With PPI on deck Thursday, traders are bracing for signs of tariff pass-through creeping into producer costs. That keeps the Fed sidelined and rate cut hopes on ice.
Disney will target its huge sports fan base of the ESPN brand with a new standalone streaming app. One analyst says this could be a "big win" for Disney.
After trading at some of the most extreme oversold levels we've seen in years back in April during the tariff crash, major US index ETFs have all moved in lock-step up into overbought territory with the exception of the Dow 30.
Foot Locker shares are running after the market close on Wednesday following reports that Dick's Sporting Goods is nearing a deal to buy the footwear and apparel retailer.
Medical technology company Teleflex (NYSE:TFX) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 5% year on year to $700.7 million. Its non-GAAP profit of $2.91 per share was 0.9% above analysts’ consensus estimates.
Beauty products company Estée Lauder (NYSE:EL) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 9.9% year on year to $3.55 billion. Its non-GAAP profit of $0.65 per share was significantly above analysts’ consensus estimates.
Electrical supply company WESCO (NYSE:WCC) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $5.34 billion. Its non-GAAP profit of $2.21 per share was 4.7% below analysts’ consensus estimates.
American firearm manufacturing company Ruger (NYSE:RGR) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $135.7 million. Its non-GAAP profit of $0.46 per share was 29.2% below analysts’ consensus estimates.
AI Revolution taking off in Saudi Arabia, creating major opportunities for US tech stocks. Trump's visit & trade deal with China add to bullish outlook.
Machine vision technology company Cognex (NASDAQ:CGNX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 2.5% year on year to $216 million. On the other hand, next quarter’s revenue guidance of $245 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.16 per share was 19.4% above analysts’ consensus estimates.
Hotel franchising company Wyndham (NYSE:WH) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 3.6% year on year to $316 million. Its non-GAAP profit of $0.85 per share was 4.5% above analysts’ consensus estimates.
Chicken producer Pilgrim’s Pride (NASDAQ:PPC) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 2.3% year on year to $4.46 billion. Its non-GAAP profit of $1.31 per share was 2.1% below analysts’ consensus estimates.
Funeral services company Carriage Services (NYSE:CSV) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3.5% year on year to $107.1 million. On the other hand, the company’s full-year revenue guidance of $405 million at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.96 per share was 14.3% above analysts’ consensus estimates.
Agricultural and farm machinery company Titan (NSYE:TWI) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.8% year on year to $490.7 million. On the other hand, next quarter’s revenue guidance of $475 million was less impressive, coming in 2.1% below analysts’ estimates. Its non-GAAP profit of $0.01 per share was 81.8% below analysts’ consensus estimates.
Industrial equipment and engineered products manufacturer Albany (NYSE:AIN) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 7.8% year on year to $288.8 million. The company’s full-year revenue guidance of $1.22 billion at the midpoint came in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.73 per share was 17.4% above analysts’ consensus estimates.
Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2.4% year on year to $4.28 billion. Its non-GAAP profit of $0.69 per share was 51.5% above analysts’ consensus estimates.
We’ll have to closely pay attention to see how the tariff regime evolves, but recent de-escalation efforts have provided much-needed relief for several stocks with heavy exposure to China.
