Market

MACOM Technology Solutions (NASDAQ: MTSI) Q4 2024 results beat revenue expectations, with sales up 38.8% YoY to $218.1 million. Guidance for next quarter's revenue is optimistic at $230 million, above analysts' estimates. Is now the time to buy MACOM? Find out in our full research report.

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

US jobless claims rise to 219,000 last week, but labor market remains healthy

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

MasterCraft (MCFT) reported Q4 CY2024 revenue of $63.37 million, beating estimates but falling 36.3% year-over-year. EPS of $0.10 significantly surpassed expectations, while guidance for next quarter fell short. Revenue guidance for the full year of $285 million was reconfirmed.

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

Traders expect further interest rate cuts from the Bank of England after policymakers lowered costs, with two voting for a bigger reduction. Money markets fully price two more quarter-point cuts and an 80% chance of a third. The pound fell, while UK bonds initially rallied.

Published on: February 06, 2025, 02:05 PM UTC

Farm Frens delays token airdrop due to Telegram's exclusivity shift to TON. Developers express concerns with "unreasonable deadlines" and lack of notice.

Published on: February 06, 2025, 02:05 PM UTC

Oil prices fluctuated after falling to their lowest point of the year, with geopolitical uncertainty and trade war fears impacting market sentiment.

Published on: February 06, 2025, 02:04 PM UTC

Roblox reports lower-than-expected daily active users and bookings, sending shares tumbling. The gaming platform projects future growth but faces criticism over safety concerns.

Published on: February 06, 2025, 02:04 PM UTC

Belden's Q4 sales beat estimates with a 20.8% increase to $666 million, but its quarterly revenue guidance missed expectations. Adjusted EPS of $1.92 surpassed consensus estimates by 13.6%. While the company showed strength in revenue and EPS, its guidance for Q1 CY2025 was underwhelming, with revenue below analyst estimates and adjusted EPS guidance also falling short. Overall, Belden's Q4 results were mixed, and its stock price declined post-earnings.

Published on: February 06, 2025, 02:04 PM UTC

US jobless claims rise moderately; labor market remains resilient

Published on: February 06, 2025, 02:04 PM UTC

President Trump's actions in office have diverged from voter priorities. Instead of addressing inflation and economic concerns, he has focused on import tariffs, immigration, and foreign aid. Economists argue that his policies could harm economic growth and worsen Americans' financial situation. Experts suggest Trump could address pressing issues like food inflation, housing affordability, and insurance costs, but he has not taken significant action on these matters.

Published on: February 06, 2025, 02:03 PM UTC