Concerns over tariffs and the recent breach of a crypto exchange may be fueling a decline not seen since President Trump’s election victory in November.
While the new car market for EVs surged by 37% in January across Europe, Tesla's share dwindled as sales dropped by almost half.
Michael Saylor hinted at buying more Bitcoin as the price plunged below $89,000 for the first time in three months.
Casual restaurant chain Portillo’s (NASDAQ:PTLO) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.7% year on year to $184.6 million. Its GAAP profit of $0.17 per share was significantly above analysts’ consensus estimates.
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Air quality and fluid handling company CECO (NASDAQ:CECO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 3.2% year on year to $158.6 million. The company’s full-year revenue guidance of $725 million at the midpoint came in 4.1% above analysts’ estimates. Its non-GAAP profit of $0.27 per share was 19.1% above analysts’ consensus estimates.
Affordable single-family home construction company LGI Homes (NASDAQ:LGIH) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 8.4% year on year to $557.4 million. Its GAAP profit of $2.15 per share was in line with analysts’ consensus estimates.
Beverage company Keurig Dr Pepper (NASDAQ:KDP) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.2% year on year to $4.07 billion. Its non-GAAP profit of $0.58 per share was in line with analysts’ consensus estimates.
