Posts with tag: tech
Vishay Precision Group Inc. (VPG) reports Q4 earnings of $768,000, with adjusted earnings per share of 3 cents. Revenue for the quarter was $72.7 million.
Published on: February 12, 2025, 12:05 PM UTC
Tesla's stock has plunged 33% since hitting a record high in December, making it the worst performer among the "Magnificent Seven" tech megacaps. Analysts cite concerns over sales in China and Australia, potential tariffs, and a disconnect between fundamentals and sentiment as reasons for the sell-off.
Published on: February 12, 2025, 12:01 PM UTC
Alphabet CEO Sundar Pichai hails Chinese startup DeepSeek's AI work at World Governments Summit in Dubai.
Published on: February 12, 2025, 12:00 PM UTC
The UK economy may have contracted in Q4, placing it on the brink of recession. Chancellor Rachel Reeves faces pressure to boost growth as GDP is projected to decline by 0.1% amid tax hikes and economic headwinds. The Bank of England estimates a 40% chance of a technical recession, while the Office for Budget Responsibility is set to downgrade growth forecasts.
Published on: February 12, 2025, 08:00 AM UTC
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
Spirit Airlines rejected the latest acquisition offer from Frontier Group.
Published on: February 12, 2025, 04:00 AM UTC
The dollar eased from recent peaks as traders await US inflation data and news on the trade front. The euro, sterling, and Aussie dollar rose, while the Canadian dollar held steady despite tariff concerns.
Published on: February 12, 2025, 02:00 AM UTC
Mirion (NYSE: MIR) reported strong Q4 results, with revenue exceeding analysts' expectations by 3.8% and adjusted EPS beating consensus estimates by 15.1%. The company's full-year performance was also impressive, with EPS growth of 5.3% and revenue growth of 9.5%. However, analysts are forecasting slower growth in the upcoming year, with EPS expected to reach $0.48 and EBITDA guidance slightly below estimates.
Published on: February 11, 2025, 11:05 PM 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
Google I/O 2025: Dates, Location, and What to Expect
Published on: February 11, 2025, 10:10 PM UTC