Johnson & Johnson (JNJ) reported a beat on first quarter earnings Tuesday, even as concerns linger about how President Trump’s tariffs will impact its medical device business, as well as how a probe into pharmaceutical tariffs will impact its business. J&J reported first quarter revenue of $21.9 billion, beating Wall Street estimates by 1.4%. Adjusted…
Photo: Michael M. Santiago (Getty Images) Stocks fell Thursday morning after President Donald Trump imposed 25% tariffs on imported autos Wednesday evening and European equities declined. The S&P 500 declined 0.6%, the Nasdaq Composite slid 0.8% and the Dow Jones Industrial Average lost 257 points, or 0.6%. General Motors (GM) stock plunged more than 8%,…
Nvidia (NVDA) stock fell 8.5% Thursday after the company’s fourth quarter earnings topped Wall Street’s expectations, but its outlook for first quarter gross margin came in lower than estimates. NasdaqGS – Delayed Quote • USD At close: February 27 at 4:00:01 PM EST Nvidia guided for a gross margin of roughly 71% for the first…
Nvidia (NVDA) stock fell roughly 6% Thursday afternoon after the company’s fourth quarter earnings topped Wall Street’s expectations but its outlook for first quarter gross margin came in lower than estimates. NasdaqGS – Nasdaq Real Time Price • USD As of 3:39:29 PM EST. Market Open. Nvidia guided for a gross margin of roughly 71%…
Nvidia (NVDA) stock fell 2% in early trading Thursday after the company’s fourth quarter earnings topped Wall Street’s expectations but its outlook for first quarter gross margin came in lower than estimates. NasdaqGS – Nasdaq Real Time Price • USD As of 10:53:28 AM EST. Market Open. Nvidia guided for a gross margin of roughly…
Nvidia (NVDA) said Wednesday that its latest Blackwell AI chips have reached full-scale production, generating $11 billion in revenue during its fourth quarter. “We delivered $11.0 billion of Blackwell architecture revenue in the fourth quarter of fiscal 2025, the fastest product ramp in our company’s history,” said Nvidia CFO Colette Kress in comments released with…
Nvidia (NVDA) stock rose more than 4% early Wednesday ahead of the company’s highly anticipated fourth quarter earnings report after the bell. NasdaqGS – Nasdaq Real Time Price • USD As of 12:02:56 PM EST. Market Open. The AI chipmaker’s earnings results are a major test for the AI trade as investors closely watch whether…
Why Is Robinhood (HOOD) Stock Soaring Today Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 15.3% in the pre-market session after the company reported strong fourth quarter 2024 results, which blew past analysts’ revenue, EPS, and EBITDA expectations. Specifically, cryptocurrency trading revenues soared by 700%+ year-on-year while equities and options increased by 144% and 83%,…
Palantir Technologies (PLTR, Financial) shares soared more than 26% on Tuesday morning after the company produced a stunning earnings report that crushed expectations. The company beat Wall Street’s expectations by posting an earnings per share (EPS) of 14 cents. The company recorded a 36% growth in revenue for the quarter of $827 million, far exceeding…
Fourth quarter earnings season is off to a strong start. Unfortunately, that may not matter much for the stock market. Many equity strategists anticipate a solid earnings season for companies in the S&P 500 (^GSPC) to take a back seat in the coming weeks as investors dissect President Donald Trump’s return to the Oval Office…