Author: Daniel Wilson

Guardant Health’s (NASDAQ:GH) Q4: Beats On Revenue Diagnostics company Guardant Health (NASDAQ:GH) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 30.2% year on year to $201.8 million. Its GAAP loss of $0.90 per share was 12.4% below analysts’ consensus estimates. Is now the time to buy Guardant Health? Find out in our full research report. Revenue: $201.8 million vs analyst estimates of $192.6 million (30.2% year-on-year growth, 4.8% beat) EPS (GAAP): -$0.90 vs analyst expectations of -$0.80 (12.4% miss) Management’s revenue guidance for the upcoming financial year 2025 is $855 million at the midpoint Operating Margin: -62.4%,…

(Bloomberg) — Michael Saylor is stepping up plans to tap capital markets to accelerate Strategy’s Bitcoin buying binge, saying the firm will issue up to $21 billion of preferred stock and use the proceeds to buy more of the cryptocurrency. Most Read from Bloomberg The 8% series A perpetual-strike preferred shares, which are convertible into class A common stock, will be sold in an “at the market offering” program, the company said in a press release on Monday. The sales of preferred stock— rare, debt-like securities — would build on a deal the company struck in January when it raised…

(Bloomberg) — Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth. Most Read from Bloomberg Speculation that Trump would pour stimulus onto the nation’s expansion — and keep upward pressure on Treasury yields — is being rapidly swept aside less than two months into his presidency. Instead, traders have been piling into short-dated Treasuries, pulling the two-year yield down sharply since mid-February, on expectations the Federal Reserve will resume cutting interest rates as soon as June to keep…

(Bloomberg) — Equities and Treasury yields fell on Monday as concerns about the health of the US economy weighed on investors’ appetite for risk. Most Read from Bloomberg A gauge of Asian shares dropped as equity futures contracts for the S&P 500 declined 0.4% and those for the tech-heavy Nasdaq 100 also fell. Treasury yields slipped across maturities as investors sought the safety of fixed income assets. The shift toward havens lifted both the yen and the Swiss franc, while a gauge of the dollar held just shy of its lowest since November as confidence in further US economic outperformance…

(Bloomberg) — An unprecedented accumust weekation of power in Indonesia’s corporate st weekandscape is fueling investor concern about political influence and transparency in Southeast Asia’s biggest equity market. Most Read from Bloomberg Newly launched sovereign wealth fund Danantara — which has a direct reporting line to President Prabowo Subianto — announced last month it would take over management of seven state-owned enterprises. Its holdings include three of the nation’s biggest banks, with total assets of more than $340 billion. Worries about the deal sent shares tumbling by the most in weeks, pressuring a stock market that’s already one of the…

European defense stocks surged on Monday after leaders met with Zelenskyy in London. Ukraine’s president left Washington on Friday without a minerals deal after clashing with Trump. Rheinmetall, BAE Systems, and Leonardo rose sharply amid expectations of higher defense spending. European defense stocks surged again on Monday as the UK, France, and Ukraine agreed to work on a peace deal following Volodymyr Zelenskyy’s clash with President Donald Trump. European leaders met with the Ukraine president in London on Sunday. Expectations of rising demand for weapons and other military equipment are behind the stock surges on European markets. UK Prime Minister…

(Bloomberg) — Global fund managers are in no rush to load up on Indian stocks even after an unprecedented losing streak has lowered equity valuations. Most Read from Bloomberg That’s because the market is still grappling with challenges posed by an economic slowdown, profit downgrades and potential US tariffs. Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence. The sentiment illustrates how the highly touted stock rotation from China to India has gone into reverse as growth in the South Asian economy…

Brandon Bell / Staff / Getty Images The latest Consumer Price Index due Wednesday will show whether inflation eased in February. Jobs data and consumer sentiment surveys are also scheduled for release this week. Oracle and Adobe are set to report earnings, along with Dick’s Sporting Goods, Ulta Beauty, Dollar General, and more. The latest reports on inflation, jobs, and consumer sentiment could be in the spotlight this week, with Wednesday’s release of the Consumer Price Index (CPI) offering a key update on price pressures in February. Investors will also be watching for scheduled earnings reports from tech giants Oracle…

The Federal Reserve cut its target rate three times in 2024. So deposit rates — including money market account (MMA) rates — have started falling. It’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. The national average money market account rate stands at 0.64%, according to the FDIC. Even so, some of the top accounts are currently offering rates of 4% APY and up. Since these rates may not be around much longer, consider opening a money market account now to take advantage of today’s high rates. Here’s a…

(Bloomberg) — Across financial markets, America is no longer first. Most Read from Bloomberg Just weeks ago, investors were hailing Donald Trump’s return to the White House as a reason to bet that his blend of tax cuts and tariffs would supercharge economic growth, in turn boosting US stocks and the dollar at the expense of international peers. The so-called Trump trades were on. Now that mood has quickly soured. The president’s on-again-off-again trade war, aggressive posture toward Ukraine and a wave of Elon Musk-driven government cuts have united with a suddenly weakening economy to undermine sentiment. The Trump bump…