The AUD/USD pair broke above the key 0.6400 resistance as US dollar weakness persists, with bullish momentum suggesting a potential climb toward 0.6500.
Industrial conglomerate 3M (NYSE:MMM) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 25.6% year on year to $5.95 billion. Its non-GAAP profit of $1.88 per share was 6.4% above analysts’ consensus estimates.
Google's AI machine is quietly cranking, GenAI innovation doing heavy lifting, AI push continues while legal clouds loom, Overweight rating with $180 PT by 2025Google's AI innovation and cloud momentum offset legal concerns, JPMorgan analyst remains Overweight with $180 PT by 2025.
Satellite communications provider reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 5.4% year on year to $214.9 million. Its GAAP profit of $0.27 per share was 27% above analysts’ consensus estimates.
Security and Aerospace company Lockheed Martin (NYSE:LMT) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 4.5% year on year to $17.96 billion. The company expects the full year’s revenue to be around $74.25 billion, close to analysts’ estimates. Its GAAP profit of $7.28 per share was 14.7% above analysts’ consensus estimates.
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $969.3 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $4.1 billion at the midpoint. Its GAAP profit of $4.32 per share was 0.8% below analysts’ consensus estimates.
Verizon stock (NYSE: VZ) reported strong Q1 results with 1.5% revenue growth and $1.19 EPS, beating analyst estimates. However, stock price fell due to losses in postpaid phone subscribers and overall competition.
Take-Two and Roblox are best positioned to ride out gaming sector turbulence due to their low cost and hit-driven nature, steady trends, and strong user surge and ad power-up.
Aerospace and defense company Raytheon (NYSE:RTX) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 5.2% year on year to $20.31 billion. On the other hand, the company’s full-year revenue guidance of $83.5 billion at the midpoint came in 0.8% below analysts’ estimates. Its non-GAAP profit of $1.47 per share was 7.5% above analysts’ consensus estimates.
Telecommunications giant Verizon (NYSE:VZ) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.5% year on year to $33.49 billion. Its non-GAAP profit of $1.19 per share was 3.6% above analysts’ consensus estimates.
