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Wayfair's (W) Q4 beats on revenue but stock drops. Revenue was flat year on year at $3.12 billion, but non-GAAP loss of $0.25 per share was below estimates. Active customers declined by 1 million year on year to 21.4 million. Guidance to come on the earnings call shortly.
Published on: February 20, 2025, 01:04 PM UTC
Carvana (CVNA) beats revenue and profit estimates in Q4, but shares drop after hours. The online car dealer reports record annual revenue and adjusted EBITDA, but warns of rising costs and supply chain issues.
Published on: February 20, 2025, 01:03 PM UTC
Palantir stock (PLTR) dropped 10% after news that the Trump administration plans Pentagon budget cuts, with over half of the company's revenue coming from government contracts.
Published on: February 20, 2025, 01:03 PM UTC
Fed's Bostic: Rate cuts still on the table as policymakers assess economy and Trump administration policies
Published on: February 20, 2025, 01:02 PM UTC
Pharmaceutical companies and pharmacy benefit managers (PBMs) battle in Washington, D.C., over patient savings and limiting patient choices. PBMs defend their value in healthcare, while scrutiny intensifies over their rebate strategy and impact on drug costs. New models like GoodRx and Cost Plus Drugs emerge as alternative drug access options, challenging the traditional role of PBMs.
Published on: February 20, 2025, 01:02 PM UTC
U.S. stock futures fall on Thursday, as investors digest the latest sign the Federal Reserve is unlikely to cut rates anytime soon.
Published on: February 20, 2025, 01:02 PM UTC
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Published on: February 20, 2025, 01:02 PM UTC
Palantir's stock plunges 10% after negative news, including CEO's stock sale plan and defense spending cuts. The company's headcount growth has slowed, and its chief accounting officer is stepping down. Palantir's reliance on top customers remains a concern.
Published on: February 20, 2025, 01:01 PM UTC
Analyst estimates remain bullish for Nvidia (NVDA) despite competition from DeepSeek. Keybanc raises its price target to $190, citing strong demand from China and communications service providers. Loop Capital maintains its buy rating, emphasizing Nvidia's long-term growth potential in accelerated computing and AI.
Published on: February 20, 2025, 01:01 PM UTC
Bandwidth (BAND) reported a 27% revenue increase in Q4 CY2024, exceeding estimates but provided weaker guidance. Non-GAAP loss of $0.06 per share missed expectations, while Adjusted EBITDA beat estimates. Revenue and EBITDA guidance for FY2025 came in slightly below consensus. The stock fell 11.7% on lower revenue guidance despite strong Q4 performance. Read our full research report to evaluate BAND's investment potential.
Published on: February 20, 2025, 01:01 PM UTC