Chewy shares rallied in Wednesday premarket trading after the online pet retailer reported fourth-quarter results that beat Wall Street estimates and issued an upbeat fiscal 2026 outlook. The stock traded near $24.98 early premarket, up about 6.5%, having spiked as much as 11.3%.
Nvidia reported $68 billion in quarterly revenue, a 73% year-over-year increase, sending the stock higher as analysts lifted price targets up to $300. The beat highlights sustained AI-driven demand for its chips and cloud infrastructure products.
Nvidia beat expectations with $68 billion in revenue last quarter and guided to $78 billion next quarter, sending its stock sharply higher. The rally spilled into AI-focused crypto tokens and tokenized compute projects tied to GPU demand.
Bitcoin climbed above $68,500 after US equities turned positive on clearer policy signals and strong corporate earnings, lifting risk appetite across markets.
eToro reported a record GAAP net income of $69 million for the quarter ended December, beating forecasts even as crypto revenue fell 38%, sending shares higher. The Israel-based brokerage’s results highlight resilience amid crypto weakness.
eToro reported fourth-quarter profit on Tuesday that beat estimates, driven by stronger-than-expected performance across both stocks and cryptocurrencies. The diversified asset mix helped cushion results and lift overall revenue trends.
Abbott Laboratories shares fell 8% on Jan. 23 after Q4 revenue of $11.5B missed the $11.8B forecast, led by an 8.9% decline in nutrition sales amid pricing pushback and higher costs.
Strategy lowered its 2025 earnings forecast on Monday, citing a recent slump in Bitcoin that hit revenue tied to its crypto exposure. The move underscores growing corporate sensitivity to crypto volatility.
American Bitcoin (ABTC), linked to the Trump family, posted a third-quarter profit and said revenue more than doubled year‑over‑year after expanding mining capacity and completing its first full quarter as a public company.
American Bitcoin, backed by two of U.S. President Donald Trump's sons, said its third-quarter profit more than doubled as wider margins boosted results. The miner and buyer of Bitcoin benefited from stronger operating economics amid favorable market conditions.