Mortgage rates have fallen to their lowest point this year while markets are ‘spooked’ on economic growth and a sour consumer sentiment report
Mortgage applications have already increased as more buyers enter the market.
Why America's Car-Mart (CRMT) Stock Is Trading Up Today
Shares of used-car retailer America’s Car-Mart (NASDAQ:CRMT) jumped 17.8% in the afternoon session after the company reported strong third-quarter (fiscal 2025) results, exceeding analysts' expectations for sales, EBITDA, and EPS. Retail unit sales drove the top line, marking a strong rebound after the previous year's volume decline due to tighter underwriting. Overall, this was a solid quarter.
Why Sleep Number (SNBR) Stock Is Falling Today
Shares of bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) fell 39.5% in the afternoon session after the company reported disappointing fourth-quarter results, with EBITDA missing significantly and revenue falling short of Wall Street's estimates. Sales declined 12% year on year, due to a reduced store footprint and softer consumer demand. Earnings per share, however, came in above expectations, aided by cost reductions. Yet, Sleep Number withheld financial guidance for 2025, signali
Why MongoDB (MDB) Stock Is Nosediving
Shares of database software company MongoDB (MDB) fell 24.6% in the afternoon session after the company reported weak fourth quarter (fiscal 2025) results: its full-year revenue and EPS guidance fell short of Wall Street's estimates. The company's guidance suggests a slowdown in non-Atlas revenue.
Why BJ's (BJ) Stock Is Up Today
Shares of membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ) jumped 13.2% in the afternoon session after the company wrapped up a strong fourth-quarter (fiscal 2024), exceeding analysts' expectations for EPS despite revenue coming in line with estimates. The standout metric was a 4.6% jump in comparable club sales (excluding gas), fueled by stronger foot traffic and a 26% surge in digital sales. That's a good sign customers are staying engaged. However, total sales dipped 1.5% from
Why Methode Electronics (MEI) Stock Is Falling Today
Shares of custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) fell 28.4% in the afternoon session after the company reported weak third-quarter (fiscal 2025) results: revenue, EPS, and EBITDA all missed Wall Street's estimates, and next quarter's revenue guidance came in below expectations. The key highlight for the quarter was the ongoing weakness in the automotive segment, where sales dropped over 17% due to the phase-out of older EV lighting programs, combined with a broad
Why the 'Trump put' for investors might be found in Treasuries, not the stock market
Why some Wall Street analysts say Trump 2.0 isn't too concerned about a fall in the stock market just yet.
Zscaler Stock Leads Nasdaq Gainers Thursday
Zscaler was a rare bright spot for the Nasdaq on Thursday, with shares surging nearly 6% after the cybersecurity firm reported better-than-expected earnings.
CBA Tipped for Worst Return Potential Among Global Bank Stocks
(Bloomberg) -- The gap between Commonwealth Bank of Australia’s current share price and analysts’ expectations is pointing to the weakest return potential among global banking stocks.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year L
Trump's crypto czar decries government's lack of bitcoin 'long-term strategy'
White House crypto czar David Sacks claimed Thursday that the federal government’s lack of a "long-term strategy" on cryptocurrency has negatively impacted American taxpayers.