Market

Clearfield Inc. reports a $1.9 million loss for the first fiscal quarter. The company expects revenue in the range of $37 million to $40 million for the current quarter and $170 million to $185 million for the full year.

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

CNO Financial Group reports Q4 profit of $166.1 million, beating Wall Street expectations. Adjusted earnings were $1.31 per share, and revenue reached $1.1 billion. For the year, the company reported a profit of $404 million, or $3.74 per share, on revenue of $4.5 billion.

Published on: February 06, 2025, 10:05 PM UTC

ViaSat Inc. (VSAT) reported a Q3 loss of $158.4 million, below analyst expectations of $91 cents per share. Revenue of $1.12 billion also missed estimates of $1.13 billion.

Published on: February 06, 2025, 10:05 PM UTC

Victory Capital Holdings Inc. (VCTR) reported fourth-quarter earnings of $76.9 million, exceeding Wall Street expectations. Adjusted earnings came to $1.45 per share, revenue was $232.4 million, also beating forecasts. For the year, the company reported profit of $288.9 million, or $4.38 per share, on revenue of $893.5 million.

Published on: February 06, 2025, 10:05 PM UTC

VeriSign's (VRSN) Q4 CY2024 earnings met revenue estimates but missed EPS slightly. Revenue grew 3.9% YoY to $395.4 million, while EPS was in line at $2.00. Analysts expect 3.3% revenue growth over the next 12 months.

Published on: February 06, 2025, 10:04 PM UTC

Arm and Qualcomm stocks fell after their earnings outlooks indicated that AI is not yet driving a new wave of demand for devices using their chips.

Published on: February 06, 2025, 10:03 PM UTC

Palantir Technologies (PLTR) stock surges 41% year-to-date, buoyed by strong financials like a 52% revenue jump in Q4 2024. Analysts revise EPS expectations upwards, with one reiterating a Buy rating. However, concerns remain regarding Palantir's premium valuation and the sustainability of its recent growth.

Published on: February 06, 2025, 10:03 PM UTC

Trump's Pick for U.S. Trade Representative Faces Skepticism from Republicans Over Trade War Concerns

Published on: February 06, 2025, 10:03 PM UTC

The January jobs report is expected to show hiring slowed to start 2023 while the unemployment rate was flat. Economists expect payrolls increased 170,000, while the unemployment rate held steady at 4.1%, according to consensus estimates.

Published on: February 06, 2025, 10:02 PM UTC

In a meeting with Republican lawmakers, President Trump discussed tax cuts and his aim to eliminate the carried interest tax deduction, targeting hedge fund managers. While some Democrats support this move, skepticism exists among Republicans and industry lobbyists.

Published on: February 06, 2025, 10:01 PM UTC