Nucor and Steel Dynamics Warn of Weaker Q4 Earnings
Nucor and Steel Dynamics expect fourth-quarter earnings to miss Wall Street estimates due to seasonal demand, lower steel prices, and maintenance outages.
Nucor and Steel Dynamics expect fourth-quarter earnings to miss Wall Street estimates due to seasonal demand, lower steel prices, and maintenance outages.
Hut 8 signed a 15-year lease for a 245 MW AI data center at River Bend Campus, backed by Google and involving major financial and engineering partners.
JPMorgan downgraded Fortinet to Underweight, cutting its price target to $75, citing growth risks and stronger competition from larger platform vendors.
Lennar Corp. projects lower-than-expected first quarter home orders as affordability issues and job market weakness keep buyers hesitant. Shares declined in after-hours trading.
The Children’s Place reported dismal third-quarter results, posting a major loss, missing revenue targets, and struggling with failing e-commerce performance and mounting tariff costs.
Visa is allowing US banks to settle payments using stablecoins like USDC, aiming for faster, cheaper, and more modern digital payments.