News
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Tesla’s Germany sales drop by half in April as electric vehicle market grows
Investing.com -- Tesla Inc (NASDAQ:TSLA) saw a significant drop in its sales volume in Germany in April, according to data released by the German road traffic agency, KBA. The agency reported that Tesla sold 885 cars in the country in April, marking a 45.9% decrease from the same month the previous
Investing.com
Tue, May 6
Lemonade: Solid Growth in Tough Quarter
Here's our initial take on Lemonade's (NYSE: LMND) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$119.1 million$151.2 million27%BeatEarnings per share-$0.67-$0.86-28%BeatIn-force premiums$794 million$1.0 billion26%n/aGross loss ratio79%78%100 ...The Motley Fool
Tue, May 6
Corbus Pharmaceuticals Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Corbus Pharmaceuticals Holdings Inc CRBP.OQ reported a quarterly adjusted loss of $1.39 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -83 cents. The mean expectation of nine analysts for the quarter was for a loss of $1.28 per sh...Reuters
Tue, May 6
Rising Costs Weigh on Vertex Q1 Earnings
Here's our initial take on Vertex Pharmaceuticals' (NASDAQ: VRTX) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$2.69 billion$2.77 billion 3%MissedAdjusted earnings per share$4.76$4.06-15%MissedTrikafta/Kaftrio revenue$2.48 billion$2.54 billion 2%n/...The Motley Fool
Tue, May 6
US Midwest banks off to strong start in 2025 despite tariffs, Hovde Group says
** Hovde Group says U.S. Midwest banks had a great start to the year considering the overhang of tariffs and cross currents in macro fundamentals** Nearly 80% of the 30 Midwest banks in Hovde's coverage beat EPS expectations for Q1, with interest margin expansion being the huge highlight** Broke...Reuters
Tue, May 6
Sealed Air rises after upbeat quarterly results
** Shares of food and protective packaging company Sealed Air SEE.N up 5.5% at $29.05 premarket** Co reports Q1 adjusted EPS of 81 cents, beating estimates of 68 cents, while revenue narrowly beat expectations- data compiled by LSEG** Co maintains its annual sales, profit forecasts** "While our ...Reuters
Tue, May 6
U.S. STOCKS ON THE MOVE-Datadog, Marriott, IQVIA
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Tuesday after President Donald Trump's plans for potential pharma tariffs renewed fears about the impact of the global trade war, further dampening inves...Reuters
Tue, May 6
Great Lakes Dredge & Dock Corp reports results for the quarter ended March 31 - Earnings Summary
Great Lakes Dredge & Dock Corp GLDD.OQ reported quarterly adjusted earnings of 49 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of four analysts for the quarter was for earnings of 26 cen...Reuters
Tue, May 6
LIVE MARKETS-S&P 500 index's moving average wall trumps win streak
US equity index futures red; Nasdaq 100 down >1%Mar international trade -$140.5B vs -$137.0B estimateEuro STOXX 600 index off ~0.2%Dollar down; bitcoin slips; gold up >1.5%; crude up ~2.5%US 10-Year Treasury yield edges down to ~4.33%Welcome to the home for real-time coverage of markets brough...Reuters
Tue, May 6
DXC Launches Insurance SaaS Solution Availability in AWS Marketplace
ASHBURN, Va., May 6, 2025 /PRNewswire/ -- DXC Technology, a leading Fortune 500 global technology services provider, today announced that its suite of DXC Assure SaaS insurance solutions is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, dat...PR Newswire
Tue, May 6
Why Vertiv Holdings Rallied Over 18% in April
Shares of data center infrastructure leader Vertiv Holdings (NYSE: VRT) rallied 18.3% in April, according to data from S&P Global Market Intelligence.Vertiv, like most artificial intelligence stocks, had sold off to start the year and took another leg down after April 2 "Liberation Day."Where to inv...The Motley Fool
Tue, May 6
Why Vertiv Holdings Rallied Over 18% in April
Shares of data center infrastructure leader Vertiv Holdings (NYSE: VRT) rallied 18.3% in April, according to data from S&P Global Market Intelligence.Vertiv, like most artificial intelligence stocks, had sold off to start the year and took another leg down after April 2 "Liberation Day."Where to inv...The Motley Fool
Tue, May 6
Portillos shares dip after dour annual revenue, profit forecast
** Shares of fast casual restaurant chain Portillos PTLO.O down 7% at $9.68 premarket** Co now expects fiscal 2025 revenue growth between 10% and 12% vs. previous expectations of 11% to 12% growth** Sees annual adjusted core profit to rise 5% to 8% compared to the prior 6% to 8% growth forecast**...Reuters
Tue, May 6
Mersana Therapeutics announces restructuring plans; shares fall
** Shares of drug developer Mersana Therapeutics MRSN.O fall 5.5% to 34 cents premarket ** MRSN announces restructuring and reprioritization plan to extend its cash and for further development of its experimental cancer drug, emiltatug ledadotin ** Restructuring plan will reduce workforce by about ...Reuters
Tue, May 6
NYSE Content Advisory: Pre-Market update + Federal Reserve begins two-day policy meeting
NEW YORK, May 6, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 6th ...PR Newswire
Tue, May 6
