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Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand driven by AI after President Trump announced a $500 billion AI infrastructure project.
Stocks were mixed on Thursday, with momentum stalling after the S&P 500 closed near record highs on Wednesday. Investors parsed fresh jobless claims data.
(Bloomberg) -- A late-day rebound in technology companies helped drive stocks to all-time highs, extending an advance fueled by President Donald Trump’s call for lower oil prices and interest rates.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Alm
(Bloomberg) -- Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHo
Texas Instruments reported fourth-quarter profits that topped analysts' estimates, but its earnings outlook fell short of expectations, sending shares lower after the bell Thursday.
Freight and logistics provider Covenant Logistics (NASDAQ:CVLG) missed Wall Street’s revenue expectations in Q4 CY2024 as sales only rose 1.2% year on year to $277.3 million. Its non-GAAP profit of $0.49 per share was in line with analysts’ consensus estimates.
Freight rail services provider CSX (NASDAQ:CSX) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 3.8% year on year to $3.54 billion. Its non-GAAP profit of $0.42 per share was in line with analysts’ consensus estimates.
Stocks steady as investors stay focused on what Trump's intentions are.
Analog chip manufacturer Texas Instruments (NASDAQ:TXN) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 1.7% year on year to $4.01 billion. Guidance for next quarter’s revenue was better than expected at $3.9 billion at the midpoint, 1.3% above analysts’ estimates. Its GAAP profit of $1.30 per share was 8.3% above analysts’ consensus estimates.