FMP
Our Blogs
Nov 27, 2024 8:52 AM - Davit Kirakosyan
Autodesk Shares Drop 7% Despite Narrow Q3 Earnings Beat and Revenue Growth
Autodesk (NASDAQ:ADSK) saw its shares decline by more than 7% in pre-market today after reporting third-quarter results that slightly exceeded expectations but failed to impress investors. For the third quarter of fiscal 2025, the design software company posted adjusted earnings per share of $2.17, ...
Nov 27, 2024 8:48 AM - Davit Kirakosyan
CrowdStrike Beats Q3 Expectations, But Shares Dip on Q4 Revenue Guidance
CrowdStrike Holdings (NASDAQ:CRWD) reported strong third-quarter results and raised its annual forecast, driven by increased demand for its cybersecurity solutions amid the rise of AI-fueled online threats. Despite the positive performance, the company’s shares dropped over 3% in pre-market today du...
Nov 27, 2024 8:46 AM - Davit Kirakosyan
Dell Shares Plunge 12% on Weak Q4 Revenue Guidance
Dell Technologies (NYSE:DELL) saw its shares tumble over 12% in pre-market today after issuing fourth-quarter revenue guidance that fell short of Wall Street expectations, driven by declining demand for traditional PCs and intensifying competition. For the third quarter, Dell reported adjusted earni...
Nov 27, 2024 8:44 AM - Davit Kirakosyan
HP Shares Slide 8% on Weak Q1 Guidance Despite Q4 Earnings Beat
HP (NYSE:HPQ) reported fiscal fourth-quarter earnings that surpassed Wall Street estimates, but its weaker-than-expected guidance for the current quarter sent shares plunging over 8% in pre-market today. For the fourth quarter, HP posted adjusted earnings per share (EPS) of $0.93, in line with analy...
Nov 27, 2024 8:42 AM - Davit Kirakosyan
Nordstrom Surpasses Q3 Expectations, Raises Full-Year Guidance
Nordstrom (NYSE:JWN) reported third-quarter results that exceeded expectations, supported by solid sales growth across both its Nordstrom and Nordstrom Rack divisions. The company also raised its full-year guidance. The luxury retailer posted adjusted earnings per share of $0.33, beating the Street ...
Nov 27, 2024 8:39 AM - Davit Kirakosyan
Nutanix Shares Gain 5% on Strong Q1 Results and Upbeat Guidance
Nutanix (NASDAQ:NTNX) reported impressive first-quarter fiscal 2025 results, exceeding Wall Street analyst expectations and providing optimistic guidance. The positive report drove the company’s shares up more than 5% in pre-market today. For the quarter, Nutanix posted adjusted earnings per share o...
Nov 27, 2024 4:56 AM - Parth Sanghvi
HP Reports Soft Q1 Guidance, Shares Tumble in After-Hours Trading
Key Highlights HP Inc. issued a softer-than-expected forecast for the first quarter of fiscal 2024 during its latest earnings report. Following the announcement, the company's stock dropped significantly in after-hours trading, reflecting investor concerns over the weaker outlook and broader mark...
Nov 27, 2024 4:56 AM - Parth Sanghvi
China's BYD Sets Negotiable Price Reduction Targets for Suppliers
Overview BYD, China's leading electric vehicle (EV) manufacturer, has announced plans to implement negotiable price reduction targets for its suppliers. This move reflects the automaker’s strategy to maintain cost efficiency amidst growing competition in the global EV market and fluctuating raw m...
Nov 27, 2024 4:55 AM - Parth Sanghvi
Asian Stocks Weak Amid Trump Tariff Worries; Yen Firm
Key Highlights Asian stock markets opened lower as concerns grew over renewed U.S. tariff discussions targeting imports from China, with particular focus on implications for the global supply chain and trade. The Japanese yen remained firm, reflecting increased demand for safe-haven assets amid r...
Nov 27, 2024 4:55 AM - Parth Sanghvi
Signs of Market Bubble Post-Election: Barclays Issues Warning
Overview Barclays has raised concerns about emerging signs of a market bubble following post-election rallies. Analysts warn that euphoric sentiment, speculative investments, and overvalued asset prices may heighten the risk of a sharp market correction. Key Factors Behind the Warning Elect...
Nov 27, 2024 4:54 AM - Parth Sanghvi
Trump Policy Actions Could Limit Investor Appetite for Gold: BoFA
Overview Bank of America (BoFA) has warned that recent policy actions and proposals by former President Trump could dampen the appeal of gold as an investment. As market dynamics shift, investors are advised to closely examine how these policies may impact safe-haven assets. Key Insights Go...
Nov 27, 2024 4:53 AM - Parth Sanghvi
Key Market Movers: Tariffs, Fed Minutes, and Bitcoin Activity
Overview Markets are currently navigating a complex landscape shaped by Trump-era tariff policies, Federal Reserve updates, and unexpected Bitcoin market activity. Here's a detailed breakdown of these factors: Trump Tariff Dynamics Impact on Trade Relations: Renewed focus on tariffs is rekind...
Nov 27, 2024 4:52 AM - Parth Sanghvi
Gold Prices Rise Amid Tariff Concerns
Overview Gold prices saw a modest increase as ongoing trade tariff discussions reignite demand for safe-haven assets. With global markets reacting to potential geopolitical and economic shifts, gold continues to reflect investor caution. Key Factors Driving Gold Demand Tariff Jitters Renew...
Nov 27, 2024 4:52 AM - Parth Sanghvi
Deutsche Bank's 2025 Macro Outlook: A Cloudy Future for the U.S. Economy
Key Takeaways Deutsche Bank has painted a murky economic outlook for the U.S. in 2025. Higher interest rates, geopolitical tensions, and a cooling labor market are expected to weigh heavily on economic growth. Economic Growth Slowdown Recessionary Concerns: The bank forecasts minimal growth a...
Nov 27, 2024 4:51 AM - Parth Sanghvi
Dell Technologies Q3 Performance: Challenges and Outlook for Q4
Dell Technologies shares dropped over 11% in after-hours trading after the company lowered its fourth-quarter revenue guidance, citing weaker demand for its traditional PCs and increasing competition. This underperformance has left investors cautious as the tech giant navigates challenges in its cor...
Nov 27, 2024 4:50 AM - Parth Sanghvi
Investors Hold Tight to Crash Protection Despite Booming U.S. Stock Market
As the U.S. stock market experiences impressive gains, investors are proceeding with caution. Despite a rally in major indices, concerns over economic uncertainties and potential volatility are leading many to hold on to crash protection strategies. Strong Market, Cautious Sentiment The rally ...
Nov 27, 2024 4:49 AM - Parth Sanghvi
Fed Members Back Gradual Rate Cuts Amid Economic Uncertainty: A Detailed Analysis
The latest Federal Reserve meeting minutes reveal key insights into the central bank's strategy for navigating the U.S. economy's current phase. While the economic recovery remains resilient, Fed officials are looking at a more cautious, gradual approach to cutting interest rates—signaling the path ...
Nov 27, 2024 4:48 AM - Parth Sanghvi
OpenAI Employees Set to Sell $1.5 Billion in Shares to SoftBank
A Major Stake in Artificial Intelligence OpenAI, the innovative AI powerhouse, is set to see a significant shift in its ownership structure as employees prepare to sell $1.5 billion worth of shares to SoftBank. The deal marks another high-profile investment by the Japanese conglomerate, further s...
Nov 27, 2024 4:47 AM - Parth Sanghvi
Bitcoin Dips to $93K Amid Economic Data and Policy Focus
Market Overview Bitcoin's price has slipped to $93,000, as the cryptocurrency market reacts to a mix of U.S. economic data and looming policy decisions. Investors are navigating a volatile landscape, with macroeconomic factors influencing crypto sentiment. Key Factors Driving Bitcoin’s Decline...
Nov 27, 2024 4:47 AM - Parth Sanghvi
Asian Stocks Slip While Chinese Shares Show Resilience Amid Trump’s Tariff Threats
Market Overview Asian stock markets experienced a mixed session as investors reacted to U.S. tariff threats and economic uncertainties. While most regional markets edged lower, Chinese equities stood out, showing unexpected resilience. Key Highlights 1. Trump's Tariff Threats Impact Sentiment...
