Supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) announced better-than-expected revenue in Q1 CY2025, with sales up 3.2% year on year to $262.8 million. The company’s full-year revenue guidance of $1.07 billion at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $1.19 per share was 15.7% above analysts’ consensus estimates.
Enterprise workflow software provider Pegasystems (NASDAQ:PEGA) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 44.1% year on year to $475.6 million. Its non-GAAP profit of $1.53 per share was significantly above analysts’ consensus estimates.
- TMTG has signed a binding agreement with Crypto.com for an ETF launch. - The ETFs will focus on digital assets and "Made in America" investments. - The agreement follows last week's launch of America-First-themed SMAs.
Electric vehicle pioneer Tesla (NASDAQ:TSLA) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 9.2% year on year to $19.34 billion. Its GAAP profit of $0.12 per share was 58.4% below analysts’ consensus estimates.
The provider of systems to run finance, sales, supply chain and other corporate functions on Tuesday reported an adjusted operating profit of 2.5 billion euros ($2.86 billion) for the first quarter, beating analysts' expectations for 2.22 billion. Analysts said the stock performance was due to improved results on the most important metrics - free cash flow, cloud order backlog and operating profit - and SAP maintaining its outlook for cloud revenues in a range of 21.6 billion euros ($24.60 billion) to 21.9 billion euros for this year. Finance chief Dominik Asam said the operating profit was "testament to our cost discipline".
The S&P 500 climbed 2.5% after a broad market selloff on Monday.
Home energy technology company Enphase (NASDAQ:ENPH) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 35.2% year on year to $356.1 million. Next quarter’s revenue guidance of $360 million underwhelmed, coming in 4% below analysts’ estimates. Its non-GAAP profit of $0.68 per share was 6% below analysts’ consensus estimates.
Luxury casino and resort operator Monarch (NASDAQ:MCRI) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3.1% year on year to $125.4 million. Its GAAP profit of $1.05 per share was 6.1% above analysts’ consensus estimates.
As gold prices keep hitting record highs, Jefferies analysts said shares of companies that mine the precious metal could still have room to rise.
Bitcoin, the world's largest cryptocurrency, rose 5.01% to $91,713.49, after earlier breaking through the $90,000 for the first time since March as U.S. President Donald Trump's trade policies have rocked global markets.
