News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Cleveland-Cliffs Inc. Faces Forecasted Revenue Growth Slowdown

It's been a mediocre week for Cleveland-Cliffs Inc. (NYSE:CLF) shareholders, with the stock dropping 11% to US$10.57 in the week since its latest full-year results. Revenues came in at US$19b, in line with expectations, while statutory losses per share were substantially higher than expected, at US$1.57 per share. This slowdown in revenue growth marks a significant shift for the company, which has historically demonstrated exceptional growth rates.

See Also

CapitaLand Investment Limited Misses Earnings Estimates and Analysts Revisit Forecasts Δ1.78

CapitaLand Investment Limited (SGX:9CI) just released its latest full-year report, and things are not looking great. The company's statutory earnings missed forecasts by an incredible 33%, coming in at just S$0.094 per share. The analysts' post-earnings forecasts for next year indicate a significant decline in revenue, with estimates suggesting a 21% drop over the past 12 months.

Abercrombie & Fitch Deepens Retail Gloom with Tepid Forecast, Shares Drop Δ1.78

Abercrombie & Fitch has projected a disappointing annual sales growth of only 3% to 5%, which has led to a significant 14% drop in its share value, reflecting broader retail challenges amidst high inflation. The company cited rising freight costs, increased promotions to clear excess inventory, and the impact of U.S. tariffs as factors contributing to the anticipated decline in margins and demand. Analysts express concerns that the brand's future sales may falter, jeopardizing its full-year targets as consumer spending remains cautious.

ICF International, Inc.'s Shares Plunged Amid Lower Analyst Estimates Δ1.78

ICF International, Inc. (NASDAQ:ICFI) shares plunged 21% in the week since its latest yearly results, closing yesterday at US$79.26. Revenues of US$2.0b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$5.82, missing estimates by 3.9%. This decline in EPS is a significant concern for investors, as it may indicate that the company's growth prospects are being reevaluated.

Corbion Beats Expectations Despite Revenue Decline Δ1.78

Corbion, a Netherlands-based chemicals company, reported full-year 2024 earnings that beat analyst estimates, despite a decline in revenue of 11% compared to the previous year. The company's net income decreased by 37%, but its profit margin remained relatively stable at 3.6%. Looking ahead, Corbion forecasts growth of 5.1% per annum for the next three years.

MongoDB Stock Crashed on Thursday Δ1.77

MongoDB's stock plummeted by 20.3% following the announcement of its Q4 2024 earnings, which, despite surpassing expectations, were overshadowed by disappointing guidance for 2025. The company reported a decline in gross profit margin and a significant drop in free cash flow, raising concerns about its financial health moving forward. Investors reacted negatively to the forecast of lower sales and earnings, signaling a potential downturn in the company's growth trajectory.

Key Players Drive Market Momentum Δ1.77

Bank of America's stock price is poised for a rebound after dipping 6.3% on Tuesday, driven by investor worries over the US economy and inflation under President Trump, as well as hints from Commerce Secretary Howard Lutnick that a tariff relief pathway may be available for Canada and Mexico. Meanwhile, investment giant BlackRock has led a consortium to buy majority stakes in ports on either end of the Panama Canal, with the $22.8bn deal aimed at countering pressure from Trump over alleged Chinese influence. The stock prices of these companies are among those trending on Wednesday.

Burlington Stores' Earnings Growth Outpaces Share Price Returns Δ1.77

Burlington Stores, Inc.'s share price has declined 14% over the month, but its three-year earnings growth trail the decent shareholder returns. The company's compound earnings per share growth of 4.0% per year lags behind its 10% per year gain in share price, indicating that market sentiment is more optimistic on the stock after several years of progress. Despite the decline in share price, Burlington Stores' shareholders have received a total return of 21% over one year.

The Market's Downward Spiral: Economic Growth Now the Key Driver of Equity Indices Δ1.77

Stocks have struggled to start 2025, with disappointing economic data and fears over President Trump's tariffs weighing on investors. Recent corporate earnings growth has been unable to lift stocks out of their slump, with the S&P 500 essentially flat on the year and about 5% off its all-time high. Strategists argue that a rebound in the economic growth story is key to reversing the recent equity market weakness.

Raymond James Financial (Rjf) Down 11.1% Since Last Earnings Report? Δ1.77

Raymond James Financial's recent earnings report showed a strong adjusted earnings per share, but investors are still reeling from a 11.1% decline in shares since the last earnings release. The company's robust IB and brokerage performance in the Capital Markets segment was a key driver of this success. Despite higher non-interest expenses acting as a headwind, Raymond James' financials benefited from solid growth in its PCG and Asset Management segments.

Abercrombie & Fitch Stock Hammered by Tariff Concerns — Why More Brutal Warnings Lurk Δ1.77

Investors are grappling with the potential seismic shift in the retail landscape as consumers' spending habits continue to evolve. The company's robust growth over two years has been followed by a disappointing earnings report, highlighting the challenges posed by tariffs on freight costs and consumer spending. Abercrombie & Fitch now expects net sales to grow at a slower pace than previously anticipated.

Corporate Bond Investors Face Uncertainty Amid Trade War Δ1.77

Pressure on corporate bond spreads is likely to persist as investors grow cautious of the domestic economic outlook and await the implications of the global trade war, which has already led to the widest spreads since October 2024. High-yield bond spreads hit a peak of 299 basis points, their widest since October 2024, while investment-grade spreads also widened this week to an almost five-month wide. The widening of corporate spreads reflects investors' concerns about the negative economic consequences of an ongoing or even intensifying trade war.

MongoDB Just Lost Nearly 24%-Here's Why Analysts Are Sounding the Alarm Δ1.76

MongoDB's shares fell nearly 24% after the company issued a disappointing outlook for fiscal year 2026, primarily due to concerns over declining non-Atlas revenue growth. The reliance on its Atlas cloud database, which constituted 71% of revenue in Q4 FY25, raises questions about the sustainability of its overall growth strategy as fewer multiyear deals come to fruition. Despite the stock's sharp decline, financial analysts have adjusted their price targets downward while maintaining positive ratings, signaling a cautious optimism amidst uncertainty.

ASTEEL Group Berhad Loses Ground: Financial Performance Takes a Hit Δ1.76

ASTEEL Group Berhad's Full Year 2024 Earnings report reveals a significant decline in revenue, with a 2.1% decrease from the previous year. The company also saw a notable narrowing of its net loss, improving by 64% compared to FY 2023. Despite this, the share price has taken a hit, dropping 14% over the past week.

AME Elite Consortium Berhad's Financial Woes Δ1.76

The conglomerate AME Elite Consortium Berhad reported a decline in revenue and net income for its third quarter 2025, with earnings per share (EPS) dropping by 15% from the same period last year. The company's profit margin also decreased to 11%, down from 12% in the previous quarter. Revenue is forecast to grow at an average rate of 19% over the next three years.

The S&P 500's Downside Risk Looms as Growth Concerns Mount Δ1.76

US stocks are at risk of slumping another 5% on worries about the hit to corporate earnings from tariffs and lower fiscal spending, according to Morgan Stanley’s Michael Wilson. The strategist expects the S&P 500 (^GSPC) to hit a low of about 5,500 points in the first half of the year, before recovering to 6,500 by end-2025. His year-end target implies a rally of 13% from current levels.

Credit Spreads Are on the Longest Widening Streak Since 2023 Δ1.76

Corporate bond spreads have widened for eight consecutive trading sessions, marking the longest stretch of increasing spreads in over a year, as investor concerns heighten regarding trade tensions and tariff impacts. The yield premiums on investment-grade corporate bonds surged to 90 basis points, reflecting growing anxiety about the adequacy of returns given the accompanying risks in the current credit market. Despite potential relief from upcoming Chinese stimulus measures and possible delays in U.S. tariffs, the overall outlook remains cautious among investors.

Canadian Natural Resources (Cnq) Faces Decline in Earnings: What to Look Out For Δ1.76

Canadian Natural Resources (CNQ) is expected to report a year-over-year decline in earnings due to lower revenues. The company's stock price may move higher if the actual results surpass expectations, but it may also drop if they miss. A positive earnings surprise could be driven by the Zacks Earnings ESP model, which compares the Most Accurate Estimate to the Zacks Consensus Estimate.

Nvidia (NVDA) Stock Is Slipping Today Δ1.76

Nvidia's 1% pullback today follows Morningstar's assertion that the stock is "fairly valued," with two technical analysts cautioning about its shares in statements to Yahoo Finance. The research firm expects the company's revenue growth to slow to 21% during its next fiscal year, citing a potential slowdown in demand for AI chips starting in 2026. This assessment contrasts with Morningstar's fair value estimate of $130.

5 Things to Know Before the Stock Market Opens Δ1.76

U.S. stock futures are indicating a downward trend following a volatile trading week, influenced by President Donald Trump's comments about potential economic recession and ongoing tariff policies. Meanwhile, Oracle's shares are dipping ahead of its anticipated earnings report, while Redfin's stock has surged due to its acquisition by Rocket Companies for $1.75 billion. Investors are also keeping an eye on the fluctuating yields of Treasury notes and the mixed performance of commodity futures, indicating a complex market environment.

Microsoft (Msft) Down 5.4% Since Last Earnings Report? Δ1.76

Microsoft reported second-quarter fiscal 2025 earnings of $3.23 per share, beating the Zacks Consensus Estimate by 3.86% and increasing 10.2% on a year-over-year basis. However, Microsoft stock fell as much as 6% in extended trading on decelerating growth in its Azure cloud infrastructure unit. The company's commercial business saw strong results, driven by increased demand for the Microsoft Cloud platform.

Clariant Full Year 2024 Earnings: EPS Misses Expectations Δ1.76

Clariant's full-year 2024 earnings missed expectations, with revenue down 5.1% from FY 2023 and net income up 45%. The company's profit margin increased to 5.9%, driven by lower expenses, but the earnings per share (EPS) fell short of analyst estimates. Despite this, revenue is forecast to grow at a slower pace than the Chemicals industry in Switzerland over the next three years.

Salesforce Stock Falls Amid Downbeat Revenue Outlook as Agentforce Adoption Lags Δ1.76

Salesforce forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its Agentforce platform, sending shares of the company down around 5% in premarket trading. The software-as-a-service pioneer is banking heavily on AI agents to reinvigorate growth at a time when other cloud firms have firmly established themselves as leaders in the sector while making strides in machine learning. The downbeat forecast indicates that the spending environment remains pressured, with enterprises withholding new financial commitments owing to still-high interest rates and economic uncertainty.

E&O Berhad Faces Financial Challenges Amid Revenue Growth Δ1.76

Eastern & Oriental Berhad's third-quarter 2025 earnings show a significant increase in revenue, but also reveal concerns over profitability and share performance. The company's net income declined by 10% from the same period last year, while its profit margin decreased to 18%. Despite this, Eastern & Oriental Berhad still forecasts an average annual growth rate of 11% for revenue over the next three years.

Ford (F): Buy, Sell, or Hold Post Q4 Earnings? Δ1.76

Over the past six months, Ford's stock price fell to $9.31, with shareholders losing 15.7% of their capital, disappointing considering the S&P 500 has climbed by 5.1%. This decline might have investors contemplating their next move, particularly given the company's history of underwhelming revenue growth. Despite a more favorable entry price, our analysts remain cautious due to concerns about Ford's ability to accelerate growth and maintain profitability.

Linde Plc (Nasdaq:lin) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind on the Stock's Prospects? Δ1.76

The full-year results for Linde plc (NASDAQ:LIN) were released last week, showing a credible result overall with revenues of US$33b and statutory earnings per share of US$13.62 in line with analyst estimates. Following the result, the analysts have updated their earnings model, but there has been no major change in expectations for the business. The most recent consensus forecast implies a 2.9% increase in revenue and a 9.2% increase in statutory earnings per share for next year.