Why Quantum Computing Stocks Rocketed Higher on Thursday
The Motley Fool· 2025-05-22 23:19
Not for the first time in their relatively brief existences, quantum computing stocks shot well higher in value on Thursday. That wasn't due to any fresh innovation, discovery, or major business move. Rather, it seemed to have more to do with some grand pronouncements by a single quantum company executive. Nevertheless, as a writer, I can confirm that words have power, and these were powerful enough to lift the sector as a whole. Industry standard-bearers Quantum Computing (QUBT 14.52%), Rigetti Computing ( ...
Why the Market Dipped But Samsara Inc. (IOT) Gained Today
ZACKS· 2025-05-22 23:16
The latest trading session saw Samsara Inc. (IOT) ending at $46.14, denoting a +1.07% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.04%.The the stock of company has risen by 22.65% in the past month, leading the Computer and Technology sector's gain of 20.6% and the S&P 500's gain of 13.42%.The investment community will be closely monitoring the performance of Samsara Inc. in its forthcoming earnings report. The company is scheduled to release its e ...
Copart, Inc. (CPRT) Q3 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-22 23:09
Core Insights - The company reported a relatively flat global insurance volume year-over-year, with a nominal decline of 0.3% in unit sales globally and 0.9% in the United States [5]. Group 1: Insurance Business Performance - Global insurance unit sales grew by 1.3% when accounting for the extra business day in leap year 2024, while U.S. insurance units sold increased by 0.6% [5]. - Total loss frequency continues to rise, indicating potential challenges in the insurance sector [5]. Group 2: Financial Performance Overview - The CEO, Jeff Liaw, highlighted the preparation for the 2025 catastrophe season, indicating proactive measures being taken by the company [4].
Imperial Announces Voting Results for the Election of Directors
GlobeNewswire· 2025-05-22 23:08
Group 1 - Imperial Metals Corporation held its virtual Annual and Special Meeting of Shareholders on May 21, 2025, where nominees listed in the management information circular dated April 4, 2025, were elected as directors [1] - A total of 116,456,204 common shares were voted, representing approximately 71.86% of the issued and outstanding common shares of the Company [2] - The election results showed high approval rates for the directors, with Carolyn D. Anglin receiving 99.97% of votes for, and J. Brian Kynoch receiving 99.99% [2] Group 2 - Imperial is based in Vancouver and is involved in exploration, mine development, and operations, with holdings including the Mount Polley mine (100%), Huckleberry mine (100%), and Red Chris mine (30%) [3] - The Company also has a portfolio of 23 greenfield exploration properties located in British Columbia [3]
Why AI Stock Applied Digital Stock Surged More Than 10% Higher Today
The Motley Fool· 2025-05-22 23:01
Applied Digital (APLD 10.25%) was a double-digit winner on Thursday, as its stock price popped by over 10%.That was due in no small part to the initiation of coverage of the cutting-edge data center builder's stock by an analyst, who, it turns out, is extremely bullish on its prospects. Applied's share price trajectory was all the more impressive, considering that the S&P 500 index basically closed flat across the trading session.An enthusiastic buy recommendation from a punditThe initiating party was Citiz ...
Markets Mostly Flat; Big Afternoon for Earnings: WDAY, DECK, INTU & More
ZACKS· 2025-05-22 23:00
Market Overview - Market indexes showed resilience against high bond yields, with the 30-year bond yield at +5.05%, the highest in 18 years, but moderated from previous spikes [1] - Major indexes finished flat, with the Dow, S&P 500, and Russell 2000 remaining unchanged, while the Nasdaq closed up +53 points (+0.28%) [2] - Despite being in the red over the past five trading days, the indexes have seen double-digit gains over the past month [2] Quarterly Earnings Summary - **Workday (WDAY)**: Reported Q1 earnings of $2.23 per share on $2.4 billion in sales, beating previous figures of $1.99 per share and $2.22 billion. However, shares fell -5% due to steady guidance and reduced capex spending [3] - **Deckers Outdoor (DECK)**: Earnings of $1.00 per share exceeded the Zacks consensus of 57 cents, with revenues of $1.02 billion surpassing expectations of $988.6 million. Shares dropped -11% due to lower-than-expected guidance for the current quarter and full-year guidance held back due to tariff issues [3] - **Intuit (INTU)**: Surpassed earnings expectations with $11.65 per share against a consensus of $10.89, and revenues of $7.75 billion exceeding the $7.54 billion forecast. Shares rose +5% following a significant increase in next-quarter guidance driven by Credit Karma growth [4] - **Ross Stores (ROST)**: Beat earnings estimates by 4 cents with $1.47 per share on $4.98 billion in revenues, slightly above consensus. Same-store sales were flat but improved from a projected decline. Shares fell -9% due to lower next-quarter earnings guidance attributed to tariff pressures [5] - **AutoDesk (ADSK)**: Reported Q1 earnings of $2.29 per share, beating the anticipated $2.14, with revenues of $1.63 billion slightly above the forecast of $1.61 billion. Shares gained +5% due to positive next-quarter guidance [6]
Intuit (INTU) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-22 23:00
Core Insights - Intuit reported revenue of $7.75 billion for the quarter ended April 2025, reflecting a 15.1% increase year-over-year and a surprise of +2.78% over the Zacks Consensus Estimate of $7.54 billion [1] - Earnings per share (EPS) reached $11.65, up from $9.88 in the same quarter last year, surpassing the consensus EPS estimate of $10.89 by +6.98% [1] Revenue Breakdown - Consumer net revenue was $4.05 billion, exceeding the average estimate of $3.97 billion, marking a +10.8% year-over-year change [4] - Global Business Solutions net revenue was $2.85 billion, slightly below the estimated $2.86 billion, but showed a +19.4% increase compared to the previous year [4] - Credit Karma generated $579 million in net revenue, significantly above the $430.66 million estimate, representing a +30.7% year-over-year growth [4] - ProTax net revenue was $278 million, surpassing the $273.84 million estimate, with a +9.5% year-over-year change [4] - Total Online Ecosystem revenue for Global Business Solutions was $2.10 billion, below the $2.14 billion estimate, but still reflecting a +19.9% increase year-over-year [4] - Desktop Ecosystem revenue for Global Business Solutions was $746 million, exceeding the $723.63 million estimate, with a +17.9% year-over-year change [4] - QuickBooks Online Accounting revenue was $1.04 billion, slightly below the $1.06 billion estimate, but showing a +21.4% year-over-year increase [4] - Desktop Services and Supplies revenue was $304 million, below the $309.72 million estimate, with a +2.7% year-over-year change [4] - Online Services revenue was $1.06 billion, slightly below the $1.08 billion estimate, reflecting an +18.5% year-over-year increase [4] - QuickBooks Desktop Accounting revenue was $442 million, exceeding the $411.32 million estimate, with a +31.2% year-over-year change [4] - Service revenue was $6.97 billion, surpassing the $6.67 billion estimate, marking a +15.3% year-over-year increase [4] - Product and other revenue was $783 million, above the $770.35 million estimate, with a +13.6% year-over-year change [4] Stock Performance - Intuit's shares have returned +10.7% over the past month, compared to the Zacks S&P 500 composite's +13.4% change, indicating a performance in line with the broader market [3]
Workday (WDAY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-22 23:00
Core Insights - Workday reported revenue of $2.24 billion for the quarter ended April 2025, reflecting a year-over-year increase of 12.6% and a surprise of +1.10% over the Zacks Consensus Estimate of $2.22 billion [1] - Earnings per share (EPS) for the quarter was $2.23, compared to $1.74 in the same quarter last year, resulting in an EPS surprise of +12.06% against the consensus estimate of $1.99 [1] Financial Performance Metrics - Subscription revenue backlog stood at $24.62 billion, slightly below the estimated $25.32 billion by analysts [4] - Subscription services revenue reached $2.06 billion, exceeding the average estimate of $2.05 billion, marking a year-over-year increase of +13.4% [4] - Professional services revenue was reported at $181 million, surpassing the average estimate of $165.09 million, with a year-over-year change of +3.4% [4] Stock Performance - Workday's shares have returned +19.4% over the past month, outperforming the Zacks S&P 500 composite's +13.4% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]
Why the Market Dipped But Signet (SIG) Gained Today
ZACKS· 2025-05-22 23:00
Company Performance - Signet's stock closed at $64.22, reflecting a +1.94% increase from the previous day, outperforming the S&P 500's daily loss of 0.04% [1] - Over the past month, Signet's stock has risen by 11.37%, which is below the Retail-Wholesale sector's gain of 12.79% and the S&P 500's gain of 13.42% [1] Upcoming Earnings - Signet is set to release its earnings report on June 3, 2025, with an expected EPS of $1.02, indicating an 8.11% decline compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $1.52 billion, representing a 0.38% increase from the year-ago period [2] Full Year Projections - For the full year, earnings are projected at $8.65 per share and revenue at $6.69 billion, showing changes of -3.24% and -0.15% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Signet reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Signet at 3 (Hold) [6] Valuation Metrics - Signet's Forward P/E ratio is 7.28, indicating a discount compared to its industry's Forward P/E of 17.05 [6] - The company has a PEG ratio of 0.5, significantly lower than the Retail - Jewelry industry's average PEG ratio of 4.31 [7] Industry Context - The Retail - Jewelry industry ranks in the top 14% of all industries, with a Zacks Industry Rank of 34 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
ASML: A Strong Contender in the Semiconductor Industry
The Motley Fool· 2025-05-22 23:00
Anand Chokkavelu, CFA has no position in any of the stocks mentioned. Matt Frankel has no position in any of the stocks mentioned. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy. ...