Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
A number of stocks jumped in the afternoon session after markets continued to rally as investor optimism grew for a potential Federal Reserve interest rate cut in September. This optimism was largely fueled by a recent consumer price index report that showed inflation easing, along with public comments from Treasury Secretary Scott Bessent advocating for a significant 50-basis-point rate cut. The prospect of lower borrowing costs tends to boost rate-sensitive sectors like Business Services, as it can encourage companies to increase spending on consulting, IT projects, and staffing.
Commvault’s Q2 results saw a significant positive market reaction, as the company outperformed Wall Street’s expectations for both revenue and non-GAAP profit. Management pointed to accelerated growth in its SaaS platform and strong customer expansion across industries as the main drivers of the quarter. CEO Sanjay Mirchandani specifically highlighted that, “SaaS ARR soared 63% to $307 million,” and emphasized the company’s progress in landing and expanding major enterprise accounts, including notable wins with Honeywell and Equifax. The quarter also featured growth in cloud marketplace transactions and healthy uptake of new products such as Cleanroom Recovery and Air Gap Protect.
Data backup provider Commvault (NASDAQ:CVLT) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 25.5% year on year to $282 million. Guidance for next quarter’s revenue was better than expected at $273 million at the midpoint, 0.7% above analysts’ estimates. Its non-GAAP profit of $1.01 per share was 4.1% above analysts’ consensus estimates.
Toronto's real estate landscape is undergoing a significant transformation, marked by the recent implementation of a stringent "Renovictions Bylaw" designed to shield tenants from displacement, alongside a concerning surge in mortgage delinquencies across Ontario. These parallel developments signal a pivotal moment for the province's housing market, impacting both renters and
Equifax’s second quarter results drew a negative market reaction, with management pointing to a combination of higher-than-expected mortgage revenues and ongoing challenges in government and hiring-related business lines. CEO Mark Begor noted that “the majority of the revenue outperformance was in US mortgage, principally in USIS from stronger preapproval product growth and a slightly stronger market.” However, persistent weakness in hiring trends and state-level government funding created pockets of volatility across the company’s Workforce Solutions segment. CFO John Gamble cited elevated litigation expenses and one-time costs, which tempered margin expansion despite solid top-line growth.
Credit reporting company TransUnion (NYSE:TRU) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 9.5% year on year to $1.14 billion. The company expects next quarter’s revenue to be around $1.13 billion, close to analysts’ estimates. Its non-GAAP profit of $1.08 per share was 9% above analysts’ consensus estimates.
Credit reporting giant Equifax (NYSE:EFX) announced better-than-expected revenue in Q2 CY2025, with sales up 7.4% year on year to $1.54 billion. On the other hand, next quarter’s revenue guidance of $1.52 billion was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $2 per share was 4.2% above analysts’ consensus estimates.
Let's delve into the developments on the US markets in the middle of the day on Tuesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Credit reporting giant Equifax (NYSE:EFX) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.4% year on year to $1.54 billion. On the other hand, next quarter’s revenue guidance of $1.52 billion was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $2 per share was 4.2% above analysts’ consensus estimates.
