Epic Games CEO Tim Sweeney offered to bring Fortnite back to the App Store and end litigation if Apple agrees to global changes in its payment practices.
Peter Lynch, former manager of the Fidelity Magellan Fund and one of the most respected investors of the 20th century, once confessed that his greatest investing error was selling successful stocks too early.
Diversified solutions provider Matthews International (NASDAQ:MATW) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 9.3% year on year to $427.6 million. Its non-GAAP profit of $0.34 per share was 10.5% below analysts’ consensus estimates.
Online learning platform Udemy (NASDAQ:UDMY) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 1.8% year on year to $200.3 million. The company expects next quarter’s revenue to be around $197 million, close to analysts’ estimates. Its non-GAAP profit of $0.12 per share was 20.5% above analysts’ consensus estimates.
Aircraft leasing company FTAI Aviation (NASDAQ:FTAI) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 53.7% year on year to $502.1 million. Its GAAP profit of $0.87 per share was 8.8% below analysts’ consensus estimates.
Tech giant Microsoft (NASDAQ:MSFT) announced better-than-expected revenue in Q1 CY2025, with sales up 13.3% year on year to $70.07 billion. Its GAAP profit of $3.46 per share was 7.6% above analysts’ consensus estimates.
Shares of social network Snapchat (NYSE: SNAP)
fell 17.6% in the morning session after the company reported mixed first-quarter 2025 results: its revenue narrowly outperformed Wall Street's estimates, and its free cash flow missed. The key concern was the lack of near-term guidance, with the company citing macro uncertainty. On a more positive note, Snap blew past analysts' EPS and EBITDA expectations. Overall, we think this was a decent quarter, with some key metrics above Wall Street's expectations. The market seemed to focus on the negatives.
Microsoft Corp. (NASDAQ: MSFT) President Brad Smith has declared the company's commitment to adhering to European laws, a stance that starkly contrasts with the White House's disapproval of the EU's recent sanctions on Big Tech.
Qualcomm Inc (QCOM) to report Q2 earnings. Stock down 11.44% over past year, but outperforming chip sector. Wall Street focused on Trump tariffs and potential loss of Apple's modem chip business.
Online marketplace Etsy (NASDAQ:ETSY) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $651.2 million. Its GAAP loss of $0.49 per share was significantly below analysts’ consensus estimates.
