News

Torrid’s (NYSE:CURV) Q4 Sales Top Estimates, Stock Soars

Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 6.1% year on year to $275.6 million. On the other hand, next quarter’s revenue guidance of $269 million was less impressive, coming in 3% below analysts’ estimates. Its GAAP loss of $0.03 per share was 60% above analysts’ consensus estimates.

JPMorgan Enters an Infamous Short-Volatility Market With ETN

(Bloomberg) -- With worries over US trade policy roiling Wall Street, JPMorgan Chase & Co. is repackaging a well-known strategy that would profit if the turbulence subsided.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoAmtrak CEO Departs Amid Threats of a Transit Funding PullbackDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNYC Plans for Flood Protection Without Federal Funds

Micron (NASDAQ:MU) Beats Q1 Sales Targets, Next Quarter’s Sales Guidance is Optimistic

Memory chips maker Micron (NYSE:MU) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 38.3% year on year to $8.05 billion. On top of that, next quarter’s revenue guidance ($8.8 billion at the midpoint) was surprisingly good and 3.2% above what analysts were expecting. Its non-GAAP profit of $1.56 per share was 9.5% above analysts’ consensus estimates.