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Oklo, Chewy earnings, steel tariffs: Trending Tickers
Oklo, Chewy earnings, steel tariffs: Trending Tickers

Yahoo

time19 hours ago

  • Business
  • Yahoo

Oklo, Chewy earnings, steel tariffs: Trending Tickers

Nuclear reactor developer Oklo (OKLO) shares surge to record highs after striking a deal with the US Air Force to provide power to Eielson Air Force Base in Alaska by the end of the decade. Online pet retailer Chewy (CHWY) may have topped first quarter earnings and revenue estimates, but its stock is falling Wednesday after missing guidance forecasts. Catch Yahoo Finance's full interview with Chewy CEO Sumit Singh. Shares of American steel manufacturer Cleveland-Cliffs (CLF) slip further ahead of the market close as US and Mexico trade officials reported nearly a deal on steel import tariffs. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Let's take a look at some of the trending tickers we're watching. Shares of Oklo skyrocketing today, while Chewy and Cleveland Cliffs are falling. Let's start by looking at Oklo seeing record-breaking highs today after the announcement of an energy deal with the Air Force. The nuclear power provider being selected to power Eielson Air Force Base in Alaska following a close to two-year delay by the company. Um, this is pretty provisional here that is being announced on the part of this. Basically, it is the intended awardee of this contract. And as I like to remind folks, whenever we talk about Oklo or any of these small modular reactor companies within nuclear, um, these things are not happening tomorrow, they're not happening next year. I believe Oklo is targeting developing its first reactor and having it up and running by the end of the decade. So, and probably closer to the end than we are right now. Exactly. A long-term bet. It was interesting to think about who's buying names like Oklo because I had Tom Bruni from Stocktwits. I was talking to Tom recently and obviously kind of, you know, relatively younger group of folks on that platform. And I did ask Tom, what's interesting to your folks right now in Stocktwits? What's what are they curious about? What are they excited about? What are the themes and trends? And he immediately rattled off Tom said, it's AI, it's crypto, and the kids like nuclear. Yeah. Well, there's been a huge, you know, just like in crypto, there has been a big regulatory shift with this administration. There's been a big shift on nuclear. Although it was already brewing before the Trump administration came in. But now there's a more explicit push in the direction of nuclear. Now, you have the players like Oklo, like NuScale, that are developing these smaller reactors. And then you have the bigger players. I mean, Talen Energy extended um its deal with Amazon or expanded its deal with Amazon today. So you have the establishment players like Talen, like a Constellation Energy, that are also working with big database providers. So there are a couple of different facets to it. There's the stuff that is actually working now or that are nuclear reactors that have been operating. And then there's the new models and when those new models get up and running, we'll see. Yeah. Yeah. Chewy, let's talk about that name too. That is seeing share prices fall despite beating earnings first quarter estimates. Pet supply company announcing an 8% increase in sales year over year and a 3 cent higher adjusted EPS. Yahoo Finance executive editor Brian Sozzi did speak to Chewy CEO Sumit Singh about the company's first quarter and his expectations for the next quarter. You know, the momentum that we've carried out of Q1 actually has continued. In fact, you know, it's just the shape of the curve. So the first quarter, you know, at 6.2% EBITDA margins, you know, for the first time company crossed the 6% mark. So we're very very happy about, very proud about that. And then broadly, you know, we've guided to a midpoint of, you know, roughly 5.5% EBITDA margins for this year. That would put us at about a 70 basis point, 75 basis point expansion from a year-over-year perspective. Uh so under pressure today, reports are some of the issues here front and center for investors, gross margin and free cash flow missing expectations. They did reiterate annual sales targets. What did the Bulls say on a day like this? Well, City which has a buy on this one, I saw them cited saying the stock move into the print. They did know in their opinion, create kind of a tough setup perhaps. Uh they argue the multi-year growth and margin expansion story remains compelling to their point. The stock has enjoyed a strong run, even now, you're still up around 20% this year. You're up around 80% over the past 12 months. And most analysts still do see better times ahead. Yeah. Yeah. I was looking at the forward price earnings ratio of this one. It's 74, which sounds pretty eye-watering, especially when you compare it with something like 32 for Petco. Of course, Petco just came out and disappointed with its numbers recently. So I guess investors are just trying to weigh in this space, which thing is more attractive. Tough setup, says City. Yeah. Yes, yes. Ending off with Cleveland Cliffs, which is seeing its shares fall after a deal between the US and Mexico on steel import tariffs looks close reportedly. The deal would remove a 50% tariff that the Trump administration put on steel up to a specific volume determined by historical trade volumes data. With Trump steel tariffs announcement being made to promote domestic steel, that walk back could spur more import competition in the steel industry. Um, so we are seeing Cleveland Cliffs get take a hit. We're seeing Nucor take a hit. We're taking Steel Dynamics and Commercial Metals. All of them are are um are lower. And I guess there are different reactions depending on what kind of steel, whether they make raw steel or flat steel or rolled steel um or finished steel products. There's sort of different implications across the sector. Yeah. Yeah. Yeah, Bloomberg is the one who had this report. An agreement they say has not been finalized. I do see analysts cited as kind of weighing in, trying to game out what what could be some effects here. Some saying flat steel would be hit hardest and companies that could be affected. Uh most they say, Cliffs, Steel Dynamics, Nucor and Commercial Metals among others. Mhm. Sign in to access your portfolio

How China Is Crippling Global Luxury Brand Louis Vuitton's Parent Company
How China Is Crippling Global Luxury Brand Louis Vuitton's Parent Company

News18

time29-05-2025

  • Business
  • News18

How China Is Crippling Global Luxury Brand Louis Vuitton's Parent Company

Last Updated: According to a Bloomberg report, LVMH indicated that it had failed to meet market expectations in the last quarter, with particularly sharp declines in Asia. The glitter of the global luxury market continues to dim, after industry titan LVMH, the short for Moët Hennessy Louis Vuitton and also the parent company of popular brand Louis Vuitton, signalled an ongoing weakness across key markets. The Paris-headquartered conglomerate, home to iconic brands like Louis Vuitton, Dior, and Tiffany & Co, warned investors and analysts that sluggish demand, especially in China, is likely to persist into the second quarter. According to a Bloomberg report, LVMH indicated that its recent sales struggles may not abate anytime soon. The company failed to meet market expectations last quarter, with particularly sharp declines in Asia. Organic revenue growth across China and the broader Asia-Pacific region dropped by 11%, mirroring the fall seen over the past year. This region is critical for the luxury giant, accounting for roughly 30% of its total revenue, while the United States contributes another 24%. The downturn in China, historically a powerhouse for luxury consumption, is being driven by a mix of weak consumer sentiment and macroeconomic challenges. The country's post-pandemic economic recovery remains tepid, and fresh trade tensions, exacerbated by new US tariffs, are further dampening consumer confidence. This grim forecast has cast a long shadow over the broader luxury sector. Companies like Kering (owner of Gucci), Richemont (parent of Cartier), Tapestry, Ralph Lauren, and Capri Holdings are all expected to feel the ripple effects. Capri, notably, recently sold its Versace label to Prada for $1.4 billion, underscoring the shifting tides within the industry. Investor sentiment is also undergoing a notable shift. On social media platform Stocktwits, traders' outlook on LVMH has cooled, with sentiment sliding from 'bullish" to 'neutral", a sign that optimism about a quick rebound is waning. Founded in 1987 through the merger of Moët Hennessy and Louis Vuitton, LVMH has grown into the world's largest luxury goods conglomerate. Under the stewardship of chairman and CEO Bernard Arnault, currently one of the richest individuals globally, the company has expanded its footprint across fashion, jewellery, watches, perfumes, wines, and spirits. Its impressive portfolio includes names like Fendi, Givenchy, Bulgari, and Hennessy, catering to affluent clientele in nearly every corner of the globe. But even this powerhouse is not immune to macroeconomic headwinds. As China, once the jewel in the crown of global luxury, retreats from its spending highs, the future of the sector is increasingly uncertain. American consumers, too, are showing signs of restraint, potentially exacerbated by political and fiscal uncertainty ahead of the 2024 US elections. All Eyes on Ralph Lauren Amid the sector's growing uncertainty, some investors are watching Ralph Lauren's upcoming results for clues about the future direction of luxury retail. The US label, known for its aspirational branding and international presence, may provide early signs of whether the slump is spreading or if a rebound could be on the horizon. Watch India Pakistan Breaking News on CNN News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published: May 22, 2025, 18:31 IST

XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says
XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says

Yahoo

time24-05-2025

  • Business
  • Yahoo

XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's (CRYPTO: BTC) recent surge to an all-time high of $111,900 has reignited discussions about its market dominance and the potential implications for altcoins. As Bitcoin's dominance approaches 64%, analysts are closely monitoring whether this trend will lead to a capital rotation into alternative cryptocurrencies. Historically, a rise in Bitcoin's dominance often precedes a shift where investors begin to diversify into altcoins. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Speaking with Benzinga, Alice Liu, Head of Research at Coinmarketcap, noted, 'With Bitcoin dominance climbing toward 63.3%, there's potential for short-term altcoin rotation.' She emphasized that as Bitcoin maintains its position above key levels, retail-driven tokens like Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP), and Shiba Inu (CRYPTO: SHIB) could garner renewed attention, especially if accumulation by whales and retail wallets continues and broader sentiment remains in 'Greed.' The sentiment among retail investors is also shifting. Tom Bruni, VP of Community at Stocktwits, told Benzinga, 'Over half our community sees Bitcoin hitting $150,000 in 2025, and nearly 50% expect altcoins to outperform this year.' He highlighted the enduring appeal of legacy tokens, stating, 'Legacy tokens like XRP, DOGE, and SHIB continue to dominate mindshare. Whether or not they lead in tech, they've proven they can lead in culture.' While some altcoins may benefit from this potential rotation, others might not experience the same Barthere, Principal Research Analyst at Nansen, pointed out, 'XRP, for instance, previously benefited from speculative momentum tied to potential inclusion in FX reserves, a tailwind that is no longer present, unlike Bitcoin.' She emphasized the importance of clear catalysts for altcoins to drive performance in the current market environment. Kelghe D'Cruz, CEO of Pairs, highlighted the cyclical nature of the crypto market, stating, 'The typical market cycle tends to follow a well-known pattern: Bitcoin runs up first, its dominance plateaus, and then altcoins begin to move.' He expressed optimism about Dogecoin's future, mentioning the upcoming launch of DogeOS as a potential transformative initiative for the token. However, not all experts are equally optimistic about all altcoins. Eneko Knörr, CEO of Stabolut, expressed skepticism about meme coins, stating, 'Retail might chase them for hype cycles, but I believe other altcoins will offer stronger fundamentals and better long-term upside.' He acknowledged that XRP still has a defined use case and loyal community, which might help it maintain relevance. Joe Z, Co-founder of DeAgentAI, emphasized the potential for capital rotation into altcoins, noting, 'If Bitcoin maintains its position above $110,000, we could see strong allocations across OG altcoins like XRP, DOGE, and SHIB, especially among retail investors seeking higher returns than what BTC can provide in the short term.' He also highlighted technological developments like Shibarium as potential catalysts for SHIB's upward price momentum. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says originally appeared on

Stocktwits to Sponsor Ladenburg Thalmann Innovation EXPO25 on May 21, 2025
Stocktwits to Sponsor Ladenburg Thalmann Innovation EXPO25 on May 21, 2025

Associated Press

time13-05-2025

  • Business
  • Associated Press

Stocktwits to Sponsor Ladenburg Thalmann Innovation EXPO25 on May 21, 2025

NEW YORK, NY - May 13, 2025 ( NEWMEDIAWIRE ) - Stocktwits, the premier social media platform dedicated to investors and traders, today announced its sponsorship of the Ladenburg Thalmann Innovation EXPO25, to be held on May 21, 2025, at Convene, 101 Park Avenue, New York, NY. The Ladenburg Thalmann Innovation EXPO25 is a full-day event that brings together a curated group of innovative technology companies and institutional investors to participate in presentations, one-on-one (1x1) meetings, and networking. The conference will feature approximately 50 public and private companies leveraging AI in innovative and breakthrough ways. Companies will present across three dedicated tracks and have the opportunity to demonstrate their products live in the 'Ladenburg Expo format.' Stocktwits joins a distinguished group of supporters who are helping to make this event possible. As a sponsor, the firm will participate in conference activities and benefit from enhanced visibility with public company executives, institutional and high-net-worth investors, and industry professionals. 'We're pleased to support and participate in the Ladenburg Innovation EXPO25, an exciting event celebrating transformative companies and brokering meaningful connections with investors and advisors,' said Scott Rushlow, Stocktwits Director of Sales. 'Ladenburg Thalmann is proud to host an event that provides a direct forum for engagement among leaders in innovation and capital markets,' said Mark Green, Managing Director, Investment Banking at Ladenburg Thalmann. 'Our role as the Marketing Partner is to help ensure that sponsors, company representatives, and investors build meaningful relationships,' said David Shapiro, CEO of B2i Digital, Inc. 'I envision a 3-legged stool when conceptualizing the capital markets. You need all 3: public companies, investors and service providers to ensure efficient market operations. The invaluable advice provided by industry leading service providers cannot be underestimated.' The Ladenburg Innovation EXPO25 includes company presentations, product demonstrations, and one-on-one meetings, with breakfast, a buffet lunch, and refreshments provided. The event builds on a long tradition of successful in-person gatherings hosted by Ladenburg Thalmann. About Stocktwits Stocktwits is the premier social media platform dedicated to TradFi and DeFi investors and traders. With an active community of over 10 million users, Stocktwits has established itself as a leading voice in the investing world. Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of community interaction, data, content, and tools that empower investors to connect, learn, and have fun in the process. For more information, visit Contact: Scott Rushlow [email protected] About Ladenburg Thalmann Ladenburg Thalmann is a US middle market diversified financial services firm headquartered in New York and engaged in investment banking, focusing on fundraising, buyside & sellside M&A, high-yield debt, and private equity access for public and private companies. The firm also provides equity research, institutional sales and trading, independent brokerage, advisory services, trust services, and asset management. Together with its parent, Osaic, Ladenburg Thalmann has over 12,000 financial advisors in the US, managing over $650 billion in client assets. Ladenburg is a member of NYSE, NYSE American, FINRA, all other principal exchanges, and SIPC. Securities are offered through Ladenburg Thalmann & Co. Inc. broker-dealer, and advisory services are offered through Ladenburg Thalmann Asset Management ('LTAM'), an SEC registered investment advisor. Ladenburg Thalmann Contact: Mark Green [email protected] 800.995.5267 About B2i Digital, Inc. B2i Digital, Inc. leverages the latest digital marketing technologies to tell a company's story to retail investors, institutional investors, and research analysts. B2i Digital creates robust profiles for companies on its platform, and launches targeted digital marketing campaigns to bring the most relevant investors to each company based on its sector, stage, and overall company story. B2i Digital was founded in 2021 by David Shapiro, previously the Chief Marketing Officer and an investment banker at Maxim Group LLC. David was also one of the founders of Maxim's investor awareness platform, B2i Digital Contact Information: David Shapiro Chief Executive Officer B2i Digital, Inc. 212.579.4844 Office [email protected] View the original release on

Stocktwits Launches Cryptotwits, Bridging Traditional Finance and Crypto for 10M+ Investors
Stocktwits Launches Cryptotwits, Bridging Traditional Finance and Crypto for 10M+ Investors

Associated Press

time12-05-2025

  • Business
  • Associated Press

Stocktwits Launches Cryptotwits, Bridging Traditional Finance and Crypto for 10M+ Investors

NEW YORK, May 12, 2025 /PRNewswire/ -- Grayscale joins as Official Asset Management Partner alongside additional Founding Partners Stocktwits, the largest global social platform for investors and traders with more than 10 million users, today announced the launch of Cryptotwits to bring the company's leading sentiment data and social trading insights to the cryptocurrency market. Supported by a new roster of crypto finance partners, Cryptotwits arrives at a pivotal moment as the lines between TradFi and DeFi continue to blur. Cryptotwits aims to educate Stocktwits users, crypto newcomers, and market enthusiasts, building on a legacy of real-time discussions and trusted community insights that have made Stocktwits the go-to platform for retail investors and early market signals. 'The crypto market has long lacked a trusted social platform for authentic community insights and real-time sentiment,' said Howard Lindzon, CEO of Stocktwits. 'As the pioneers of social finance, Stocktwits fills this critical gap with Cryptotwits, powered by our millions-strong investor community and more than a decade of experience separating signal from noise. It's the intuitive, investor-first platform the crypto world has been waiting for.' Cryptotwits will be the definitive bridge between traditional finance and crypto, providing immediate sentiment analysis, trending scores, and message volume metrics specifically tailored for crypto assets. It offers 17,000+ coin pages in a sleek dark mode design, signaling the shift from traditional tickers to digital assets. Users gain early market insight through proprietary indicators that blend social message volume with active trader sentiment, often surfacing signals faster than AI or price action alone, which most other crypto insights platforms rely on. A dynamic crypto trending bar, customizable watchlists, and advanced sentiment tools also make tracking real-time movers and community outlook easy. Cryptotwits is built into Stocktwits, so all 10 million existing users are automatically registered. Grayscale, the world's largest crypto-native asset manager, joins the launch of Cryptotwits as the Official Asset Management Partner. They'll also serve as Title Partner for Stocktwits' new show, 'Cryptotwits Daily,' a short-form daily covering top crypto news, market analysis, and under-the-radar trends. Gemini joins Cryptotwits as the Official Centralized Exchange Partner, natively integrating into Cryptotwits' top 10 coin pages to provide users with custom Gemini account offerings and trading capabilities on over 70 cryptos. They'll also present the Cryptotwits Watchlist, one of the most popular features on the platform, which enables users to track coins in real time based on trading volume and human sentiment metrics. In addition, Alto CryptoIRA, Helix App, MoonPay, and CoinGecko have signed on as Founding Partners, reflecting the platform's growing ecosystem of crypto service providers and investment solutions. For more information about Cryptotwits or to create an account, users can visit About Stocktwits Stocktwits is the premier social media platform dedicated to TradFi and DeFi investors and traders. With an active community of over 10 million users, Stocktwits has established itself as a leading voice in the investing world. Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of community interaction, data, content, and tools that empower investors to connect, learn, and have fun in the process. For more information, users can visit Contact Eunice Hwangbo [email protected] Photo - Logo - View original content to download multimedia: SOURCE Stocktwits

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