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Home > Latest

Lates News

date
02/05/2025
The US stock market continues to rise; the S&P 500 index increased by 1.3%, the Nasdaq index rose by 2.2%, and the Dow Jones index rose by 0.8%.
Latest
3 m ago
The telecommunications company Lumens Technology's US stocks rose 1.7% after hours. The latest financial report shows that the company had an adjusted loss of $0.13 per share in the first quarter, analysts had expected a loss of $0.26 per share. The first quarter revenue was $3.18 billion, analysts had expected $3.1 billion. The adjusted EBITDA expectation for the full year remains unchanged at $3.2 billion to $3.4 billion, analysts had expected $3.35 billion. The capital expenditure expectation for the full year remains unchanged at $4.1 billion to $4.3 billion, analysts had expected $4.2 billion.
3 m ago
Apple expects to incur $900 million in tariff costs for the current fiscal quarter, but still anticipates revenue growth.
3 m ago
Apple Chief Financial Officer Kevan Parekh said on Thursday in a call with analysts that the company expects its revenue to grow in the low to mid-single digits for the quarter ending in June. The company also expects gross margins for the current quarter to operate between 45.5% and 46.5%, with operating expenses between $15.3 billion and $15.5 billion. CEO Cook stated that Apple expects to incur $900 million in tariff costs for the quarter based on the current tariff structure. Cook added, "Due to some unique factors benefiting the June quarter, this estimate should not be used to predict future quarters."
6 m ago
Apple CEO Cook: Still excited about the company's roadmap for artificial intelligence (AI) and large language models (LLM).
6 m ago
Apple's CEO Cook: Still excited about the company's roadmap for artificial intelligence and big language models.
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