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Beyond Meat to delay annual report filing, reports preliminary Q4 revenue
March 16 (Reuters) - Beyond Meat BYND.O on Monday forecast fourth-quarter revenue below Wall Street estimates, and said it would delay filing its annual report for 2025 citing material weakness in its internal financial controls.Shares of the company fell about 5% in extended trading. The plant-base...
Reuters
24 minutes ago
CytomX dips after launching stock offering following colorectal cancer drug data
CytomX Therapeutics CTMX.O shares down 2.2% to $6.60 in extended trading as co looks to raise equity after promising trial data for colorectal cancer drugCTMX shares finished session up 44.2% at $6.75 after co said experimental cancer drug, varsetatug masetecan, continued to shrink tumors in patient...
Reuters
33 minutes ago
Supermicro Reveals DCBBS® with New NVIDIA Vera Rubin NVL72, HGX Rubin NVL8, and Vera CPU Systems, Designed to Accelerate Customer Time-to-Market
Supermicro's NVIDIA Vera Rubin NVL72 and HGX Rubin NVL8 systems are built on the DCBBS liquid-cooling stack, targeting up to 10x throughput per watt and one-tenth the token cost, compared to NVIDIA Blackwell solutions. Supermicro's 2U HGX Rubin NVL8 system is the most flexible platform supporting ...
PR Newswire
38 minutes ago
IBM Announces Expanded Collaboration with NVIDIA to Advance AI for the Enterprise
Advancements across GPU-native data analytics, unstructured data extraction, on-premises and cloud infrastructure, Nestlé global supply chain decision speed, and consulting to mobilize enterprise AI at scale ARMONK, N.Y., March 17, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced a...
PR Newswire
43 minutes ago
Nvidia CEO Huang sees at least $1 trillion of AI chip revenue opportunity through 2027
New revenue opportunity forecast marks big step-up from $500 billion seen through 2026Nvidia unveils CPU, AI system based on Grok's technology to for inference computing Nvidia faces increased competition in AI chip marketNvidia shares close up 1.6%, well off session high By Stephen Nellis and M...
Reuters
43 minutes ago
Canada's TSX inches up as retreating oil prices lift market sentiment
TSX closes up by 1% in broader gains Canadian inflation falls to 1.8% in Feb By Purvi Agarwal and Rashika Singh March 16 (Reuters) - Canada's main stock index closed higher on Monday, after three sessions of declines, as investors took cues from Wall Street and welcomed a pullback in oil pric...
Reuters
48 minutes ago
US STOCKS-Wall Street ends higher as traders return to AI stocks
Meta gains after report it plans to shrink 20% jobsDollar Tree rallies after signaling tariff reliefNvidia's conference could boost AI confidenceS&P 500 +1.01%, Nasdaq +1.22%, Dow +0.83% By Noel Randewich and Johann M Cherian March 16 (Reuters) - Wall Street ended sharply higher on Monday...
Reuters
54 minutes ago
LIVE MARKETS-US stocks end broadly green on Iran optimism, tech rally
Main US indexes advance; Nasdaq out front, up ~1.2%All S&P 500 sector rise; Tech leadsDollar down; US crude falls >5%; gold ~flat; bitcoin rallies ~3%US 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sha...
Reuters
55 minutes ago
US SEC preparing to eliminate quarterly reporting requirement, WSJ says
March 16 (Reuters) - The U.S. Securities and Exchange Commission is preparing a proposal to eliminate the quarterly earnings report requirement and give companies the option to share results twice a year, the Wall Street Journal reported on Monday, citing people familiar with the matter.The proposal...
Reuters
57 minutes ago
Rhythm Pharma's obesity drug fails to meet main goal in late-stage trial
March 16 (Reuters) - Rhythm Pharmaceuticals RYTM.O said on Monday its experimental obesity drug in patients with rare genetic conditions did not meet the main goal of a late-stage trial.Shares of the Boston-based company fell over 7% in extended trading. The trial was testing whether the drug, setme...
Reuters
an hour ago
US SEC preparing to eliminate quarterly reporting requirement, WSJ says
March 16 (Reuters) - The U.S. Securities and Exchange Commission is preparing a proposal to eliminate the quarterly earnings report requirement and give companies the option to share results twice a year, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Reuters
an hour ago
Moderna shares rise after US judge blocks attempts to reshape vaccine policy
Shares of Moderna MRNA.O up 1% at $53.11A U.S. federal judge on Monday blocked key parts of Health Secretary Robert F. Kennedy Jr.'s effort to reshape U.S. vaccine policyDistrict judge sides with American Academy of Pediatrics and other medical groups who said health regulators had acted unlawfu...
Reuters
an hour ago
PREVIEW: Semtech shares up ahead of results due after the bell
Shares of Semtech SMTC.O up >4% on Mon, with the semiconductor products supplier seen posting higher rev and EPS in its qtrly results due after the closing bellOther tech shares also higher on Mon, with the S&P 500 technology index .SPLRCT up more than 1%SMTC expected to post a 9% rise in qtr...
Reuters
an hour ago
Nvidia briefly jumps; CEO sees $1 trln AI chip rev opportunity through 2027
Shares of Nvidia NVDA.O briefly added to gains and hit a session high on Mon afternoon as CEO Jensen Huang said the company expects at least $1 trln rev opportunity through 2027 from the co's latest AI chips Huang made the comments during the chipmaker's annual developer conferenceHe also un...
Reuters
an hour ago
EMERGING MARKETS-Latam FX rises ahead of Brazil decision in crowded EM central bank week
LatAm stocks up 2.4%, FX up 1.3%Sao Paulo, Chile stocks climbTraders await central bank commentaryBy Pranav Kashyap and Niket Nishant March 16 (Reuters) - Latin American currencies started the week on firmer footing on Monday, with investors bracing for interest rate decisions from the Brazilian...
Reuters
2 hours ago
Cboe Files Proposal with the SEC to Launch Near 24x5 U.S. Equities Trading
CHICAGO, March 17, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity derivatives, announced it submitted a proposal to the Securities and Exchange Commission (SEC) to launch near 24x5 U.S. equities trading on its Cboe EDGX Equities E...
PR Newswire
2 hours ago
US STOCKS-Wall Street rallies as traders return to AI stocks
Meta gains after report it plans to shrink 20% jobsDollar Tree rallies after signaling tariff reliefNvidia's conference could boost AI confidenceS&P 500 +1.12%, Nasdaq +1.40%, Dow +0.90%By Noel Randewich and Johann M Cherian March 16 (Reuters) - Wall Street rallied on Monday, led higher b...
Reuters
2 hours ago
CytomX jumps on promising trial data for colorectal cancer drug
Shares of CytomX Therapeutics CTMX.O soar 62% to an over four-year high of $7.63Co on track to add about $500 million in market value, if gains holdCo says its experimental cancer drug continued to shrink tumors in patients with advanced form of colorectal cancer who had already tried several treatm...
Reuters
2 hours ago
U.S. STOCKS ON THE MOVE-Customers Bancorp, Forgent Power Solutions, Nvidia
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 6 (Reuters) - The tech-heavy Nasdaq led Wall Street's main stock indexes higher on Monday, with Meta among the top gainers after a report said the megacap was preparing for sweepin...
Reuters
3 hours ago
Cognizant Expands AI Infrastructure Capabilities with Launch of Cognizant AI Factory
Multi-tenant cloud offering, powered by Dell Technologies and NVIDIA, enables more secure, scalable AI deployment across hybrid and multi-cloud environments. Proprietary Cognizant fractional GPU technology built on NVIDIA Multi-Instance GPU helps enterprises operationalize AI faster, reduce costs ...
PR Newswire
3 hours ago
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