Check out the companies that make headlines in the midday deal. Solventum – Stock surged about 10% after the healthcare company announced that it sold its purification and filtration business to Thermo Fisher Scientific for $4.1 billion. The deal is expected to end by the end of 2025. Sempra – Utilities stocks fell 20%. Sempra lowered its full-year profit forecast, requiring adjusted earnings of $4.30 to $4.70 per share, compared with an earlier guide of $4.90 to $5.25 per share. The fourth quarter results also missed the marks on the top and bottom lines. Krispy Kreme – Stock fell 24% after the donut chain missed its fourth-quarter forecast. Krispy Kreme released adjusted revenue of 1% per share, with revenue of $404 million, down from 10 cents for $414 million in revenue analysts surveyed by FACTSET. The company’s full-year guidance also disappoints analysts’ revenue and revenue forecasts. U.S. Towers – Telecom stocks rose 6% on the back of the fourth quarter revenue beat. According to FactSet, U.S. Towers revenue was $2.55 billion, compared with analysts’ expectations of $2.51 billion. Li Auto – U.S. trading shares soared about 13% after Chinese electric vehicle companies shared new photos of its first all-electric sporting vehicle, the Li Auto i8. The company posted two photos on its WeChat account after a market hour. Home Depot – Stock climbed more than 4% after the company’s eight consecutive quarters of decline. Home Depot also barely beat Wall Street’s fourth-quarter earnings estimates, even as high prices and house prices undermine consumer demand for large remodels and higher-priced projects. Eli Lilly – The stock has acquired more than 2% stake in the heel of a pharmaceutical company, which launches higher dose vials of weight loss drugs at a lower price through its “Out-Payment Drugs” section on its direct-to-consumer website Reduce prices for patients. . Keurig Dr Pepper – The company beat the company on top and bottom lines last quarter, with beverage inventory rates 3% higher. Keurig’s revenue was $4.07 billion, with revenue of 58 cents per share, while analysts who voted for FACTSET asked $57 cents per share and $4.01 billion, respectively. Super Microcomputer – When Super Micro’s main application deadline arrived, the stock fell 8%. In December, the company received an extension until February 25 filing its updated financial statements. Hims & Her Health – Telemedicine stock plummeted nearly 25%. Hims & Hers disappointed Wall Street with its fourth-quarter gross margin. Late last week, the U.S. Food and Drug Administration announced that Wegovy and Ozempic are no longer lacking, and the stock fell. Tempus AI-AI-powered biotech stocks fell 16% after Tempus AI’s fourth-quarter revenue of $201 million, while analysts demanded $203 million per LSEG. PayPal – Payment shares fell 2% after the company reiterated its 2025 financial guidance during an Investors Day event. Paypal does say it expects its adjusted EPS growth to accelerate by 2027. The stock initially opened up and then fell in morning trading. Chegg – Net loss in Chegg was $6.1 million, with revenue of $143.5 million in the fourth quarter, and net loss for online education stocks was 28%, while standard fell 24% year-on-year. On Monday, Chegg sued Google, claiming that the latter’s AI search results summary hurts Chegg’s transportation and revenue. Cleveland-Cliffs – Stocks reported that after losing 92 cents per share in the fourth quarter, the stock fell nearly 5% – far from what 61 cents per LSEG expected. Cleveland-Cliffs’ revenue fell 15% year-on-year for the quarter. Zoom Communications – Stocks fell 8% under the guidance of video conferencing companies’ full-year revenue of $4.785 billion to $47.95 billion. That’s lower than the analysts Factset’s $4.81 billion voted by analysts looked for. Bank Stocks – Major banks fell on Tuesday due to recession problems after consumer expectations for February lost. Citigroup, JPMorgan Chase, Goldman Sachs and Wells Fargo all fell by 2%, while Morgan Stanley and Bank of America fell by more than 1%. Tesla – EV maker shares fell nearly 8%, down for the fourth straight day and put Tesla’s market cap below $1 trillion. Tesla’s rolling is happening when investors flee from speculative corners in the market, including a large number of Megacap technology names. – Sean Conlon, Alex Harring, Yun Li and Jesse Pound of CNBC contributed the report.
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