Posts with tag: technology
Exxon Mobil and SLB seek lithium investment opportunities in Chile, world's second-biggest lithium producer. The companies, under pressure to reduce carbon emissions, see parallels between conventional oil and gas drilling methods and lithium extraction from brine.
Published on: February 20, 2025, 12:01 AM UTC
Icon PLC reports Q4 net income of $260 million, beating expectations with EPS of $3.43. For the year, the company reports an EPS of $9.53 and revenue of $8.28 billion. Icon PLC expects full-year earnings in the range of $13 to $15 per share, with revenue in the range of $8.05 billion to $8.65 billion.
Published on: February 19, 2025, 11:10 PM UTC
Ansys Inc. reported fourth-quarter profit of $282.7 million, or $3.21 per share. Adjusted earnings came to $4.44 per share, beating Wall Street expectations. Revenue was $882.2 million, also topping estimates.
Published on: February 19, 2025, 11:08 PM UTC
Vital Energy, Inc. (VTLE) reported a Q4 loss of $359.4 million, or $9.59 per share. Adjusted EPS was $2.30, above estimates, while revenue of $534.4 million missed expectations.
Published on: February 19, 2025, 11:07 PM UTC
Oceaneering International Inc. reports Q4 net income of $56.1 million, or 55 cents per share, and revenue of $713.5 million. For the year, the company reported profit of $147.5 million, or $1.44 per share, and revenue of $2.66 billion.
Published on: February 19, 2025, 11:07 PM UTC
New Gold Inc. reports fourth-quarter earnings of $55.1 million, topping Wall Street expectations, with revenue of $262.2 million.
Published on: February 19, 2025, 11:05 PM UTC
The S&P 500 hits new record high on strong earnings and Fed minutes; Garmin surges on better-than-expected results, while Celanese plunges on operating losses.
Published on: February 19, 2025, 11:04 PM UTC
Short sellers have lost $73 billion in 2025 as the S&P 500 rallied, leading to short squeezes in stocks like Super Micro Computer, Hims & Hers Health, Oklo, and BigBear.ai.
Published on: February 19, 2025, 11:03 PM UTC
Carvana beats on revenue and profit in Q4, but shares fall after hours as company cites 'significant growth' in 2025.
Published on: February 19, 2025, 11:02 PM UTC
Atlanta Federal Reserve President Raphael Bostic says interest rate cuts are still possible this year as the Fed assesses the economy and new Trump administration policies.
Published on: February 19, 2025, 11:01 PM UTC