Learning archive

Musk's embrace of right-wing politics risks turning off car buyers and sinking Tesla's stock
  • March 3, 2025

Musk's embrace of right-wing politics risks turning off car buyers and sinking Tesla's stock

Elon Musk's car company is required each year to report to investors all the bad things that could happen to it, and the latest version lists every imaginable threat from costly lawsuits to out-of-control battery fires to war and another epidemic. Tesla sales plunged 45% in Europe in January, according to research firm Jato Dynamics, even as overall electric vehicle sales rose. Car industry analysts say it's too early to say for sure how much damage Musk is causing to Tesla because so many other factors could explain its current troubles.

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Surgery Partners (NASDAQ:SGRY) Exceeds Q4 Expectations
  • March 3, 2025

Surgery Partners (NASDAQ:SGRY) Exceeds Q4 Expectations

Healthcare company Surgery Partners (NASDAQ:SGRY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.5% year on year to $864.4 million. The company expects the full year’s revenue to be around $3.38 billion, close to analysts’ estimates. Its non-GAAP profit of $0.44 per share was 16.7% above analysts’ consensus estimates.

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Fortrea (NASDAQ:FTRE) Misses Q4 Revenue Estimates, Stock Drops
  • March 3, 2025

Fortrea (NASDAQ:FTRE) Misses Q4 Revenue Estimates, Stock Drops

Clinical research company Fortrea Holdings (NASDAQ:FTRE) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.8% year on year to $697 million. The company’s full-year revenue guidance of $2.5 billion at the midpoint came in 8.7% below analysts’ estimates. Its non-GAAP profit of $0.18 per share was 50.7% below analysts’ consensus estimates.

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Indonesia Defers Short-Selling Amid High Stock Volatility
  • March 3, 2025

Indonesia Defers Short-Selling Amid High Stock Volatility

(Bloomberg) -- Indonesia’s financial regulator will defer short-selling of stocks by investors amid heightened volatility in the nation’s equity markets.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record DelaysThe nation

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Mainland China Investors’ Sway Over HK Stocks Grows
  • March 2, 2025

Mainland China Investors’ Sway Over HK Stocks Grows

(Bloomberg) -- Mainland Chinese investors’ support for Hong Kong stocks is growing, helping to ease their valuation discount to onshore peers and indicating the city’s shares may rise further.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Serv

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Goldman’s Kostin Warns S&P 500 Rally Faces Hurdles in Near Term
  • March 2, 2025

Goldman’s Kostin Warns S&P 500 Rally Faces Hurdles in Near Term

(Bloomberg) -- Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkNJ Transit to Deploy Customer-Service Teams After Record Delays

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3 Reasons to Avoid GLW and 1 Stock to Buy Instead
  • March 2, 2025

3 Reasons to Avoid GLW and 1 Stock to Buy Instead

Corning’s 23.7% return over the past six months has outpaced the S&P 500 by 16%, and its stock price has climbed to $50.30 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

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