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Shares in online lender Kbank rise in South Korean market debut after IPO
SEOUL, March 5 (Reuters) - Shares in South Korean online lender KBank 279570.KS traded as high as 9,880 won ($6.76) per share on Thursday morning after its market debut, 19% above its initial public offering price of 8,300 won per share. Last month, Kbank priced its IPO at the bottom of end of i...Reuters
Thu, Mar 5
Anthropic shakes off Pentagon beef as annual revenue surges past astonishing $19 billion
AI giant Anthropic disclosed on Wednesday that its annual revenue has surpassed $19 billion, which is more than double where its run rate sat late last year ($9 billion) as the company continues its middle finger act to the US Department of Defense. According to Anthropic, the surge came from heavieCryptopolitan
Thu, Mar 5
Shares in online lender Kbank rise in South Korean market debut after IPO
SEOUL, March 5 (Reuters) - Shares in South Korean online lender KBank 279570.KS traded as high as 9,880 won ($6.76) per share on Thursday morning after its market debut, 19% above its initial public offering price of 8,300 won per share. Last month, Kbank priced its IPO at the bottom of end of iReuters
Thu, Mar 5
American Eagle forecasts sales growth above estimates on demand from wealthy shoppers
Marketing targets affluent Gen Z shoppers, boosting salesTariffs impact gross margin, similar to rivalsAerie brand drives holiday revenue growth despite retail slowdownBy Sanskriti Shekhar March 4 (Reuters) - American Eagle Outfitters AEO.N forecast annual sales above estimates on Wednesday, bet...Reuters
Wed, Mar 4
American Eagle Outfitters Tops Q4 Estimates, but Tepid Outlook, Margin Pressure Fade Gains
American Eagle shares were briefly jolted higher as Wall Street reacted positively to a top- and bottom-line beat but faded the knee-jerk gains on the retailer’s underwhelming outlook for the full year, tariff-related margin pressure, and 10% increase in inventory at the end of the year.For the four...Tiger News
Wed, Mar 4
South Korean retail investors panic as world-beating stock gains vanish
KOSPI's AI-driven rally reverses as energy prices surgeForeign outflows drive selloff in large-cap tech stocksWon weakens past 1,500-per-dollar psychological barrier South Korea relies on Middle East for 70% of oil importsBy Cynthia Kim and Jihoon Lee SEONGNAM, South Korea, March 4 (Reuters) ...Reuters
Wed, Mar 4
GLOBAL MARKETS-US, European stocks rise as oil takes a pause and crypto rallies
NEW YORK/LONDON, March 4 (Reuters) - U.S. and European equities rose on Wednesday as oil prices took a breather after their dramatic two-day rally and a surge in cryptocurrencies encouraged investors to take on risk while cautiously monitoring the Middle East war.Reuters
Wed, Mar 4
PepGen falls after US FDA puts partial hold on mid‑stage drug trial
Shares of drug developer PepGen PEPG.O fall 17% to $5.60 in extended tradingPEPG says the U.S. FDA has put a partial clinical hold on its mid‑stage trial of a rare muscle disease drugThe drug, PGN‑EDODM1, is being tested for myotonic dystrophy type 1, which causes progressive muscle weaknessCo says ...Reuters
Wed, Mar 4
Top 5 US Stock Gainers/Losers (>100B) (3.4)
AppLovin(APP) rose 10.01%, with a trading turnover 3.9 Billion USD, and a year-to-date fell 28.3%. Arista Networks(ANET) rose 8.21%, with a trading turnover 913.5 Million USD, and a year-to-date rose 2.9%. ConocoPhillips(COP) fell 2.42%, with a trading turnover 1.2 Billion USD, and a year-to-date rose 24.5%. Boston Scientific(BSX) fell 2.22%, with a trading turnover 1.1 Billion USD, and a year-to-date fell 24.3%.Longport
Wed, Mar 4
Top 10 US Stock Losers (3.4)
indie Semiconductor(INDI) fell 18.35%, with a trading turnover 117.1 Million USD, and a year-to-date fell 26.9%. ImmunityBio(IBRX) fell 10%, with a trading turnover 302.3 Million USD, and a year-to-date rose 354.5%. Turning Point Brands(TPB) fell 9.29%, with a trading turnover 106.4 Million USD, and a year-to-date fell 10%.Longport
Wed, Mar 4
US STOCKS-US stocks close up on Iran diplomacy hopes; tech leads rebound
Oil market stabilization efforts by Trump provide some reliefProspect of prolonged war could bring additional inflation, volatilityInvestors rush to tech stocks Nasdaq climbs 1.29%, S&P rises 0.78%, Dow ends up 0.49%By Sabrina Valle and Johann M Cherian March 4 (Reuters) - U.S. stocks closed...Reuters
Wed, Mar 4
Top 5 CDRs Gainers/Losers (>100M) (3.4)
Chaince Digital(CD) rose 24.92%, with a trading turnover 1.7 Million USD, and a year-to-date rose 60.4%. ECARX(ECX) rose 12.82%, with a trading turnover 12.9 Million USD, and a year-to-date rose 2.3%. Agora(API) fell 5.48%, with a trading turnover 1.8 Million USD, and a year-to-date rose 5.9%. Melco Resorts & ENT(MLCO) fell 5.04%, with a trading turnover 14.5 Million USD, and a year-to-date fell 22.9%.Longport
Wed, Mar 4
Top 10 US Stock Gainers (3.4)
Babcock & Wilcox(BW) rose 45.68%, with a trading turnover 203.3 Million USD, and a year-to-date rose 86.1%. Day One Biopharmaceuticals(DAWN) rose 28.32%, with a trading turnover 150.4 Million USD, and a year-to-date rose 38.1%. Galaxy Digital(GLXY) rose 17.7%, with a trading turnover 202.3 Million USD, and a year-to-date rose 8.9%.Longport
Wed, Mar 4
TRADING DAY-Respite, but for how long?
By Jamie McGeever ORLANDO, Florida, March 4 (Reuters) - U.S. and European stock markets registered solid gains on Wednesday, on hopes that conflict in the Middle East might soon cool, while stabilization in oil and energy markets also helped lay the ground for a rebound in other beaten-down a...Reuters
Wed, Mar 4
US FDA puts partial clinical hold on PepGen's muscle disease drug trial
March 4 (Reuters) - PepGen PEPG.O said on Wednesday that the U.S. Food and Drug Administration has placed a partial clinical hold on its mid‑stage trial of a rare muscle disease drug, sending its shares plunging over 25% in extended trading.The drug, PGN‑EDODM1, is being tested for myotonic dystroph...Reuters
Wed, Mar 4
Cracker Barrel gains on second-quarter surprise profit
Shares of Cracker Barrel CBRL.O climb 7.7% to $33 after the bellPosts adjusted profit of 25 cents per share in the second-quarter, compared to analysts' average estimates of a 30 cents loss per share - data compiled by LSEGCBRL expects 2026 adjusted core profit between $85 million and $100 milli...Reuters
Wed, Mar 4
CANADA STOCKS-TSX rebounds as technology sector gains over 2%
TSX ends up 0.5% at 33,942.86Tech gains 2.2%, with Shopify up 6%SSR Mining jumps 14.6%Services economy shrinks for fourth monthBy Fergal Smith TORONTO, March 4 (Reuters) - Canada's main stock index clawed back on Wednesday some of the previous day's sharp declines as technology shares cli...Reuters
Wed, Mar 4
Hudson Technologies Q4 revenue beats estimates on higher sales volume
OverviewRefrigerant provider's Q4 revenue grew 28%, beating analyst expectationsQ4 loss came below analyst expectationsCompany completed acquisition of Refrigerants Inc. and announced $20 mln share repurchase in Q4OutlookCompany anticipates low-to-mid single digit revenue growth in Q1 2026Hudson...Reuters
Wed, Mar 4
