QUICK MARKET SUMMARY

Pinkspider
03-26


CONSUMER:

🔸 GameStop ( $GME): Q4 EPS $0.30 vs est. $0.08; sales $1.28B (miss); adding Bitcoin to treasury.

🔸 Tesla ( $TSLA): Hosting launch event in Saudi Arabia on April 10.

🔸 Advance Auto Parts ( $AAP): Finished store closures; plans 30 new US stores in 2025, 100+ by 2027.

🔸 CarParts.com ( $PRTS): Q4 loss -$0.71 vs -$0.15 y/y; sales -15% to $133.5M; no 2025 guidance, exploring strategic options.

🔸 Dollar Tree ( $DLTR): Selling Family Dollar for $1.007B; Q4 adj. EPS $2.11 (miss), sales -42% to $4.99B; guides Q1 sales $4.5–$4.6B.

ENERGY/INDUSTRIALS/MATERIALS:

🔸 Compass Minerals ( $CMP): Cutting 10% of workforce, ending fire retardant biz; expects $11M–$13M cost savings.

🔸 Glencore (GLNCY): Declared force majeure on Chilean copper shipments.

🔸 JinkoSolar ( $JKS): Q4 loss -$0.32; sales -3.9% to $2.83B; Q1 module shipments guided at 16–18 GW.

🔸 Phillips 66 ( $PSX): Adding two board directors amid proxy fight with Elliott.

🔸 Range Resources ( $RRC): Upgraded to Equal Weight at Morgan Stanley.

🔸 Westlake Chemical ( $WLK): Downgraded to Neutral at Piper; target cut to $120.

🔸 Worthington ( $WOR): Q3 EPS $0.79 (beat); revs -4% to $304.5M; EBITDA up 10%.

🔸 US copper import tariffs may come in weeks (Bloomberg).

FINANCIALS:

🔸 Invesco Mortgage ( $IVR): Cuts dividend to $0.34 from $0.40.

🔸 PaySign ( $PAYS): Q4 EPS $0.02; guides FY revenue $68.5M–$70M.

HEALTHCARE:

🔸 Corvus Pharma ( $CRVS): Q4 loss -$0.18; cash runway into Q1 2026.

🔸 Guardant Health ( $GH): VA now covers Shield blood test for colorectal cancer screening.

🔸 Verastem ( $VSTM): Will present data at AACR 2025 in Chicago.

TECH/MEDIA/TELECOM:

🔸 Apple ( $AAPL): iPhone 16 available in Indonesia April 11.

🔸 GCT Semiconductor ( $GCTS): Q4 net loss $5M on $1.8M sales.

🔸 Qualcomm ( $QCOM): Filed antitrust complaints against Arm in US, EU, Korea.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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