Tag: startup

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Clean Energy Leaders Emphasize Wealth-Building Message in Era of Nationalism and Tycoon Leaders

Clean energy advocates shift messaging to emphasize wealth-building potential in a bid to bolster support amid challenges posed by the Trump administration's rollbacks.

Ubiquiti Reports $136.8 Million Profit in Q2

Ubiquiti Inc. reported $136.8 million in profit for its fiscal second quarter, with earnings per share of $2.26. Adjusted for stock option expense, earnings were $2.28 per share. The company posted revenue of $599.9 million during the period.

Cloudflare Q4 Earnings Top Wall Street Estimates

Cloudflare reports Q4 loss of $12.8 million, topping Wall Street expectations. Revenue of $459.9 million also beats estimates.

Lyft Stock Jumps 4.84% on Amazon, Anthropic Partnership

Lyft stock jumps 4.84% after announcing a partnership with Amazon and Anthropic to develop AI tools for customer care, reducing resolution times. The news suggests improved operations, but the market remains cautious.

Bank of England Cuts Rates Again as Economy Falters

The Bank of England has signaled that more interest rate cuts are on the way, putting the UK economy on course to avoid falling into recession, experts say.

Bank of England growth cut a blow to Chancellor

The Bank of England has cut its 2025 growth forecast in half and warned that the government's tax raid risks driving unemployment higher than expected. The Bank believes the economy will barely avoid recession, and inflation is expected to rise to 3.7pc by the end of this year.

Impinj Q4 Loss Narrower Than Expected

Impinj Inc. (PI) reports a Q4 loss of $2.7 million, or 9 cents per share, but earnings of 48 cents per share excluding one-time items, beating analyst estimates of 47 cents per share. Revenue missed expectations at $91.6 million versus the $92.8 million estimate.

Why Griffon (GFF) Stock is Up 10.7% Today

Griffon Corp (GFF) shares jumped 10.7% after the consumer and professional products manufacturer reported Q4 results that beat EPS and EBITDA estimates but slightly missed on revenue.

China Files WTO Dispute Over U.S. Tariffs on Chinese Goods

China has launched a dispute at the WTO over tariffs imposed by US President Donald Trump on Chinese goods. China says the measures are inconsistent with US obligations under the WTO agreement and reserves the right to take further action.

Apple Probed by China for Antitrust Violations After Dipping in the Chinese Market

Apple shares fell after a report that China is considering an antitrust probe into its App Store policies. The company has been facing regulatory scrutiny in the US and EU as well.