Healthcare services company Agilon Health (NYSE:AGL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 44.2% year on year to $1.52 billion. On the other hand, next quarter’s revenue guidance of $1.5 billion was less impressive, coming in 12% below analysts’ estimates. Its GAAP loss of $0.26 per share was 14.8% below analysts’ consensus estimates.
Intuit (NASDAQ:INTU) Exceeds Q4 Expectations, Quarterly Revenue Guidance Slightly Exceeds Expectations
Tax and accounting software provider, Intuit (NASDAQ:INTU) announced better-than-expected revenue in Q4 CY2024, with sales up 17% year on year to $3.96 billion. Guidance for next quarter’s revenue was better than expected at $7.58 billion at the midpoint, 1% above analysts’ estimates. Its GAAP profit of $1.67 per share was 98.1% above analysts’ consensus estimates.
Tesla stock sinks as Europe sales tank on rival offerings, Musk blowback
Tesla's (TSLA) demand woes are picking up in Europe, with sales dropping a precipitous 45% in January.
Wall Street Bankers Race to Grab Slice of $5 Billion CATL Deal
(Bloomberg) -- A lack of recent multibillion dollar deals made the race for a role on CATL’s Hong Kong listing even more competitive, despite low fees for bankers and a US blacklisting hanging over the world’s biggest battery maker. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation Research
Unity (U) Stock Trades Down, Here Is Why
Shares of game engine maker Unity (NYSE:U) fell 10.3% in the afternoon session after the Nasdaq dropped 1.3%, marking its fourth consecutive day of losses, as investor concerns over the tech sector continue to mount. The downturn appears to be most pronounced in stocks heavily exposed to the AI market, with traders growing uneasy about stretched valuations and potential slowdowns in AI-related spending.
Why are stocks still falling? Market awaits Nvidia earnings and inflation data with bated breath
The impacts of the Trump administration’s moves with tariffs and mass federal layoffs remain huge wild cards.
Strategy Stock Is Plummeting Today -- Is the Bitcoin Company a Buy?
Meanwhile, the S&P 500 was down 0.6% and the Nasdaq Composite was down 1.3%. The price of Bitcoin was down 7.8% over the previous 24 hours. Nvidia's fourth-quarter earnings release and conference call is also scheduled to take place after the market closes tomorrow and could have a substantial impact on equity and crypto valuations.
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
(Bloomberg) -- Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesThe Trump Administration Takes Aim at Transportation ResearchNew York’s Congestion Pricing Plan Faces Another Legal Sho
Bitcoin price plunge to $87K ‘not unexpected’ after Bybit hack: Expert
The global crypto market cap has dropped to $2.8 trillion, reflecting a 6.8% decrease.
Oil Slumps to Lowest This Year as Economic Pessimism Piles Up
(Bloomberg) -- Oil slumped along with equity markets as US consumer confidence tumbled, adding to mounting concerns that US President Donald Trump’s policies will hamper economic growth and sap energy demand. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesThe Trump Administration Takes Aim at Transportation ResearchNew York’s Congestion Pricing Plan Faces Another Legal ShowdownShelters Await Billions