Why Transcat (TRNS) Stock Is Down Today
Shares of measurement equipment distributor Transcat (NASDAQ:TRNS) fell 23.7% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. The company noted that organic sales in the services segment were below historical trends, and customers closed some facilities while operating with reduced staffing levels, which limited the volume of incoming equipment during the December 2024 holiday
Read MoreWhy Is Royal Caribbean (RCL) Stock Soaring Today
Shares of cruise vacation company Royal Caribbean (NYSE:RCL) jumped 13.2% in the afternoon session after the company reported strong third results, with earnings exceeding analysts' expectations while revenue was in line. Looking ahead, Royal Caribbean's positive EPS guidance for the next quarter exceeded analysts' expectations. Overall, this quarter had some key positives.
Read MoreThe Fed sent stocks spiraling after its last meeting, and now the central bank is expected to leave interest rates untouched on Wednesday
Wall Street is banking on two interest rate cuts in 2025.
Read MoreGold Stocks Shine in Toronto as Yawning Rate Gap Pummels Loonie
(Bloomberg) -- As Canada’s currency weakens, fund managers are leaning into sectors that pay expenses in the local currency while collecting revenue in US dollars. That has made buying stocks in gold miners a jackpot trade as the so-called loonie is expected to fall further.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlist
Read MoreWhy CrowdStrike (CRWD) Stock Is Up Today
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 8.5% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Read MoreWhy MongoDB (MDB) Stock Is Trading Up Today
Shares of database software company MongoDB (MDB) jumped 7.8% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Read MoreBridgewater’s Karniol-Tambour Says Growth Outlook Favors Stocks
(Bloomberg) -- Bridgewater Associates co-chief investment officer Karen Karniol-Tambour said she favors equities over bonds as the resilient economy threatens to keep inflation elevated.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingVienna Embraces Heat Pumps to Ditch Russ
Read MoreWhy Is Zscaler (ZS) Stock Soaring Today
Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 7.2% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Read MoreWhy Cloudflare (NET) Stock Is Up Today
Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 9.4% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation
Read MoreWhy Appian (APPN) Stock Is Trading Up Today
Shares of low code software development platform provider Appian (Nasdaq: APPN) jumped 7.8% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automatio
Read MoreWall Street wants to unwind a troubled Elon Musk investment
This story incorporates reporting from AOL.Wall Street banks are seeking to mitigate losses from the debt associated with Elon Musk’s acquisition of Twitter. In an effort to recover a portion of their investment, these banks are attempting to sell senior portions of the debt at a value between $0.90 and $0.95 on the dollar, according to The Wall Street Journal. This strategy aims to regain some financial stability as banks still hold hopes of earning above break-even levels through their more ju
Read MoreTrump's orbit is trying to calm markets on tariffs — even if Trump has a different approach
New mixed messages this week about President Donald Trump's implementation of tariffs are flummoxing markets and businesses hoping for clarity on the 2.0 version of Trump's trade policy.
Read MoreEuropean Stocks Recover to Close at Record After AI-Fueled Shock
(Bloomberg) -- European stocks closed at a record high as they got a boost from a slate of upbeat corporate earnings, after concerns around technology valuations fueled global volatility in Monday’s session.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingVienna Embraces Hea
Read MoreTop Stock Movers Now: Boeing, GM, Lockheed Martin, and More
U.S. markets were rebounding at midday from yesterday's big tech selloff caused by advances in artificial intelligence by a Chinese startup.
Read MoreRTX Stock Up on Results, Outlook; Lockheed Martin Shares Down on Sales, Guidance
Defense contractors RTX and Lockheed Martin posted differing results and guidance, sending shares in opposite directions.
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