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Salesforce falls after weak annual forecast puts spotlight on AI monetization
Feb 27 (Reuters) - Shares of Salesforce CRM.N fell more than 4% on Thursday after a downbeat annual revenue and profit forecast raised questions about when the enterprise cloud firm would start to show meaningful returns on its hefty artificial intelligence bets.
Reuters
Thu, Feb 27
This Infrastructure Stock Could Be the Best Investment of the Decade
Many companies would consider themselves lucky to operate in an industry benefiting from just one megatrend. That's because the tailwinds from that trend could help drive above-average earnings growth for years to come. Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) has an embarrassment of riches...The Motley Fool
Thu, Feb 27
Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
Strong forecasts send shares up 5% before the bellMax's expansion fuels 6.4 million subscriber adds in Q4 Cable TV struggles continue as ad sales drop 17%Updates share move in paragraph 2, adds analyst comment in paragraph 12By Harshita Mary Varghese and Aditya SoniFeb 27 (Reuters) - Warner Bros...Reuters
Thu, Feb 27
Cronos Group Inc reports results for the quarter ended September 30 - Earnings Summary
Cronos Group Inc CRON.TO reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of three analysts for the quarter was for a loss of one cent per share. Wa...Reuters
Thu, Feb 27
BUZZ-Amazon rises after Morgan Stanley positive on Alexa+
** E-commerce giant Amazon.com's AMZN.O shares rise 2.1% to $218.9** AMZN on Wednesday unveiled the first major overhaul of its Alexa voice assistant, called Alexa+** Morgan Stanley says Alexa+ is one example of how AMZN could drive more durable and cash-flow generative multi-year retail growth*...Reuters
Thu, Feb 27
BUZZ-Warner Bros expects streaming unit to notch up 150 mln subscribers by 2026; shares up
Updates** Shares of Warner Bros Discovery WBD.O rise 9.4% to $11.5 ** WBD expects its streaming service business to reach at least 150 million users by 2026 vs est. of 135.8 mln subscribers** In Q4, WBD's streaming business added 6.4 mln direct to consumer subscribers, above estimates of 4.89 ml...Reuters
Thu, Feb 27
Jensen Huang Just Delivered Fantastic News for Nvidia Investors
Artificial intelligence (AI) stocks have driven gains in this bull market, and one company in particular has been at the head of the pack: Nvidia (NASDAQ: NVDA). The tech powerhouse is the world's top designer of AI chips and has built an empire of related products and services -- importantly, this ...The Motley Fool
Thu, Feb 27
CANADA STOCKS-TSX opens higher on strong bank earnings sweep
Feb 27 (Reuters) - Canada's main stock index opened higher on Thursday, buoyed by financial stocks, as the country's major banks continued their streak of robust quarterly results.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.3% at ...Reuters
Thu, Feb 27
US STOCKS SNAPSHOT-Wall St opens higher as Nvidia's forecast calms AI demand fears
Feb 27 (Reuters) - Wall Street's main indexes opened higher on Thursday as AI bellwether Nvidia's upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly jobless claims kept a check on gains.The Dow Jones Industrial Average .DJI rose 83.3 points, or 0.19%,...Reuters
Thu, Feb 27
Life Time Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Life Time Group Holdings Inc LTH.N reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 15 cent...Reuters
Thu, Feb 27
EchoStar Corp reports results for the quarter ended December 31 - Earnings Summary
EchoStar Corp SATS.OQ reported quarterly adjusted earnings of $1.23 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -87 cents. The mean expectation of seven analysts for the quarter was for a loss of 55 cents per share. Wall St...Reuters
Thu, Feb 27
Privia Health Group Inc reports results for the quarter ended December 31 - Earnings Summary
Privia Health Group Inc PRVA.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 5 cents p...Reuters
Thu, Feb 27
Teleflex Inc reports results for the quarter ended December 31 - Earnings Summary
Teleflex Inc TFX.N reported quarterly adjusted earnings of $3.89 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.38. The mean expectation of thirteen analysts for the quarter was for earnings of $3.86 per share. Wall Street ...Reuters
Thu, Feb 27
GoodRx Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
GoodRx Holdings Inc GDRX.OQ reported quarterly adjusted earnings of 9 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 10 cents per sha...Reuters
Thu, Feb 27
Civeo Corp reports results for the quarter ended September 30 - Earnings Summary
Civeo Corp CVEO.N reported a quarterly adjusted loss of 36 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 61 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street ...Reuters
Thu, Feb 27
Veren Inc reports results for the quarter ended September 30 - Earnings Summary
Veren Inc VRN.TO reported quarterly adjusted earnings of 45 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of C$-1.52. The mean expectation of six analysts for the quarter was for earnings of 30 cents per share. Wall Stree...Reuters
Thu, Feb 27
Lifestance Health Group Inc reports results for the quarter ended December 31 - Earnings Summary
Lifestance Health Group Inc LFST.OQ reported a quarterly adjusted loss of 2 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of six analysts for the quarter was for a loss of 4 cents per sha...Reuters
Thu, Feb 27
Strategic Education Inc reports results for the quarter ended December 31 - Earnings Summary
Strategic Education Inc STRA.OQ reported quarterly adjusted earnings of $1.27 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.68. The mean expectation of three analysts for the quarter was for earnings of $1.24 per share. Wal...Reuters
Thu, Feb 27
