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Why Is Lam Research (LRCX) Stock Rocketing Higher Today

Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 8.5% in the afternoon session after the company reported impressive fourth-quarter results and provided revenue and EPS guidance for the next quarter, which blew past analysts' expectations. This quarter's revenue and EPS outperformed Wall Street's estimates. Overall, we think this was a decent quarter, with some key metrics above expectations.

Thermo Fisher Stock Surges as Medical Device Maker's Results Top Estimates

Shares of Thermo Fisher Scientific jumped Thursday after the company's fourth-quarter results topped estimates, as sales increased across all four of its divisions.

Caterpillar Stock Slides After Revenue Misses Projections

Caterpillar shares dropped after the company’s fourth-quarter revenue fell short of expectations before the opening bell Thursday.

Is Tesla Stock 'Bulletproof' Now? Here's Why Some Investors Think So

Tech companies are all about selling the future, and few do so more determinedly than Tesla.

Top Stock Movers Now: IBM, Las Vegas Sands, UPS, and More

U.S. equities were mixed at midday as the market turned its focus back to corporate earnings reports.

Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint

Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.

Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures

(Reuters) -Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade. The chemical industry has been grappling with weak demand and high input costs, leading to lower prices and margin pressures, especially in Europe, where a challenging regulatory environment has prompted some companies to rethink their strategies. The Midland, Michigan-based company said it plans to reduce its workforce globally, with Europe and Asia in focus, and it expects to save an additional $300 million to $500 million this year by cutting back on expenses.

Stock market today: Meta Platforms rallies as most of Wall Street ticks higher

Most U.S. stocks are ticking higher following a rush of profit reports from some of the country's most influential companies. The S&P 500 was up 0.2% in morning trading. The Dow Jones Industrial Average was up 150 points, or 0.3%, as of 10:45 a.m.

Wall Street rises as gains in Meta, Tesla offset Microsoft slump

Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft dropped 4.7% after forecasting disappointing growth in its cloud computing business. Meta Platforms rose 4.5% after beating estimates for fourth-quarter revenue, but forecast that first-quarter sales might miss estimates.

Whirlpool Stock Sinks on Appliance Maker's Weaker-Than-Expected Results, Outlook

Whirlpool's North American sales dropped, and the home appliance maker's fourth-quarter results and guidance came up short of forecasts.

Banks Offer to Do Deals for Free in Hectic Leveraged Loan Market

(Bloomberg) -- Investment bankers who cater to private equity firms are offering to do deals for free as a global rally drives rampant demand for leveraged loans.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoHow the 2025 Catholic Jubilee Is Reshaping RomeThey’re pitching a high volume o

Blackstone President Jon Gray Calls the Bottom After Office-Market Rout

(Bloomberg) -- Blackstone Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a prolonged slump fueled by the pandemic.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoHow the 2025 Catholic Jubilee Is Reshaping Rome“Office has bott

Heidelberg Materials bets on US market under Trump

Heidelberg Materials, the world's second-largest cement maker, wants to do more deals in the U.S. in 2025 and is confident the policies of President Donald Trump will boost its business. In his first comments since Trump took office last week, the CEO of German-listed Heidelberg Materials said the new administration had a clear growth agenda. Heidelberg Materials, which competes with Holcim, makes around a quarter of its sales in the North American region, where it employs around 9,000, or around 18% of its total staff.

Tesla stock rises after company pledges return to growth after Q4 results disappoint

Tesla's fourth quarter earnings disappointed, but the company's commitment to returning to growth in 2025 saw shares rise in extended trading on Wednesday.

BMO Becomes Second Canadian Bank to Launch Currency-Hedged Global Stocks

(Bloomberg) -- Bank of Montreal is stepping into a booming product category that offers exposure to popular global stocks while hedging against currency volatility, becoming the second Canadian bank to do so. Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTrump Paves the Way to Deputize Local Police on ImmigrationUS Students’ Reading Scores Drop

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