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Feb 19, 2025

Why SolarEdge (SEDG) Stock Is Up Today

Shares of solar power systems company SolarEdge (NASDAQ:SEDG) jumped 35.2% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' revenue expectations. In addition, it posted positive free cash flow and guided for more of the same in 2025 (both Q1 and full year). On the other hand, its EBITDA and EPS fell short of Wall Street's estimates. Still, the company emphasized its 'turnaround story,' likely giving investors more reasons to stay p

Feb 19, 2025

Flowserve (FLS) Stock Trades Down, Here Is Why

Shares of flow control equipment manufacturer Flowserve (NYSE:FLS) fell 9.8% in the pre-market session after the company reported disappointing fourth-quarter results: Its EPS missed significantly, and its revenue fell short of Wall Street's estimates. On the other hand, Flowserve blew past analysts' backlog expectations this quarter. Still, this was a weaker quarter.

Feb 19, 2025

Why Penumbra (PEN) Stock Is Trading Up Today

Shares of medical device company Penumbra (NYSE:PEN) jumped 13.6% in the afternoon session after the company reported impressive fourth-quarter 2024 results, which blew past analysts' constant currency revenue, EBITDA, and earnings expectations. Sales grew by 10.8% compared to the previous year due to strong performance in its U.S. thrombectomy business, which surged 27.3%. This strength helped offset a 16.5% decline in international sales, largely due to weaker performance in China. However, de

Feb 19, 2025

Bitcoin Could Drop to $86K as Demand, Network Activity Falter: CryptoQuant

Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.

Feb 19, 2025

Ecopetrol Boosts Its Bet on Colombia’s Oil-Rich Eastern Plains

(Bloomberg) -- State-controlled oil driller Ecopetrol SA sees “great potential” for development and exploration in Colombia’s crude-producing heartland alongside bets on US fracking and offshore gas. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Council Delays $830 Million Bond Vote Amid

Feb 19, 2025

Elon Musk’s ‘DOGE dividend’ — experts say crypto could be an option

If Musk offers tax refunds in crypto, “it would be an extreme headache and ripe for potential fraud,” one expert said.

Feb 19, 2025

The White House tightens control over the Fed — but not on rates

A new executive order gives President Donald Trump's appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.

Feb 19, 2025

Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule

In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.