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Sopa Images | Light Rocket | Getty Imagesreddit Shares rose 6% in after-hours trading Thursday after the company reported fourth-quarter results that beat revenue and bottom line and gave strong outlook for early 2026.Here’s how LSEG’s estimates compare to the company’s performance.Earnings per share: $1.24 vs. 94 cents expected Earnings: $726 million vs. $665 million expectedThe company said it expects first-quarter sales to be in the range of $595 million to $605 million, higher than Wall Street’s estimate of $577 million. Adjusted earnings for the first quarter are expected to be between $210 million and $220 million, beating Street estimates…
The United States is developing a plan with Mexico, the European Union and Japan to introduce minimum prices for critical minerals, the Office of the U.S. Trade Representative said Wednesday. The Trump administration is seeking a partnership with Mexico in critical minerals as part of a review of the U.S.-Mexico-Canada Trade Agreement (USMCA), scheduled for July 1. Trade Representative Jamieson Greer said the potential partnership would “address global market distortions that have disrupted North America’s critical mineral supply chain.” Greer described Wednesday’s announcement with Mexico as an “action plan” to be implemented over the next 60 days. The U.S. and…
OpenAI has launched new products to help enterprises navigate the world of AI agents, focusing on agent management as a critical infrastructure for enterprise AI deployments. On Thursday, AI giant OpenAI announced the launch of OpenAI Frontier, an end-to-end platform designed to build and manage AI agents for enterprises. Since it is an open platform, users can also manage agents built outside of OpenAI. Frontier users can program AI agents to connect to external data and applications, allowing them to perform tasks far outside the OpenAI platform. Of course, users can also limit and control what these agents can access…
Dr. Martens’ Buzz shoes officially turn one year old this year, and this milestone proves one thing. Thick platforms mean they’re not going anywhere. When the archive-inspired Buzz Sole returned last year, it ushered in a new era for the brand with its rounded edges, bouncy feel and unmistakable nod to ’90s footwear. Twelve months later, demand hasn’t slowed down, especially now that two new Wyoming Leather silhouettes have arrived. Known for its soft, blended feel, Wyoming leather adds a more relaxed look to the Buzz lineup, giving longtime fans new reasons to revisit the platform. The sole itself is…
On January 9, 2026, a “Help Wanted” ad appears in Manhattan, New York City.Spencer Pratt | Getty ImagesThe Bureau of Labor Statistics announced Wednesday that the January employment report will be released next week after being delayed due to the brief government shutdown.The report, which is currently in the spotlight, is scheduled to be released on February 11, five days later than the original release date, according to the revised schedule.In addition, the BLS is scheduled to release its Recruitment and Turnover Survey on Thursday, which was originally scheduled for Tuesday. There are other delays as well. The consumer price…
On Friday, when SpaceX submitted plans to the FCC for a 1 million-satellite data center network, you might have thought Elon Musk was having a little fun with us. But after a week, it became clear that he was getting serious. The most obvious step, of course, is the formal merger of SpaceX and xAI, which moved forward on Monday, and if any joint infrastructure projects are planned, it would formally unite Musk’s space and AI ventures in a more meaningful way. But even beyond mergers, we’re starting to see the idea of orbital AI data clusters (essentially networks of…
The next move for Amazon’s cloud leadership, and perhaps its stock price, will depend on whether growth in that side of the business continues to reaccelerate. Custom AI chips are key to that effort. Investors widely believe that Amazon’s stock price, which also dominates e-commerce, is driven primarily by the fortunes of its Amazon Web Services cloud division, which generates most of the company’s operating profits. That’s why AWS performance is the most important factor for Amazon’s market value, and despite last year’s worst Magicent Seven, its market value remains close to $2.54 trillion. And AWS will be the focus…
oslo, norway Reuters — The son of Norway’s crown prince denied on Wednesday that a cellphone video showed the rape, as he broke down in tears during the first day of testimony in his rape and domestic violence trial. The incident has shaken up the beleaguered royal family. Marius Borg Højbi, 29, who joined the royal family when his mother Mette-Marit married Crown Prince Haakon in 2001, said growing up in the public eye from an early age led him to crave alcohol and sex. If convicted of the most serious of the 38 charges against him, he could face…
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday and was criticized by some as “clumsy” for not criticizing United Arab Emirates officials’ investments in the Trump family’s cryptocurrency venture.Representative Gregory Meeks of New York grilled Bessent over alleged conflicts of interest and lack of transparency related to World Liberty Financial, which was co-founded by President Trump’s family.”When a foreign-affiliated investor invests hundreds of millions of dollars in a company run by the president’s family, and at the same time the president is conducting foreign policy with that country… that raises national security…
Immediately after the opening bell, you sell 100 shares of DuPont stock for approximately $48. After Thursday’s transaction, the Jim Cramer Charitable Trust will own 1,525 shares of DD stock, reducing its weight from about 2% to about 1.85%. It has booked big gains in DuPont stocks to take advantage of the recent market rotation away from technology and momentum stocks and toward more valuable industrial economy stocks. DuPont shares are up nearly 9% week to date ahead of Thursday’s open. For the year, the stock price rose nearly 19%, extending a strong rally that began when it separated Kuniti…