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Nike forecasts fourth-quarter revenue below estimates, shares drop
March 20 (Reuters) - Nike NKE.N on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals.
Reuters
Mar 21, 2025
Apple shakes up AI leadership as Tim Cook loses confidence in Siri chief
Apple Inc. is experiencing an uncharacteristic upheaval in its ranks of executives as the company tries to get back up to speed on artificial intelligence (AI) development after months of delay and missteps.
Cryptopolitan
Mar 21, 2025
MS optimistic on CSL anticipating upbeat US vaccination rates
** Biotechnology firm CSL's CSL.AX shares drop as much as 0.7%** Morgan Stanley flags a 15% drop in influenza vaccine sales during the first half, pointing to a decline in U.S. vaccination rates for those aged 15 to 64 as key contributor to its sales slump in the country** Brokerage highlights t...Reuters
Mar 21, 2025
I-Mab expected to post a loss of 11 cents a share - Earnings Preview
I-Mab IMAB.OQ IMAB.O is expected to report resultson March 24 (estimated) for the period ending September 30 2024LSEG's mean analyst estimate for I-Mab is for a loss of 11 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is ...Reuters
Mar 21, 2025
MacroGenics (MGNX) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.MacroGenics (NASDAQ: MGNX)Q4 2024 Earnings CallMar 20, 2025, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon. We will begin the MacroGenics fourth quarter and full year 2024 corporate progress an...The Motley Fool
Mar 21, 2025
REFILE-Hedge fund Citadel reduces March losses, source says
By Carolina Mandl NEW YORK, March 20 (Reuters) - Citadel's flagship hedge fund Wellington has reduced its losses after a rough start to March, as uncertainties around President Donald Trump's economic policies triggered a selloff in U.S. equities, according to a source familiar with the m...Reuters
Mar 21, 2025
Micron Technology Inc reports results for the quarter ended February 28 - Earnings Summary
Micron Technology Inc MU.OQ reported quarterly adjusted earnings of $1.56 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of twenty six analysts for the quarter was for earnings of $1.42 per share...Reuters
Mar 20, 2025
Is Phillips 66 Stock a Buy? Analysts Weigh In.
Explore the exciting world of Phillips 66 (NYSE: PSX) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Feb. 12, 2025. The video was publ...The Motley Fool
Mar 20, 2025
Why Prime Medicine Stock Was Climbing Higher This Week
News of a fresh investigational program was putting some zip into the shares of gene-editing company Prime Medicine (NASDAQ: PRME) across recent trading sessions. According to data compiled by S&P Global Market Intelligence, in reaction, bullish investors were propelling the company's stock over 12%...The Motley Fool
Mar 20, 2025
Micron forecasts upbeat quarterly revenue on strong AI memory chip demand
By Juby Babu March 20 (Reuters) - Micron Technology MU.O forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.AI demand has significantly boosted...Reuters
Mar 20, 2025
PDD Holdings Delivers a Mixed Q4 Report
PDD Holdings (NASDAQ:PDD), a notable operator in global e-commerce, unveiled its financial results for the fourth quarter of 2024 on March 20. The company reported non-GAAP earnings per share (EPS) of $2.76, slightly exceeding the analyst estimate of $2.74. However, revenue of $15.15 billion missed...The Motley Fool
Mar 20, 2025
Why Taiwan Semiconductor Manufacturing Stock Jumped Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock posted gains in Thursday's trading despite a pullback for the broader market. The company's share price rose 2.1% in the daily session. Meanwhile, the S&P 500 closed out the day down 0.3%, and the Nasdaq Composite was down 0.4% in the session.Taiw...The Motley Fool
Mar 20, 2025
Nucor falls after projecting quarterly profit below estimates
** Shares of steelmaker Nucor NUE.N fall 3.2% to $125.40 after the bell** NUE forecasts Q1 2025 profit below estimates, as a weak steel pricing environment continues to weigh on its average selling prices** Sees Q1 adj. EPS to range between 50 cents and 60 cents, compared with analysts' estimate...Reuters
Mar 20, 2025
Nike shares reverse course to fall after co expects weaker Q4 revenue
** Sportswear giant Nike's NKE.N shares reverse course, last down ~4% at $68.75 in extended trading** Co expects fourth-quarter revenue to be down in mid-teens percentage range vs analysts' estimates of a 12.22% fall to $11.07 billion, as per data compiled by LSEG** NKE also expects Q4 gross...Reuters
Mar 20, 2025
Nucor forecasts first-quarter profit below estimates on lower steel pricing
March 20 (Reuters) - Nucor Corp NUE.N on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to weigh on its average selling prices, sending the steelmaker's shares down 4% after the bell.On an adjusted basis, the Charlotte, North Carolina-ba...Reuters
Mar 20, 2025
Lennar falls after lower Q1 profit on continued market weakness
** Homebuilder Lennar's shares LEN.N fall 3.2% to $116.21 after the bell** LEN posted lower Q1 profit, as high mortgage rates and house prices deterred potential buyers** Including losses of $62.5 mln incurred on technology investments, Q1 EPS of $1.96 fell from $2.57 a year ago** Quarterly aver...Reuters
Mar 20, 2025
Fidelity Investments Canada ULC Announces Cash Distributions For Certain Fidelity Etfs And ETF Series Of Fidelity Mutual Funds
March 20 (Reuters) - Fidelity Absolute Income Fund FCAB.TO:FIDELITY INVESTMENTS CANADA ULC ANNOUNCES CASH DISTRIBUTIONS FOR CERTAIN FIDELITY ETFS AND ETF SERIES OF FIDELITY MUTUAL FUNDSReuters
Mar 20, 2025
FedEx Beats on Revenue, Misses on EPS
FedEx (NYSE:FDX), the global shipping and logistics company, released its earnings report for the third quarter of its fiscal 2025 on March 20. The company reported a slight miss on adjusted earnings per share (EPS), posting $4.51 against an expected $4.56. However, it achieved commendable year-over...The Motley Fool
Mar 20, 2025
vTv Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
vTv Therapeutics Inc VTVT.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.67. The lone analyst forecast for the quarter was for a loss of 87 cents per share. Revenue was $17...Reuters
Mar 20, 2025
Lennar posts lower quarterly profit on sustained market weakness
March 20 - Lennar Corp LEN.N reported lower first-quarter profit on Thursday, as high mortgage rates and house prices deterred potential buyers, sending shares down 4% after the bell."While demand remains strong, persistently higher interest rates and inflation, combined with a downturn in consu...Reuters
Mar 20, 2025
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