Posts with tag: blog
Rivian reports strong Q4, sees smaller losses for 2025; stock up 3%
Published on: February 21, 2025, 08:01 AM UTC
Asian stocks traded in a narrow range on Friday after US shares fell from record highs, with investors watching for a rebound in Chinese shares after losses on Thursday. The yen strengthened past 150 per dollar, while the S&P 500 slipped 0.4% on Thursday as Walmart shares fell.
Published on: February 21, 2025, 01:01 AM UTC
Meta Cuts Stock Option Grants by 10%, Despite Record High Share Prices
Published on: February 21, 2025, 12:00 AM UTC
AMN Healthcare Services (NYSE: AMN) Q4 revenue beat estimates, with quarterly revenue guidance exceeding expectations. Despite a year-on-year sales decline of 10.2%, non-GAAP EPS of $0.75 surpassed analysts' forecasts by 53.7%. Explore our full research report for insights on AMN's long-term growth potential and valuation.
Published on: February 20, 2025, 11:09 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
Rivian (RIVN) posted strong Q4 results, achieving positive gross profit and lowering its estimated 2024 EBITDA loss. The company sees a smaller loss for 2025 and guided for 2025 adjusted EBITDA loss in the range of $1.7 billion to $1.9 billion, with vehicle deliveries between 46,000 and 51,000. Rivian also has expansion plans with Volkswagen (VWAGY) and a $6.6 billion loan commitment from the DOE for a new assembly plant.
Published on: February 20, 2025, 11:01 PM UTC
Invesco Mortgage Capital Inc. (IVR) reported fourth-quarter earnings of $3.5 million, or 53 cents per share. Revenue was $76.1 million. For the year, the company reported profit of $59.9 million, or 65 cents per share. Revenue was $36.8 million.
Published on: February 20, 2025, 10:07 PM UTC
UniCredit plans to buy Banco BPM, raising to 278 million the maximum number of new shares to be issued to finance the bid.
Published on: February 20, 2025, 09:00 PM UTC
President Trump endorses the idea of a "DOGE dividend" that could give Americans a $5,000 tax refund. However, data shows the challenge DOGE faces to fulfill Trump's dividend promise. While cost-cutting efforts have generated savings, they fall short of the trillion dollars needed for a substantial dividend. The proposal has sparked debate amid doubts about its feasibility and potential impact on government programs.
Published on: February 20, 2025, 07:03 PM UTC
Energy stocks have outperformed other sectors thanks to natural gas, driven by cold weather, pipelines, and midstream companies. Amid expectations of stock buybacks and dividend hikes, investors have rotated into the Energy sector. Plains All America Pipeline, Baker Hughes, and MPLX have posted strong gains, while ExxonMobil, Chevron, and BP have also seen increases.
Published on: February 20, 2025, 07:02 PM UTC