News
Important Only
Why Marvell Stock Jumped Today
Marvell Technology (NASDAQ: MRVL) stock posted gains in Wednesday's trading thanks to bullish coverage from an analyst. The company's share price ended the day up 3.5% amid a 0.2% gain for the S&P 500 (SNPINDEX: ^GSPC) and a flat day of trading for the Nasdaq Composite (NASDAQINDEX: ^IXIC).The Motley Fool
Thu, Feb 20
Pentagon orders budget revamp to reinvest $50 billion into Trump defense priorities
The Pentagon said on Wednesday it was directing military leaders to draw up a list of potential cuts totaling about $50 billion from the upcoming budget for fiscal year 2026 to be redirected into President Donald Trump's priorities for national defense.Reuters
Thu, Feb 20
Argus lifts rating on Airbnb stock on robust growth
Argus Research has upgraded Airbnb Inc (NASDAQ:ABNB) to 'Buy' from 'Hold' with a price target of $190 on robust brand presence, a network of five million hosts, and an enhanced travel experience as key drivers for growth in the short-term homestay market.Investing.com
Thu, Feb 20
Oil holds near one-week high on supply concerns, sanctions on Russia eyed
Trump tell Ukraine to secure a peace deal fastRussia says Ukraine attack cut oil flows on pipe from KazakhstanCold US weather froze oil wells in North Dakota, cutting supplyUS oil inventory data from API and EIA upcomingAdds latest pricesBy Scott DiSavino NEW YORK, Feb 19 (Reuters) - Oil prices h...Reuters
Wed, Feb 19
Russian wealth fund sees US companies returning in 2025
US companies could return in Q2, Dmitriev saysRussian and US officials speak in Saudi ArabiaMany companies left Russia after the 2022 invasionUS companies have lost $324 billion by leaving - DmitrievAdds new quotes from Dmitriev in paragraphs 4-5, changes sourcingBy Guy Faulconbridge and Gleb Bryans...Reuters
Wed, Feb 19
CZ wallet receives more than he donated towards LIBRA victims
After donating to LIBRA investors who lost billions when the meme token plummeted, Binance founder Changpeng Zhao’s (CZ) address has received more crypto than he initally handed away. The ex-CEO promised to donate all the additional funds to reimburse TST and BROCCOLI victims.
Cryptopolitan
Wed, Feb 19
US Dollar edges higher while markets assess Trump’s latest comments on Ukraine and tariffs
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher on Wednesday and recovers above the 107.00 level on Wednesday, with traders seeing the DXY well positioned amidst all tariff and geopolitical headlines.Fxstreet
Wed, Feb 19
Musk's X in talks to raise money at $44 billion valuation, Bloomberg News reports
Adds details on valuation of Musk's companies in paragraph 4, background throughout Feb 19 (Reuters) - Elon Musk's X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.Mus...Reuters
Wed, Feb 19
Hong Kong expands virtual asset push with new licensing, trading options
Hong Kong working to become Asian digital asset hubFinancial regulator to launch new licensing regimesAnalysts see city's push as clue to China's plans Adds SFC statement, background and quote on China in paragraphs 2, 13-15By Summer Zhen and Jiaxing Li HONG KONG, Feb 19 (Reuters) - Hong...Reuters
Wed, Feb 19
RPT-COLUMN-Scramble for alternatives to Wall St finally underway: Mike Dolan
Repeats for early U.S. readership, no change to text.By Mike Dolan LONDON, Feb 19 (Reuters) - Global investors finally appear to be doubting the wisdom of keeping all their eggs in one basket. A decade of exceptional U.S. investment returns may therefore be cresting just as Donald Trump's ...Reuters
Wed, Feb 19
Vietnam parliament approves 2025 growth target, paves way for Starlink entry
Updates with comment on broadband services in paragraph 3, more detail HANOI, Feb 19 (Reuters) - Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and backed major infrastructure projects, including a rail link to China and the construction of...Reuters
Wed, Feb 19
EU envoys agree ban on Russian aluminium imports in new sanctions package
Adds comment from EU commission president in par 3, more detail on shadow fleet in par 8By Julia Payne BRUSSELS, Feb 19 (Reuters) - EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminium imports, sales of gaming console...Reuters
Wed, Feb 19
