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Wall Street’s stock markets plunged amid fears Donald Trump’s tariff trade war will hammer American growth.

Work management software maker Asana (NYSE: ASAN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 10% year on year to $188.3 million. On the other hand, the company’s full-year revenue guidance of $786 million at the midpoint came in 2.1% below analysts’ estimates. Its non-GAAP loss of $0 per share was $0.01 above analysts’ consensus estimates.

Upscale restaurant company The One Group Hospitality (NASDAQ:STKS) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 147% year on year to $221.9 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $202.5 million was less impressive, coming in 2.4% below expectations. Its non-GAAP loss of $0.03 per share was significantly below analysts’ consensus estimates.

(Bloomberg) -- Technology shares suffered their biggest one-day plunge since 2022, as investors ditched longtime market leaders on rising worries the economy is headed for a recession.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Des

Avocado company Mission Produce (NASDAQ:AVO) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 29.2% year on year to $334.2 million. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.

The "Magnificent Seven" stocks were at the center of a sell-off in markets on Monday as investors continue to take risk off the table.

Tesla shares touched their lowest level since Nov. 4 on Monday.

Investors' overreaction to seasonal volatility may represent a buying opportunity, Citi says. The post Trucking stocks tumble, but Citi sees opportunity in chaos appeared first on FreightWaves.

Shares of Truth Social parent Trump Media & Technology Group continued their decline since Inauguration Day, plummeting more than 10% Monday.

Shares of Beacon Roofing Supply surged almost 7% amid a market sell-off Monday on news the company was in discussions with technology solutions company QXO to be acquired for $11 billion.