Posts with tag: technology
Savers are being denied access to the best savings rates as High Street banks fail to implement new rules allowing multiple cash Isas. Lloyds, NatWest, HSBC and Barclays are among the big banks accused of blocking customers from taking advantage of flexible Isa accounts.
Published on: January 30, 2025, 01:05 PM UTC
Altria (NYSE: MO) Q4 CY2024 earnings beat revenue estimates with sales up 1.6% to $5.11 billion and non-GAAP profit of $1.29 per share exceeding consensus by 0.8%. Read our research report for insights on the latest results and guidance.
Published on: January 30, 2025, 01:04 PM UTC
DeepSeek's AI model challenges assumptions about AI development, raising questions about the cost of training cutting-edge models and highlighting the potential risks to tech valuations.
Published on: January 30, 2025, 01:03 PM UTC
Amid chaos after a federal funding freeze, Americans realize the wide-ranging and essential services provided by the government, from healthcare to infrastructure to support for vulnerable populations.
Published on: January 30, 2025, 01:02 PM UTC
Meta's metaverse division known as Reality Labs continues to lose billions, with losses exceeding $60 billion since 2020. Despite CEO Mark Zuckerberg's optimism about the metaverse's future, analysts question its profitability, with some suggesting that Meta's investment in AI may be a wiser choice.
Published on: January 30, 2025, 01:02 PM UTC
US stock futures trade higher Thursday, eyeing a comeback as investors digest earnings and await Apple's results for clues on Big Tech prospects. Tech-heavy Nasdaq 100 futures rise 0.5%, S&P 500 futures gain 0.3%.
Published on: January 30, 2025, 01:01 PM UTC
Malibu Boats (MBUU) Q4 revenue beat estimates but sales dipped 5.1% YoY to $200.3 million. Non-GAAP EPS of $0.31 per share exceeded consensus by 73.6%. Read our full report for analysis and investment insights.
Published on: January 30, 2025, 01:00 PM UTC
Brunswick Corp. (BC) reported a Q4 loss of $82.5 million, or $1.24 per share. Adjusted earnings were 24 cents per share, exceeding estimates. Revenue of $1.15 billion also topped forecasts. For Q1, BC expects EPS of 15-25 cents and revenue of $1-$1.2 billion. Full-year earnings are projected in the range of $3.50 to $5 per share, with revenue between $5.2 billion and $5.6 billion.
Published on: January 30, 2025, 12:05 PM UTC
Tesla projects capital expenditures to surpass $11 billion in 2023 and beyond. In 2022, the automaker spent between $6 billion and $8 billion.
Published on: January 30, 2025, 12:04 PM UTC
Northrop Grumman posted a quarterly profit, as headwinds from its B-21 Raider stealth bomber program eased and rising geopolitical tensions stoked demand for its military equipment.
Published on: January 30, 2025, 12:00 PM UTC