Investment firm Evercore ISI initiates coverage on Phillips Edison & Company with an Outperform rating, highlighting its portfolio of necessity-focused retail centers as a key strength in uncertain economic times.
A U.S. federal judge has denied Elon Musk's motion to dismiss an SEC lawsuit alleging he improperly delayed disclosing his significant Twitter share acquisitions in 2022, setting the stage for a legal battle over securities disclosure rules.
Citigroup introduces a collaborative workspace feature within its internal AI platform, aiming to streamline project work and decision-making for employees across the global financial giant.
Despite a surprise $100 million boost from AI chip sales to China, Advanced Micro Devices (AMD) forecast a sequential revenue decline for Q1, sending its shares tumbling and raising questions about its capacity to challenge Nvidia's dominance in the red-hot AI hardware market.
Enphase Energy (ENPH) reported fourth-quarter revenue that surpassed Wall Street forecasts, though sales declined year-over-year. The company's upbeat guidance for the current quarter sent its shares sharply higher, signaling potential stabilization after a prolonged downturn.
Davey Resource Group, a subsidiary of The Davey Tree Expert Company, has acquired Georgia-based Cal Engineering Solutions, significantly expanding its engineering capabilities to support the nation's evolving power grid infrastructure.
Varonis Systems (NASDAQ: VRNS) delivered a stronger-than-expected fourth quarter, with revenue climbing 9.4% to $173.4 million. The data security firm issued upbeat guidance and highlighted robust SaaS growth as it advances toward a full cloud transition.
Match Group forecasts first-quarter revenue above Wall Street expectations, signaling its strategic pivot towards quality and safety is gaining traction. While paying users declined, heavy investment in AI-driven features for Tinder and Hinge aims to rebuild trust and drive long-term growth.
Sonos (NASDAQ: SONO) reported stronger-than-expected fourth-quarter earnings, though revenue remained flat year-over-year. While cost controls boosted profitability, analysts point to stagnant sales over a multi-year period as a key concern for the audio specialist.
Josh D’Amaro, a 30-year Disney veteran and lifelong fan, has been named the company's next CEO. His journey from a strategic planning role to overseeing the global parks empire positions him to steer the entertainment giant through a period of significant investment and political challenges.
Japanese pharmaceutical firm Shionogi & Co. reported robust nine-month results, with net income growth significantly outpacing revenue increases. The performance highlights the company's effective cost management and strategic portfolio shifts, though analysts caution that future growth hinges on key pipeline products and regulatory approvals.
Shopify updates its partner program with stricter data usage rules for AI training while CEO Tobi Lütke emphasizes integrating founders from acquisitions into key leadership roles, signaling a dual strategy of data control and entrepreneurial innovation.
Adobe's expanded partnership with IT services giant Cognizant aims to embed its generative AI and experience platforms deeper into enterprise workflows. While not an immediate financial catalyst, the move underscores Adobe's pivot towards large-scale, services-driven deployments as it navigates heightened competition and growth concerns.
Abbott Laboratories faces heightened regulatory scrutiny after the FDA issued a warning letter concerning the accuracy and testing protocols for its widely used FreeStyle Libre continuous glucose monitors, raising questions about the company's quality systems in a key growth market.
Texas Instruments is reportedly in late-stage negotiations to acquire semiconductor design firm Silicon Laboratories in a deal valued at approximately $7 billion, according to a Financial Times report that sent Silicon Labs' shares soaring.
As Onyxcoin (XCN) consolidates after a sharp correction, a stark divide emerges: large holders are accumulating billions of tokens near key support, while retail traders remain sidelined, potentially missing the early signs of a layered recovery setup.
Oracle has moved to reassure stakeholders that financing for its massive Port Washington data center project is proceeding as planned, even as uncertainty swirls around the funding relationship between key partner OpenAI and chip giant Nvidia.
As Kennametal prepares to report earnings, its reaffirmed quarterly dividend underscores financial stability. Yet, with shares having rallied sharply, investors are weighing whether the industrial toolmaker's modest growth outlook justifies its valuation and what its capital priorities truly are.
Truckload carrier Heartland Express reported a 26.1% year-over-year decline in fourth-quarter revenue, falling short of Wall Street forecasts. The company posted a non-GAAP loss per share, though the loss was narrower than analysts anticipated, as management points to internal restructuring for future gains.
Skyworks Solutions (SWKS) reported stronger-than-expected Q4 revenue and profit, while issuing surprisingly upbeat near-term guidance. However, the wireless chipmaker continues to grapple with year-over-year sales declines and a notable build-up in inventory, raising questions about the sustainability of its recovery amid a cyclical industry downturn.
