Network gear maker Cisco Systems Inc. (NASDAQ: CSCO) is expected to report second-quarter 2025 earnings today after the closing bell. Listen to Cisco’s Q2 2025 earnings call live and read the real-time transcript The company recently guided Q2 revenues in the range of $13.75 billion to 13.95 billion and adjusted earnings per share between $0.89 and 0.91. Analysts estimate earnings of $0.91 per share on revenues of $13.87 billion for the January quarter. That compares to earnings of $0.87 per share and revenue of $12.79 billion reported in the second quarter of 2024. For the first quarter, Cisco reported revenues…
Author: MAK Gojar
Energy holding company Duke Energy (NYSE: DUK) Thursday reported an increase in revenues and adjusted earnings for the fourth quarter of 2024. Fourth-quarter 2024 reported earnings were $1.54 per share, compared to $1.27 per share in the prior-year quarter On an adjusted basis, December-quarter earnings increased to $1.66 per share from $1.51 per share in Q4 2023 At $7.36 billion, fourth-quarter operating revenue was higher than the $7.21 billion reported in the prior-year quarter Q4 net income was $1.19 billion, compared to $991 million in the corresponding quarter last year The company introduced 2025 adjusted earnings per share guidance of…
Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history
Post Content Post Content
European stocks moved higher Monday as a number of defense stocks soared.European stocks moved higher Monday as a number of defense stocks soared. 6 Hours Ago Europe stocks close higher European stock markets regained positive momentum on Monday, with the Stoxx 600 index closing up 0.59% at an all-time high of 555.65. Germany’s DAX led major bourses with a 1.26% gain, while France’s CAC 40 and the U.K.’s FTSE 100 were 0.13% and 0.41% higher respectively. Stoxx 600 index. — Jenni Reid 7 Hours Ago European equities are ‘favorite diversifier’: Citi strategist David Groman, global equity strategist at Citi, weighs…
Post Content Post Content
The Department of Homeland Security launched a multimillion-dollar ad Tuesday directed at those who try to come to the United States illegally, saying: Don’t try it.
Europe is vying for a say in fast-advancing Russia-Ukraine peace talks after the U.S. over the weekend exacerbated fears that Brussels would be absent from the high level negotiations.Europe is vying for a say in fast-advancing Russia-Ukraine peace talks after the U.S. over the weekend exacerbated fears that Brussels would be absent from the high level negotiations. France’s President Emmanuel Macron (C) walks with U.S. President-elect Donald Trump (R) and Ukraine’s President Volodymyr Zelenskyy (L) after a meeting at the Elysee Presidential Palace in Paris on Dec. 7, 2024. Julien De Rosa | Afp | Getty Images Europe is vying…
Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January. A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In like a lion, out like a lamb. That’s how restaurant executives envision 2025 after a rough start to the year, largely caused by freezing temperatures, wildfires and consumer caution. Many restaurant chains, like Restaurant Brands’ Burger King and Popeyes, said sales improved in the fourth quarter as value offerings brought back diners who had been…
Vinyl records may be music’s most enduring format. The 12-inch vinyl LP is a format that is nearly 80 years old, but its popularity has been steadily rising over the past two decades. Unfortunately, these same records are made from non-renewable materials and carry a high carbon footprint.Vinyl records may be music’s most enduring format. The 12-inch vinyl LP is a format that is nearly 80 years old, but its popularity has been steadily rising over the past two decades. Unfortunately, these same records are made from non-renewable materials and carry a high carbon footprint. Vinyl records may be music’s most…
Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap.Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap. It can cost on average of $2,050 to live in Tokyo for a month as a single person, according to Numbeo’s data. Jackyenjoyphotography | Moment | Getty Images Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if…
On today’s episode of CNBC Crypto World, bitcoin closes the week trading at the $97,000 level. Shares of Coinbase drop after reporting a surge of more than 130% in revenue from last year. Also, Tether CEO Paolo Ardoino reacts to a recent JPMorgan research report suggesting the stablecoin issuer may have to sell its bitcoin to comply with new U.S. proposals.On today’s episode of CNBC Crypto World, bitcoin closes the week trading at the $97,000 level. Shares of Coinbase drop after reporting a surge of more than 130% in revenue from last year. Also, Tether CEO Paolo Ardoino reacts to…
Post Content Post Content
Post Content Post Content
Post Content Post Content
Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break rival Intel in two, the Wall Street Journal reported.Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break rival Intel in two, the Wall Street Journal reported. In this article AVGO 2330-TW INTC Follow your favorite stocksCREATE FREE ACCOUNT The logo of Intel is seen during Computex 2024 in Taipei, Taiwan, June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel’s rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the U.S. chipmaking icon in…
Innovaccer on Monday announced a suite of AI agents that can automate repetitive tasks for clinicians.Innovaccer on Monday announced a suite of AI agents that can automate repetitive tasks for clinicians. Innovaccer CEO Abhinav Shashank. Courtesy: Innovaccer As doctors and nurses face historic rates of burnout, Innovacer says artificial intelligence is here to help. The health-care data company on Monday announced a suite of AI agents that are designed to automate repetitive, “low-value” tasks for clinicians. “We just don’t have enough capacity in the health system to really serve everyone to the degree that they deserve,” Innovaccer CEO Abhinav Shashank told…
The push by the speaker, Adrienne Adams, a Democrat, signals the mayor’s loss of his principal partner in government. The push by the speaker, Adrienne Adams, a Democrat, signals the mayor’s loss of his principal partner in government. The push by the speaker, Adrienne Adams, a Democrat, signals the mayor’s loss of his principal partner in government. Adrienne Adams, the speaker of the New York City Council and one of Mayor Eric Adams’s principal partners in government, said on Monday that the mayor should resign. Ms. Adams’s repudiation of the mayor came just hours after four of his eight deputy…
Investors, shrugging off ongoing concerns around trade and inflation, are searching for the next catalyst to send stocks higher.Investors, shrugging off ongoing concerns around trade and inflation, are searching for the next catalyst to send stocks higher. Traders work at the New York Stock Exchange on Jan. 30, 2025. NYSE U.S. stock futures rose Monday night to kick off a holiday-shortened trading week. Dow Jones Industrial Average futures advanced 106 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and 0.2%, respectively. Wall Street is coming off a winning week for the major averages. The Dow Jones Industrial…
Post Content Post Content