Page 44 - Benzinga Pro News Today

Apple's China troubles could soon be behind, likely helping resumption of growth, and the AI initiation will only serve to accelerate the momentum, says Daniel Ives.

For many of the past 50 years, Detroit, Michigan has been a grim symbol of America's industrial decline, but that was yesterday. Today's Motor City is on the rise, and local property values are surging. This is especially true for Detroit's predominately Black neighborhoods, which disproportionately bore the brunt of the city's decline in the 1970s, 1980s and 1990s. A recent University of Michigan Poverty Solutions Report shows that home values increased by 80% in Detroit&#x2...

Trimble Inc (NASDAQ:TRMB) reported a fiscal first-quarter 2024 revenue growth of 4% to $953.30 million, beating the consensus of $912.53 million. Revenue growth was flat Y/Y on an organic basis. The adjusted EPS of $0.64 beat the consensus of $0.62. The stock price gained after the results in the premarket session, only to fall after the market opened. Annualized recurring revenue was $2.03 billion, up 23% Y/Y on an organic basis. Product revenue declined 15.5% Y/Y to $367.1 million. Subscriptio

Beneficient shares are trading higher by 290% during Friday's session. The company announced it regained compliance with the Nasdaq.