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Remitly Beats Q4 Sales Estimates, Stock Soars; Is It a Buy?

Online money transfer platform Remitly (NASDAQ:RELY) exceeded revenue expectations in Q4 CY2024, with sales up 32.9% year on year. The company expects next quarter's revenue to be around $346.5 million, close to analysts' estimates. Its GAAP loss of $0.03 per share was 67.6% above analysts’ consensus estimates. Discover more about Remitly's performance in our comprehensive research report.

Nordson Q4 Earnings: Revenue Miss, Weak Guidance, and Lackluster EPS Growth

Nordson (NDSN) falls short of Q4 earnings estimates, with revenue declining 2.8% YoY to $615.4 million. Adjusted EPS of $2.06 misses by 0.9%, and revenue guidance for Q1 CY2025 comes in below expectations.

Fed Holds Rates Steady, Will Wait to See if Trump Policies Reignite Inflation

Fed Holds Rates Amid Inflation, Trump Policy Uncertainty

Banco do Brasil Expects Net Profit Between $6.5-$7.2B in 2023

Banco do Brasil forecasts adjusted net profit of R$37-41 billion for 2023, above analyst estimates of R$39.2 billion. Q4 adjusted net profit rose 1.5% YoY to R$9.58 billion, also exceeding expectations of R$9.53 billion.

White House Tightens Control Over Fed's Bank Regulation

The White House tightens its control over the Federal Reserve's regulation of big banks, giving President Trump's appointees more power over independent agencies.

Intel's Stock Plunges 6% as Analysts Cast Doubt on Deal Speculation

Intel (INTC) stock fell 6% after analysts raised doubts about potential deals with TSMC and Broadcom. TSMC and Broadcom have expressed interest in acquiring parts of Intel, but analysts say regulatory concerns and Intel's own reluctance make these deals unlikely.

Liberal Front-Runner Mark Carney Vows to Limit Government Spending

Former Bank of Canada and Bank of England Governor Mark Carney, a front-runner in the race to replace Justin Trudeau as Liberal Party leader and Canada’s prime minister, has promised to cap the size of the Canadian public service and undertake a program spending review if he becomes prime minister.

Bank CEO Pay Raises: Fraser's Surge, Wells Fargo's Lag

CEO Jane Fraser of Citigroup (C) received the largest pay increase among Wall Street bank executives, with a 33% rise to $34.5 million for her role in improving the bank's safety and profitability.

Walmart Q4 Earnings Preview: Expectations High Amid Strong Quarter

Walmart Q4 Earnings Preview: Revenue, EPS Expected to Rise; Same-Store Sales to Jump

White House Gains More Control Over Fed Bank Regulation

The White House is tightening control over how the Federal Reserve regulates big banks, but monetary policy is still under the Fed's control.