EVgo, a leading operator of DC fast-charging stations in the U.S., is poised for substantial revenue growth in the coming years, driven by increased charger utilization, higher charge rates, and a growing network footprint. However, the stock has faced headwinds due to concerns about potential impacts from Trump's economic policies, the future of EV funding programs, and the safety of its Department of Energy loan.
SentinelOne reported strong fourth-quarter earnings, exceeding analyst expectations with revenue of $225.5 million and adjusted earnings of four cents per share. The company's annualized recurring revenue (ARR) increased by 27% year-over-year to $920.1 million, and it expects to surpass $1 billion in ARR and revenue this year.
Alphabet Inc.'s shares rose after Google DeepMind introduced Gemini Robotics and Gemini Robotics-ER, advanced AI robotics platforms built on its Gemini 2.0 model. The new platforms aim to significantly enhance robotic capabilities with improved adaptability, spatial reasoning, and human interaction.
A Tesla Cybertruck owner in California had a rude awakening when their electric vehicle, despite CEO Elon Musk's past claims of its amphibious capabilities, became submerged in Ventura Harbor while attempting to launch a jetski. The incident, which required a multi-agency rescue effort, serves as a stark reminder that the Cybertruck is not a certified boat and should not be treated as such.
American Eagle Outfitters reported fourth-quarter earnings in line with analyst expectations, with comparable sales growth of 3% and a healthy inventory position. However, the company's outlook for the coming year includes a decline in revenue and gross margin, leading to a drop in share price after-hours.