Waste and recycling services provider Quest Resource (NASDAQ:QRHC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $69.97 million. Its non-GAAP loss of $0.09 per share was significantly below analysts’ consensus estimates.
Brown-Forman, the maker of Jack Daniel's whiskey and other alcoholic beverages, was among the S&P 500's biggest decliners Wednesday as the European Union hit back with retaliatory tariffs after 25% U.S. levies on steel and aluminum went into effect.
Apple shares remained under pressure on Wednesday, bucking a broader rally for tech stocks, amid concerns about the delayed rollout of Siri AI features and the impact of tariffs. Monitor these important chart levels.
Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 7.5% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% targe
Shares of memory chips maker Micron (NYSE:MU) jumped 8.4% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not qui
Shares of work management software maker Asana (NYSE: ASAN) jumped 5.9% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% targe
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 5.3% in the morning session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, b
D-Wave Quantum shares popped Wednesday, along with other quantum computing stocks, after the company claimed to achieve a breakthrough.
A majority of Americans believe President Donald Trump is being too “erratic” in his moves to shake up the U.S. economy, as his imposition of tariffs against some of the nation's top trading partners hammers stock markets, a new Reuters/Ipsos poll found. Some 57% of respondents, including one in three Republicans, said the president’s policies have been unsteady as his efforts to tax imports have set off a global trade war, according to the two-day poll that closed on Wednesday. Americans instead want Trump to continue to focus on combating high prices even as there are growing concerns his policies will drive costs up, not down, the poll found.
US stocks rallied as February’s inflation data came in lower than expected, boosting hopes for Federal Reserve rate cuts later this year. The S&P 500 gained 0.7%, while the Nasdaq 100 jumped 1.5%. Meanwhile, the euro held at a four-month high.View on euronews
