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Micron beats quarterly revenue estimates
March 18 (Reuters) - Chipmaker Micron Technology MU.O beat Wall Street estimates for second-quarter revenue on Wednesday, benefiting from a surge in demand for its memory chips used in artificial intelligence hardware.The company reported revenue of $23.86 billion for the quarter, compared with anal...
Reuters
Wed, Mar 18
US STOCKS-Wall Street ends lower after Fed keeps rates unchanged
Crude prices reverse losses; Brent last up over 5%Fed holds rates steady, as expectedMicron climbs ahead of reportBy Noel Randewich and Utkarsh Hathi March 18 (Reuters) - Wall Street ended lower on Wednesday after the Federal Reserve held U.S. interest rates steady and projected only a single ...
Reuters
Wed, Mar 18
REFILE-US STOCKS-Wall Street remains lower after Fed keeps rates unchanged
Crude prices reverse losses; Brent last up over 5%Fed holds rates steady, as expectedS&P 500 -0.65%, Nasdaq -0.63%, Dow -0.90% By Noel Randewich and Utkarsh Hathi March 18 (Reuters) - Wall Street traded lower on Wednesday after the Federal Reserve held U.S. interest rates steady and projec...
Reuters
Wed, Mar 18
Jefferies, Morningstar 'optimistic' on Australia's Sims after FY26 earnings outlook
Jefferies says Sims's SGM.AX trading update 'well ahead' of consensus, Morningstar follows suit On Wednesday, the scrap recycler said it expects FY26 underlying earnings before interest and taxes (EBIT) between A$350 million ($248.68 million) and A$400 million, up from A$174.9 million in...
Reuters
Wed, Mar 18
Back-to-back Qualtrics, EA debt sales to test debt investors' appetites in volatile market
By Matt Tracy and Saeed Azhar March 18 (Reuters) - A group of banks led by JPMorgan Chase JPM.N plans to market a debt package tied to software firm Qualtrics' purchase of peer Press Ganey Forsta after concluding a debt sale for the take-private of game publisher Electronic Arts, according to...
Reuters
Wed, Mar 18
Back-to-back Qualtrics, EA debt sales to test bond investors' appetites in volatile market
By Matt Tracy and Saeed Azhar March 18 (Reuters) - A group of banks led by JPMorgan Chase JPM.N plans to market a debt package tied to software firm Qualtrics' purchase of peer Press Ganey Forsta after concluding a debt sale for the take-private of game publisher Electronic Arts, according to...
Reuters
Wed, Mar 18
GLOBAL MARKETS-Stocks hold declines after Fed keeps rates unchanged
Brent crude futures jump to nearly $110 a barrelStocks fall as oil turns higher, PPI hotter than expectedFed keeps rates unchangedBy Chuck Mikolajczak NEW YORK, March 18 (Reuters) - Global stocks fell on Wednesday, holding declines after the Federal Reserve kept interest rates unchanged, while a ...
Reuters
Wed, Mar 18
MU: AI-fueled memory boom—can it break the boom-bust cycle? ---
Micron Technology (MU.O) released its FQ2 2026 results (quarter ended Jan 2026) after the U.S. market close, early Mar 19 Beijing time. Key takeaways are below.1. Headline results: Revenue came in at $23.86 bn (+75% QoQ), beating the raised buyside bar (~$19.9 bn). Growth was driven by both DRAM and...
Dolphin Research
Wed, Mar 18
AbbVie falls as J&J psoriasis pill raises competition risk
Shares of drugmaker AbbVie ABBV.N fall 5.1% to $208.53 in afternoon tradeBrokerage BNP Paribas maintains AbbVie at "neutral", sets price target at $213Brokerage says J&J's JNJ.N FDA approval of once-daily oral psoriasis drug Icotyde could compete with AbbVie's Skyrizi, a key grow...
Reuters
Wed, Mar 18
LIVE MARKETS-US stocks stay put after Fed holds rates steady
Main US indexes red; Dow off most, down ~1%FOMC leaves rates unchangedStaples weakest S&P 500 sector; Energy, Industrials only gainersDollar, crude rise; gold down >2%; bitcoin down >3%US 10-Year Treasury yield edges up to ~4.21%Welcome to the home for real-time coverage of markets brought...
Reuters
Wed, Mar 18
Trade Desk drops after report that Publicis advised clients against using its platform
By Anhata Rooprai March 18 (Reuters) - Advertising technology firm Trade Desk's TTD.O shares tumbled on Wednesday as Wall Street analysts downgraded the stock after French ad giant Publicis Groupe PUBP.PA advised its clients against using the company's platform.The stock slid over 5%, add...
Reuters
Wed, Mar 18
U.S. STOCKS ON THE MOVE-Vertex Pharma, U.S. Energy Corp, SoFi Technologies
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 18 (Reuters) - Wall Street's main indexes slipped on Wednesday after data showed producer prices rose more than expected in February, prompting investors to price out hopes of a Fe...
Reuters
Wed, Mar 18
METALS-Aluminium edges up, Middle East supply in focus
By Polina Devitt LONDON, March 18 (Reuters) - Aluminium prices ticked up on Wednesday as an alternative export route to the Strait of Hormuz, secured by Emirates Global Aluminium amid the U.S.-Israeli war on Iran, offered temporary respite to supply jitters.The benchmark three-month aluminium CMA...
Reuters
Wed, Mar 18
UK stocks dip as Middle East tensions drive oil higher; Fed decision looms
FTSE 100 down 0.9%, FTSE 250 fall 0.5% Unilever considers separation of its food assets, Bloomberg News reportsDiploma hits record high after raising fiscal guidanceBy Tharuniyaa Lakshmi March 18 (Reuters) - The UK's main equity indexes fell on Wednesday, erasing earlier gains, as oil p...
Reuters
Wed, Mar 18
Gold miners down as bullion prices edge lower on strong US dollar
Shares of gold miners down, tracking decline in bullion prices GOL/Spot gold XAU= down 2.6% at $4,874.19/ounce, after hitting its lowest level since February 6 earlier in the sessionGold prices fall to a more than one-month low, pressured by a stronger U.S. dollar and a jump in oil prices that stoke...
Reuters
Wed, Mar 18
GLOBAL MARKETS-Shares decline as oil jumps with Fed in focus
Brent crude futures jump to nearly $110 a barrelStocks fall as oil turns higher, PPI hotter than expectedFed likely to keep rates unchangedBy Chuck Mikolajczak NEW YORK, March 18 (Reuters) - Global stocks fell on Wednesday, erasing earlier gains as oil prices reversed course to head up, while a r...
Reuters
Wed, Mar 18
BREAKINGVIEWS-Nvidia $1 trln goal creates more noise than signal
By Karen KwokLONDON, March 18 (Reuters Breakingviews) - Boss Jensen Huang on Monday updated a 2025 to 2027 revenue forecast for his AI data centre business. Yet it wasn't initially clear what specific products he was referring to. For the world's largest company, worth $4.4 trln, it's no...
Reuters
Wed, Mar 18
LIVE MARKETS-Rotating into growth from cyclicals with oil prices high
Main US indexes red; Dow off most, down ~0.9%Energy, industrials sole S&P 500 sector gainers, consumer staples is biggest loserDollar rises; US crude up ~2%; gold down >2%; bitcoin down >4%US 10-Year Treasury yield rises to ~4.23%Welcome to the home for real-time coverage of markets brough...
Reuters
Wed, Mar 18
US STOCKS-Wall St slips after hot producer inflation data; Fed in focus
Indexes off: Dow 0.95%, S&P 500 0.59%, Nasdaq 0.58%Traders price out Fed rate cuts in 2026 Fed rate decision expected at 2 p.m. ETCrude prices reverse losses; Brent last up over 5%By Johann M Cherian and Utkarsh Hathi March 18 (Reuters) - Wall Street's main indexes slipped on Wedne...
Reuters
Wed, Mar 18
ROYAL CARIBBEAN ANNOUNCES QUANTUM OF THE SEAS' 2027-28 SINGAPORE GETAWAYS, MAKING ASIA HOLIDAYS BOLDER FOR EVERY GENERATION
A familiar favourite returns to Singapore with 3- to 10-night adventures visiting iconic destinations in the region, including Malaysia, Thailand, Vietnam, Hong Kong and Japan SINGAPORE, March 19, 2026 /PRNewswire/ -- Quantum of the Seas will once again call Singapore home in 2027, giving adventure...
PR Newswire
Wed, Mar 18
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