Crypto Market Crash: Should You Buy While Others Are Selling?
"Buy the dip" has worked in the past. Will it work again?
"Buy the dip" has worked in the past. Will it work again?
Your day-ahead look for March 26, 2025
Workforce housing company Target Hospitality (NASDAQ:TH) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 33.7% year on year to $83.69 million. The company’s full-year revenue guidance of $275 million at the midpoint came in 3.5% above analysts’ estimates. Its GAAP profit of $0.12 per share was 80% above analysts’ consensus estimates.
The benchmark S&P 500 and the tech-heavy Nasdaq declined in choppy trading on Wednesday, with investors exercising caution as they awaited economic data and clarity on the Trump administration's fresh tariffs that are expected to take effect next week. U.S. equities experienced a brief reprieve over the last two sessions, following President Donald Trump's indication that not all tariffs would be enforced by the April 2 deadline, with certain nations potentially being granted exemptions—though specifics remain elusive. The S&P has ascended over 4% since its mid-March lows, while the Nasdaq has advanced roughly 6%.
Discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 42.1% year on year to $5 billion. Next quarter’s revenue guidance of $4.55 billion underwhelmed, coming in 42.1% below analysts’ estimates. Its non-GAAP profit of $2.29 per share was 4.3% above analysts’ consensus estimates.
Spain's economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism, and EU recovery funds, outperforming Germany, France and Italy. Economists say Spain remains a ‘bright spot’ in Europe, expecting this outperformance to continue through 2025.View on euronews
The Trump administration is unsettling the multilateral economic system, harming the U.S. economy in the process and to a lesser extent Europe as well, the head of France's central bank said on Wednesday. "Through his decisions and reversals, Mr. Trump destabilizes the multilateral system," Francois Villeroy de Galhau told lawmakers on the finance commission of the lower house of the French parliament. The U.S. Federal Reserve's recent downgrade of its forecast was evidence that the Trump administration's policies were already harming the U.S. economy, he added.
Copper futures traded in New York surged to a record high on a report that U.S. tariffs on imports of the metal are set to be coming within several weeks, months earlier than the deadline for a decision.
ATHENS -Chevron has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second such expression for Greek energy by the U.S. oil producer this year, the Greek energy ministry said on Wednesday. Greece has accepted Chevron's interest for two blocks south of Crete and will soon decide on the coordinates and on launching an international tender for the areas, which border two licensed blocks where an ExxonMobil-led consortium has been evaluating seismic data, the energy ministry said. Chevron's new interest doubles the size of offshore blocks that will be made available for energy exploration to an area stretching 47,000 square kilometres, increasing the possibility of finding "commercially exploitable" reserves in Greek waters.
Michael O'Leary mocked Wizz Air's "All You Can Fly" deal as a marketing stunt. Now he's letting Ryanair passengers spend £79 on a "Prime" deal.