Shares of Workday are surging more than 10% in premarket trading Wednesday, a day after the human resource software maker's quarterly results topped estimates and its CEO said the company sees growth opportunities with AI and the new administration's focus on efficiency.
Avalanche card launches, bringing crypto payments to Visa network
Avalanche has launched the Avalanche Card, a Visa-powered crypto credit card in partnership with Rain, enabling users to spend USDC, USDT, wAVAX, and AVAX globally.
eHealth (NASDAQ:EHTH) Beats Expectations in Strong Q4, Stock Soars
Online health insurance comparison site eHealth (NASDAQ:EHTH) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 27.3% year on year to $315.2 million. The company expects the full year’s revenue to be around $530 million, close to analysts’ estimates. Its GAAP profit of $2.51 per share was 10.8% above analysts’ consensus estimates.
Tesla sales and stock are on the slide. Elon Musk is alienating buyers, one analyst says.
Tesla stock has now fallen by a fifth this year. Analysts say Elon Musk's involvement with DOGE is affecting sales and investors are taking notice.
Federal Signal (NYSE:FSS) Misses Q4 Revenue Estimates
Safety and security company Federal Signal (NYSE:FSS) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 5.3% year on year to $472 million. On the other hand, the company’s full-year revenue guidance of $2.06 billion at the midpoint came in 2.8% above analysts’ estimates. Its non-GAAP profit of $0.87 per share was in line with analysts’ consensus estimates.
EMCOR (NYSE:EME) Misses Q4 Sales Targets, But Stock Soars 7.7%
Specialty construction contractor company EMCOR (NYSE:EME) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 9.6% year on year to $3.77 billion. On the other hand, the company’s full-year revenue guidance of $16.5 billion at the midpoint came in 4.5% above analysts’ estimates. Its GAAP profit of $6.32 per share was 9.1% above analysts’ consensus estimates.
AerCap CEO sees no quick return to Russia if market reopens
The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy used aircraft or engines if and when its markets reopen but that he saw no rush by Western lessors to resume renting jets. Talks aimed at achieving a ceasefire in Ukraine have raised the prospect of a gradual reopening of Russia to Western firms, though the leasing industry remains scarred by the confiscation of some 400 jets following Moscow's invasion of Ukraine in 2022. Speaking to Reuters after posting record core earnings per share, CEO Aengus Kelly stressed that any business with Russia would have to be approved by the United States and European Union, which continue to impose war-related economic sanctions.
3 Cryptocurrencies That Could Be Better Buys Than Bitcoin Right Now
In 2025, Bitcoin (CRYPTO: BTC) has over-promised and under-delivered. After reaching $100,000 in December, Bitcoin looked like a no-brainer option to soar in value this year. No wonder so many investors are looking for a cryptocurrency capable of outperforming Bitcoin.
MGP Ingredients (NASDAQ:MGPI) Posts Better-Than-Expected Sales In Q4 But Stock Drops
Food and beverage supplier MGP Ingredients (NASDAQ:MGPI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 15.9% year on year to $180.8 million. On the other hand, the company’s full-year revenue guidance of $530 million at the midpoint came in 10.6% below analysts’ estimates. Its non-GAAP profit of $1.57 per share was 4.4% above analysts’ consensus estimates.
Astec (NASDAQ:ASTE) Misses Q4 Revenue Estimates, But Stock Soars 5.7%
Construction equipment company Astec (NASDAQ:ASTE) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 6.5% year on year to $359 million. Its non-GAAP profit of $1.19 per share was 63% above analysts’ consensus estimates.