News

• Amazon.com Inc. dropped 2.9% to $231.98 after the company posted fourth-quarter sales, and sales growth outlook disappointed some investors.
  
  Net sales increased to $187.79 billion from $169.96 billion, net income surged to $20.0 billion from $10.6 billion, and earnings per diluted share rose to $1.86 from $1.00 a year ago.
  
  For the first quarter of 2025, the company estimated net sales growth of 5% to 9% to a range of $151.0 billion to $155.5 billion.
  
  Operating income is expected to be between $14.0 billion and $18.0 billion, compared to $15.3 billion in th More
  
  Feb 7, 2025
• Amazon.com Inc. dropped 2.9% to $231.98 after the company posted fourth-quarter sales, and sales growth outlook disappointed some investors.
  
  Net sales increased to $187.79 billion from $169.96 billion, net income surged to $20.0 billion from $10.6 billion, and earnings per diluted share rose to $1.86 from $1.00 a year ago.
  
  For the first quarter of 2025, the company estimated net sales growth of 5% to 9% to a range of $151.0 billion to $155.5 billion.
  
  Operating income is expected to be between $14.0 billion and $18.0 billion, compared to $15.3 billion in the first quarter last year.
  
  Amazon said it plans to boost capital expenditures to $100 billion in 2025, compared to $83 billion last year, as it continues to make investments in artificial intelligence.
  
  The company faces increased competition from rivals, including OpenAI and Google. Less
  
  Feb 7, 2025


• Verisign Inc. dropped 0.08% to $220 after the provider of internet infrastructure and domain name registry services reported a 3.9% sales growth in the fourth quarter, but profit declined.
  
  Revenue jumped to $395.4 million from $380.4 million, net income declined to $191.5 million from $265.1 million, and earnings per diluted share fell to $2.0 from $2.60 a year ago.
  
  Verisign ended the fourth quarter with 169.0 million .com and .net domain name registrations in the domain name base, a 2.1% decrease from a year ago.
  
  In the fourth quarter, the company process More
  
  Feb 7, 2025
• Verisign Inc. dropped 0.08% to $220 after the provider of internet infrastructure and domain name registry services reported a 3.9% sales growth in the fourth quarter, but profit declined.
  
  Revenue jumped to $395.4 million from $380.4 million, net income declined to $191.5 million from $265.1 million, and earnings per diluted share fell to $2.0 from $2.60 a year ago.
  
  Verisign ended the fourth quarter with 169.0 million .com and .net domain name registrations in the domain name base, a 2.1% decrease from a year ago.
  
  In the fourth quarter, the company processed 9.5 million new domain name registrations for .com and .net, as compared to 9.0 million for the same period in 2023.
  
  Verisign repurchased 6.6 million shares of its common stock for $1.21 billion during the full year of 2024.
  
  As of December 31, there was $1.02 billion remaining for future share repurchases under the company’s program, which has no expiration date. Less
  
  Feb 7, 2025

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