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Look at Ryder's fourth-quarter earnings to assess the strength of the used vehicle market. The data shows a decline in sales and prices compared to last year, but an improvement from the last quarter. Ryder's revenue was flat year-over-year, but its contract logistics business and Dedicated Transportation Solutions group saw growth. For 2025, the company forecasts GAAP earnings of $12.40-$13.40 and revenue growth of about 2%. The earnings call with analysts is today.
Published on: February 12, 2025, 03:04 PM UTC
Tech stocks have faltered in 2025, and investors are looking for pockets of strength. Healthcare is having its best start to a year since 2013, and may be a good hedge against tech. Healthcare's poor returns in 2024 contrasted starkly with tech's robust 20% gain, but the tide is turning. Investors have multiple ways to participate in healthcare's rebound, including biotech, medical equipment makers, and insurers.
Published on: February 12, 2025, 03:03 PM UTC
Tesla's stock has been on a downward trend in February, dropping 33% since its December high. The company's fourth quarter earnings missed analyst estimates, and its sales in China and Australia have declined. The Trump administration's tariffs on steel and aluminum could also raise costs for Tesla.
Published on: February 12, 2025, 03:03 PM UTC
Super Micro Computer (SMCI) stock surges on Nasdaq delisting avoidance and ambitious revenue goal for 2026. Despite missing earnings estimates, company expects to file SEC reports by February 25th deadline.
Published on: February 12, 2025, 03:02 PM UTC
Breakfast staples like eggs, orange juice, and coffee are seeing sharp price increases due to factors such as bird flu, crop shortages, and weather events. Egg prices have hit record highs, while orange juice and coffee costs are also rising rapidly. Grocers are limiting egg purchases, and restaurants are adding surcharges to offset the increased costs.
Published on: February 12, 2025, 03:02 PM UTC
Inflation stays stubbornly high as CPI jumps 3% in January and core inflation rises 0.4%; Fed faces complicated path forward amid Trump's protectionist policy
Published on: February 12, 2025, 03:01 PM UTC
Higher-than-expected inflation data increases the likelihood of the Federal Reserve maintaining interest rates for the foreseeable future.
Published on: February 12, 2025, 03:01 PM UTC
Research calls from top Wall Street analysts, including upgrades for Tesla, Instacart, and GlobalFoundries, and downgrades for Staar Surgical and PPG.
Published on: February 12, 2025, 03:01 PM UTC
EU scraps plans for AI, consumer privacy, and tech patent rules amid opposition
Published on: February 12, 2025, 03:01 PM UTC
Fed likely to hold rates after hotter-than-expected inflation data, Powell says
Published on: February 12, 2025, 03:00 PM UTC