NPR News: 02-05-2025 12AM EST Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy PolicyNPR News: 02-05-2025 12AM ESTLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy NPR News: 02-05-2025 12AM EST Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Author: MAK Gojar
The Nets were down 97-93 with less than 10 seconds remaining and improbably pulled out a 99-97 win The Nets were down 97-93 with less than 10 seconds remaining and improbably pulled out a 99-97 win USATSI The Brooklyn Nets’ front office would probably prefer its players not win games right now, but the scrappy bunch led by first-year coach Jordi Fernandez doesn’t care about lottery odds. Nothing proved that as much as their stunning 99-97 come-from-behind victory over the Houston Rockets on Tuesday. With less than 10 seconds remaining, the Nets trailed by four at 97-93 and were taking…
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Irving spoke publicly about the trade for the first time on Tuesday Irving spoke publicly about the trade for the first time on Tuesday USATSI Just like the rest of the NBA world, Kyrie Irving was stunned to hear that the Dallas Mavericks traded Luka Doncic to the Los Angeles Lakers in exchange for Anthony Davis. Few will be as directly impacted by the move as Irving, who now has to take on a much different role without his All-NBA backcourt mate. Irving spoke publicly about the trade for the first time on Tuesday after putting up 34 points, nine…
The Estée Lauder Companies Inc. (NYSE: EL) reported its second quarter 2025 earnings results today. Net sales decreased 6% year-over-year to $4 billion. Organic sales were also down 6%. Net loss attributable to the Estée Lauder Companies Inc. was $590 million, or $1.64 per share, compared to net income of $313 million, or $0.87 per share, last year. Adjusted EPS decreased 29% to $0.62. For the third quarter of 2025, the company expects reported sales to decline 10-12% and organic sales to decline 8-10% YoY. GAAP EPS is projected to be $0.04-0.17 while adjusted EPS is expected to be $0.20-0.30.…
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David Sacks and Republican lawmakers spent much of Tuesday laying out their plans to start working towards a regulatory framework for crypto.David Sacks and Republican lawmakers spent much of Tuesday laying out their plans to start working towards a regulatory framework for crypto. AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with lawmakers on…
AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors. AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the fourth quarter of 2024, aided by a 7% increase in sales. Fourth-quarter worldwide sales increased 7% year-over-year to $15.6 billion, with Pharmaceutical and Animal Health revenues growing 7% and 9% respectively. The company reported a net profit of $3.74 billion or $1.48 per share for the December quarter, compared to a loss of $1.23 billion or $0.48 per share in the prior-year period. On an adjusted basis, earnings climbed to $1.72 per share in Q4 from $0.03 per share in the fourth quarter…
Tesla’s Autopilot and Full Self-Driving systems are good, but testing group Consumer Reports says they aren’t even close to the highest rated.Tesla’s Autopilot and Full Self-Driving systems are good, but testing group Consumer Reports says they aren’t even close to the highest rated. In this article BMW-DE MBG-DE F GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla’s Autopilot system has gone from being a leader in advanced driver assistance systems to merely middle of the pack. The company’s driver assistance technology, which uses names such as “Autopilot” and “Full Self-Driving,” ranked eighth on a list by Consumer Reports,…
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the fourth quarter of 2024, aided by a 7% increase in sales. Fourth-quarter worldwide sales increased 7% year-over-year to $15.6 billion, with Pharmaceutical and Animal Health revenues growing 7% and 9% respectively. The company reported a net profit of $3.74 billion or $1.48 per share for the December quarter, compared to a loss of $1.23 billion or $0.48 per share in the prior-year period. On an adjusted basis, earnings climbed to $1.72 per share in Q4 from $0.03 per share in the fourth quarter…
Google’s parent Alphabet Inc. (NASDAQ: GOOG, GOOGL) is scheduled to publish its fourth-quarter 2024 results today after the closing bell. Listen to Alphabet’s Q4 2024 earnings call live and read the real-time transcript On average, analysts predict earnings of $2.13 per share on revenue of $96.67 billion for the December quarter. This compares to earnings of $1.64 per share and revenue of $86.31 billion reported in Q4 2023. In the third quarter of 2024, Alphabet reported revenue of $88.3 billion, which is up 15% year-over-year. Earnings per share increased 37% from the year-ago quarter to $2.12 in Q3. The post…
Chris Grisanti, MAI Capital Management’s chief market strategist, joined CNBC’s “Three-Stock Lunch” segment on Tuesday.Chris Grisanti, MAI Capital Management’s chief market strategist, joined CNBC’s “Three-Stock Lunch” segment on Tuesday. Tech stocks have accounted for most of the big gains for investors over the past 15 years, but there are plenty of stocks outside that group that have also scored some strong runs. Chris Grisanti, MAI Capital Management’s chief market strategist, joined CNBC’s “Three-Stock Lunch” segment on Tuesday. He identified three nontech stocks that look good at the moment: pharmaceutical giant Pfizer , European aerospace manufacturer Airbus and pizza chain Domino’s . Pfizer The drugmaker is…
Shares of PepsiCo, Inc. (NASDAQ: PEP) were down over 4% on Tuesday after the company delivered mixed results for the fourth quarter of 2024. Earnings beat expectations while revenue came below estimates. The beverages giant faced challenges across both its segments which impacted its quarterly performance. Looking ahead, it expects its international business to remain resilient and its North America business to improve in the coming fiscal year. Mixed results In Q4 2024, PepsiCo’s revenues remained relatively flat year-over-year at $27.78 billion but missed estimates of $27.9 billion. Organic revenue growth was 2.1%. GAAP earnings increased 17% to $1.11 per…
Experts weigh in on how the urge to hoard certain goods ahead of potentially higher prices can backfire.Experts weigh in on how the urge to hoard certain goods ahead of potentially higher prices can backfire. Many consumers are rightfully concerned about escalating trade tensions. President Donald Trump on Saturday said he would impose 25% tariffs on goods from Mexico and Canada, and 10% tariffs on goods imported from China. He also signaled that tariffs on the European Union could be next. While Trump has agreed to halt the implementation of tariffs against Canada for at least 30 days and he paused the duty on Mexican goods for one…
While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark. While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
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Honda and Nissan are considering calling off their merger talks, Japan’s Asahi Shimbun reported on Wednesday citing several sources.Honda and Nissan are considering calling off their merger talks, Japan’s Asahi Shimbun reported on Wednesday citing several sources. In this article 7267.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Jaques Silva | Nurphoto | Getty Images Shares of Honda and Nissan rose Wednesday after a local newspaper reported that the Japanese automakers were considering calling off their merger talks. The boards of both companies are meeting soon to table the termination of the merger, Asahi Shimbun reported, citing sources. Shares of Nissan…