News

Stratec Lowers Guidance for 2023, Shares Drop

Stratec, a German developer of in-vitro-diagnostics systems, experiences a decline in sales expectations for 2023, resulting in a drop in shares. The company re...

Chicken Soup for the Soul Entertainment Reports Q2 Loss

Chicken Soup for the Soul Entertainment (CSSE) reports a wider loss in Q2, with their stock price plummeting and revenue surging. The company's financial positi...

The Decline of Traditional Servers and the Rise of AI Projects

The demand for traditional computer servers is declining as technology buyers allocate more of their budget towards artificial intelligence (AI) projects. This...

The Importance of Insulation and Air Sealing for Homeowners

Insulation and air sealing are crucial for homeowners to save on energy bills, stay comfortable during extreme weather events, and endure power outages. Find ou...

Foxconn's Net Profit Declines in Q2

Foxconn's net profit in Q2 declined by 0.9%, with revenue decreasing by 14% and profit margins worsening. Despite challenges, the company remains optimistic abo...

Northern Trust Reports Decline in Profit

Chicago-based financial holding company, Northern Trust, reports a decline in profit for the second quarter due to market conditions. Investment results have be...

Aurizon Holdings Reports 46% Fall in Annual Net Profit

Australian rail-freight operator, Aurizon Holdings, reports a 46% decline in annual net profit due to heavy rainfall, but expects improved outlook and increased...

IBM Exceeds Profit Expectations with Double-Digit Growth in Red Hat and AI

IBM Corp. surpasses profit expectations in Q2 with double-digit growth in Red Hat and AI business. Revenue remains steady while software and consulting see an i...

Rithm Capital Acquires Sculptor Capital Management in $639 Million Deal

Rithm Capital acquires Sculptor Capital Management in a $639 million deal, ensuring continuity and strong leadership while offering a promising future. The tran...

LVMH Set to Report First Half Results: What to Expect

LVMH is about to release its first half results, with analysts predicting a significant increase in profit and sales. The article highlights the key areas of fo...