News
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Community West Bancshares reports results for the quarter ended March 31 - Earnings Summary
Community West Bancshares CWBC.OQ reported quarterly adjusted earnings of 44 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 five analysts for the quarter was for earnings of 46 cents per sh...Reuters
Tue, Apr 22
Brazil's StoneCo rise after Citi upgrades to 'buy'
** Brazilian payments firm StoneCo's STNE.O shares rise 7% to $12.90** Citi Research upgrades STNE to "buy" from "neutral"; raises PT to $15 from $9, a 24.4% upside to stock's last close** STNE is Citi's 'top pick' in the Brazilian payments sector** Brokerage say...Reuters
Tue, Apr 22
Cathay General Bancorp jumps after Q1 profit beats estimates
** Regional lender Cathay General Bancorp's CATY.O shares jump 7.4% to $41.45** CATY late Monday reported Q1 profit above Wall Street expectations for the second straight quarter** Bank's profit has twice missed Street expectations in the last four quarters, per LSEG** Piper Sandler says Q1 ...Reuters
Tue, Apr 22
GLOBAL MARKETS-Stocks jump, dollar inches up; investors assess Trump comments on Fed chief
US stocks sharply higher by afternoon with earnings in focusDollar index edges higher after falling on MondayGold eases after hitting all-time high above $3,500By Caroline Valetkevitch NEW YORK, April 22 (Reuters) - U.S. stocks climbed more than 2% on Tuesday after the previous day's selloff,...Reuters
Tue, Apr 22
Why GE Aerospace Stock Is Flying Higher Today
GE Aerospace (NYSE: GE) topped Wall Street's expectations for the first quarter Tuesday morning, delivering 11% year-over-year revenue growth. Investors cheered the results, sending shares up by about 5% as of 1:30 p.m. ET.Increasing profits in a tough environmentGE Aerospace manufactures jet engine...The Motley Fool
Tue, Apr 22
Why Shares of Amazon, Walmart, and Home Depot Are Rebounding Today
The stocks of big-box retailers and large e-commerce companies rebounded today, as news reports hinted at progress on negotiations between the Trump administration and trade partners. U.S. Treasury Secretary Scott Bessent also reportedly expressed more positive sentiment regarding the United States'...The Motley Fool
Tue, Apr 22
BCB Bancorp falls after posting surprise first-quarter loss
** Community lender BCB Bancorp's BCBP.O shares fall 5.2% to $8.91** BCBP posts Q1 loss of 51 cents/shr vs Wall Street expectations of profit of 22 cents/shr** Q1 loss was driven by a $13.7 million reserve tied to a $34.2 million loan in the cannabis sector - CEO Michael Shriner** "Although ...Reuters
Tue, Apr 22
US bank Investar jumps after Piper Sandler upgrades to 'overweight'
** U.S. bank Investar Holding's ISTR.O shares jump as much as 12.3%; last up 10% at $18.69** Piper Sandler upgrades ISTR to "overweight" from "neutral"; raises PT to $22 from $21, a 30% upside to stock's last close** Brokerage says ISTR earlier this week delivered strong Q1 r...Reuters
Tue, Apr 22
Carvana up after Piper Sandler raises PT
** Online used-car retailer Carvana's CVNA.N shares rise 9.2% to $213.8** Piper Sandler raises PT on CVNA to $230 from $225** Says as long as automotive credit keeps flowing, CVNA will continue growing unit sales, even if higher prices prompt lower market-wide transactions ** Used vehicle sales ...Reuters
Tue, Apr 22
BREAKINGVIEWS-Crafty CEOs peek around tariff corners
By Sebastian Pellejero NEW YORK, April 22 (Reuters Breakingviews) - There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while...Reuters
Tue, Apr 22
Why Palantir Stock Is Surging Today
After sell-offs yesterday, Palantir (NASDAQ: PLTR) stock is rising in Tuesday's trading. The software specialist's share price was up 3.6% as of 10:15 a.m. ET amid the backdrop of a 1.9% gain for the S&P 500 and a 2.1% gain for the Nasdaq Composite. The stock had been up as much as 6.1% earlier in t...The Motley Fool
Tue, Apr 22
Here's How RTX Shocked the Market Today (Hint: It's Tariff Related)
Comments about tariff impacts helped send the stock of aerospace and defense company RTX (NYSE: RTX) down today. It was down 10.5% at 1:30 p.m. ET as broader markets rallied. RTX's first-quarter earnings and guidanceThere was nothing wrong with RTX's first-quarter earnings report released today, and...The Motley Fool
Tue, Apr 22
Why Halliburton Stock Is Down Today
Oil services company Halliburton (NYSE: HAL) delivered a first-quarter report that met analysts' expectations, but also warned of troubles ahead. Investors were disappointed, sending Halliburton shares down by as much as 10% at the open and down by 6% as of 1:28 p.m. ET, even as the broader market r...The Motley Fool
Tue, Apr 22
Bernstein downgrades eBay on tariff concerns and softening e-commerce environment
** Brokerage Bernstein downgrades e-commerce firm eBay EBAY.O to "market perform" from "outperform," trims PT to $65 from $70 ** PT implies a 3.3% downside to the stock's last close ** The operating environment for e-commerce has changed, with softer data and tariffs exacerbating...Reuters
Tue, Apr 22
Why Lockheed Martin Stock Is Volatile Today
Expectations were low for Lockheed Martin (NYSE: LMT) heading into earnings season, but the company's results turned out better than some had expected.Shares of Lockheed opened down nearly 4% but rallied to be up 2% as of noon Eastern.Where to invest $1,000 right now? Our analyst team just revealed ...The Motley Fool
Tue, Apr 22
PREVIEW: Intuitive Surgical stock rises ahead of earnings
** Intuitive Surgical ISRG.O shares rise 2.5% ahead of qtrly results after the bell, with investors focused on demand for its surgical robots** Analysts expect qtrly rev up 16% to $2.19 bln, adjusted EPS seen at $1.72 vs $1.50 yr-ago, per LSEG, reflecting expectations that demand for minimally invas...Reuters
Tue, Apr 22
PREVIEW: Enphase Energy shares rise ahead of earnings
** Solar inverter maker Enphase Energy ENPH.O shares surge 3.4% ahead of qtrly results after the bell, with investors focused on robust demand and revenue growth** Analysts expect Q1 rev up 37% to $360.9 mln, with adjusted EPS seen at $0.70 vs $0.35 yr-ago, per LSEG** On February 4, co forecast Q1 r...Reuters
Tue, Apr 22
Here's Why 3M Stock Crushed the Market Today
Shares of 3M (NYSE: MMM) rose by 8% before 11 a.m. on Tuesday as the market digested an impressive first-quarter earnings report.An excellent quarter for 3MSales came in at the high end of the intra-quarter adjustments to management's outlook given in March, and margins and profits were significantl...The Motley Fool
Tue, Apr 22
