Cadence’s (NASDAQ:CDNS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops
  • February 18, 2025

Cadence’s (NASDAQ:CDNS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops

Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 26.9% year on year to $1.36 billion. On the other hand, the company’s full-year revenue guidance of $5.18 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $1.88 per share was 3.2% above analysts’ consensus estimates.

Ex-Nomura Strategist Says Analysts Can’t Forecast Japan Stocks
  • February 18, 2025

Ex-Nomura Strategist Says Analysts Can’t Forecast Japan Stocks

(Bloomberg) -- Analysts’ forecasts for Japanese stocks show little correlation with their actual performance, according to an analysis of 20 years of data from a former chief strategist at Nomura Holdings Inc. who now teaches at a university in Tokyo.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surre

Why Is Constellation Brands (STZ) Stock Rocketing Higher Today
  • February 18, 2025

Why Is Constellation Brands (STZ) Stock Rocketing Higher Today

Shares of beer, wine, and spirits company Constellation Brands (NYSE:STZ) jumped 8.7% in the pre-market session after Warren Buffett's Berkshire Hathaway revealed a position in the company (STZ) worth roughly $1.2 billion in the fourth quarter of 2024. Given Buffett's reputation for identifying quality opportunities in the stock market, the market is likely to read the information positively for the company's prospects in the near term.

Why Walgreens (WBA) Stock Is Trading Up Today
  • February 18, 2025

Why Walgreens (WBA) Stock Is Trading Up Today

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 13.5% in the morning session after CNBC's David Faber said that a potential deal between the company (Walgreens) and private equity firm Sycamore Partners "was showing signs of life." The stock's reaction is lifting investors' optimism as markets continue to digest the long-term implications of its recent dividend suspension (first time in over 90 years) and lawsuit with the Department of Justice.

Why Moderna (MRNA) Stock Is Up Today
  • February 18, 2025

Why Moderna (MRNA) Stock Is Up Today

Shares of biotechnology company Moderna (NASDAQ:MRNA) jumped 11.8% in the morning session after it continued to build on the 3% gain from Friday when it reported fourth-quarter 2024 financial results. Despite this, Barclays seems to be exercising caution, downgrading the stock to equal weight from overweight earlier in the morning. The firm cited "policy risks, fewer clinical catalysts, and broader economic uncertainties that could limit its upside.".

Why Conagra (CAG) Stock Is Down Today
  • February 18, 2025

Why Conagra (CAG) Stock Is Down Today

Shares of packaged foods company Conagra Brands (NYSE:CAG) fell 7.7% in the morning session after the company reported underwhelming preliminary full-year 2025 guidance and expects sales and profits to be below its previous forecast. Precisely, the company expects full-year earnings of about $2.35 (vs. previous guidance of $2.45 to $2.50 per share). Organic sales are also expected to decline by 2% year on year (vs previous guidance of a decline between 1.5% and flat growth).

BoE's Bailey hopes for less bond market volatility driven by US tariffs
  • February 18, 2025

BoE's Bailey hopes for less bond market volatility driven by US tariffs

British government borrowing costs surged and then eased in January as investors tried to price global inflation risks in the light of Trump's plan for tariffs on trade partners. "It is what's coming out of Washington on tariffs that is moving that term premium around, day by day and hour by hour," Bailey said, referring to the extra interest investors demand for holding longer-dated debt.