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TrueCar Inc reports results for the quarter ended December 31 - Earnings Summary
TrueCar Inc TRUE.OQ reported a quarterly adjusted loss of 7 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of six analysts for the quarter was for a loss of 6 cents per share. Wall Street ex...Reuters
Tue, Feb 18
Adeia Inc reports results for the quarter ended December 31 - Earnings Summary
Adeia Inc ADEA.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of three analysts for the quarter was for earnings of 43 cents per share. Wall St...Reuters
Tue, Feb 18
SolarBank Corp reports results for the quarter ended December 31 - Earnings Summary
SolarBank Corp SUNN.NLB reported a quarterly adjusted loss of 3 cents per share for the quarter ended December 31. The lone analyst forecast for the quarter was for a loss of 2 cents per share. Revenue was C$4.10 million; analysts expected C$16.44 million. SolarBank Corp shares had risen by 169....Reuters
Tue, Feb 18
CoStar projects 2025 revenue below estimates as choppy property market bites
Feb 18 (Reuters) - Real estate information provider CoStar Group CSGP.O forecast annual revenue below Wall Street estimates on Tuesday, reeling under persistent choppiness in the property market amid elevated mortgage rates and housing prices. Shares of the company, which owns property listing platf...Reuters
Tue, Feb 18
Chip design software maker Cadence forecasts annual profit below estimate, shares down
Feb 18 (Reuters) - Cadence Design Systems CDNS.O forecast its annual revenue and profit below analysts' estimates on Tuesday, in a sign of soft demand for its chip design software as clients tighten spending in a tough economy.Shares of the San Jose, California-based company fell 5% in extended ...Reuters
Tue, Feb 18
MORNING BID ASIA-Rate decisions roll in, markets hold firm at highs
By Jamie McGeever Feb 19 (Reuters) - A look at the day ahead in Asian markets. Two interest rate decisions and Chinese house prices top the Asia-Pacific calendar on Wednesday, with markets still pretty buoyant even as investors navigate the increasingly powerful crosscurrents of global trade...Reuters
Tue, Feb 18
LIVE MARKETS-S&P 500 posts record closing high; energy sector out front
Main U.S. indexes end slightly higherEnergy leads S&P 500 sector gainers; Comm Svcs weakest groupDollar up; crude, gold both up >1%; bitcoin declines >1%U.S. 10-Year Treasury yield rises to ~4.56%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You...Reuters
Tue, Feb 18
BUZZ-Strategy unveils $2 bln convertible offering to buy more bitcoin; shares tick lower
** Shares of Strategy MSTR.O, co formerly known as MicroStrategy, down fractionally in extended trading after announcing capital raise** Co says it's offering privately $2 bln convertible bonds due 2030** Software firm to use net proceeds for general purposes, including acquisition of bitcoin BT...Reuters
Tue, Feb 18
CANADA STOCKS-Energy shares boost TSX as investors digest inflation data
Updates to closeBy Pranav Kashyap and Nivedita BaluFeb 18 (Reuters) - Canada's main stock index closed higher on Tuesday, powered by energy and financial shares, as investors digested news that inflation inched higher in January. The Toronto Stock Exchange's S&P/TSX composite index .GSPT...Reuters
Tue, Feb 18
Grail Inc expected to post a loss of $7.05 a share - Earnings Preview
Grail Inc GRAL.OQ GRAL.O is expected to report resultson February 20 for the period ending March 31 2024LSEG's mean analyst estimate for Grail Inc is for a loss of $7.05 per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "...Reuters
Tue, Feb 18
BUZZ-Cadence falls after downbeat annual revenue, profit forecasts
** Shares of chip design software maker Cadence Design Systems CDNS.O fall 5% to $285.37 in extended trading** Company sees FY25 revenue between $5.14 billion and $5.22 billion, below estimates of $5.25 billion - LSEG** CDNS expects annual profit between $6.65 and $6.75 per share compared to analyst...Reuters
Tue, Feb 18
BUZZ-Bumble falls after downbeat quarterly revenue forecast
** Dating app operator Bumble's BMBL.O shares fall 13.6% to $7 in extended trading** BMBL forecasts Q1 revenue below analysts' estimates** Expects revenue between $242 million and $248 million, below estimates of $256.9 million, according to data compiled by LSEG** Posts Q4 revenue of $261.6...Reuters
Tue, Feb 18
US STOCKS-S&P 500 ekes out all-time closing high as Fed minutes eyed
Constellation Brands jumps after Berkshire discloses stakeIntel up after report Broadcom, TSMC eye deals to split itMeta Platforms snaps 20-session winning streakFed's January meeting minutes due on WednesdayIndexes up: Dow 0.02%, S&P 500 0.24%, Nasdaq 0.07%Updates with closing pricesBy Step...Reuters
Tue, Feb 18
Why Chinese Tech Stocks Alibaba, Tencent, and GDS Holdings Are a Bright Spot in the Stock Market Today
Chinese tech stocks continued to be a bright spot in the stock market as the tech-heavy Nasdaq Composite fell slightly. Chinese officials have signaled they are open to supporting the sector as it becomes increasingly important for the struggling Chinese economy.Shares of Alibaba (NYSE: BABA) had ri...The Motley Fool
Tue, Feb 18
Samsara Applauded by Frost & Sullivan for Improving the Safety and Efficiency of Connected Fleet Telematics Operations and Its Market-leading Position
Samsara enables customizable and adaptable modern driver safety training methods and solutions and helps customers improve their operations while delivering cost savings SAN ANTONIO, Feb. 19, 2025 /PRNewswire/ -- Frost & Sullivan researched the commercial vehicle telematics industry and, based ...PR Newswire
Tue, Feb 18
Why BlackSky Technology Stock Rocketed 15% Higher Today
BlackSky Technology (NYSE: BKSY) stock has gained 42% over the past 52 weeks -- and its run is not yet done.On Tuesday, the Earth observation satellite operator posted a 15% gain through 3 p.m. ET, after announcing a "six-figure contract ... to provide immediate, subscription-based on-demand Gen-2 i...The Motley Fool
Tue, Feb 18
Why IonQ Stock Is Plummeting Today
IonQ (NYSE: IONQ) stock is seeing a big pullback Tuesday. The quantum computing specialist's share price was down 10.1% as of 3:25 p.m. ET and had been off as much as 12.4% earlier in the day's trading.IonQ's valuation is slipping today following news highlighting interest in a Chinese company in th...The Motley Fool
Tue, Feb 18
Vanguard ETF poised to overtake State Street's fund as world's biggest
On Friday, SPY had $633.1 bln in assets vs Vanguard ETF's $631.8 bln Retail investors and advisors seek lower fees from VanguardState Street's SPY remains dominant S&P 500 trading vehicleBy Suzanne McGeeFeb 18 (Reuters) - Vanguard Group's Standard & Poor's 500 ETF VOO.P is on...Reuters
Tue, Feb 18
BUZZ-Asbury Automotive down after it moves to acquire dealership chain
* Asbury Automotive Group shares ABG.N down ~1.5% at $298.85 after co says it would acquire automotive dealerships owned by Herb Chambers Companies ** Deal for Herb Chambers' 33 dealerships, 52 franchises and three collision centers valued at $1.34 bln** ABG up ~24.8% YTD vs NASDAQ Composite Ind...Reuters
Tue, Feb 18
BUZZ-PREVIEW: Toll Bros shares dip; fiscal Q1 rev, EPS seen falling
** Shares in luxury homebuilder Toll Brothers Inc TOL.N down ~1.6% on Tuesday ahead of fiscal first-quarter report due out after market close** TOL, which will hold a conference call to discuss its results before market open on Wednesday, is expected to report adj EPS of $2.04 vs $2.25 in year-ago q...Reuters
Tue, Feb 18
