Cathie Wood is a top investor to watch, thanks in large part to her focus on owning disruptive and innovative businesses operating within cutting-edge technologies. Ark Invest, the firm she runs, offers numerous exchange-traded funds (ETFs) for investors looking to gain exposure. Wood is known for making bold predictions that catch a lot of attention.
Healthcare tech company GoodRx (NASDAQ:GDRX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $198.6 million. On the other hand, the company expects next quarter’s revenue to be around $203 million, close to analysts’ estimates. Its non-GAAP profit of $0.09 per share was in line with analysts’ consensus estimates.
WPP's CEO Mark Read noted that the revenue slip was partly due to “weaker client discretionary spend.”
Healthcare tech company Privia Health Group (NASDAQ:PRVA) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $460.9 million. On the other hand, the company’s full-year revenue guidance of $1.85 billion at the midpoint came in 2.2% below analysts’ estimates. Its non-GAAP profit of $0.21 per share was in line with analysts’ consensus estimates.
Dental products company Dentsply Sirona (NASDAQ:XRAY) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.6% year on year to $905 million. The company’s full-year revenue guidance of $3.55 billion at the midpoint came in 5% below analysts’ estimates. Its non-GAAP profit of $0.26 per share was 40.1% below analysts’ consensus estimates.
Behavioral health company LifeStance Health (NASDAQ:LFST) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 16% year on year to $325.5 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $330 million was less impressive, coming in 2.3% below expectations. Its GAAP loss of $0.02 per share was $0.02 above analysts’ consensus estimates.
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
The benchmark S&P 500 and tech-heavy Nasdaq fell on Thursday, after Nvidia shares swung to losses as investors focused on signs of increased AI spending in the industry, and data suggested a cooling U.S. economy. Nvidia gave up early gains and fell 2.7% - a contrast to outsized gains the stock witnessed after some of its earlier results announcements. Five of the S&P 500's 11 sectors traded lower, led by a 1.2% decline in technology stocks.
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President Trump has redefined the presidential powers in his second term, with little pushback from Congress or the judiciary. But as the economic mood sours, markets may present themselves as a tempering influence.
