February 28, 2025 2:41 pm
Key moments Amazon’s stock experienced a 12% drop in value over the past month. The highly anticipated Alexa+ AI update failed to revive Amazon’s struggling shares. Amazon’s decline is part of a wider trend affecting the “Magnificent Seven” tech stocks, influenced by a cooling macroeconomic climate and uncertainties surrounding economic policies. Amazon’s Stock Plunge Underscores […]
Read moreFebruary 28, 2025 2:12 pm
Disney Represents 1.2% of VELA’s Portfolio with $4.34 Million Holdings VELA Investment Management’s strategic realignment involved a 18.2% reduction of its investment in the Walt Disney Company (NYSE:DIS) during Q4 2024, as evidenced by a recent 13F filing with the Securities and Exchange Commission (SEC). This adjustment resulted in the firm holding 38,929 shares of […]
Read moreFebruary 28, 2025 1:23 pm
Key moments Tesla’s stock is experiencing its second-worst monthly performance ever. Investors are worried about Musk’s time management due to his increased public presence and political associations. Tesla’s plans to launch a robotaxi service in 2025 and its attempts to secure permits for self-driving operations in California may lead to potential turnaround. Tesla Shares Plummet […]
Read moreFebruary 28, 2025 1:18 pm
Key moments Evertec reported a 16.11% increase in its stock value, closing at $37.55, following its Q4 2024 earnings call. The company achieved a record revenue of $845.5 million for 2024, representing a 22% year-over-year increase. Evertec projects 2025 revenue to range between $889 million and $899 million, indicating a growth of 5.1% to 6.3%. […]
Read moreFebruary 28, 2025 12:36 pm
Key moments Rightmove reported a 7% increase in revenue, reaching £389.9 million, driven by strategic growth areas. Underlying operating profit saw a 4% rise, totaling £9.3 million, despite one-off charges. The company’s stock value increased by 3.26%, closing at 664.2 pence in the previous trading session. Rightmove Reported 7% Surge with £389.9 Million in Revenue […]
Read moreFebruary 28, 2025 11:39 am
Key moments The Nasdaq 100 experienced a 2.75% decline, closing at 20,550, its lowest point since November. The S&P 500 saw a 1.6% drop, finishing the day at 5,860, erasing its year-to-date gains. Nvidia’s stock plummeted by 8.5%, closing at $120, and was identified as a primary catalyst for the downturn. Massive Market Slide Caused […]
Read moreFebruary 28, 2025 11:31 am
Key moments Nutanix’s stock value jumped by 10.37% to $76.54 after the company released its Q2 fiscal 2025 financial results. The company reported a 19% year-over-year increase in annual recurring revenue (ARR) and a 16% year-over-year improvement in quarterly revenue. Nutanix provided a positive outlook for 2025’s third quarter and full fiscal year, projecting revenues […]
Read moreFebruary 28, 2025 11:01 am
Key moments HEICO Corporation reported significant financial growth in Q1 2025, including a 46% increase in net income. Both the Flight Support Group and the Electronic Technologies Group contributed significantly to the company’s success. HEICO’s management anticipates continued growth in fiscal 2025. HEICO’s Stock Price Marks a 13.88% Jump After Company Reports Record Q1 Growth, […]
Read moreFebruary 28, 2025 10:37 am
Key moments Marqeta’s stock price increased by 21.08% on the last trading day, rising from $3.51 to $4.25. The company reported sales revenue of $135.8 million, a 14.3% YoY increase, exceeding analyst expectations by 3%. Revenue guidance for the next quarter was set at $135.7 million at the midpoint, surpassing estimates by 1.7%. Marqeta Sees […]
Read moreFebruary 28, 2025 10:34 am
Key moments RTX Corporation’s stock value jumped 2.52%, driving the share price up to $130.52 in a notable surge. The company’s progress in various divisions, including Pratt & Whitney’s FAA type certification and Collins Aerospace’s contract with Boeing, contributed to the positive market sentiment. Maharajh Ramsaran, RTX’s Executive Vice President and General Counsel, sold 19,431 […]
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