Stock of the Day: US Steel surges 6% on Trump plan for metal tariffs
The top three suppliers of steel to the US are Canada, Brazil, and Mexico. China is the 10th-largest supplier of steel to the country.
The top three suppliers of steel to the US are Canada, Brazil, and Mexico. China is the 10th-largest supplier of steel to the country.
Shares of Take-Two Interactive hit record highs on Monday after the company reiterated a Fall launch for Grand Theft Auto 6.
"If it escalates into bilateral tariffs, we estimate an 8% hit to EPS assuming unitary elasticity," Bank of America analysts said.
Reddit is scheduled to report fourth-quarter earnings after the market closes Wednesday, with analysts expecting growing revenue and users.
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight. The post Project freight allows Radiant to overcome ‘pretty tough’ market appeared first on FreightWaves.
Coca-Cola is expected to post another strong quarter as it gains ground on rival PepsiCo.
Investors are weighing Trump's pledge on Sunday to introduce additional 25% tariffs on steel and aluminum from all countries.
Clinical research company Medpace Holdings (NASDAQ:MEDP) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.7% year on year to $536.6 million. On the other hand, the company’s full-year revenue guidance of $2.16 billion at the midpoint came in 3.5% below analysts’ estimates. Its GAAP profit of $3.67 per share was 24.1% above analysts’ consensus estimates.
Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7% year on year to $1.63 billion. Next quarter’s revenue guidance of $1.28 billion underwhelmed, coming in 14.1% below analysts’ estimates. Its GAAP profit of $0.43 per share was 16.2% above analysts’ consensus estimates.
Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7.9% year on year to $234.1 million. Its non-GAAP profit of $0.56 per share was 23.3% below analysts’ consensus estimates.