Latest news with #3.6
Newsweek
26-05-2025
- Sport
- Newsweek
NBA Rumors: Chris Paul Reportedly Drawing Interest From Surprising West Team
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The San Antonio Spurs had veteran star point guard Chris Paul leading their offense during the 2024-25 NBA season. After signing a one-year deal worth just under $10.5 million last offseason, Paul played a solid year alongside Victor Wembanyama and company. Even at 40 years old, Paul has proven himself capable of being a key role player. Heading into the upcoming NBA offseason, Paul will hit free agency again. There are quite a few teams that could have interest in bringing him onboard. Chris Paul #3 of the San Antonio Spurs handles the ball against the Houston Rockets during the second half at Toyota Center on February 26, 2025 in Houston, Texas. Chris Paul #3 of the San Antonio Spurs handles the ball against the Houston Rockets during the second half at Toyota Center on February 26, 2025 in Houston, Texas. Photo byPaul played in all 82 games during the 2024-25 season with San Antonio. He averaged 8.8 points, 7.4 assists, 3.6 rebounds, and 1.3 steals per game, while shooting 42.7 percent from the floor and 37.7 percent from three-point range. Read more: Lakers Trade Rumors Spark Fiery Reaction From Austin Reaves' Agent One team in particular has been reported to have some level of interest in signing Paul. According to a report from NBA insider Marc Stein, the Dallas Mavericks are interested in signing the longtime star. They are looking to add a point guard this offseason, and Stein also listed both Lonzo Ball and Jrue Holiday as potential targets. "League sources say Dallas is expected to at least explore whether there are any feasible trade pathways to Boston's Jrue Holiday — complicated as that would likely be given the three years and $104 million still left on Holiday's contract — while also maintaining an interest in a far more reasonable trade target as we've discussed on the DLLS Mavs podcast: Lonzo Ball," Stein wrote. "Another name to monitor for Dallas: Chris Paul. The free agent-to-be just turned 40 on May 6, but Paul also just played (and started) 82 games in his maiden season as a San Antonio Spur." Kyrie Irving is the current starting point guard for the Mavericks. However, he is coming off a torn ACL that he suffered later in the season. Read more: Celtics' Jaylen Brown Speaks Out Strongly Amid Trade Rumors While he should be back healthy for the 2025-26 season, Dallas may be searching for a player who can come in and take pressure off of Irving. Adding a player like Paul would give Irving the opportunity to play off the ball at times. Only time will tell, but Paul and the Mavericks appear to be a potential fit to keep an eye on. Dallas will have Anthony Davis and Irving together for their first full season next year. Cooper Flagg is also expected to join the roster with the No. 1 overall pick in the 2025 NBA Draft. Bringing in Paul could be another big piece to push for an NBA Finals run. For more Dallas Mavericks and general NBA news, head over to Newsweek Sports.
Yahoo
22-05-2025
- Business
- Yahoo
Spotting Winners: GXO Logistics (NYSE:GXO) And Air Freight and Logistics Stocks In Q1
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at air freight and logistics stocks, starting with GXO Logistics (NYSE:GXO). The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 6 air freight and logistics stocks we track reported a strong Q1. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 3.5% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. With notable customers such as Nike and Apple, GXO (NYSE:GXO) manages outsourced supply chains and warehousing for various companies. GXO Logistics reported revenues of $2.98 billion, up 21.2% year on year. This print exceeded analysts' expectations by 1.4%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' adjusted operating income estimates. GXO Logistics scored the fastest revenue growth of the whole group. Unsurprisingly, the stock is up 4.4% since reporting and currently trades at $39.78. Is now the time to buy GXO Logistics? Access our full analysis of the earnings results here, it's free. Expeditors (NYSE:EXPD) offers air and ocean freight as well as brokerage services. Expeditors reported revenues of $2.67 billion, up 20.8% year on year, outperforming analysts' expectations by 3.6%. The business had a stunning quarter with an impressive beat of analysts' EBITDA estimates. Expeditors delivered the biggest analyst estimates beat among its peers. The market seems content with the results as the stock is up 1.5% since reporting. It currently trades at $113.47. Is now the time to buy Expeditors? Access our full analysis of the earnings results here, it's free. Started with $10,000, Hub Group (NASDAQ:HUBG) is a provider of intermodal, truck brokerage, and logistics services, facilitating transportation solutions for businesses worldwide. Hub Group reported revenues of $915.2 million, down 8.4% year on year, falling short of analysts' expectations by 5.7%. It was a softer quarter as it posted full-year revenue guidance missing analysts' expectations. Hub Group delivered the weakest performance against analyst estimates and slowest revenue growth in the group. Interestingly, the stock is up 2.6% since the results and currently trades at $34. Read our full analysis of Hub Group's results here. Sporting one of the largest air cargo fleets in the world, FedEx (NYSE:FDX) is a global provider of parcel and cargo delivery services. FedEx reported revenues of $22.16 billion, up 1.9% year on year. This print surpassed analysts' expectations by 0.9%. Aside from that, it was a slower quarter as it logged full-year EPS guidance missing analysts' expectations. The stock is down 12.2% since reporting and currently trades at $216.10. Read our full, actionable report on FedEx here, it's free. Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ:CHRW) offers freight transportation and logistics services. C.H. Robinson Worldwide reported revenues of $4.05 billion, down 8.3% year on year. This number missed analysts' expectations by 4.9%. More broadly, it was actually a strong quarter as it recorded a solid beat of analysts' EBITDA estimates. The stock is up 8.6% since reporting and currently trades at $96.80. Read our full, actionable report on C.H. Robinson Worldwide here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
21-05-2025
- Business
- Yahoo
Consumer Internet Stocks Q1 Teardown: Coinbase (NASDAQ:COIN) Vs The Rest
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer internet stocks, including Coinbase (NASDAQ:COIN) and its peers. The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible. The 49 consumer internet stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was in line. Luckily, consumer internet stocks have performed well with share prices up 11.5% on average since the latest earnings results. Widely regarded as the face of crypto, Coinbase (NASDAQ:COIN) is a blockchain infrastructure company updating the financial system with its trading, staking, stablecoin, and other payment solutions. Coinbase reported revenues of $2.03 billion, up 24.2% year on year. This print fell short of analysts' expectations by 3.6%. Overall, it was a slower quarter for the company with EBITDA in line with analysts' estimates. Interestingly, the stock is up 28.2% since reporting and currently trades at $264.80. Is now the time to buy Coinbase? Access our full analysis of the earnings results here, it's free. Known for its glass tower car vending machines, Carvana (NYSE:CVNA) provides a convenient automotive shopping experience by offering an online platform for buying and selling used cars. Carvana reported revenues of $4.23 billion, up 38.3% year on year, outperforming analysts' expectations by 6.2%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates and impressive growth in its units. The market seems happy with the results as the stock is up 18.4% since reporting. It currently trades at $306.20. Is now the time to buy Carvana? Access our full analysis of the earnings results here, it's free. Founded by consignment store aficionado Julie Wainwright, The RealReal (NASDAQ: REAL) is an online marketplace for buying and selling secondhand luxury goods. The RealReal reported revenues of $160 million, up 11.3% year on year, in line with analysts' expectations. It was a slower quarter as it posted full-year EBITDA guidance missing analysts' expectations. As expected, the stock is down 25.3% since the results and currently trades at $5.45. Read our full analysis of The RealReal's results here. With a mission to democratize finance, Robinhood (NASDAQ:HOOD) is an online consumer finance platform known for its commission-free stock and crypto trading. Robinhood reported revenues of $927 million, up 50% year on year. This number beat analysts' expectations by 1.2%. Taking a step back, it was a slower quarter as it logged a miss of analysts' EBITDA estimates. The company reported 25.8 million users, up 7.9% year on year. The stock is up 31.2% since reporting and currently trades at $64.50. Read our full, actionable report on Robinhood here, it's free. Formed through the 2013 merger of Elance and oDesk, Upwork (NASDAQ:UPWK) is an online platform where businesses and independent professionals connect to get work done. Upwork reported revenues of $192.7 million, flat year on year. This result surpassed analysts' expectations by 2.2%. More broadly, it was a mixed quarter as it also produced an impressive beat of analysts' EBITDA estimates but a decline in its customers. The company reported 812,000 active customers, down 6.9% year on year. The stock is up 24.2% since reporting and currently trades at $16.53. Read our full, actionable report on Upwork here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
12-05-2025
- Business
- Business Recorder
Indian benchmarks rally 3%, eye best day in nearly a year on India-Pakistan truce
India's benchmarks jumped over 3% and were on track to log their best session in almost a year on Monday after the country reached and held a ceasefire with Pakistan over the weekend, following the worst cross-border clashes in nearly three decades. The Nifty 50 and the BSE Sensex gained about 3.25% each to 24,787.8 and 81,958.04, respectively, as of 1:12 p.m. IST, on track to recover the 1.5% they lost since India's strikes on Pakistan on Wednesday. If gains hold, the benchmarks will log their best single-day jump since June 5, 2024, when markets surged after the ruling National Democratic Alliance's victory in the national elections. Meanwhile, Pakistan's stock exchange halted trading on Monday for an hour, after the benchmark KSE-100 share jumped 8.84% in early trade. It was last up 9.4%. The easing of hostilities allows focus to return to growth and trade in the world's fifth largest economy, analysts said, adding that the conflict will not have a material impact on India's economy. 'Assuming the ceasefire is adhered to by both countries, we keep all our macro forecasts unchanged,' Barclays said in a note. Indian shares rally on India-Pakistan ceasefire 'We see India grow at a solid 6.5% year-on-year in FY25-26, benefiting from relative insulation to global trade uncertainty and strong progress in 'trade talks' with the US administration,' it added. On Monday, all 13 major sectors logged gains. The broader small- and mid-caps rallied 4% and 3.6%, respectively. The volatility index, nicknamed the 'fear gauge', was set to snap an eight-day rising streak, offering some relief to investors as a fragile ceasefire seemed to hold after initial violations. 'With the first sign of de-escalation, we are likely seeing the floodgates open in terms of foreign inflows as the global risk-sentiment is also turning positive on easing trade tensions,' said Abhishek Goenka, founder and CEO of IFA Global. FPIs have been net buyers of Indian stocks so far in May, purchasing $1.7 billion worth of shares, as of Friday's close. Tourism and travel-related stocks, which were the worst hit due to the conflict, surged 5.5% on Monday.
Yahoo
07-05-2025
- Business
- Yahoo
Nature's Sunshine (NASDAQ:NATR) Beats Q1 Sales Targets
Wellness products company Nature's Sunshine (NASDAQ:NATR) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 2% year on year to $113.2 million. The company expects the full year's revenue to be around $457.5 million, close to analysts' estimates. Its GAAP profit of $0.25 per share was 51.5% above analysts' consensus estimates. Is now the time to buy Nature's Sunshine? Find out in our full research report. Nature's Sunshine (NATR) Q1 CY2025 Highlights: Revenue: $113.2 million vs analyst estimates of $109.3 million (2% year-on-year growth, 3.6% beat) EPS (GAAP): $0.25 vs analyst estimates of $0.17 (51.5% beat) Adjusted EBITDA: $10.97 million vs analyst estimates of $9.75 million (9.7% margin, 12.5% beat) The company reconfirmed its revenue guidance for the full year of $457.5 million at the midpoint EBITDA guidance for the full year is $41 million at the midpoint, below analyst estimates of $42.98 million Operating Margin: 5.4%, up from 4.2% in the same quarter last year Free Cash Flow was $1.50 million, up from -$1.50 million in the same quarter last year Market Capitalization: $231 million '2025 got off to a strong start, as first quarter revenue came in at $113 million, up 5% on a constant currency basis, and adjusted EBITDA came in at $11 million, up 20% versus prior year,' said Terrence Moorehead, CEO of Nature's Sunshine. Company Overview Started on a kitchen table in Utah, Nature's Sunshine (NASDAQ:NATR) manufactures and sells nutritional and personal care products. Sales Growth Reviewing a company's long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. With $456.6 million in revenue over the past 12 months, Nature's Sunshine is a small consumer staples company, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with retailers. As you can see below, Nature's Sunshine struggled to increase demand as its $456.6 million of sales for the trailing 12 months was close to its revenue three years ago. This shows demand was soft, a poor baseline for our analysis. Nature's Sunshine Quarterly Revenue This quarter, Nature's Sunshine reported modest year-on-year revenue growth of 2% but beat Wall Street's estimates by 3.6%. Looking ahead, sell-side analysts expect revenue to grow 1.6% over the next 12 months, similar to its three-year rate. While this projection implies its newer products will fuel better top-line performance, it is still below the sector average.
