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Why Leidos (LDOS) Stock Is Down Today

Shares of defense contractor Leidos (NYSE:LDOS) fell 7.5% in the morning session after peer, CACI, reported fourth-quarter earnings results, with markets increasingly worried that new cost-cutting initiatives by the US government would affect Defense contracts. Although CACI reported a strong quarter with revenue, EBITDA, EPS ahead of Wall Street's expectations as well as a statement that they're well on their way to meet the three-year financial targets unveiled during the November 2024 Investo

Why CACI (CACI) Stock Is Nosediving

Shares of defense, intelligence, and IT solutions provider CACI International (NYSE:CACI) fell 9.1% in the morning session after the company reported fourth-quarter earnings results, with markets increasingly worried that new cost-cutting initiatives by the US government would affect Defense contracts. Although CACI reported a strong quarter with revenue, EBITDA, EPS ahead of Wall Street's expectations as well as a statement that they're well on their way to meet the three-year financial targets

Why Is Knight-Swift Transportation (KNX) Stock Soaring Today

Shares of freight delivery company Knight-Swift Transportation (NYSE:KNX) jumped 6.4% in the pre-market session after the company reported impressive fourth-quarter results, which beat analysts' EPS expectations. Its EPS guidance for next quarter also came in higher than Wall Street's estimates. On the other hand, its EBITDA missed significantly, and its revenue fell slightly short of Wall Street's estimates. The revenue shortfall was largely expected due to operating challenges from hurricanes

Jamie Dimon is doubling down on JPMorgan's DEI work as a conservative group targets Wall Street: 'Bring them on'

Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.

Why MarineMax (HZO) Stock Is Trading Up Today

Shares of boat and marine products retailer MarineMax (NYSE:HZO) jumped 18% in the afternoon session after the company reported strong fourth-quarter results, which blew past analysts' EBITDA and EPS expectations.

Why GE Aerospace (GE) Stock Is Up Today

Shares of industrial conglomerate GE Aerospace (NYSE:GE) jumped 9.4% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' revenue estimates amid improved demand for spare parts, commercial engines, and services. Growth accelerated during the quarter as orders rose by 46% compared to the previous year. The improved demand and pricing enabled the company to grow its cash flow and report earnings ahead of analysts' expectations.

GE Aerospace optimistic about 2025, stock jumps

GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving supply chain issues that had hobbled production. "We learned a lot through last year," CEO Larry Culp said in an interview. GE Aerospace dominates the engine market for narrowbody jets and enjoys a strong position in widebodies.

Trump policies likely to raise bond market's inflation fears, top money managers say

Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year. Vanguard, the world's second-largest asset manager, which manages over $10 trillion, said in a first-quarter fixed income outlook report seen by Reuters that it expects "progress on inflation to stall," with core measures of price pressures stuck above the Federal Reserve's 2% target and above 2.5% for most of 2025. Trade and immigration policies implemented by Trump's Republican administration could complicate the picture further, it said in a report written by its active fixed income team, led by Sara Devereux, the global head of fixed income group.

Nibiru EVM (Nibiru V2) Codebase Finalized Following Rigorous Security Audits

Tortola, British Virgin Islands, January 23rd, 2025, Chainwire Nibiru, a secure and high-performance blockchain, has reached successful code completion for its upcoming Nibiru EVM...

Top Stock Movers Now: Union Pacific, Alaska Air Group, American Airlines, and More

U.S. equities were mixed and little changed at midday as the S&P 500 traded near all-time highs.

Union Pacific Stock Surges as Earnings Top Expectations, Thanks to Falling Fuel Costs

Union Pacific shares surged Thursday after the big freight carrier posted better-than-expected earnings as its costs for fuel declined.

Elevance Health Stock Rises as Company Tops Estimates, Raises Dividend

Elevance Health reported stronger-than-expected results and raised its dividend as it benefited from higher premiums, acquisitions, and growth in its pharmacy division.

Stock market today: S&P 500 hangs near its record as markets worldwide drift

U.S. stocks are drifting near a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was virtually unchanged in morning trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days. Movements were also mostly quiet in markets abroad, even after China’s latest attempt to juice stock prices in the world’s second-largest economy.

Alaska Air Group Stock Rises as Hawaiian Airlines Acquisition Powers Results

Alaska Air Group posted better-than-expected fourth-quarter results after it completed its acquisition of Hawaiian Airlines.

Bybit Launchpool Introduces OBT and SOSO Rewards Through bbSOL Staking

Dubai, United Arab Emirates, January 23rd, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce new rewards...

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