Author: MAK Gojar

Post Content   Post Content 

Post Content   Post Content 

In an affidavit filed in federal court Tuesday, a White House official said Elon Musk is not the administrator of the Department of Government Efficiency, or DOGE.

Post Content   Post Content 

Cisco Systems Inc. (NASDAQ: CSCO), a leading manufacturer and distributor of data networking products, on Wednesday reported financial results for the second quarter of 2025. The San Jose-headquartered tech firm posted adjusted earnings of $0.94 per share for the January quarter, compared to $0.87 per share in the same period last year. Unadjusted net income was $2.4 billion or $0.61 per share in Q2, vs. $2.6 billion or $0.65 per share in the comparable period of fiscal 2024. Second-quarter revenue was $14.0 billion, compared to $12.79 billion in the prior-year quarter. “As AI becomes more pervasive, we are well positioned…

ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.   ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024. 

Marriott International, Inc. (NASDAQ: MAR) on Tuesday announced financial results for the fourth quarter of 2024, reporting a decrease in adjusted earnings despite a modest increase in revenue. Total revenue increased 5% year-over-year to $6.43 billion in the fourth quarter, reflecting growth across all operating segments In the fourth quarter, worldwide Revenue Per Available Room rose 5%, driven by gains in both ADR and occupancy On a reported basis, Q4 earnings decreased to $1.63 per share from $2.87 per share in the prior-year quarter Net income totaled $455 million in Q4, compared to $848 million a year earlier Adjusted earnings…

Shares of The Walt Disney Company (NYSE: DIS) dropped 1% on Tuesday. The stock has gained 6% over the past three months. The company delivered top and bottom line growth for the first quarter of 2025, with revenue increasing 5% to $24.7 billion and adjusted earnings per share increasing 44% to $1.76 on a year-over-year basis. Disney’s streaming business forms a key part of its overall growth strategy. Here’s a look at the performance of this division in the most recent quarter: Direct-to-Consumer performance Revenues in the Direct-to-Consumer (DTC) business increased 9% YoY to $6 billion in Q1 2025. The…

The Coca-Cola Company (NYSE: KO) has wrapped up fiscal 2024 on an upbeat note, reporting stronger-than-expected results for the final quarter of the year. Encouraged by the growth in sales across key markets and the success of its all-weather strategy, the company issued positive guidance for fiscal 2025. The Q4 report triggered a rally, and the company’s stock gained about 4% in pre-market trading soon after the announcement on Tuesday. After retreating from its September peak, the stock has been struggling to regain momentum. In the past six months, KO has lost about 3%. In the December quarter, the beverage…

Semiconductor technology company Applied Materials, Inc. (NASDAQ: AMAT) is expected to report first-quarter 2025 results today after the closing bell. Listen to Applied Materials’ Q1 2025 earnings call live and read the real-time transcript The consensus earnings estimate for Q1 is $2.3 per share, which represents an increase from the $2.13/share profit reported in the first quarter of 2024. Analysts are looking for revenues of $7.16 billion for the January quarter, compared to $6.71 billion in the year-ago period. In the fourth quarter, the company’s adjusted earnings increased to $2.32 per share from $2.12 per share in the same period…

ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.   ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024. 

ABC News’ Alex Presha sits down with the descendants of seven presidents as they commemorate Presidents’ Day in Key West, Florida, by sharing anecdotes about their ancestors and hopes for the future.

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…

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…