Restaurant company Cheesecake Factory (NASDAQ:CAKE) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4% year on year to $927.2 million. Its non-GAAP profit of $0.93 per share was 13.9% above analysts’ consensus estimates.
The stock market opens at 9:30 a.m. Monday through Friday, but extended trading hours make it possible to trade even when the market is closed.
The tariff-fueled drop in stocks would be relatively mild compared to what the market could see if recession strikes, Goldman Sachs said.
- Nasdaq's filing would add the popular memecoin to growing crypto ETF lineup. - SEC continues to push back decisions on multiple crypto fund applications. - Analysts project final rulings on altcoin ETFs by October 2025 deadline.
U.S. President Donald Trump on Wednesday appeared to suggest he knew more about interest rates than Federal Reserve Chairman Jerome Powell and that rates should be cut. "Mortgage rates are actually down slightly even though I have a guy in the Fed that I'm not a huge fan of," Trump said at a White House event. "He should reduce interest rates.
Investors need a US trade deal to be announced for a durable rally, and Polymarket wagers show which countries are most likely to reach one soon.
Renewable energy faces a potential double whammy of tariffs and tax credit reductions.
Noble Corp's first-quarter report reveals substantial contract additions, financial growth, and a positive market outlook, driving a significant increase in the company's stock value and investor confidence.
Water management company Northwest Pipe (NASDAQ:NWPX) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 2.6% year on year to $116.1 million. Its GAAP profit of $0.39 per share was 26.9% below analysts’ consensus estimates.
Diabetes technology company Tandem Diabetes Care (NASDAQ:TNDM) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 22.3% year on year to $234.4 million. The company expects the full year’s revenue to be around $1 billion, close to analysts’ estimates. Its GAAP loss of $1.97 per share was significantly below analysts’ consensus estimates.
