Shares of toy and entertainment company Hasbro (NASDAQ:HAS) jumped 16.1% in the afternoon session after the company reported strong first quarter 2025 results which significantly exceeded analysts' expectations across revenue, EPS, and EBITDA. The real spark came from digital games. Zooming out, we think this quarter featured some important positives.
Shares of financial services provider CBIZ (NYSE:CBZ) fell 13.1% in the afternoon session after the company reported mixed first-quarter 2025 results, which included an EPS beat, but revenue missed significantly, and full-year revenue guidance fell short. Management lowered its full-year revenue guidance, citing uncertainty around client demand for project-based services and a larger mix of episodic revenue later in the year. Overall, this quarter could have been better.
Shares of architectural products company Apogee (NASDAQ:APOG) fell 10.7% in the morning session after the company reported mixed first-quarter 2025 results: Looking ahead, the full-year earnings forecast wasn't great. The company guided well below the previous year, blaming tariffs. On the other hand, Apogee blew past analysts' EBITDA expectations, and its revenue outperformed Wall Street's estimates by a wide margin. Overall, we think this was a decent quarter with some key metrics above expect
Shares of automotive parts company LKQ (NASDAQ:LKQ) fell 11.9% in the afternoon session after the company reported disappointing first quarter 2025 results which included a significant miss on full-year EBITDA guidance and revenue that fell short of expectations. Total revenue declined 6.5% year on year, with each business segment posting declines between 5% and 7%, driven by softer demand and limited pricing power. Even self-service, typically more stable, contracted nearly 6%. Overall, this wa
WASHINGTON/NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has lost 16% of its workforce since this time last year, two sources briefed on the matter said, leaving Wall Street's top regulator with gaps across key divisions at a time of market turmoil. Most of those staff members left since February when more than 600 accepted Trump administration offers to resign and retire early, according to one of the sources and a second source familiar with the matter. Chief Operating Officer Kenneth Johnson cited the 16% figure on Tuesday in an email to certain staff that was described by the first two sources.
The T-REX 2x Long GME Daily Target ETF began trading on Thursday, offering investors a way to amplify their gains—and losses—on GameStop stock, one of the market's more volatile offerings.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
WASHINGTON (Reuters) -Optimism in the U.S. market for commercial real estate financing witnessed its second largest drop ever in the first quarter, triggered by President Donald Trump's new tariff policies, a new survey found. In a survey of CRE financing participants conducted from March 31 to April 7, the CRE Finance Council said Wednesday that optimism in the sector fell 30.5% since the fourth quarter. Eighty percent of those surveyed said they expected economic conditions to worsen over the next 12 months, versus just 12% saying so in the fourth quarter of 2024, according to the survey.
Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.
One of Wall Street's Apple bulls pared their optimism on the tech giant's shares today.