News

Office furniture manufacturer Steelcase (NYSE:SCS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.7% year on year to $788 million. The company expects next quarter’s revenue to be around $772.5 million, coming in 3.7% above analysts’ estimates. Its non-GAAP profit of $0.26 per share was 26.2% above analysts’ consensus estimates.

Office furniture manufacturer MillerKnoll (NASDAQ:MLKN) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $876.2 million. Next quarter’s revenue guidance of $930 million underwhelmed, coming in 3% below analysts’ estimates. Its non-GAAP profit of $0.44 per share was in line with analysts’ consensus estimates.

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Pet-focused retailer Petco (NASDAQ:WOOF) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 7.3% year on year to $1.55 billion. On the other hand, next quarter’s revenue guidance of $1.49 billion was less impressive, coming in 4.2% below analysts’ estimates. Its GAAP loss of $0.05 per share was significantly below analysts’ consensus estimates.

Nvidia stock sank after the Financial Times reported Chinese regulators are encouraging firms to use data center chips that meet strict environmental requirements. The guidelines exclude Nvidia's H20 chip, its processor compatible with US export controls for the Chinese market.

Stocks are on shifting sands as markets respond to changes in tone from Trump on coming tariffs.

The video game retailer's crypto venture boosts ESPO and GAMR ETF performance, outshining both the S&P 500 and crypto-focused funds like BITQ.

CF Benchmarks CEO Sui Chung says Bitcoin’s environment may have evolved, but its four-year halving cycle still drives supply shocks that shape the market’s core behavior.

Legendary trader Peter Brandt warns that XRP could drop to $1.07, citing a bearish Head and Shoulders (H&S) pattern even as Ripple case reaches settlement.

SailPoint CEO says demand remains very strong.