Web content delivery and security company Akamai (NASDAQ:AKAM) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 2.5% year on year to $1.02 billion. On the other hand, next quarter’s revenue guidance of $1.01 billion was less impressive, coming in 3.1% below analysts’ estimates. Its non-GAAP profit of $1.66 per share was 9% above analysts’ consensus estimates.
MercadoLibre’s (NASDAQ:MELI) Q4 Sales Top Estimates, Stock Jumps 12.3%
Latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) announced better-than-expected revenue in Q4 CY2024, with sales up 37.4% year on year to $6.06 billion. Its GAAP profit of $12.61 per share was 66.8% above analysts’ consensus estimates.
Dropbox’s (NASDAQ:DBX) Q4: Beats On Revenue But Customer Growth Slows Down
Cloud storage and e-signature company Dropbox (Nasdaq: DBX) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 1.4% year on year to $643.6 million. Its non-GAAP profit of $0.73 per share was 16.8% above analysts’ consensus estimates.
Robinhood’s crypto wallet serves as ‘a gateway to DeFi,’ says Johann Kerbrat
Robinhood’s crypto wallet is simplifying access to DeFi, offering users a seamless transition from centralized finance to Web3.
Dow falls 450 points as inflation and tariff fears hit Main Street
US stocks fell Thursday after the world’s largest retailer warned that 2025 would be a rollercoaster ride and said it expected sales to slow this year amid fears that consumers are tapped out.
Buffett’s Annual Letter May Give Much Needed Support to Japanese Stocks
(Bloomberg) -- Investors in Japanese stocks are keeping a close watch out for Warren Buffett’s annual letter to shareholders in the hopes that it will provide a boost to the country’s trading houses.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scruti
Roku, SolarEdge Among Key Stock Upgrades Investors Should Know Thursday
Stocks were mostly lower on Thursday after a disappointing business forecast from retail giant Walmart. Here, we look at the latest noteworthy upgrades and downgrades of stocks made by analysts.
What Analysts Think of Home Depot Stock Ahead of Earnings
Home Depot is scheduled to report fourth-quarter earnings before the bell on Tuesday, with analysts expecting rising sales to have risen despite projecting comparable store sales to have declined for a ninth consecutive quarter.
Oil Extends Gain With Focus on Supply Uncertainty, Weaker Dollar
(Bloomberg) -- Oil extended a string of marginal gains to settle above $72 a barrel amid uncertainty over global supplies and a slumping dollar that made commodities priced in the currency more attractive.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsTrump Targets $128 Billion California High-Speed Rail ProjectChild Migrant Watchdog Gutted in
SEC unveils new unit to fight crypto crime
Crypto crime has surged to an estimated $51 billion a year industry, according to Chainalysis.