Tag: technology

Artificial intelligence (AI) is on the rise, and businesses are looking to utilize it in the coming years. A variety of economic leaders share their perspectives on AI's place in the workforce. Some believe AI will create more jobs, while others believe it will eventually replace many jobs.

Published on: February 10, 2025, 03:02 PM UTC

McDonald's Q4 2024 earnings missed estimates, with revenue down 0.28% and EPS of $2.80 below expectations. Global same-store sales grew 0.4%, driven by international markets, while US sales declined 1.4% due to an E. coli outbreak. The company is implementing a McValue menu and other initiatives to regain foot traffic in 2025.

Published on: February 10, 2025, 03:02 PM UTC

Zillow (ZG) is set to release Q4 earnings after the bell tomorrow. Analysts expect revenue to grow 15.5% YoY to $547.6 million and adjusted earnings of $0.27 per share. Zillow has a history of beating revenue estimates, so it's worth watching how the stock performs after earnings.

Published on: February 10, 2025, 02:06 PM UTC

MicroStrategy amassed $742.2M in Bitcoin over the past week, owning 2.5% of the circulating supply. Despite reporting a $670.8M Q4 loss, the company remains profitable due to accounting changes.

Published on: February 10, 2025, 02:05 PM UTC

Roundhill Magnificent Seven ETF drops 2.4% due to guidance worries and large capital investments. DeepSeek's development prompts a shift towards AI network stocks as compute demand increases. Top CEOs and experts view DeepSeek as a catalyst for AI innovation and adoption, driving demand for high-speed networking solutions.

Published on: February 10, 2025, 02:02 PM UTC

Nvidia stock has underperformed the market this year due to concerns about DeepSeek, Blackwell chip delays, and competition from Amazon and Google. However, analysts remain bullish, citing Nvidia's strong ecosystem and the potential for growth in data center sales and physical AI.

Published on: February 10, 2025, 02:01 PM UTC

Acting CFPB Director Russell Vought has directed all of the agency's workers to desist from performing any work.

Published on: February 10, 2025, 02:00 PM UTC

Rockwell Automation reports Q1 earnings beat, exceeding Wall Street estimates with $184 million net income and $1.83 adjusted EPS. Revenue reaches $1.88 billion, topping forecasts. The company projects full-year earnings between $8.60 to $9.80 per share.

Published on: February 10, 2025, 01:06 PM UTC

PowerFleet reports a Q3 loss of $14.3 million, missing Wall Street estimates of 2 cents per share earnings. Revenue was $106.4 million, exceeding forecasts of $100.6 million. Full-year revenue is projected to reach $362.5 million, while shares have declined 11% YTD but gained 83% over the past year.

Published on: February 10, 2025, 01:06 PM UTC

ON Semiconductor reports Q4 EPS of 88 cents, misses estimates; revenue also falls short

Published on: February 10, 2025, 01:05 PM UTC