US stocks rose Friday and the S&P 500 notched its longest winning streak since 2004 as China signaled openness to trade talks and investors digested a better-than-expected jobs report.
Shares of lifting and material handling equipment company Terex (NYSE:TEX) jumped 10.9% in the afternoon session after the company reported impressive first quarter 2025 results with EBITDA exceeding analysts' expectations and full-year EBITDA and EPS guidance topping Wall Street's estimates. The Environmental Solutions segment stood out, delivering roughly 20% adjusted margin and making up one-third of total revenue, which provided much-needed stability amid weakness in other segments. On the o
Shares of domain registrar and web services company GoDaddy (NYSE:GDDY) fell 8.9% in the afternoon session after the company reported underwhelming first quarter 2025 results which included a miss on annual recurring revenue.
Shares of financial and compliance reporting software company Workiva (NYSE:WK) fell 13% in the morning session after the company reported weak first-quarter 2025 results, weighed down by a sharp cut to its next-quarter EPS guidance and a drop in net revenue retention, a sign that existing customers are not expanding usage as quickly as before. On the other hand, Workiva grew its customers this quarter and its revenue narrowly outperformed Wall Street's estimates. Still, this was a mixed quarter
Shares of outerwear manufacturer Columbia Sportswear (NASDAQ:COLM) fell 5.5% in the morning session after the company reported weak first quarter 2025 results which included an EBITDA miss and next quarter revenue guidance that fell short of Wall Street's estimates. On the other hand, Columbia Sportswear beat analysts' revenue and EPS expectations this quarter. Despite the beat, the withdrawal of the full-year outlook due to significant tariff-related uncertainties likely made investors cautious
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 4.1% in the morning session after the company reported mixed first-quarter 2025 (fiscal Q2) results, which narrowly topped analysts' revenue expectations, amid tariff concerns. CEO Tim Cook stated during the earnings call that anticipated tariffs could cost the company around $900 million in the current quarter (about 1% of total revenue). Also, sales in China saw a decline of 2%. This is a crucial market for Apple, and any signs of weakne
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Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.
The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.
Shares of DexCom jumped over 15% to pace the S&P 500's advancers Friday, a day after the maker of glucose monitoring devices for people with diabetes reported better-than-expected quarterly revenue.
