Tag: software

Japan's Eneos aims to raise at least $2.61 billion in the nation's biggest IPO in seven years by listing its metals unit JX Advanced Metals (JXAM) on the Tokyo Stock Exchange.

Published on: February 12, 2025, 06:02 AM UTC

January's Consumer Price Index (CPI) report is expected to show headline inflation at 2.9%, matching December's annual gain and a slight deceleration in monthly increases. Core inflation, excluding food and gas, is seen at 3.1%, the lowest since April 2021, but core services are forecast to tick higher. The report will be closely watched for any impact from Donald Trump's presidency and his protectionist trade policies on inflation expectations.

Published on: February 12, 2025, 06:01 AM UTC

President Trump is nominating Brian Quintenz, the head of policy at Andreessen Horowitz's a16z crypto arm, to lead the Commodity Futures Trading Commission. Quintenz served as a Republican commissioner at the CFTC during the first Trump administration before joining the venture capital firm.

Published on: February 12, 2025, 03:01 AM UTC

Allison Transmission (NYSE: ALSN) reports better-than-expected Q4 revenue of $796 million, a 2.7% year-over-year increase, but its full-year revenue guidance misses analysts' estimates by 3.7%. Find out more about its financial performance and outlook in our detailed research report.

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

Freshworks predicts higher-than-expected revenue and profit in 2025, driven by demand for AI-powered software for digital operations management.

Published on: February 11, 2025, 10:09 PM UTC

Highwoods Properties Inc. (HIW) reported Q4 FFO of $0.85 per share, matching expectations, with revenue of $205.5 million exceeding estimates. For the year, FFO was $3.91 per share, with revenue of $825.9 million. HIW expects 2023 FFO in the range of $3.26 to $3.44 per share.

Published on: February 11, 2025, 10:05 PM UTC

Wells Fargo has five remaining consent orders to resolve, but recent terminations of regulatory punishments suggest progress. CFO Mike Santomassimo is confident in resolving the orders and working with urgency. The asset cap imposed by the Fed in 2018 could be removed in 2025 if issues are addressed.

Published on: February 11, 2025, 07:03 PM UTC

Shopify's Q4 results exceeded expectations but its outlook underwhelmed. Q4 revenue rose 31.2% to $2.81B, beating estimates. However, its current-quarter revenue growth forecast of mid-twenties percentage was in line with consensus, suggesting investors may have expected more.

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

Super Micro Computer stock plunged 7% Tuesday, ending a five-day rally. Despite an upswing ahead of its Feb. 11 business update, shares remain well below their March 2022 peak amid ongoing challenges.

Published on: February 11, 2025, 05:02 PM UTC

Fastly (FSLY) reports Q4 earnings tomorrow; analysts expect flat revenue of $138.3 million. Read our full analysis on Fastly's earnings expectations.

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