Life sciences company Neogen (NASDAQ:NEOG) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $231.3 million. Its non-GAAP profit of $0.11 per share was in line with analysts’ consensus estimates.
Shares of footwear and apparel conglomerate Deckers (NYSE:DECK) fell 16.8% in the morning session after the company reported mixed fourth quarter results: its full-year revenue guidance slightly missed even though the company raised it. The sales guidance suggested a steady slowdown in growth to the mid-teens. On the other hand, Deckers blew past analysts' constant currency revenue and EPS estimates. Overall, this quarter had some key positives, but the market was expecting even better results.
Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, after a wild week for the chipmaker's stock.
Hedge funds have bet billions of dollars against Donald Trump’s America amid fears of a market crash.
U.S. equities were mostly higher at midday on positive tech earnings news and a report showing December inflation came in as expected.
Apple shares rose Friday morning after the company reported better-than-expected earnings and said customers are increasingly upgrading their iPhones to take advantage of AI features. Monitor these crucial post-earnings chart levels.
(Bloomberg) -- JPMorgan Chase & Co.’s global markets co-head Jason Sippel is leaving for hedge fund Rokos Capital Management, with Pranav Thakur taking over as sole head of Wall Street’s biggest trading desk.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute Time Drops Wi
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday. It's on track for just a 0.1% weekly loss after tumbling Monday on worries the artificial-intelligence boom that’s sent it to records may not require as much investment as thought. Apple helped lead the market and rose 3.2% after reporting stronger profit for the latest quarter than analysts expected.
Sippel will be leaving for another opportunity after a 23-year stint at the largest U.S. bank by assets, where he held various roles, including expanding its prime brokerage business and overseeing global credit trading and public finance. Earlier this month, JPMorgan reported a record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. JPMorgan's global markets franchise ended 2024 with a record revenue of $30 billion.
Zillow initiated, Electronic Arts upgraded: Wall Street's top analyst calls