The markets finally got their answer on tariffs. They didn't seem to like it.
The first full day of trading following the official escalation of the trade war saw plenty of chaos. But the pain could be short-lived.
Oil touches multi-year lows amid concerns of excess supply, trade war
Oil futures sank to multi-year lows amid trade war worries and the prospects of more oil coming into the market.
Berkshire Wannabes, Tariffs and AI Top Talk of Wall Street Pros
(Bloomberg) -- The newest trend in alternative investing is trying to look like Warren Buffett’s conglomerate, Berkshire Hathaway Inc.Most Read from BloombergRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Trump Administration Plans to Eliminate Dozens of Housing OfficesHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who Embraced the CityThe chief executive officers of KKR & Co., Brookfi
Apple’s Use of SiTime in iPhone 16e Fuels Stock Rally for Chipmaker
(Bloomberg) -- The appearance of SiTime Corp. components in the new iPhone 16e is fueling a stock rally for the little-known chipmaker, sending the shares up 20% on Wednesday.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who Embraced the CityA device
Victoria's Secret (NYSE:VSCO) Exceeds Q4 Expectations But Stock Drops
Intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) announced better-than-expected revenue in Q4 CY2024, with sales up 1.1% year on year to $2.11 billion. On the other hand, next quarter’s revenue guidance of $1.32 billion was less impressive, coming in 5.3% below analysts’ estimates. Its non-GAAP profit of $2.60 per share was 13.2% above analysts’ consensus estimates.
Allient’s (NASDAQ:ALNT) Q4: Beats On Revenue
Precision motion systems specialist Allient (NASDAQ:ALNT) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 13.5% year on year to $122 million. Its GAAP profit of $0.18 per share was significantly above analysts’ consensus estimates.
Elon Musk's DOGE may bring some pain to these 4 high-growth restaurant stocks
A falloff in government employment could hit several fast-casual restaurants.
Emerging-Market Assets Rally as Doubts Mount Over US Growth
(Bloomberg) -- Developing-nation assets jumped on bets higher tariffs will slow the US economy and divert investment flows into other markets. Most Read from BloombergRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Trump Administration Plans to Eliminate Dozens of Housing OfficesHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who Embraced the CityAn MSCI Inc. gauge for emerging-market st
NN (NASDAQ:NNBR) Misses Q4 Sales Targets, But Stock Soars 9.1%
Industrial components supplier NN (NASDAQ:NNBR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 5.3% year on year to $106.5 million. The company’s full-year revenue guidance of $465 million at the midpoint came in 1% below analysts’ estimates. Its non-GAAP loss of $0.02 per share was 64.7% above analysts’ consensus estimates.
CompoSecure (NASDAQ:CMPO) Misses Q4 Sales Targets, Stock Drops
Premium payment card manufacturer CompoSecure (NASDAQ:CMPO) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $100.9 million. Its non-GAAP profit of $0.20 per share was 6.5% below analysts’ consensus estimates.