Tag: tech trends

Posts with tag: tech trends

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Hims & Hers Stock Jumps on Telehealth Weight-Loss Drug Controversy

Hims & Hers stock surges after Super Bowl ad promoting affordable weight-loss drugs sparks controversy and attracts attention from Congress and the new HHS secretary.

Trinseo Reports Q4 Loss of $117.9M

Trinseo PLC (TSE) reported a Q4 loss of $117.9 million ($3.33 per share). Adjusted for non-recurring costs, the loss was $2.67 per share. Revenue came in at $821.5 million. For the year, the company reported a loss of $348.5 million ($9.86 per share), with revenue of $3.51 billion.

Elliott Takes Stake in BP, Sparking Hopes of Strategic Revival

BP shares surge after Elliott's stake revealed, with investors hoping for change amid disappointing earnings predictions. Murray Auchincloss set to present new company strategy on February 26th.

Fortune Brands (NYSE: FBIN) Reports Earnings Miss in Q4

Fortune Brands (FBIN) missed Q4 estimates with a 4.9% revenue decline and a 20.1% EPS miss. Despite a higher operating margin, EPS declined 15.2% over the past two years. Analysts expect 3.6% revenue growth and 20.6% EPS growth in the coming year.

Novo Nordisk Not Too Concerned About Medicare Price Negotiations

Novo Nordisk CEO is unconcerned about Medicare drug price negotiations due to comparable prices in Europe, previous experience, and the company's focus on a strong pipeline and next-generation drugs.

Timken (TKR) Q4 Earnings Beat Estimates: Is It Time to Buy?

Timken (NYSE:TKR) reported Q4 revenue of $1.07B, beating estimates but declining 1.6% YoY. Non-GAAP EPS of $1.16 was 17.2% above consensus. Adjusted EBITDA of $178.2M also surpassed estimates. Despite a mixed quarter, analysts expect revenue growth of 1.4% and EPS growth of 9.5% over the next 12 months.

Chipotle Beats: Strong Sales Drive Q4 Results Despite Economic Headwinds

Chipotle Tops Q4 Estimates as Same-Store Sales Jump 5.4%, Plans to Open 345 Locations

US Stocks Rise on Apple Earnings, Inflation Data, and Tariff Deadline Approach

US stocks rose on Friday after solid earnings from Apple and as the Federal Reserve's preferred inflation gauge matched expectations. Investors also braced for a looming tariff deadline. The tech-heavy Nasdaq Composite climbed 1.2%, while the S&P 500 and Dow Jones Industrial Average gained moderately, coming off on Thursday's gains.

Truth Social Launches Truth.Fi to Offer Financial Products including ETFs and Cryptocurrencies

Truth Social, a social media platform founded by former US President Donald Trump, is launching Truth.Fi to offer financial products such as ETFs, cryptocurrencies, and customized investment accounts.

Tech Stocks Lower on Wednesday as Economy Remains Muted After Fed Rate Decision

Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%. The tech-heavy Nasdaq Composite (^IXIC) was down about 0.5%, retracing some of a bounce-back rally on Tuesday.