News

Shares of pet food company Freshpet (NASDAQ:FRPT) fell 19.5% in the afternoon session after the company reported disappointing fourth-quarter 2024 results: its gross margin missed significantly, and its full-year revenue guidance fell short of Wall Street's estimates. On the other hand, Freshpet blew past analysts' EBITDA expectations. The company also guided for full-year EBITDA above Wall Street's estimates. Still, this was a softer quarter due to the worse-than-anticipated top-line momentum f

Shares of steel and waste handling company Enviri (NYSE:NVRI) fell 18.1% in the morning session after the company reported weak fourth-quarter 2024 results: Its full-year EBITDA guidance missed significantly, and its revenue fell short of Wall Street's estimates. weighed the positive EPS surprise. Sales declined 7% y/y due to business divestitures and foreign exchange headwinds. Adjusted EBITDA fell compared to last year, reflecting margin pressure in its industrial services and rail businesses,

Shares of online used car dealer Carvana (NYSE: CVNA) fell 15.8% in the afternoon session after the company reported fourth-quarter 2024 earnings, but expectations were high heading into the announcements, and the results failed to impress. Carvana exceeded analysts' EBITDA and revenue estimates as it sold more used vehicles than anticipated. Zooming out, we think this was a decent quarter with some key areas of upside. The market seemed to be hoping for more, however, as shares were up 40%+ yea

The software company with close ties to the U.S. military saw its stock plummet by double digits in less than two days.

Shares of travel technology company Sabre (NASDAQ:SABR) jumped 15% in the afternoon session after the company reported impressive fourth-quarter results, which beat analysts' EPS and EBITDA expectations, while sales were roughly in line. Adjusted EBITDA improved, benefiting from lower technology costs due to cloud migration savings and reduced labor expenses, though these gains were partially offset by higher incentive payouts in its Travel Solutions segment​. This strong margin expansion contri

Shares of communications platform-as-a-service company Bandwidth (NASDAQ: BAND) fell 13.4% in the pre-market session after the company reported underwhelming fourth-quarter results: its revenue guidance for next year suggests a significant slowdown in demand, and it fell short of Wall Street's estimates. On the other hand, Bandwidth's revenue outperformed Wall Street's estimates. Overall, this quarter could have been better, as the solid revenue performance was overshadowed by a weaker demand ou

(Bloomberg) -- The US stock market can flip into a correction territory as retail and institutional buyers are running out of steam, according to Goldman Sachs Group Inc.’s Scott Rubner, the bank’s managing director for global markets and tactical specialist.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 C

Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.

Higher egg prices, an issue U.S. President Donald Trump spoke about often during his election campaign last fall, boosted Walmart grocery revenue, the world's largest retailer said during its earnings briefing on Thursday. Walmart said its grocery revenue rose by mid-single digits in the quarter through January 31, and a Walmart earnings presentation showed that egg-price inflation was baked into that increase. Egg prices have been rising as bird flu, or avian influenza, has hammered egg production in chickens.

Hasbro CEO Chris Cocks says overcoming tariffs would be a tough lift.