• Feb 21, 2025

Fed's QT pause, Treasury's debt plans may offer fleeting relief to US bonds

A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott Bessent's assurance against imminent long-term debt hikes could offer relief in the near term to bond market jitters as fiscal concerns linger. Fed minutes from the January 28-29 rate-setting meeting released this week showed officials weighed a possible pause or slowdown of the Fed's balance sheet reduction, known as quantitative tightening (QT), as a binding government debt cap could complicate the central bank's ability to gauge market liquidity. Meanwhile, Bessent said in an interview with Bloomberg Television on Thursday that, for now, expanding long-dated government debt issuance is not on the table.

• Feb 21, 2025

Why RE/MAX (RMAX) Stock Is Nosediving

Shares of real estate franchise company RE/MAX (NYSE:RMAX) fell 11.9% in the morning session after the company delivered disappointing fourth-quarter 2024 results: its full-year revenue guidance missed significantly and its EBITDA guidance for next quarter fell short of Wall Street's estimates. Revenue declined 5.4% year on year as the company saw a 4.8% drop in U.S. and Canadian agent count. On the other hand, RE/MAX beat analysts' EPS expectations this quarter and its EBITDA outperformed Wall

• Feb 21, 2025

Why MercadoLibre (MELI) Stock Is Up Today

Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 12.7% in the morning session after the company delivered impressive fourth-quarter 2024 results, which blew past analysts' EPS and EBITDA expectations. In addition, its revenue and number of unique active users outperformed Wall Street's estimates. Drivers of the company's performance included better-than-anticipated TPV (total payment volume) growth, healthy adoption of its credit card offering, and fixed

• Feb 21, 2025

Why AMN Healthcare Services (AMN) Stock Is Trading Up Today

Shares of healthcare staffing company AMN Healthcare Services (NYSE:AMN) jumped 10.1% in the morning session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' revenue, EPS, and EBITDA expectations. Revenue declined 10% relative to the previous year, though it was 7% higher sequentially. However, the Nurse and Allied Solutions segment, which includes travel nurse staffing, saw a steep 15% year on year decline, with travel nurse revenue plunging 35%. Lo

• Feb 21, 2025

Why Is BJ's (BJRI) Stock Rocketing Higher Today

Shares of american restaurant chain BJ’s Restaurants (NASDAQ:BJRI) jumped 10.9% in the pre-market session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' same-store sales expectations, enabling it to post revenue and EBITDA beats. A big part of that came from strong guest traffic, thanks to promos like the Pizookie Meal Deal and holiday party offerings, which helped drive a 5.5% increase in comparable restaurant sales. Restaurant-level operating pro

• Feb 21, 2025

Robinhood exec admits crypto needs better UI: ‘Crypto was made by...'

Robinhood’s Head of Crypto, Johann Kerbrat, says crypto remains too complex for mainstream users, admitting that it was “made by engineers for engineers.”

• Feb 21, 2025

Why Vicor (VICR) Stock Is Trading Up Today

Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR) jumped 25.4% in the afternoon session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' sales and earnings estimates. Sales grew 3.8% over the previous year, driven by higher royalty revenue, which nearly doubled from the prior year, offsetting a decline in product sales. Net income rose significantly, leading to an EPS beat, but sequentially, earnings dipped as

• Feb 21, 2025

Oil Falls to 2025 Low as Technicals Augment Ample Supply Outlook

(Bloomberg) -- Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the possibility of increased flows from Iraq, weakening the prospects of supply constraints that have gripped the market recently. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fa

• Feb 21, 2025

US Defense Stocks Drop While Europe Emerges as Surprise Winner

(Bloomberg) -- US defense contractors are on shaky ground just a month into the new administration — taking a backseat to European peers — as mounting concerns over a deluge of policies including a tightened military spending budget send shock waves across the government-sensitive group. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb

• Feb 21, 2025

Hims & Hers Stock Drops as FDA Says Ozempic and Wegovy No Longer in Short Supply

Shares of Hims & Hers Health plunged Friday after the Food & Drug Administration said a shortage of the active ingredient in Eli Lilly’s Wegovy and Novo Nordisk’s Ozempic has been resolved.