Stock of the Day: Temu parent PDD falls 5% as revenue misses estimates and growth slows
The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China remains sluggish.
Markets Are Anxious—But in This Circle, Optimism Abounds
Economists, consumers, and business leaders are antsy. Wall Street analysts are bullish. The share of S&P 500 stock ratings that are bullish is currently at its highest level since August 2022.
FedEx’s (NYSE:FDX) Q1 Sales Beat Estimates But Stock Drops
Parcel and cargo delivery company FedEx (NYSE:FDX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 1.9% year on year to $22.16 billion. Its non-GAAP profit of $4.51
Planet Labs (NYSE:PL) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops
Earth imaging satellite company Planet Labs (NYSE:PL) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.6% year on year to $61.55 million. Next quarter’s revenue guidanc
Micron Stock Pops as AI Demand Drives Better-Than-Expected Earnings, Outlook
Micron Technology reported quarterly results that topped analysts’ estimates and issued a better-than-expected outlook, sending shares higher in extended trading Thursday.
There could be a 'renaissance' in small tech stocks: Hot take from Opening Bid
Don't forget about the small-cap names in tech.
Torrid’s (NYSE:CURV) Q4 Sales Top Estimates, Stock Soars
Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 6.1% year on year to $275.6 million. On the
JPMorgan Enters an Infamous Short-Volatility Market With ETN
(Bloomberg) -- With worries over US trade policy roiling Wall Street, JPMorgan Chase & Co. is repackaging a well-known strategy that would profit if the turbulence subsided.Most Read from BloombergNew
Cava Stock Climbs as JPMorgan Recommends 'Taking Advantage' of Recent Slide
Cava Group shares jumped Thursday after the fast casual chain restaurant got an upgrade from JPMorgan analysts, expecting growth as Cava expands its locations.
Micron (NASDAQ:MU) Beats Q1 Sales Targets, Next Quarter’s Sales Guidance is Optimistic
Memory chips maker Micron (NYSE:MU) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 38.3% year on year to $8.05 billion. On top of that, next quarter’s revenu