Fiverr’s (NYSE:FVRR) Q4 Sales Beat Estimates, Stock Soars
  • February 18, 2025

Fiverr’s (NYSE:FVRR) Q4 Sales Beat Estimates, Stock Soars

Online freelance marketplace Fiverr (NYSE:FVRR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 13.3% year on year to $103.7 million. On top of that, next quarter’s revenue guidance ($106 million at the midpoint) was surprisingly good and 3.6% above what analysts were expecting. Its non-GAAP profit of $0.64 per share was 5.8% below analysts’ consensus estimates.

Wix (NASDAQ:WIX) Posts Q4 Sales In Line With Estimates, Outlook For Next Year Is Optimistic
  • February 18, 2025

Wix (NASDAQ:WIX) Posts Q4 Sales In Line With Estimates, Outlook For Next Year Is Optimistic

Website design and e-commerce platform provider Wix.com (NASDAQ:WIX) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 14% year on year to $460.5 million. On the other hand, next quarter’s revenue guidance of $471 million was less impressive, coming in 1.9% below analysts’ estimates. Its non-GAAP profit of $1.93 per share was 20% above analysts’ consensus estimates.

Hong Kong Stock Rally Triggers Cash Squeeze Among Banks
  • February 18, 2025

Hong Kong Stock Rally Triggers Cash Squeeze Among Banks

(Bloomberg) -- Surging demand for Hong Kong equities sapped interbank liquidity in the city, prompting local banks to borrow the largest amount of overnight cash from authorities in more than five years on Tuesday.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration Enfor

Morning Bid: Markets becoming numb to tariff vows
  • February 18, 2025

Morning Bid: Markets becoming numb to tariff vows

U.S. President Donald Trump said sectoral tariffs on pharmaceuticals and semiconductor chips would start at "25% or higher, and it will go very substantially higher over the course of a year." Trump, the self-declared "tariff man," had been telegraphing his intentions of imposing tariffs for months, so some of the news may have been priced in.