Earnings
Home Depot Beats Fourth-Quarter Expectations with $3.13 EPS
Home Depot's fourth-quarter performance exceeded market expectations, with reported EPS of $3.02 surpassing the anticipated $3.0.
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Earnings
DigitalOcean Reports Better than Expected Results for Q4 2024
DigitalOcean Holdings, Inc. (NYSE: DOCN) has reported a remarkable performance in the fourth quarter of 2024.
Market Analysis
Sandisk’s Stock Climbs on Debut as Firm Splits from Western Digital
Sandisk Corporation has successfully begun trading on the Nasdaq Stock Market as an independent entity.
Market Analysis
Starbucks Stock Rises Following Major Layoffs Affecting 1,000+ Roles
Starbucks is undergoing a major corporate restructuring, including the layoff of 1,100 employees.
Market Analysis
Nike Gets a $115 Price Target as NikeSkims Set to Boost Women’s Activewear Market Reach
Jefferies upgraded Nike's stock rating to Buy with a $115 price target.
Earnings
Owens Corning Beats Market Expectations with $3.22 Adjusted EPS in Q4 2024
In the fourth quarter of 2024, Owens Corning reported a net loss attributable to the company of $258 million.
Market Analysis
Elliott Investment Management Drives Southwest’s Historic 1,750 Job Layoffs
Southwest Airlines plans to lay off 1,750 employees, marking its first major job cuts in 53 years, to save $210 million this year.
Market Analysis
SEC Drops Lawsuit Against Coinbase Amid Regulatory Overhaul
The SEC's decision to withdraw its lawsuit against Coinbase marks a pivotal shift in the U.S. regulatory approach to cryptocurrency under new leadership.
Market Analysis
Hasbro Aims to Cut Chinese Production Below 40% to Counter Tariffs, Stock Surges
Hasbro's stock surged after surpassing fourth-quarter 2024 earnings expectations and outlining strategic initiatives to mitigate tariff impacts.
Earnings
Southern Company: Full-Year Earnings Reach $4.4B in 2024
Southern Company reported fourth-quarter earnings of $534 million, a decline from the same period in 2023.
Earnings
Quanta Services, Inc. Beats Expectations with $305.1M Q4 Net Income
Quanta Services, Inc. recently announced its fourth quarter financial results, reporting consolidated revenues of $6.55 billion and a net income of $305.1 million.
Earnings
Walmart Forecasts 3-4% Growth in Net Sales for Q1 and FY 2026
Walmart Inc. reported a robust fourth-quarter performance with a revenue of $180.6 billion and an 8.3% increase in operating income.
Market Analysis
Garmin Stock Hits All-Time High as Fitness Segment Revenue Jumps 31% in Record Year
Garmin Ltd. reported record-breaking financial results for 2024, with a 23% increase in fourth-quarter revenue and a 20% rise for the full year.