Earnings
Investing.com — Shares of Gjensidige Forsikring surged 8.6% following the release of its fourth-quarter financial results, which exceeded market expectations. The Norwegian insurer reported a profit of NOK 1,203 million, a substantial 25% above the consensus, largely due to a robust performance in its insurance services. Barclays (LON:) analysts commented…
Investing.com — Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company’s shares fell around 1% in premarket trading Tuesday. Jefferies’ price target on Apple Inc (NASDAQ:)…
Earnings season continues, and we’re here to highlight the companies expected to report earnings on the next trading day to help you prepare for the market action. Leading the charge are Netflix (NASDAQ:), Capital One (NYSE:), and Seagate Technology, along with several other notable firms across various sectors. Earnings Before…
Investing.com– U.S. stock index futures rose slightly on Wednesday evening after mildly softer consumer inflation data and a slew of strong bank earnings sparked strong gains on Wall Street. Investors also welcomed a U.S.-brokered ceasefire deal between Israel and Hamas, which heralds less geopolitical tensions in the Middle East. But…
Investing.com — US stocks jumped Wednesday as a key measure of inflation unexpectedly cooled in December, easing concerns that a pick up in price pressures could force the Fed into a prolonged pause on further rate cuts. At 12:54 p.m. ET (17:54 GMT), the gained 639 points, or 1.5%, the …
Wednesday’s BlackRock earnings call was CEO Larry Fink’s 100th.The firm went public in 1999 when it was still known primarily as a fixed-income manager.Despite being the world’s largest asset manager, the $11.6 trillion firm is looking to grow through its private market strategies.At least one thing remains the same from…
Investing.com– U.S. stock index futures rose slightly on Tuesday evening as caution grew ahead of key consumer inflation data that is likely to factor into the Federal Reserve’s outlook on interest rates. Futures were muted after a choppy session on Wall Street, as softer than expected producer inflation data provided…
Investing.com– U.S. stock index futures steadied on Sunday evening after Wall Street tumbled on hotter-than-expected payrolls data, with focus turning to several major bank earnings, and key inflation data due this week. Investors were now looking to the fourth-quarter earnings season, which is set to begin in earnest this week…
By Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics (KS:), the world’s top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia (NASDAQ:)’s strong demand for AI chips. Samsung, also the world’s largest…
Pfizer Inc. (NYSE:) announced on Tuesday that it anticipates its profits for the year 2025 to align closely with current Wall Street projections. This announcement comes as the pharmaceutical giant addresses criticism from activist hedge fund Starboard Value regarding its strategy for recovery. In response to the forecast, Pfizer’s stock…
