Tesla (TSLA) has made an impressive comeback, rallying 40% from its lows and rejoining the $1 trillion club thanks to robotaxi hype, technical momentum, and eased US-China trade tensions. Strong bullish trends and a triple bottom formation suggest a continued uptrend, but challenges in China remain.
The capital markets are continuing to digest the implications of the US-China 90-day cooling off period. There were dramatic moves yesterday, and with a few exceptions, a consolidative tone has emerged today.
Manufacturing company Stanley Black & Decker (NYSE:SWK) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 3.2% year on year to $3.74 billion. Its non-GAAP profit of $0.75 per share was 14.5% above analysts’ consensus estimates.
Landsea Homes (NASDAQ: LSEA) to be acquired by Apollo Global Management's (NYSE: APO) New Home for $1.2B, a 61% premium. LSEA shares up 58.2% premarket.
Bitcoin (CRYPTO: BTC) has surged 22% over the past month, and according to Bitcoin financial services firm Swan, this isn't just another rally, it marks the emergence of a
Health insurance company Humana (NYSE:HUM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 8.4% year on year to $32.11 billion. The company’s full-year revenue guidance of $127 billion at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $11.58 per share was 15% above analysts’ consensus estimates.
Oracle Corp. and seQure announce availability of Ground-Truth service on Oracle Cloud Infrastructure, offering automated threat detection and data observability.
Agriculture products company SiteOne Landscape Supply (NYSE:SITE) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 3.8% year on year to $939.4 million. Its non-GAAP loss of $0.33 per share was 23.9% above analysts’ consensus estimates.
Packaging and materials company International Paper (NYSE:IP) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 27.8% year on year to $5.9 billion. Its non-GAAP profit of $0.23 per share was 37.8% below analysts’ consensus estimates.
Power generation products company Generac (NYSE:GNRC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 5.9% year on year to $942.1 million. Its non-GAAP profit of $1.26 per share was 30.5% above analysts’ consensus estimates.
Fresh produce company Fresh Del Monte (NYSE:FDP) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.1 billion. Its non-GAAP profit of $0.63 per share was 2.4% above analysts’ consensus estimates.
Fast-food company Yum China (NYSE:YUMC) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $2.98 billion. Its non-GAAP profit of $0.77 per share was in line with analysts’ consensus estimates.
Electronic component provider Littelfuse (NASDAQ:LFUS) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 3.5% year on year to $554.3 million. Guidance for next quarter’s revenue was better than expected at $580 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $2.19 per share was 21.1% above analysts’ consensus estimates.
In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between U.S. and China. He also pledged economic support to LatAm and Carribean countries and called for the region to come together to counter the growing influence of the U.S.
Industrial equipment manufacturer Kadant (NYSE:KAI) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 3.9% year on year to $239.2 million. The company expects next quarter’s revenue to be around $246.5 million, close to analysts’ estimates. Its non-GAAP profit of $2.10 per share was 6.6% above analysts’ consensus estimates.
We’re not expecting as much of a sequential increase for headline inflation, largely due to the April fall in oil prices, which leaked through to gas prices.
Real estate data provider CoStar Group (NASDAQ:CSGP) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 11.5% year on year to $732.2 million. The company expects next quarter’s revenue to be around $772.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.16 per share was 46.8% above analysts’ consensus estimates.
Speciality material and gas containment company Luxfer (NYSE:LXFR) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 8.5% year on year to $97 million. Its non-GAAP profit of $0.23 per share was 35.3% above analysts’ consensus estimates.
