A number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles,
and the industry’s six-month return of 1.8% has fallen short of the S&P 500’s 6.7% rise.
Shareholders of RXO would probably like to forget the past six months even happened. The stock dropped 28.1% and now trades at $20.27. This might have investors contemplating their next move.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how RXO (NYSE:RXO) and the rest of the ground transportation stocks fared in Q4.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Werner (NASDAQ:WERN) and the best and worst performers in the ground transportation industry.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Old Dominion Freight Line (NASDAQ:ODFL) and the rest of the ground transportation stocks fared in Q4.
Let’s dig into the relative performance of Heartland Express (NASDAQ:HTLD) and its peers as we unravel the now-completed Q3 ground transportation earnings season.
Looking back on ground transportation stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Saia (NASDAQ:SAIA) and its peers.
Freight Delivery Company RXO (NYSE:RXO) announced better-than-expected revenue in Q4 CY2024, with sales up 70.4% year on year to $1.67 billion. Its non-GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the ground transportation industry, including Ryder (NYSE:R) and its peers.
Looking back on ground transportation stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including RXO (NYSE:RXO) and its peers.
The past six months have been a windfall for RXO’s shareholders. The company’s stock price has jumped 52.6%, hitting $29.89 per share. This performance may have investors wondering how to approach the situation.
Freight Delivery Company RXO (NYSE:RXO) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.6% year on year to $1.04 billion. Its non-GAAP profit of $0.05 per share was 6.2% below analysts’ consensus estimates.
