U.S. Global Investors celebrates a successful year with its JETS ETF soaring 33%, TSA screening 5% more passengers and United Airlines stock rising 135%.
Meta Platforms Inc (NASDAQMETA) shares are trading lower. The company on Tuesday announced performance-based job cuts that could impact about 5% of the company's total workforce.
Genius Group shares are trading higher by 10.7% during Tuesday's session. The company announced a $33 million rights offering to increase its Bitcoin treasury.
The upcoming UK Consumer Price Index (CPI) report is set to play a pivotal role in shaping market expectations around the Bank of England’s (BoE) monetary policy trajectory.
The FDA proposes a new front-of-package nutrition label to help consumers identify high levels of saturated fat, sodium, and added sugars in foods, aiming to reduce chronic diseases and healthcare costs.
Cleveland-Cliffs CEO Lourenco Goncalves' comments about Japan’s trade practices and U.S. Steel’s sale to Nippon have drawn investor scrutiny on Stocktwits.
Analyst upgrades Visa stock with a price target of $359. Raised forecasts for strong revenue growth and sees potential for upside compared to consensus estimates.
Global smartphone shipments increased 2.4% in Q4 of 2024, marking 6th consecutive quarter of growth. Chinese vendors drove market with affordable devices.
BofA analysts expect moderate growth in the restaurant industry in 2025, with certain shifts due to post-Covid behaviors. Starbucks and Sysco receive positive ratings, while Restaurant Brands and Krispy Kreme see downgrades.
ChargePoint dominates U.S. EV charging market with 32% share and 70,000+ ports, but faces challenges with sluggish subsidies and high capex. JPMorgan remains cautious.
Shares of machinery provider H&E (NASDAQHEES) jumped 107% in the pre-market session after the company agreed to a $4.8 billion takeover by United Rentals, with shareholders receiving $92 per share in cash. This valuation includes about $1.4 billion in net debt. This acquisition value represents more than a 100% premium over HEES's trading price a day before news of the deal was announced.
Shares of online fashion resale marketplace ThredUp (NASDAQTDUP)
jumped 44.2% in the afternoon session after the company reported stronger-than-expected preliminary fourth-quarter results, signaling a return to growth. ThredUp anticipates Q4 2024 revenue for the US market between $66.7 million and $67.2 million, marking a 9% year-on-year increase, a sharp turnaround from its earlier forecast of a 6% to 2% sales decline. Gross margin is also expected to improve to between 80.2% and 80.4%. The improved sales and gross profits are expected to drive an Adjusted EBITDA margin of 6.4% to 6.9% (vs. previous guidance of 0.0% to 2.0%).
Shares of financial services company Robinhood (NASDAQHOOD)
jumped 8.8% in the morning session after Bernstein analyst Gautam Chhugani named the stock a Top Idea for 2025, highlighting its strong position in the crypto space.
Shares of equipment rental company United Rentals (NYSEURI) jumped 5.3% in the pre-market session after the company announced it would acquire H&E Equipment Services (HEES) for $92 per share in cash, valuing the deal at approximately $4.8 billion, including $1.4 billion in net debt.
Shares of industrial components supplier NN (NASDAQNNBR) jumped 20.2% in the morning session after the company reported impressive preliminary guidance, with full-year 2024 new business wins expected to exceed the high end of its previous forecast. Management added, "We will continue this pace of new business acquisition into 2025 and 2026 and have a $720 million pipeline to support it. 2025 is off to a great start with the simultaneous launch of fifty [50] new programs during the first quarter."
The Procter & Gamble Company (NYSEPG) stock is trading higher, signaling a potential new uptrend. Oversold and at support, experts have chosen it as Stock of the Day.
Gary Gensler defended his legacy as SEC Chair, citing the agency's focus on regulating the $60 trillion U.S. equity market and addressing systemic issues.
Using applied Fibonacci, we can see that the 30-year yield spent nearly two years testing the 23% Fibonacci level. This quarter yields are attempting to breakout above the 23% level.
Goldman Sachs analyst forecasts in-line Q4 results for Comcast, with minimal growth in 2025, but anticipates improved investor sentiment in 2025 and beyond.
