Dime Community Bank announces expansion in Manhattan with the hire of Jim Logatto, a seasoned banking professional, to lead its growth in the Manhattan market.
Dime Community Bank announces expansion in Manhattan with the hire of Jim LoGatto, a seasoned banking professional with over 30 years of experience, to lead its Manhattan operations.
NMRA Lead Plaintiff Deadline Approaching: Robbins LLP Investigates on Behalf of Shareholders. Robbins LLP is investigating potential claims on behalf of shareholders of NMRA. The deadline to file a lead plaintiff motion is [date]. Contact Robbins LLP for information on how to lead the case.
Jim Rickards warns that AI will be "dead" in 5 years without Nuclear 2.0, a new nuclear energy technology that can power AI systems. He claims that AI's reliance on fossil fuels and lack of nuclear energy will lead to a collapse of the AI industry.
Integral Ad Science Holding Corp investors, Kessler Topaz Meltzer Check LLP reminds investors of a class action lawsuit alleging misrepresentations and omissions in financial statements.
Eighty global executives gathered in Beijing for the key annual summit, discussing China's economic future and opportunities in the country. The event brought together top business leaders and entrepreneurs to share insights and explore collaborations.
CNH Industrial Capital LLC priced $500 million of 4.5% senior notes due 2030. The notes will be used to refinance existing debt and support business growth. The offering was upsized from $400 million due to strong demand.
Lexin Fintech Holdings Ltd reports unaudited financial results for Q4 and FY 2024. Net revenue increased 26.6% YoY to $2.43 billion. Gross profit rose 24.5% to $1.23 billion. Net loss narrowed to $33.4 million from $64.8 million. The company provides online financial services in China, offering consumer finance, auto finance, and other products.
Ethereum's price prospects dim as decentralized exchange (DEX) volumes drop 34% in a week, signaling a decline in trading activity and potential impact on the cryptocurrency's value.
Datadog (DDOG) stock surged 1% after strong Q3 earnings, beating estimates. Revenue jumped 35% to $247.2 million, driven by cloud and container growth. The company also raised its full-year guidance, citing strong demand for its monitoring and analytics services.
Verizon Communications (VZ) rises as market falls. Despite market volatility, VZ shares surge 2.5% amid strong Q2 earnings and guidance. Revenue beats expectations, driven by wireless and Fios growth. CFO says 5G rollout is on track, with 30% of customers now using 5G-enabled devices.
Caterpillar (CAT) stock has dropped more sharply than the broader market, falling 14.5% in the past month. The decline is attributed to concerns over global economic growth, trade tensions, and the company's exposure to cyclical industries. Investors should consider the stock's valuation and potential for a rebound when considering a purchase.
Arista Networks (ANET) fell 7.1% today, underperforming the broader market. The decline was attributed to the company's Q4 earnings miss, with revenue coming in below expectations. Additionally, Arista's Q1 guidance was also weaker than anticipated, leading to investor concerns about the company's future growth prospects.
ServiceNow (NOW) shares declined more than the broader market, despite reporting strong Q4 earnings. Revenue growth and a solid outlook were overshadowed by increased guidance and higher operating expenses. Investors may want to consider the company's long-term potential and valuation, as well as its position in the growing digital workflow market.
AT&T (T) stock rose 8.2% after the company reported Q3 earnings that beat estimates, driven by strong wireless and fiber revenue growth. The company also raised its full-year guidance, citing improved customer trends and cost savings.
Microsoft (MSFT) stock has been dipping more than the broader market, driven by concerns over its cloud growth and competition from Amazon Web Services. The company's fourth-quarter earnings missed estimates, and its cloud business growth rate slowed. Despite this, MSFT remains a strong dividend payer and has a solid balance sheet.
Wells Fargo (WFC) rises as market takes a dip. The bank's strong Q2 earnings, driven by loan growth and fee income, boosted investor sentiment. Net income rose 14% year-over-year to $2.5 billion, beating estimates. Shares gained 2.4% as the market retreated.
The market dipped due to concerns over global growth and trade tensions, but Goldman Sachs (GS) gained despite this decline. Strong quarterly earnings and a higher-than-expected revenue boosted the bank's stock, offsetting concerns over lower interest rates.
StoneCo Ltd (STNE) tops Q4 earnings and revenue estimates, driven by strong growth in its payment and loyalty solutions business. The company's adjusted earnings per share came in at $0.24, beating estimates by 25%. Revenue also exceeded expectations, rising 65% year-over-year to $143.4 million.
OmniAb Inc. (OABI) reports Q4 loss, topping revenue estimates. The biotech company announces a net loss of $1.3 million, beating expectations. Revenue comes in at $14.1 million, exceeding estimates. The company's pipeline of antibody-based therapies advances, with several programs in various stages of development.