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Netflix Stock Rallies to New All-Time High After Blowout Q4 Results

Netflix stock soared after reporting strong Q4 earnings, adding a whopping 18.9 million users and beating revenue and earnings estimates. The streaming giant also announced a $15 billion stock buyback and increased its revenue outlook for 2025. Analysts praised the results and raised their price targets, with Pivotal Research setting the highest target of $1,250 per share.

SoftBank to Invest $500 Billion in US Data Centers

SoftBank Group Corp. teams up with AI heavyweights for a $500 billion project to build data centers and infrastructure in the US for ChatGPT creator.

Meta COO Sandberg Sanctioned for Deleting Emails in Cambridge Analytica Case

Meta fined for deletion of emails in Cambridge Analytica scandal

Big Tech's Trump Charm Offensive

Tech giants mend fences with President Trump at his inauguration, signaling a thawing of relations after a contentious first term.

Agilysys Reports Q3 Earnings, Misses Revenue Estimates

Agilysys Inc. (AGYS) reported fiscal third-quarter earnings of $3.8 million. Adjusted earnings were 38 cents per share, while revenue reached $69.6 million, missing analyst estimates. Despite falling 4% this year, shares have soared 60% in the past 12 months.

FSB Corp. Q4 earnings miss Wall Street expectations

FS Bancorp Inc. (FSBW) reported fourth-quarter profit of $7.4 million, missing analysts' expectations. Revenue was $51.6 million, also below forecasts. For the year, the company reported profit of $35 million, or $4.36 per share, on revenue of $144.7 million.

Goldman Names Global Leaders to Run Equities, Fixed Income, Banking

Goldman Sachs promotes a slate of star executives to run its biggest Wall Street business lines, including new global leaders for equities, fixed-income, and banking units.

MicroStrategy Buys $1.1 Billion More Bitcoin Ahead of Shareholder Vote

MicroStrategy purchases another $1.1 billion in Bitcoin, now owns 2% of all BTC in circulation. The software company has been buying Bitcoin since August 2020 and plans to raise $42 billion in capital to continue purchases. Shareholders will vote Tuesday on increasing the number of authorized shares to fund additional Bitcoin purchases.

Airbus CEO says firm ended 2022 stronger than feared

Airbus CEO says 2022 ended better than feared, despite challenging environment and increased risks.

Netflix Earnings Preview: Analysts Expect Strong Results Despite Price Hike Concerns

Analysts predict strong Q4 results from Netflix (NFLX) with revenue of $10.11 billion, earnings of $4.18 per share, and net subscriber additions of 9.18 million, driven by successful content, sports programming, and the ad tier's growth.