Latest news with #GorillaGame:PickingWinnersInHighTechnology
Yahoo
a day ago
- Business
- Yahoo
Gap (GAP) Stock Trades Down, Here Is Why
Shares of clothing and accessories retailer Gap (NYSE:GAP) fell 20.3% in the afternoon session after the company reported underwhelming first-quarter 2025 results. On a headline basis, the company maintained previously-provided full-year guidance but added that "The below fiscal 2025 outlook does not reflect the potential effect of tariffs, which are currently 30% on imports from China and 1% on most imports from other countries. If these tariff rates remain, they could result in a gross estimated incremental cost of approximately $250 million to $300 million." The comment likely raised uncertainty which markets don't like. On a more positive note, GAP beat on revenue and EPS. Still, this was a weaker quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Gap? Access our full analysis report here, it's free. Gap's shares are very volatile and have had 25 moves greater than 5% over the last year. But moves this big are rare even for Gap and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was about 2 months ago when the stock dropped 22.2% as President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. From clothing brands and electronics makers to the e-commerce sites that move their goods, companies built on global supply chains took the biggest hit. Stocks with heavy exposure to Asia were especially hard-hit, as the new tariffs threatened the growth and profits of firms with factories in the region. Vietnam, central to many companies' production plans, faced a 46% tariff. Cambodia and Indonesia were also in the crosshairs, with tariff rates of 49% and 32%. These measures could significantly erode the competitiveness of goods produced in those regions. For example, reduced production volumes would negatively affect the sales growth of all companies benefiting from these manufacturing hubs. Gap is down 5.2% since the beginning of the year, and at $22.39 per share, it is trading 22.9% below its 52-week high of $29.03 from June 2024. Investors who bought $1,000 worth of Gap's shares 5 years ago would now be looking at an investment worth $2,264. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
a day ago
- Business
- Yahoo
Why Elastic (ESTC) Shares Are Falling Today
Shares of search software company Elastic (NYSE:ESTC) fell 12.5% in the afternoon session after the company reported weak first quarter (fiscal Q4) results: its full-year revenue guidance slightly missed and its revenue guidance for next year suggested a slowdown in demand. The company projected just 12% revenue growth for fiscal 2026, compared to the 17% growth in the previous year. On the other hand, Elastic reported strong growth in customers, and its full-year EPS guidance trumped Wall Street's estimates. Overall, this print was mixed. The market seemed to be hoping for more. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Elastic? Access our full analysis report here, it's free. Elastic's shares are quite volatile and have had 19 moves greater than 5% over the last year. But moves this big are rare even for Elastic and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 6 months ago when the stock gained 30.8% on the news that the company reported a "beat and raise" quarter. Elastic blew past analysts' billings and revenue estimates, primarily driven by strong growth in the cloud business, which rose 25% year on year. Despite some of the challenges recorded in recent quarters, the improved top-line performance suggested that the focus on key enterprise and high-potential mid-market customers was bearing fruit. On the product front, the company observed signs of accelerating demand for its Generative AI offerings. New customer commitments with GenAI almost doubled in dollar volume compared to the previous quarter, and three of the deals signed were greater than $1 million in annual contract value. Earnings also exceeded expectations as the sales strength combined with disciplined spending and improved efficiency. As a result, the company was able to provide encouraging guidance as it raised its revenue, profits, and earnings forecast for the full year. Overall, we think this was a solid "beat-and-raise" quarter. Following the results, Baird upgraded the stock from Neutral to Outperform (Buy), citing "a significant unexpected turnaround in execution, evident in Q2′s results, highlighted by strong commitments, healthy consumption, improved win-rates and GenAI-inflection validating our medium-term/long-term thesis.". Elastic is down 19.2% since the beginning of the year, and at $80.07 per share, it is trading 34.5% below its 52-week high of $122.27 from July 2024. Investors who bought $1,000 worth of Elastic's shares 5 years ago would now be looking at an investment worth $893.04. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 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
Yahoo
a day ago
- Business
- Yahoo
Why Elastic (ESTC) Shares Are Falling Today
Shares of search software company Elastic (NYSE:ESTC) fell 12.5% in the afternoon session after the company reported weak first quarter (fiscal Q4) results: its full-year revenue guidance slightly missed and its revenue guidance for next year suggested a slowdown in demand. The company projected just 12% revenue growth for fiscal 2026, compared to the 17% growth in the previous year. On the other hand, Elastic reported strong growth in customers, and its full-year EPS guidance trumped Wall Street's estimates. Overall, this print was mixed. The market seemed to be hoping for more. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Elastic? Access our full analysis report here, it's free. Elastic's shares are quite volatile and have had 19 moves greater than 5% over the last year. But moves this big are rare even for Elastic and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 6 months ago when the stock gained 30.8% on the news that the company reported a "beat and raise" quarter. Elastic blew past analysts' billings and revenue estimates, primarily driven by strong growth in the cloud business, which rose 25% year on year. Despite some of the challenges recorded in recent quarters, the improved top-line performance suggested that the focus on key enterprise and high-potential mid-market customers was bearing fruit. On the product front, the company observed signs of accelerating demand for its Generative AI offerings. New customer commitments with GenAI almost doubled in dollar volume compared to the previous quarter, and three of the deals signed were greater than $1 million in annual contract value. Earnings also exceeded expectations as the sales strength combined with disciplined spending and improved efficiency. As a result, the company was able to provide encouraging guidance as it raised its revenue, profits, and earnings forecast for the full year. Overall, we think this was a solid "beat-and-raise" quarter. Following the results, Baird upgraded the stock from Neutral to Outperform (Buy), citing "a significant unexpected turnaround in execution, evident in Q2′s results, highlighted by strong commitments, healthy consumption, improved win-rates and GenAI-inflection validating our medium-term/long-term thesis.". Elastic is down 19.2% since the beginning of the year, and at $80.07 per share, it is trading 34.5% below its 52-week high of $122.27 from July 2024. Investors who bought $1,000 worth of Elastic's shares 5 years ago would now be looking at an investment worth $893.04. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
a day ago
- Business
- Yahoo
Why Shoe Carnival (SCVL) Stock Is Up Today
Shares of footwear retailer Shoe Carnival (NASDAQ:SCVL) jumped 6.3% in the afternoon session after company reported decent first quarter 2025 results: profits ran ahead of expectations, but sales fell short. The upside came from Shoe Station, which posted nearly 5% sales growth while the rest of the market shrank. Adding to the positive aspect, its full-year revenue and EPS guidance exceeded Wall Street's estimates. Overall, this print was mixed but still had some key positives. After the initial pop the shares cooled down to $19.34, up 4.7% from previous close. Is now the time to buy Shoe Carnival? Access our full analysis report here, it's free. Shoe Carnival's shares are very volatile and have had 24 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock gained 13.3% on the news that the company reported strong second-quarter earnings. Notably, the Back-to-School shopping season (the company's most important sales period) was highly successful, driving strong sales momentum. As a result, the company achieved its highest second-quarter sales on record. However, same-store sales came in below expectations, leading to a revenue miss. Its full-year revenue guidance was underwhelming as well. Regardless, the company provided encouraging long-term projections, indicating strong demand for its offerings, as it expects to operate more than 500 stores by 2028 (vs the current count of 430). Overall, this was a decent quarter, with the market cheering the improved momentum following the successful Back-to-School campaign. Shoe Carnival is down 40.1% since the beginning of the year, and at $19.34 per share, it is trading 57.8% below its 52-week high of $45.82 from September 2024. Investors who bought $1,000 worth of Shoe Carnival's shares 5 years ago would now be looking at an investment worth $1,487. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Why Is GATX (GATX) Stock Soaring Today
Shares of leasing services company GATX (NYSE:GATX) jumped 10% in the afternoon session after it struck a $4.4 billion deal to buy about 105,000 railcars from Wells Fargo through a new joint venture with Brookfield Infrastructure Partners. The deal is expected to expand GATX's North American railcar fleet, enhancing its market position and diversification. GATX is expected to initially hold 30% ownership, with the option to gain full control over time. The deal is expected to lift earnings slightly in the first full year. Is now the time to buy GATX? Access our full analysis report here, it's free. GATX's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for GATX and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 7 months ago when the stock gained 8% on the news that the company reported a "beat and raise" quarter, with revenue and EPS exceeding analysts' expectations. Looking ahead, the company provided full-year revenue guidance that outperformed Wall Street's estimates and raised its full-year EPS guidance. Notably, demand for railcars remained strong, with North America's fleet utilization at 99.3% and the renewal success rate above 80%. Zooming out, we think this quarter featured some important positives. GATX is up 5.5% since the beginning of the year, and at $160.32 per share, it is trading close to its 52-week high of $167.38 from January 2025. Investors who bought $1,000 worth of GATX's shares 5 years ago would now be looking at an investment worth $2,590. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 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
