The Dow fell Friday after the White House said tariffs begin on Saturday. The S&P 500 and Nasdaq also finished lower. The market also reacted to PCE inflation data.
Check Point Software Technologies beat fourth-quarter profit expectations on Thursday, with revenue exceeding $2.5 billion in 2024, and forecast profit growth of up to 11% in 2025.
Tsai Capital, an investment management company, released its fourth quarter investor letter. A copy of the letter can be downloaded here. Tsai Capital celebrated 25 years track record in 2024.