News

Packaged snacks company Mondelez (NASDAQ:MDLZ) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.1% year on year to $9.60 billion. Its non-GAAP profit of $0.65 per share was in line with analysts’ consensus estimates.

Tax preparation company H&R Block (NYSE:HRB) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales were flat year on year at $179.1 million. The company expects the full year’s revenue to be around $3.72 billion, close to analysts’ estimates. Its non-GAAP loss of $1.73 per share was 8.6% below analysts’ consensus estimates.

Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war.

Social network Snapchat (NYSE: SNAP) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 14.4% year on year to $1.56 billion. Its non-GAAP profit of $0.16 per share was 13.6% above analysts’ consensus estimates.

The S&P 500 added 0.7% on Tuesday, Feb. 4, as investors evaluated developments on U.S. tariffs, labor market data, and the latest earnings news.

Computer processor maker AMD (NASDAQ:AMD) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 24.2% year on year to $7.66 billion. Guidance for next quarter’s revenue was better than expected at $7.1 billion at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $1.09 per share was in line with analysts’ consensus estimates.

Data protection and security software company Varonis (NASDAQ:VRNS) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.9% year on year to $158.5 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $132.5 million at the midpoint, or 1.7% above analysts’ estimates. Its non-GAAP profit of $0.18 per share was 27.3% above analysts’ consensus estimates.

Biotech company Amgen (NASDAQ:AMGN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 10.9% year on year to $9.09 billion. The company’s full-year revenue guidance of $35 billion at the midpoint came in 1.4% above analysts’ estimates. Its non-GAAP profit of $5.31 per share was 4.6% above analysts’ consensus estimates.

Keir Finlow-Bates is not your typical blockchain expert. Known online as "Blockchain Gandalf," his LinkedIn tagline reads, "I walk through the woods thinking about blockchain." That alone tells you he brings a different perspective to the space.

Peirce also urged crypto companies to be patient as the agency decides how to “disentangle” itself from litigation initiated under former Chair Gary Gensler.