Last year, there was a lot of talk about declining electric vehicle (EV) sales, lower-than-expected adoption and various challenges in the e-mobility market. Many manufacturers even scaled back their ambitious electrification plans. But looking back, things weren't as bad as predicted. In fact, it turned out pretty well!Data shows that global sales of EVs and plug-in hybrid electric vehicles hit a record high in 2024, thanks to booming growth in China and other regions, which offset the weaker performance i ...

Intel Corporation (INTC) is planning to spin off its venture capital business, Intel Capital, into a standalone entity to enable greater autonomy from the parent company. The move is also intended to attract external capital and align Intel Capital’s corporate structure with that of other venture firms worldwide. The separation is likely to happen in the second half of 2025, and the new entity will start operating under a new name.With more than $5 billion in assets under management, Intel Capital is one of ...

Goldman Sachs (GS) reported $13.87 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 22.5%. EPS of $11.95 for the same period compares to $5.48 a year ago.The reported revenue represents a surprise of +13.11% over the Zacks Consensus Estimate of $12.26 billion. With the consensus EPS estimate being $8.07, the EPS surprise was +48.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

JPMorgan Chase & Co. (JPM) reported $42.77 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 10.9%. EPS of $4.81 for the same period compares to $3.97 a year ago.The reported revenue represents a surprise of +4.43% over the Zacks Consensus Estimate of $40.96 billion. With the consensus EPS estimate being $4.03, the EPS surprise was +19.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

For the quarter ended December 2024, Unity Bancorp (UNTY) reported revenue of $28.41 million, up 6.8% over the same period last year. EPS came in at $1.13, compared to $0.96 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $28.02 million, representing a surprise of +1.38%. The company delivered an EPS surprise of +4.63%, with the consensus EPS estimate being $1.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

Wells Fargo (WFC) reported $20.38 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 0.5%. EPS of $1.42 for the same period compares to $1.29 a year ago.The reported revenue represents a surprise of -0.85% over the Zacks Consensus Estimate of $20.55 billion. With the consensus EPS estimate being $1.34, the EPS surprise was +5.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

For the quarter ended December 2024, BlackRock Finance (BLK) reported revenue of $5.68 billion, up 22.6% over the same period last year. EPS came in at $11.93, compared to $9.66 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $5.56 billion, representing a surprise of +2.16%. The company delivered an EPS surprise of +5.86%, with the consensus EPS estimate being $11.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

For the quarter ended December 2024, The Bank of New York Mellon Corporation (BK) reported revenue of $4.85 billion, up 12.4% over the same period last year. EPS came in at $1.72, compared to $1.28 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.66 billion, representing a surprise of +3.92%. The company delivered an EPS surprise of +10.26%, with the consensus EPS estimate being $1.56.While investors closely watch year-over-year changes in headline numbers -- reven ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Comfort Systems (FIX) .Comfort Systems currently has an average brokerage recommendation (ABR) ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Delta Air Lines (DAL) .Delta currently has an average brokerage recommendation (ABR) of 1.00, o ...