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Today’s Market Recap: Software Stock Rebound Drives U.S. Stocks Higher, Storage Sector Pulls Back, Dollar Rebounds to Four-Week High
TradingKey - Software stocks and other "victims" of AI panic fueled a rebound in US equities. Thomson Reuters (TRI) closed up over 11%, FactSet (FDS) rose nearly 6%, and Salesforce (CRM) gained more than 4%.
Western Announces Ratification Of La-Kwa SA Muqw Forestry Limited Partnership And United Steelworkers Agreement
Feb 24 (Reuters) - Western Forest Products Inc WEF.TO:WESTERN ANNOUNCES RATIFICATION OF LA-KWA SA MUQW FORESTRY LIMITED PARTNERSHIP AND UNITED STEELWORKERS AGREEMENTWESTERN FOREST PRODUCTS INC - 6-YEAR COLLECTIVE AGREEMENT EXPIRES JUNE 14, 2030Reuters
18 minutes ago
US House fails to pass aviation safety bill after Pentagon drops support
Legislation that would mandate ADS-B falls one vote short of passageNeeded two-thirds majority under fast-track rulesCritics of legislation said it could affect national securityVictims' families urge action after 67 killed in mid-air collision last yearBy David Shepardson WASHINGTON, Feb 24 ...Reuters
19 minutes ago
Wesco Announces Pricing Of Private Offering Of Senior Notes Due 2031 And Senior Notes Due 2034
Feb 24 (Reuters) - Wesco International Inc WCC.N:WESCO ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2031 AND SENIOR NOTES DUE 2034WESCO INTERNATIONAL INC - PRICES $650 MILLION SENIOR NOTES DUE 2031WESCO INTERNATIONAL INC - INCREASES 8-YEAR NOTES OFFERING TO $850 MILLIONWESCO INTERNATION...Reuters
21 minutes ago
By the numbers: How the Netflix, Paramount bids for Warner Bros stack up
Feb 24 (Reuters) - Warner Bros Discovery WBD.O on Tuesday said Paramount Skydance's revised offer PSKY.O could reasonably be considered a superior proposal, opening talks with the Hollywood studio to buy the owner of HBO Max and the "Harry Potter" franchise.Paramount's revised offer ...Reuters
31 minutes ago
Canada's Pulse Seismic Q4 revenue rises, declares special dividend
OverviewCanada seismic data firm's Q4 revenue rose yr/yrCompany declared special dividend of C$0.10 per shareTotal dividends declared in 2025 amounted to C$23.7 mlnOutlookCompany notes commodity price weakness may drive oil prices lower through 2026Pulse expects increased drilling activity due t...Reuters
52 minutes ago
Canada's PHX Energy declares special dividend after Q4 revenue beat
OverviewCanadian oilfield services firm's Q4 revenue rose 3% yr/yr, reaching a record level and beating estimatesCompany declared a special cash dividend of C$0.20 per shareU.S. and Canadian divisions outperformed industry trends despite softer conditionsOutlookCompany plans to expand RSS capabi...Reuters
58 minutes ago
Apple shareholders reject call for report on China manufacturing risks
By Stephen Nellis and Zaheer Kachwala Feb 24 (Reuters) - Apple AAPL.O shareholders on Tuesday rejected a proposal to report on the company's dependence on China to manufacture most of its products. The vote came after Apple has worked for nearly a decade to broaden its manufacturing base to V...Reuters
an hour ago
Mexico president says 'no risk' for 2026 World Cup fans
President Sheinbaum says security guarantees are in place for World CupFIFA has no plans to remove any games from Mexico, state governor saysFIFA President says he is "very calm" about Mexico hosting World Cup matches MEXICO CITY, Feb 24 (Reuters) - Mexico President Claudia Sheinbaum said...Reuters
an hour ago
UK self-driving startup Wayve raises $1.2 billion from investors including Mercedes, Stellantis
By Nick Carey LONDON, Feb 25 (Reuters) - British self-driving startup Wayve said on Wednesday it has raised $1.2 billion from investors including Mercedes-Benz, Stellantis, Nissan and Uber as it scales up robotaxi deployments and works with global automakers on driver assistance technology. Wayve...Reuters
an hour ago
From 'Jaws' to 'Star Wars', movie memorabilia on offer in Propstore auction
RICKMANSWORTH, England, Feb 25 (Reuters) - The harpoon gun used in Steven Spielberg's blockbuster "Jaws" and a light-up C-3PO head from "Star Wars: The Empire Strikes Back" are among more than 1,550 items of film and television memorabilia that could raise around $9 million at au...Reuters
an hour ago
Trump to hold meeting on plan to revamp Washington Dulles airport
By David Shepardson WASHINGTON, Feb 24 (Reuters) - U.S. President Donald Trump plans to hold a meeting on Wednesday about his plan to overhaul the primary international airport for the U.S. capital area, the White House said, after he harshly criticized its design in December.Transportation Secre...Reuters
an hour ago
China has not yet received any Nvidia H200 chips, US official says
By Alexandra Alper WASHINGTON, Feb 24 (Reuters) - None of Nvidia's NVDA.O second-most advanced AI chips, known as the H200, have been sold yet to Chinese customers, a U.S. Commerce Department official said on Tuesday."My understanding is that none so far," David Peters, the assistant ...Reuters
2 hours ago
Democratic state AGs announce lawsuit against Trump administration over US vaccine policy
By Dan Levine NEW YORK, Feb 24 (Reuters) - Two Democratic state attorneys general announced a multistate lawsuit against the Trump administration on Tuesday over recent changes to the federal government's childhood vaccine schedule, as medical organizations warn the changes could lower inocul...Reuters
2 hours ago
Trumps get okay for Irish golf ballroom but must help protect snails
DUBLIN, Feb 24 (Reuters) - An Irish council on Tuesday approved a plan by the family of U.S. President Donald Trump to build a ballroom on their west of Ireland golf course, so long as they draw up a plan to help protect a tiny species of snails that live on the land.Trump International Golf Club in...Reuters
2 hours ago
US judge dismisses xAI trade-secrets lawsuit against rival OpenAI for now
Feb 24 (Reuters) - A federal judge in California on Tuesday dismissed a lawsuit from Elon Musk's artificial intelligence startup xAI that accused rival Sam Altman's OpenAI of stealing its trade secrets.U.S. District Judge Rita Lin in San Francisco said that xAI could refile its case, but for...Reuters
2 hours ago
Anderson .Paak mixes culture and comedy in root-reconnecting film ‘K-Pops!’
By Rollo Ross and Danielle BroadwayLOS ANGELES, Feb 24 (Reuters) - Grammy award-winning rapper and singer, Anderson .Paak, is exploring his Korean roots with his directorial debut film "K-Pops!", which is due for release in U.S. theaters on Friday. Rather than delving into his own emotional...Reuters
2 hours ago
Soccer-Matches postponed amid Guadalajara violence, FIFA monitoring World Cup host city
FIFA monitors Guadalajara after cartel violence impacts World Cup plansMexican league postpones matches due to security concernsTennis tournaments proceed with heightened security measures Feb 24 (Reuters) - Four soccer games in Mexico were postponed after violence flared near Guadalajara in the ...Reuters
2 hours ago
CORRECTED-Canada's Cargojet Q4 revenue eases past expectations
OverviewCanada air cargo provider's Q4 revenue fell, beat analyst expectationsAdjusted EBITDA for Q4 increased by 3.6% yr/yr, driven by cost reductionsNet earnings for Q4 fell 62.6% due to higher finance costsResult DriversDOMESTIC REVENUE GROWTH - Domestic revenue increased by 16.9% yr/yr, offs...Reuters
2 hours ago
