Market

WEC Energy Group (WEC) reported a Q4 net income of $453.5 million, below expectations. Revenue was $2.28 billion, also missing estimates. For the year, the company reported a profit of $1.53 billion with revenue of $8.6 billion.

Published on: February 04, 2025, 01:08 PM UTC

Silicon Laboratories reports a Q4 loss of $23.8 million, or 73 cents per share, matching expectations. Revenue of $166.2 million surpasses forecasts; 2023 revenue guidance provided.

Published on: February 04, 2025, 01:08 PM UTC

Stocks struggled for direction as traders weighed tariff concerns and a mixed bag of corporate earnings. The dollar weakened and bond yields rose.

Published on: February 04, 2025, 01:05 PM UTC

Despite geopolitical uncertainty, Alphabet Inc.'s resilient growth and attractive valuation offer protection. Despite China's antitrust probe, analysts see Alphabet as a bargain among tech giants. The stock is trading below estimated earnings and boasts solid revenue growth, with strong core businesses in search advertising, cloud, and other high-margin ventures.

Published on: February 04, 2025, 01:04 PM UTC

Water technology company Xylem (NYSE: XYL) reported better-than-expected Q4 sales, up 6.5% year over year to $2.26 billion, but its full-year revenue guidance missed analyst estimates. Non-GAAP profit of $1.18 per share exceeded expectations, but guidance for both revenue and EPS in 2025 missed estimates. Xylem's organic revenue growth was 7% year over year, and its operating margin expanded to 11.8%. The stock's performance and whether it's a good buy depends on valuation, business qualities, and the latest earnings.

Published on: February 04, 2025, 01:04 PM UTC

US stocks fell on Monday in response to the Trump administration's scheduled tariff rollout against Canada and China, with the tech-heavy Nasdaq Composite (^IXIC) closing down 1.2%. The announcement sparked fears of an escalation of trade tensions and its impact on corporate earnings. Investors closely monitored the developments, with major averages paring heavier losses after President Trump said the US would delay duties on Mexican imports by a month.

Published on: February 04, 2025, 01:03 PM UTC

Alphabet and Meta earnings: Tech giants report quarterly results amid AI competition and regulatory concerns

Published on: February 04, 2025, 01:03 PM UTC

Rising US-China trade tensions will affect prices for Apple, Nvidia, and Intel. Trump has imposed 10% tariffs on Chinese goods, including electronics, and threatened additional tariffs on chips. Tech companies may have to raise product prices or absorb the costs, which would impact earnings. Apple may need to shift manufacturing outside China to avoid the impact of tariffs, while chipmakers could face higher costs and reduced demand.

Published on: February 04, 2025, 01:02 PM UTC

US stock futures mixed as China retaliates to Trump's tariffs, raising trade war concerns. Beijing imposes tariffs on US goods, while Alphabet's Google faces antitrust investigation. Earnings reports from Spotify, PayPal, and others in focus, with S&P 500 earnings expected to outpace last year.

Published on: February 04, 2025, 01:02 PM UTC

The market is reacting to uncertainty over Trump's tariff policy, with stocks falling on news of tariffs and rallying on news of delays or pauses. Investors are hopeful that tariffs will be used as bargaining chips, but there is concern that they could lead to inflation and slow economic growth.

Published on: February 04, 2025, 01:01 PM UTC