Social network Snapchat (NYSESNAP) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 14.4% year on year to $1.56 billion. Its non-GAAP profit of $0.16 per share was 13.6% above analysts’ consensus estimates.
Computer processor maker AMD (NASDAQAMD) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 24.2% year on year to $7.66 billion. Guidance for next quarter’s revenue was better than expected at $7.1 billion at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $1.09 per share was in line with analysts’ consensus estimates.
Data protection and security software company Varonis (NASDAQVRNS) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.9% year on year to $158.5 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $132.5 million at the midpoint, or 1.7% above analysts’ estimates. Its non-GAAP profit of $0.18 per share was 27.3% above analysts’ consensus estimates.
Biotech company Amgen (NASDAQAMGN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 10.9% year on year to $9.09 billion. The company’s full-year revenue guidance of $35 billion at the midpoint came in 1.4% above analysts’ estimates. Its non-GAAP profit of $5.31 per share was 4.6% above analysts’ consensus estimates.
While Southeast Asia shares most of the energy problems of the rest of the world, it seems that this region is somewhat better placed to handle the energy shortfalls that lie ahead than many other regions.
Online advertising giant Alphabet (NASDAQGOOGL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 11.8% year on year to $96.47 billion. Its GAAP profit of $2.15 per share was 1.2% above analysts’ consensus estimates.
Telecom company Lumen Technologies (NYSELUMN) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 5.3% year on year to $3.33 billion. Its non-GAAP profit of $0.09 per share was significantly above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
Vanguard's fee cuts may not significantly affect BlackRock, as the latter has a more diversified ETF strategy and mainly caters to institutional investors.
President Donald Trump’s newly appointed "Crypto Czar" David Sacks on Tuesday announced the formation of a bipartisan, bicameral committee to establish a clear regulatory framework for the digital asset industry.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing steady price action, but on-chain data and technical indicators suggest a massive rally could be
Robert F. Kennedy Jr. didn't win the 2024 presidential election, but could find his way into President Donald Trump's cabinet as the leader of the Department of Health and Human Services.
