Learning archive

Energy, Defense, AI Stocks in Focus in Japan With Ishiba in US
  • February 6, 2025

Energy, Defense, AI Stocks in Focus in Japan With Ishiba in US

(Bloomberg) -- A heightened sense of risk and opportunity is building in Japanese markets on Friday as Prime Minister Shigeru Ishiba prepares for his first meeting with President Donald Trump.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneTransportation Memos Favor Places With Higher Birth and Marriage RatesState Farm Seeks Emergency California Rate Hike After FiresHow London’s Taxi Drivers Navig

Read More
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter
  • February 6, 2025

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

Read More
Paylocity’s (NASDAQ:PCTY) Q4 Sales Top Estimates, Provides Encouraging Quarterly Revenue Guidance
  • February 6, 2025

Paylocity’s (NASDAQ:PCTY) Q4 Sales Top Estimates, Provides Encouraging Quarterly Revenue Guidance

Payroll and human resources software provider, Paylocity (NASDAQ:PCTY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 15.5% year on year to $377 million. Guidance for next quarter’s revenue was better than expected at $441.5 million at the midpoint, 1.9% above analysts’ estimates. Its non-GAAP profit of $1.52 per share was 6.6% above analysts’ consensus estimates.

Read More
Dallas Fed's Logan signals rate cuts require US labor market cooling
  • February 6, 2025

Dallas Fed's Logan signals rate cuts require US labor market cooling

She said she would view the combination of slowing inflation and a strong labor market as evidence that monetary policy was not meaningfully restrictive. While good news, she said in remarks prepared for delivery to a Bank for International Settlements conference in Mexico City, "it wouldn't necessarily allow the (Fed) to cut rates soon."

Read More
Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact
  • February 6, 2025

Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact

(Bloomberg) -- US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance plans, showing a cautious approach toward financial markets from an administration that’s elsewhere rapidly upending the status quo.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneTransportation Memos Favor Places With Higher Birth and Marriage RatesState Farm

Read More
Universal Logistics’s (NASDAQ:ULH) Q4 Sales Beat Estimates
  • February 6, 2025

Universal Logistics’s (NASDAQ:ULH) Q4 Sales Beat Estimates

Transportation and logistics solutions provider Universal Logistics (NASDAQ:ULH) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 19% year on year to $465.1 million. Its GAAP profit of $0.77 per share was 17.2% below analysts’ consensus estimates.

Read More
GoPro’s (NASDAQ:GPRO) Q4 Sales Top Estimates But Stock Drops
  • February 6, 2025

GoPro’s (NASDAQ:GPRO) Q4 Sales Top Estimates But Stock Drops

Action camera company GoPro (NASDAQ:GPRO) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 32% year on year to $200.9 million. On the other hand, next quarter’s revenue guidance of $125 million was less impressive, coming in 8.8% below analysts’ estimates. Its non-GAAP loss of $0.09 per share was 21.7% above analysts’ consensus estimates.

Read More