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Big Tech Retreat Presents Stock-Picking Moment, Morgan Stanley’s Shalett Says
  • February 26, 2025

Big Tech Retreat Presents Stock-Picking Moment, Morgan Stanley’s Shalett Says

(Bloomberg) -- The monolithic dominance of Big Tech made life miserable for stock pickers in recent years. With the group reaching a double-digit drop from its peak, opportunities to uncover the next market vanguards have arisen, according to Morgan Stanley’s Lisa Shalett.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Co

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Iran’s Uranium Stock Surged Since Trump’s Return to Office
  • February 26, 2025

Iran’s Uranium Stock Surged Since Trump’s Return to Office

(Bloomberg) -- Iran’s stockpile of uranium enriched near the level needed for nuclear weapons surged more than 50% in the last three months, defying mounting pressure on the Islamic Republic to curb its atomic activities.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthShelters Await Billions in Federal Money for Homelessness ProvidersNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNY

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eHealth (NASDAQ:EHTH) Beats Expectations in Strong Q4, Stock Soars
  • February 26, 2025

eHealth (NASDAQ:EHTH) Beats Expectations in Strong Q4, Stock Soars

Online health insurance comparison site eHealth (NASDAQ:EHTH) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 27.3% year on year to $315.2 million. The company expects the full year’s revenue to be around $530 million, close to analysts’ estimates. Its GAAP profit of $2.51 per share was 10.8% above analysts’ consensus estimates.

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EMCOR (NYSE:EME) Misses Q4 Sales Targets, But Stock Soars 7.7%
  • February 26, 2025

EMCOR (NYSE:EME) Misses Q4 Sales Targets, But Stock Soars 7.7%

Specialty construction contractor company EMCOR (NYSE:EME) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 9.6% year on year to $3.77 billion. On the other hand, the company’s full-year revenue guidance of $16.5 billion at the midpoint came in 4.5% above analysts’ estimates. Its GAAP profit of $6.32 per share was 9.1% above analysts’ consensus estimates.

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AerCap CEO sees no quick return to Russia if market reopens
  • February 26, 2025

AerCap CEO sees no quick return to Russia if market reopens

The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy used aircraft or engines if and when its markets reopen but that he saw no rush by Western lessors to resume renting jets. Talks aimed at achieving a ceasefire in Ukraine have raised the prospect of a gradual reopening of Russia to Western firms, though the leasing industry remains scarred by the confiscation of some 400 jets following Moscow's invasion of Ukraine in 2022. Speaking to Reuters after posting record core earnings per share, CEO Aengus Kelly stressed that any business with Russia would have to be approved by the United States and European Union, which continue to impose war-related economic sanctions.

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MGP Ingredients (NASDAQ:MGPI) Posts Better-Than-Expected Sales In Q4 But Stock Drops
  • February 26, 2025

MGP Ingredients (NASDAQ:MGPI) Posts Better-Than-Expected Sales In Q4 But Stock Drops

Food and beverage supplier MGP Ingredients (NASDAQ:MGPI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 15.9% year on year to $180.8 million. On the other hand, the company’s full-year revenue guidance of $530 million at the midpoint came in 10.6% below analysts’ estimates. Its non-GAAP profit of $1.57 per share was 4.4% above analysts’ consensus estimates.

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