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Zenas BioPharma drops on convertible, equity offerings
Zenas BioPharma ZBIO.O shares down 9.8% post-market to $20 after capital raise news Autoimmune disease specialist commences public offerings of 6-yr convertible bonds and common stock without disclosing deal sizesSays intends to use net proceeds from both offerings, which are not conditioned upon ea...Reuters
18 hours ago
TRADING DAY-Sell everything (except oil)
By Jamie McGeever ORLANDO, Florida, March 26 (Reuters) - The price of stocks, bonds and gold fell sharply on Thursday while oil surged, as fading hopes for de-escalation in the Middle East reignited inflation fears and left investors approaching the quarter end in a deeply gloomy mood.In my colum...Reuters
19 hours ago
INSTANT VIEW-Nasdaq confirms correction as U.S. stock retreat gathers steam
NEW YORK, March 26 (Reuters) - The Nasdaq Composite index .IXIC on Thursday confirmed a correction denoting a decline of 10% or more from its October 29 record high, the latest setback for U.S. markets approaching one month of the war on Iran. On Thursday, major U.S. stock indexes declined at least ...Reuters
19 hours ago
Newsmax shares up after rise in quarterly revenue
Shares of American cable news company Newsmax NMAX.N rise 9.8% to $6.56 after the bellNMAX Q4 revenue rises 10.7% YoY to $189.3 millionQuarterly net loss per share narrows to 96 cents from $1.95 a year-agoNMAX forecasts FY 2026 revenue of $212 million to $216 million, representing 13% year-over-year...Reuters
19 hours ago
Deals of the day-Mergers and acquisitions
March 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Thursday:Mastercard MA.N is seeking to sell the real-time payments unit that it acquired from Denmark's Nets Group in 2019 for $3.2 billion, the Financial Times reported, citing people famil...Reuters
19 hours ago
INSTANT VIEW-Nasdaq confirms correction as U.S. stock retreat gathers steam
NEW YORK, March 26 (Reuters) - The Nasdaq Composite index .IXIC on Thursday confirmed a correction denoting a decline of 10% or more from its October 29 record high, the latest setback for U.S. markets approaching one month of the war on Iran. On Thursday, major U.S. stock indexes declined at least ...Reuters
19 hours ago
CANADA STOCKS-TSX falls 1.5% as war escalation risk spooks investors
TSX ends down 1.5% at 31,887.52 Materials group loses 3.6% as gold fallsTechnology declines 3.1%Price of oil settles 4.6% higher at $94.48 a barrelBy Fergal Smith TORONTO, March 26 (Reuters) - Canada's main stock index fell on Thursday, with technology and metal mining shares leading declines...Reuters
19 hours ago
EMERGING MARKETS-Latin America mixed as Mexico readies for rate decision, South Africa on hold
Brazil inflation eases in mid-March, still tops forecastsSouth African central bank keeps policy rate on holdLatin American stocks down 1%, foreign exchange off 0.4%By Pranav Kashyap and Niket Nishant March 26 (Reuters) - Most Latin American currencies remained on the backfoot on Thursday as mar...Reuters
19 hours ago
LIVE MARKETS-Nasdaq enters correction territory as Iran tensions, social media verdicts weigh
Main US indexes tumble; Nasdaq off most, down ~2.4%Comm Svcs weakest S&P 500 sector; Energy leads gainersDollar up; US crude rallies >4%; gold, bitcoin both down >3%US 10-Year Treasury yield rises to ~4.42%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
19 hours ago
Nasdaq Composite confirms correction as war worries weigh
March 26 (Reuters) - The Nasdaq Composite .IXIC dropped 2.4% on Thursday, leaving the tech-heavy index down nearly 11% from its record high close on October 29 and confirming it has been in a correction since then. In a broad Wall Street selloff fueled by uncertainty about the U.S. and Israeli war w...Reuters
20 hours ago
Netflix rises; hikes prices for US customers
Netflix's NFLX.O shares are up 1.5% at $93.68Co announced a price hike for U.S. subscribers by $2 a month for its standard and premium plans to $19.99 and $26.99, respectively, and by $1 for ad-supported plan to $8.99, according to reportsNFLX last raised prices in January last yearU.S. is NFLX&...Reuters
20 hours ago
US STOCKS-Wall Street slumps as Middle East uncertainty spooks investors
Meta Platforms, Alphabet fall after US jury verdict OECD warns Iran war erases global growth upgradeWeekly jobless claims in line with estimates By Sinéad Carew and Twesha Dikshit March 26 (Reuters) - Wall Street's main indexes fell sharply on Thursday and the Nasdaq confirmed a correction as...Reuters
20 hours ago
Occidental Petroleum shares up on Reuters report CEO to step down
Shares of shale producer Occidental Petroleum OXY.N rise as much as 4.2% to $64.44, their highest since July 2024Occidental's longtime CEO Vicki Hollub to step down later this year, sources familiar with the matter told ReutersRichard Jackson, currently COO, likely to take the helm after Hollub&...Reuters
20 hours ago
Occidental Petroleum shares up on report CEO to step down
Shares of shale producer Occidental Petroleum OXY.N surges ~4% to $64.23Occidental's longtime CEO Vicki Hollub to step down later this year, sources familiar with the matter told ReutersRichard Jackson, currently COO, is likely to take the helm after Hollub's departureHollub could remain in ...Reuters
21 hours ago
LIVE MARKETS-Nvidia's earnings valuation sinks to lowest in a year; nearly at pre-ChatGPT levels
Main US indexes tumble; Nasdaq off most, down ~2%Comm Svcs weakest S&P 500 sector; Energy leads gainersDollar up; US crude rallies ~5%; gold off >2%; bitcoin down >3%US 10-Year Treasury yield rises to ~4.42%Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
21 hours ago
JBS shares jump after Q4 results, hit highest since August
March 26 (Reuters) - Shares in Brazilian meatpacker JBS JBS.N rise about 6% after fourth-quarter results, hitting their highest price level since August. Analysts stress better than expected figures for adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and for JBS'...Reuters
21 hours ago
U.S. STOCKS ON THE MOVE -Adobe, Salesforce, Stryker
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 26 (Reuters) - Wall Street's main indexes dropped on Thursday following gains in the previous session, as conflicting signals from the U.S. and Iran on the prospects of a de-escala...Reuters
22 hours ago
FTSE Russell to align free-float rules for UK, foreign firms
March 26 (Reuters) - Index provider FTSE Russell said on Thursday it would align the minimum free-float requirement for UK and non-UK companies in the FTSE UK Index Series from the June 2026 review.Under the change, companies incorporated inside or outside the UK will need at least 10% free float to...Reuters
22 hours ago
Meta shares drop on fears US verdicts open door to deluge of lawsuits
By Harshita Mary Varghese and Anhata Rooprai March 26 (Reuters) - Meta Platforms META.O shares dropped 7% on Thursday after two verdicts holding it liable for harm to young users sparked fears the social media giant may have to overhaul the design practices that have underpinned its sprawling adv...Reuters
22 hours ago
European shares snap win streak as Middle East conflict fans inflation worries
ECB rate hike speculation weighs on European stocksEdenred faces investigation by Italian competition regulatorBoliden drops as earnings to be hit by seismic activity at mineEarnings also from Sweden's H&M, UK's Next By Avinash P, Johann M Cherian and Niket Nishant March 26 (Reuters...Reuters
22 hours ago
