Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Intuit Inc (NASDAQ:INTU, ETR:ITU) projected fiscal second quarter revenue and profit below Wall Street estimates, sending its shares more than 5% lower after Thursday's closing bell. For the quarter ending in January, the financial technology firm projected revenue in the range of $3.81 billion to $3.85 billion, short of the $3.87 billion expected.
ET's recent P/E expansion has factored in some – but not all the – growth potential ahead. Market projects a 11.7% CAGR for its EPS growth through 2028 for good reasons. Potential catalysts include Trump's energy policies, ET's strategic investments in the Permian Basin, and higher energy demand from digital technologies.
ChatGPT-owner OpenAI has recently considered developing a web browser that would combine with its chatbot, and has separately discussed or struck various deals to power search features, the Information reported on Thursday.
As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product assortments, competitive pricing and efficient logistics networks that ensure quick delivery.
Gold climbed above the 50-Day MA to $2,674 but faces key resistance levels, with potential consolidation or bearish pullback if strength wanes.
GE HealthCare hosted an analyst event on Thursday. Solid guidance fell on deaf ears.
Ituran Location and Control Ltd. (NASDAQ:ITRN ) Q3 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Kenny Green - Investor Relations, EK Global Investor Relations Eyal Sheratzky - Chief Executive Officer Eli Kamer - Chief Financial Officer Conference Call Participants Sergey Glinyanov - Freedom Capital Allen Klee - Maxim Group Josh Strauss - Pekin Hardy Operator Ladies and gentlemen, thank you for standing by.
Intuit's fiscal first-quarter results exceeded expectations. The finance software company reaffirmed its full-year view but said promotional changes in the current quarter will affect revenue timing.
Gap raised its guidance ahead of the holiday shopping season as it touted a "strong start" to the all-important fourth quarter. The apparel giant behind Old Navy, Banana Republic, Athleta and its eponymous banner blew past Wall Street's earnings estimates despite a tough quarter impacted by unseasonably warm weather and hurricanes.