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Domino's Pizza EPS Shines in Q4
Restaurant chain stalwart Domino's Pizza (NASDAQ:DPZ) reported fourth-quarter and full-year 2024 earnings on Monday, Feb. 24, that fell short of analysts' consensus expectations but still managed to highlight a consistent trajectory of growth and profitability. Earnings per share (EPS) came in at $4...
The Motley Fool
Mon, Feb 24
This Was the Average Social Security Benefit in 1965, and Here's What It Is Now
A lot has changed since 1965. Cellphones didn't exist, gas was around $0.30 per gallon, and the federal minimum wage was $1.25 an hour. Aside from inventions, price changes, and major cultural shifts, Social Security has also had its fair share of changes, including the average monthly benefit.The a...
The Motley Fool
Mon, Feb 24
Should You Follow Cathie Wood in Buying the Nu Holdings Stock Dip?
Nu Holdings (NYSE: NU) investors ended this past trading week on a downtick. The fast-growing Brazilian fintech stock plummeted 19% on Friday after the company posted a disappointing financial update.There were a few pressure points in Nu's fourth-quarter results. However, an interesting growth inve...
The Motley Fool
Mon, Feb 24
BUZZ-Robinhood rises after SEC drops investigation into its crypto platform
** Shares of trading platform Robinhood Markets HOOD.O rise 3.2% to $53.25 premarket ** Co says U.S. Securities and Exchange Commission closes investigation into Robinhood Crypto with no enforcement action ** Robinhood Crypto received Wells Notice from SEC in May 2024 ** Move is latest sign of ...
Reuters
Mon, Feb 24
Hedge funds exit tech, media stocks at fastest pace in six months, Goldman Sachs says
By Nell Mackenzie LONDON, Feb 24 (Reuters) - Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to Goldman Sachs, just as Nvidia NVDA.O, one of the biggest tech firms by market capitalisation, readies to report earnings.Nvidi...
Reuters
Mon, Feb 24
FACTBOX-Brokerages see uncertain 2025 on worries over Trump tariffs
Updates with FX forecasts from J.P.Morgan; U.S. 10-year yield target from Peel Hunt; U.S. inflation estimates from Goldman Sachs, Wells Fargo and Peel Hunt; Real GDP forecasts from Goldman Sachs, Barclays, J.P.Morgan, Citigroup, Deutsche Bank and Peel Hunt Feb 24 (Reuters) - Uncertainties around ...
Reuters
Mon, Feb 24
1 Brilliant Growth Stock to Buy Now and Hold for the Long Term
Growth stocks have a lot of upside potential -- that's why they're called growth stocks. But reality is often trickier than theory. Even if a company is growing quickly, you might pay too much for this growth, meaning your returns will be sub-optimal. The best time to buy a growth stock is when most...
The Motley Fool
Mon, Feb 24
5 Top AI Stocks I'm Buying on the Dip
Artificial intelligence (AI) stocks took a rare tumble last week, hit by a perfect storm of market pressures. Alarming inflation data, mounting geopolitical tensions, and growing concerns about valuation levels all contributed to the sell-off.The Consumer Price Index (CPI), which tracks the average ...
The Motley Fool
Mon, Feb 24
Citi upgrades Indian stocks to 'overweight' on rate cut prospects, limited trade impact
Feb 24 (Reuters) - Citigroup upgraded Indian stocks to "overweight" from "neutral" on Monday, citing improving consumer sentiment, further rate cuts, and limited U.S. trade exposure.India's "domestic-oriented economy" keeps it more shielded from increased exposure to the ...
Reuters
Mon, Feb 24
BUZZ-Bernstein raises Insulet's PT on robust insulin device demand
** Brokerage Bernstein raises PT on medical device maker Insulet Corp PODD.O to $335 from $315 ** New PT represents 18.5% upside to stock's last close ** Says it maintains "outperform" rating, adding its PT reflects increasing profitability ** Brokerage pointed several growth drivers fo...
Reuters
Mon, Feb 24
BUZZ-Fresh Del Monte Produce down after banana segment sales decline
** Shares of fresh fruit and vegetables marketer Fresh Del Monte Produce FDP.N down ~4% at $29.72 premarket** Q4 net sales rose 0.5% to $1.01 billion on higher prices and sales in its fresh and value-added products segment, its largest, but was offset by banana segment weakness** Banana segment sale...
Reuters
Mon, Feb 24
Rheinmetall to convert German factories to make defence equipment
Sites in Berlin, Neuss to make mostly defence equipmentMove reflects rising demand for military equipmentFinal decision on project still to be finalisedAdds context, analysis from paragraph 4By Christoph Steitz and Matthias Inverardi FRANKFURT/DUESSELDORF, Feb 24 (Reuters) - Rheinmetall, Europe...
Reuters
Mon, Feb 24
GLOBAL MARKETS-German stocks and euro rise after conservatives win election
DAX up, Euro hits one-month high after Merz wins German vote Germany likely heading for centrist grand coalition Wall St futures bounce ahead of Nvidia earnings
Reuters
Mon, Feb 24
BUZZ-Bath & Body Works rises after Barclays upgrades to 'equal weight'
** Bath & Body Works BBWI.N shares up 1.7% at $39.2 premarket ** Brokerage Barclays upgrades co to "equal weight" from "underweight", raises PT to $43 from $34** New product releases including the most recent Disney Princess collaboration, as well as continued expansion of men...
Reuters
Mon, Feb 24
BUZZ-Entrada rises as FDA removes clinical hold on muscle-wasting therapy
** Shares of drug developer Entrada Therapeutics TRDA.O rise 7.4% to $14 premarket** TRDA says FDA has removed clinical hold on co's therapy, ENTR-601-44, which is being studied for a type of muscle-wasting disorder called Duschenne muscular dystrophy (DMD) in the U.S.** Co receives authorizatio...
Reuters
Mon, Feb 24
Amcor to present at the Bank of America 2025 Global Agriculture and Materials Conference on February 26, 2025
ZURICH, Feb. 24, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions will present at the at the Bank of America 2025 Global Agriculture and Materials Conference on Wednesday February 26, 2025. Amcor's CEO Peter Konieczny...
PR Newswire
Mon, Feb 24
3 Growth Stocks That Could Skyrocket in 2025 and Beyond
Growth stocks can help to supercharge your investment portfolio and boost your retirement fund. The key, however, is to carefully select the right stocks to own for the long term. Ideally, you will want to own stocks that are displaying consistent increases in revenue and profits and are on the path...
The Motley Fool
Mon, Feb 24
US STOCKS-Futures rebound after Wall St selloff, Apple dips on AI spending plan
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Nike gains after Jefferies upgrades to 'buy'Berkshire Hathaway's class B shares gain after co posts record Q4 profitDomino's Pizza falls after missing Q4 same-store sales estima...
Reuters
Mon, Feb 24
Apple to invest $500bn in US expansion, adding 20,000 jobs and AI facilities
Investing.com -- Apple (NASDAQ:AAPL) has announced plans to invest $500 billion in the U.S. over the next four years, marking its largest-ever domestic investment. The initiative will focus on artificial intelligence, silicon engineering, and advanced manufacturing, creating around 20,000 new jobs
Investing.com
Mon, Feb 24
Jefferies raises Nike, says there are 'changes afoot' for its new top pick
Investing.com -- Jefferies analysts upgraded Nike (NYSE:NKE) to Buy and raised their price target for the stock to $115 in a note Monday, citing the company’s turnaround efforts under CEO John Don
Investing.com
Mon, Feb 24
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