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  • Mar 12, 2025

US Bonds Slip as Tariff Worries Overshadow Cooler Inflation Data

(Bloomberg) -- Treasuries fell in a volatile trading session as a recovery in risk sentiment amid the deepening global trade war overshadowed a cooler-than-expected US inflation report.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of Cl

  • Mar 12, 2025

Calavo (NASDAQ:CVGW) Misses Q4 Sales Targets

Fresh produce company Calavo Growers (NASDAQ:CVGW) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 21% year on year to $154.4 million. Its non-GAAP profit of $0.33 per share was 13.8% above analysts’ consensus estimates.

  • Mar 12, 2025

Adobe (NASDAQ:ADBE) Surprises With Q1 Sales

Creative software maker Adobe (NASDAQ:ADBE) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 10.3% year on year to $5.71 billion. The company expects next quarter’s revenue to be around $5.80 billion, close to analysts’ estimates. Its non-GAAP profit of $5.08 per share was 2.2% above analysts’ consensus estimates.

  • Mar 12, 2025

Jack Daniel's Maker's Stock Tumbles—Blame Tariffs

Brown-Forman, the maker of Jack Daniel's whiskey and other alcoholic beverages, was among the S&P 500's biggest decliners Wednesday as the European Union hit back with retaliatory tariffs after 25% U.S. levies on steel and aluminum went into effect.

  • Mar 12, 2025

Why Upstart (UPST) Stock Is Trading Up Today

Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 7.5% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% targe

  • Mar 12, 2025

Why Is Micron (MU) Stock Soaring Today

Shares of memory chips maker Micron (NYSE:MU) jumped 8.4% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not qui

  • Mar 12, 2025

Why Is Asana (ASAN) Stock Soaring Today

Shares of work management software maker Asana (NYSE: ASAN) jumped 5.9% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% targe

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