Software development tools maker JFrog (NASDAQ:FROG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.4% year on year to $116.1 million. The company expects next quarter’s revenue to be around $117 million, close to analysts’ estimates. Its non-GAAP profit of $0.19 per share was 36.7% above analysts’ consensus estimates.
Stocks rallied on Thursday as investors digested fresh inflation data and new tariff announcements from President Trump.
Online accommodations platform Airbnb (NASDAQ:ABNB) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 11.8% year on year to $2.48 billion. On the other hand, next quarter’s revenue guidance of $2.25 billion was less impressive, coming in 2.2% below analysts’ estimates. Its GAAP profit of $0.73 per share was 25.5% above analysts’ consensus estimates.
Arm shares surged Thursday following a report the chip designer is developing its own chip, with tech giant Meta set to be one of its first customers.
Cybersecurity provider Palo Alto Networks (NASDAQ:PANW) announced better-than-expected revenue in Q4 CY2024, with sales up 14.3% year on year to $2.26 billion. The company expects next quarter’s revenue to be around $2.28 billion, close to analysts’ estimates. Its non-GAAP profit of $0.81 per share was 3.9% above analysts’ consensus estimates.
Shares of sales and marketing software maker HubSpot (NYSE:HUBS) jumped 5.9% in the afternoon session after the company reported fourth quarter 2024 results that exceeded analysts' billings and revenue estimates, with total revenue rising 21% year on year, supported by strong subscription growth. On the other hand, its EPS guidance for the next quarter missed expectations, and its full-year revenue outlook of 14% year-on-year growth suggests a slowdown compared to 2024's 21% increase. This signa
Retail investors are boosting Hims & Hers after the success of its Super Bowl ad Sunday.
Intel shares jumped Thursday, extending their recent rally on speculation of a deal with TSMC.
(Bloomberg) -- Treasuries rose on Donald Trump’s latest tariff vows, extending a rally that came as a report on producer prices suggested that Wednesday’s selloff sparked by hot consumer inflation data was overblown. Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe
(Bloomberg) -- Oil settled little changed, rebounding from the lowest since December, as a hazy timeline surrounding US President Donald Trump’s plans to impose reciprocal tariffs counteracted potentially easing risks to Russian supplies. Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cut
