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US stock futures inch lower after Amazon disappoints, joining Google and other AI-focused Big Tech companies with weak projections.
Published on: February 07, 2025, 01:01 AM UTC
US stock futures decline after Amazon earnings disappoint, while AI remains a focus for investors amid earnings season. Join us for live stock market coverage.
Published on: February 07, 2025, 01:00 AM UTC
Take-Two Interactive (TTWO) reports Q4 earnings, missing revenue estimates but exceeding outlook expectations. Despite a GAAP loss, the stock surges 6.8% on positive guidance for Q1 and the full year.
Published on: February 06, 2025, 11:07 PM UTC
Traders navigate Trump's unpredictable trade policies with cautious strategies and complex hedges. Volatility surges across markets, demanding nimbleness and protection against conflicting headlines. Investors embrace shorter-term positions and embrace complex hedging strategies to manage risks.
Published on: February 06, 2025, 11:07 PM UTC
Microchip Technology (MCHP) missed Q4 revenue and EPS estimates, with weak revenue guidance for Q1. Inventory days rose to 266, indicating weak demand. Revenue declined 41.9% YoY to $1.03B, and analysts expect flat growth over the next 12 months. Explore our full research report to assess Microchip Technology's investment potential.
Published on: February 06, 2025, 11:07 PM UTC
Skechers (NYSE:SKX) reported inline Q4 sales but below-consensus EPS. Revenue guidance fell short of estimates, raising concerns about future growth. Analysts expect 9.9% revenue growth over the next 12 months, indicating a slowdown in top-line performance. Weak cash profitability limits capital returns to shareholders. The stock dropped 12.3% post-earnings, making it worth evaluating for potential buying opportunities.
Published on: February 06, 2025, 11:06 PM UTC
Microchip's Q4 forecast falls short of estimates, with net sales and profit expectations below Wall Street's average due to weak automotive demand and excess inventory.
Published on: February 06, 2025, 11:05 PM UTC
Franklin Templeton seeks regulatory approval to launch a new crypto index exchange-traded fund, as asset managers hope to cash in on the crypto wave amid Donald Trump's victory in U.S. presidential elections.
Published on: February 06, 2025, 11:05 PM UTC
Bank of Canada Governor Tiff Macklem says Trump's tariffs and policy shifts in the U.S. are causing uncertainty and impacting businesses and households.
Published on: February 06, 2025, 11:05 PM UTC
Asian stocks poised for early declines as traders await key US jobs data that could influence interest rate expectations; S&P 500 and Nasdaq 100 end higher amid mixed corporate earnings; BOE cuts interest rates, pound falls; Treasury Secretary reiterates view for lower 10-year yields; Reserve Bank of India likely to cut benchmark rate.
Published on: February 06, 2025, 11:05 PM UTC