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Why Arcos Dorados Stock Is Sinking Today
Arcos Dorados (NYSE: ARCO) is the largest independent McDonald's franchisee with 2,400 locations across Latin America and the Caribbean. Its shares were down 7% as of 1 p.m. ET Wednesday, according to data provided by S&P Global Market Intelligence.The sub-franchisee reported first-quarter earnings ...
The Motley Fool
Wed, May 14
MNTN Files for IPO, targeting up to $187 million
Investing.com -- Connected TV advertising platform MNTN Inc. filed to raise up to $187 million in an initial public offering, according to a prospectus filed Wednesday with the U.S. Securities and Exc
Investing.com
Wed, May 14
Giftify Inc reports results for the quarter ended March 31 - Earnings Summary
Giftify Inc GIFT.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 10 cents per share. Revenue was $22.28 million; analysts expected $24.80 million. Giftify Inc's reported EPS for the quarte...
Reuters
Wed, May 14
Waymo recalls 1,200 self-driving vehicles in US after minor collisions
Waymo software update is to address collisions with gates, chains and other roadway barriersAlphabet unit running more than 250,000 rides weeklyWaymo plans to expand to cities including Miami, WashingtonBy David Shepardson, Deborah Mary Sophia WASHINGTON, May 14 (Reuters) - Alphabet's GOOGL.O...
Reuters
Wed, May 14
LIVE MARKETS-Retailers, Nvidia still due to report this earnings season
Nasdaq up ~0.4%, S&P 500 edges red, Dow dipsHealthcare weakest S&P 500 sector; Comm Svcs leads gainersDollar ~flat; crude dips; bitcoin off ~1.5%; gold down ~2%US 10-Year Treasury yield rises to ~4.53%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...
Reuters
Wed, May 14
Apple Vision Pro to allow eye-scrolling, Bloomberg reports
Investing.com -- Apple Inc (NASDAQ:AAPL) is testing a new eye-scrolling feature for its Vision Pro headset, according to a report by Bloomberg, as the company works to refine the device’s user interfa
Investing.com
Wed, May 14
eToro surges in IPO debut, pushing valuation to $6 billion
Investing.com -- Global online broker eToro Group Ltd (NASDAQ:ETOR) surged in its IPO debut Wednesday. Shares opened at $69.69 after pricing at $52. The stock last traded at $72.25, up about 39%
Investing.com
Wed, May 14
Magnera slides after Wells Fargo downgrades to 'equal weight' rating
** Shares of papers manufacturer Magnera Corporation MAGN.N fall ~5.6% to $14.2** Wells Fargo downgrades MAGN to "equal weight" from "overweight" rating, citing elevated tariff-related risk in the foreseeable future** Brokerage expects MAGN's volumes to likely decline year-over-y...
Reuters
Wed, May 14
Chimera Investment Corp rises after UBS upgrades on strong book value performance
** Brokerage UBS upgrades mortgage REIT Chimera Investment Corp CIM.N to "buy" from "neutral", raises PT to $15 from $11.50** New PT represents an 11.5% upside to the stock's last close** Shares of CIM rise 3.3% to $13.46** CIM's book value has performed better than expected,...
Reuters
Wed, May 14
Parsons jumps on Middle East contract wins, including $97 billion in Qatar
Investing.com -- Shares of Parsons Corp (NYSE:PSN) jumped over 2% higher Wednesday after it was announced by the White House that the company has successfully won 30 projects worth up to $97 billi
Investing.com
Wed, May 14
Nutex Health Inc reports results for the quarter ended March 31 - Earnings Summary
Nutex Health Inc NUTX.OQ reported quarterly adjusted earnings of $2.56 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -60 cents. The mean expectation of three analysts for the quarter was for earnings of $2.29 per share. Wall Str...
Reuters
Wed, May 14
Intuitive Machines Inc reports results for the quarter ended March 31 - Earnings Summary
Intuitive Machines Inc LUNR.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.70. The mean expectation of five analysts for the quarter was for a loss of 8 cents per share. Wall ...
Reuters
Wed, May 14
Why Arm Holdings Stock Was Moving Higher Today
Shares of Arm Holdings (NASDAQ: ARM) are moving higher today for two primary reasons. First, there was an upward trend in semiconductor stocks as several companies announced AI deals in the Middle East, assuaging concerns that "AI diffusion" rules won't be as strict as some had feared. Additionally,...
The Motley Fool
Wed, May 14
Why Oklo Stock Is Skyrocketing Today
Shares of Oklo (NYSE: OKLO) are skyrocketing on Wednesday. The nuclear power start-up's stock surged 16% as of 12:17 p.m. ET today and gained as much as 22.9% earlier in the day. The impressive jump comes as the S&P 500 and Nasdaq Composite gained 0.1% and 0.6%, respectively.The company, which is de...
The Motley Fool
Wed, May 14
LIVE MARKETS-Hard data resilience points to strong stock returns
Nasdaq up ~0.8%, S&P 500 modestly green, Dow edges lowerComm Svcs leads S&P 500 sector gainers; Healthcare weakest groupDollar, crude dip; bitcoin off ~1%; gold down ~2%US 10-Year Treasury yield edges up to ~4.52%Welcome to the home for real-time coverage of markets brought to you by Reuters...
Reuters
Wed, May 14
Verrica Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Verrica Pharmaceuticals Inc VRCA.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of six analysts for the quarter was for a loss of 10 cents per shar...
Reuters
Wed, May 14
Ubisoft misses estimates as net bookings fall 20.5% YoY
Investing.com -- Ubisoft Entertainment (EPA:UBIP) reported lower-than-expected earnings for fiscal year 2024-25 as net bookings declined 20.5% year-over-year, reflecting weaker partnerships and in
Investing.com
Wed, May 14
NVIDIA, AMD targets raised at BofA following sovereign AI deals
Investing.com -- Bank of America raised its price targets for NVIDIA and AMD (NASDAQ:AMD) on Wednesday, citing wins in sovereign artificial intelligence projects that could help offset export restrict
Investing.com
Wed, May 14
US STOCKS-S&P 500 directionless as investors focus on global trade moves
Indexes up: Dow 0.09%, S&P 500 0.20%, Nasdaq 0.66%Boeing rises after Qatar Airways signs deal for 160 jetsAmerican Eagle Outfitters drops after withdrawing FY forecastAMD gains after announcing $6 billion buyback planBy Shashwat Chauhan and Pranav Kashyap May 14 (Reuters) - The S&P 50...
Reuters
Wed, May 14
Trading platform eToro jumps in cracking Nasdaq debut after $620 mln IPO
** Retail trading platform eToro Group's ETOR.O shares open 34% above offer price in Nasdaq debut ** Stock opens at $69.69 vs $52 IPO price ** Israel-based ETOR and some existing stockholders sold ~11.9 million shares at $52 apiece to raise $620 million in an upsized IPO *...
Reuters
Wed, May 14
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