Hologic Reports Better-Than-Expected Q1 Results
Hologic delivered strong revenue and profitability to start fiscal 2024, exceeding the high-end of our guidance for both the top-line and the bottom-line, says CEO.
US Steel Delivers Better-Than-Expected Q4 Results
U.S. Steel ended the year with another quarter of strong financial and operational performance, says its CEO.
Tractor Supply Sets Expansion Plans with 80 New Stores, Beats Earnings Expectations Despite Sales Slump in Q4
Tractor Supply Co. reported Q4 sales decline of 8.6%, missing consensus. EPS beat expectations. FY24 outlook: EPS $9.85-$10.50, net sales $14.7B-$15.1B, capex $625M-$700M.
Nasdaq, S&P 500 Slip Ahead Of Fed Meeting, Regional Banks Sink After NYCB Disappoints: What’s Driving Markets Wednesday?
Nasdaq down 1.4%, S&P 500 down 0.9%, Dow up: Volatile day on Wall Street as tech stocks react to disappointing earnings ahead of Fed meeting.
Wedbush’s Dan Ives Lauds Microsoft’s ‘Masterpiece Quarter,’ Says CEO Nadella’s Guidance ‘Should Be Hung In The Louvre’
Ives anticipates the results will have a significant ripple effect across the tech industry on Friday.
Match Group Beats On Q4 Earnings, Authorizes $1B Share Buy-Back
Match Group reported quarterly earnings of 81 cents per share which beat the analyst consensus estimate of 49 cents by 65.31%. The company reported quarterly sales of $866 million, beating the analyst consensus estimate of $861.22 million by 0.56% and representing a 10.16% increase over sales of $786.15 million from the same period last year.
Super Micro Computer Reports Q2 Financials, Raises 2024 FY Guidance: Over 100% YOY Sales Increase
Super Micro Computer reported quarterly earnings of $5.59 per share, beating the analyst consensus estimate of $4.93 by 13.39% and representing a 71.47% increase over earnings of $3.26 per share from the same period last year. The company reported quarterly sales of $3.67 billion. Quarterly sales beat the analyst consensus estimate of $3.06 billion by nearly 20% and is a 103.27% increase over sales of $1.8 billion year-over-year.
Stock Market Hits Record Highs, Tesla Tumbles, Netflix Soars: This Week In The Markets
Record highs for U.S. stock market indices fueled by AI investments and Fed rate cut hopes. Netflix soars, Tesla struggles, and Microsoft hits $3 trillion.
S&P 500 Eyes Sixth Green Session, Tesla Tumbles, Oil At 2-Month High: What’s Driving Markets Thursday?
U.S. stock market gains due to strong economic growth and low inflation expectations. Dollar and treasury yields down, oil up, Tesla drops 12%.
Tesla Bull Rues ‘Train Wreck’ Earnings Call, Slashes Price Target By 10%: ‘Dead Wrong Expecting Musk And Team To Step Up Like Adults In The Room’
Musk was much more cautious and chose to steer the discussion around production, next-gen vehicle timelines, and FSD/investments, the analyst said.