Tag: technology

Posts with tag: technology

Latest Posts

High Street Banks Accused of Blocking Savers From Top Savings Rates

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.

Altria Beats Q4 Sales Targets: Buy Now?

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.

DeepSeek's Arrival Shakes Up AI Investment Landscape

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.

Federal Funding Freeze Highlights the Government's Extensive Role in American Lives

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.

Metaverse Investment: Loss or Profit?

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.

US Stock Futures Rise, Apple Earnings Eyed

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%.

Malibu Boats Q4 Earnings Beat Estimates: Sales Decline But Profits Soar

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.

Brunswick Q4 Loss Narrower Than Expected

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.

Tesla Expects Capital Expenditure to Exceed $11 Billion for Three Years

Tesla projects capital expenditures to surpass $11 billion in 2023 and beyond. In 2022, the automaker spent between $6 billion and $8 billion.

Northrop Grumman Posts Quarterly Profit as Demand for Military Equipment Rises

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.