Stock Market News

Foxconn’s February Earnings Surge 56.43% YoY, First Two Months Up 25%

Key moments Foxconn reported a 56.43% YoY increase in February revenue, marking a historical high for the period. The Taiwanese company’s revenue for the first two months of 2025 showed a 24.63% spike compared to the same period a year earlier. Foxconn anticipates its Q1 2025 performance to align with market expectations and exceed the […] Read more

Auto Shares Rally During Pre-Market Hours as Trump Administration Considers Tariff Relief

Key moments The Trump administration is considering tariff relief for auto imports from Canada and Mexico that comply with the USMCA trade agreement. Shares of major automakers like Ford, General Motors, Toyota, and Stellantis experienced notable increases in pre-market trading due to the potential tariff exemptions. The proposed tariff relief is contingent on automakers demonstrating […] Read more

REV Group Exceeds Projections with $525.1 Million in Revenue, Stock Climbs 11.6% to $30.45

Key moments REV Group reported revenue of $525.1 million in Q4, surpassing analyst projections by 6.5%, despite a 10.4% YoY decrease. Adjusted earnings per share (EPS) reached $0.40, exceeding the analyst estimates of $0.27 by 50.9%. Following the revenue release, REV Group’s stock experienced an 11.6% increase, reaching $30.45 immediately after. Revenue Beat Caused REV […] Read more

German Debt Brake Update Drives DAX Surge, Futures Climb 465 Points

Key moments A 3.54% decrease in the DAX occurred on March 4th, driven by US tariff announcements and a subsequent rush to safe-haven investments. To spur economic growth and enhance defense capabilities, Germany is adjusting its fiscal policy by introducing a €500 billion infrastructure fund. DAX futures surge by 465 points following the German fiscal […] Read more

Viant Technology Reports Strong Q4, Stock Still Dips 28.51% to $14.12

Key moments Viant Technology’s revenue for Q4 reached $90.1 million, showcasing impressive double-digit growth. The company’s earnings per share were $0.15, exceeding analysts’ predictions of $0.14. Despite the positive financial results, Viant’s stock suffered a dramatic decrease, falling 28.51% to $14.12. Viant Reported 40% Revenue Growth to $90.1 Million in Q4 Viant Technology Inc. announced […] Read more

SoFi Shares Down 8.5% Despite Oppenheimer’s Increased Stake

Key moments SoFi Technologies’ share price dropped 8.5% on Tuesday, with trading volume also decreasing. While Cathie Wood’s ARK ETFs reduced their SoFi holdings, other institutional investors, such as Oppenheimer & Co. Inc., significantly increased their stakes. Several hedge funds and investment firms increased or initiated positions in SoFi Technologies, highlighting ongoing institutional interest in […] Read more

Novo Nordisk Stock Plummets Almost 40% Since June Peak

Key moments Novo Nordisk stock drops approximately 40% from its June 2024 peak. The US FDA confirms sufficient production of Ozempic and Wegovy, ending shortage concerns. Competition from Eli Lilly’s tirzepatide intensifies, impacting Novo Nordisk’s market share. Market Adjusts After Period of Explosive Growth, Competition Intensifies Novo Nordisk, a pharmaceutical company known for its GLP-1 […] Read more

Asian Stock Markets on the Rise, Hang Seng Up 1.65% to 23,320 on China’s Growth Target

Key moments The Hang Seng Index in Hong Kong experienced a significant increase, advancing by 1.65% to close at 23,320 points. The Shanghai Stock Exchange Composite Index showed moderate growth, increasing by 0.3%. CK Hutchison’s shares saw a dramatic surge, jumping over 21% to HK$46.85. Stock Prices Surge Across Asian Markets Hong Kong’s Hang Seng […] Read more

CrowdStrike Shares Fell Nearly 9% In After-Hours Trading On Weak Earnings Guidance

Key moments CrowdStrike’s full-year earnings forecast fell significantly short of analyst expectations, leading to a sharp decline in the company’s stock price. CrowdStrike surpasses revenue and annual recurring revenue (ARR) estimates but net loss and lower-than-expected earnings create a mixed picture for investors. The company emphasized its focus on AI-driven cybersecurity solutions, while also navigating […] Read more

Target’s Share Price Drops 3% to $117.14 After Q4 Report

Key moments Despite Target’s Q4 financial results exceeding analyst predictions in both earnings per share and revenue, the company’s stock value experienced a 3% drop, closing at $117.14. The market’s negative reaction was primarily driven by apprehensions over potential price increases stemming from tariffs levied on imports from Mexico and Canada, as well as general […] Read more