Ford (F) reported a strong start to the year in the US, with sales jumping in January and even topping those of Toyota (TM), last year’s sales king. However, electric vehicle sales suffered a setback. Ford reported January US sales climbed 4.3% to 152,617 vehicles, with the automaker’s US market share hitting 13.7%, up 0.3% […]
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Rescuers jump into icy pond to save dog after it falls through ice, NH photos show
Meta shares jump more than 16% on solid earnings, stock buyback, and dividend plan
Shares of Meta Platforms (META) rocketed higher at the start of trading Friday, climbing more than 16% after the company posted better than expected earnings and guidance, and announced new shareholder return initiatives. For the fourth quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. Analysts were anticipating adjusted […]
Super Micro shares jump after revenue forecast raise reignites AI rally
(Reuters) – Super Micro Computer shares rose nearly 11% before the bell on Tuesday after the artificial intelligence server maker delivered blowout quarterly results and raised its full-year revenue forecast significantly ahead of Wall Street estimates. The company, which counts NASA and Japan’s NEC among its customers, lifted its fiscal 2024 revenue forecast range to […]
A Wall Street Analyst Believes This Semiconductor Stock Is Better Than Nvidia, and It Could Jump an Impressive 71%
Semiconductor stocks have been in fine form on the market, which is evident from the impressive 56% gains recorded by the PHLX Semiconductor Sector index over the past year. Graphics specialist Nvidia (NASDAQ: NVDA) has played a starring role in this surge as its shares have shot up a whopping 233% during this period, driven […]
Shares Jump On Better-Than-Expected Earnings, AI Push
IBM stock jumped late Wednesday after the tech giant reported better-than-expected fourth quarter results and touted the progress of its artificial intelligence products. X In a news release, IBM (IBM) said it earned an adjusted $3.87 per share on $17.4 billion in fourth-quarter sales. On average, analysts polled by FactSet expected the Armonk, N.Y.-based company […]
Eurostar records 22% jump in passenger numbers
Eurostar said its passenger numbers increased by more than a fifth last year. The rail operator said it carried 18.6 million passengers in 2023, a rise of 22 per cent on the previous 12 months and is a return to levels last seen in 2019 before the coronavirus pandemic. Eurostar operates direct and indirect routes […]
Missed Out on Nvidia? 2 Incredibly Cheap Artificial Intelligence (AI) Stocks to Buy Before They Jump 47% to 95%
Artificial intelligence (AI) hype has supercharged Nvidia stock in the past year; the company’s chips have witnessed massive demand thanks to their ability to train large and complex AI models. The robust demand for Nvidia’s chips explains why the company’s revenue is set to more than double in its current fiscal year, which will end this […]
British pub chain Wetherspoon reveals jump in sales as boss warns about costs
British pub group J D Wetherspoon reported on Wednesday higher sales in the last 25 weeks, lifted by strong demand for its drinks and food during the festive season. The group, which owns and operates pubs across Ireland and the UK, reported a 10.1 per cent growth in like-for-like sales for the 25-week period ended […]
Dow Jones Futures: Market Shrugs Off Fed As Taiwan Semi, Apple Jump; AI Play Soars Late
Dow Jones futures were little changed after hours, while S&P 500 futures and Nasdaq futures rose slightly. Super Micro Computer (SMCI) jumped overnight on strong preliminary results. X The stock market rally rose Thursday, shrugging off rising Treasury yields and fresh Fed comments signaling slower rate cuts. Techs led the way, with the Nasdaq 100 […]
Trump-linked stocks jump after former president’s emphatic win in Iowa Republican contest
By Medha Singh (Reuters) -Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump’s social media platform public, rose on Tuesday following his victory in the first Republican contest in Iowa for 2024 presidential race. The stock rose 15% to $19.76 as the win strengthened Trump’s case that […]
Goldman Sachs profits jump 51% but full year reflects difficult period for bank
Goldman Sachs’ profits in the last quarter rose 51% compared with a year earlier, the US investment bank said on Tuesday, helped by strong returns in the overall market. However it closed out a difficult 2023 with overall profits down nearly a third from 2022, as the bank wrote off its consumer banking franchise and […]