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Why Ethereum Is Rising Today
Key PointsEthereum is climbing today on news that BitMine Immersion Technologies is poised to significantly increase its holdings in the token. BitMine has increased its total stock sale plans by another $20 billion and now has plans to sell a total of $24.5 billion worth of stock to buy Ethereum. E...
The Motley Fool
Tue, Aug 12
Why BigBear.ai Stock Is Cratering Today
Key PointsBigBear.ai missed big in its second quarter as sales fell significantly. Management cut full-year revenue guidance as federal contracts are delayed or downsized. With continued losses, shrinking revenue, and a meaningful debt load, BigBear.ai looks risky. 10 stocks we like better than BigB...
The Motley Fool
Tue, Aug 12
Why PubMatic Stock Fell 33.7% This Morning
Key PointsPubMatic stock fell 33.7%, despite beating second-quarter earnings and revenue expectations.Video-advertising revenue jumped 34%, with connected TV ads growing 50% year over year.The stock fell to an all-time low.10 stocks we like better than PubMatic › Shares of PubMatic (NASDAQ: PUBM) to...
The Motley Fool
Tue, Aug 12
Here's Why Shares in United Airlines Took Off Today
Key PointsThe warning that a low-cost carrier could go out of business is good news for network carriers. United Airlines is well-positioned to outperform in the current environment. 10 stocks we like better than United Airlines › Shares in United Airlines (NASDAQ: UAL) had soared by 9.4% as of 1 p....
The Motley Fool
Tue, Aug 12
DigitalOcean rises after upsized $550 million convertible bonds offering
** AI cloud platform DigitalOcean's DOCN.N shares rise 1.4% to $29.97** DOCN announces pricing of upsized offering of $550 million of convertible bonds due 2030** Offering boosted from initial size of $500 million** Stock closed down 10.6% at $29.56 on Monday after DOCN unveiled the offering** I...
Reuters
Tue, Aug 12
Why Opendoor Technologies Stock Is Soaring Today
Key PointsOpendoor investors seem to believe management is listening to their concerns. This comes on the heels of a weak Q2 earnings release last week and a persistently soft housing market Opendoor has a lot of AI-driven buzz from retail investors, but is it a good play?10 stocks we like better th...
The Motley Fool
Tue, Aug 12
U.S. STOCKS ON THE MOVE- Alphabet, Starbucks, Resideo Technologies
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Tuesday, with the S&P 500 and the Nasdaq at record highs after data showed inflation rose broadly in line with expectations in July, bolstering exp...
Reuters
Tue, Aug 12
Bioharvest Sciences Inc reports results for the quarter ended June 30 - Earnings Summary
Bioharvest Sciences Inc 8MV0.MU reported a quarterly adjusted loss of 24 cents per share for the quarter ended June 30. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -24 cents to -11 cents per share.Revenue w...
Reuters
Tue, Aug 12
PREVIEW: CoreWeave rises heading into report after the bell
** Shares of CoreWeave CRWV.O up 1.9% at $142.38 on Tues as cloud computing firm slated to report qtrly results after markets close, with AI demand and lock-up expiration in focus** In its maiden report as a public co, Nvidia-backed NVDA.O CRWV said it was planning to spend $20-$23 bln this year on ...
Reuters
Tue, Aug 12
This Is the Average Social Security Benefit at Age 65
Key PointsFactors including earnings history and the age at which benefits are started impact monthly Social Security payments. Taking Social Security at 65 is a good move for many people, but it's not right for everyone. The $23,760 Social Security bonus most retirees completely overlook › The Soci...
The Motley Fool
Tue, Aug 12
LIVE MARKETS-Stephen Miran could be the dark horse pick for Fed chair
Main US indexes rally; All up ~1% or moreComm Svcs leads S&P sector gainers; Utilities weakest groupDollar slides; crude down >1%; gold edges up; bitcoin up ~0.6%US 10-year Treasury yield edges up to ~4.29%Welcome to the home for real-time coverage of markets brought to you by Reuters reporte...
Reuters
Tue, Aug 12
Energy Services Of America Corp reports results for the quarter ended June 30 - Earnings Summary
Energy Services Of America Corp ESOA.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The lone analyst forecast for the quarter was for earnings of 12 cents per share. Re...
Reuters
Tue, Aug 12
If You'd Invested $1,000 in Berkshire Hathaway Stock 5 Years Ago, Here's How Much You'd Have Today
Key PointsLike all funds and portfolios, Berkshire Hathaway has underperformed from time to time.Warren Buffett's quality-oriented approach to buying and holding stocks has paid off of late. 10 stocks we like better than Berkshire Hathaway › Artificial-intelligence-related tech stocks like Nvidia an...
The Motley Fool
Tue, Aug 12
US airlines' shares jump as airfare data signals improving pricing power
Aug 12 (Reuters) - Shares of major U.S. carriers jumped on Tuesday after upbeat airfare data for July signaled improving pricing power for the industry, as airlines bring capacity in check to align with a soft demand environment.Shares of legacy carriers United Airlines UAL.O, American Airlines AAL....
Reuters
Tue, Aug 12
Why Bitmine Immersion Technologies Stock Is Soaring Today
Key PointsBitmine stock rocketed higher earlier in today's trading, but it's given up some of its gains. The company's share price is up today thanks to news that the company is planning to sell an additional $20 billion worth of stock to buy Ethereum. Bitmine has seen huge valuation gains since the...
The Motley Fool
Tue, Aug 12
LIVE MARKETS-BofA clients snap up single stocks
Main US indexes rally; All up ~1%Comm Svcs leads S&P sector gainers; Real Estate weakest groupEuro STOXX 600 index up ~0.2%Dollar slides; crude down >1%; gold edges up; bitcoin up >1%US 10-year Treasury yield rises to ~4.30%Welcome to the home for real-time coverage of markets brought to y...
Reuters
Tue, Aug 12
FTSE 100 rises as markets welcome milder US inflation data
FTSE 100 up 0.2%, FTSE 250 down 0.2%Spirax jumps on forecast of faster second-half sales growthBellway gains as it expects to build more homes in 2026UK hiring falls but wage growth stays high Aug 12 (Reuters) - Britain's blue-chip index climbed on Tuesday as equity markets worldwide cheered ...
Reuters
Tue, Aug 12
European shares close higher as US-China tariff truce, US data buoy sentiment
US-China tariff truce extension aids sentimentSoftware stocks fall on AI pitfall concernsVestas Wind Systems gains after receiving US ordersSpirax surges after first-half results beatBy Twesha Dikshit, Purvi Agarwal and Sukriti Gupta Aug 12 (Reuters) - European shares closed higher on Tuesday on ...
Reuters
Tue, Aug 12
If You'd Invested $1,000 in Block (XYZ) 5 Years Ago, Here's How Much You'd Have Today
Key PointsSpoiler alert: It wouldn't be more.Block has diversified over the years, but not in a particularly disciplined or clever way.10 stocks we like better than Block › In its relatively brief life as a publicly traded company, Block (NYSE: XYZ) has gone through several transformations. It's bee...
The Motley Fool
Tue, Aug 12
Spirit Airlines falls on going-concern doubts
** Spirit Airlines' FLYY.A shares fall nearly 44% to $1.97** Co warns of going-concern doubts, just months after emerging from Chapter 11 bankruptcy ** Elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for the airline*...
Reuters
Tue, Aug 12
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