Children’s apparel manufacturer Carter’s (NYSE:CRI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales were flat year on year at $859.7 million. On the other hand, next quarter’s revenue guidance of $620 million was less impressive, coming in 5.3% below analysts’ estimates. Its non-GAAP profit of $2.39 per share was 24.6% above analysts’ consensus estimates.
Henry Schein (NASDAQ:HSIC) Reports Sales Below Analyst Estimates In Q4 Earnings
Dental and medical products company Henry Schein (NASDAQ:HSIC) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 5.8% year on year to $3.19 billion. Its non-GAAP profit of $1.19 per share was 1.6% below analysts’ consensus estimates.
BofA Strategist Hartnett Warns S&P 500 Rally Draws Investor Skepticism
(Bloomberg) -- There’s growing “suspicion” among investors about the scope for more S&P 500 gains at a time when European and Chinese stocks are outperforming, according to Bank of America Corp. strategist Michael Hartnett.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors
Integra LifeSciences (NASDAQ:IART) Misses Q4 Revenue Estimates
Medical device company Integra LifeSciences (NASDAQ:IART) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 11.5% year on year to $442.6 million. Next quarter’s revenue guidance of $380 million underwhelmed, coming in 7.7% below analysts’ estimates. Its non-GAAP profit of $0.97 per share was 13.5% above analysts’ consensus estimates.
Best money market account rates today: February 25, 2025 (earn up to 4.51% APY)
Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.
Logan Favors Short-Term Assets When Fed Purchases Resume
(Bloomberg) -- Federal Reserve Bank of Dallas President Lorie Logan said it would be appropriate, in the medium term, for the US central bank to purchase more shorter-term securities than longer-term ones so that its portfolio can more quickly mirror the composition of Treasury issuance. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC
Why stock market worries about tariff uncertainty might be a 'red herring': Morning Brief
Tariffs and governmental uncertainty have been at the forefront of investors' minds. But while they may be factors, they may also be covering up for something a little more basic — and just as powerful.
Better Cryptocurrency to Buy and Hold for 10 Years: Bitcoin vs. Cardano
Will the biggest and best-known crypto assets of today, like Bitcoin (CRYPTO: BTC), continue to hold up against newer players like Cardano (CRYPTO: ADA), or will they go the way of the dodo? You're probably already familiar with the investment thesis for Bitcoin: It's a asset with a firm supply cap that's hard for any given set of actors to control or disrupt. There can only ever be 21 million Bitcoins in circulation (about 19.8 million now circulate), which means that it should, in theory, maintain its purchasing power against fiat currencies.
Bitcoin Traders 'Buy the Dip' as BTC Price Slips Below $88K, Kraken Says
Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.
Nvidia Had a Rough Start to 2025. Investors Still Love the Stock.
A buy-the-dip approach is bolstering the chip maker as individual investors position for its shares to rally.