Information

  • Mar 03, 2025

Emerging Markets Waver as Traders Weigh Tariffs, US-Ukraine Feud

(Bloomberg) -- Emerging-market assets kicked off March little changed as traders monitored a looming deadline for US tariffs on key trading partners, while Ukraine bonds fell on the fading prospects of a near-term peace deal.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global

  • Mar 03, 2025

Wall Street hit by Trump tariffs on Canada and Mexico

Wall Street's main stock indexes tumbled Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. Trump said on Monday that there was no chance for Mexico or Canada to prevent 25% tariffs from taking effect on Tuesday. "They're going to have to have a tariff.

  • Mar 03, 2025

Why Peloton (PTON) Stock Is Falling Today

Shares of exercise equipment company Peloton (NASDAQ:PTON) fell 5.8% in the afternoon session as the major indices tumbled after the Trump administration confirmed that the planned 25% tariffs on imports from Canada and Mexico, two of the largest trading partners of the United States, would proceed as planned. The news added to the market's growing unease, which had been building since the start of 2025. For Wall Street analysts, investors, and businesses, the announcement underscored the urgent

  • Mar 03, 2025

GitLab (NASDAQ:GTLB) Posts Better-Than-Expected Sales In Q4

Software development tools maker GitLab (NASDAQ:GTLB) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 29.1% year on year to $211.4 million. The company expects next quarter’s revenue to be around $212.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.33 per share was 44.6% above analysts’ consensus estimates.

  • Mar 03, 2025

ThredUp (NASDAQ:TDUP) Misses Q4 Sales Targets

Online fashion resale marketplace ThredUp (NASDAQ:TDUP) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 17.4% year on year to $67.27 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $68.5 million at the midpoint, or 4.7% above analysts’ estimates. Its GAAP loss of $0.19 per share was significantly below analysts’ consensus estimates.

  • Mar 03, 2025

Okta (NASDAQ:OKTA) Exceeds Q4 Expectations, Stock Jumps 11.2%

Identity management software maker Okta (OKTA) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 12.7% year on year to $682 million. Guidance for next quarter’s revenue was better than expected at $679 million at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $0.78 per share was 6% above analysts’ consensus estimates.

Popular Post