MoneyLion (NYSE: ML) will participate in the UBS Global Technology and AI Conference on December 4, 2024, in Scottsdale, AZ. The company, a digital platform for consumer finance, aims to empower individuals to make informed financial decisions through its innovative products and services. For one-on-one meeting requests, contact MoneyLion’s investor relations team.
22:30 26.11.2024
A bearish sentiment is emerging in the interest-rate options market, indicating that traders expect Treasury yields to rise significantly in the near future. There has been notable demand for bearish hedges through put options on 10-year notes set to expire on December 27, with additional positioning in February options ahead of President-elect Donald Trump's inauguration.
Elon Musk is assembling a group of investors and tech entrepreneurs, characterized as budget-slashing billionaires, who aim to significantly reduce the size of the federal government. This coalition is poised to influence major policy decisions and reshape government spending priorities.
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.
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.
22:15 26.11.2024
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.
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.
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.
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.
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.
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