Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 6.6% in the afternoon session after stocks tied to digital assets surged as Bitcoin, the world's largest cryptocurrency by market cap, reached a new all-time high, edging past the $110,000 mark.
Shares of health insurance company Humana (NYSE:HUM) fell 6.5% in the afternoon session after the Centers for Medicare & Medicaid Services (CMS) announced a significant expansion of its audit program for Medicare Advantage (MA) plans.
Online vehicle auction company Copart (NASDAQ:CPRT) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 7.5% year on year to $1.21 billion. Its GAAP profit of $0.42 per share was in line with analysts’ consensus estimates.
IT solutions provider ePlus (NASDAQ:PLUS) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 10.2% year on year to $498.1 million. Its non-GAAP profit of $1.11 per share was 28.3% above analysts’ consensus estimates.
Footwear and apparel conglomerate Deckers (NYSE:DECK) announced better-than-expected revenue in Q1 CY2025, with sales up 6.5% year on year to $1.02 billion. On the other hand, next quarter’s revenue guidance of $900 million was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP profit of $1 per share was 65.1% above analysts’ consensus estimates.
Design software company Autodesk (NASDAQ:ADSK) announced better-than-expected revenue in Q1 CY2025, with sales up 15.2% year on year to $1.63 billion. Guidance for next quarter’s revenue was better than expected at $1.73 billion at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $2.29 per share was 6.7% above analysts’ consensus estimates.
Off-price retail company Ross Stores (NASDAQ:ROST) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 2.6% year on year to $4.98 billion. On the other hand, next quarter’s revenue guidance of $5.37 billion was less impressive, coming in 2.3% below analysts’ estimates. Its GAAP profit of $1.47 per share was 2.5% above analysts’ consensus estimates.
Tax and accounting software provider, Intuit (NASDAQ:INTU) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 15.1% year on year to $7.75 billion. On top of that, next quarter’s revenue guidance ($3.74 billion at the midpoint) was surprisingly good and 5.7% above what analysts were expecting. Its non-GAAP profit of $11.65 per share was 6.8% above analysts’ consensus estimates.
Finance and HR software company Workday (NASDAQ:WDAY) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 12.6% year on year to $2.24 billion. Its non-GAAP profit of $2.23 per share was 11% above analysts’ consensus estimates.
We discuss how Japan’s unraveling bond market may be the blueprint for what’s next in the U.S. and why gold is emerging as the final refuge when trust in central banks and paper promises collapses.
There are good reasons for investors to own international stocks, such as diversification. Of course, there are risks to purchasing international stocks, such as currency risk.
