Gentex stock falls on missed revenue forecast
Gentex President and CEO Steve Downing commented on the challenges faced during the quarter, noting that significant market weakness impacted vehicle production volumes and product mix, which led to a ...
Pennymac Financial shares fall on earnings miss
Pennymac Financial Services (NYSE: PFSI) stock declined 8% following the release of their fourth-quarter earnings, which fell short of investor expectations. The mortgage lender reported net income ...
Seven UK gang members sentenced for crypto investor torture
Friday brought closure for a cryptocurrency investor who endured months of torture and extortion by a gang in the UK. The culprits have been convicted and sentenced at Manchester Crown Court to prison ...
ResMed stock drops despite earnings beat
The decline in stock value comes as analysts express mixed views on the company's quarterly performance. While ResMed achieved a 10% revenue increase compared to the same quarter last year, some ...
Should you invest in Uber and Lyft shares amid Tesla, Waymo overhangs?
Uber and Lyft (NASDAQ: LYFT) shares faced pressure this week following a series of autonomous vehicle (AV) developments, including Tesla’s plans for self-drivin ...
AppFolio stock drops on lukewarm guidance
For the fourth quarter, AppFolio's revenue grew by 19% YoY to $204 million, and the company saw a 6% YoY increase in total units under management, reaching 8.7 million. However, GAAP operating income ...
LinkedIn lawsuit over use of customer data for AI models is dismissed
In a LinkedIn post on Thursday, Sarah Wight, a lawyer and vice president for the company, confirmed that LinkedIn did not disclose customers' private messages for AI training. "We never did that," she ...
Beazer Homes stock falls on disappointing earnings
Investing.com -- Shares of Beazer Homes (NYSE: BZH) tumbled 14% as the company's first-quarter earnings fell short of Wall Street expectations. The homebuilder reported a significant decline in ...
Fed Goolsbee sees solid inflation performance, expects lower rates in future
Goolsbee expressed satisfaction with the current inflation data, indicating it was slightly better than anticipated. He expressed confidence that the economy is on track for a 2% inflation rate.
Atlas Energy shares drop on public offering pricing
The offering includes 11,500,000 shares, aiming to raise total gross proceeds of $264.5 million. The company also granted ...
Veradigm stock tumbles after strategic review ends without agreement
Veradigm shares plummeted 40% following the conclusion of a strategic review process that did not result in a sale or other deal. The healthcare data and technology solutions provider, Veradigm ...
Trump to meet with Nvidia CEO on Friday, White House official says
U.S. President Donald Trump will meet with Nvidia (NASDAQ:NVDA) chief executive Jensen Huang at the White House on Friday, a ...