Analog chip manufacturer Texas Instruments (NASDAQ:TXN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 11.1% year on year to $4.07 billion. On top of that, next quarter’s revenue guidance ($4.35 billion at the midpoint) was surprisingly good and 5.1% above what analysts were expecting. Its GAAP profit of $1.28 per share was 20.2% above analysts’ consensus estimates.
Enterprise workflow software maker ServiceNow (NYSE:NOW) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 18.6% year on year to $3.09 billion. Its non-GAAP profit of $4.04 per share was 5.4% above analysts’ consensus estimates.
Stock indexes and the U.S. dollar rose, as investors got hints of a long-sought détente in America’s trade wars.
Specialized talent solutions company Robert Half (NYSE:RHI) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 8.4% year on year to $1.35 billion. Its GAAP profit of $0.17 per share was 52.9% below analysts’ consensus estimates.
Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing. The post Market shook, LTL carrier Old Dominion isn’t appeared first on FreightWaves.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp
A number of stocks jumped in the afternoon session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more i
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp
Chief executives of Walmart, Target and Home Depot reportedly warned Trump that supply chain disruptions would lead to empty shelves at U.S. stores in weeks.