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Western Digital falls 4% on Q4 revenue miss, guidance trails estimates
SAN JOSE, Calif. - Western Digital Corp. (NASDAQ:WDC) shares tumbled 4% as the company's fourth-quarter revenue fell short of Wall Street expectations, and its guidance for the first quarter of 20
Investing.com
Jul 31, 2024
Argus upgrades SAP to 'Buy' with target price of $240
Investing.com - In an research note released on Wednesday, analysts at Argus announced an upgrade of SAP SE ADR (NYSE:SAP) to a 'Buy' rating, setting a new target price of $240.In the second quarter o
Investing.com
Jul 31, 2024
Prada: Jefferies raises target price after Miu Miu's extraordinary performance
Investing.com – Despite a challenging environment for the luxury market, Prada SpA (HK:1913) (OTC:PRDSY) posted better-than-expected growth in the second quarter, standing out from its competito
Investing.com
Jul 31, 2024
This tool will dramatically improve your earnings season game - For free
Investing.com — As big tech earnings continue to disappoint, with another miss from Microsoft (NASDAQ:MSFT) last evening, several investors are beginning to think this might be an overall bearis
Investing.com
Jul 31, 2024
Mizuho sees 50% upside potential in this forgotten chip stock
Samsung (LON:0593xq) Electronics (KS:005930) reported strong Q2 2024 results, sending its Korea-listed shares rising more than 3.5% Wednesday.The electronics behemoth posted revenue of KRW74.07 trilli
Investing.com
Jul 31, 2024
Auto1 revises profit forecast upwards: Share price surges by 17%
Investing.com - Auto1 Group SE (ETR:AG1G) investors had plenty of reasons to rejoice on Wednesday. Following the release of their quarterly figures, shares of the online used-car retailer soared 17%,
Investing.com
Jul 31, 2024
TeamViewer Delivers Positive Surprise: Shares Surge
Investing.com – After a prolonged dry spell, the software provider TeamViewer AG (ETR:TMV) delivered an unexpected surprise at the stock exchange with unexpectedly positive quarterly figures
Investing.com
Jul 31, 2024
GSK slips as vaccine outlook is slashed
Investing.com – GSK(LON:GSK)'s second-quarter results exceeded expectations with strong sales and profits, leading to an upward revision of the outlook. However, a cut in the vaccine sales target has
Investing.com
Jul 31, 2024
Yardeni: Rotating market betting on pivoting Powell
Federal Reserve Chair Jerome Powell is expected to acknowledge the stronger-than-expected economy and robust labor market, note that inflation is nearing the 2.0% target, and hint at a potential rate
Investing.com
Jul 31, 2024
Spectral Capital Corporation (FCCN) Unveils Quantum Bridge Program to Propel Quantum Computing Innovations
New York, Spectral Capital Corporation (FCCN), led by Chairman and Board of Director Sean Michael Brehm, proudly announces the launch of its pioneering Quantum Bridge Program. This initiative is set to accelerate the development and commercialization of quantum computing technologies, bridging the gap between cutting-edge research and real-world applications.Caption: Board of Director Sean Michael BrehmQuantum computing, a revolutionary field leveraging the principles of quantum mechanics, promises to perform computations far beyond the reach of classical computers. With transformative potential across diverse sectors, from cryptography to drug discovery, quantum computing is poised to redefine technology and industry. However, the journey to practical implementation is challenging, involving technological complexities, high development costs, and a shortage of skilled professionals."The Quantum Bridge Program is designed to fast-track the development of quantum computing technologies," said Sean Michael Brehm, Chairman and Independent Director of Spectral Capital. "Our goal is to create a launchpad for startups, providing them with comprehensive support to succeed—from technical assistance and funding to educational resources and industry connections."Spectral Capital’s Quantum Bridge Program aims to address these challenges by fostering collaboration and building a robust ecosystem for quantum innovation. The initiative offers a holistic suite of services to startups, including access to funding, expert mentorship, and partnerships with academic institutions and established tech companies. This comprehensive support accelerates research and development efforts, helping startups transition from the lab to the market."We saw the immense potential of quantum computing to solve problems that traditional computers can't handle," Brehm added. "From simulating new materials to revolutionizing cryptography, the possibilities are endless. The Quantum Bridge Program was born from our desire to bridge the gap between cutting-edge quantum research and real-world applications."In addition to technical and financial support, the Quantum Bridge Program focuses on public outreach to demystify quantum computing and generate excitement around its potential. By showcasing real-world results and success stories, Spectral Capital aims to build trust and demonstrate the significant value that quantum computing can bring to various industries.Looking ahead, Spectral Capital aspires to catalyze a quantum revolution impacting all sectors of the economy. The ultimate goal of the Quantum Bridge Program is to support startups in becoming market leaders, pushing the boundaries of what is possible and creating a more equitable and innovative future."We invite anyone interested—whether you're a startup, an investor, or a researcher—to join us in this exciting journey," Brehm concluded. "Together, we can shape the future of technology and ensure that quantum innovations are accessible and impactful."Media Contact:Name: Anna StukkertPhone: +49 162 2328333Spectral Capitalspectralcapital.comcontact@spectralcapital.com31/07/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Jul 31, 2024
Lufthansa’s Q2 profit takes a dive amid rising costs
Investing.com – Lufthansa Group (ETR:LHAG) on Wednesday reported its second quarter results with an Adjusted EBIT of EUR 686 million. The Group's revenue rose by 7% to EUR 10 billion, driven by an 11%
Investing.com
Jul 31, 2024
Starbucks reports in-line Q3 earnings as sales miss on China weakness; shares up
Investing.com - Starbucks reported Tuesday mixed fiscal third-quarter results, with earnings matching and revenue missing Wall Street estimates as weaker sales in China weighed. Starbucks Corporation
Investing.com
Jul 31, 2024
Just Eat Takeaway posts strong profitability, shares rise
Investing.com – Just Eat Takeaway (AS:TKWY) shares jumped on Wednesday after the company reported its half-year 2024 results. While overall Gross Transaction Value (GTV) grew 3% year-over-year, exclud
Investing.com
Jul 31, 2024
ASML shares jump on U.S. exemption from China chip export restrictions - Reuters
Investing.com – ASML (AS:ASML) shares jumped on Wednesday after Reuters reported that the U.S. will exempt some allied countries from new restrictions on chip equipment exports to China.The Biden admi
Investing.com
Jul 31, 2024
Nvidia stock Top Pick at Morgan Stanley again after tech sell-off
Morgan Stanley (NYSE:MS) analysts reassigned a Top Pick rating for Nvidia (NASDAQ:NVDA) stock on Wednesday after the chipmaker’s shares fell sharply amid a broader market sell-off the previous day.N
Investing.com
Jul 31, 2024
Samsung reports robust Q2, amid strong AI demand
Investing.com – Samsung (LON:0593xq) Electronics (KS:005930) reported strong earnings for the second quarter of 2024, with revenue of KRW74.07 trillion and operating profit of KRW10.44 trillion. This
Investing.com
Jul 31, 2024
Airbus delivers solid H1 results, beats estimates
Investing.com – Airbus (EPA:AIR) on Tuesday reported strong results for the first half of 2024, delivering 323 commercial aircraft, an increase year-over-year, and growing revenue to €28.8 billion. Th
Investing.com
Jul 31, 2024
FTSE 100 in green today; U.K. shares up at market open
Investing.com – U.K. equities started with gains on Wednesday, with rises in majority of sectors, the most notable ones being the Industrial Transportation, Oil & Gas, Banks and Industrial M
Investing.com
Jul 31, 2024
Asian stocks rise with BOJ in focus; China rebounds on stimulus hopes
Investing.com-- Most Asian stocks rose on Wednesday with Chinese markets rebounding from five-month lows as middling economic data fueled bets on more stimulus measures, with focus now turning to a Ba
Investing.com
Jul 31, 2024
Pinterest stock tumbles on weak Q3 guidance
Pinterest, Inc. (NYSE: NYSE:PINS) shares fell 14% in afterhours trade after the company offered softer-than-expected outlook for its third quarter.Q2 revenue rose 21% to $854 million, surpassing analy
Investing.com
Jul 30, 2024
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