RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported first-quarter net income of $129.3 million. On a per-share basis, the Ra`Anana, Israel-based company said it had profit of $2.01. Earnings, adjusted for one-time gains and costs, came to $2.87 per share.
LONDON (AP) — Birkenstock Holding PLC (BIRK) on Thursday reported fiscal second-quarter profit of $110.6 million. On a per-share basis, the London-based company said it had profit of 59 cents. Earnings, adjusted for non-recurring gains, came to 58 cents per share.
HANGZHOU, China (AP) — NetEase Inc. NTES) on Thursday reported net income of $1.42 billion in its first quarter. The Hangzhou, China-based company said it had net income of $2.21 per share.
RIO DE JANEIRO (AP) — Centrais Eletricas Brasileiras SA (EBR) on Thursday reported a loss of $60.2 million in its first quarter. On a per-share basis, the Rio De Janeiro-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.
NINGBO, China (AP) — Zeekr Intelligent Technology Holding Ltd. (ZK) on Thursday reported a loss of $99 million in its first quarter. On a per-share basis, the Ningbo, China-based company said it had a loss of 39 cents. Losses, adjusted for stock option expense, came to 32 cents per share.
President Trump claimed India's government had offered to remove import duties on U.S. goods. India is "one of the highest-tariff nations in the world," Trump said, speaking in Qatar. "It's very hard to sell into India, and they've offered us a deal where basically they're willing to literally charge us no tariffs."
FIX shares represent a nice opportunity to obtain a little exposure to the AI infrastructure buildout thanks to its products utilized in data centers.
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The Nasdaq has advanced more than 20% from its recent low -- it must record a new high to enter bull territory. Investors are returning to growth stocks as the risk of high import tariffs, a potential problem for economic growth, wanes. The countries, which were involved in a trade war, struck an initial deal on import tariffs -- one that was better than what most analysts expected.
Palantir's growth rate continued to accelerate in its most recent quarter. Palantir's stock has routinely traded at more than 200 times its trailing profits. Palantir Technologies (NASDAQ: PLTR) recently delivered another strong earnings performance.