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Tesla to report fourth-quarter earnings amid declining car delivery numbers
The Guardian· 2025-01-29 19:58
Tesla will report earnings for the fourth quarter of 2024 on Wednesday after US stock markets close, capping a bruising year for the company’s sales but a stellar one for its stock price.Wall Street analysts predict the company’s earnings-per-share will come in at $0.62 and revenue will be $27.22bn.Elon Musk’s electric carmaker has struggled in recent years to compete with cheaper alternatives to its electric vehicles from competitors such as China’s BYD, which overtook Tesla in the last quarter of 2023 to ...
Valero: Low Crack Spreads Offset Shareholder-Friendly Moves
Seeking Alpha· 2025-01-29 19:58
Oil prices have popped and dropped so far this year. The prompt month (the February contract) of WTI crude oil encroached on $80 per barrel earlier in January, amid decent economic growth numbers out of China and continued strength in the US economy, but record-highFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient ...
Why Datadog Stock Is Sinking Today
The Motley Fool· 2025-01-29 19:40
Datadog (DDOG -4.22%) stock is losing ground in Wednesday's trading. The company's share price was down 4.9% as of 2:30 p.m. ET. At the same point in the day's trading, the S&P 500 index was down 0.9%, and the Nasdaq Composite index had declined 1.2%.After the market closed yesterday, Stifel published new coverage on Datadog. The firm downgraded its rating on the stock from buy to hold and cut its one-year price target from $165 per share to $140 per share. As of this writing, Stifel's new target implies do ...
Nebius: DeepSeek Selloff Uncovers AI Buy Of The Decade
Seeking Alpha· 2025-01-29 19:39
Core View - The DeepSeek sell-off is considered a golden buying opportunity, with Nebius Group N V (NASDAQ: NBIS) highlighted as a top stock in the AI space [1] - This investment is characterized as high-risk/high-reward, suitable for portfolios targeting significant returns [1] Investment Opportunity - Nebius Group N V is positioned as the best stock to buy in the AI sector currently [1] - The opportunity aligns with strategies focused on high return potential, such as the YOLO portfolio [1] Additional Benefits - Subscribers to the Pragmatic Investor gain access to a weekly Macro newsletter [1] - Access to specialized portfolios like the End of The World and YOLO portfolios is provided [1] - Trade ideas and weekly video content are also included for subscribers [1]
Why Alibaba Stock Is Surging Today
The Motley Fool· 2025-01-29 19:38
Shares of Alibaba Group Holding (BABA 1.74%) were flying higher on Wednesday. The company's stock gained 1.9% as of 1:50 p.m. ET, but rose as much as 5.5% earlier in the day. The move up comes as the S&P 500 (^GSPC -0.71%)and Nasdaq Composite (^IXIC -0.99%) lost 0.6% and 0.9%, respectively.Just days after the market punished AI stocks upon the release of the Chinese artificial intelligence chatbot DeepSeek, Alibaba released the latest version of its Qwen AI model.DeepSeek makes a splashNews of DeepSeek shoc ...
Tech Stock Due For Short-Term Rebound
Forbes· 2025-01-29 19:27
Stock Performance - Hewlett Packard Enterprise (HPE) shares dropped 12.3% from Monday through Tuesday amid the global tech selloff [1] - HPE shares are up 2.5% today, trading at $21.99 [1] - HPE hit a record high of $24.66 on Jan 22 before this week's pullback [3] - HPE sports a 39% year-over-year lead [3] Technical Analysis - HPE is testing its 126-day moving average, a historically bullish trendline [1] - HPE has traded down to this trendline five times in the last three years after significant periods above it [2] - In the past, when HPE met these conditions, the stock was higher one month later 80% of the time with an average 6.7% gain [2] Options Market Activity - Puts have been more popular than usual in the options pits for HPE [3] - The stock's 50-day put/call volume ratio ranks higher than 96% of readings from the past year [3] - An unwinding of this pessimism could provide tailwinds for the stock [3]
Why Teva Pharmaceutical Stock Is Sinking Today
The Motley Fool· 2025-01-29 19:26
Stock Performance - Shares of Teva Pharmaceutical Industries lost 13.5% as of 1:15 p.m. ET, underperforming the S&P 500 and Nasdaq Composite, which lost 0.5% and 0.9%, respectively [1] Financial Results - Teva reported Q4 sales of $4.2 billion and fiscal year 2024 sales of $16.5 billion, up from 2023's revenue of $15.9 billion, slightly exceeding expectations [2] - Q4 EPS was $0.71, down significantly from Q4 2023's $1.00 but slightly exceeding the expected $0.70 [2] Guidance and Investor Sentiment - The company's 2025 EPS forecast disappointed investors, with the high end of the range ($2.65) coming in below the expected $2.76 [3] Strategic Initiatives - Teva is implementing its "Pivot to Growth strategy," focusing on cost reduction through reorganization, generics, and R&D pipeline success, though the latter has no guarantees or clear timeline [4] - The company has key drugs in later stages of trials, including treatments for ulcerative colitis and Crohn's disease, which show promise but require significant effort [5]
Mueller Industries Earnings Preview: Outstanding Performance, Muddied By Uncertainty
Seeking Alpha· 2025-01-29 19:26
Earnings Announcement - Mueller Industries Inc (NYSE: MLI) is scheduled to report Q4 and full-year 2024 results on February 4th before the market opens [1] Analyst Background - The analyst holds a Master of Science in Finance and focuses on long-term investments with a 5-10 year horizon [1] - The analyst prefers a portfolio mix of growth, value, and dividend-paying stocks, with a particular emphasis on value stocks [1] - The analyst occasionally engages in selling options as part of their investment strategy [1] Disclosure Information - The analyst has no stock, option, or derivative positions in the mentioned companies and no plans to initiate any within the next 72 hours [2] - The article represents the analyst's personal opinions and is not influenced by any compensation or business relationships with the mentioned companies [2]
PETTINGELL PROFESSIONALS NAMED COLDWELL BANKER REALTY'S NO. 1 DUO IN THE NATION
Prnewswire· 2025-01-29 19:24
SARASOTA, Fla., Jan. 29, 2025 /PRNewswire/ -- Coldwell Banker Realty is proud to announce Roger Pettingell and his team, Pettingell Professionals, achieved more than $221 million in closed sales volume in 2024. This earned the team the No. 1 Duo by sales volume for all of Coldwell Banker Real Estate.Pettingell Professionals is comprised of Founder Roger Pettingell, Director of Sales Thomas Arbuckle, Director of Marketing Saleemah Stanley, Director of Operations Lola Diaz and Project Manager Scott Shields.  ...
What's In The Cards For Walmart This Earnings Season?
Benzinga· 2025-01-29 19:22
Goldman Sachs analyst Kate McShane reiterated the Buy rating on Walmart Inc. WMT with a price forecast of $101.The retail behemoth is expected to report its fourth-quarter earnings on February 20th and conduct its investment community meeting on April 8th and 9th.McShane views the company’s April 2025 investment community meeting as a potential catalyst for stock growth, as it will outline capital investments and long-term business strategies.Per the analyst, Walmart holds strength to continue driving solid ...