Alphabet's Big Bet: Why $32 Billion for Wiz is Genius
ZACKS· 2025-04-23 16:05
Alphabet ((GOOGL) just made its largest acquisition ever with the $32 billion bid for Wiz, an Israeli tech company focused on cloud security.Typically, Google has liked to build new technologies and platforms in-house, especially via their secretive "Skunkworks" R&D lab.So why did they spend more than all 20 previous acquisitions combined? What do they see in cloud security and how big will the synergies and payoffs be as they compete with market leaders AWS and Azure?Preparing for a New Threat AtmosphereSu ...
Extra Space Storage to Post Q1 Earnings: What Awaits the Stock?
ZACKS· 2025-04-23 16:05
Extra Space Storage (EXR) , a leading self-storage real estate investment trust (REIT) in the United States, is set to release its first-quarter 2025 results on April 29, after market close. The company’s quarterly results are likely to display a year-over-year rise in revenues and funds from operations (FFO) per share.In the last reported quarter, this Salt Lake City, UT-based REIT delivered a surprise of 0.50% in terms of core FFO per share. The results reflected higher revenues due to growth in occupancy ...
Why Tesla Stock Shot Higher After Elon Musk's Comments
The Motley Fool· 2025-04-23 16:04
Not many people expected an earnings beat from Tesla's (TSLA 5.93%) first-quarter report last night. The results were even worse than anticipated in many respects. Yet Tesla stock soared Wednesday morning. As of noon, the stock was trading higher by 6.7%.The source of investor optimism was in the company's earnings call to discuss the results. Some think the worst may now be over for the stock after shares have plunged almost 50% off the highs reached late last year.Elon Musk to spend more time on TeslaThe ...
Scott+Scott Attorneys at Law LLP Reminds Investors That It Has Begun Investigating Ibotta, Inc. (NYSE: IBTA)
GlobeNewswire News Room· 2025-04-23 16:03
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Ibotta is a technology comp ...
Old Dominion's Q1 Earnings & Revenues Beat Estimates, Decrease Y/Y
ZACKS· 2025-04-23 16:00
Old Dominion Freight Line’s (ODFL) first-quarter 2025 earnings per share of $1.19 beat the Zacks Consensus Estimate by 3.5% but dropped 11.2% year over year. Revenues of $1.37 billion topped the Zacks Consensus Estimate by 0.5% but decreased 5.8% year over year. A 6.3% decline in less-than-truckload (LTL) tons per day hurt results.Revenues from LTL services came in at $1.36 billion, down 5.9% year over year. Revenues from LTL services were in line with our estimates. Revenues from other services rose 5.1% y ...
Alphabet to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-04-23 16:00
Alphabet’s (GOOGL) first-quarter 2025 results, scheduled to be released on April 24, are expected to benefit from solid momentum in search and cloud businesses. Alphabet’s initiatives to deploy artificial intelligence (AI) and infuse AI in search are noteworthy. Circle to Search is driving additional search and is gaining popularity among young users. This is expected to have driven advertising growth in the to-be-reported quarter.The Zacks Consensus Estimate for advertising revenues is currently pegged at ...
Under Armour Strengthens Brand Value With Innovation & Customer Focus
ZACKS· 2025-04-23 16:00
Under Armour, Inc.’s (UAA) strategic transformation across its direct-to-consumer (DTC) model, product innovation and global expansion are driving meaningful progress toward sustainable growth and profitability. By prioritizing premium positioning, enhancing customer loyalty and leveraging data-driven retail experiences, the brand is deepening consumer engagement and strengthening its market presence. Coupled with disciplined cost management and improved margin performance, Under Armour’s upbeat fiscal 2025 ...
Weyerhaeuser to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-04-23 16:00
Weyerhaeuser Company (WY) is slated to report first-quarter 2025 results on April 24, after the closing bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 57.1% but net sales missed the same by 2.1%. Quarterly adjusted earnings and net sales for the quarter decreased 31.3% and 3.7%, respectively.Weyerhaeuser’s earnings beat the consensus mark in three of the last four quarters and missed on one occasion, with the average surprise being 52.3%.How Are Estimates Plac ...
General Dynamics' Q1 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-04-23 16:00
General Dynamics Corporation (GD) reported first-quarter 2025 earnings per share (EPS) of $3.66, which beat the Zacks Consensus Estimate of $3.47 by 5.5%. The bottom line also increased 27.1% from $2.88 recorded in the year-ago quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The year-over-year bottom-line appreciation can be attributed to revenue growth as well as an improvement in operating earnings.Total Revenues of GDRevenues of $12.22 billion beat the Zacks Consensus Es ...
BXP Gears Up to Report Q1 Earnings: Key Factors to Consider
ZACKS· 2025-04-23 16:00
BXP, Inc. (BXP) is slated to report first-quarter 2025 results on April 29, after market close. While the company’s quarterly results are likely to display a year-over-year rise in revenues, funds from operations (FFO) per share are expected to decline.In the last reported quarter, this office real-estate investment trust (REIT) met the Zacks Consensus Estimate in terms of FFO per share. The quarterly results reflected better-than-anticipated revenues on healthy leasing activity. However, higher interest ex ...