Posts with tag: wellness
Intel has received €515.55 million in default interest from EU antitrust regulators related to a €1.06 billion fine levied in 2009.
Published on: January 31, 2025, 06:04 PM UTC
Federal funding freeze disrupts vital services with funding for healthcare, childcare, and food assistance uncertain as federal agencies review 2,623 programs.
Published on: January 30, 2025, 12:02 PM UTC
Tesla shares rose 4% after the company pledged a return to growth in 2025. Q4 revenue was $25.7B, below estimates, and full-year revenue rose just 1%. Adjusted EPS was $0.73, also below estimates. Tesla expects its auto business to return to growth in 2025 after revenue fell 8% in Q4 and 6% in 2024.
Published on: January 30, 2025, 02:01 AM UTC
Lam Research surpasses Wall Street expectations during the fiscal second quarter, posting revenue of $4.38 billion and adjusted EPS of 91 cents per share.
Published on: January 29, 2025, 10:10 PM UTC
United Rentals (URI) tops Q4 revenue estimates with $4.10 billion in sales, exceeding analyst expectations by 9.8%. The equipment rental company's adjusted EPS of $11.59 aligns with consensus estimates, while EBITDA of $1.9 billion narrowly beats forecasts. Despite strong revenue growth, United Rentals faces challenges as its operating margin declined to 26.5% and its full-year EBITDA guidance slightly misses expectations. Read our full research report to determine if URI is a compelling investment opportunity.
Published on: January 29, 2025, 10:01 PM UTC
DeepSeek, a Chinese AI company, faces scrutiny from Italy's data protection watchdog over its handling of user data, including data of Irish citizens. Euroconsumers has filed a complaint, citing concerns about GDPR compliance. The Italian and Irish data protection authorities have sent letters requesting information on data processing practices and legal basis. DeepSeek's mobile app has been removed from app stores in Italy, but its website remains accessible.
Published on: January 29, 2025, 09:03 PM UTC
F5 Networks Inc. (FFIV) reported Q1 net income of $166.4 million, beating estimates, with EPS of $2.82, adjusted EPS of $3.84, and revenue of $766.5 million.
Published on: January 28, 2025, 10:10 PM UTC
Investors fear a cheaper AI model from China could hurt earnings for US tech giants, such as Nvidia and Broadcom, and challenge the dominance of US hyperscalers in AI. This has sparked a sell-off in the S&P 500 and Nasdaq Composite, indicating a potential shift in market leadership away from Big Tech towards broader stock market returns in the future.
Published on: January 28, 2025, 10:03 PM UTC
Boeing reports a $3.8 billion quarterly loss amid production issues and a strike.
Published on: January 28, 2025, 01:07 PM UTC
The Nasdaq sank on Monday as a Chinese startup's AI model raised concerns about US dominance and profitability in the sector. The tech sector rout led by Nvidia's record-breaking $589 billion market value loss dragged down broader markets, but the Dow Jones Industrial Average gained as investors sought defensive assets. DeepSeek's claims about its AI model's efficiency sparked questions about the future of AI demand-driven growth, while Big Tech earnings and the Federal Reserve's policy meeting are in focus this week.
Published on: January 28, 2025, 03:02 AM UTC