Salesforce shares took a hit initially, sliding as much as 6% after the business software maker issued a light revenue forecast for the new fiscal year. However, the shares managed to rebound and ended up rising 1% in extended trading. This fluctuation showcases the uncertainty and volatility in the market in response to Salesforce’s forecast.
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Paramount Global surprised investors with a quarterly profit, despite missing revenue expectations for the fourth quarter. The company reported earnings per share of 4 cents, beating Wall Street’s projected loss of 1 cent. However, revenue came in at $7.64 billion, falling short of the expected $7.85 billion. This mixed performance reflects the challenges faced by
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First Solar has recently reported another strong quarter, with net income seeing a 30% year-over-year increase to $349.2 million. The company’s earnings per share of $3.25 exceeded estimates, while revenue slightly missed consensus forecasts. Despite this, the stock jumped as much as 9% on the back of this solid performance. It is currently up about
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Recent studies have shown that ultra-high-net-worth individuals in America are prioritizing a better lifestyle and strong investment opportunities when it comes to their next real estate purchase. These individuals, worth $30 million or more, are looking to buy residential properties this year. The average ultra-high-net-worth individual already owns four homes, with one-quarter of their residential
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Rocket Lab recently reported its fourth-quarter results, showcasing a net loss of $50.5 million for the quarter. Despite the loss, the company’s revenue grew by 16% year over year, reaching $60 million. However, the revenue fell slightly below Wall Street expectations of $62.9 million. Rocket Lab’s full-year loss also widened to $182.6 million, highlighting the
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