News

Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' gross margin and organic revenue estimates. Looking ahead, Hershey expects at least 2% revenue growth in 2025, but earnings are projected to decline due to continued pressure from high cocoa prices and increased operating expenses​. Overall, we think this was a decent quarter with some key metrics above expectations.

Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 18.3% in the pre-market session after the company delivered a "beat-and-raise" quarter, its first since the $8.5 billion acquisition of Capri Holdings was called off due to antitrust concerns. Tapestry blew past analysts' constant currency revenue expectations. Its full-year revenue guidance was lifted, and full-year EPS guidance came in much higher than Wall Street's estimates. You may have noticed that EPS missed, but this was la

Shares of automotive manufacturer Ford (NYSE:F) fell 6.8% in the morning session after the company reported underwhelming fourth-quarter results, as 2025 guidance threw some cold water on things. The outlook was in line to below expectations and "presumes headwinds related to market factors." On the other hand, Ford blew past analysts' sales volume expectations this quarter. Its revenue also outperformed Wall Street's estimates by a wide margin. Overall, this was a mixed yet weaker quarter.

Luxury Clothing Brand Among Biggest S&P 500 Gainers Thursday

Strategy (formerly MicroStrategy) reported a $1.016 billion Q4 2024 loss, largely due to Bitcoin impairment charges.

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Trump Media and Technology Group said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF. Trump Media and Technology Group (TMTG) is yet to file for all six products with the U.S. Securities and Exchange Commission.