NYSEARCA:SPY - American Stock Exchange - US78462F1030 - ETF - Currency: USD
Uber’s Q4 net income rose 382% YoY to $6.88 billion. However, the figure includes a $6.4 billion benefit from a tax valuation release and a $556 million benefit (pre-tax) due to net unrealized gains related to the revaluation of Uber’s equity investments.
Private employers added 183,000 jobs in Jan. 2025, beating expectations. Service-providing industries saw gains while goods-producing sectors lagged.
U.S. markets close higher as optimism grows over potential U.S.-China trade breakthrough. Trump delays tariffs, Palantir surges 24%, Fed warns of inflation risks, and job openings miss expectations.
Gardasil, its HPV vaccine, posted a 17% decline in sales to $1.55 billion, primarily due to lower demand in China.
Under its restructuring program, Pfizer said it remains on track to deliver $4.5 billion in cost savings by the end of 2025.
Uber is expected to report earnings per share (EPS) of $0.48 on revenue of $11.78 billion during the fourth quarter.
Revenue rose 4.26% year-over-year (YoY) to $8.37 billion compared to a Wall Street estimate of $8.28 billion, according to FinChat. Earnings per share (EPS) came in at $1.19 versus an analyst estimate of $1.12.
HSBC says that the company is returning to growth and that consensus estimates are “low enough” for Aptiv to start delivering positive surprises.
CEO Peter Konieczny commented on the company’s planned merger with Berry Global, emphasizing its potential to enhance customer value and shareholder returns.
While the company exceeded earnings per share (EPS) estimates, its revenue fell short of Wall Street expectations.
Palantir said its fourth-quarter U.S. commercial total contract value climbed 134% YoY and 170% sequentially to a record $803 million.
The company posted earnings per share of $1.55, beating estimates of $1.40
Sentiment on Stocktwits improved to ‘extremely bullish’ from ‘bullish’ a day ago.
According to a Barron’s report, about 15% of the parts in a Model Y sold in the U.S. come from Mexico.
According to a CNBC report, Jones noted that the Treasury is issuing a record amount of debt, over double the number in 2017.
More than 72% of the respondents believe Uber stock will gain 30% or more in 2025. Nineteen percent of the respondents expect the stock to rise but see the gains capped below 30%.
The brokerage said that after two consecutive quarterly earnings before interest and taxes (EBIT) misses, expectations for Caterpillar have reset to lower.
The move will further expand trading opportunities for investors worldwide, enabling them to react to global macroeconomic events as they are happening, manage risk more effectively, and adjust positions around the clock.