WPP stock slumps 15% as ad spending takes a back seat, pushing 2024 revenues down
WPP's CEO Mark Read noted that the revenue slip was partly due to “weaker client discretionary spend.”
Privia Health (NASDAQ:PRVA) Surprises With Q4 Sales But Full-Year Sales Guidance Misses Expectations
Healthcare tech company Privia Health Group (NASDAQ:PRVA) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $460.9 million. On the other hand, the company’s full-year revenue guidance of $1.85 billion at the midpoint came in 2.2% below analysts’ estimates. Its non-GAAP profit of $0.21 per share was in line with analysts’ consensus estimates.
Dentsply Sirona (NASDAQ:XRAY) Misses Q4 Sales Targets, Stock Drops
Dental products company Dentsply Sirona (NASDAQ:XRAY) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.6% year on year to $905 million. The company’s full-year revenue guidance of $3.55 billion at the midpoint came in 5% below analysts’ estimates. Its non-GAAP profit of $0.26 per share was 40.1% below analysts’ consensus estimates.
LifeStance Health Group (NASDAQ:LFST) Beats Expectations in Strong Q4, Stock Soars
Behavioral health company LifeStance Health (NASDAQ:LFST) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 16% year on year to $325.5 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $330 million was less impressive, coming in 2.3% below expectations. Its GAAP loss of $0.02 per share was $0.02 above analysts’ consensus estimates.
Pakistan to Set Up Council to Oversee Crypto Policy: Report
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
S&P 500, Nasdaq fall as Nvidia swings to red, economic data disappoints
The benchmark S&P 500 and tech-heavy Nasdaq fell on Thursday, after Nvidia shares swung to losses as investors focused on signs of increased AI spending in the industry, and data suggested a cooling U.S. economy. Nvidia gave up early gains and fell 2.7% - a contrast to outsized gains the stock witnessed after some of its earlier results announcements. Five of the S&P 500's 11 sectors traded lower, led by a 1.2% decline in technology stocks.
RBC Beats Estimates on Strong Capital-Markets, Wealth Results
(Bloomberg) -- Royal Bank of Canada beat estimates on higher results in its capital-markets and wealth-management divisions as both units benefited from strong markets.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis Ea
The stock market might be Trump's strongest check and balance: Morning Brief
President Trump has redefined the presidential powers in his second term, with little pushback from Congress or the judiciary. But as the economic mood sours, markets may present themselves as a tempering influence.
Money market account rates today, February 27, 2025 (earn up to 4.51% APY)
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
From egg prices to housing, US inflation is heating up again
(Bloomberg) -- No matter what metric you’re looking at, US inflation is moving in the wrong direction again.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis EasesWhether it’s a house or a carton of eggs, price growth is