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Hasbro Shares Surge as Company Smashes Earnings Estimates

Hasbro shares soar 12.95% after Q4 earnings beat and upbeat guidance. Cost-cutting initiatives and a positive outlook for the toy industry drive the rally. Despite tariff headwinds, Hasbro plans to mitigate impact through price adjustments and supply chain optimization.

Sprouts Surprises With Q4 Sales Beat, Guidance Raise

Sprouts Farmers Market (SFM) reported Q4 CY2024 results with a 17.5% YoY revenue increase to $2.00 billion and EPS of $0.79, beating analyst estimates. Revenue growth was driven by new store openings and same-store sales increases of 11.5%. The company guided for adjusted EPS of $4.60 in FY2025, exceeding analyst estimates by 7.8%.

Wix Beats Q4 Profit Estimates, Forecasts Up to $2 Billion Revenue in 2025

Wix.com beats Q4 net profit expectations, forecasts 2025 revenue up to $2 billion, boosted by price hikes, AI, and Studio products.

Intel Breakup Rumors: Chip Rivals Eye Deal to Split Up Company

Intel faces potential breakup as Broadcom and TSMC eye deals involving chip design and manufacturing businesses. Analysts weigh in on regulatory hurdles, antitrust issues, and the potential impact on Intel's market value.

Morgan Stanley-Led Banks Sell $4.74 Billion Twitter Debt

Morgan Stanley-led banks have sold $4.74 billion of Elon Musk's Twitter acquisition loans, bringing the total sold to almost $13 billion.

Nvidia Cuts Arm Stake, Sells Holdings in AI Firms

Nvidia reduces stake in Arm Holdings by 44%, exits Serve Robotics, SoundHound AI

Indian Rupee Rally May Be Short-Lived as RBI Shifts Focus to Easing

Indian rupee's sudden jump may not last due to monetary easing and global volatility. Analysts predict a decline to 88.8 per dollar by mid-2025, despite the recent gains.

Veeco Earnings Rise in Fourth Quarter

Veeco Instruments Inc. reports fourth-quarter profit of $15 million, with a per-share income of 26 cents. For the fiscal year, the company reports a profit of $73.7 million, or $1.23 per share, and revenue of $717.3 million.

Edison Sued by Shareholders Over Wildfire Risk Disclosures

Shareholders sue Edison International, parent company of Southern California Edison, alleging fraud over deadly wildfire

U.S. Stocks Set for Modest Gains; Trump's Tariffs to Take Center Stage

The market had a strong start to the year, but stocks fell on Friday due to concerns about President Trump's tariff plans. The tariffs will fully take effect on Tuesday, Feb. 4 and include 25% duties on Canada and Mexico and 10% on China. Investors will be watching for updates on job openings, activity in the services and manufacturing sectors, and quarterly results from companies like Amazon, Alphabet, and Chipotle. In addition, Trump's tariff plans, the January jobs report, and updates on employment will be closely followed.