Palantir shares surged to an all-time high Thursday, extending gains earlier in the week after the company gave a stronger-than-expected outlook on growing demand for its Artificial Intelligence Platform.
Audio technology Sonos company (NASDAQ:SONO) announced better-than-expected revenue in Q4 CY2024, but sales fell by 10.1% year on year to $550.9 million. Its non-GAAP profit of $0.64 per share was significantly above analysts’ consensus estimates.
Skyworks Solutions' stock plummeted more than 24% Thursday after the analogue chipmaker projected a slowdown in its mobile business revenue. Monitor these longer-term price levels on the monthly chart.
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence in Musk is rising alongside the billionaire’s elevated status in Washington.
Hilton shares hit a record high Thursday as executives said the hotel chain has seen an uptick in business demand.
Roblox shares swooned Thursday after the online game platform reported fewer-than-expected users during the fourth quarter.
Shares of healthcare insurance company Molina Healthcare (NYSE:MOH) fell 10.6% in the pre-market session after the company reported underwhelming fourth quarter results, with EPS missing Wall Street estimates and full-year EPS guidance falling significantly short. However, full-year revenue guidance slightly exceeded analysts' expectations, and revenue outperformed estimates. Overall, the results were mixed.
Shares of vocational education Universal Technical Institute (NYSE:UTI) jumped 14.2% in the pre-market session after the company reported fourth-quarter results that significantly exceeded analysts' sales expectations. The top line was driven primarily by a 22.3% increase in new student starts and an 11.1% rise in average full-time active students. Additionally, EBITDA outperformed Wall Street estimates by a wide margin, reflecting strong operational performance. The slight rise in full-year re
Shares of fast-food company Yum! Brands (NYSE:YUM) jumped 8.1% in the morning session after the company reported fourth-quarter results that met analysts' expectations for same-store sales, leading to in-line revenue. On the bottom line, EPS beat slightly. While there was no specific 2025 guidance, management noted that this year should be another one following their long-term growth algorithm. Overall, this was a solid quarter with no major surprises.
Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 17.9% in the pre-market session after the company reported strong fourth-quarter results, with EBITDA significantly surpassing Wall Street estimates and guidance for the next quarter coming in well above expectations. Gross margins improved significantly, due to a shift toward higher-margin products and lower costs. This margin expansion helped drive the earnings outperformance despite revenue pressures. Overall, this quarter sh