Why Texas Instruments (TXN) Stock Is Falling Today
  • January 24, 2025

Why Texas Instruments (TXN) Stock Is Falling Today

Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell 5.9% in the morning session after the company reported underwhelming fourth-quarter results, with earnings guidance for the next quarter falling short of Wall Street's expectations. Adding to the negative was the fact that inventory levels increased, contributing to weaknesses in Japan and Europe, especially in the auto, and industrial markets. These weaknesses were partly offset by continued strength in China's auto and smar

Why 3D Systems (DDD) Stock Is Up Today
  • January 24, 2025

Why 3D Systems (DDD) Stock Is Up Today

Shares of 3D printing company 3D Systems (NYSE:DDD) jumped 23% in the morning session after the company announced a deal with Daimler Trucks and Buses to improve the production of spare parts using additive manufacturing. Through this partnership, Daimler will use 3D Systems' expertise in additive manufacturing to produce hard-to-find components like fuse box covers. These parts often face sourcing delays during vehicle production, causing bottlenecks in the supply chain.

Covenant Logistics (CVLG) Stock Trades Down, Here Is Why
  • January 24, 2025

Covenant Logistics (CVLG) Stock Trades Down, Here Is Why

Shares of freight and logistics provider Covenant Logistics (NASDAQ:CVLG) fell 7.6% in the morning session after the company reported weak fourth quarter results. Its revenue missed significantly, and its Freight revenue fell short of Wall Street's estimates. The company's CEO called out a "challenging general freight environment" and added that in the Dedicated segment, "profitability fell short of our expectations due to greater-than-anticipated temporary customer shutdowns and volume reductio

Wall Street Enters Darker Age With Most Stock Trading Hidden
  • January 24, 2025

Wall Street Enters Darker Age With Most Stock Trading Hidden

(Bloomberg) -- Here’s a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it isn’t public anymore.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30For the first time o

S&P 500, Nasdaq flat as investors assess economic data; Boeing slips
  • January 24, 2025

S&P 500, Nasdaq flat as investors assess economic data; Boeing slips

The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data to gauge the health of the economy, while Boeing dipped after issuing a quarterly profit warning. A S&P Global survey showed that business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported higher hiring, supporting the Federal Reserve's cautious approach to monetary policy this year. At 10:16 a.m. ET, the Dow Jones Industrial Average fell 101.48 points, or 0.24%, to 44,459.53, the S&P 500 lost 3.62 points, or 0.06%, to 6,115.09 and the Nasdaq Composite lost 17.56 points, or 0.09%, to 20,034.29.