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    Feb 24, 2025
    • Rivian Automotive Inc. eased 0.4% to $12.92 despite the electric vehicle manufacturer reporting revenue growth in the fourth quarter ending in December.

      Revenue increased to $1.73 billion from $1.31 billion, net loss shrank to $744 million from a loss of $1.52 billion, and net loss per diluted share declined to 70 cents from a loss of $1.58 a year ago.

      For fiscal 2025, the company estimated it would deliver between 46,000 and 51,000 vehicles, compared to 51,579 vehicles in 2024.

      Capital expenditures are expected to be between $1.60 billion and $1.70 billion, compared to a negative $1.14 billion, and adjusted EBITDA is expected to be between $1.70 billion and $1.90 billion, compared to an EBITDA loss of $2.68 billion in 2024.
      • Pool Corp. eased 0.1% to $344.0 after the swimming pool equipment provider reported lower revenue in the fourth quarter ending in December.

        Net sales decreased to $987.49 million from $1.00 billion, net income declined to $37.30 million from $51.44 million, and earnings per diluted share fell to 98 cents from $1.32 a year ago.

        For fiscal 2025, the company estimated earnings per share between $11.08 and $11.58, compared to $11.30 per share in 2024, and a gross margin between 29.7% and 30.0%, compared to 29.7% in 2024.
        • Robinhood Markets jumped 1.5% to $52.32 after the online trading platform operator said that the SEC is going to drop its investigation into its crypto unit. 
          • Apple Inc. decreased 0.5% to $243.31, and the popular smartphone maker said it plans to invest $500 billion in the U.S. in order to boost its artificial intelligence capabilities. 
            • Feb 21, 2025
            • Akamai Technologies Inc. plunged 7.2% to $90.97 after the cybersecurity and cloud services provider reported a lower profit in the fourth quarter ending in December.

              Revenue increased to $1.02 billion from $995.02 million, net income declined to $139.90 million from $161.16 million, and earnings per diluted share fell to 91 cents from $1.03 a year ago.

              The company spent $138 million in the quarter to repurchase 1.4 million shares of its common stock at an average price of $97.43 per share.

              Akamai had 150 million shares of common stock outstanding as of the end of 2024.

              For the first quarter of 2025, the company estimated revenue between $1 billion and $1.02 billion, compared to $987.0 million in the same period in 2024.
              • Booking Holdings Inc. gained 2.1% to $5,125 after the travel technology company reported strong financial results for the fourth quarter ending in December.

                Revenue increased to $5.47 billion from $4.78 billion, net income surged to $1.07 billion from $222 million, and earnings per basic share jumped to $32.31 from $6.37 a year ago.

                Interest and dividend income in the quarter increased to $251 million from $237 million a year earlier.

                In addition, the company announced a new share repurchase program of up to $20 billion.
                • Builders FirstSource Inc. gained 0.1% to $144.50 after the building materials supplier reported lower earnings in the fourth quarter ending in December.

                  Net sales declined to $3.82 billion from $4.15 billion, net income decreased to $190.2 million from $350.8 million, and earnings per diluted share fell to $1.65 from $2.83 a year ago.

                  For fiscal 2025, the company estimated net sales between $16.5 billion and $17.5 billion, compared to $16.40 billion in 2024.

                  Builders FirstSource also guided the adjusted EBITDA between $1.9 billion and $2.3 billion in 2025, compared to $2.33 billion last year.

                  The adjusted EBITDA margin is expected to be between 11.5% and 13.0%, compared to 14.2% in 2024.
                  • Copart Inc. eased 0.2% to $58.12 after the global provider of online vehicle auction and remarketing services to automotive resellers reported earnings results for the second quarter of 2025 ending in January.

                    Revenue increased 14% to $1.16 billion from $1.02 billion, net income jumped 19% to $387.40 million from $325.63 million, and earnings per diluted share rose 21.2% to 40 cents from 33 cents a year ago.
                    • MercadoLibre Inc. traded up 12% to $2,364 after the Argentine e-commerce and online auctions company reported strong earnings for the fourth quarter ended in December.

                      Revenue climbed to $6.06 billion from $4.41 billion, net income surged to $639 million from $165 million, and earnings per diluted share rose to $12.61 from $3.25 a year ago.

                      The company’s share price has soared since its initial public offering in August 2007.
                      • Feb 20, 2025
                      • Carvana Co. plunged 9.9% to $253.77 after the online used car retailer reported fourth quarter 2024 earnings results.

                        The company sold 114,379 retail units in the quarter, up 50% from a year ago.

                        Revenue increased to $3.5 billion from $2.4 billion, net income swung to a profit of $159 million from a loss of $200 million, and diluted earnings per share was 56 cents compared to a loss of $1.0 a year ago.