical risks. The US refusal to distinguish between Hong Kong and mainland China undermines its unique identity and role as an international connector.

Published on: February 07, 2025, 07:00 AM UTC

Microchip Technology (MCHP) missed Q4 revenue and EPS estimates, with weak revenue guidance for Q1. Inventory days rose to 266, indicating weak demand. Revenue declined 41.9% YoY to $1.03B, and analysts expect flat growth over the next 12 months. Explore our full research report to assess Microchip Technology's investment potential.

Published on: February 06, 2025, 11:07 PM UTC

Mohawk Industries (MHK) beats Q4 earnings and revenue estimates. Earnings per share: $1.95 adj. Revenue: $2.64B. Zacks Consensus: EPS: $1.88, Revenue: $2.57B.

Published on: February 06, 2025, 10:09 PM UTC

Pros Holdings Inc. reported a Q4 loss of $2 million. Adjusted earnings came to 16 cents per share, beating estimates of 13 cents. Revenue of $85 million also exceeded forecasts of $84.8 million. For the year, the company reported a loss of $20.5 million on revenue of $330.4 million.

Published on: February 06, 2025, 10:07 PM UTC

Arm Holdings issues cautious revenue forecast amid concerns over slowing AI spending, with revenue expected to be $1.18 billion to $1.28 billion in the fiscal fourth quarter.

Published on: February 06, 2025, 04:04 PM UTC

Treasury Secretary Scott Bessent clarifies that the Trump administration is not pressuring the Federal Reserve to lower short-term interest rates, but rather seeking to reduce longer-term borrowing costs via 10-year Treasury yields. Bessent emphasizes the administration's focus on economic growth, inflation, and supply when assessing 10-year government bond yields.

Published on: February 06, 2025, 04:01 PM UTC

Peloton shares surged after the exercise equipment company reported better-than-expected revenue and adjusted earnings. Its forecast for adjusted EBITDA for the third quarter and full year also topped estimates.

Published on: February 06, 2025, 04:01 PM UTC

MDU Resources Group Inc. (MDU) reported fourth quarter earnings of $55.2 million, or 27 cents per share. For the year, the company reported profit of $281.1 million, or $1.37 per share. Revenue was reported as $1.76 billion.

Published on: February 06, 2025, 02:05 PM UTC