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Block's Reversal Is Already Here - FY2025 Guidance Implies Growth Acceleration
Seeking Alpha· 2025-01-11 03:00
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
3 E Network Technology Group Limited Announces Closing of Nasdaq Initial Public Offering
GlobeNewswire· 2025-01-11 03:00
Guangzhou, China, Jan. 10, 2025 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the "Companyâ€Â or "3e Networkâ€Â ), a business-to-business ("B2Bâ€Â ) information technology ("ITâ€Â ) business solutions provider, today announced the closing of its initial public offering (the "Offeringâ€Â ) of 1,250,000 Class A ordinary shares at a public offering price of US$4.00 per share. The Class A ordinary shares began trading on the Nasdaq Capital Market on January 8, 2025 under the ticker sy ...
Steel Dynamics Announces Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast
Prnewswire· 2025-01-11 03:00
FORT WAYNE, Ind., Jan. 10, 2025 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release Fourth Quarter and Full Year 2024 financial results after market close on Wednesday, January 22, 2025. The teleconference is scheduled to begin at 11:00 a.m. Eastern Standard Time on Thursday January 23, 2025 and will be hosted by Mark D. Millett, Chairman and Chief Executive Officer, Theresa E. Wagler ...
Nvidia's AI Leadership Shines While ON Semiconductor Faces Demand Slump: Analyst
Benzinga· 2025-01-11 02:59
Truist analyst William Stein attended CES 2025 this past week and hosted several meetings with high-profile companies in the semiconductor sector. The analyst expects Nvidia's superior gaming and server acceleration positioning and AI to support structural fundamental growth and stock outperformance. Stein noted that Analog Devices is capitalizing on sound organic investments and creating a better future with M&A, including accelerating sales growth and improving expense efficiencies. After a series of stum ...
CORRECTION -- Royal Caviar Club Partners with Rezolve Ai to Elevate Digital Channels with Conversational Commerce
GlobeNewswire· 2025-01-11 02:57
AI-Driven Innovation to Redefine Customer Engagement in the Growing $4.19 Billion Caviar MarketNEW YORK and HONG KONG, Jan. 10, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Rezolve AI Ltd, please note Arthur Yao's title has been corrected to "Deputy CEO, Rezolve Ai". The revised release follows: Royal Caviar Club (RCC), celebrated as the “Best Luxury Caviar in the World” by Luxury Lifestyle Awards, is taking luxury eCommerce to the next level through a strategic part ...
eVTOL Market Soars Too High? Analyst Gives Archer, Joby Downgrades
Benzinga· 2025-01-11 02:51
JPMorgan shifted gears on air mobility stocks Archer Aviation Inc ACHR and Joby Aviation Inc JOBY, downgrading them despite strong sector enthusiasm.Analyst Bill Peterson adjusted Archer Aviation stock to a Neutral rating and Joby Aviation stock to Underweight, noting their significant market gains surged past what fundamentals justify.Market Enthusiasm Outpaces FundamentalsPeterson highlighted that Archer and Joby have outperformed the Clean Tech sector, gaining 145% and 86%, respectively, over the past si ...
STZ Q3 Earnings Miss, Sales Dip Y/Y on Weak Wine & Spirits Business
ZACKS· 2025-01-11 02:51
Constellation Brands, Inc.’s (STZ) has reported third-quarter fiscal 2025 results, wherein the bottom and top lines missed the Zacks Consensus Estimate. The company’s sales dropped year over year.Comparable earnings per share (EPS) of $3.25 improved 0.3% year over year in the fiscal third quarter but lagged the Zacks Consensus Estimate of $3.34. On a reported basis, the company recorded EPS of $3.39 compared with $2.76 in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings C ...
PACS DEADLINE: TOP RANKED ROSEN LAW FIRM Encourages PACS Group Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important January 13 Deadline in Securities Class Action - PACS
GlobeNewswire· 2025-01-11 02:50
NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of PACS Group Inc. (NYSE: PACS) of (i) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) in connection with the Company’s April 11, 2024 initial public offering ("IPO"); (ii) securities between April 11, 2024 and November 5, 2024, both dates inclusive (the “Class Period”); and/or (iii) common stock pursuant an ...
Walgreens CEO: ‘Turnaround Will Take Time'
PYMNTS.com· 2025-01-11 02:46
For Walgreens Boots Alliance CEO Tim Wentworth, the company’s turnaround process is not a sprint but a marathon.“We still have substantial work to do here,” he told analysts during the company’s first-quarter earnings call Friday (Jan. 10). “While our turnaround will take time, our early progress reinforces our belief in a sustainable, retail pharmacy-led operating model. Our focus is on our balance sheet. Sustained operating cash flows are front and center, and it’s a multiyear process to consistently and ...
Travelers Are Buying Into Delta's 'Premium' Push—And the Airline's Stock Is Rising
Investopedia· 2025-01-11 02:46
Key Takeaways Delta Air Lines (DAL) bills itself as the "premium" U.S. airline. Passengers appear to be buying in. With customers increasingly paying for seats at the front of the plane, leaving upgrades in short supply, Delta reported record fourth-quarter revenue and operating profit on Friday. Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com Delta hammered home the "premium" messaging in its report, using the word 11 times. But there is substance behind it: Whil ...