Latest in Sony shares surge over 10% after it forecasts stronger revenue and profit for fiscal year 2024
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Sony shares surge over 10% after it forecasts stronger revenue and profit for fiscal year 2024
Sony shares popped after it raised its 2024 outlook for annual operating profit to 1.34 trillion yen ($8.76 billion), a 2% rise from the previous financial year.CNBC - 6d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 1h -
Sony raises full-year forecasts after solid PlayStation 5 sales in the holidays
The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.CNBC - Feb. 13 -
Cisco pops on increased full-year revenue forecast
Cisco topped analysts' estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.CNBC - Feb. 12 -
Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.CNBC - Feb. 11 -
39-year-old's Paris-based company lost more than a third of its revenue in 2024: The Olympics 'were not good for business'
Though the world tuned in and thousands of tourists descended on Paris for the Olympics, many local businesses struggled.CNBC - 3d -
Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board
Donald Trump Jr. and Eric Trump participated in a recent private placement in the holding company.CNBC - Feb. 11 -
Is Intel now a Trump stock? Its shares surge after upbeat comments by J.D. Vance.
Shares of Intel Corp. were surging on Tuesday after Vice President J.D. Vance made bullish comments about semiconductor manufacturing in the U.S. at an artificial-intelligence summit in Paris.MarketWatch - Feb. 11 -
Alibaba shares pop 8% after cloud unit, e-commerce growth push up quarterly profit
The Chinese titan posted a sharp profit hike in the December quarter amid ongoing strength in its Cloud Intelligence unit and growth in its e-commerce segment.CNBC - 9h -
Japan's Sony raises forecast on solid results in its game business
Japanese electronics and entertainment company Sony is reporting a 3% gain in October-December profit, and raised its full-year forecastABC News - Feb. 13 -
Potter 'stronger person' after Chelsea sacking
West Ham boss Graham Potter says he "wasn't in a good place" after he was sacked by Chelsea but that it made him a "stronger person".BBC News - 6d -
10 questions for the 2025 MLS season: Will Lionel Messi, Inter Miami win MLS Cup after early exit in 2024?
The 2025 MLS season begins on Saturday, and here are 10 questions as the season gets underwayCBS Sports - 1h -
Coinbase revenue surges more than 130%, driven by postelection crypto rally
Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.CNBC - Feb. 13 -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 9h -
For-Profit Companies Can’t Easily Replace NOAA’s Weather-Forecasting Prowess
Replicating the abilities of the National Oceanic and Atmospheric Administration’s fleet of weather satellites would take time and a lot of money—and expose private companies to a large amount of ...Wired - 5d -
Doximity shares pop 36% on revenue beat, rosy guidance
The company built a digital platform for medical professionals that can help them carry out telehealth appointments with patients, find referrals and more.CNBC - Feb. 7 -
FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Shares of Fidelity National Information Services had their worst day on the market since 2023 after the company's disappointing guidance.CNBC - Feb. 12 -
Airbnb shares pop 15% on better-than-expected earnings and revenue
Airbnb reported fourth-quarter earnings on Thursday that beat analysts' estimates, but the company issued soft guidance.CNBC - Feb. 13 -
Bumble investors shrug off revamp, shares drop as forecast disappoints
Shares of Bumble Inc. slid after hours on Tuesday after the dating app forecast first-quarter sales that missed Wall Street’s expectations, as it tries to reinvent itself to help users better connect.MarketWatch - 2d -
Walmart shares fall upon disappointing forecast, fueling US spending worries
World’s largest retailer expects inflation-weary consumers to pull back after shares hit record high of $105 last week. Walmart on Thursday forecast sales and profit for its latest fiscal year ...The Guardian - 9h -
Energy bills forecast to rise by £85 a year
Cornwall Insight predicts that the energy regulator will hike gas and electricity prices by 5%.BBC News - 2d -
Sony’s PlayStation business pulls further ahead with 16% revenue growth in holiday quarter
Sony reported a significant increase in PlayStation business sales of 1,682.3 billion yen in the holiday quarter, up 237.9 billion yen, or 16%.VentureBeat - Feb. 13 -
European defence shares surge as investors bet on higher spending
Donald Trump has called on European governments to boost their defence budgetsFinancial Times - 3d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 4h -
Ranking every NFL team's 2024 rookie class after Year 1: NFC East with three teams sitting atop list
Let's take a look at every rookie class after Year 1CBS Sports - 1d -
10-year Treasury yield shoots above 4.6% after hot CPI report
U.S. Treasury yields rose on Wednesday after the January consumer inflation report.CNBC - Feb. 12 -
10-, 30-year yields have biggest one-day jumps of 2025 after hot inflation data
U.S. government debt aggressively sold off on Wednesday, pushing 10-and 30-year yields up for a fifth straight session, after the consumer-price index for January came in higher than expected and ...MarketWatch - Feb. 12 -
USAid cuts sow feeling of betrayal among Yazidis, 10 years after IS genocide
Figures who backed rights of religious minorities in first Trump term fall silent as vital work halted on the ground. During the first Trump administration, Mike Pence , the vice-president, ...The Guardian - Feb. 13 -
10 Years After ‘Stucky,’ “Captain America: Brave New World” Signals a Big Shift in Marvel Fandom
Spurned fanfic shippers, political protests, and a Black superhero long sidelined by fans and Marvel alike: What the release of Captain America: Brave New World says about the MCU in 2025.Wired - 6d -
10-year Treasury yield ends lower for 3rd time in 4 sessions after Fed minutes
Yields on U.S. government debt finished mostly lower on Wednesday after the Federal Reserve’s January meeting minutes offered no big surprises for investors.MarketWatch - 1d -
Missing woman found dead on South Dakota reservation after over a year
Sioux woman Michelle Elbow Shield's remains were identified using advanced DNA tests, more than a year after she went missing in South Dakota.CBS News - 3d -
Shuhei Yoshida looks back at 31 years at Sony PlayStation | exit interview
Shu Yoshida left Sony on January 15. He spent 38 years at Sony, including 31 years at PlayStation, and managed many of its big hits.VentureBeat - 3d -
Super Micro 'confident' it will meet SEC deadline and reach $40 billion next fiscal year
Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.CNBC - Feb. 11 -
Honda's nine-month profit down year-on-year as it ends talks with Nissan
Japanese automaker Honda is reporting a 7% decline in profit for the nine months that ended in December as it terminated talks on business integration with NissanABC News - Feb. 13 -
PlayStation Network Is Working After 24-Hour Outage, Sony Says
Users on social media had complained that they could not access their games after the unexplained outage began on Friday night.The New York Times - Feb. 9 -
Surge in 18-year-olds applying for UK engineering degrees
University admission data also highlights that students are deserting nursing and teaching coursesFinancial Times - Feb. 13 -
Noaa imposes limits on scientists, sparking concerns over global forecasts
‘Crackdown on climate’ predicted as oversight enacted over agency staffers’ email and meetings with foreign nationals. The US National Oceanic and Atmospheric Administration (Noaa) has placed ...The Guardian - Feb. 12 -
Ranking Every N.F.L. Team After the 2024 Season
The Eagles are No. 1, but that’s not the only change as the league heads into the offseason.The New York Times - Feb. 11