Stay up-to-date with the latest movements in the stock market. This week brings a mix of earnings reports, analyst revisions, and unusual options trading activity.
Yext Anticipates Quarterly Earnings
Yext (NYSE:YEXT) is expected to announce its earnings results after the market closes on Wednesday, March 5th. Analysts predict earnings of $0.14 per share and revenue of $112.77 million for the quarter. Interested in hearing more? You can participate in the company’s conference call.
AXIS Capital Holdings Sees Shift in Ownership
Amalgamated Bank reduced its stake in AXIS Capital Holdings Limited (NYSE:AXS) by 2.8% in the fourth quarter, according to Holdings Channel. The bank sold 117 shares, leaving it with 4,012 shares valued at $356,000. It's a small move, but worth noting for investors tracking institutional ownership.
D-Wave Quantum's Q4 Expectations Lowered
B. Riley has revised its Q4 2024 earnings per share estimates for D-Wave Quantum Inc. (NYSE:QBTS). Analyst C. Ellis now anticipates a loss of ($0.11) per share. This reflects a more cautious perspective on the company's near-term financial performance. "The revised estimate reflects a more cautious outlook for the company’s near-term financial performance," B. Riley stated.
Exxon Mobil Experiences Surge in Call Options
Exxon Mobil Co. (NYSE:XOM) saw unusually high options trading volume on Wednesday. Investors purchased 105,439 call options, a 35% increase compared to the typical volume. Despite this surge in call options, the stock opened at $105.51 on Thursday, down 1.9%. What does this mean for the energy giant?
Is C3.ai a Buying Opportunity?
C3.ai (NYSE: AI) is experiencing a decline in its stock price following its latest quarterly results. The big question is: Is this a buying opportunity? Investors are closely watching to see if this dip is a temporary setback or a sign of deeper issues.
Stay tuned for more updates as these stories develop.