AutoNation (AN) Q3 Earnings and Revenues Top Estimates
ZACKS· 2025-10-23 13:10
Core Viewpoint - AutoNation reported quarterly earnings of $5.01 per share, exceeding the Zacks Consensus Estimate of $4.85 per share, and showing an increase from $4.02 per share a year ago, indicating a positive earnings surprise of +3.30% [1][2] Financial Performance - The company achieved revenues of $7.04 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.63%, and up from $6.59 billion year-over-year [2] - Over the last four quarters, AutoNation has consistently exceeded consensus EPS estimates and revenue expectations [2] Stock Performance - AutoNation shares have increased approximately 27.4% since the beginning of the year, outperforming the S&P 500's gain of 13.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $5.01 on revenues of $7.11 billion, and for the current fiscal year, it is $19.72 on revenues of $27.63 billion [7] - The outlook for the automotive retail and wholesale industry is currently in the bottom 24% of Zacks industries, which may impact AutoNation's stock performance [8]
These Analysts Revise Their Forecasts On GE Vernova After Q3 Earnings
Benzinga· 2025-10-23 13:10
GE Vernova Inc. (NYSE:GEV) reported mixed third-quarter 2025 financial results on Wednesday.The company reported GAAP earnings per share of $1.64, missing the consensus estimate of $1.92, while total revenue reached $9.969 billion, exceeding the forecast of $9.158 billion."GE Vernova delivered another productive quarter with strong financial results. Our growth trajectory is accelerating and the demand environment for our equipment and services remains strong with $16 billion in backlog growth year-to-date. ...
Texas Instruments Stock To $136?
Forbes· 2025-10-23 13:10
Texas Instruments (TXN) stock has decreased by 5.6% over the last day and is presently priced at $170.71. Our machine-led multifactor analysis indicates that it may be wise to lessen exposure to TXN stock. TOPSHOT - A wafer is magnified through the lens of a microscope at the Inter-university Semiconductor Research Center at Seoul National University in Seoul on April 30, 2025. (Photo by ANTHONY WALLACE / AFP) (Photo by ANTHONY WALLACE/AFP via Getty Images)AFP via Getty ImagesOur primary concern lies with t ...
Stacy Rasgon Says Companies Like Alphabet (GOOG) Already Getting Returns on AI Investment – ‘They’re Not Idiots’
Yahoo Finance· 2025-10-23 13:09
We recently published Top 10 Trending Stocks Everyone’s Watching in Q4. Alphabet Inc. (NASDAQ:GOOG) is one of the trending stocks everyone's watching. Stacy Rasgon, Bernstein U.S. semiconductor managing director and senior analyst, was recently asked on CNBC about his thoughts on concerns of an AI bubble. The analyst said he remains on the bullish side of the AI trade and explained that companies are already starting to see returns on their investments. Rasgon gave the example of Alphabet during the discu ...
Is WazirX’s “Restart” Tomorrow Trustworthy? Nischal Shetty Looks Back At Lessons Learnt
Yahoo Finance· 2025-10-23 13:08
India’s largest crypto exchange, WazirX, is officially relaunching trading, deposits and withdrawals starting tomorrow, 24 October 2025. The exchange was halted for over a year following a massive hack, which was followed by a restructuring plan. Importantly, the exchange has promised to compensate the hack-affected creditors withing 10 business days of the relaunch. But, the relaunch is being closely watched. “Will you still trust this exchange or not?” contemplate investors on X. WazirX’s crypto collap ...
Tom Lee Says Nvidia (NVDA) Valuation Still Attractive, It’s Wrong to Believe We Are Near The End of AI Rally
Yahoo Finance· 2025-10-23 13:08
Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) is positioned as a leading player in the AI and GPU market, with significant growth potential driven by the ongoing AI infrastructure build-out and increasing demand for advanced computing solutions [1][4][5]. Company Insights - NVIDIA holds approximately 90% of the GPU market share, which is projected to grow to $3 to $4 trillion by 2030 [3]. - The company's next-generation GPU series, Rubin, is expected to launch in 2026, enhancing its competitive edge in AI computing [3]. - NVIDIA's CUDA platform has become the industry standard for AI programming, further solidifying its market position [3]. Market Dynamics - The AI market is still in the early stages of a multi-year investment cycle, indicating substantial future growth opportunities for NVIDIA [5]. - Demand for NVIDIA's next-generation Blackwell platform is strong, driven by the complexity of large language models and reasoning-based applications, which require significantly more compute power [4]. Valuation Perspective - Tom Lee from Fundstrat highlighted that NVIDIA is trading at around 27 times forward earnings, which is lower than the P/E ratios of Walmart and Costco, suggesting that the stock may still have room for growth [2].
Binance Founder CZ Says Tokenized Gold Isn’t Truly ‘On-Chain’ — And It’s Stirring Debate
Yahoo Finance· 2025-10-23 13:06
A heated debate has emerged in the crypto community after Binance founder Changpeng “CZ” Zhao claimed that tokenized gold, despite its rising popularity, isn’t truly “on-chain.” His remarks came in response to gold advocate and longtime Bitcoin critic Peter Schiff, who recently announced plans to launch a blockchain-based tokenized gold platform. Gold’s rally in traditional markets has further fueled the conversation; the metal’s recent renewed market activity has drawn renewed attention to its tokenized ...
Rivian to lay off more than 600 workers amid EV pullback, WSJ reports
Reuters· 2025-10-23 13:06
Core Insights - Electric-vehicle maker Rivian Automotive is planning to lay off more than 600 employees, as reported by the Wall Street Journal, citing sources familiar with the matter [1] Company Summary - Rivian Automotive is facing significant workforce reductions, indicating potential challenges in its operational strategy and market conditions [1]
Enterprises Rapidly Adopt Oracle Payments, Powered by Adyen, to offer Seamless Customer Experiences
Prnewswire· 2025-10-23 13:06
Accessibility StatementSkip Navigation From the field to the front desk, Oracle Payments delivers a connected, cohesive embedded payments platform for restaurant, sports & entertainment, hospitality, and healthcare organizations "Oracle has built one of the most comprehensive and trusted technology suites in the enterprise space, powering everything from operations to customer engagement," said Henmo Bosscher, senior vice president, global head of platforms and financial services, Adyen. "Through our partne ...
Blackstone Inc. (BX) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2025-10-23 13:05
Blackstone Inc. (BX) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +25.62%. A quarter ago, it was expected that this investment manager would post earnings of $1.11 per share when it actually produced earnings of $1.21, delivering a surprise of +9.01%.Over the last four quarters, th ...