U.S. President Donald Trump speaks to reporters after signing a proclamation renaming the Gulf of Mexico to the Gulf of America, while flying over the gulf aboard Air Force One en route to New Orleans to attend the Super Bowl, February 9, 2025. Kevin Lamarque | ReutersA federal judge on Monday denied a request by the Associated Press to restore full access for the news agency’s journalists after President Donald Trump’s administration barred them for continuing to refer to the Gulf of Mexico in coverage.U.S. District Judge Trevor McFadden, a Trump appointee, declined to immediately grant the AP’s request for a…
Author: usaeverydaylife
President Vladimir V. Putin on Monday said American companies could do lucrative business deals in Russia and even help mine rare earths in Russian-occupied Ukraine, further amplifying the Kremlin’s message to President Trump that there was money to be made from a better relationship with Moscow.Mr. Putin, speaking in an interview with Russian state television that was released late Monday, said that Russia had an “order of magnitude” more of rare earth metals than Ukraine and that Moscow was “ready to work with our foreign partners, including the Americans,” in developing those deposits.He said the invitation applied to Russian-occupied Ukraine,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyThe ‘Fast Money’ traders talk Hims & Hers shares falling despite beat as concerns around weight-loss business escalate.05:1119 minutes ago Source link
Check out the companies making headlines in after-hours trading: Hims & Hers Health — The telehealth stock fell more than 17%. Hims & Hers reported a gross margin of 77% for the fourth quarter, while analysts polled by StreetAccount expected 78.4%. This overshadowed the company’s top- and bottom-line beats for the quarter. Zoom Communications — Shares of the video-conferencing company fell about 1% after Zoom Communications delivered a revenue outlook that narrowly missed analysts’ expectations. The company is calling for full-year revenue of $4.79 billion to $4.80 billion, while analysts polled by LSEG looked for $4.81 billion. Cleveland-Cliffs — The…
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City.Carlo Allegri | ReutersHims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin.Here’s how the company did, compared to analysts’ consensus estimates from LSEG:Earnings per share: 11 cents vs. 10 cents expectedRevenue: $481 million vs. $470 million expectedRevenue at the telehealth company increased 95% in the fourth quarter from $246.6 million during the same period last year, according to a release.However, the company’s…
By David DeChant, Jourdan Rodrigue and Vic TafurThe negotiating window for NFL free agency opens in two weeks, and teams will have a little extra to spend after the 2025 salary cap came in higher than expected.Unfortunately for them, this free-agent class might be one of the weakest in recent memory, particularly at the top. Even so, some teams still will find value, as the Super Bowl champion Philadelphia Eagles did last spring.These are our top 150 free agents, ranked using a host of factors — including production, physical traits, age, injury and potential — and split into eight tiers.A…
Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBCChegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company’s traffic and revenue.The legal move come nearly two years after former CEO Dan Rosensweig said students engaging with OpenAI’s ChatGPT assistant were cutting into Chegg’s new customer growth.Chegg is worth less than $200 million, and in after-hours trading Monday, the stock was trading just above $1 per share. Chegg has engaged Goldman Sachs and will look at strategic options, including getting…
Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCAnthropic is in talks to raise a $3.5 billion funding round, significantly more than the amount previously expected, CNBC has confirmed. The round would roughly triple the artificial intelligence startup’s valuation to $61.5 billion, according to two sources familiar with the deal, who asked not to be named because the details aren’t public. Lightspeed Ventures is leading the funding, with participation from General Catalyst and others, the sources said.The financing, which was first reported by the Wall Street…
Berkshire Hathaway’s stock should reach new highs in the coming months, according to Ari Wald, head of technical analysis at Oppenheimer. Wald appeared on CNBC’s ” Power Lunch ” on Monday to offer his view on the Warren Buffett -led conglomerate, as well as two other market movers. Here’s what he had to say. Berkshire Hathaway Berkshire Hathaway’s stellar earnings report on Saturday sent both its A shares and B shares about 4% higher on Monday. The company’s fourth-quarter operating profit, which are earnings from its wholly owned businesses, soared 71% to $14.5 billion. A shares are out of reach…
The entrance to a JOANN Fabric and Crafts store slated to close on February 13, 2025 in Miami, Florida. Joe Raedle | Getty ImagesFabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open.In a statement, the company said it would commence nationwide going-out-of-business sales as a stipulation of the group that won its assets at auction.”JOANN leadership, our Board, advisors and legal partners made every possible effort to pursue a more favorable outcome that would keep the company in business,” the company said. “We are committed to working…
