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SolarEdge’s Tough Q3: Revenue Miss, Multi-Billion Impairment, Bleak Forecast & More
SolarEdge Technologies reported lower third-quarter results with revenues of $260.9 million and adjusted EPS loss of $(15.33). The company also announced a $1.03 billion write-down and impairment of assets. Fourth quarter outlook is lower than consensus. read more
Albemarle Adjusts To Lower-For-Longer Lithium Prices, Cuts Capex, Announces Layoffs
Albemarle Corp reports net loss of $1.1b due to low lithium prices, announces cost-cutting measures; maintains outlook and expects surge in demand. read more
US Futures, European Stocks Rally Post-Trump Victory While Crude Oil And Gold Decline – Global Markets Today While US Slept
U.S. markets closed at record highs after Trump’s election win. Tesla soared, yields rose, and most S&P 500 sectors gained. Asia/Europe markets mixed. read more
Palantir’s Stock Pulls Back In Thursday’s Pre-Market After Hitting Record Highs: What’s Going On?
The rise in Palantir shares was in line with a broader market rally after Donald Trump secured victory in the presidential race. read more
CrowdStrike Expands Cybersecurity Reach In Europe And Launches AI Red Team Services
CrowdStrike expands partnership with Ignition Technology to drive cybersecurity transformation in Ireland through AI-driven protection and acquisitions. read more
YouTube Trumps Rivals In Election Day Coverage With 80% Viewership Share In Streaming
The 2024 U.S. presidential election was one of the biggest events of the year, and it showed in the record-breaking livestream viewership across platforms on election day. read more
Nvidia Partners With AI Startup Hugging Face To Supercharge Open Source Robotics
NVIDIA Corp has partnered with Hugging Face to advance robotics research and development using open-source artificial intelligence technology. read more
Amazon’s Andy Jassy Says ‘I Hate Bureaucracy’ As He Plans To Slash Managerial Layers: ‘The Goal Again Is… To Move More Quickly’
Amazon CEO Andy Jassy announced plans to streamline the company’s management layers to boost agility and counteract bureaucracy, aiming to preserve Amazon’s fast-paced culture. read more