Ubiquiti reported its biggest quarter ever with Q4 adjusted EPS of $4.73 beating estimates by 17.28% and revenue of $937.32 million up 10.21%. Enterprise Technology revenue grew 27.7% year-over-year, driving full-year revenue to $3.27 billion and net income to $960.3 million. The company raised its quarterly dividend by 25% to $1.00 per share, mostly benefiting insiders who own over 93% of shares. Despite strong results, shares fell after opening higher due to concerns over compressed gross margins and rising costs. Investors will watch if enterprise demand can offset margin pressures and if insider share activity changes.
CoreWeave's stock is projected to nearly double to $166.75 by August 2027, driven by a 112% revenue increase and a $104 billion backlog. Despite heavy cash burn and rising interest expenses, the company is expanding rapidly with strong demand for AI ...
Bitcoin's Relative Strength Index (RSI) surged above 80, reaching levels not seen since November 2024, driven by a massive short squeeze that liquidated over $3 billion in short positions within 24 hours. This forced buying pushed Bitcoin's price fro...
Netflix is developing 'Kildare,' a prequel series set 20 years before Outer Banks, focusing on the social divide between Kooks and Pogues. This new show, created by the original Outer Banks team, aims to explore the origins of the island's class spli...
Eli Lilly has solidified its dominance in the global obesity drug market, maintaining a 60-61% market share in the US despite rising competition and pricing challenges. The company continues to grow through increasing prescriptions and expanding glob...
After nearly 10 months of sideways and downward movement, Bitcoin has reversed course, breaking above its 200-day moving average near $69,000. This shift from bearish to bullish sentiment is driven by traders and funds moving from short positions to ...
