Procter & Gamble Stock Gains After Sales Exceed Expectations
Shares of Tide and Pampers parent Procter & Gamble rose Wednesday after the consumer goods giant posted fiscal 2025 second-quarter net sales that topped Wall Street estimates.
Why Teledyne (TDY) Stock Is Trading Up Today
Shares of digital imaging and instrumentation provider Teledyne (NYSE:TDY) jumped 6.9% in the morning session after the company reported fourth-quarter results, which exceeded analysts' revenue and EPS estimates. Sales benefited from acquisitions and improved demand for TDY's unmanned air systems, surveillance systems, and commercial infrared imaging systems. On the other hand, its EPS guidance for next quarter missed, and its full-year EPS guidance fell slightly short of Wall Street's estimates
Netflix (NFLX) Stock Trades Up, Here Is Why
Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 15.4% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' global streaming paid memberships expectations, with a strong net add figure (18.9 million vs. estimates of 9.8 million). This led to a revenue and EPS beat in the quarter. Additionally, revenue guidance for 2025 beat expectations, and the company spoke optimistically about multiple vectors such as ad revenue, live e
Trade War Threatens Canadian Banks Stocks’ Rally After 27% Surge
(Bloomberg) -- The rally in Canadian bank equities is at risk from a potential trade war that would quickly cause a surge in unemployment and loan defaults, analysts at National Bank of Canada said. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires P
Netflix Stock Hits All-Time High as Analysts See 'Little Pushback' to Price Hikes
Netflix is entering 2025 “firing on all cylinders” after adding 19 million subscribers in the fourth quarter and raising its subscription prices, JPMorgan analysts said.
Travelers Stock Jumps as Higher Premiums Drive Better-than-Estimated Results
Shares in The Travelers Companies rose in intraday trading Wednesday, as increased premiums drove higher-than-estimated quarterly results at the property and casualty insurer.
Indian Oil to Rebalance Crude Buying After Russia Sanctions
(Bloomberg) -- Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenFollow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Crude oil
Women are officially the economy’s power players—outpacing men in both income and spending growth, BofA report says
Bank of America's Taylor Bowley reports that growth in women's consumption and income is outpacing male counterparts.
SEC unveils crypto task force led by Hester Peirce
“This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity, and supports innovation.”
Bitcoin Sales by Long-Term Holders May Have Bottomed Out: Van Straten
Over 1 million bitcoin has been sold since September by long-term holders.
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