Workflow
Gitlab (GTLB) Moves 12.3% Higher: Will This Strength Last?
ZACKS· 2025-01-29 16:30
GitLab Inc. (GTLB) shares soared 12.3% in the last trading session to close at $72.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14.7% gain over the past four weeks.GTLB’s is benefiting from its expanding clientele and solid adoption of its AI-powered DevSecOps platform.This company is expected to post quarterly earnings of $0.23 per share in its upcoming report, which represents a year-over-year change of +53.3%. Revenues ...
Progressive (PGR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-01-29 16:30
For the quarter ended December 2024, Progressive (PGR) reported revenue of $20.33 billion, up 22.6% over the same period last year. EPS came in at $4.08, compared to $2.96 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $19.82 billion, representing a surprise of +2.55%. The company delivered an EPS surprise of +18.95%, with the consensus EPS estimate being $3.43.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...
AMD: Make Or Break Moment Fast Approaching Amid DeepSeek Selloff
Seeking Alpha· 2025-01-29 16:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
KLA Corporation: Profiting From AI Hype, But Also Expensive
Seeking Alpha· 2025-01-29 16:29
When looking for new companies and trying to identify companies with a wide economic moat and long-lasting competitive advantage, we can start by looking at some key metrics. For example, the outperformance of a stock versus the broader index or stableMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regard ...
Ascendis-Novo Weight Loss Deal Highlights Technology Platform, Signals Growth Potential (Rating Upgrade)
Seeking Alpha· 2025-01-29 16:25
I’m a stock analyst with an MBA and a background in healthcare, bringing years of experience as a Registered Nurse dedicated to patient care. I've had the privilege of sharing my insights on Seeking Alpha since 2017. I am most interested in identifying underlying assumptions in stock valuations by emphasizing financial modeling techniques like DCF analysis. I then provide scenario-based forecasts to help readers gauge reasonable outcomes. I am influenced by books like Superforecasting and Antifragile. As su ...
SoFi Technologies Stock Gains 121% in 6 Months: Buy, Hold, or Sell?
ZACKS· 2025-01-29 16:25
Shares of SoFi Technologies, Inc. (SOFI) have surged 121% in the past six months. This rise is significant, especially compared to the 13% rise in its industry.Image Source: Zacks Investment ResearchGiven this remarkable upsurge, you may wonder if the current level still offers a buying opportunity. Let’s find out.Rate Cuts, Policy Shifts Drive SOFI's SurgeThe Federal Reserve's recent rate cuts have significantly boosted SOFI by alleviating pressure on its lending business. Lower interest rates reduce borro ...
ExxonMobil Launches Natural Gas Exploration Project Offshore Cyprus
ZACKS· 2025-01-29 16:25
Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, has begun exploratory drilling offshore Cyprus in partnership with QatarEnergy to tap into the potential natural gas reserves in the region. ExxonMobil had previously announced that its drilling operations would include the Electra and Pegasus prospects. The president of Cyprus mentioned that drilling had commenced at the Electra prospect last week.East Mediterranean Gas Reserves Yield Promising ResultsThe Eastern Mediterranean region has drawn sig ...
How to Play Crown Castle Stock Following 15.8% Decline in 3 Months?
ZACKS· 2025-01-29 16:25
Crown Castle Inc. (CCI) has grabbed headlines in recent months. According to market sources, the buyout firm TPG is said to be in advanced talks about buying the fiber unit of the tower operator for about $8 billion. While this was revealed in December, any further development on this front is yet to come up. Also, CCI has not yet released its full-quarter and full-year 2024 earnings.This REIT, which specializes in owning and leasing communication infrastructure across the United States, has been luring its ...
CS Disco (LAW) Soars 9.3%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-29 16:25
CS Disco (LAW) shares soared 9.3% in the last trading session to close at $5.43. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% loss over the past four weeks.CS Disco is benefiting from strong customer engagement, strategic leadership hires, and enhanced product offerings, particularly in eDiscovery and AI capabilities.This legal technology company is expected to post quarterly loss of $0.11 per share in its upcoming report ...
Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise
ZACKS· 2025-01-29 16:25
Vale S.A. (VALE) reported iron ore production of around 85 million tons (Mt) for the fourth quarter of 2024, which was 4.6% lower than the year-ago quarter, reflecting a shift toward higher-margin products.However, VALE’s iron ore production for 2024 reached 328 Mt, in line with its latest provided guidance. Compared with 2023, iron production was up 2% and was the highest since 2018.Digging Deeper Into Vale’s Iron Ore Production NumbersThe decline in iron ore production seen in the quarter mainly reflected ...