Workflow
Sangoma Technologies Corporation (SANG) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-02-06 00:25
Sangoma Technologies Corporation (SANG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%.Over the last four quarters, the compan ...
Temu steers users to 'local' products after Trump shuts tax loophole
CNBC· 2025-02-06 00:22
Core Insights - The revocation of the de minimis tax exemption by President Trump has prompted Temu to shift its strategy towards promoting products stored in U.S. warehouses to mitigate the impact of new tariffs [2][4]. Group 1: Impact of De Minimis Revocation - The de minimis exception, allowing duty-free import of goods valued under $800, has been crucial for e-commerce companies like Temu and Shein, enabling them to maintain low prices [2][3]. - The suspension of this exemption is part of a broader tariff strategy that includes an additional 10% tax on Chinese goods, affecting the cost structure for companies relying on low-value shipments [2][3]. Group 2: Strategic Shift by Temu - In response to the tariff changes, Temu has increased the visibility of products available from local U.S. inventory, particularly in its "Lightning deals" section, which is now predominantly featuring items with a "local" badge [4]. - This strategy not only ensures faster delivery to customers but also reduces reliance on direct shipments from China, although many local listings still indicate that the sellers are based in China [5].
Viking Therapeutics, Inc. (VKTX) Q4 2024 Earnings Conference Call Transcript
Seeking Alpha· 2025-02-06 00:21
Viking Therapeutics, Inc. (NASDAQ:VKTX) Q4 2024 Earnings Conference Call February 5, 2025 4:30 PM ET Company Participants Stephanie Diaz - IR Manager Brian Lian - CEO and President Greg Zante - CFO Conference Call Participants Ryan Deschner - Raymond James Mike Ulz - Morgan Stanley Asim Rana - Truist Securities Jay Olson - Oppenheimer Annabel Samimy - Stifel Mayank Mamtani - B. Riley Securities Biren Amin - Piper Sandler Hardik Parikh - JPMorgan Andy Hsieh - William Blair Yale Jen - Laidlaw & Company Justin ...
APA (APA) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-02-06 00:20
APA (APA) closed the most recent trading day at $22.19, moving -0.89% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.39%. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 0.2%.The oil and natural gas producer's stock has dropped by 5.37% in the past month, falling short of the Oils-Energy sector's gain of 1.79% and the S&P 500's gain of 1.7%.The investment community will be paying close attention to the earnings performance of APA in its ...
Cenovus Energy (CVE) Rises Higher Than Market: Key Facts
ZACKS· 2025-02-06 00:20
Cenovus Energy (CVE) closed the latest trading day at $15.06, indicating a +0.53% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.39%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.2%.Heading into today, shares of the oil company had lost 3.91% over the past month, lagging the Oils-Energy sector's gain of 1.79% and the S&P 500's gain of 1.7% in that time.The investment community will be paying close attention to the e ...
AeroVironment (AVAV) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-02-06 00:20
In the latest trading session, AeroVironment (AVAV) closed at $185.96, marking a -0.09% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.39%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.2%.The maker of unmanned aircrafts's shares have seen an increase of 14.16% over the last month, surpassing the Aerospace sector's gain of 2.81% and the S&P 500's gain of 1.7%.Investors will be eagerly watching for the performance of AeroVironment in ...
Dollar General (DG) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-02-06 00:20
Dollar General (DG) closed the latest trading day at $72.82, indicating a +1.42% change from the previous session's end. This change outpaced the S&P 500's 0.39% gain on the day. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the discount retailer had lost 3.2% over the past month. This has lagged the Retail-Wholesale sector's gain of 8.29% and the S&P 500's gain of 1.7% in that time.The upcoming earnings release of Dollar General will be of ...
Why Equinix (EQIX) Outpaced the Stock Market Today
ZACKS· 2025-02-06 00:20
Equinix (EQIX) ended the recent trading session at $936.50, demonstrating a +1.32% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.39%. Meanwhile, the Dow gained 0.71%, and the Nasdaq, a tech-heavy index, added 0.2%.Prior to today's trading, shares of the data center operator had lost 1.68% over the past month. This has lagged the Finance sector's gain of 4.25% and the S&P 500's gain of 1.7% in that time.Analysts and investors alike will be ke ...
Ero Copper Corp. (ERO) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-02-06 00:20
Ero Copper Corp. (ERO) closed the most recent trading day at $13.58, moving -1.88% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.39%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the company had lost 1.91% over the past month. This has lagged the Basic Materials sector's gain of 7.14% and the S&P 500's gain of 1.7% in that time.The upcoming earnings release of Ero Copper Corp. will be o ...
Dropbox (DBX) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-02-06 00:20
Dropbox (DBX) closed the latest trading day at $32.63, indicating a +0.77% change from the previous session's end. This change outpaced the S&P 500's 0.39% gain on the day. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the online file-sharing company had gained 9.47% over the past month. This has outpaced the Computer and Technology sector's gain of 0.04% and the S&P 500's gain of 1.7% in that time.The upcoming earnings release of Dropbox wi ...