Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Caterpillar (CAT) expects softer 2025 revenue than last year's level amid ongoing weakness in the construction and resource industries after reporting top- and bottom-line declines in the fourth quarter.
BMO Capital Markets adjusted its price target for FactSet Research Systems (NYSE:FDS) shares, lowering it to $498.00 from the previous $518.00, but retained a Market Perform rating on the stock. Currently trading at $467.
FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community worldwide. The company ...
Oshkosh forecast adjusted earnings per-share of $11 and sales of about $10.6 billion in 2025. Analysts polled by Factset expected $10.43 a share in adjusted earnings and sales of around $10.2 billion.
Sales of instruments and accessories, which are single-use tools for surgeries, climbed by 23% year over year to $1.41 billion, while procedure volumes jumped 18%. Procedures for its Ion system, which is used to perform lung biopsies via robotic bronchoscopy, surged 70%.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
OneWater backed its fiscal 2025 outlook, expecting adjusted per-share earnings of $1 to $2, as well as revenue of $1.7 billion to $1.85 billion. Analysts are looking for adjusted earnings of $1.43 a share and revenue of $1.81 billion.
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
Wolfspeed Inc.’s stock rose in extended trading Wednesday, after the semiconductor company beat Wall Street’s revenue expectations in its fiscal second-quarter results.
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock market and delivered 1,300%+ gains since the end of September 2022 to its peak in late January 2025.