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Medtronic owes $382 million to medical device rival in antitrust lawsuit, US jury says
Reuters· 2026-02-05 22:43
Medical technology company Medtronic owes rival device manufacturer Applied Medical Resources $382 million in damages for unlawfully monopolizing the market for blood-vessel sealing surgical devices, ... ...
MGM China Reports 2025 Annual Results
Prnewswire· 2026-02-05 22:42
Revenue, Adjusted EBITDA and Marketshare Continued to Grow to All-Time High HONG KONG, Feb. 5, 2026 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the 12 months ended December 31, 2025 (the "Year"). The Group is pleased to see Macau continuing to grow in 2025. The city welcomed a record visitation of approximately 40 million in 2025, up from 34.9 milli ...
Affirm Stock Slips Despite Q2 Earnings Beat, Strong Guidance
Benzinga· 2026-02-05 22:42
Affirm Holdings, Inc. (NASDAQ:AFRM) shares slipped in Thursday's extended trading after the company released its second-quarter earnings report Here's a look at the key figures from the quarter. AFRM stock is moving. Watch the price action here.The Details: Affirm reported quarterly earnings of 37 cents per share, which beat the consensus estimate of 30 cents.Quarterly revenue came in at $1.12 billion, which beat the Street estimate of $1.06 billion.GMV (gross merchandise value grew 36% to $13.8 billion. Ac ...
Job openings drop to lowest level since 2020
Fastcompany· 2026-02-05 22:41
On Wednesday, payroll processor ADP reported that private employers added just 22,000 jobs last month, far fewer than forecasters had expected. And the outplacement firm Challenger, Gray & Christmas said Thursday that companies slashed more than 108,000 jobs last month, the most since October and the worst January for job cuts since 2009. "The hiring recession isn't going to end anytime soon,†Heather Long, chief economist at Navy Federal Credit Union, wrote in a commentary. "Job openings in December just fe ...
DPM Metals Extends Chelopech Mine Life to Ten Years; Provides Updated Mineral Reserve and Resource Estimate and Life of Mine Plan
Globenewswire· 2026-02-05 22:40
TORONTO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or “the Company”) is pleased to announce an update to the Mineral Resource and Mineral Reserve (“MRMR”) estimate and life of mine (“LOM”) plan for its Chelopech mine in Bulgaria. Highlights(All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.) Mine life extended to 10 years: Based on the updated Mineral Reserve estimate, mine life extends to 2036 for sustained av ...
Qualcomm shares fall on fourth quarter earnings
Youtube· 2026-02-05 22:39
Akos, it is good to see you. So, uh, let's dig into this. You beat on revenue and earnings for the quarter. Akos, your guidance misses consensus, and it sounds like the issue here, uh, it's memory tightness impacting handset builds. Just walk me through what you're seeing, Akos, and and how long do you think those memory constraints persist? Akos, you know, is it a quarter, two, longer? >> Of course. Well, great to see you first of all. Thanks for having me. uh we had an incredible results for the first qua ...
Microchip Tech forecasts quarterly profit below estimates as memory shortages bite
Reuters· 2026-02-05 22:38
Chipmaker Microchip Technology forecast fourth-quarter profit below Wall Street estimates on Thursday, raising concerns about the impact of a memory-supply crunch on the wider semiconductor industry. ...
The Late 2020's Currency Debasement Market: Rotate Into Gold, Commodities, And Out Of U.S. Equities
Seeking Alpha· 2026-02-05 22:37
Capital market leadership is rotating due to global currency debasement and shifting investment trends and models. Changing fundamental factors and attractive valuations are driving strength in commodities for their diversification, inflation resilience, and exposure to global growth. We foresee a continued late 2020s rotationTyson Halsey, CFA, founded Income Growth Advisors, LLC, a South Carolina based Registered Investment Advisor. Through his career, Halsey has researched and invested in technology, ener ...
Atlassian raises annual revenue forecast on resilient software spending
Reuters· 2026-02-05 22:36
Core Viewpoint - Atlassian has raised its fiscal 2026 revenue growth forecast, anticipating strong spending on enterprise software services as clients increasingly adopt artificial intelligence [1] Group 1: Revenue Growth Forecast - The company is betting on robust revenue growth driven by the integration of artificial intelligence into its services [1] Group 2: Client Spending Trends - There is a notable increase in client spending on enterprise software, indicating a shift towards more advanced technological solutions [1]
Eventbrite Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Eventbrite, Inc. - EB
Businesswire· 2026-02-05 22:35
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF†) are investigating the proposed sale of Eventbrite, Inc. (NYSE: EB) to Bending Spoons. Under the terms of the proposed transaction, shareholders of Eventbrite will receive $4.50 in cash for each share of Eventbrite that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether. ...