Data-mining and analytics company Palantir (NYSE:PLTR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 36% year on year to $827.5 million. On top of that, next quarter’s revenue guidance ($860 million at the midpoint) was surprisingly good and 7.2% above what analysts were expecting. Its non-GAAP profit of $0.14 per share was 23.7% above analysts’ consensus estimates.
Aerospace and defense company Woodward (NASDAQ:WWD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.8% year on year to $772.7 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $3.4 billion at the midpoint. Its non-GAAP profit of $1.35 per share was 13.9% above analysts’ consensus estimates.
Just about everyone thought it was a bluff. Top analysts from the biggest banks on Wall Street said it was highly unlikely. Stocks were trading like it wouldn’t happen. Some companies built contingency plans, but they weren’t exactly rushing to make changes.
Advanced Micro Devices is set to report its fourth-quarter results after the market closes Tuesday, with analysts projecting revenue and earnings growth.
Nvidia shares fell Monday after the Trump administration said it would impose tariffs, adding to steep losses for the stock that were fueled by concerns related to the success of Chinese startup DeepSeek's low-cost AI model. Watch these important chart levels.
Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.
It will be tough for Intel to fix itself, Microsoft co-founder Bill Gates says.
Markets may be underestimating the risks of Trump’s China tariffs, experts warn.
The selloff subsided when Trump announced the tax hike on Mexican imports would be postponed for one month.
New tariffs pose a significant challenge for U.S. refiners, who are already grappling with declining profit margins. The post Energy markets panic over tariffs, but then relax appeared first on FreightWaves.