Omar Marques | Lightrocket | Getty ImagesApple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business.In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting...
Check out the companies making headlines in after-hours trading: Apple — Shares slipped 1% as investors parsed the personal technology giant's earnings report. While the company beat expectations for the fiscal first quarter on both lines, closely followed iPhone revenue came in below Wall Street's forecast. Intel — Shares...
Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple...
Amazon Prime and UPS trucks are seen in Washington, D.C., on July 12, 2024.Jakub Porzycki | Nurphoto | Getty ImagesShares of United Parcel Service closed down 14% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest...
Eaton investors worried that DeepSeek may torpedo the AI data center trade breathed a little easier Thursday, one day before the U.S. industrial company reports quarterly earnings. Shares of power management provider Eaton have stabilized since Monday's more than 15% decline, reflecting a growing sentiment on Wall Street that...
Michelle Johnston Holthaus, Intel's co-CEO and then executive vice president and general manager of the company's Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023.Victor J. Blue | Bloomberg | Getty ImagesIntel...
Shares of Club name Dover jumped Thursday, as a strong profitability outlook for the year ahead outshined some blemishes in the industrial conglomerate's fourth-quarter results. The report solidified Dover's place in our portfolio. Revenue in the fourth quarter rose 1.3% year over year, to $1.93 billion, short versus the...
These are the stocks posting the largest moves in midday trading.
A "Do not cross" sign is illuminated at a crosswalk outside of U.S. Capitol building in Washington, US, November 10, 2024. Hannah Mckay | ReutersThe Trump administration emailed more than 2 million federal workers this week, giving them the option to resign now and get pay and benefits through Sept....
Miami, Flordia, January 30th, 2025, FinanceWireWith nonprofits facing new financial uncertainty in the wake of President Trump’s federal funding freeze, Crowded, the mission-driven fintech platform simplifying financial management for nonprofit organizations, today announced it has raised $7.5 million in its Series A funding round, bringing its total funding to...