Is Trump responsible for the performance of stocks? He thinks so, but only if they're up.
Donald Trump has used the stock market as a scorecard in the past, but the president doesn't think he's to blame for the market's year-to-date loss.
Donald Trump has used the stock market as a scorecard in the past, but the president doesn't think he's to blame for the market's year-to-date loss.
Trump’s actions threaten to make America a place where investors are less confident that their assets are safe, and quicker to run for the exits at the first sign of trouble.
A bear market occurs when stock prices fall 20% or more. This article explores what a bear market means for investors, whether we're in a bear market right now, and what actions you can take to protect your wealth.
NEW YORK (Reuters) -Estimated earnings growth for S&P 500 companies for the first quarter of the year has jumped in the latest week, while the forecast for second-quarter earnings fell further, according to LSEG Thursday. Thanks in part to upbeat results from big tech-related names including Microsoft, year-over-year S&P 500 earnings growth for the first quarter of 2025 is now seen at 12.9%, up from 8.9% a week ago. The latest forecast is based on results from 325 of the S&P 500 companies and estimates for the rest.
Kohl’s board of directors has ousted CEO Ashley Buchanan for cause, citing violations of company policies related to undisclosed conflicts of interest in vendor relationships.
Hospitality company Hyatt Hotels (NYSE:H) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $1.72 billion. Its non-GAAP profit of $0.46 per share was 28.8% above analysts’ consensus estimates.
Aerospace and defense company Leonardo DRS (NASDAQ:DRS) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 16.1% year on year to $799 million. The company expects the full year’s revenue to be around $3.48 billion, close to analysts’ estimates. Its non-GAAP profit of $0.20 per share was 21.1% above analysts’ consensus estimates.
An outside investigation found Buchanan allegedly directed the company to "engage in vendor transactions that involved undisclosed conflicts of interest," Kohl's said.
Food and beverage supplier MGP Ingredients (NASDAQ:MGPI) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 28.7% year on year to $121.7 million. The company expects the full year’s revenue to be around $530 million, close to analysts’ estimates. Its non-GAAP profit of $0.36 per share was 3.7% below analysts’ consensus estimates.
Agricultural and farm machinery company AGCO (NYSE:AGCO) announced better-than-expected revenue in Q1 CY2025, but sales fell by 30% year on year to $2.05 billion. The company’s full-year revenue guidance of $9.6 billion at the midpoint came in 1% above analysts’ estimates. Its GAAP profit of $0.14 per share was 82.1% above analysts’ consensus estimates.