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Vertiv Rides AI Boom To 26% Sales Growth, But Stock Slips On Mixed Outlook
Vertiv Rides AI Boom To 26% Sales Growth, But Stock Slips On Mixed Outlook
Feb 12, 2025
Vertiv Holdings Co ( VRT ) shares are trading lower after the company reported fourth-quarter results. Net sales rose 26% year-over-year to $2.346 billion, beating the consensus of $2.151 billion. Organic orders (excluding FX) for the TTM ended December 2024 rose ~30% YoY, led by strong demand in the hyperscale and colocation data center market. Adjusted operating profit surged 53% Y/Y to $504 million, with the margin expanding 380 basis points...
Kraft Heinz Issues Downbeat Full-Year Earnings Outlook Following Fourth-Quarter Sales Miss
Kraft Heinz Issues Downbeat Full-Year Earnings Outlook Following Fourth-Quarter Sales Miss
Feb 12, 2025
10:24 AM EST, 02/12/2025 (MT Newswires) -- Kraft Heinz ( KHC ) offered a downbeat full-year earnings outlook on Wednesday as the food and beverage company's fourth-quarter revenue fell more than Wall Street's expectations. The maker of Lunchables and Jell-O anticipates adjusted earnings to be in a range of $2.63 to $2.74 per share for fiscal 2025, while the current...
Musk's DOGE cuts based more on political ideology than real cost savings so far
Musk's DOGE cuts based more on political ideology than real cost savings so far
Feb 12, 2025
* Musk cost-cutting targets agencies disliked by conservatives, not major budget contributors * DOGE claims $37.69 billion savings to date - a fraction of its $2 trillion target * Nine of the government agencies in Musk's sights were mentioned in Project 2025 report, including Education Department By Tim Reid, Helen Coster, James Oliphant WASHINGTON, Feb 12 (Reuters) - The first...
Former Cameco Chairman Neil McMillan Joins Max Power Board
Former Cameco Chairman Neil McMillan Joins Max Power Board
Feb 12, 2025
10:22 AM EST, 02/12/2025 (MT Newswires) -- Max Power Mining ( MAXXF ) on Wednesday said that Neil McMillan has joined its board as an independent director. He will also chair its audit committee. MacMillan previously chaired Cameco ( CCJ ) from 2013 to 2018, and was a long-time director of Star Diamond ( SHGDF ) until 2020. Mr. Mansoor...
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Bitcoin Price Analysis: BTC at Risk of Pullback as New ATH Hopes Diminish
Bitcoin Price Analysis: BTC at Risk of Pullback as New ATH Hopes Diminish
Jul 8, 2025
Bitcoin has slightly lost its bullish steam upon nearing the $111K all-time high, with strong selling pressure emerging at this key level. The price continues to struggle in reclaiming this threshold, signaling a likely period of consolidation or corrective movement in the days ahead. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin’s bullish rally toward its all-time high of $111K...
Cardano Founder Claims He Rejected El Salvador Proposal Over Gang Links
Cardano Founder Claims He Rejected El Salvador Proposal Over Gang Links
Jul 8, 2025
Cardano founder Charles Hoskinson has alleged that he walked away from a potential deal to implement Cardano in El Salvador in 2021, citing concerns over the governments plan to airdrop cryptocurrency directly to citizens, including members of the notorious MS-13 gang. In a recent interview on the Shawn Ryan Show, Hoskinson detailed a chaotic week of discussions with President Nayib...
HYPE Plunges by 5% as BTC Price Slips Back to $108K: Market Watch
HYPE Plunges by 5% as BTC Price Slips Back to $108K: Market Watch
Jul 8, 2025
Bitcoins price ascent to almost $110,000 was short-lived, as most previous attempts, and the asset was pushed south by over two grand from top to bottom. Most altcoins are also in the red on a daily scale, including some larger-cap ones, such as HYPE, DOGE, and LINK. BTC Back to $108K The start of July was rather sluggish, but BTC...
Persistent Selling on Binance Derivatives Meets Stubborn Bitcoin Resilience
Persistent Selling on Binance Derivatives Meets Stubborn Bitcoin Resilience
Jul 8, 2025
For the past 45 days, Binance Derivatives has witnessed relentless sell-side activity from taker users. This is evident in the Cumulative Volume Delta (CVD), which remains negative throughout the period. Despite aggressive short positions via market sales, Bitcoin has maintained its range between $100,000 and $110,000 and has effectively absorbed the ongoing sell pressure. Bitcoin Absorbs Aggressive Shorts Binance traders...
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