News

Shares of optical retailer National Vision (NYSE:EYE) jumped 21.7% in the pre-market session after the company reported strong fourth quarter 2024 results: Revenue beat slightly, and EPS was just in line. New store openings and higher average ticket prices drove sales, although lower online sales and store closures offset some gains​. Looking ahead, National Vision's full-year guidance was a bright spot, with both revenue and EPS outlook surpassing Wall Street's expectations. This outlook is lif

Shares of virtual events software company (NYSE:ONTF) fell 6.8% in the afternoon session after the company reported weak fourth quarter 2024 results: its full-year EPS guidance missed significantly and its EPS guidance for next quarter also fell short of Wall Street's estimates. Sales declined 6.8% year on year, reflecting lower demand for its virtual conference products. On the other hand, ON24 blew past analysts' EBITDA expectations this quarter, and next year's revenue guidance was robust. Ov

Shares of luxury furniture retailer Arhaus (NASDAQ:ARHS) fell 8.4% in the afternoon session after the company reported weak fourth-quarter 2024 results: its full-year EBITDA guidance missed significantly and its EBITDA guidance for next quarter fell short of Wall Street's estimates. Revenue growth was flat and comparable sales declined by 6.4%, reflecting weaker consumer demand​. On the other hand, Arhaus beat analysts' EBITDA expectations this quarter and its gross margin outperformed Wall Stre

Nvidia options pricing on Wednesday afternoon suggested traders expect shares to move roughly $10, or about 8%, in either direction around Wednesday’s earnings, which would be the stock's biggest post-earnings move since May.

Shares of medical tech company Masimo (NASDAQ:MASI) jumped 11.6% in the afternoon session after the company reported impressive fourth-quarter 2024 results, which beat analysts' revenue and EPS expectations. Sales grew 9% year on year, fueled by broad based demand. In addition, its full-year EPS guidance outperformed Wall Street's estimates by a wide margin. Zooming out, we think this was a solid quarter.

Shares of financial and compliance reporting software company Workiva (NYSE:WK) jumped 7.9% in the afternoon session after the company reported impressive fourth-quarter 2024 results, as revenue grew 20% year on year and slightly beat expectations, driven by strong demand for its subscription and support services​. Billings also outperformed Wall Street's estimates​, and the full-year 2025 sales outlook beat consensus expectations. On the other hand, its full-year EPS guidance missed significant

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 13.8% in the afternoon session after Bank of America downgraded the stock's rating from Neutral to Sell and lowered the price target from $3 to $1 following its mixed Q4 2024 earnings.

Shares of AppLovin tumbled as much as 22% on Wednesday after a pair of short seller firms published reports on the tech company, alleging a variety of fraudulent and deceptive practices.

Elon Musk's Department of Government Efficiency has so far had little to no impact on the government's $2 trillion annual deficits despite its ability to sow daily chaos around Washington, D.C.

A preliminary economic agreement between Ukraine and the United States would ensure long-term U.S. involvement in rebuilding the country, but the deal leaves the question of security guarantees sought by Kyiv to future negotiations. According to the final version of the deal obtained by The Associated Press, the United States and Ukraine will establish a co-owned and jointly managed investment fund aimed at financing the reconstruction of Ukraine and its war-damaged economy.