Aerospace and defense company AXON (NASDAQ:AXON) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 33.6% year on year to $575.1 million. The company’s full-year revenue guidance of $2.6 billion at the midpoint came in 1.8% above analysts’ estimates. Its non-GAAP profit of $2.08 per share was 48.2% above analysts’ consensus estimates.
Tesla Market Value Slips Below $1 Trillion as Europe Sales Sink
(Bloomberg) -- A quick unwind in the shares of Tesla Inc. pushed the electric-vehicle maker’s market capitalization below the coveted $1 trillion-mark on Tuesday, amid reports of a stark slowdown in car sales in Europe. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Awai
Jack in the Box (NASDAQ:JACK) Posts Q4 Sales In Line With Estimates, Stock Jumps 16.1%
Fast-food chain Jack in the Box (NASDAQ:JACK) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 3.7% year on year to $469.4 million. Its non-GAAP profit of $1.92 per share was 13.8% above analysts’ consensus estimates.
Workday’s (NASDAQ:WDAY) Q4 Sales Top Estimates, Stock Soars
Finance and HR software company Workday (NASDAQ:WDAY) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 15% year on year to $2.21 billion. Its non-GAAP profit of $1.92 per share was 8.1% above analysts’ consensus estimates.
agilon health (NYSE:AGL) Reports Q4 In Line With Expectations But Stock Drops 16.9%
Healthcare services company Agilon Health (NYSE:AGL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 44.2% year on year to $1.52 billion. On the other hand, next quarter’s revenue guidance of $1.5 billion was less impressive, coming in 12% below analysts’ estimates. Its GAAP loss of $0.26 per share was 14.8% below analysts’ consensus estimates.
Intuit (NASDAQ:INTU) Exceeds Q4 Expectations, Quarterly Revenue Guidance Slightly Exceeds Expectations
Tax and accounting software provider, Intuit (NASDAQ:INTU) announced better-than-expected revenue in Q4 CY2024, with sales up 17% year on year to $3.96 billion. Guidance for next quarter’s revenue was better than expected at $7.58 billion at the midpoint, 1% above analysts’ estimates. Its GAAP profit of $1.67 per share was 98.1% above analysts’ consensus estimates.
Tesla stock sinks as Europe sales tank on rival offerings, Musk blowback
Tesla's (TSLA) demand woes are picking up in Europe, with sales dropping a precipitous 45% in January.
Wall Street Bankers Race to Grab Slice of $5 Billion CATL Deal
(Bloomberg) -- A lack of recent multibillion dollar deals made the race for a role on CATL’s Hong Kong listing even more competitive, despite low fees for bankers and a US blacklisting hanging over the world’s biggest battery maker. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation Research
Unity (U) Stock Trades Down, Here Is Why
Shares of game engine maker Unity (NYSE:U) fell 10.3% in the afternoon session after the Nasdaq dropped 1.3%, marking its fourth consecutive day of losses, as investor concerns over the tech sector continue to mount. The downturn appears to be most pronounced in stocks heavily exposed to the AI market, with traders growing uneasy about stretched valuations and potential slowdowns in AI-related spending.
Why are stocks still falling? Market awaits Nvidia earnings and inflation data with bated breath
The impacts of the Trump administration’s moves with tariffs and mass federal layoffs remain huge wild cards.