Why Himax (HIMX) Stock Is Trading Up Today
  • February 13, 2025

Why Himax (HIMX) Stock Is Trading Up Today

Shares of semiconductor maker Himax Technologies (NASDAQ:HIMX) jumped 14.4% in the pre-market session after the company reported strong fourth quarter 2024 results, with revenue rising 6.7% sequentially and 4.2% y/y, exceeding Wall Street's estimates. Operating income rose sharply to 9.7% of sales from 2.6% in the prior quarter, contributing to a solid earnings beat. Looking ahead, the company guided for sequential revenue decline in Q1, citing seasonality from the Lunar New Year holiday. Howeve

Why Is AppLovin (APP) Stock Rocketing Higher Today
  • February 13, 2025

Why Is AppLovin (APP) Stock Rocketing Higher Today

Shares of mobile app advertising platform AppLovin (NASDAQ: APP) jumped 34.2% in the morning session after the company delivered strong fourth quarter 2024 results, exceeding analysts' expectations for revenue, EPS, and EBITDA. Sales surged 44% y/y, driven by a 73% jump in advertising revenue. Profitability improved meaningfully, with adjusted EBITDA soaring 78%. Looking ahead, AppLovin provided bullish EBITDA and sales estimates for the next quarter, well above analyst estimates.

Why Is Manitowoc (MTW) Stock Rocketing Higher Today
  • February 13, 2025

Why Is Manitowoc (MTW) Stock Rocketing Higher Today

Shares of crane and lifting equipment company Manitowoc (NYSE:MTW) jumped 21.9% in the morning session after the company reported strong fourth-quarter results that significantly exceeded analysts' EPS expectations, with EBITDA also outperforming Wall Street estimates by a wide margin. However, backlog declined notably, and revenue remained flat compared to the prior year, inline with expectations. Looking ahead, the company remains focused on growing its non-new machine sales and expanding its

Thoma Bravo-backed SailPoint valued at $12.8 billion in muted market return
  • February 13, 2025

Thoma Bravo-backed SailPoint valued at $12.8 billion in muted market return

(Reuters) -SailPoint was valued at $12.8 billion after its shares debuted in line with their offer price on Thursday, marking a tepid return to the stock market for the Thoma Bravo-backed identity security company. The IPO market's recovery has been uneven so far in 2025, with traders weighing the push for deregulation against policy uncertainty and a likely delay in rate cuts. Shares of defense and space firm Karman Holdings, which also started trading on Thursday, soared 36%.

Why Datadog (DDOG) Stock Is Nosediving
  • February 13, 2025

Why Datadog (DDOG) Stock Is Nosediving

Shares of cloud monitoring software company Datadog (NASDAQ:DDOG) fell 14.9% in the pre-market session after the company reported disappointing fourth quarter results and provided full-year revenue and EPS guidance below Wall Street's estimates. Despite strong revenue growth of 25% year on year, operating margins shrunk, and the outlook suggests a slowdown in growth. Notably, the guidance implied a 10% y/y decline in net new revenue, and when combined with the weaker margins, could suggest the c

Why Reddit (RDDT) Stock Is Down Today
  • February 13, 2025

Why Reddit (RDDT) Stock Is Down Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 19.8% in the pre-market session after the company reported mixed fourth-quarter results: revenue, EPS, and EBITDA all outperformed Wall Street's estimates, but lower-than-anticipated domestic user growth weighed on investor sentiment. Reddit also provided optimistic revenue and EBITDA guidance for the next quarter, which blew past analysts' expectations.

Why Is Robinhood (HOOD) Stock Soaring Today
  • February 13, 2025

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.

Why Crocs (CROX) Stock Is Up Today
  • February 13, 2025

Why Crocs (CROX) Stock Is Up Today

Shares of footwear company Crocs (NASDAQ:CROX) jumped 21% in the pre-market session after the company delivered solid fourth-quarter 2024 results, surpassing analysts' revenue, EPS, and EBITDA estimates. Revenue increased by 3.1%, led by a 4% rise in the core Crocs brand, while HEYDUDE sales remained flat. Strength in direct-to-consumer sales, particularly in China and North America also helped offset weaker wholesale performance.

Why West Pharmaceutical Services (WST) Stock Is Nosediving
  • February 13, 2025

Why West Pharmaceutical Services (WST) Stock Is Nosediving

Shares of healthcare products company West Pharmaceutical Services (NYSE:WST) fell 34.9% in the afternoon session after the company reported disappointing fourth-quarter 2024 results: its full-year revenue and earnings guidance fell short of Wall Street's estimates. Adjusted EPS declined slightly y/y, reflecting margin pressures and a less favorable product mix. These factors contributed to the lower-than-expected full-year EPS guidance.

Hedge Fund Founder Says the Future of Stock Picking Won’t Come From Hedging
  • February 13, 2025

Hedge Fund Founder Says the Future of Stock Picking Won’t Come From Hedging

(Bloomberg) -- For Soroban Capital Partners founder Eric Mandelblatt, the future growth of stock-picking hedge funds won’t come from hedging. Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says“Where the world is heading, I think long-short will struggle to be a growth as