• January 28, 2025

Manhattan Associates (NASDAQ:MANH) Posts Better-Than-Expected Sales In Q4 But Stock Drops 15.3%

Supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 7.4% year on year to $255.8 million. On the other hand, the company’s full-year revenue guidance of $1.07 billion at the midpoint came in 6.3% below analysts’ estimates. Its non-GAAP profit of $1.17 per share was 10.4% above analysts’ consensus estimates.

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• January 28, 2025

AI Stocks Rebounded Tuesday—But There's Some Wariness Out There About What's Next

Investors piled back into Nvidia and other U.S. AI stocks Tuesday, although recent volatility had some on Wall Street tempering their expectations.

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• January 28, 2025

Qorvo (NASDAQ:QRVO) Surprises With Q4 Sales, Stock Jumps 14.9%

Communications chips maker Qorvo (NASDAQ: QRVO) announced better-than-expected revenue in Q4 CY2024, but sales fell by 14.7% year on year to $916.3 million. Guidance for next quarter’s revenue was better than expected at $850 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.61 per share was 33.2% above analysts’ consensus estimates.

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• January 28, 2025

CrowdStrike Stock Hits Record High Following DeepSeek Cyberattack

CrowdStrike Holdings was recently the Nasdaq's best-performing stock as it and other cybersecurity companies got a boost after Chinese artificial intelligence startup DeepSeek reported a cyberattack.

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• January 28, 2025

The Nasdaq soars 400 points as Nvidia stock rebounds from the DeepSeek crash

The Nasdaq and other major indexes rebounded on Tuesday, recovering from the sharp sell-off triggered by DeepSeek’s crash, which had sent AI stocks tumbling. Nvidia, which plunged over 16% on Monday, regained more than 7% in the rebound.

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• January 28, 2025

Smithfield Foods valued at $7.7 billion in lukewarm market debut

Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other IPO candidates to tread cautiously. Despite the surge of optimism sparked by President Donald Trump's pledges for pro-business policies and corporate tax reductions, concerns about unpredictable interest rates and inflation have tempered overall economic confidence. Even tried-and-tested companies such as Smithfield, which was founded in 1936 and is profitable, may have to temper their valuation expectations, analysts have said.

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• January 28, 2025

Why Lockheed Martin (LMT) Stock Is Down Today

Shares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 8.9% in the morning session after the company reported underwhelming fourth quarter results, with revenue and earnings both falling below Wall Street's expectations. Its full-year EPS guidance also missed significantly. Notably, this quarter's EPS fell short of Wall Street's estimates because the company recorded a $1.3 billion loss in its Missiles and Fire Control (MFC) business segment. Overall, these results could have b

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• January 28, 2025

Why Polaris (PII) Stock Is Trading Lower Today

Shares of off-Road and powersports vehicle corporation Polaris (NYSE:PII) fell 8.3% in the morning session after the company reported underwhelming fourth-quarter results. Polaris exceeded analysts' revenue expectations, but it is worrisome that sales declined over 20% year-on-year. Management cited "lower volume due to planned reductions in shipments as we actively managed dealer inventory in a subdued retail environment." EBITDA also missed. Looking ahead, the company guided to meaningful decl

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• January 28, 2025

Why Transcat (TRNS) Stock Is Down Today

Shares of measurement equipment distributor Transcat (NASDAQ:TRNS) fell 23.7% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. The company noted that organic sales in the services segment were below historical trends, and customers closed some facilities while operating with reduced staffing levels, which limited the volume of incoming equipment during the December 2024 holiday

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• January 28, 2025

Why Is Royal Caribbean (RCL) Stock Soaring Today

Shares of cruise vacation company Royal Caribbean (NYSE:RCL) jumped 13.2% in the afternoon session after the company reported strong third results, with earnings exceeding analysts' expectations while revenue was in line. Looking ahead, Royal Caribbean's positive EPS guidance for the next quarter exceeded analysts' expectations. Overall, this quarter had some key positives.

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