Market

Mercury General Corporation (MCY) reported fourth-quarter profit of $101.1 million, or $1.82 per share, and full-year profit of $468 million, or $8.45 per share. The auto insurance company posted revenue of $1.37 billion in the quarter and $5.39 billion for the year.

Published on: February 11, 2025, 10:07 PM UTC

Assurant Inc. (AIZ) beats Q4 earnings estimates with $4.79 per share, on revenue of $3.13 billion. For the year, the company reported a profit of $760.2 million, or $14.46 per share. Revenue was reported as $11.95 billion.

Published on: February 11, 2025, 10:07 PM UTC

Avis Budget Group reports a fourth-quarter loss of $1.96 billion, despite beating Wall Street expectations. The car rental company reported revenue of $2.71 billion, falling short of Street forecasts.

Published on: February 11, 2025, 10:06 PM UTC

Gladstone Capital Corp. (GLAD) reports Q1 earnings of $27.1 million, missing Wall Street expectations. Adjusted EPS was 50 cents per share on revenue of $22 million.

Published on: February 11, 2025, 10:06 PM UTC

Eversource Energy reports Q4 net income of $72.5 million, beating Wall Street expectations. EPS was $1.01, revenue was $2.97 billion. For the year, profit was $811.7 million, revenue was $11.9 billion.

Published on: February 11, 2025, 10:05 PM UTC

Tesla shares have retreated 32% since mid-December, sparking speculation of a trading opportunity. Despite recent losses, Tesla remains overvalued compared to peers and has shown technical weakness. Some market watchers see potential in buying Tesla put spreads to capitalize on a potential downside and provide a market hedge.

Published on: February 11, 2025, 10:05 PM UTC

Traders brace for inflation data test on bets for higher US yields after job market report

Published on: February 11, 2025, 10:04 PM UTC

Teradata (TDC) Misses Q4 Revenue Estimates, Stock Drops 12.5%. Revenue falls 10.5% to $409 million, below expectations. Q1 revenue guidance of $432.5 million also misses analysts' estimates. However, adjusted EPS of $0.53 per share beats consensus by 22.1%. Explore Teradata's recent performance and prospects in our detailed analysis.

Published on: February 11, 2025, 10:04 PM UTC

Chinese automaker BYD inks a deal with AI company DeepSeek to develop autonomous tech, potentially challenging Tesla's dominance in the EV market.

Published on: February 11, 2025, 10:03 PM UTC

With the Magnificent Seven trade underperforming other tech stocks, some investors are reducing their exposure. Concerns over capex, valuation, and concentration fuel the Mag 7 sell-off.

Published on: February 11, 2025, 10:02 PM UTC