Kurv Technology Titans Select ETF (NASDAQ: KQQQ)

Latest news for Kurv Technology Titans Select ETF (NASDAQ:KQQQ)

The Fund is an actively managed exchange-traded fund (ETF) that primarily invests its assets in equity securities of, or derivative instruments (e.g. options) relating to, individual U.S. and non-U.S. technology companies (Technology Companies) generally with market capitalizations in excess of $10 billion as well as the shares of other ETFs that invest in Technology Companies.

Kurv Technology Titans Select ETF

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Tech leaders like Apple and Tesla boast strong fundamentals, but Howard Chan says their valuations are &#34;stretched.&#34;

EXCLUSIVE: Are Apple, Tesla 2025&#39;s Tech Titans Or Bubble Trouble? Kurv CEO Dishes On AI, Cloud And More

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QQQU

Alphabet Inc. (NASDAQ: GOOGL) reports beats expectations in Q3, driving combined market cap of tech giants to $16.8T.

Alphabet&#39;s Earnings Rally Pushes Magnificent 7 Market Cap To Record $16.8 Trillion: 10 Tech-Heavy ETFs Moving Wednesday

Macro Economic Events

News

Economics

iShares MSCI Israel Capped Investable Market Index Fund

Senior U.S. Administration Official Says Trump Believes It Will Take 10-15 Years To Rebuild Gaza; This Is Not Something U.S. Going To Solve Alone; Trump, Israel's Netanyahu Will Discuss Second Phase Of Talks On Gaza Ceasefire And Hostage Release Deal

Benchmark analyst Daniel Kurnos maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy and raises the price target from $215 to $265.

Price Target

Analyst Ratings

Benchmark Maintains Buy on Amazon.com, Raises Price Target to $265

Wells Fargo analyst Sam Reid maintains Ferguson Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) with a Overweight and lowers the price target from $215 to $205.

FERG

Wells Fargo Maintains Overweight on Ferguson Enterprises, Lowers Price Target to $205

Wells Fargo analyst Sam Reid maintains Core &amp; Main (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) with a Overweight and raises the price target from $62 to $65.

Wells Fargo Maintains Overweight on Core & Main, Raises Price Target to $65

Wells Fargo analyst Matthew Akers maintains Woodward (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WWD#NASDAQ">WWD</a>) with a Equal-Weight and raises the price target from $193 to $205.

Wells Fargo Maintains Equal-Weight on Woodward, Raises Price Target to $205

Rumors

TEAM

Watching Atlassian; Hearing Traders Circulate Investor Business Daily SwingTrader Buys Stock

Wells Fargo analyst Stephen Baxter maintains Cigna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) with a Equal-Weight and lowers the price target from $370 to $341.

Wells Fargo Maintains Equal-Weight on Cigna, Lowers Price Target to $341

Enterprise Products Partners L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPD#NYSE">EPD</a>) reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43456886/enterprise-reports-results-for-fourth-quarter-2024" rel="noreferrer noopener">a fourth-quarter 2024 sales</a> decline of 2.9% year over year to $14.201 billion, beating the consensus of $14.161 billion.
Adjusted EBITDA rose to $2.59 billion from $2.49 billion a year ago, and the margin expanded by 121 bps to 18.3%.
EPS was 74 cents, up from 72 cents in the fourth quarter of 2023, beating the consensus of 70 cents.
Non-GAAP Distributable Cash Flow was $2.16 billion for the quarter compared to $2.06 billion a year ago. Adjusted cash flow provided by operating activities was $2.301 billion compared to $2.215 billion a year ago.
Adjusted total gross operating margin expanded by 108 bps to 18.5%. The NGL Pipelines &amp; Services segment&#8217;s gross operating margin increased by 12% YoY to a record $1.5 billion.
Natural Gas Pipelines &amp; Services&#8217; gross margin rose 13% to $323 million, with record transportation volumes of 19.9 TBtus/d, up 5% YoY.
Petrochemical &amp; Refined Products Q4 2024 gross margin fell to $348M from $439M in Q4 2023. Pipeline volumes rose to 947 MBPD from 899 MBPD, while marine terminal volumes dropped to 296 MBPD from 352 MBPD.
Total 2024 capital investments reached $5.5 billion, including $3.9 billion for growth projects, $949 million for Pinon Midstream acquisition, and $667 million for sustaining expenses.
As of Dec. 31, 2024, total debt was $32.2 billion, including $2.3 billion in junior subordinated notes. Consolidated liquidity stood at ~$4.8 billion, combining available credit facility capacity and unrestricted cash.
In the fourth quarter of 2024, the company repurchased approximately 2.1 million of its common units on the open market for $63 million.
2025 Outlook: Organic growth investments are projected at $4.0–$4.5 billion in 2025, with sustaining expenditures estimated at $525 million.
&#8220;We currently have approximately $7.6 billion of major growth capital projects under construction. These projects will go into service over the next three years. Substantially all of these projects are related to our natural gas and NGL businesses serving the Permian Basin and related expansions to our downstream infrastructure to support growing domestic and international demand,&#8221; said A. J. &#8220;Jim&#8221; Teague, co-chief executive officer of Enterprise&#8217;s general partner.
&#8220;These projects are supported by long-term contracts and provide visibility to continuing net income and cash flow per unit growth,&#8221; commented A. J. &#8220;Jim&#8221; Teague, co-chief executive officer of Enterprise&#8217;s general partner,&#8221; he added.
&#8220;In 2025, $6 billion of major organic growth projects are expected to be completed and begin generating cash flow. These include two natural gas processing plants in the Permian Basin, our Bahia NGL pipeline, Fractionator 14, the first phase of our NGL export facility on the Neches River and expansions of our ethane and ethylene marine terminals on the Houston Ship Channel. This growth in cash flow will support future distribution increases and returns of capital,&#8221; Teague noted.
Price Action: EPD shares were down 2.1% at $32.54 during early trading Tuesday.
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</ul>
Image created using artificial intelligence via Midjourney.

Earnings

Guidance

Enterprise Products Beats Q4 Forecasts, Targets $6 Billion In 2025 Expansions

Wells Fargo analyst Stephen Baxter maintains Cardinal Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>) with a Equal-Weight and raises the price target from $135 to $136.

Wells Fargo Maintains Equal-Weight on Cardinal Health, Raises Price Target to $136

Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) <a target="_blank" href="https://www.benzinga.com/topic/spotify" rel="noreferrer noopener">stock gained Tuesday</a> after the company reported better-than-expected fiscal fourth-quarter 2024 financial results. Here&#8217;s a look at the key figures <a target="_blank" href="https://investors.spotify.com/home/default.aspx" rel="noreferrer noopener">from the quarter</a>.&nbsp;&nbsp;
The Details:&nbsp;Spotify reported quarterly earnings of $1.88 per share, which missed the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $2.06</a>.
The company reported quarterly sales of $4.53 billion (4.24 billion euros), up by 16% year-on-year, which beat the analyst consensus estimate of $4.15 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43432143/taiwan-semiconductor-plans-massive-1nm-fab-25-in-taiwan-boosting-advanced-chipmaking-capacity" rel="noreferrer noopener">Taiwan Semiconductor Plans Massive 1nm Fab 25 in Taiwan, Boosting Advanced Chipmaking Capacity</a>
The company reported monthly average user (MAU) net additions of 35 million quarter-over-quarter, surpassing guidance by ten million, and subscriber net additions of 11 million, also ahead by three million.
Premium subscribers grew 11% year-over-year to 263 million, reflecting year-over-year and quarter-over-quarter growth across all regions, beating expectations by $3 million.
Within Premium, the average revenue per user (ARPU) rose by 5% year over year to 4.85 euros, and ad-supported revenue rose 7%.
Margins: The gross margin improved by 555 bps to 32.2%, driven by improvements in its Premium and Ad-Supported segments.
The Premium gross margin was 34.7%, up 565 bps&nbsp;year over year, driven by favorability from audiobooks, music, and Other Costs of Revenue.&nbsp;
The ad-supported gross margin was 15.1%, up 351 bps year over year. This was driven by favorability from music, Other Cost of Revenue, and podcasts, partially offset by real estate impairment activity.
Operating income improved to 477 million euros with a margin of 11.2%.
Spotify held 7.5 billion euros in cash and equivalents, generating €877 million in free cash flow.
Outlook: Spotify expects fiscal first-quarter 2025 revenue of $4.48 billion (4.2 billion euros) versus&nbsp;a <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $4.17 billion</a> and total MAUs of 678 million.&nbsp;
Spotify paid $10 billion to the <a target="_blank" href="https://www.benzinga.com/25/01/43286514/spotify-hits-milestone-10-billion-paid-to-music-industry-in-2024-60-billion-since-founding" rel="noreferrer noopener">music industry in 2024</a>, contributing ~$60 billion since its founding. The premium subscribers rose to 252 million.
In January 2025, at least five Wall Street firms, including Goldman Sachs, Keybanc, UBS, and Macquarie, <a target="_blank" href="https://www.benzinga.com/quote/SPOT/analyst-ratings" rel="noreferrer noopener">raised their price targets</a> on Spotify.
Spotify Technology stock surged 146% in the last 12 months.
Price action:&nbsp;SPOT stock traded higher by 7.41% at $588.30 at the last check on Tuesday.
Also Read:
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<li><a href="https://www.benzinga.com/25/02/43431559/amazon-temu-and-shein-under-eu-scrutiny-regulators-target-illegal-products-and-tougher-e-commerce-rules" target="_blank" rel="noreferrer noopener">Amazon, Temu, and Shein Under EU Scrutiny, Regulators Target Illegal Products and Tougher E-Commerce Rules</a></li>
</ul>
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Eurozone

SPOT

Spotify Q4 Earnings: Revenue Beat, Higher ARPU and Premium Growth Drive Profitability, Issues Strong Q1 Outlook

Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares are trading higher Tuesday after the company reported better-than-expected financial results for the fourth quarter and issued strong guidance. Several analysts also lifted price targets <a href="https://www.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-th">following the print</a>.
<ul>
<li>Q4 Revenue: $827.52 million, versus <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">estimates</a>&nbsp;of $775.91 million</li>
</ul>
<ul>
<li>Q4 EPS: 14 cents, versus estimates of 11 cents</li>
</ul>
Total revenue grew 36% year-over-year, driven by strong U.S. revenue growth of 52% year-over-year. U.S. Commercial revenue increased 64% year-over-year to $214 million and U.S. Government revenue was up 45% year-over-year to $343 million.
Palantir's customer count grew 43% year-over-year and 13% on a quarter-over-quarter basis. The company said it closed 129 deals worth over $1 million during the quarter and 58 deals worth at least $5 million.
Palantir generated $460 million in cash from operations and $517 million in adjusted free cash flow in the quarter.&nbsp;The company ended the quarter with $5.2 billion of cash, equivalents and short-term U.S. treasury securities.
"We are still in the earliest stages, the beginning of the first act, of a revolution that will play out over years and decades," Palantir CEO Alex Karp said in a letter to shareholders.&nbsp;
"This is not an incremental advance or marginal acceleration of our business. This is a new phase. And the momentum we are seeing across sectors, both commercial and government, is unlike anything that has come before."
See Also: <a href="https://www.benzinga.com/markets/equities/25/02/43454250/palantir-is-making-america-more-lethal-as-alex-karp-led-company-secures-1-8-billion-in-ai-contracts-us-commercial-customer-base-surges-73">Palantir Is &#8216;Making America More Lethal&#8217; As Alex Karp-Led Company Secures $1.8 Billion in AI Contracts — US Commercial Customer Base Surges 73%</a>
Outlook:&nbsp;Palantir expects first-quarter revenue to be in the range of $858 million to $862 million, versus estimates of $799.35 million. The company expects full-year 2025 revenue to be between $3.74 billion and $3.76 billion versus estimates of $3.52 billion.&nbsp;
Palantir also guided for positive GAAP operating income and net income in each quarter of 2025 and said it anticipates full-year adjusted free cash flow between $1.5 billion and $1.7 billion.
&#8220;The business we have built has now developed its own internal momentum and strength, its own interior life and forms of untamed organic growth, with the output that we are seeing far surpassing what we are investing,&#8221; Karp added.
Analyst Changes:
<ul>
<li>Jefferies analyst Brent Thill maintained an Underperform and raised the price target from&nbsp;$28&nbsp;to&nbsp;$60.</li>
</ul>
<ul>
<li>BofA Securities analyst Mariana Perez Mora maintained a Buy and raised the price target from&nbsp;$90&nbsp;to&nbsp;$125.</li>
</ul>
<ul>
<li>Morgan Stanley analyst Sanjit Singh upgraded Palantir from Underweight to Equal-Weight and raised the price target from&nbsp;$60&nbsp;to&nbsp;$95.</li>
</ul>
<ul>
<li>Mizuho analyst Matthew Broome maintained an Underperform and raised the price target from&nbsp;$44&nbsp;to&nbsp;$80.</li>
</ul>
<ul>
<li>Northland Capital Markets analyst Michael Latimore maintained a Market Perform and raised the price target from&nbsp;$38&nbsp;to&nbsp;$80.</li>
</ul>
<ul>
<li>Baird analyst William Power maintained a Neutral and raised the price target from&nbsp;$70&nbsp;to&nbsp;$100.</li>
</ul>
<ul>
<li>Cantor Fitzgerald analyst Thomas Blakey maintained a Neutral and raised the price target from&nbsp;$72&nbsp;to&nbsp;$98.</li>
</ul>
PLTR Price Action: <a href="https://www.benzinga.com/quote/PLTR" target="_blank" rel="noreferrer noopener">Palantir shares </a>were up 22.5% at $102.55 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

PLTR

Palantir Stock Is Surging Tuesday: What's Going On?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stephens &amp; Co. raised Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) price target from $60 to $63. Stephens &amp; Co. analyst Pooran Sharma maintained an Equal-Weight rating. Tyson shares closed at $57.74 on Monday. <a href="https://www.benzinga.com/quote/TSN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald raised the price target for Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) from $50 to $55. Cantor Fitzgerald analyst Olivia Brayer maintained a Neutral rating. Bristol-Myers Squibb shares closed at $59.95 on Monday. <a href="https://www.benzinga.com/quote/BMY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) price target from $262 to $285. Wells Fargo analyst Daniel Politzer maintained an Equal-Weight rating. Marriott shares closed at $290.46 on Monday. <a href="https://www.benzinga.com/quote/MAR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald raised the price target for Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) from $72 to $98. Cantor Fitzgerald analyst Thomas Blakey maintained a Neutral rating. Palantir shares closed at $83.74 on Monday. <a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut the price target for Steven Madden, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) from $45 to $40. Piper Sandler analyst Anna Andreeva maintained a Neutral rating. Steven Madden shares closed at $38.32 on Monday. <a href="https://www.benzinga.com/quote/SHOO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) price target from $260 to $250. Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating. L3Harris shares settled at $212.78 on Monday. <a href="https://www.benzinga.com/quote/LHX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised Baker Hughes Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NYSE">BKR</a>) price target from $51 to $55. Barclays analyst David Anderson maintained an Overweight rating. Baker Hughes shares closed at $47.40 on Monday. <a href="https://www.benzinga.com/quote/BKR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird cut AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) price target from $125 to $17. Baird analyst Andrew Wittmann maintained an Outperform rating. AECOM shares closed at $103.85 on Monday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt raised the price target for Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) from $280 to $285. Rosenblatt analyst Mike Genovese maintained a Buy rating. Fabrinet shares settled at $225.60 on Monday. <a href="https://www.benzinga.com/quote/FN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler cut McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) price target from $297 to $290. Piper Sandler analyst Aisling Grueninger maintained a Neutral rating. McDonald&#8217;s shares closed at $290.05 on Monday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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<li><a href="https://www.benzinga.com/25/02/43432950/jim-cramer-appfolio-is-a-cheap-stock-dont-sell-this-tech-stock">Jim Cramer Says AppFolio Is A &#8216;Good One,&#8217; But Summit Therapeutics? &#8216;Can&#8217;t Go There&#8217;</a></li>
</ul>

SHOO

McDonald's To $290? Here Are 10 Top Analyst Forecasts For Tuesday

<a href="https://www.cnbc.com/2025/02/04/fox-subscription-streaming-service.html" title="https://www.cnbc.com/2025/02/04/fox-subscription-streaming-service.html">https://www.cnbc.com/2025/02/04/fox-subscription-streaming-service.html</a>

FOXA

'Fox Reveals Plans To Launch Subscription Streaming Service This Year' - CNBC

Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) has outperformed the market over the past 5 years by 9.63% on an annualized basis producing an average annual return of 21.93%. Currently, Amphenol has a market capitalization of $83.03 billion. 
Buying $1000 In APH: If an investor had bought $1000 of APH stock 5 years ago, it would be worth $2,680.34 today based on a price of $68.87 for APH at the time of writing.
<h3>Amphenol's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738679410_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Infineon Technologies (OTC:<a class="ticker" href="https://www.benzinga.com/stock/IFNNY#OTC">IFNNY</a>) released its Q1 earnings on Tuesday, February 4, 2025 at 05:00 AM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Infineon Technologies beat estimated earnings by 30.0%, reporting an EPS of $0.352 versus an estimate of $0.27.
Revenue was down $330.60 million from the same period last year.
<h3>Earnings History Overview</h3>
In the previous quarter, the company beat on EPS by $0.09, resulting in a 5.0% drop change in the share price the following day.

To track all earnings releases for Infineon Technologies <a href="https://www.benzinga.com/quote/IFNNY/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IFNNY

Infineon Technologies Earnings Review: Q1 Summary

Quantum BioPharma Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNTM#NASDAQ">QNTM</a>) shares are rising Tuesday after the company announced positive clinical trial results for its <a href="https://www.benzinga.com/pressreleases/25/02/g43458239/quantum-biopharma-announces-the-success-of-unbuzzd-clinical-trial">unbuzzd dietary supplement</a>.
What Happened: Quantum BioPharma announced that it completed a double-blind, randomized, placebo-controlled crossover design clinical trial of unbuzzd that was aimed at investigating its effects on alcohol intoxication and alcohol metabolism.
Results showed that unbuzzed accelerated the rate at which Blood Alcohol Concentration (BAC) was reduced in study subjects, reducing symptoms of intoxication and hangover.
The rate at which BAC was lowered on average was more than 40% faster within 30 minutes of consuming unbuzzed. All results in the study were considered statistically significant compared to placebo. 
&#8220;This clinical trial shows that unbuzzd is an important addition to the safe and responsible consumption of alcohol. Consumers now have the benefit of knowing that unbuzzd can reduce alcohol intoxication, speed the reduction of blood alcohol concentration, restore mental alertness and well-being, and help them avoid the worst symptoms of a hangover,&#8221; said Zeeshan Saeed, CEO of Quantum BioPharma.
Check This Out: <a href="https://www.benzinga.com/25/02/43461426/mercks-gardasil-vaccine-slowdown-in-china-bites-again-stock-falls-on-lower-than-expected-2025-outlook">Merck&#8217;s Gardasil Vaccine Slowdown In China Bites Again, Stock Falls On Weak 2025 Outlook</a>
Quantum BioPharma said the effects of unbuzzd occurred within 30 minutes after consumption of the dissolved powder. The company noted that unbuzzd was well-tolerated and safe, with no reported product-related adverse effects.
Quantum BioPharma is considered a low-float stock with just 1.83 million shares available for public trading, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.&nbsp;The company also had a market cap of approximately $6 million as of Monday's close.&nbsp;Low-float, micro-cap stocks can be extremely volatile, which may be contributing to some of Tuesday's surge.
QNTM Price Action: <a href="http://benzinga.com/quote/qntm">Quantum BioPharma shares</a> were up 79.6% at $5.71 at the time of publication Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
This illustration was generated using artificial intelligence via Midjourney.

QNTM

Quantum BioPharma Stock Is Soaring Tuesday: What's Driving The Action?

Alcoholic beverage company Diageo Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEO#NYSE">DEO</a>) released first-half <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">FY25 earnings results</a> and suspended medium-term guidance.
The company reported net <a target="_blank" href="https://www.diageo.com/en/news-and-media/press-releases/2025/2025-interim-results-half-year-ended-31-december-2024" rel="noreferrer noopener">sales </a>of $10.9 billion for the half year ended December 2024, reflecting a slight decline of 0.6% primarily driven by unfavorable foreign exchange fluctuations.
Despite the decrease, organic net sales showed a positive growth of 1.0%, bolstered by favorable price/mix changes. However, volume experienced a slight dip of 0.2%.
The company&#8217;s operating profit also decreased by 4.9%, with its operating profit margin shrinking by 132 basis points, impacted by currency movements and lower organic operating margins.
Despite this, Diageo managed to maintain or grow market share in 65% of total net sales value in measured markets, including the U.S.
Moët Hennessy&#8217;s significantly lower contribution and unfavorable currency exchange rates were the primary reasons behind a 9.6% drop in pre-exceptional earnings per share, which fell to 97.7 cents.
On the other hand, the company saw an increase in net cash flow, rising by $0.2 billion to reach $2.3 billion, with free cash flow rising to $1.7 billion, an increase of $0.1 billion compared to last year.
Given ongoing uncertainty in both the geopolitical and macroeconomic landscapes across key markets, Diageo has decided to withdraw its medium-term guidance.
Instead, the company has committed to providing more frequent near-term updates on its performance.
Also Read: <a target="_blank" href="https://in.benzinga.com/news/global/25/02/43442219/why-beer-tequila-avocados-cars-iphone-prices-could-rise-trumps-tariffs-on-canada-mexico-china-to-hurt-several-sectors" rel="noreferrer noopener">Why Beer, Tequila, Avocados, Cars, iPhone Prices Could Rise: Trump&#8217;s Tariffs On Canada, Mexico, China To Hurt Several Sectors</a>
&#8220;Diageo has anticipated and planned for a number of potential scenarios regarding tariffs in recent months. The confirmation at the weekend of the implementation of tariffs in the US, whilst anticipated, could very well impact this building momentum,&#8221; said CEO Debra Crew.
&#8220;It also adds further complexity in our ability to provide updated forward guidance given this is a new and dynamic situation. We are taking a number of actions to mitigate the impact and disruption to our business that tariffs may cause, and we will also continue to engage with the US administration on the broader impact that this will have on everyone supporting the US hospitality industry, including consumers, employees, distributors, restaurants, bars and other retail outlets.&#8221;
Diageo declared an interim dividend of 40.5 cents. The company&#8217;s leverage ratio stood at 3.1x net debt to EBITDA as of December 2024.
Price Action: DEO shares are trading lower by 0.06% at $116.86 in premarket at the last check Tuesday.
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Image by pil76 via Shutterstock.

General

Alcohol Giant Diageo Suspends Medium-Term Guidance As Trump's Tariff Looms

Dassault Systemes (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DASTY#OTC">DASTY</a>) reported its Q4 earnings results on Tuesday, February 4, 2025 at 06:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Dassault Systemes beat estimated earnings by 19.0%, reporting an EPS of $0.43 versus an estimate of $0.36.
Revenue was up $111.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.02 which was followed by a 3.0% drop in the share price the next day.
Here's a look at Dassault Systemes's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.30</td>
<td>0.32</td>
<td>0.32</td>
<td>0.40</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.32</td>
<td>0.32</td>
<td>0.33</td>
<td>0.39</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.60B</td>
<td>1.66B</td>
<td>1.67B</td>
<td>1.82B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.61B</td>
<td>1.61B</td>
<td>1.63B</td>
<td>1.77B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Dassault Systemes management provided guidance for FY 2025, expecting earnings between $1.5 and $1.529 per share.
To track all earnings releases for Dassault Systemes <a href="https://www.benzinga.com/quote/DASTY/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DASTY

Dassault Systemes Earnings Analysis: Q4 Recap

Parsons Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) shares are trading relatively flat in the <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">premarket session on Tuesday.</a>
The firm announced the acquisition of TRS Group, an environmental solutions firm specializing in remediation technology, in an <a href="https://www.benzinga.com/pressreleases/25/02/g43458088/parsons-acquires-trs-group-inc" target="_blank" rel="noreferrer noopener">all-cash deal valued at $36 million.</a>
This deal is set to enhance Parsons&#8217; Federal Solutions and Critical Infrastructure segments, particularly in environmental remediation.
Founded in 2000, TRS Group addresses per- and polyfluoroalkyl substances (PFAS), along with other hazardous contaminants in soil, groundwater, and fire suppression systems.
TRS has completed over 160 thermal remediation projects. It aims to eliminate volatile organic compounds, including PFAS, energetics, and pesticides.
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Its thermal remediation technology accelerates the breakdown of hazardous substances, offering an efficient and sustainable solution for environmental cleanup.
The acquisition significantly strengthens Parsons' position in the PFAS remediation market, an area of increasing importance due to growing state regulations and environmental concerns. TRS&#8217; license for the PerfluorAd technology, which helps remove PFAS from a range of systems, further adds to the value of this acquisition.
Parsons CEO Carey Smith expressed excitement about the synergies between both companies&#8217; cultures of innovation and commitment to improving environmental health.
&#8220;The acquisition of TRS Group significantly enhances Parsons&#8217; environmental remediation capabilities,&#8221; Smith said.
TRS President Brett Trowbridge highlighted the potential to create solutions that benefit communities and preserve natural resources as the two companies move forward together.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, PSN stock has gained over 18% in the past year. Investors can gain exposure to the stock via&nbsp;Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFS#NYSE">OCFS</a>).
Price Action: PSN shares are trading higher by 0.76% to $77.95 premarket at last check Tuesday.
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Image: Shutterstock

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OCFS

Parsons Acquires TRS Group In $36 Million Deal, Strengthening Its Position In Environmental Remediation Market

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Press Releases

Kurv Investment Management Launches Kurv Technology Titans Select ETF (KQQQ)

"Investors should proceed with cautious optimism," Howard Chan, founder and CEO of Kurv Investment Management, told Benzinga in <a href="https://www.benzinga.com/exclusives">an exclusive interview</a>. 



While tech leaders like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) boast strong fundamentals, Chan said their valuations are "stretched."



<h2 class="wp-block-heading">Apple, Tesla: Stretched Valuations But Long-Term Potential</h2>



Apple and Tesla, often regarded as bellwethers for tech innovation, are facing increasing scrutiny from investors. Chan noted their dominant positions in their respective markets but emphasized the risks tied to their lofty valuations.



Apple's recent focus on AI and augmented reality has garnered attention, but investors may need to weigh its ability to expand its hardware and software ecosystem sustainably, he told Benzinga. Meanwhile, Tesla's rapid scale in electric vehicles is undeniable, but competition from legacy automakers and new entrants has intensified.



Chan underscores a critical point for both giants: "A correction is not a question of if but when." Despite this, he advises against completely exiting the tech sector, citing potential tax implications and the challenges of timing reentry.



<h2 class="wp-block-heading">Strategic Insights</h2>



For those eyeing diversification, Chan recommends the Kurv Technology Titans Select ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KQQQ#NASDAQ">KQQQ</a>), which he says "balances momentum weighting during bull cycles with income generation during downturns." This strategy could mitigate risks while maintaining exposure to tech leaders like Apple and Tesla.



<h2 class="wp-block-heading">Beyond The Giants</h2>



Cloud computing remains a strong growth segment, with giants like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) positioned for further international expansion.



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Chan sees a similar pattern of cautious optimism for AI-focused firms, highlighting the &#8220;delivery risk&#8221; they face.



<h2 class="wp-block-heading">Hardware To Power Future Gains</h2>



Chan sees parallels in the growth trajectory of Apple and Tesla with the broader AI hardware sector. He predicts that "chipmakers and cloud computing service providers" will benefit from increased capital expenditures, a trend that could also support Apple's and Tesla's innovation pipelines in areas like AI, EVs and autonomous driving.



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</ul>



Image: Tesla CEO Elon Musk and Apple CEO Tim Cook &#x7C; Photos courtesy: Shutterstock and Flickr

EXCLUSIVE: Are Apple, Tesla 2025's Tech Titans Or Bubble Trouble? Kurv CEO Dishes On AI, Cloud And More

Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), the parent company of Google, reported stellar third-quarter earnings that not only beat Wall Street&#8217;s expectations but also drove the combined market cap of the &#8220;Magnificent Seven&#8221; tech giants to <a href="https://www.benzinga.com/topic/magnificent-7">an unprecedented $16.8 trillion.</a>



Alphabet's earnings per share came in at $2.12, a 37% increase over the same quarter last year, far exceeding the consensus estimate of $1.55, according to data from <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent103024&amp;t=be2bearmibe3na1">Benzinga Pro.</a>



Revenue reached $88.27 billion, representing a 15% year-over-year rise and surpassing the $86.39 billion that analysts anticipated.



Google advertising business was a key factor leading to the rise in revenue, totaling $65.9 billion, up from $59.6 billion last year. 



Read More: <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">Alphabet Q3 Earnings Highlights: Revenue Beat, EPS Beat, Google Cloud Up 35%, &#8216;Momentum Across The Company Is Extraordinary&#8217;</a>



<h3 class="wp-block-heading">Alphabet Stock Surge Adds Over $150 Billion To Market Cap</h3>



As a result of these impressive numbers, Alphabet's shares rallied over 6% by mid-morning on Wednesday, marking its best trading session since April. 



The stock price increase translated into a more than $150 billion rise in Alphabet&#8217;s market capitalization, which now stands at $2.239 trillion.



Alphabet's surge also gave a substantial lift to the combined valuation of the Magnificent Seven, pushing it to a record-high $16.8 trillion. 



<h3 class="wp-block-heading">Mixed Performance Among the Magnificent 7</h3>



While Alphabet soared on the back of its strong quarterly report, other stocks within the Magnificent Seven showed mixed performance on Wednesday. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) slid as investors grew cautious on semiconductor stocks following weaker-than-expected earnings from Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).



The week remains pivotal for the Magnificent Seven, as several other tech giants are set to release their quarterly earnings. Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) will report their results after the close on Wednesday, while Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) will follow suit on Thursday after the market close.



Looking at the group's recent performance, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) emerged as the strongest over the last five days, with its stock gaining 20.28% following a positive reaction to its recent earnings report.



Here's a breakdown of market caps, recent price changes and year-to-date returns for each company within the Magnificent Seven:



<figure class="wp-block-table is-style-stripes"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Name</td><td>Market Cap</td><td>Price Chg (5 Days)</td><td>Total Return (YTD)</td></tr><tr><td>Apple Inc.</td><td>$ 3,526.02</td><td>-1.67%</td><td>20.91%</td></tr><tr><td>NVIDIA Corporation</td><td>$ 3,416.76B</td><td>-3.00%</td><td>181.33%</td></tr><tr><td>Microsoft Corporation</td><td>$ 3,255.49B</td><td>2.43%</td><td>17.08%</td></tr><tr><td>Alphabet Inc.</td><td>$ 2,237.83B</td><td>9.48%</td><td>29.92%</td></tr><tr><td>Amazon.com, Inc.</td><td>$ 2,035.74B</td><td>2.25%</td><td>27.66%</td></tr><tr><td>Meta Platforms, Inc.</td><td>$ 1,507.24B</td><td>2.37%</td><td>68.83%</td></tr><tr><td>Tesla, Inc.</td><td>$ 841.61B</td><td>20.28%</td><td>5.51%</td></tr></tbody></table></figure>



<h3 class="wp-block-heading">10 ETFs Moving On Alphabet Rally </h3>



Alphabet's post-earnings rally has boosted several exchange-traded funds with significant exposure to the stock.



<figure class="wp-block-table is-style-stripes"><table style="overflow:auto; height: 90px; display: block;"><thead><tr><th>ETF Name</th><th>Weight %</th><th>1-day %chg</th></tr></thead><tbody><tr><td>Direxion Daily GOOGL Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGLL#NYSE">GGLL</a>)</td><td>18.49%</td><td>+10.7%</td></tr><tr><td>iShares Global Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IXP#NYSE">IXP</a>)</td><td>12.61%</td><td>+1.8%</td></tr><tr><td>Fidelity MSCI Communication Services Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCOM#NYSE">FCOM</a>)</td><td>12.40%</td><td>+1.8%</td></tr><tr><td>Vanguard Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOX#NYSE">VOX</a>)</td><td>11.87%</td><td>+1.9%</td></tr><tr><td>Direxion Daily Magnificent 7 Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QQQU#NYSE">QQQU</a>)</td><td>10.73%</td><td>+2.5%</td></tr><tr><td>The Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td><td>10.70%</td><td>+1.5%</td></tr><tr><td>Kurv Technology Titans Select ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KQQQ#NYSE">KQQQ</a>)</td><td>8.96%</td><td>+1.1%</td></tr><tr><td>NYLI U.S. Large Cap Core ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRND#NYSE">LRND</a>)</td><td>8.53%</td><td>+0.6%</td></tr><tr><td>Invesco AI and Next Gen Software ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGPT#NYSE">IGPT</a>)</td><td>8.12%</td><td>-0.8%</td></tr><tr><td>ProShares Ultra Communication Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTL#NYSE">LTL</a>)</td><td>7.99%</td><td>+3.5%</td></tr></tbody></table></figure>



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