Why Medtronic Stock Jumped Today
The Motley Fool
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16m ago
Shares of Medtronic (NYSE: MDT) climbed as much as 3.3% early Tuesday, and then settled to close up around 1.7%, after the medical-device company announced strong fiscal third-quarter results and impressive forward guidance. On Medtronic's "solid execution," durable growth For its fiscal third-quarter 2024, ended Jan. 26, Medtronic's revenue grew 4.7% year over year (4.6% organically) to $8.089 billion, translating to roughly flat adjusted (non-GAAP) earnings of $1.728 billion, or $1.30 per share -- though the latter included a roughly $0.11-per-share negative impact from foreign currency exch ..read more
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Palo Alto Networks (PANW) Q2 2024 Earnings Call Transcript
The Motley Fool
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16m ago
Image source: The Motley Fool. Palo Alto Networks (NASDAQ: PANW) Q2 2024 Earnings Call Feb 20, 2024, 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Walter Pritchard Good day, everyone, and welcome to Palo Alto Networks' fiscal second-quarter 2024 earnings conference call. I am Walter Pritchard, senior vice president of investor relations and corporate development. Please note that this call is being recorded today, Tuesday, February 20th, 2024 at 1:30 P.M. Pacific Time. With me on today's call to discuss second-quarter results are Nikesh A ..read more
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Why AI and Specialty Tech Stocks Tumbled Today
The Motley Fool
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16m ago
In recent times, there have been trading sessions where artificial intelligence (AI) and specialty tech stocks roared higher in price. Tuesday, however, was not one of them. On investor hedging with a leading title in tech hardware, concern spread throughout the tech sector and affected the stocks of many niche players. AI solutions developer C3.ai (NYSE: AI) took a nearly 6% hit to its price that day, while Pure Storage (NYSE: PSTG) wasn't far behind with a 5% drop. Two other prominent specialty tech companies, data analytics giant Snowflake (NYSE: SNOW) and next-generation database expert Mo ..read more
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Globus Medical (GMED) Q4 2023 Earnings Call Transcript
The Motley Fool
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16m ago
Image source: The Motley Fool. Globus Medical (NYSE: GMED) Q4 2023 Earnings Call Feb 20, 2024, 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and thank you for standing by. Welcome to the Globus Medical's fourth quarter and full year 2023 earnings call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today's conference is being recorded. I would like to hand the conference over to your f ..read more
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Looking to Buy a Car? Here's Why You Should Check Costco Auto
The Motley Fool
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2h ago
Image source: Getty Images Used car prices declined by about 7% in 2023, but the overall cost of car ownership can still be daunting. Even if you have great credit and can get a low-interest auto loan, saving money on your next car purchase is always a good move. One of the best ways to save money on buying a car is the Costco Auto Program. If you're a Costco member, you can get special deals on new and pre-owned car purchases. For people who expect to be in the market for a new (or "new to you") car purchase in 2024, the Costco Auto Program could easily recoup the cost of your Costco membe ..read more
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Should You Buy Travel Insurance for Your Spring Break Trip?
The Motley Fool
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2h ago
Image source: Getty Images Spring break is a great time for R&R, but it's not always easy on the wallet. You might already be spending hundreds or even thousands of dollars on flights, and then there are all the expenses you'll incur at your destination -- hotels, food, rental cars, and entertainment, to name a few. You might be reluctant to add yet another cost to your holiday travel, but travel insurance could be worth the investment. Below, we'll take a closer look at what it covers and how to decide if it's right for you. What is travel insurance? Travel insurance helps reimburse tr ..read more
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Teladoc Health (TDOC) Q4 2023 Earnings Call Transcript
The Motley Fool
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2h ago
Image source: The Motley Fool. Teladoc Health (NYSE: TDOC) Q4 2023 Earnings Call Feb 20, 2024, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, ladies and gentlemen. Thank you for joining today's Teladoc Health Q4 earnings call. My name is Tia, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answer. [Operator instructions] Also please limit your questions to one question and one follow-up. I would now like to pass ..read more
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Camtek (CAMT) Q4 2023 Earnings Call Transcript
The Motley Fool
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2h ago
Image source: The Motley Fool. Camtek (NASDAQ: CAMT) Q4 2023 Earnings Call Feb 20, 2024, 4:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Kenny Green Ladies and gentlemen, thank you for standing by. I would like to welcome all of you to Camtek's results Zoom webinar. My name is Kenny Green and I'm part of the investor relations team at Camtek. All participants other than presenters are currently muted. Following the formal presentation, I will provide some information and instructions for participating in the live question-and-answer session ..read more
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Why Tactile Systems Technology Stock Dropped Today
The Motley Fool
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3h ago
Shares of Tactile Systems Technology (NASDAQ: TCMD) fell as much as 18.5% early Tuesday, then settled to close down 3.2% after the medical technology company announced mixed quarterly results and light forward guidance. Tactile Medical's record profits just weren't enough Tactile Medical's fourth-quarter 2023 revenue grew 5% year over year to $77.7 million, translating to adjusted (non-GAAP) net income of $8.9 million, or $0.37 per share. Analysts, on average, were expecting lower earnings of $0.22 per share, but on lightly higher revenue of $78.4 million. Within Tactile Medical's top line, gr ..read more
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Why Opendoor Stock Dropped Again Today
The Motley Fool
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3h ago
Shares of Opendoor Technologies (NASDAQ: OPEN) were down for the second straight session Tuesday after the company issued disappointing fourth-quarter results after the closing bell Thursday. The stock continued to fall as investors reacted to the earnings report and to a broader sell-off in the tech sector. Opendoor shares closed Tuesday's session down 6.8% after falling 10.4% on Friday. The Nasdaq Composite closed down 0.9% Tuesday amid weakness in AI stocks. Comments about higher prices from home improvement retail giant Home Depot also seemed to cool off hopes that interest rates would com ..read more
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