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CANADA STOCKS-TSX on track for eighth day of gains on trade optimism
By Sanchayaita Roy May 15 (Reuters) - Canada's main stock index edged higher on Thursday, although the gains were capped by a dip in energy stocks, while investors remained optimistic on more potential trade deals around the world with the U.S.The Toronto Stock Exchange's S&P/TSX com...
Reuters
Thu, May 15
Dick's Sporting to buy Foot Locker for $2.4 billion to fight soft demand
Dick's offers $24 per share of Foot Locker, 86% premium to last closeDeal broadens Dick's foothold in international marketsFoot Locker's shares surge 85%, Dick's stock down 14% By Savyata Mishra May 15 (Reuters) - Dick's Sporting Goods DKS.N has agreed to acquire smaller riva...
Reuters
Thu, May 15
Why New Fortress Energy Stock Crashed After Earnings
Liquefied natural gas (LNG) stock New Fortress Energy (NASDAQ: NFE) imploded in morning trading Thursday after reporting staggering losses and a big asset sale.Expected to lose $0.05 per share, New Fortress instead reported last night that it lost $0.73 per share in Q1 2025. Shares plunged 62.6% thr...
The Motley Fool
Thu, May 15
Rubrik rating cut: Mizuho says stock is now fairly valued
Investing.com -- Mizuho downgraded shares of Rubrik to Neutral from Outperform in a note to clients on Thursday. The firm pointed to valuation concerns after a strong rally that has pushed the stock t
Investing.com
Thu, May 15
Is Royal Caribbean Cruise Line Stock Still a Buy?
The stock has soared since my previous buy recommendation.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of May 11, 2025. The video was published on May 13, 2025.Should...
The Motley Fool
Thu, May 15
Phillips 66 divests interest in Germany and Austria retail unit; shares fall
** Shares of U.S. refiner Phillips 66 PSX.N down 1.3% at $123.06 ** Company says it will sell 65% of its stake in its German and Austrian fuel retail business to a consortium led by Energy Equation Partners and Stonepeak in deal valuing the unit at $2.8 billion** PSX expects to receive about $1.6 bi...
Reuters
Thu, May 15
GLOBAL MARKETS-Oil prices drop on US-Iran progress; stocks surge stalls
Stocks struggle, oil prices tumbleFed chair warns of a period of 'more frequent' shocksUS retail sales lackluster, Walmart warns on uncertaintyBy Chris Prentice and Marc Jones NEW YORK/LONDON, May 15 (Reuters) - Oil dropped over 2% on Thursday as a potential U.S.-Iran nuclear deal raised ...
Reuters
Thu, May 15
Luminar Stock Is Getting Crushed After Founder's Abrupt Exit
Shares of lidar maker Luminar Technologies (NASDAQ: LAZR) were trading sharply lower on Thursday morning, after the company announced that its founder would depart following an internal investigation.As of 10:30 a.m. ET, Luminar's shares were down about 17.6% from Wednesday's closing price.Where to ...
The Motley Fool
Thu, May 15
Foran Mining falls after BMO downgrades to 'market perform'
** Shares of Canada-based Foran Mining FOM.TO dip ~4.3% to C$3.11** BMO downgrades FOM to "market perform" from "outperform" rating, cuts PT to C$3.75 from C$5** On Tuesday, FOM provided a capital cost update for phase 1 production at its McIlvenna Bay project** Brokerage says higher...
Reuters
Thu, May 15
Analysts raise price targets on CoreWeave after blowout Q1, despite CapEx concerns
Investing.com -- CoreWeave Inc (NASDAQ:CRWV) reported a strong debut earnings release as a public company, delivering better-than-expected revenue and robust guidance. Yet, shares fell by 5.4% in
Investing.com
Thu, May 15
1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Soars Higher
Datadog (NASDAQ: DDOG), a cloud observability and security solutions provider, had a torrid run on the stock market in the first three months of the year. It then hit a 52-week low on April 7, but the stock has made a remarkable comeback since then.Shares have shot up 28% from their 52-week low, and...
The Motley Fool
Thu, May 15
Why Foot Locker Is Outpacing Dick's Sporting Goods Today
Dick's Sporting Goods (NYSE: DKS) has agreed to acquire Foot Locker (NYSE: FL) for $2.5 billion, which is a substantial premium to the target's current trading price.Foot Locker shares are jumping as a result, up 83% as of 10:15 a.m. ET, while Dick's is down about 15%.Where to invest $1,000 right no...
The Motley Fool
Thu, May 15
Why Boot Barn Stock Popped After Earnings
Boot Barn (NYSE: BOOT) stock was trading up by 17.5% as of 10:37 a.m. ET Thursday, and it's pretty clear what powered that surge.In the fiscal 2025 fourth-quarter earnings report that it delivered on Wednesday evening, the retailer said it earned $1.22 per share on sales of $453.7 million. That came...
The Motley Fool
Thu, May 15
Walmart Inc reports results for the quarter ended April 30 - Earnings Summary
Walmart Inc WMT.N reported quarterly adjusted earnings of 61 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of thirty two analysts for the quarter was for earnings of 58 cents per share. Wall ...
Reuters
Thu, May 15
Analysts see long-term upside in Alibaba despite earnings miss
Investing.com -- Alibaba Group Holdings’ (NYSE:BABA) latest quarterly results prompted a negative response from investors, as shares fell 7.5%, but analysts at UBS and Morgan Stanley (NYSE:MS) r
Investing.com
Thu, May 15
Biohaven drops after FDA extends review period for genetic disease drug
** Shares of drugmaker Biohaven BHVN.N fall 15.3% to a near 2-year low of $16.58** Late on Wednesday, co said the US FDA extended the review period of the marketing application for its genetic disease drug, troriluzole, by three months** FDA's decision is now expected in fourth quarter of the ye...
Reuters
Thu, May 15
Health insurers turns red on report UnitedHealth faces Medicare fraud probe
** Shares of some health insurers fall after the Wall Street Journal reported, late on Wednesday, that the U.S. Department of Justice was investigating UnitedHealth Group UNH.N for potential Medicare fraud** UNH said it had not been notified by the DOJ about the "supposed criminal investigation ...
Reuters
Thu, May 15
Xponential Fitness CEO Mark King announces retirement; shares fall
** Shares of boutique fitness franchiser Xponential Fitness XPOF.N down as much as 21.2% at $7.75 in early trading** Co announces CEO Mark King to retire due to health reasons** Says King will continue to serve as CEO while co searches for his successor** King was appointed in his role in June last ...
Reuters
Thu, May 15
JPMorgan flags signs of fatigue among retail investors
Investing.com -- Retail investors may be running out of steam after a strong run, according to a new note from JPMorgan (NYSE:JPM) on Thursday. The bank told investors that it sees signs that the rece
Investing.com
Thu, May 15
Here are 3 key reasons why markets are rallying
Investing.com -- Markets have staged a strong rally in recent weeks, and according to the Sevens Report, there are three core drivers behind the shift in sentiment, even as some analysts remain skepti
Investing.com
Thu, May 15
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