A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
NetApp (NTAP) reported Q4 results, beating sales estimate with $1.73 billion and adjusted EPS of $1.93. Analysts lower price targets, but company remains confident in long-term growth.
Data storage company NetApp (NASDAQ:NTAP) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 3.8% year on year to $1.73 billion. On the other hand, next quarter’s revenue guidance of $1.53 billion was less impressive, coming in 4.5% below analysts’ estimates. Its non-GAAP profit of $1.93 per share was 1.8% above analysts’ consensus estimates.
NETAPP INC (NTAP) offers a reliable 2.08% dividend yield, strong profitability, and reasonable valuation, making it a candidate for dividend investors.
Over the past six months, NetApp’s shares (currently trading at $98.71) have posted a disappointing 15.8% loss while the S&P 500 was flat. This was partly due to its softer quarterly results and might have investors contemplating their next move.
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
