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AbbVie Tops Q3 Expectations As Skyrizi, Rinvoq Drive Growth
Wednesday, October 30, 2024 - 10:17am | 500Read More...On Wednesday, AbbVie Inc. (NYSE:ABBV) reported third-quarter adjusted EPS of $3.00, up from $2.95 a year ago, beating the consensus of $2.92. Net revenues reached $14.46 billion, up 3.8%, beating the consensus of $14.28 billion. Sales were up 4.9% on an operational basis....
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ADP Raises The Bar After Q1 Earnings Surprise
Wednesday, October 30, 2024 - 9:52am | 404Read More...ADP reported Q1 2025 revenues of $4.83B, beating estimates. Adjusted EPS of $2.33 also beat estimates. FY25 outlook projects 6%-7% revenue growth and 7%-9% EPS growth. Automatic Data Processing, Inc (NASDAQ:ADP) reported fiscal first-quarter 2025 revenues of $4.83 billion, beating...
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Brinker Surges On Q1 Beat, Chili's Drives Big Gains
Wednesday, October 30, 2024 - 9:25am | 382Read More...Brinker International, Inc (NYSE: EAT) stock traded higher after the company reported fiscal first-quarter 2025 results. Total revenue increased 12.5% year-on-year to $1.14 billion, beating the analyst consensus estimate of $1.10 billion. Adjusted EPS of 95 cents beat the analyst consensus estimate...
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Meta Bulls Await Earnings Surge: Is $620 Next Stop?
Tuesday, October 29, 2024 - 5:01pm | 509Read More...Meta Platforms Inc (NASDAQ:META) will report third-quarter earnings on Wednesday, Oct. 30. Wall Street expects $5.24 in EPS and $40.27 billion in revenues as the company reports after market hours. Meta stock is up 94.9% over the past year, 70.35% year-to-date. Let’s look at what the charts...
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OpenAI Chooses Broadcom For AI Interface Chip Development
Tuesday, October 29, 2024 - 2:59pm | 529Read More...OpenAI has partnered with Broadcom Inc (NASDAQ:AVGO) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to build this in-house chip. The ChatGPT parent added Advanced Micro Devices Inc (NASDAQ:AMD) as a chip supplier to better address artificial intelligence demands. Broadcom, AMD, and Taiwan...
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Salesforce Launches Agentforce, Redefining AI In Business With Autonomous Solutions
Tuesday, October 29, 2024 - 1:46pm | 397Read More...Salesforce, Inc. (NYSE:CRM) shares are trading higher on Tuesday. The company introduced Agentforce, which is a new feature that enables companies to develop AI agents capable of autonomously performing tasks across various business functions. Agentforce uses advanced reasoning to make decisions...
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Boeing Eyes $20.7 Billion Windfall As Stock Offering Expands: Details
Tuesday, October 29, 2024 - 1:10pm | 356Read More...The Boeing Company (NYSE:BA) shares are trading higher on Tuesday. The company priced its public offerings at 112.5 million shares of common stock at $143.00 each and $5 billion in depositary shares. This represents a 1/20th interest in the new 6.00% Series A Mandatory Convertible Preferred Stock...
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AbbVie Chart Reflects Bearish Signals Ahead Of Q3 Earnings
Tuesday, October 29, 2024 - 12:15pm | 618Read More...AbbVie Inc (NYSE:ABBV) will be reporting its third-quarter earnings on Wednesday. Wall Street expects $2.92 in EPS and $14.28 billion in revenues as the company reports before market hours. Ahead of its third-quarter earnings report, AbbVie bolstered its Alzheimer's research efforts with the $1.4...
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Accenture Lands $1.6B US Air Force Deal To Elevate Cloud One: Details
Tuesday, October 29, 2024 - 12:05pm | 557Read More...Accenture plc (NYSE:ACN) shares are trading marginally higher on Tuesday. In a press release, the company announced that Accenture Federal Services has received a Task Order worth up to $1.6 billion to effectively scale and improve the U.S. Air Force’s multi-cloud Cloud One environment....
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Grayscale's Bitcoin, Ethereum Funds See $750M Inflows In 3 Months
Tuesday, October 29, 2024 - 11:51am | 461Read More...Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024. What Happened: The...
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Trump Goes After Taiwan Semiconductor On Joe Rogan Podcast
Tuesday, October 29, 2024 - 11:47am | 588Read More...Republican presidential candidate Donald Trump went after Taiwan Semiconductor Manufacturing Company (NYSE:TSM) for the second time. On the Joe Rogan podcast over the weekend, he accused Taiwan of undermining America's chip industry. He criticized the U.S. CHIPS Act and pledged to impose tariffs on...
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HIVE Pushes Hash Rate Higher, Sharpens Focus On AI
Tuesday, October 29, 2024 - 11:40am | 326Read More...Shares of HIVE Digital Technologies Ltd (NASDAQ:HIVE) have lost around 2% year to date. The company is among the top 10 miners and the market seems to be "under-appreciating the coming hash rate growth inflection," according to Cantor Fitzgerald. Analyst Brett Knoblauch initiated coverage of HIVE...
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ON Semiconductor's Q3 Solid, Analysts Highlight L-Shaped Recovery
Tuesday, October 29, 2024 - 11:17am | 690Read More...Shares of ON Semiconductor Corp (NASDAQ:ON) remained volatile in early trading on Tuesday, even after the company reported upbeat third-quarter revenues. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On ON Semiconductor Analyst Quinn...
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Bitcoin Spot ETF Nets $79M Outflow After 7-Day Inflow Streak
Wednesday, October 23, 2024 - 9:01am | 702Read More...Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the past seven days. What Happened: BlackRock‘s (NASDAQ:IBIT) ETF, showed a gain of $42.9 million on Oct. 22, while ARK Invest‘s (CBOE: ARKB) ETF saw a...
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VanEck Launches $30M Early-Stage Fund For Digital Assets, AI Startups
Wednesday, October 9, 2024 - 10:04am | 498Read More...Investment firm VanEck launched a $30 million early-stage fund focused on fintech, digital assets and AI startups. What Happened: The firm announced on Wednesday that the fund, VanEck Ventures, will target pre-seed and seed-stage companies. Jan van Eck, CEO of VanEck and a keynote speaker at...















