Tag: software

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US Weekly Jobless Claims Fall to 207,000, Indicating Strong Labor Market

Weekly jobless claims fell to 207,000 in a sign the US labor market remains strong, according to the Labor Department.

Federal Funding Freeze Highlights the Government's Extensive Role in American Lives

Amid chaos after a federal funding freeze, Americans realize the wide-ranging and essential services provided by the government, from healthcare to infrastructure to support for vulnerable populations.

US Stock Futures Rise, Apple Earnings Eyed

US stock futures trade higher Thursday, eyeing a comeback as investors digest earnings and await Apple's results for clues on Big Tech prospects. Tech-heavy Nasdaq 100 futures rise 0.5%, S&P 500 futures gain 0.3%.

Lazard profit rises in Q4 on higher advisory revenue

Investment bank Lazard reported a rise in fourth-quarter profit, driven by a strong advisory business. Net income rose to $85 million, or 78 cents per share, compared to $65 million, or 66 cents per share, in the year-ago period.

Teradyne Forecasts Revenue Below Estimates Amid Softening Demand

Teradyne, a semiconductor-testing equipment manufacturer, forecasts Q1 revenue below estimates amid softened demand. Shares fell 2% after-hours.

Meta Reports Disappointing Q4 Earnings, Cautions on Revenue Growth

Meta (META) stock initially fell after Q4 earnings that missed on revenue growth and higher 2025 expense forecast.

Tech Stocks Lead Markets Lower Ahead of Fed Decision

Stay tuned for the latest updates on the Federal Reserve's interest rate decision and its impact on the stock market. Tech stocks led the market lower on Wednesday as investors digested the Fed's decision and awaited quarterly results from Big Tech companies.

Haleon Invests $54 Million in R&D Center to Boost Innovation Pipeline

Haleon to invest $54 million in Richmond R&D centre, boosting innovation pipeline

Starbucks Strives for Comeback: Earnings Beat Expectations, but Challenges Remain

Starbucks' Q1 2025: Earnings beat estimates but negative same-store sales trends continue. Revenue flat, EPS down, but customer response positive to "Back to Starbucks" plan focused on core products, pricing, and service.

Potential Buyers for TikTok's US Operations

President Trump is considering a bidding war for the US operations of TikTok, with potential buyers including Microsoft, Oracle, Elon Musk, and Perplexity AI. The Chinese government will have a say in the outcome, and antitrust experts predict that Musk could clear US legal hurdles.