raises
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration raised concerns about Tesla (NASDAQ:) social media posts that suggested its Full Self-Driving software can be used as a robotaxi and does not need driver attention. NHTSA in October opened an investigation into 2.4 million Tesla vehicles with FSD…
Four states — Alaska, California, Massachusetts, and Missouri — are voting on some form of minimum wage hike.In Missouri, voters opted to raise the minimum wage.Workers in other states are still waiting to see how their pay might change. Pay is on the ballot, and some workers are set to…
Electronic Arts Inc . (NASDAQ:) announced a robust second-quarter fiscal year 2025 performance on October 29, 2024, with CEO Andrew Wilson and CFO Stuart Canfield reporting a record $2.08 billion in net bookings, marking a 14% increase from the previous year. The success was primarily attributed to the company’s sports…
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper its ability to meet strong demand for AI chips, while the PC market grows more slowly than some investors expected. Shares of the Santa Clara,…
Thermo Fisher Scientific Inc. (NYSE:), a leader in serving science, reported a robust financial performance in its 2024 third-quarter earnings call on [date]. The company announced a revenue of $10.6 billion and an adjusted operating income of $2.36 billion, leading to an adjusted earnings per share (EPS) of $5.28. Thermo…
SAP SE (ETR:) (SAP) has reported strong financial results for the third quarter of 2024, with notable increases in cloud revenue and operating profit. The company’s current cloud backlog surged by 29% to EUR 15.4 billion, while cloud revenue rose by 27% to EUR 4.4 billion. SAP’s Cloud ERP Suite…
By Byron Kaye and Cordelia Hsu SYDNEY (Reuters) – For Tereza Hussein, a 14-year-old refugee who lives in Darwin, Australia’s planned social media ban would mean losing a direct line to the most important person to her: a grandmother she has never physically met. “It’s the only way I’ve ever…
Bank7 Corp (NASDAQ: NASDAQ:) reported record earnings and EPS for both the third quarter and year-to-date, according to President and CEO Tom Travis during the company’s recent earnings call. The bank’s strong performance was attributed to robust capital levels and a disciplined approach to managing a matched balance sheet.Key Takeaways…
Investing.com — HSBC on Tuesday lifted its average gold price forecasts, a move driven by a combination of geopolitical risks, expectations of continued monetary easing, and fiscal imbalances. The bank points out that gold prices surged to a record high of $2,865 per ounce in late September, fueled by increased…
Barclays in a note dated Wednesday upgraded Victoria’s Secret & Co. to “equal weight” from “underweight”, reflecting a more balanced view of the stock’s risk and reward profile. The upgrade comes as the company shows signs of stabilizing after years of market share losses, and Barclays analysts believe the worst…
