UniFirst Corporation (NYSE: UNF) shares sprang up Wednesday, after releasing results for its first quarter ended November 30, 2024 as compared to the corresponding period in the prior fiscal year: The Wilmington, Mass.-based company reported consolidated revenues for the first quarter increased 1.9% to $604.9 million; operating income was $55.5 million, an increase of 4.5%….
Washington has its eyes on CATL, a battery supplier for electric vehicles, and Tencent (TCEHY), a gaming firm. Why are lawmakers calling those firms potential security threats to the U.S.? On Monday, the U.S. Department of Defense designated CATL and Tencent as linked to China’s military. The label hurts their reputation and could potentially hurt…
Technology stocks follow a seasonal pattern. In January, after the CES 2025 event wraps up, the lack of news led to weak performance for tech firms. In recent years, Nvidia (NVDA) broke this yearly occurrence as it traded steadily higher. Still, after Nasdaq (QQQ) fell by 1.89% to close at 19,489.70 on Tuesday, investors should…
Investors speculated on Covid vaccine firms. Despite the seasonal strength for flu-related vaccines ending, Moderna (MRNA) gained 11.65% to close at $47.53. Pfizer (PFE), BioNTech (BNTX), Arcturus Therapeutics (ARCT), and Novavax (NVAX) rallied. The Centers for Disease Control and Prevention announced respiratory illness data in the last week. Covid infections are more frequent alongside a…
Have I Got Sport for You’s Jon Richardson explains how Gareth Southgate upset the nation this summer.Have I Got Sport for You’s Jon Richardson explains how Gareth Southgate upset the nation this summer. BBC Sport
West Ham sack manager Julen Lopetegui after just six months in charge.West Ham sack manager Julen Lopetegui after just six months in charge. BBC Sport
UK Athletics and its former head of sport Keith Davies are charged with manslaughter over the death of Paralympian Abdullah Hayayei.UK Athletics and its former head of sport Keith Davies are charged with manslaughter over the death of Paralympian Abdullah Hayayei. BBC News
Meta Platforms (META) has announced that it is ending a fact-checking program on its social media platforms such as Facebook that was meant to counter disinformation. Meta chief executive officer (CEO) Mark Zuckerberg said that the current fact-checking program will be replaced with a “community notes” system like the one found on X / Twitter….
E-commerce giant Amazon (AMZN) plans to spend $11 billion U.S. to expand its artificial intelligence (A.I.) infrastructure. Amazon says that it plans to invest heavily in Georgia to support cloud computing and A.I. technologies related to Amazon Web Services (AWS), its cloud computing unit. Amazon needs to develop data centers and advanced infrastructure to support…
Developers confirms £800m investment across two sites in Scotland to support the growth in renewablesDevelopers confirms £800m investment across two sites in Scotland to support the growth in renewables BBC News
