Homebuilder KB Home (NYSE:KBH) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 5.2% year on year to $1.39 billion. The company’s full-year revenue guidance of $6.8 billion at the midpoint came in 3.4% below analysts’ estimates. Its GAAP profit of $1.49 per share was 6.4% below analysts’ consensus estimates.
Why Reddit (RDDT) Stock Is Trading Up Today
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 8.6% in the morning session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted.
Why Robinhood (HOOD) Stock Is Up Today
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 9.9% in the afternoon session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they initial
Why Is Pinterest (PINS) Stock Soaring Today
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 5.3% in the morning session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they initially fe
The S&P 500 Snapped Its Monthlong Losing Streak—Here's What History Suggests Happens Next
The S&P 500 snapped a four-week losing streak last week, an event that historically presages gains in the year ahead.
Stocks rally as Trump’s ‘Liberation Day’ is looking like yet another tariff retreat
For more than a month, President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before, Trump once again appears to be offering a lot of hype and little action.
Why Is Coherent (COHR) Stock Soaring Today
Shares of materials and photonics company Coherent (NYSE:COHR) jumped 12.6% in the afternoon session after Raymond James analyst Simon Leopold upgraded the stock's rating alongside Lumentum from Outperform to Strong Buy following positive updates from Nvidia's annual GPU Technology Conference and Corning's analyst day meeting.
Why Unity (U) Stock Is Up Today
Shares of game engine maker Unity (NYSE:U) jumped 5.7% in the afternoon session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they initially feared.
Tesla stock surges nearly 12% to lead 'Magnificent 7' stocks higher as tariff worries ease
Tesla stock surged on Monday amid reports that Trump's tariff plans may be narrower than expected.
Why Is FedEx (FDX) Stock Rocketing Higher Today
Shares of parcel and cargo delivery company FedEx (NYSE:FDX) jumped 5.5% in the afternoon session after Jefferies analysts upgraded the stock's rating from Hold to Buy. Citing the reason for the upgrade, the analysts added that investors were likely ignoring "idiosyncratic cost transformation." which is another way of saying that the earnings growth potential could be better than assumed.