Adial Pharmaceuticals jumped to its highest level since February after receiving a U.S. patent for its precision medicine approach to treating addiction. The patent supports the use of AD04 in patients with specific genetic markers.
Apple CEO Tim Cook warned of a $900 million tariff impact in the June quarter as the company shifts production of iPhones, Macs, and iPads from China to India and Vietnam.
Trump ousts national security adviser Mike Waltz amid internal tensions and a messaging scandal, naming him UN ambassador and replacing him temporarily with Secretary of State Marco Rubio.
Analysts raise ratings for Robinhood (HOOD) after strong Q1 earnings report. Quarterly revenue and EPS beat estimates, but concerns about market changes remain.
Domain registrar and web services company GoDaddy (NYSE:GDDY) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 7.7% year on year to $1.19 billion. The company expects next quarter’s revenue to be around $1.21 billion, close to analysts’ estimates. Its GAAP profit of $1.51 per share was 9.9% above analysts’ consensus estimates.
Specialty flooring retailer Floor & Decor (NYSE:FND) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.8% year on year to $1.16 billion. On the other hand, the company’s full-year revenue guidance of $4.73 billion at the midpoint came in 1.8% below analysts’ estimates. Its GAAP profit of $0.45 per share was in line with analysts’ consensus estimates.
American restaurant chain BJ’s Restaurants (NASDAQ:BJRI) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 3.2% year on year to $348 million. Its non-GAAP profit of $0.59 per share was 53.4% above analysts’ consensus estimates.
After the closing bell on Thursday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Diagnostic company Exact Sciences Corporation (NASDAQ:EXAS) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 10.9% year on year to $706.8 million. The company’s full-year revenue guidance of $3.10 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP loss of $0.21 per share was significantly below analysts’ consensus estimates.
Infrastructure construction company MasTec (NYSE:MTZ) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 6% year on year to $2.85 billion. On top of that, next quarter’s revenue guidance ($3.4 billion at the midpoint) was surprisingly good and 4.4% above what analysts were expecting. Its non-GAAP profit of $0.51 per share was 51.2% above analysts’ consensus estimates.
Tesla and Elon Musk have denied a report that the EV giant was looking for a new CEO. A look at how prediction markets reacted to the report and who could replace Musk.
