Shares of facility services provider ABM Industries (NYSE:ABM) fell 9.3% in the morning session after the company reported underwhelming fourth quarter 2024 results: Sales were roughly in line, but the company recorded a significant increase in cash burn.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 6.9% 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 (Consumer Price Index - a gauge of the average price consumers pay for goods and services) 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
Shares of customer experience software provider Sprinklr (NYSE:CXM) jumped 19.1% in the afternoon session after the company reported decent fourth-quarter 2024 results: Sales beat by a modest margin while EPS beat more convincingly. The key highlight for the quarter was the 18% increase in high-value customers spending over $1 million annually, which continued to help the more modest subscription revenue growth (up 3% year-over-year).
The Treasury makes its pitch to CEOs.
Price pressures eased more than expected in February, a relief for US consumers concerned about looming tariff effects.View on euronews
President Donald Trump named Paul Atkins as his pick to lead the agency but no hearing has been scheduled yet to confirm him.
(Bloomberg) -- Archer-Daniels-Midland Co. is exploring a sale of its futures brokerage arm, as the company weighs divestitures to slash costs, according to people familiar with the matter. Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsInside the ‘Not Architecture’ of High Line Designer
Rumble, an alternative video platform, announced it bought 188 Bitcoins for $17.1 million before the market crash.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
