LiveOne reported revenue growth of 20.9% in Q4 2024, beating estimates. Slacker division revenue up by 30%. EPS loss of $(0.03) missed consensus estimate of $(0.01). Company exploring strategic alternatives.
Maxeon Solar Technologies (NASDAQ: MAXN) reported Q1 revenue of $187.46M, missing estimates. EPS loss of $(1.59) also missed. Quarterly shipments declined 37%. Maxeon projects lower Q2 and FY24 revenue and significant investment from shareholder.
Grab (NASDAQ: GRAB) partners with OpenAI to integrate generative AI in app for visually impaired, elderly users & advanced chatbots. Stock up 25% in last 12 months.
Amazon offers Prime members free Grubhub subscriptions, making Grubhub a permanent benefit. This could make Grubhub more appealing to potential buyers.
Palantir (PLTR) wins $480M Army contract for AI-based Maven Smart System prototype, while facing criticism and speculation about inclusion in S&P 500. Stock up 2.58% premarket.
Sony (NYSE: SONY) is in talks to acquire Queen's music catalog for a potential $1 billion, joining other artists' catalog sales fueled by streaming growth and low interest rates.
Best Buy reported better than expected earnings and a dividend of $0.94 per share. For fiscal 2025, they anticipate a decline in sales and operating income.