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Lululemon down after annual revenue, profit forecast below estimates
Shares of athletic wear maker Lululemon Athletica LULU.O down 2.2% at $155.81 in extended tradingCo forecast 2026 revenue and profit below analysts' estimates, as it faces rising competition and a subsequent proxy fight by founder Chip Wilson attempting to overhaul the boardExpects annual revenu...Reuters
Tue, Mar 17
Rocket Lab drops on $1 bln equity raise plans
Space services firm Rocket Lab RKLB.O shares down 4.2% in extended trading to $75.36 as it seeks equity raiseRKLB files up to $1 bln (at the market) offering with brokerages including BofA, BTIG, Cantor Fitzgerald, Deutsche Bank and Goldman Sachs as sales agentsAs part of the equity distribution agr...Reuters
Tue, Mar 17
New Fortress Energy moves to separate Brazilian operations to reduce debt
March 17 (Reuters) - New Fortress Energy NFE.O said on Tuesday it will separate its Brazilian operations into a standalone company as part of a broader restructuring deal with creditors aimed at cutting its debt.Shares rose more than 30% on the news before paring gains to 2.4% in after‑hours trading...Reuters
Tue, Mar 17
GLOBAL MARKETS-Stocks gain as oil prices moderate gains; focus turns to Fed
Fed, ECB, BOJ, BOE to weigh in on economic outlook this weekOil prices rise amid Iran-UAE tensionsFed expected to hold rates steady amid current oil shockBy Chuck Mikolajczak NEW YORK, March 17 (Reuters) - Global stocks advanced on Tuesday for a second straight session, even as the war in Iran ke...Reuters
Tue, Mar 17
CANADA STOCKS-TSX boosted by tech, energy shares; central bank meetings in focus
Energy, tech stock lead broader gains Energy sector on track for fifth session higher TSX up 0.16%By Rashika Singh and Nivedita BaluMarch 17 (Reuters) - Canada's benchmark index rose on Tuesday supported by gains in technology and energy stocks, as investors awaited key central bank decisions fo...Reuters
Tue, Mar 17
Renewable energy firm Ormat slides after unveiling planned $750 mln convertible bonds sale
Shares of renewable energy co Ormat Technologies ORA.N down 5% post-market to $102.65 as it looks to raise capitalReno, Nevada-based firm announces private offerings of $750 mln convertible bonds (CBs) due 2031 in two seriesCo intends to use portion of net offering proceeds and $25 mln cash on hand ...Reuters
Tue, Mar 17
LIVE MARKETS-Stocks strike optimistic note before Fed statement
Main US indexes modestly green; Nasdaq up ~0.5%Energy leads S&P 500 sector gainers; Healthcare laggardDollar, gold dip; bitcoin gains; US crude rallies >2%US 10-Year Treasury yield falls to ~4.20%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca...Reuters
Tue, Mar 17
IZEA Worldwide Q4 revenue slumps
OverviewUS influencer marketing firm's Q4 revenue from ongoing operations declined 39% yr/yrNet loss for Q4 narrowed to $1.2 mln from $4.6 mln a year earlierAdjusted EBITDA for Q4 improved by $1.1 mln yr/yr but remained negativeOutlookCompany says it is positioned to pursue organic growth and tr...Reuters
Tue, Mar 17
YY Group Announces Strategic Investment in Arros AI, an NVIDIA Inception Program Member
AI and Robotics Collaborations, Expanding Manpower Client Portfolio, and Growing IFM Pipeline Reinforce FY2026 Revenue Guidance of US$103 Million to US$110 Million Strengthening Next-Generation Workforce Technology and AI Hiring Infrastructure SINGAPORE, March 18, 2026 /PRNewswire/ -- YY Gro...PR Newswire
Tue, Mar 17
EMERGING MARKETS-LatAm stocks, FX climb with focus on central bank decisions
Stocks advance 1.3%, FX rises 0.9%Equities may have room to grow, BofA saysPeruvian Prime Minister resignsBy Twesha Dikshit and Niket Nishant March 17 (Reuters) - Latin American stocks and currencies climbed on Tuesday, as markets awaited interest-rate decisions in Brazil and the U.S., while con...Reuters
Tue, Mar 17
CORRECTED-EMERGING MARKETS-Latam stocks, FX climb with focus on central bank decisions, Iran developments
Stocks advance 1.9%, FX rises 0.9%Brazil and Argentina equities up over 1%Mexico and U.S. to formally start USMCA review on WednesdayRussia in unwavering solidarity with Cuba after Trump's commentsBy Twesha Dikshit March 17 (Reuters) - Latin American stocks and currencies climbed on Tuesday, ...Reuters
Tue, Mar 17
US STOCKS-Wall Street ends up as traders focus on Fed
Fed expected to keep rates unchangedFinancials rebound from prior lossesDelta and American raise revenue guidanceBy Noel Randewich and Johann M Cherian March 17 (Reuters) - Wall Street ended higher on Tuesday, with gains in Delta Air Lines and other travel stocks, while the Federal Reserve began ...Reuters
Tue, Mar 17
EXCLUSIVE-Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036
Jassy highlights significant demand signals for AI-driven AWS growthAmazon's Fresh and Go stores contribute less than 1% to grocery salesAmazon anticipates one millionth drone delivery this yearBy Greg Bensinger SAN FRANCISCO, March 17 (Reuters) - Amazon CEO Andy Jassy said dur...Reuters
Tue, Mar 17
Strong travel demand lifts US airlines despite fuel price surge
Delta raises revenue guidance amid strong travel demandJet fuel prices surge due to Iran conflict, impacting airline costsUS airlines increase fares to offset rising fuel expensesUnited says airlines could recover full fuel-cost increase if demand holdsBy Rajesh Kumar Singh and Shivansh Tiwary Ma...Reuters
Tue, Mar 17
Amazon up after CEO sees AI doubling AWS sales forecast to $600 billion by 2036
Amazon's AMZN.O shares up 1.2% at $214.25 in afternoon tradeCEO Andy Jassy in an internal all-hands meeting says he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales by 2036Jassy had earlier projected $300 billion annual reve...Reuters
Tue, Mar 17
EXCLUSIVE-Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036
By Greg BensingerSAN FRANCISCO, March 17 (Reuters) - Amazon AMZNO> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales, double his own prior estimate.“I've been thi...Reuters
Tue, Mar 17
GLOBAL MARKETS-Stocks climb as oil prices back off earlier gains
Fed, ECB, BOJ, BOE to weigh in on economic outlook this weekOil prices rise amid Iran-UAE tensionsFed expected to hold rates steady amid current oil shockBy Chuck Mikolajczak NEW YORK, March 17 (Reuters) - Global stocks rose on Tuesday for a second straight session, even as the war in Iran contin...Reuters
Tue, Mar 17
US STOCKS-Wall Street climbs as traders focus on Fed
Fed expected to keep rates unchangedFinancials rebound from prior lossesDelta and American raise revenue guidanceS&P 500 +0.43%, Nasdaq +0.58%, Dow +0.29%By Noel Randewich and Johann M Cherian March 17 (Reuters) - Wall Street rose on Tuesday, with gains in Delta Air Lines and other travel sto...Reuters
Tue, Mar 17
LULU: Dropping slow craft — will a ZARA-style fast push save its 'little black pants'?
Lululemon reported Q4 FY2025 (ended Dec 2025) after the U.S. market closed on Mar 18 Beijing time. Overall, with guidance repeatedly cut earlier, the bar for Q4 was already low, and the print came in weak but broadly in line.$Lululemon(LULU.US)Key takeaways:Revenue slightly beat. Q4 revenue rose 0.8...Dolphin Research
Tue, Mar 17
Fintech lender SoFi falls after Muddy Waters reveals short position
Fintech lender SoFi Technologies' SOFI.O shares fall 5.2% to $16.72Muddy Waters Research says it is short the stock; alleges that SOFI is a "financial engineering treadmill, not a healthily growing origination business"Short seller alleges that SOFI "appears to have a material missta...Reuters
Tue, Mar 17
