Betting markets are skeptical DOGE will accomplish some of its big goals
Bettors on Polymarket, which became famous for accurately calling the 2024 election, see slim chances DOGE will achieve some of its big goals.
Tokyo Inflation Slows a Tad More Than Expected on Subsidy Impact
(Bloomberg) -- Inflation in Tokyo slowed more than expected as government subsidies meant to offset energy costs distorted readings, a result that isn’t likely to deter the central bank from considering more hikes to its benchmark interest rate. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6
Crypto stocks face increased volatility as Bitcoin price stays below $90,000
Some investors are taking advantage of the heightened volatility by "buying the dip."
Bitcoin ETFs Hit by Record Outflows as Gold ETFs Surge
Investors have pulled nearly $3 billion from spot bitcoin ETFs in the past week, while gold ETFs are seeing massive inflows—signaling a major shift in market sentiment.
Stock of the Day: Snowflake surges 12% as new AI products spur sales beat
The software firm beat earnings and gave strong guidance that played up new AI tools for customers. It's outlook for product revenue beat estimates.
What Will The Trump Economy Look Like? What The Hearing For His Top Advisor Revealed
The Trump administration's economic policy will be one of high tariffs, reduced regulations and investment in weapons, according to the president's nominee for top economic advisor.
Nextdoor (NYSE:KIND) Posts Better-Than-Expected Sales In Q4 But Stock Drops 11.2%
Neighborhood social network Nextdoor (NYSE:KIND) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.4% year on year to $65.23 million. On the other hand, next quarter’s revenue guidance of $53 million was less impressive, coming in 13.7% below analysts’ estimates. Its GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates.
Ameresco’s (NYSE:AMRC) Q4 Sales Beat Estimates But Stock Drops 12.4%
Energy and renewable energy projects company Ameresco (NYSE:AMRC) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 20.7% year on year to $532.7 million. On the other hand, the company’s full-year revenue guidance of $1.9 billion at the midpoint came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.88 per share was 12.6% above analysts’ consensus estimates.
RadNet’s (NASDAQ:RDNT) Q4 Sales Top Estimates But Stock Drops
Diagnostic imaging company RadNet (NASDAQ:RDNT) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 13.5% year on year to $477.1 million. On the other hand, the company’s full-year revenue guidance of $1.94 billion at the midpoint came in 1.2% below analysts’ estimates. Its GAAP profit of $0.07 per share was 40.7% below analysts’ consensus estimates.
Array’s (NASDAQ:ARRY) Q4 Sales Top Estimates But Stock Drops 12.1%
Solar tracking systems manufacturer Array (NASDAQ:ARRY) announced better-than-expected revenue in Q4 CY2024, but sales fell by 19.4% year on year to $275.2 million. The company expects next quarter’s revenue to be around $265 million, coming in 26.3% above analysts’ estimates. Its non-GAAP profit of $0.16 per share was in line with analysts’ consensus estimates.