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Vicor Corporation (VICR) reported a strong Q4 CY2024, beating Wall Street's revenue estimates with a 3.8% year-on-year increase to $96.17 million. GAAP profit of $0.23 per share exceeded analysts' consensus by 58.6%. Vicor's Q4 highlights include a revenue beat of 5.6%, an EPS beat of 58.6%, an improved operating margin, and a backlog of $155.5 million.
Published on: February 20, 2025, 11:07 PM UTC
Comfort Systems reports $145.9 M Q4 net income, up from $123.5 M in Q4 2021; revenue of $1.87 B. Full-year net income of $522.4 M, up from $417.7 M in 2021; revenue was $7.03 B.
Published on: February 20, 2025, 11:06 PM UTC
World Kinect Corporation reports a $101.8 million loss in Q4, exceeding Wall Street earnings estimates but missing revenue forecasts.
Published on: February 20, 2025, 11:05 PM UTC
Federal Reserve Governor Adriana Kugler says she believes the Fed should hold its target for short-term borrowing costs in its current range to fight inflation.
Published on: February 20, 2025, 11:04 PM UTC
Asian stocks advance despite disappointing forecast from Walmart; US stocks fall from all-time highs due to concerns about consumer health and geopolitical conditions.
Published on: February 20, 2025, 11:04 PM UTC
Mortgage rates ticked down slightly this week to 6.85% for 30-year fixed-rate mortgages and 6.04% for 15-year mortgages.
Published on: February 20, 2025, 11:03 PM UTC
Natural gas fuels energy sector outperformance; XLE up over 7% YTD, individual movers include PAA, BKR, and MPLX
Published on: February 20, 2025, 11:03 PM UTC
Gold hits new all-time high approaching $3,000, fueled by trade war fears, Ukraine-Russia tensions, and speculation over US gold reserves verification.
Published on: February 20, 2025, 11:02 PM UTC
St. Louis Fed President Musalem Raises Inflation Concerns, Says Interest Rate Cuts Depend on Economic Outlook
Published on: February 20, 2025, 11:02 PM UTC
US stocks pulled back on Thursday as investors assessed Walmart's cautious outlook and the impact of President Trump's planned tariffs and policy shifts. The Dow Jones Industrial Average (^DJI) fell roughly 450 points, or around 1%. The S&P 500 (^GSPC) dropped 0.5%, pulling back after its second record close in a row on Wednesday, while the tech-heavy Nasdaq Composite (^IXIC) also lost about 0.5%.
Published on: February 20, 2025, 11:01 PM UTC