Thermon Group reports Q4 revenue of $127.7M, beating consensus. Revenue driven by sales growth in diversified markets and decarbonization projects. Outlook for FY25 shows expected growth of 9% at midpoint.
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.
While legacy automakers General Motors (NYSE: GM) and Ford Motor (NYSE: F) continue to scale down and reassess their EV ambitions, Hyundai Motor Company (OTC: HYMTF) is growing its EV portfoli