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Earnings call: Liberty Energy reports robust Q1 results, plans for growth

 stock analyst  04/19/2024  0 Comments on Earnings call: Liberty Energy reports robust Q1 results, plans for growth

Liberty Energy (ticker: LBRT) has reported strong financial performance in the first quarter of 2024, with revenue reaching $1.1 billion and adjusted EBITDA standing at $245 million.

Vietnam continues support for bank engulfed in massive fraud, central bank says

 stock analyst  04/19/2024  0 Comments on Vietnam continues support for bank engulfed in massive fraud, central bank says

HANOI (Reuters) – Vietnam\’s central bank said on Friday it had continued providing support to Saigon Joint Stock Commercial Bank (SCB), which it put under special supervision in October 2022 after a run on its deposits.

Australia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions

 stock analyst  04/19/2024  0 Comments on Australia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions

(Reuters) – The Federal Court of Australia has fined Macquarie Bank A$10 million ($6.4 million) for its lack of controls to detect and prevent unauthorised fee transactions carried out by third parties on customer accounts, the securities regulator said on Friday.

Can Schneider do a deal for Bentley? Citi discusses

 stock analyst  04/19/2024  0 Comments on Can Schneider do a deal for Bentley? Citi discusses

Reuters reported on Thursday that Bentley Systems (BSY), an engineering software company valued at nearly $16 billion, is considering various strategic options, including a potential sale, following acquisition interest from other companies.

Snap-On misses quarterly sales estimates on weak demand for power tools

 stock analyst  04/18/2024  0 Comments on Snap-On misses quarterly sales estimates on weak demand for power tools

(Reuters) – Snap-On missed Wall Street estimates for first-quarter sales on Thursday, as vehicle service and repair technicians bought fewer tools and equipment made by the company, offsetting steady demand for its products from auto dealerships.

These are the 3 main avenues for Apple to monetize AI according to Bernstein

 stock analyst  04/18/2024  0 Comments on These are the 3 main avenues for Apple to monetize AI according to Bernstein

Bernstein analysts said Thursday that Apple (NASDAQ:AAPL) “appears serious” about building its AI expertise, particularly when it comes to on-device AI technologies.

Goldman says it will take time for Tesla to ramp robotaxi, FSD revenue

 stock analyst  04/18/2024  0 Comments on Goldman says it will take time for Tesla to ramp robotaxi, FSD revenue

Investor interest in Tesla\’s (NASDAQ:TSLA) Advanced Driver-Assistance Systems (ADAS) and autonomous driving software has surged recently, including the company’s much-debated Full Self-Driving (FSD) consumer offering and potential robotaxi services.

Google terminates 28 employees for protest of Israeli cloud contract

 stock analyst  04/18/2024  0 Comments on Google terminates 28 employees for protest of Israeli cloud contract

(Reuters) – Google said on Thursday it had terminated 28 employees after some staff participated in protests against the company\’s cloud contract with the Israeli government.