Household products company Reynolds (NASDAQ:REYN) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 1.8% year on year to $818 million. The company expects next quarter’s revenue to be around $897.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.23 per share was in line with analysts’ consensus estimates.
Coconut water company The Vita Coco Company (NASDAQ:COCO) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 17.2% year on year to $130.9 million. On the other hand, the company’s full-year revenue guidance of $562.5 million at the midpoint came in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.27 per share was 26.2% above analysts’ consensus estimates.
GLOBUS MEDICAL (NYSE:GMED) offers strong growth potential at a reasonable valuation, backed by solid financial health. A closer look at its fundamentals suggests it could be a compelling pick for growth-oriented investors.
Major cryptocurrencies are slightly up on early Wednesday morning, with Bitcoin holding steady and altcoins like Ethereum, XRP, Dogecoin and Solana pushing higher.
Asia's main stock index increased, driven by the technology sector, as investors anticipated earnings reports from major Chinese tech companies this week.
Federal regulators are pressing Tesla Inc. for details on how its driverless taxis will operate safely in challenging conditions as the electric vehicle maker prepares for a pivotal robotaxi launch in Austin next month.
Saudi Arabia launched Humain, a state-owned AI company led by Crown Prince Mohammed bin Salman with former Aramco Digital CEO Tareq Amin as CEO, coinciding with Trump's Middle East tour and a $600 billion investment commitment from Saudi Arabia to the US.
Application performance monitoring software provider Dynatrace (NYSE:DT) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 16.9% year on year to $445.2 million. On top of that, next quarter’s revenue guidance ($467.5 million at the midpoint) was surprisingly good and 3% above what analysts were expecting. Its non-GAAP profit of $0.33 per share was 9.1% above analysts’ consensus estimates.
Eyecare company Bausch + Lomb (NYSE:BLCO) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 3.5% year on year to $1.14 billion. On the other hand, the company’s full-year revenue guidance of $5.05 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP loss of $0.07 per share was significantly below analysts’ consensus estimates.
Major brokerages have reduced U.S. recession odds after tariff pause between U.S. and China. Goldman Sachs predicts 1% GDP growth and 3 Fed rate cuts. China holds firm against coercion.
Non-Executive Director, Bill Ackman, has stepped down from the Board of Directors of Universal Music Group N.V. (OTC: UMGNF). The decision comes in light of new executive and board obligations that Ackman has undertaken.
YELP INC (NYSE:YELP) shows strong earnings growth, solid financial health, and reasonable valuation, making it a candidate for GARP investors following Peter Lynch's strategy.
HIMS & HERS HEALTH (NYSE:HIMS) meets Minervini’s Trend Template with strong technicals and explosive earnings growth, making it a high-growth momentum candidate.
Beauty and waxing service franchise European Wax Center (NASDAQ:EWCZ) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $51.43 million. The company expects the full year’s revenue to be around $212 million, close to analysts’ estimates. Its GAAP profit of $0.04 per share was $0.02 above analysts’ consensus estimates.
CAL-MAINE FOODS INC (NASDAQ:CALM) offers strong profitability, financial health, and an attractive valuation, making it a potential pick for value investors. The stock also provides a high dividend yield.
Solana (CRYPTO: SOL) fell somewhat in the early hours of Wednesday, but not before reaching a nearly three-month high. What happened: The fifth-largest cryptocurrency by market capitalization soared to $184.72, the highest it has been since Feb. 18, before easing to around $180.
The company said all future 787 deliveries will have United Polaris Studio suites and elevated interiors, and the airline expects about 30 of these planes to join its fleet by 2027.
President Donald Trump defended Qatar's offer of a Boeing Co. 747-8 jumbo jet valued at $400 million, dismissing critics and declaring that "only a FOOL would not accept this gift on behalf of our Country."
