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  • Feb 25, 2025

Primoris (PRIM) Stock Trades Up, Here Is Why

Shares of infrastructure construction company Primoris (NYSE:PRIM) jumped 10.5% in the pre-market session after the company reported impressive fourth-quarter results that exceeded analysts' backlog, revenue, EPS, and EBITDA estimates. Revenue grew by 14.9% y/y, driven primarily by strong performance in the Energy and Utilities segments. Operating income saw a modest increase, as gross margins in the utilities segment improved significantly. Looking ahead, full-year EPS and EBITDA guidance excee

  • Feb 25, 2025

Why CECO Environmental (CECO) Stock Is Up Today

Shares of environmental solutions provider jumped 14.7% in the morning session after the company reported decent fourth-quarter results, surpassing analysts' expectations for revenue, EPS, and EBITDA. Revenue grew 3% y/y, driven by record-high bookings and a 46% increase in backlog, signaling strong demand across its industrial and environmental businesses. On top of that, the company's full-year revenue and EBITDA guidance came in ahead of forecasts, adding to the positive momentum. Zooming out

  • Feb 25, 2025

Why Is EverQuote (EVER) Stock Rocketing Higher Today

Shares of online insurance comparison site EverQuote (NASDAQ:EVER) jumped 31.5% in the pre-market session after the company reported a standout Q4 2024 result, with revenue and EBITDA significantly crushing Wall Street's estimates. Sales soared 165% compared to the previous year, fueled by a considerable rebound in the automotive insurance segment, which more than tripled. This sharp recovery highlights improving industry conditions and the company's ability to capitalize. On the profitability s

  • Feb 25, 2025

Tesla's market value tumbles below $1 trillion as its Europe sales slump

Tesla's stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the first time since November after data showed the electric car maker's sales slumped in Europe in January. The European Automobile Manufacturers Association reported that Tesla sales dropped 45% in Europe, compared with a 37% jump in overall sales of EVs in Europe. The sales decline underscores Tesla's challenges following a dip in global deliveries last year that has raised pressure on CEO Elon Musk to roll out lower-priced models as well as the autonomous cars that he says underpin Tesla's future.

  • Feb 25, 2025

Why DigitalOcean (DOCN) Stock Is Up Today

Shares of cloud computing provider DigitalOcean (NYSE: DOCN) jumped 21% in the pre-market session after the company reported strong fourth-quarter 2024 results, surpassing analysts' expectations for revenue, EPS, and EBITDA. Revenue grew 13% y/y, driven by a sharp rise in spending from its top-tier customers, whose contribution to overall revenue jumped 37%. Additionally, full-year EPS guidance came in above Wall Street estimates. Overall, we think this was still a solid quarter with some key ar

  • Feb 25, 2025

Why Is Sealed Air (SEE) Stock Soaring Today

Shares of integrated packaging solutions provider Sealed Air Corporation (NYSE:SEE) jumped 11.6% in the morning session after the company reported impressive fourth-quarter 2024 results that outperformed analysts' EPS and EBITDA estimates, even as revenue remained mostly flat year on year. Looking ahead, Sealed Air's full-year 2025 revenue and EPS guidance disappointed, both falling short of analyst expectations. Still, this was a decent quarter.

  • Feb 25, 2025

Why FARO (FARO) Stock Is Up Today

Shares of 3D measurement and imaging company FARO (NASDAQ:FARO) jumped 18.1% in the afternoon session after the company reported a strong Q4 2024 quarter, with revenue, EBITDA, and EPS surpassing Wall Street's estimates. While revenue did decline 5% y/y due to softer demand, the real story here is margin expansion. Gross margins jumped to 56.7% from 50.9% last year, helping drive profitability gains.

  • Feb 25, 2025

Fed’s Barr Says Monetary Policy ‘Inextricably’ Tied to Stability

(Bloomberg) -- Federal Reserve Vice Chair for Supervision Michael Barr says monetary policy and financial stability are “inextricably linked.” Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesThe Trump Administration Takes Aim at Transportation ResearchDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverShelters Await Billions in Federal Money for Homelessness ProvidersBarr’s speech Tuesday f

  • Feb 25, 2025

Wall Street Gamblers Get Crushed as Leveraged ETF Losses Hit 40%

(Bloomberg) -- They were all the rage on the way up: high-risk, high-return exchange-traded funds, minted in bulk by Wall Street product managers in the euphoria of the post-election bull market.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Mon

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