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Buying This Artificial Intelligence (AI) Chip Stock Is a No-Brainer After This Development
Advanced Micro Devices (NASDAQ: AMD) stock fell following the release of the company's fourth-quarter 2024 results on Feb. 4, and a closer look at the company's quarterly performance and outlook indicates that investors may have overreacted.AMD not only delivered impressive growth and beat Wall Stre...The Motley Fool
Wed, Feb 12
Looking for Dividend Stocks to Buy in February? Consider These 3 Dow Jones Components.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is chock-full of industry-leading dividend-paying companies -- making it a great place to look for stocks to boost your passive income stream.In addition to paying dividends, some Dow stocks -- like 3M (NYSE: MMM), Honeywell International (NASDAQ: H...The Motley Fool
Wed, Feb 12
Drugmaker Biogen forecasts 2025 profit below expectations
Feb 12 (Reuters) - Biogen BIIB.O forecast 2025 profit below Wall Street expectations on Wednesday, hurt by a strong dollar and fierce competition for its drugs to treat multiple sclerosis.Investors sold Biogen shares in 2024 as a slow US launch of Leqembi, the Alzheimer's disease drug it sells w...Reuters
Wed, Feb 12
BUZZ-CVS surges on Q4 profit beat
** Shares of health insurer CVS Health CVS.N rise 9.3% to $60.12 premarket ** Co reports smaller-than-expected drop in Q4 adjusted profit as pace of its insurance unit's medical cost increases slowed** Co reports Q4 adjusted profit of $1.19 per share, above analysts' average estimate of 93 c...Reuters
Wed, Feb 12
BUZZ-Barrick Gold up after beating Q4 profit estimates
** U.S.-listed shares of Barrick Gold GOLD.N rose more than 1% to $17.25 premarket** Co beats Q4 adjusted EPS estimates on 15% sequential jump in gold output and sets $1 billion share buyback plan** Q4 adjusted EPS of $0.46 beats analysts' estimates of $0.41, according to data compiled by LSEG**...Reuters
Wed, Feb 12
Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE
Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE[Hong Kong – February 12, 2025] Newborn Town Inc. (Newborn Town or the Company, stock code: SEHK 9911, together with its subsidiaries, collectively referred to as the Group), a leading global social entertainment company, is delighted to announce its inclusion in theMSCI Global Small Cap Index, according to the latest quarterly index review by MSCI, a globally recognized index provider.This change will take effect after the market closes on February 28, 2025. It marks another significant milestone for Newborn Town, following the Company’s recognition by leading global stock indices, including its addition to the FTSE Global Small Cap Index (FTSE) and the FTSE All-Cap (LMS) Index in September 2024.MSCI is one of the world’s most influential stock indices, covering high-performing, high-potential companies. Itis widely recognized by international financial markets and referenced by global investment institutions. Every year, MSCIconducts four routine index adjustmentsannually, primarily based on objective quantitative indicators such as market capitalization and liquidity.Strong Financial Performance Achieved in 2024 as AI-Driven Business Strategy Begins to Show ResultsAs a leading AI-driven social entertainment company, Newborn Town has been on a strong growth trajectory in 2024, withcontinuous improvement in its market capitalization. On January 20, the Company released its unaudited operating datafor 2024,withtotal revenue expected to reach RMB 4,960 million to 5,200 million, reflecting a year-on-year increase of approximately 50.0%to 57.2%. The core segment, social networking business, is expected to achieverevenue of approximately RMB4,520 million to 4,720 million, highlighting an increase of approximately 54.3% to 61.1% year-on-year. Thenext day after the announcement, Newborn Town’s stock price surged over 16%.Newborn Town experienced significant revenue growth in 2024 compared to 2023. Its diverse social products, through a "bush-like" growth strategy, demonstrate strong potential, while the positive impact of AI integration has begun to materialize, boosting commercialization efficiency.Newborn Town has continuously expanded its social business in recent years, resulting in a thrivingportfolio of social apps centered around MICO, YoHo, TopTop, SUGO, and HeeSay.The integration of AI technology in business has been gradually deepened,enhancing efficiency and creatingpositive emotional values forusersworldwide.In 2024, Newborn Town demonstrated remarkable growth in its global competitiveness, rising to the 4th place onthelist of non-game Chinese publishers based on overseas revenue in December, released by diandian.com.Capital Market Influence continuously Grows while Shares Buybacks from Company Show Long-term ConfidenceWith robust business growth, Newborn Town’s influence in the capital markets is increasingly prominent. In September 2024, Newborn Town was included in both the FTSE Global Small Cap and FTSE All-Cap indices. Later in 2024, the global asset management giant Vanguard Group also invested in Newborn Town, becoming one of the largest institutional investors.Over the past year, Newborn Town has demonstrated its firm confidence in future growth through concrete actions. From early 2024 to January 19, 2025, the Company repurchased approximately 68 million shares, totaling over HKD 230 million. Looking ahead, Newborn Town will continue to prioritize its growth in the MENA region while maintaining its global expansion strategy so as to create positive emotional values for users worldwide.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 09911.HK.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.comFile: Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE12/02/2025 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.comEQS
Wed, Feb 12
CANADA STOCKS-TSX futures muted ahead of US inflation data
Feb 12 (Reuters) - Futures for Canada's main stock index were flat on Wednesday as investors avoided big bets ahead of key U.S. inflation data that could support Federal Reserve Chair Jerome Powell's fresh hawkish comments. March futures on the S&P/TSX index SXFcv1 were down 0.06% at 6.2...Reuters
Wed, Feb 12
REFILE-CVS Health beats quarterly profit estimates on lower medical costs
Corrects key words for media clients to CVS HEALTH-RESULTS/By Amina Niasse and Sriparna RoyFeb 12 (Reuters) - CVS Health CVS.N reported a smaller-than-expected drop in fourth-quarter profit on Wednesday as the pace of medical cost increases slowed at the healthcare conglomerate and revenues jumped ...Reuters
Wed, Feb 12
BREAKINGVIEWS-Shein’s IPO haste implies an ill-fitting outcome
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Aimee Donnellan LONDON, Feb 12 (Reuters Breakingviews) - Listing a company’s shares is a delicate art. Bankers try to find the perfect time to tap the market, and sell a vision of the company’s future that con...Reuters
Wed, Feb 12
1 Must-See Quote for AI Stock Investors From Arm Holdings' CEO
The launch of Chinese AI start-up DeepSeek sent shockwaves through the AI sector recently. Stocks like Nvidia plunged double digits on the news as the new competitor threatened to upend the AI ecosystem.DeepSeek, an open-source model, outlined how its engineering allowed it to achieve similar result...The Motley Fool
Wed, Feb 12
RPT-COLUMN-Would Trump break capital controls taboo?: Mike Dolan
Repeats without changesBy Mike DolanLONDON, Feb 12 (Reuters) - Investment barriers have long been taboo among U.S. policymakers, for fear that a mere mention could spook the world's biggest financial market. But the idea of taxing or frustrating inward investment is now being openly discussed by...Reuters
Wed, Feb 12
Could Dogecoin Make You a Millionaire in 2025?
If you are looking for multibagger returns, crypto should be on your radar. This highly volatile asset class has minted its fair share of millionaires. And many coins have started to break their way into the mainstream, offering the possibility of sustainable long-term returns as well. Let's explore...The Motley Fool
Wed, Feb 12
This Stock Could More Than Double By 2029, According to Billionaire Bill Ackman
Billionaire hedge fund manager Bill Ackman recently revealed his latest multibillion-dollar investment: mobility technology leader Uber (NYSE: UBER). According to a social media post by Ackman, Pershing Square Capital Management (the hedge fund he oversees) owns 30.3 million shares of the company.At...The Motley Fool
Wed, Feb 12
Intel Just Pulled Ahead in This Key Market
Chip giant Intel (NASDAQ: INTC) has faced multiple challenges in its PC CPU business over the past year. For starters, the rebound in PC demand following the post-pandemic crash has been a disappointment. Global PC shipments edged up just 1% in 2024, according to IDC.While overall demand for PCs is ...The Motley Fool
Wed, Feb 12
Did China's DeepSeek Just Crash and Burn President Trump's $500 Billion AI Stargate Project?
Shortly after his inauguration on Jan. 20, President Donald Trump hosted an event at the White House that featured some of the biggest names in the technology industry.OpenAI CEO Sam Altman, Oracle founder Larry Ellison, and Japanese tech mogul Masayoshi Son are leading the charge for an infrastruct...The Motley Fool
Wed, Feb 12
BUZZ-Street View: DoorDash set to deliver higher profits
** DoorDash DASH.O beat estimates for Q4 revenue and total orders on Tuesday, as customers turned to its online platform to buy everything from food and groceries to alcohol during the holiday season** Shares rise 6.6% to $205.7 premarket with at least five brokerages raising price target on stock**...Reuters
Wed, Feb 12
Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
There's little doubt that artificial intelligence (AI) is here to stay. The burning question is: Where should investors look for stocks that will benefit from AI's growth over the next decade and beyond? Nvidia (NASDAQ: NVDA) has been the popular answer over the past couple of years since cloud comp...The Motley Fool
Wed, Feb 12
BUZZ-Street View: Coca-Cola holds enough in its soda aisle to outperform peers
** Coca-Cola's KO.N limited edition flavors of its sodas and price hikes powered a surprise rise in quarterly revenue amid sluggish demand in the packaged foods industry** Average rating of 28 analysts on KO is "buy" and median PT is $73, according to data compiled by LSEGBUBBLING TO THE...Reuters
Wed, Feb 12
