News

Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.

Quintenz previously served as CFTC commissioner and is currently leading policy at a16z's crypto arm.

Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 4.6% in the afternoon session after the company reported strong fourth-quarter results, significantly surpassing analysts' sales and profit expectations. Its service request volume, a key pulse check on customer demand, exceeded Wall Street estimates, driving the revenue beat. The company didn't explicitly provide sales forecasts but gave EBITDA guidance in line with consensus estimates, which is reassuring. Zooming out, we th

Shares of sensor manufacturer Sensata Technology (NYSE:ST) jumped 9.3% in the morning session after the company reported strong fourth-quarter results, which beat analysts' revenue, EBITDA, and EPS expectations. Notably, margins expanded significantly, as operating Margin rose to 8.1%, up from -20.3% in the same quarter last year. Inventory levels also improved. On the other hand, its revenue and EPS guidance for the next quarter missed. Overall, the outlook made this a weaker quarter because ma

Shares of rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) fell 11.1% in the morning session after the company delivered a weaker-than-expected quarter, with both revenue and EPS missing estimates and guidance for both metrics coming in below Wall Street's expectations. Growth was weighed down by the Freight segment, where sales were nearly flat​. The Transit segment, however, grew 7.1%, helping lift overall revenue by 2.3%​. Wabtec also introduced a new five-year forecast,

Shares of online real estate marketplace Zillow (NASDAQ:ZG) fell 14.9% in the morning session after the company reported disappointing fourth-quarter quarterly results as it provided quarterly guidance for sales and EBITDA below Wall Street's expectations.

Shares of ride sharing service Lyft (NASDAQ: LYFT) fell 14.6% in the pre-market session after the company reported disappointing fourth-quarter results: Its revenue slightly missed, and its EBITDA guidance for the next quarter fell short of Wall Street's estimates. The outlook suggests some bumps in the road ahead, but this quarter still had its bright spots as Lyft blew past analysts' EBITDA and EPS expectations. Expectations had soared earlier in the week after the company signaled a possible