• Feb 11, 2025

Tesla Unwind Gives Options Traders a Way to Hedge Market Selloff

(Bloomberg) -- As a post-election rally in the shares of electric-vehicle maker Tesla Inc. rapidly unwinds, some market watchers are spotting a lucrative trading opportunity. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThe pr

  • Feb 11, 2025

Gilead Sciences (NASDAQ:GILD) Delivers Strong Q4 Numbers

Biopharmaceutical company Gilead Sciences (NASDAQ:GILD) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.4% year on year to $7.57 billion. The company expects the full year’s revenue to be around $28.4 billion, close to analysts’ estimates. Its non-GAAP profit of $1.90 per share was 11.7% above analysts’ consensus estimates.

  • Feb 11, 2025

Sensata Technologies (NYSE:ST) Q4: Beats On Revenue, Stock Soars

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 8.5% year on year to $907.7 million. On the other hand, next quarter’s revenue guidance of $880 million was less impressive, coming in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.76 per share was 1.4% above analysts’ consensus estimates.

  • Feb 11, 2025

Red Rock Resorts (NASDAQ:RRR) Beats Q4 Sales Targets

Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.1% year on year to $495.7 million. Its GAAP profit of $0.76 per share was 58.7% above analysts’ consensus estimates.

  • Feb 11, 2025

Why Shopify (SHOP) Stock Is Up Today

Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 4.1% in the afternoon session after the company reported impressive fourth-quarter results that exceeded analysts' gross merchandise volume expectations, leading to a solid sales beat. The improved top-line growth was driven by growth with existing customers and their businesses, better payment monetization, and strength in Europe. The result reflected the growing adoption of products like Shopify Pay and Shopify Plus, which can a

  • Feb 11, 2025

Treasuries Fall as Fed’s Powell Affirms Patience on Rate Cuts

(Bloomberg) -- US Treasuries were modestly lower after Federal Reserve Chair Jerome Powell affirmed that the central bank favors delaying additional interest-rate cuts. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay Super“We know tha

  • Feb 11, 2025

Argentina Market Veterans Launch New Brokerage Amid Milei Rally

(Bloomberg) -- Senior executives Walter Stoeppelwerth and Nicolas Chiesa obtained a brokerage license in Argentina and will kick off operations this month as investors keep flocking into the country’s assets under Javier Milei’s government. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuil