Catenaa, Friday, March 07, 2025- Broadcom recorded more than expected revenue in the first quarter of 2025, the company reported on Thursday, with 25% growth year over year driven by Artificial Intelligence (AI). Chipmaker’s revenue stood at $14.9 billion for the first quarter, while adjusted net income came in at $7.82 billion, up from $5.25 billion a […]

Catenaa, Tuesday, March 04, 2025– Target reported reduced sales in the fourth quarter of 2024, the company reported on Tuesday, as sales fell by 3.1% from a year earlier with reduced consumer spending. Target’s sales fell to $ 30.91 billion from $ 31.9 billion, but that beat expectations. The net income of $1.1 billion, or $2.41 per […]

Catenaa, Friday, January 17, 2024 (Wrapup) – US banks posted strong Q4 2024 earnings as market activity rebounded. JPMorgan led with record profits, while Goldman Sachs highlighted revenue growth. Bank of America exceeded estimates with notable gains in investment banking and trading. Wells Fargo saw a sharp rise in profits despite flat revenue. Leaders cited […]