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(Bloomberg) -- Europe’s biggest energy producers and traders warned the European Commission against introducing a gas price cap as a tool during times of crisis, after some officials raised the idea in recent months.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans

(Bloomberg) -- As a post-election rally in the shares of electric-vehicle maker Tesla Inc. rapidly unwinds, some market watchers are spotting a lucrative trading opportunity. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThe pr

On-demand food delivery service DoorDash (NYSE:DASH) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 24.8% year on year to $2.87 billion. Its GAAP profit of $0.33 per share was in line with analysts’ consensus estimates.

Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.

Biopharmaceutical company Gilead Sciences (NASDAQ:GILD) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.4% year on year to $7.57 billion. The company expects the full year’s revenue to be around $28.4 billion, close to analysts’ estimates. Its non-GAAP profit of $1.90 per share was 11.7% above analysts’ consensus estimates.

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 8.5% year on year to $907.7 million. On the other hand, next quarter’s revenue guidance of $880 million was less impressive, coming in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.76 per share was 1.4% above analysts’ consensus estimates.

Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.1% year on year to $495.7 million. Its GAAP profit of $0.76 per share was 58.7% above analysts’ consensus estimates.