No forecaster expects the Fed to change its policy stance on Wednesday and markets also price a steady hand as the FOMC is seen in a wait-and-see mode as it watches the outcome and impact of the US government's tariff policies.
Chewy, the pet food, supplies, and health and services company, produced positive free cash flow (FCF) for its fiscal Q1 ending May 3. Moreover, based on Chewy's guidance, we can project strong FCF going forward.
Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading lower in Tuesday’s after-hours session after the company announced a proposed private placement of
Furniture company La-Z-Boy (NYSE:LZB) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3.1% year on year to $570.9 million. The company expects next quarter’s revenue to be around $500 million, close to analysts’ estimates. Its non-GAAP profit of $0.92 per share was 1.1% below analysts’ consensus estimates.
Academic publishing company John Wiley & Sons (NYSE:WLY) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 5.5% year on year to $442.6 million. Its GAAP profit of $1.25 per share was 16.8% above analysts’ consensus estimates.
China currently controls about 70% of the market for refined rare earths elements and 100% of the market for heavy rare earths. The heavies are the elements the U.S. needs to make our modern weapons.
Raytheon’s first quarter results exceeded Wall Street’s revenue and non-GAAP profit expectations, but the market reacted negatively, focusing on external risks highlighted during the call. Management credited the quarter’s performance to robust growth in commercial aftermarket services, disciplined execution on cost transformation, and continued progress in the supply chain. CEO Chris Calio emphasized a 21% increase in commercial aftermarket sales and 120 basis points of segment margin expansion as key highlights. The leadership acknowledged ongoing industry challenges, including dynamic operating conditions and supply chain pressures, but underscored resilience in core segments such as aftermarket services and defense programs.
