The rise in Treasury yields since 2022 has sent the cost of servicing America's federal debt to record highs, exceeding spending on national defense for fiscal year 2024.
KULR Technology Group Inc (AMEX:KULR) shares are falling in Thursday’s after-hours session after the company reported worse-than-expected results for the first quarter.
Intel's volume of processors for external customers using new technology is insignificant, CFO says. Stock down 31% in 12 months due to AI competition.
Power management chips maker Monolithic Power Systems (NASDAQ:MPWR) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 39.2% year on year to $637.6 million. The company expects next quarter’s revenue to be around $650 million, close to analysts’ estimates. Its non-GAAP profit of $4.04 per share was 0.8% above analysts’ consensus estimates.
Biotech company Amgen (NASDAQ:AMGN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 9.4% year on year to $8.15 billion. The company expects the full year’s revenue to be around $35 billion, close to analysts’ estimates. Its non-GAAP profit of $4.90 per share was 15% above analysts’ consensus estimates.
