Chicago, IL – February 6, 2025 – Today, Zacks Investment Ideas feature highlights Palantir PLTR, Meta Platforms Inc. META, Microsoft Corp. MSFT and Alphabet Inc. GOOGL. Palantir, the artificial intelligence (AI)-powered software platform and data analytics firm, reported robust earnings results for fourth-quarter 2024. The company’s earnings results can be divided into three parts: strong…
By Max A. Cherney, Stephen Nellis, Arsheeya Bajwa (Reuters) -Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday. Shares of the Santa Clara, California-based company dropped about 10% in extended trading. AMD’s shares…
Market News Wall Street closed higher on Friday driven by strong fourth-quarter earnings results and economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in positive territory. However, last week ended in a positive zone. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.8% or 334.70 points to…
The S&P 500 Is on Track for a Record Close With FOMC Minutes on Tap The S&P 500 on Tuesday was trading above its highest close on record with only Fed minutes and the central bank’s preferred inflation gauge in between Wall Street and the Thanksgiving break. The Nasdaq Composite was up 0.5%. The Dow…
U.S. stock markets closed mixed on Wednesday as post-election rally shows signs of uncertainty. A key inflation data of October was in line with expectations. Third-quarter earnings results remained strong. The Dow and the S&P 500 ended in positive territory while the Nasdaq Composite finished in negative zone. The Dow Jones Industrial Average (DJI) rose…
SoundHound AI SOUN incurred a third-quarter 2024 loss of 6 cents per share, down from the year-ago quarter’s loss of 9 cents per share. The figure beat the Zacks Consensus Estimate by 25%. Revenues increased 89% year over year to $25.1 million, beating the Zacks Consensus Estimate by 5.96%. This growth was driven by the…
Warner Bros. Discovery, Inc (NASDAQ: WBD) reported a fiscal third-quarter revenue decline of 3% ex-FX year-on-year to $9.623 billion, missing the analyst consensus estimate of $9.799 billion. EPS of 5 cents beat the analyst consensus estimate loss of 9 cents. Net income was $135 million versus a loss of 417 million year-over-year. The stock gained after the print….
Super Micro Computer, Inc. SMCI is scheduled to report first-quarter fiscal 2025 results on Nov. 5. For the fiscal first quarter, the company expects revenues between $6 billion and $7 billion. The Zacks Consensus Estimate is pegged at $6.52 billion, indicating growth of 207.5% from the year-ago quarter’s reported value. Stay up-to-date with all quarterly…
The market expects Yum China Holdings (YUMC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results…
General Motors Continues To Defy Expectations Thanks To Pickups And U.S. Demand On Tuesday, General Motors (NYSE: GM) easily surpassed Wall Street’s third-quarter expectations, raising its key guidance target for the full year fueled by the strength of its North America operations. Third Quarter Highlights For the quarter ended on September 30th, General Motors reported…