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Atmos Energy posts higher quarterly profit on strength in gas distribution, pipelines
Reuters· 2026-02-03 22:44
Core Insights - Atmos Energy reported a 14.5% increase in first-quarter profit, driven by strong demand for its gas distribution and pipeline facilities [1] Company Performance - The profit rise indicates robust operational performance within the natural gas utility sector, highlighting the effectiveness of Atmos Energy's distribution and pipeline services [1]
Amazon's AWS CEO says orbital data centers 'pretty far' from reality
Reuters· 2026-02-03 22:31
Core Viewpoint - Amazon's top cloud computing executive indicated that the development of space-based data centers is still a long way off, despite interest from various startups and the company's founder, Jeff Bezos [1] Group 1 - The concept of space-based data centers is being explored by several startups [1] - Jeff Bezos, the founder of Amazon, has shown interest in the idea of space-based data centers [1] - The current status of space-based data centers is that they are "pretty far" from becoming a reality according to Amazon's cloud computing leadership [1]
Suncor beats quarterly profit views as production rises
Reuters· 2026-02-03 22:26
Core Viewpoint - Suncor Energy reported better-than-expected profits for the fourth quarter, driven by increased oil production [1] Group 1: Financial Performance - The company exceeded profit estimates for the fourth quarter [1] - Higher oil production contributed significantly to the improved financial results [1]
Super Micro Computer raises annual revenue forecast amid strong demand for its servers
Reuters· 2026-02-03 22:01
Super Micro Computer raised its annual revenue forecast on Tuesday, anticipating robust demand for its AI-optimized servers would continue as companies expand their data center capacity. ...
EA beats quarterly bookings estimates powered by new 'Battlefield' game
Reuters· 2026-02-03 21:59
Core Insights - Electronic Arts exceeded expectations for third-quarter bookings, driven by strong sales of its new "Battlefield" title and positive indicators from its best-selling franchises [1] Group 1: Financial Performance - The company reported higher-than-expected bookings for the third quarter, indicating robust financial health [1] - Strong sales from the new "Battlefield" title contributed significantly to the overall performance [1] Group 2: Market Trends - The positive results suggest that Electronic Arts' strategic investments in its popular franchises are beginning to pay off [1] - The performance reflects a broader trend in the video game industry, where successful new releases can significantly impact financial outcomes [1]
Jack Henry second-quarter profit rises on strong bank tech demand
Reuters· 2026-02-03 21:53
Core Insights - Jack Henry & Associates reported a higher second-quarter profit, attributed to strong demand for its banking technology offerings [1] Company Performance - The increase in profit indicates robust performance in the banking technology sector, reflecting a positive trend in demand for such services [1]
Skyworks Solutions forecasts upbeat earnings as 5G adoption lifts chip demand
Reuters· 2026-02-03 21:45
Skyworks Solutions forecast second-quarter earnings above estimates on Tuesday, signaling strong demand for its chips used in 5G phones. ...
Emerson Electric lifts profit forecast floor on automation demand
Reuters· 2026-02-03 21:40
Emerson Electric on Tuesday posted higher first-quarter profit and raised the bottom end of its 2026 adjusted per-share profit forecast, helped by strong demand for industrial automation equipment. ...
Mondelez forecasts annual revenue, profit below expectations
Reuters· 2026-02-03 21:22
Core Viewpoint - Mondelez International, the parent company of Cadbury, has projected annual revenue and profit figures that fall short of Wall Street expectations, indicating a shift in consumer behavior towards lower-priced products [1] Group 1: Financial Forecast - The company forecasts annual revenue and profit below Wall Street estimates, reflecting challenges in the premium segment of its product offerings [1] - Shoppers are increasingly opting for cheaper alternatives instead of higher-priced chocolates and biscuits, impacting sales [1] Group 2: Consumer Behavior - There is a noticeable trend of consumers trading down from premium products to more affordable options, which may affect the overall market dynamics for confectionery and snack products [1]
AMD forecasts first-quarter revenue above estimates
Reuters· 2026-02-03 21:20
Advanced Micro Devices forecast first-quarter sales above market estimates on Tuesday, betting on robust demand for its artificial intelligence chips from massive data center capacity expansions to po... ...