An estimates-beating set of preliminary financial numbers and two bullish analyst updates weren't enough to lift Madrigal Pharmaceuticals (MDGL -0.59%) stock out of the doldrums over the past few trading days. Investor expectations are clearly very high, as the company's share price had withered by nearly 20% week to date as of Friday before market open, according to data compiled by S&P Global Market Intelligence.Preliminary numbers revealedMadrigal unveiled those figures Monday morning. The company said t ...

Shares of WaFd, Inc. (WAFD) lost 3.4% in after-hours trading in response to lower-than-expected first-quarter fiscal 2025 (ended Dec. 31) results. Adjusted earnings of 62 cents per share lagged the Zacks Consensus Estimate of 69 cents. Also, the bottom line declined 26.2% year over year. See the Zacks Earnings Calendar to stay ahead of market-making news. Results were adversely impacted by a rise in non-interest expenses. However, higher net interest income (NII) and non-interest income (driven by the acqui ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

Truist Financial Corporation (TFC) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.60%. A quarter ago, it was expected that this company would post earnings of $0.89 per share when it actually produced earnings of $0.97, delivering a surprise of 8.99%.Over the last four quarters, th ...

Regions Financial (RF) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.27%. A quarter ago, it was expected that this holding company for Regions Bank would post earnings of $0.53 per share when it actually produced earnings of $0.57, delivering a surprise of 7.55%.Over the last four ...

An investor who purchased Robinhood Markets (HOOD 1.14%) stock at the beginning of the week would have been notably richer toward the end of it.Shares of the next-generation financial services company were popular following a settlement deal with a regulator, not to mention several glowing analyst notes on its business. According to data compiled by S&P Global Market Intelligence, Robinhood stock was up 15% week to date as of early Friday morning.One settlement and two analyst boostsOf those pieces of news, ...

The market is coming off two superb years, 2023 and 2024, when the S&P 500 climbed over 53% in total, mainly thanks to tech and artificial intelligence (AI) stocks. While 2025 has started off with some turbulence, many strategists still think the market will once again move higher this year and that the tech and AI rally still has legs.Larger AI stocks, like those in the "Magnificent Seven," carried the market in 2025, but there are many compelling and smaller AI names with bright futures. Two in the electr ...

The Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off the second phase of a landmark process that aims to make costly medications more affordable for seniors. Topping the list are Novo Nordisk's blockbuster diabetes injection Ozempic, weight loss shot Wegovy and diabetes pill Rybelsus, which are considered one product in the talks since they all share the same active ingredient: semaglutide. Those ...

Company Performance - Alaska Airlines has shown a strong return to profitability post-COVID, with a focus on improving winter profitability [1] - The company experienced a significant milestone on September 18, 2024, marking a key achievement in its recovery [1] Industry Context - The airline industry continues to recover from the impacts of the COVID-19 pandemic, with companies like Alaska Airlines leading the way in profitability improvements [1] Analyst Perspective - The analysis provided is based on the author's independent research and opinions, without any financial interest in the mentioned companies [1]

Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball's Spring Training, retirement appeal and scorching heat. But its growth into an innovation hub has been quietly playing out over several decades. Arizona's largest city has, for a variety of reasons, become the epicenter for semiconductor manufacturing, and testing self-driving cars and drones."If we look at cities that really do end up becoming these, you know ...