News

Roku shares are jumping Friday, after the streaming company posted better-than-estimated fourth-quarter results.

Moderna beat on fourth quarter 2024 earnings and was in line with estimates for full-year 2024 earnings.

News of the day for Feb. 14, 2025

Shares of Palo Alto Networks sank Friday morning despite the cybersecurity firm's results for the second quarter of fiscal 2025 coming in just above estimates.

The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line with U.S. President Donald Trump's demands although they might drive the region to jointly issue debt, ratings firm S&P Global has said. Despite almost doubling their defence expenditure since Russia annexed Ukraine's Crimea in 2014, European nations on average still spend below NATO's 2% of GDP guidelines, while the U.S. finances nearly two-thirds of NATO's military budget.

Television broadcasting and production company AMC Networks (NASDAQ:AMCX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 11.7% year on year to $599.3 million. Its non-GAAP profit of $0.64 per share was 38.8% below analysts’ consensus estimates.

Pakistan's largest bank, HBL, and global financial information and analytics firm S&P Global have launched a new index to track the country's manufacturing sector, the companies said on Friday. Rising taxes and power tariffs have led to social unrest and hammered industries in Pakistan's $350 billion economy, as it navigates a tricky path to recovery under a $7 billion IMF program approved in September. The HBL S&P Global Purchasing Managers' Index will be a standardized economic indicator based on a survey of a diverse panel of industries.