Sectors: Technology
The advertising technology company delivered its first miss in 8 years overnight, coming in below expectations for the quarter and issuing lower guidance.
Property platform Zillow reported 4Q24 results after hours yesterday that were ahead of expectations, though 1Q25 guidance was below, sending the shares down ~19% on open before they recovered around 50% of the drop.
WTC slipped -4.4% on Monday following news that the company was investigating two more confidential complaints by an employee and a supplier against the founder, Richard White. This feels like Chapter 2 for Richard White after allegations into his personal life sent the stock plunging ~30% in October.
CAR –6.51%: The stock was hit today on a slight miss at their 1H25 results and higher than expected capex guidance. While the result was solid and resilient given tough industry conditions in the US, the stock has had a good year, and today’s result and typical guidance for ‘good growth’ just couldn’t justify the share price.
Dubbed the “Magnificent Seven” stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms, and Tesla lived up to their name in 2024 with solid gains. However, so far in 2025, the performance of these mega-cap stocks has been mixed. These influential names have been delivering mixed performance so far this year that may have broader implications for the entire market.
Hi James and Team,
Hi James and team,
REA +1.21% posted a solid 1H result today. We saw huge swings in the share price as the market digested the numbers and the revelation that CEO Owen Wilson will be leaving the business later in the year.
SEK slipped only 0.1% but it was noticeable with other tech names enjoying a strong session and the sector gaining a solid +1.6%. This week saw SEK end its attempted takeover of Xref (XF1) after failing to receive the required shareholder support.
NXL call themselves a ‘force for good’ in the world of data. Essentially, they have investigative analytics and intelligence software used by law enforcement, legal firms, and corporations to transform huge amounts of unstructured data into actionable insights with speed, scalability, and forensic accuracy.
