News

Tesla chair Robyn Denholm has now liquidated roughly $150 million in shares since early December, dwarfing the $1 million open market purchase by director Joe Gebbia.

Household products company Reynolds (NASDAQ:REYN) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 1.8% year on year to $818 million. On the other hand, next quarter’s revenue guidance of $897.5 million was less impressive, coming in 2.2% below analysts’ estimates. Its non-GAAP profit of $0.23 per share was in line with analysts’ consensus estimates.

Coconut water company The Vita Coco Company (NASDAQ:COCO) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 17.2% year on year to $130.9 million. On the other hand, the company’s full-year revenue guidance of $562.5 million at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $0.31 per share was 61.9% above analysts’ consensus estimates.

Online marketplace Etsy (NASDAQ:ETSY) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $651.2 million. Its GAAP loss of $0.49 per share was significantly below analysts’ consensus estimates.

Coinbase Custody Trust will hold the fund’s tokens and serve as the official custodian for the ETF.

There is growing evidence the U.S. economy was struggling even before this month's tariff sweep, ramping up the chances of a 2025 recession and bets that the Federal Reserve will eventually cut interest rates as much as four times this year. * The U.S. economy likely stalled or even contracted in the first quarter, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy. * President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday, and his trade team touted its first deal with a foreign trading partner.

Semi trailers and liquid transportation container manufacturer Wabash (NYSE:WNC) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 26.1% year on year to $380.9 million. The company’s full-year revenue guidance of $1.8 billion at the midpoint came in 3.9% below analysts’ estimates. Its non-GAAP loss of $0.58 per share was significantly below analysts’ consensus estimates.

Cruise company Norwegian Cruise Line (NYSE:NCLH) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 2.9% year on year to $2.13 billion. Its non-GAAP profit of $0.07 per share was 22.9% below analysts’ consensus estimates.

Biotechnology company United Therapeutics (NASDAQ:UTHR) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 17.2% year on year to $794.4 million. Its GAAP profit of $6.63 per share was 5.1% above analysts’ consensus estimates.

Healthcare technology company GE HealthCare Technologies (NASDAQ:GEHC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 2.8% year on year to $4.78 billion. Its non-GAAP profit of $1.01 per share was 10.6% above analysts’ consensus estimates.