Posts with tag: exploration
Pfizer (PFE) reports Q4 and full-year 2024 earnings, beating Wall Street expectations. Revenue grew 7% to $63.6 billion for the year, while EPS of $3.12 exceeded estimates. Despite facing headwinds like pipeline challenges and Medicare price negotiations, Pfizer plans to cut costs and enhance shareholder value in 2025.
Published on: February 04, 2025, 06:03 PM UTC
Number of job openings falls but job market remains tight as layoffs fall and hires rise.
Published on: February 04, 2025, 04:06 PM UTC
Spotify (SPOT) reports Q4 revenue beat and first full-year profit, driven by subscriber growth and improved margins. Monthly active users (MAUs) reached 675 million, topping estimates. Gross margins hit a record 32.2% as the company continues its efficiency efforts. Spotify CEO Daniel Ek forecasts accelerated execution and profitability in 2025.
Published on: February 04, 2025, 04:03 PM UTC
Energizer (NYSE: ENR) reported Q4 CY2024 revenue above expectations, with a 2.1% year-over-year increase to $731.7 million. Non-GAAP profit of $0.67 per share exceeded consensus estimates by 3.6%. Read our full research report for insights on ENR's performance and investment potential.
Published on: February 04, 2025, 01:05 PM UTC
US stocks fell Monday after the Trump administration's tariff rollout against Canada and China, but the major market losses were pared after President Donald Trump said the US would delay duties on Mexican imports for a month. The tech-heavy Nasdaq Composite (^IXIC) closed down 1.2%, recouping some of its earlier losses. Meanwhile, the S&P 500 (^GSPC) fell roughly 0.7%, and the Dow Jones Industrial Average (^DJI) fell 0.3%. Consumer discretionary (XLY) stocks, which includes automakers, were hit over fears of tariff impacts. Tech (XLK) also lagged as shares of AI chip giant Nvidia (NVDA), iPhone maker Apple (AAPL), and EV manufacturer Tesla (TSLA) all fell over 2.5%.
Published on: February 04, 2025, 12:03 PM UTC
Automaker stocks fell Monday after President Trump's tariffs on Canada and Mexico. GM, Ford, Stellantis, Toyota, and Honda all closed down at least 2%, while Tesla fell 5.2%. The tariffs could raise prices for US-built automobiles by $3,000, according to TD Economics.
Published on: February 04, 2025, 11:02 AM UTC
Nintendo cuts Switch sales forecast, leaving investors hungry for more
Published on: February 04, 2025, 09:04 AM UTC
US stock futures, dollar indexes mixed as China investigates Google, tariffs start
Published on: February 04, 2025, 08:01 AM UTC
Stocks rebounded after Trump suspended tariffs on Mexico, but experts warn that the market may be too optimistic about how his tariff agenda will unfold. Investors are advised to proceed with caution and consider the downside risks to sectors like tech and consumer electronics.
Published on: February 04, 2025, 07:03 AM UTC
Spotify (SPOT) is set to report its fiscal fourth quarter earnings before the bell on Tuesday. Wall Street expects another strong quarter of subscriber gains, with revenue projected to hit 4.16 billion euros and adjusted earnings per share of 1.89 euros. The company is also expected to announce a new multiyear distribution agreement with Universal Music Group.
Published on: February 04, 2025, 01:02 AM UTC