Real estate data provider CoStar Group (NASDAQ:CSGP) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 15.3% year on year to $781.3 million. The company expects next quarter’s revenue to be around $802.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 23.4% above analysts’ consensus estimates.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Shares of real estate data provider CoStar Group (NASDAQ:CSGP) jumped 6.6% in the afternoon session after the company reported strong second-quarter results that beat estimates and raised its full-year guidance.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Real estate data provider CoStar Group (NASDAQ:CSGP) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 15.3% year on year to $781.3 million. The company expects next quarter’s revenue to be around $802.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 23.4% above analysts’ consensus estimates.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets.
These doubts have caused the industry to lag recently as services stocks have collectively shed 5.7% over the past six months. This drawdown was disappointing since the S&P 500 held its ground.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how data & business process services stocks fared in Q1, starting with CoStar (NASDAQ:CSGP).
The Nasdaq 100 (^NDX) is home to some of the biggest success stories in tech and growth investing.
However, certain stocks in the index face challenges like profitability concerns, rising costs, or shifts in market trends.
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution.
While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
