CCOI Reports Significant Year-Over-Year Growth and Increases Quarterly Dividend
Organic Growth and Operational Efficiency Drive Performance Amid Economic Challenges
Despite Full-Year Declines, Q4 Shows Strong Performance with Notable Increases in Net Income and Adjusted EBITDA
Robust Financial Performance Highlighted by Doubling of Funds from Operations Per Share
Wall Street is focused on critical inflation data as investors look for clues about the Federal Reserve's next move. This morning, we got the reading on January PCE, the central bank's preferred data point regarding inflation. In tech, Snowflake (SNOW) shares are plunging this morning after the company announced CEO Frank Slootman is retiring. Slootman was at the helm when the company went public in 2019. Other top names on the move this morning include Salesforce (CRM), whose earnings topped expectations, and Birkenstock (BIRK), which topped revenue estimates in its first report since going public. Yahoo Finance trending tickers include C3.ai (AI), Dogecoin (DOGE-USD), and Okta (OKTA). Key guests include:9:40 a.m. ET - Tom Siebel, C3 AI CEO9:50 a.m. ET - John Fieldly, Celsius CEO10:15 a.m. ET - Rajiv Ramaswami, Nutanix CEO10:30 a.m. ET - Albert Manifold, CRH CEO11:15 a.m. ET - Mike McNamara, Samara CEO11:40 a.m. ET - Brett Schulman, Cava CEO
Major Chinese third-party retailers JD.com, TMall, and Pinduoduo are battling for customers by offering more steep discounts on Apple's iPhone 15 just five months after launch, as the U.S. tech company suffers slowing sales in China. The latest round of discounting comes after online retailers in October offered similar substantial discounts. Third-party retailers are also offering discounts of as much as 10% on Apple's iPhone 14 Pro.
ALGIERS, Algeria (AP) — Algeria is looking to cast itself as a critical supplier of natural gas for European countries seeking to lessen their dependence on Russia as it welcomed Thursday envoys from energy rich nations to a key summit. For three days, Algeria will host leaders from 13 other nations in its capital of Algiers, including Russia, Iran, Qatar and Venezuela as the industry confronts waning demand for oil and gas and new competition from renewable energy sources. The summit will offer
Although the nation's gender pay gap is slowly closing, there's still a long way to go to reach equality. During the 2023 fourth quarter, the median weekly earnings for women amounted to 83.8% of the...
Are there plans to expland it like the Dollar Tree on the east side of town?
James Cleverly called her murder by Met Police officer Wayne Couzens an ‘act of pure evil’ that ‘shocked the nation to its core’.
Investment management company Ave Maria recently released its “Ave Maria Growth Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The total return of the fund in the fourth quarter was 14.25% compared to the 11.69% return for the S&P 500 Index. For the full year, the fund returned 30.29% […]
Myers, one half of the motorbike-riding TV cooking duo, was diagnosed with cancer two years ago.
Family of murdered marketing executive say ‘she would never have got into a stranger's car’ as they respond to scathing inquiry into case
In the latest quarter, strong demand from federal customers helped C3.ai's subscription revenue increase 23% to $70.4 million and beat analysts' average estimate of $66.77 million, according to LSEG data. Subscription revenue is about 90% of total revenue. "The company is having notable success in the federal sector while signing more multi-year subscription agreements that trend similarly to consumption revenue behavior," said D.A. Davidson analyst Gil Luria.
The Smokehouse Creek Fire has razed 500,000 acres north of the city of Amarillo and was uncontained.
Nutritionists debunk social media's latest #brainfood claims.
MONTREAL — Laurentian Bank of Canada reported a first-quarter profit of $37.3 million, down from $51.9 million a year earlier. The Montreal-based bank says the profit amounted to 75 cents per diluted share for the quarter ended Jan. 31, down from a profit of $1.09 per diluted share in its first quarter last year. Revenue totalled $258.3 million, down from $260.1 million a year earlier. The results came as Laurentian's provision for credit losses totalled $16.9 million, up from $15.4 million in i
A grouping of Pacific islands, including Fiji, Papua New Guinea and the Solomon Islands, are opposing a draft deal on changes to fisheries subsidies at the World Trade Organization talks in Abu Dhabi, arguing that it does not go far enough. Fiji Deputy Prime Minister Manoa Seru Kamikamica said the current text did not address the Pacific Islands' concerns about the environment and argued a cap on current subsidies would be a better way forward. He said the Pacific Islands were struggling to be heard as the United States, China, Japan and others sought consensus on the text which is intended to help protect overfished stocks.
Snowflake was a big earnings loser late, but several tech stocks jumped. The Fed's key inflation gauge is on tap.
RICHMOND, Va. (AP) — Brink's Co. (BCO) on Thursday reported a fourth-quarter loss of $6 million, after reporting a profit in the same period a year earlier. The Richmond, Virginia-based company said it had a loss of 13 cents per share. The armored car company posted revenue of $1.25 billion in the period.