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Sanmina (NASDAQ:SANM) Posts Better-Than-Expected Sales In Q1 But Quarterly Revenue Guidance Misses Expectations
  • April 28, 2025

Sanmina (NASDAQ:SANM) Posts Better-Than-Expected Sales In Q1 But Quarterly Revenue Guidance Misses Expectations

Electronics manufacturing services company Sanmina (NASDAQ:SANM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 8.1% year on year to $1.98 billion. On the other hand, next quarter’s revenue guidance of $1.98 billion was less impressive, coming in 4.4% below analysts’ estimates. Its non-GAAP profit of $1.41 per share was 2.5% above analysts’ consensus estimates.

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Why Is Peloton (PTON) Stock Rocketing Higher Today
  • April 28, 2025

Why Is Peloton (PTON) Stock Rocketing Higher Today

Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 6.4% in the pre-market session after Truist analysts upgraded the stock's rating from Hold to Buy, signaling renewed confidence in the company's turnaround efforts. In their note, the firm emphasized that more than three years after initially downgrading Peloton, they saw tangible improvements in the company's fundamentals.

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Why Plug Power (PLUG) Stock Is Up Today
  • April 28, 2025

Why Plug Power (PLUG) Stock Is Up Today

Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 39.2% in the morning session after the company locked in a new loan of up to $525 million, boosting its cash pile and providing more headroom to support operations and future growth plans. It also shared strong early sales for the first quarter of 2025, beating Wall Street's estimates. Q1 2025 revenue guidance was estimated at around $130 million to $134 million.

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Why Sabre (SABR) Stock Is Up Today
  • April 28, 2025

Why Sabre (SABR) Stock Is Up Today

Shares of travel technology company Sabre (NASDAQ:SABR) jumped 21.1% in the morning session after the company agreed to sell its hospitality solutions business to TPG for $1.1 billion. The proceeds from the sale were expected to significantly bolster SABR's cash reserves, giving it more flexibility to invest in growth areas such as its airline IT services and travel marketplace platforms. Additionally, the transaction supported the company's efforts to achieve its target leverage ratio of 2.5x t

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Biggest risk to markets is a fragmented world, says Norway wealth fund CEO
  • April 28, 2025

Biggest risk to markets is a fragmented world, says Norway wealth fund CEO

OSLO (Reuters) -The world economy appears to be fragmenting, posing the biggest risk to markets currently as it brings low growth and higher inflation, the CEO of Norway's $1.8 trillion sovereign wealth fund told Reuters. The fund, which invests the Norwegian state's revenues from oil and gas production, is the largest of its type and one of the world's biggest investors, owning on average 1.5% of all listed stocks and across some 9,000 companies globally. Asked what the biggest risk to financial markets today was, Nicolai Tangen, CEO of the fund's operator Norges Bank Investment Management (NBIM), said it was decoupling, and referred to one of the fund's stress-test scenarios that sees a fragmented world economy.

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