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Western Digital forecasts strong quarterly earnings on rising cloud storage demand
Reuters· 2025-10-30 22:00
Group 1 - The company, Western Digital, forecasts second-quarter earnings that exceed Wall Street estimates, indicating a positive outlook for its financial performance [1] - The anticipated increase in earnings is attributed to higher demand for data storage products, driven by cloud providers expanding their data center capacity [1]
Australia's ANZ flags over $721 million profit hit in second half
Reuters· 2025-10-30 21:54
Core Viewpoint - ANZ has announced a significant impact on its second-half earnings, projecting a hit of A$1.11 billion ($721.28 million) after tax due to one-off charges related to restructuring and other matters [1] Financial Impact - The projected earnings hit of A$1.11 billion ($721.28 million) indicates a substantial financial burden for ANZ in the upcoming reporting period [1] Restructuring Charges - The one-off charges are primarily associated with restructuring efforts, highlighting the company's ongoing adjustments to its operational strategy [1]
Trump nuclear testing order may boost Honeywell, BWX Technology and others
Reuters· 2025-10-30 21:50
President Donald Trump's order for the Defense Department to start testing nuclear weapons could lead to billions of dollars' worth of contracts for a handful of specialized companies that dominate the United States' nuclear weapons infrastructure. ...
Gloo, with former Intel CEO Gelsinger as tech head, seeks nearly $900 million valuation in IPO
Reuters· 2025-10-30 21:48
Group 1 - Gloo Holdings, a religious-oriented technology firm, is aiming for a valuation of up to $873.4 million in its U.S. initial public offering [1] - The filing indicates a strong momentum for fresh offerings in the market [1]
Ecopetrol, Petrobras announce joint venture to market natural gas from Colombia's Sirius project
Reuters· 2025-10-30 21:32
Core Insights - Colombia's state-run energy company Ecopetrol and Brazil's state-run oil firm Petrobras have formed a partnership for the joint marketing of natural gas from Colombia's Sirius project [1] Company Summary - Ecopetrol is a state-run energy company in Colombia that is involved in the exploration and production of oil and gas [1] - Petrobras is a state-run oil firm in Brazil, also engaged in oil and gas operations [1] Industry Summary - The partnership between Ecopetrol and Petrobras highlights a collaborative effort in the natural gas sector, particularly focusing on the Sirius project in Colombia [1]
Meta to issue bonds worth up to $30 billion
Reuters· 2025-10-30 21:31
Social media giant Meta Platforms will raise funds through bond offerings worth up to $30 billion, it said in a filing on Thursday. ...
GoDaddy raises 2025 revenue forecast on AI-driven demand
Reuters· 2025-10-30 21:24
Group 1 - GoDaddy raised its annual revenue outlook, indicating a positive growth trajectory for the company [1] - The increase in sales is attributed to the integration of artificial intelligence features into its internet hosting services [1]
JetBlue plane diverts to Tampa, injuries reported after flight issue
Reuters· 2025-10-30 21:08
Core Points - A JetBlue Airways flight experienced a flight control issue while traveling from Cancun, Mexico, to New Jersey, leading to a diversion to Tampa and resulting in some passenger injuries [1] Group 1 - The flight was diverted due to a flight control issue, indicating potential operational challenges for JetBlue Airways [1] - The incident raises concerns about passenger safety and the effectiveness of the airline's maintenance protocols [1]
Edwards Lifesciences beats quarterly estimates on strength in heart devices
Reuters· 2025-10-30 21:02
Edwards Lifesciences beat Wall Street estimates for third-quarter results on Thursday, driven by strong demand for its artificial heart valves and other medical devices, with shares rising about 3% in... ...
Netflix announces ten-for-one forward stock split
Reuters· 2025-10-30 20:41
Netflix on Thursday announced a ten-for-one forward stock split plan of its common stock, making the company's shares more affordable for retail investors. ...