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hp issues disappointing profit forecast amid slow pc market recovery

HP Inc. has issued a profit outlook for the fiscal first quarter that falls short of analyst expectations, projecting earnings of 70 to 76 cents per share, while analysts had anticipated 86 cents. For the fiscal year, the company expects profits between $3.45 and $3.75 per share, below the average estimate of $3.60. This indicates ongoing challenges in the recovery of the personal computer market.
bloomberg.com
HP Inc. USA Show more
Finance & Economy, Market Report
22:20 26.11.2024

Paycor to Present at UBS Global Technology and AI Conference in December

Paycor HCM, Inc. will present at the UBS Global Technology and AI Conference in Scottsdale, Arizona, on December 4, 2024, at 12:55 pm Mountain Time. The presentation will be available for live webcast and later replay on Paycor’s investor relations website. Paycor offers a comprehensive human capital management platform that enhances employee engagement and retention through data-driven insights and expert guidance.
GlobeNewswire News Room
United States Dollar USA Rachel Whiteread
TradFi, Press Release
22:15 26.11.2024

workday shares drop on disappointing quarterly forecast and future growth concerns

Workday shares fell 11% in after-hours trading following a quarterly forecast that missed Wall Street expectations, projecting a 25% adjusted operating margin and $2.03 billion in subscription revenue. Despite a 16% year-over-year revenue growth in the fiscal third quarter, the company faces increased deal scrutiny globally and aims to expand in the U.S. government sector. CEO Carl Eschenbach announced the acquisition of Evisort and the introduction of AI tools by 2025, anticipating a positive impact on future bookings and revenue.
CNBC
United States Dollar Salesforce, Inc. Google Inc. UiPath Inc. Workday, Inc. SAP SE Oracle Corporation Evisort USA Zane Rowe Carl Eschenbach Doug Robinson Rob Enslin Show more
Finance & Economy, Market Report
22:15 26.11.2024

private equity backed ipos in us poised for significant recovery

Private equity-backed initial public offerings (IPOs) in the US are set for a resurgence as the market shows signs of revival. Last year, these companies raised only $8.7 billion in IPO exits, a stark contrast to the pre-pandemic average of $45.1 billion, impacted by high interest rates and geopolitical uncertainties.
Bloomberg.com
PitchBook USA
Finance & Economy, Market Report
22:12 26.11.2024

Nordstrom Raises Annual Forecast Amid Retail Sector Challenges

Nordstrom has raised its annual outlook, demonstrating resilience amid broader retail challenges. The company's ability to navigate the current market conditions highlights its strategic positioning and operational strength. This positive adjustment reflects confidence in future performance.
Bloomberg.com
Nordstrom, Inc. USA
Finance & Economy, Market Report
22:11 26.11.2024

dell reports disappointing sales as pc market recovery falters

Dell Technologies Inc. reported fiscal third-quarter revenue of $24.4 billion, a 10% increase, but fell short of analysts' expectations of $24.6 billion. The company's personal computer business saw a 1% decline, totaling $12.1 billion, indicating a setback in the recovering PC market.
bloomberg.com
United States Dollar Dell Technologies Inc. USA
Finance & Economy, Market Report
22:09 26.11.2024

Dell shares drop on weak forecast despite strong AI sales growth

Dell Technologies reported fiscal third-quarter earnings that exceeded expectations for earnings per share but fell short on revenue, leading to a 10% drop in shares after hours. The company forecasted fourth-quarter revenue between $24 billion and $25 billion, below analyst expectations, despite a 34% revenue increase in its Infrastructure Solutions Group driven by AI sales. Demand for AI systems remains strong, with a $4.5 billion pipeline of future orders, as customers await Nvidia's next-generation Blackwell chips.
CNBC
United States Dollar HPE AMD Dell Inc. NVIDIA Corporation Super Micro Computer, Inc. Intel USA Michael S. Dell Jensen Huang Show more
Technology & Innovation, Market Report
22:07 26.11.2024

French government faces no-confidence threat amid budget crisis and rising tensions

French Prime Minister Barnier faces a potential government collapse as he seeks to pass his budget using a constitutional maneuver that could invite no-confidence motions. The far-right National Rally, led by Marine Le Pen, threatens to support such a motion unless Barnier abandons proposed tax increases and spending cuts. This political turmoil could trigger a eurozone crisis amid economic challenges in Europe.
POLITICO
United States Dollar Euro National Rally DEU USA GRC FRA Marine Le Pen Michel Barnier Show more
Finance & Economy, News Article
22:06 26.11.2024

western union to present at ub s global technology and ai conference

Western Union will present at the UBS Global Technology and AI Conference on December 4th at 2:55 p.m. Mountain Time, featuring comments from CFO Matt Cagwin. The presentation will be available via webcast on their investor relations website, with an archived version accessible afterward. The company aims to provide accessible financial services globally, connecting consumers, businesses, and governments across over 200 countries and territories. For more information, visit www.westernunion.com.
Yahoo Finance
United States Dollar The Western Union Company USA Matt Cagwin
TradFi, Press Release
22:05 26.11.2024

apan chip distributor macnica seeks acquisitions in asia amid industry pressures

Macnica Holdings Inc., a leading Japanese chip distributor, is exploring acquisition opportunities in Asia, including China and India, to enhance its competitiveness against larger rivals. President Kazumasa Hara emphasized the need for scale amid ongoing technological tensions between the US and China, which have led to export controls and supply chain challenges.
bloomberg.com
United States Dollar Indian Rupee Chinese Yuan South Korean Won Intel Corporation JPN Kazumasa Hara
Technology & Innovation, Market Report
22:00 26.11.2024
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