Commercial vehicle retailer Rush Enterprises (NASDAQ:RUSH.A) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $2.01 billion. Its GAAP profit of $0.91 per share was 9% above analysts’ consensus estimates.
Intel stock posts biggest five-day gain in history amid report of potential breakup
Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two.
Why Bath & Body Works Stock Jumped Nearly 10% on Tuesday
Bath & Body Works (BBWI) shares closed almost 10% higher Tuesday after analysts from JPMorgan upgraded the stock, citing encouraging recent product launches and shrinking post-pandemic headwinds.
Compass (NYSE:COMP) Surprises With Strong Q4, Stock Jumps 10.5%
Real estate technology company Compass (NYSE:COMP) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 25.9% year on year to $1.38 billion. On top of that, next quarter’s revenue guidance ($1.41 billion at the midpoint) was surprisingly good and 6.3% above what analysts were expecting. Its GAAP loss of $0.08 per share was in line with analysts’ consensus estimates.
Brazil Sells $2.5 Billion in Return to Global Debt Markets
(Bloomberg) -- Brazil tapped international credit markets, offering new debt for the first time in more than six months amid a broad rally in the country’s assets early in 2025. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegLatin America’s largest economy s
Cadence’s (NASDAQ:CDNS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops
Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 26.9% year on year to $1.36 billion. On the other hand, the company’s full-year revenue guidance of $5.18 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $1.88 per share was 3.2% above analysts’ consensus estimates.
Ex-Nomura Strategist Says Analysts Can’t Forecast Japan Stocks
(Bloomberg) -- Analysts’ forecasts for Japanese stocks show little correlation with their actual performance, according to an analysis of 20 years of data from a former chief strategist at Nomura Holdings Inc. who now teaches at a university in Tokyo.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surre
Why 2025 Could Be A Very Boring Year For The Fed
Making a chart of the fed funds rate in 2025 might turn out to be the easiest job in all of finance.
Why Did Healthy Choice Parent Conagra's Stock Drop 5%?
Conagra Brands trimmed its sales and earnings outlook for the fiscal year, citing challenges sourcing chicken and frozen vegetables.
Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says
(Bloomberg) -- Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration En