Revenue declined 46% year-over-year to $18.54 million but came in better than a Wall Street estimate of $9.38 million, according to Stocktwits data. Adjusted losses stood at $1.32 per share compared to a projected loss of $1.90.
Investor attention is now on whether Merck will confirm a formal offer as speculation over a potential acquisition continues dominating discussions around the stock.
The company also said that it does not expect Athena to recharge given the direction of the sun, the orientation of the solar panels, and the extremely cold temperatures in the crater.
According to TheFly, JPMorgan analyst Melissa Wedel raised the firm's price target on LendingTree to $68 from $65 while keeping an ‘Overweight’ rating on the shares.
According to TheFly, Baird noted that the risk-reward ratio in the U.S. banks group has improved after this week's weakness in share prices. The recent weakness in the bank group has created an opportunity to get more constructive, it added.
The top- and bottom-line results exceeded the high end of the guidance issued in early December, but the topline growth decelerated notably from the previous quarter’s 36% growth.
The $11.45 offer represents an 8% premium to Walgreens stock’s closing price Thursday and 29% on Dec. 9, 2024, the day before the first media reports regarding a potential transaction emerged.
Among the news tools announced by Reddit is post-insights that will now give feedback to users with views, upvotes, shares, etc, for their posts to improve their future posts.
Loop Capital acknowledged that while Marvell’s results fell short of the market’s high expectations, AI and cloud growth remain key drivers for the stock.
Michael Saylor’s recent comments around the U.S. acquiring one million Bitcoin has crypto investors watching Strategy’s stock closely ahead of the White House Digital Assets Summit.
