• Feb 27, 2025

Nexstar Media (NXST) Stock Trades Up, Here Is Why

Shares of local broadcasting and digital media company Nexstar (NASDAQ:NXST) jumped 12.5% in the morning session after the company reported impressive fourth-quarter 2024 results that beat analysts' revenue estimates, driven by a sharp increase in political ad spending. EBITDA also beat Wall Street's expectations, fueled by revenue growth and disciplined cost management. On the other hand, its EPS missed. Overall, this was a mixed yet decent quarter.

• Feb 27, 2025

Why HEICO (HEI) Stock Is Trading Up Today

Shares of aerospace and defense company HEICO (NSYE:HEI) jumped 14.1% in the afternoon session after the company reported strong fourth-quarter results, with revenue, EBITDA, and EPS all surpassing expectations by significant margins. Sales grew 15% year-on-year, driven by strong organic demand in both the Flight Support and Electronic Technologies segments, along with contributions from recent acquisitions. Overall, this was a solid performance for the quarter.

• Feb 27, 2025

Why Is Aris Water (ARIS) Stock Rocketing Higher Today

Shares of water handling and recycling company Aris Water (NYSE:ARIS) jumped 23.6% in the afternoon session after the company reported impressive fourth-quarter results that blew past analysts' revenue and EBITDA estimates. Looking ahead, EBITDA guidance for the next quarter came in below Wall Street estimates, partly due to anticipated customer shut-ins from weather disruptions. Meanwhile, the company raised its quarterly dividend by 33%, signaling confidence in its cash flow despite near-term

• Feb 27, 2025

Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day

Despite the record outflows, Bloomberg analyst says it’s “par for the course.”

• Feb 27, 2025

EBay Stock Sinks on Soft Revenue, Gross Merchandise Volume Outlook

Shares of eBay fell Thursday, a day after the e-commerce marketplace issued current-quarter revenue and gross merchandise volume guidance that was weaker than analysts' estimates.

• Feb 27, 2025

Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes

Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.

• Feb 27, 2025

Tesla investors furious at stock’s plunge turn tables on CEO Elon Musk

“Please share five things you did for Tesla shareholders this week.”

• Feb 27, 2025

Crypto Trading Platform BitMEX Is Looking for a Buyer: Sources

BitMEX appointed boutique investment bank Broadhaven late last year to assist with the sales process, according to sources.

• Feb 27, 2025

Fed's Hammack says rates likely on hold for some time

Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday she expects U.S. central bank interest rate policy is on hold for the time being amid a hunt for evidence that inflation pressures are easing back to the 2% target. With a healthy job market and an uneven and slowing process of easing inflation pressures, “I believe that monetary policy has the luxury of being patient as we assess the path forward, and this will likely mean holding the federal funds rate steady for some time,” Hammack said in the text of a speech prepared for delivery before an event held at Columbia University. Before supporting a rate cut, Hammack said she seeks additional evidence that price pressures are easing back to 2% so long as the job market remains “healthy.”

• Feb 27, 2025

Nvidia Stock Is Falling. Analysts Are Still Bullish on Its AI-Driven Growth.

Nvidia shares gave up early gains Thursday after the chipmaker reported earnings that topped Street estimates. Investors may have expected more from the AI darling.