Financial information - Donnecommebernard

Why SoFi Technologies Stock Plunged 12.5% After Earnings

October 29, 2024 | angela | Leave a Comment

SoFi Technologies (NASDAQ:SOFI) The stock fell 12.5% as of 9:45 a.m. ET Tuesday, despite beating on sales and profit in its earnings report this morning. Looking at earnings, analysts forecast that the online bank would post earnings of $0.04 per share on $632.3 million. In fact, SoFi reported earnings of $0.05 per share and revenue […]

Tesla unexpectedly reports a profit of $2.17 billion in the third quarter, up 17.3% from a year ago

October 23, 2024 | angela | Leave a Comment

Tesla unexpectedly reports a profit of .17 billion in the third quarter, up 17.3% from a year ago

DETROIT (AP) — Tesla's net profit rose 17.3% in the third quarter from a year earlier as electric vehicle sales rose. The Austin, Texas-based company said Wednesday that it earned $2.17 billion from July to September, higher than its profit of $1.85 billion in the same period in 2023. The profit came despite price cuts […]

Lumen and Meta join forces to advance the expansion of the AI network

October 21, 2024 | angela | Leave a Comment

Lumens Private Connectivity Fabric℠ enables long-term network capacity for Metas AI DENVER, Oct 21, 2024 /PRNewswire/ — Lumen Technologies (NYSE: LUMN) and Meta are collaborating to significantly increase Meta's network capacity and advance its ambitious AI ambitions. The expanded network will provide a dedicated connection for Meta's industry-leading infrastructure, strengthening and increasing the company's leadership […]