• Feb 18, 2025

Morning Bid: Rate decisions roll in, markets hold firm at highs

Two interest rate decisions and Chinese house prices top the Asia-Pacific calendar on Wednesday, with markets still pretty buoyant even as investors navigate the increasingly powerful crosscurrents of global trade and geopolitical uncertainty. When it comes to U.S. monetary policy, the Federal Reserve is adopting a similar stance too. The Reserve Bank of New Zealand on Wednesday is expected to lop another 50 basis points off borrowing costs to counter slowing growth, while Bank Indonesia is set to hold rates to shore up the weak exchange rate, according to Reuters polls.

• Feb 18, 2025

Perdoceo Education (NASDAQ:PRDO) Surprises With Q4 Sales

Higher education company Perdoceo Education (NASDAQ:PRDO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 19.3% year on year to $176.4 million. Its non-GAAP profit of $0.50 per share was 4.2% above analysts’ consensus estimates.

• Feb 18, 2025

Bel Fuse (NASDAQ:BELFA) Beats Expectations in Strong Q4, Stock Soars

Electronic system and device provider Bel Fuse (NASDAQ:BELFA) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 7% year on year to $149.9 million. On top of that, next quarter’s revenue guidance ($149 million at the midpoint) was surprisingly good and 14.4% above what analysts were expecting. Its GAAP loss of $0.14 per share was significantly below analysts’ consensus estimates.

• Feb 18, 2025

Meta's stock closes down, snapping 20-session winning streak

Meta stock fell Tuesday, snapping its 20-session winning streak.

• Feb 18, 2025

Lyft Gets Lone Sell Rating as Arete Downgrades Stock on Uber Competition

(Bloomberg) -- The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegArete Research S

• Feb 18, 2025

Why retail investors are excited and scared about market volatility

Some see market volatility as a way to mint big returns, while others view it as a reason to be cautious about where they put their money.

• Feb 18, 2025

Rush Enterprises’s (NASDAQ:RUSHA) Q4: Strong Sales

Commercial vehicle retailer Rush Enterprises (NASDAQ:RUSH.A) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $2.01 billion. Its GAAP profit of $0.91 per share was 9% above analysts’ consensus estimates.

• Feb 18, 2025

Intel stock posts biggest five-day gain in history amid report of potential breakup

Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two.

• Feb 18, 2025

Why Bath & Body Works Stock Jumped Nearly 10% on Tuesday

Bath & Body Works (BBWI) shares closed almost 10% higher Tuesday after analysts from JPMorgan upgraded the stock, citing encouraging recent product launches and shrinking post-pandemic headwinds.

• Feb 18, 2025

Compass (NYSE:COMP) Surprises With Strong Q4, Stock Jumps 10.5%

Real estate technology company Compass (NYSE:COMP) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 25.9% year on year to $1.38 billion. On top of that, next quarter’s revenue guidance ($1.41 billion at the midpoint) was surprisingly good and 6.3% above what analysts were expecting. Its GAAP loss of $0.08 per share was in line with analysts’ consensus estimates.