Posts with tag: tech trends
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.
Published on: February 13, 2025, 09:01 PM UTC
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.
Published on: February 12, 2025, 11:07 PM UTC
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.
Published on: February 10, 2025, 12:05 PM UTC
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.
Published on: February 06, 2025, 11:04 PM UTC
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.
Published on: February 05, 2025, 08:02 PM UTC
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.
Published on: February 05, 2025, 01:04 PM UTC
Chipotle Tops Q4 Estimates as Same-Store Sales Jump 5.4%, Plans to Open 345 Locations
Published on: February 04, 2025, 11:02 PM UTC
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.
Published on: January 31, 2025, 03:04 PM UTC
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.
Published on: January 30, 2025, 02:02 AM UTC
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.
Published on: January 29, 2025, 11:03 PM UTC