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Topic: Finance (1461)

When Will Corning Incorporated (GLW) Reach New Heights? Δ1.60

Corning Incorporated (NYSE:GLW) has seen significant price movements over the last few months, with a substantial increase followed by a decline. The current trading price of US$50.15 may be reflective of the actual value of the company or undervalued, providing an opportunity for investors to buy. A closer examination of Corning's outlook and value based on recent financial data is necessary to determine whether there are any catalysts for a price change.

From Frugal Teacher to Secure Retiree: Waters' Path to Financial Independence Δ1.63

Cheryl Waters, now 74 years old, reflects on her journey from having nearly $0 in savings at 50 to a secure retirement at 70. She credits her financial planner's advice to focus on growing her income rather than just managing her money with taking control of her future. By supplementing her full-time income with tutoring jobs and applying for an interest-only mortgage, Waters was able to diversify her investments and achieve financial stability.

GitLab Q4 Earnings Loom: Industry Implications in Focus Δ1.61

GitLab's upcoming earnings report will be closely watched by investors and analysts alike. Here’s what to look for.GitLab beat analysts’ revenue expectations by 4.3% last quarter, reporting revenues of $196 million, up 31% year on year. It was a strong quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.Is GitLab's growth sustainable as it expands its offerings to stay competitive in the rapidly evolving software development tools market?

ACI Worldwide, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates Δ1.62

It's been a pretty great week for ACI Worldwide, Inc. (NASDAQ:ACIW) shareholders, with its shares surging 13% to US$57.35 in the week since its latest annual results. Revenues were US$1.6b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$1.91, an impressive 23% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.

Jobs Report to Shape March Trading as Retail Earnings and Tariffs Take Center Stage Δ1.66

The upcoming week will be crucial for investors as they await the February jobs report, retail earnings from major companies, and a new round of tariffs set to take effect. The employment situation is expected to show modest hiring last month while the unemployment rate remains steady at 4%. The state of consumer confidence, however, may be telling a different story, with initial jobless claims reaching their highest level of the year.

ServisFirst Bancshares' Stock Soars Amid Strong Earnings Growth Δ1.63

ServisFirst Bancshares (NYSE:SFBS) has seen its share price jump 5.3% this week, driven by earnings growth that continues to track above expectations. The company's ability to maintain a strong balance sheet and manage risk effectively has contributed to its success. With its share price now up 176% over the past five years, ServisFirst Bancshares is poised for further gains.

Dividend Investors Beware: Checking Sustainability of Ryerson Holding's (NYSE:RYI) Upcoming US$0.1875 Dividend Δ1.63

Ryerson Holding Corporation is set to pay its upcoming dividend on the 20th of March, but investors need to investigate whether the company can afford this payment and if it could grow in the future. The company's last year was marked by a loss, but it managed to pay out just 24% of its free cash flow in dividends. Ryerson Holding has reported improving income over the past five years, but its business does not quickly recover from losses, making it an uncertain candidate for dividend investors.

Bumble Full Year 2024 Earnings: Revenue Growth Slows Δ1.62

Bumble's full-year 2024 earnings report showed revenue growth of 1.9% from the previous year, but disappointing EPS, which missed analyst estimates by 4.2%. The company's share price has remained unchanged despite this news. Despite a decline in revenue expected over the next three years, the Interactive Media and Services industry is projected to grow.

WisdomTree Full Year 2024 Earnings: EPS Misses Expectations Δ1.61

WisdomTree's full-year 2024 earnings missed analyst estimates by 17%, with revenue up 23% from the previous year and net income down 48%. The company's profit margin declined to 12%, a significant drop from 27% in FY 2023. Despite this, WisdomTree's shares have been impacted, falling 1.7% from a week ago.

Dividend Yield Alert: Do Your Homework Before Buying HF Sinclair Corporation (NYSE:DINO) For Its Upcoming Dividend Δ1.62

HF Sinclair Corporation's upcoming dividend is about to attract attention from investors, but it's essential to scrutinize the company's financials before making a decision. The ex-dividend date is approaching, and investors need to be aware of the record date to avoid missing out on the payout. With a trailing yield of approximately 5.7%, HF Sinclair Corporation has been paying out dividends regularly, but there are concerns about its dividend sustainability.

BIT Mining Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag Δ1.62

BIT Mining's full-year 2024 earnings report showed a significant improvement in its loss per share, beating analyst expectations despite revenue missing the mark. The company's net loss narrowed by 73% from the previous year, while revenue declined 24% from FY 2023 to US$32.9m. However, this decline was largely due to a decline in the global cryptocurrency market.

Iran's Economy in Shambles as Parliament Ousts Minister Δ1.64

Iran's parliament has voted to remove the country's Economy Minister Abdolnaser Hemmati from office over mismanagement of the economy and a plunging national currency, state media reported. The decision comes amid a crisis in Iran's economy, which has seen its currency lose close to half of its value against the US dollar in just eight months. The vote reflects growing concerns about the government's ability to manage the country's economy and address rising poverty.

Calumet Full Year 2024 Earnings: EPS Beats Expectations Δ1.63

Calumet's full-year 2024 earnings surprise analysts, with revenue flat on FY 2023 and a net loss of $222.0m, down from a profit of $47.1m in FY 2023. The company's shares have declined 4.0% from a week ago, despite beating analyst estimates for EPS by 5.1%. Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years.

Ransomware Dominates Cybersecurity Threats in 2024 Δ1.62

The modern-day cyber threat landscape has become increasingly crowded, with Advanced Persistent Threats (APTs) becoming a major concern for cybersecurity teams worldwide. Group-IB's recent research points to 2024 as a 'year of cybercriminal escalation', with a 10% rise in ransomware compared to the previous year, and a 22% rise in phishing attacks. The "Game-changing" role of AI is being used by both security teams and cybercriminals, but its maturity level is still not there yet.

Wall Street Shares Its Safer Plays Amid China Investment Risks Δ1.68

As excitement over DeepSeek moderated, JPMorgan gave its clients a warning: "Be careful: U.S.-China risks back in focus." The firm's caution highlights the ongoing concerns surrounding China's economic and market growth. Despite this, many investors are seeking safer alternatives.

The Unpredictability of Early Retirement Δ1.66

Many people envision a grand exit when they finally retire, but unforeseen circumstances, such as health issues or job loss, can force early retirement. Chronic illness, disability, or unexpected medical events can make full-time work difficult and drain savings faster than expected. Planning ahead with a robust emergency fund, maximizing savings contributions to retirement accounts, and diversifying investments can help mitigate these risks.

Understanding Verizon Communications Inc.'s (NYSE:VZ) ROE Δ1.63

Verizon Communications Inc. has an ROE of 18% based on its net profit from continuing operations divided by shareholders' equity. This measure indicates the company's ability to generate profits from its shareholder investments, but it's essential to consider industry averages and potential risks associated with high debt levels. The company's high debt-to-equity ratio may impact its financial risk profile.

Stocks to Watch This Week Signals Shift in Market Focus Δ1.69

This week's earnings reports will likely shift investor attention away from ongoing tariff tensions and toward sectors with growing AI capabilities and consumer spending trends. Companies like Target and CrowdStrike are expected to provide insights into these areas, while Broadcom and Costco will report on the semiconductor and retail warehouse sectors. The release of economic indicators such as the S&P Manufacturing PMI and initial jobless claims data will also influence investor decisions.

Hedge Funds Are Buying More of These 'Rising Star' Stocks, According To Goldman Δ1.61

A change in hedge fund popularity could signal where a stock is headed in the months to come, and there are some that may be poised for future gains. The shift in investor sentiment towards these stocks is worth noting, as it may indicate a potential trend in the market. As hedge funds increase their stakes in these companies, it's essential to understand what's driving this interest.

Billions Bet on Bill Ackman's Favorite Investments Δ1.63

Bill Ackman is known for his bold bets on a select few companies, and his hedge fund's portfolio reflects this focus. His investments are not limited to the top-performing stocks of 2023 but also encompass a handful of newer additions that have shown promise despite still facing significant challenges in their respective industries. By investing in these companies, everyday investors can potentially capture some of Ackman's upside.

Alibaba Investors Could Finally Be Seeing Light at the End of the Tunnel Δ1.63

Alibaba's recent quarterly results show a notable revenue increase of 8% and an impressive 83% surge in operational income, signaling a potential turnaround for the tech giant after years of stagnation. The company's strategic shift towards a consumer-centered model and investment in artificial intelligence appears to be resonating with consumers, as evidenced by a 9% growth in customer management revenue. Despite ongoing competition from rivals like Pinduoduo and Douying, Alibaba's latest performance suggests that its efforts to regain market leadership may be starting to yield positive results.

Gambling Wise: Nfler Loses 'All My Money' In Casino Δ1.64

Jason Kelce, the retired NFLer, recalled getting beaten badly at a casino while in New Orleans for Super Bowl LIX. He lost "all my money" gambling, but fortunately has a high-profile career with lucrative opportunities to absorb the loss. The incident highlights the risks of problem gambling, which can lead to serious financial losses and consequences.

Is Investing $100,000 Today Enough to Grow Your Portfolio to More Than $1 Million by Retirement? Δ1.66

Investing $100,000 in the stock market can potentially set you up for significant returns, but whether it's enough to grow your portfolio to $1 million by retirement depends on various factors. A relatively safe investment option, such as tracking the S&P 500, can provide exposure to the top stocks on the market and potential long-run annual returns of around 10%. However, considering the recent hot streak of the stock market, a slowdown may be coming, which could impact your portfolio's growth.

High-Yield Savings Rates Reach New Heights Today Δ1.65

CD rates have seen significant increases in recent weeks, with top offers now reaching as high as 4.50% APY. Historically, longer-term CDs offered higher interest rates than shorter-term CDs, but today's economic climate is reversing this trend. Investors are now flocking to shorter-term CDs to lock in gains before potential market downturns.

Savings Interest Rates Today, March 2, 2025 (Best Accounts Offering 4.50% APY) Δ1.68

The Federal Reserve's decision to cut its target rate three times in late 2024 has led to a decline in savings interest rates, with the national average standing at 0.41%. This decrease from historic highs underscores the importance of carefully selecting a high-yield savings account to maximize earnings. As interest rates continue to fall, it is crucial for individuals to take advantage of today's best offers.

How Money Market Account Rates Are Falling and Rising Amid Federal Reserve's Rate Cuts Δ1.68

The national average money market account rate has dropped to 0.64% as the Federal Reserve cut its target rate three times in 2024. However, some top accounts are currently offering rates of 4% APY and up, making it essential to compare MMA rates and consider opening a new account to take advantage of these high rates. These rates may not last long, so it's crucial to act now.

Mortgage and Refinance Rates Today, March 2, 2025: As Rates Drop, Should You Buy? Δ1.64

As rates drop, homeowners may be tempted to refinance or buy a new home. According to Zillow data, the 30-year fixed interest rate has fallen by four basis points to 6.27%, while the 15-year fixed rate has dropped by four basis points to 5.57%. With mortgage rates decreasing overall since early February, it's essential to weigh the pros and cons of buying or refinancing. While lower rates can be beneficial, they may not necessarily translate to better loan terms or reduced monthly payments.

The Dividend Yield Sword: Attracting Investors with Cash but Warning of Business Weakness? Δ1.63

High dividend yields are a double-edged sword. On the one hand, you can get a sizable amount of cash back from these investments each year. On the other hand, a high dividend yield is indicative of business weakness, which may lead to poor stock price performance and a potential cutting of the dividend in future years. One of the few large stocks approaching a dividend yield of 8% is British American Tobacco (NYSE: BTI), dealing with sector headwinds and business missteps.

TECH STOCS RECEDE: Buying Plays Amid Nasdaq Correction Δ1.65

Nvidia's earnings report was a mixed bag, with estimates beat but broader fears about AI and consumer demand prevailing. The resulting sell-off has dropped the Nasdaq to its lowest level since before the election, sparking concerns of a correction. A downturn in tech stocks like Nvidia presents an opportunity to buy proven winners at a discount.

Building Lasting Wealth with Growth Stocks Δ1.71

Growth stocks offer a path to long-term wealth creation, but careful selection is crucial. Investing in companies with promising products or experiences that cater to growing demographics can lead to significant returns. Focusing on interactive entertainment companies, which are witnessing strong momentum among young people, presents an attractive opportunity for long-term investors.

Boosting Growth: AI Stocks Rise with C3.ai and Dell Technologies Δ1.62

C3.ai and Dell Technologies are poised for significant gains as they capitalize on the growing demand for artificial intelligence (AI) software. As the cost of building advanced AI models decreases, these companies are well-positioned to reap the benefits of explosive demand for AI applications. With strong top-line growth and strategic partnerships in place, investors can expect significant returns from their investments.

China's c.bank, Regulators Vow Financial Support for Private Companies Δ1.67

China's central bank and financial regulators held a meeting with private enterprises and financial institutions, vowing to increase lending to private enterprises and expand their fundraising channels. President Xi's private sector symposium guides latest financial meeting. The People's Bank of China (PBOC) pledged financing costs of private enterprises will remain low.

Return Trends At Kendrion (AMS:KENDR) Aren't Appealing Δ1.65

Kendrion is facing challenges with its return on capital employed (ROCE), currently at 5.7%, which falls short of the Auto Components industry average of 8.8%. The company's returns and capital employed have remained stable over the past five years, indicating a lack of reinvestment that often characterizes mature businesses. With a significant portion of its income being paid out as dividends, Kendrion's prospects for becoming a multi-bagger appear limited unless future investment strategies change.

2 AI Chip Stocks to Buy in March Δ1.62

Investors are advised to consider Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC) as promising stocks in the AI chip market, given the expected growth in data center spending and the increasing demand for advanced processing technologies. Nvidia has demonstrated remarkable performance with a significant increase in revenue driven by its dominance in the data center sector, while TSMC continues to support various chip manufacturers with its cutting-edge manufacturing processes. Both companies are poised to benefit from the rapid advancements in AI, positioning them as strong contenders for future investment.

The Future of Pearson's Growth Depends on Its Balance Sheet Δ1.67

Pearson's full-year 2024 earnings report shows a mixed bag, with revenue down 3.3% and EPS beating estimates by 14%. The company's profit margin increased to 12%, driven by lower expenses, but this growth is not translating to the bottom line as expected. Despite missing analyst revenue estimates, Pearson's share price remains unchanged.

VZ Holding Beats Expectations: Revenue Growth and Balance Sheet Strength Δ1.64

VZ Holding's full-year 2024 earnings have surpassed analyst expectations, with revenue growing 14% year-over-year to CHF590.6m. The company's net income also increased by 17%, resulting in a profit margin of 37%. This growth is attributed to the company's strong financial position and its ability to navigate the challenges of the Swiss capital markets industry.

Playtech Plc Fares Decently But Fundamentals Look Uncertain: What Lies Ahead For The Company? Δ1.61

Playtech's recent 2.2% stock price increase over the past three months may be a temporary boost, and the company's fundamentals appear uncertain. Based on its Return on Equity (ROE) of 6.1%, it is clear that Playtech is not generating sufficient profits to justify investors' expectations. The company's low net income growth of 4.7% over the past five years also raises concerns about its ability to drive growth.

Akzo Nobel N.V. Misses EPS by 12% Δ1.62

It's been a good week for Akzo Nobel N.V. shareholders, because the company has just released its latest full-year results, and the shares gained 2.5% to €59.52. Revenues were in line with forecasts, at €11b, although statutory earnings per share came in 12% below what the analysts expected, at €3.17 per share. The company's disappointing EPS miss may have been due to various factors such as higher raw material costs or increased competition.

IMF Deal Negotiations Gain Momentum as Argentina's Milei Seeks Congress Support Δ1.65

Argentine President Javier Milei has announced that he will seek congressional support for a new program his government is negotiating with the International Monetary Fund, marking an advancing stage in talks towards finalizing the deal. The negotiations aim to provide Argentina with significant financial assistance to address its economic challenges and implement currency and capital control reforms. The IMF agreement could potentially unlock billions of dollars in funding to help stabilize the peso and revive Argentina's economy.

Ctac Reports Full Year 2024 Earnings Δ1.62

Ctac has reported its full-year 2024 financial results, revealing a revenue of €124.6 million, which reflects a 2.1% decline from the previous year. Despite the drop in revenue, net income surged by 245% to €3.91 million, resulting in an improved profit margin of 3.1% due to reduced expenses. Looking forward, the company anticipates a revenue growth of 4.4% annually over the next two years, slightly below the broader IT industry forecast in Europe.

Holcim Full Year 2024 Earnings Miss Expectations Δ1.63

Holcim's full-year 2024 results missed analyst expectations, with revenue declining 2.2% to CHF26.4 billion and net income falling 3.8%. The company's profit margin remained steady at 11%, but earnings per share (EPS) missed estimates by 7.1%. Looking ahead, Holcim forecasts average annual revenue growth of 4.7% over the next three years.

Mark Cuban Offers to Fund Government Tech Unit in Crisis Δ1.62

Billionaire investor Mark Cuban has offered to support newly laid-off federal workers who were part of the government's technology unit, 18F. The company would provide consulting services and potentially invest in startups founded by former employees. This development presents an intriguing possibility for the future of civic tech, as displaced workers may band together to build their own expertise.

Deutsche Telekom AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions Δ1.62

The company's financial report has exceeded expectations, with revenue of €118b and statutory earnings per share (EPS) of €2.27, 27% above forecasts. The analysts have been updating their predictions in response to the results, with current estimates for next year showing revenues of €120.6b and statutory earnings per share of €1.95. Despite the slight decrease in expected earnings, Deutsche Telekom's shares remain bullish due to its solid performance.

Argentina's Economic Future at Stake in IMF Deal Negotiations Δ1.67

Argentine President Javier Milei has signaled an imminent deal with the International Monetary Fund (IMF), promising to address the country's economic overhaul and lift capital controls. In his annual address to congress, Milei touted Argentina's economic progress, citing a decline in inflation from 26% to just over 2%, and pledged to "ask congress to support the government in this new agreement" with the IMF. The deal is seen as crucial for stabilizing the nation's economy and attracting foreign investment.

Reviving US Investment Plans, Adani Group Seeks to Revitalize India's Economic Growth Δ1.68

India's Adani Group has revived plans for major investments in the U.S., according to a report by the Financial Times. The business group has reactivated potential plans to fund projects in the country, aiming to boost its economic growth and diversify its portfolio. This move is seen as a significant step towards strengthening India's economy, which has been facing several challenges in recent years.

India's Adani Group Revives US Investment Plans Δ1.66

India's infrastructure-focussed Adani Group has revived plans for major investments in the U.S., the Financial Times reported on Sunday. The business group has reactivated potential plans to fund projects in sectors such as nuclear power and utilities as well as an east coast port, the report said, citing four people close to group founder and chair Gautam Adani. Reviving these plans could potentially bolster Adani's global presence and counterbalance competition from rival Indian conglomerates.

BERHAD Full Year 2024 Earnings: Narrow Profit Margins Δ1.63

ARB Berhad's full-year 2024 earnings report shows a narrow profit margin of 1.8% driven by lower expenses, as the company moves towards profitability after posting a net loss in FY 2023. Despite the positive trend, revenue has taken a significant hit of 63% from FY 2023 to RM99.1m. The EPS of RM0.002 represents a narrow margin between profit and loss.

MAA Group Berhad Second Quarter 2025 Earnings: Revenue Growth and Profitability Δ1.60

MAA Group Berhad reported a revenue increase of 21% to RM30.1m in the second quarter of 2025, up from RM25m in the same period last year. The company's net income also showed significant growth, rising from a loss of RM9.62m to a profit of RM14.0m. With a profit margin of 46%, MAA Group Berhad demonstrated improved financial performance.

KUCHAI DEVELOPMENT BHD Faces Financial Struggles Amidst 97% Revenue Decline Δ1.60

Kuchai Development Berhad has reported a significant decline in revenue, with a loss per share of RM1.50 in the second quarter of 2025, down from a profit of RM0.037 in the same period last year. The company's net loss also increased substantially, reaching RM185.7 million, compared to a profit of RM4.55 million in the previous quarter. This decline is attributed to various factors, including changes in market conditions and operational inefficiencies.

Mesiniaga Berhad's Financial Woes: A Story of Declining Revenue and Rising Losses. Δ1.66

Mesiniaga Berhad, a Malaysian conglomerate, has reported a significant decline in revenue and net loss for the full year 2024, with a loss per share of RM0.056 compared to a profit of RM0.065 in the previous year. The company's revenue has decreased by 31% from FY 2023, while its net loss has more than doubled. The decline in financial performance raises concerns about the company's ability to recover and regain profitability.