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Enphase Energy double-downgraded by Barclays on possible Section 25D repeal
Investing.com -- Barclays has slashed its rating on Enphase Energy (NASDAQ:ENPH) to Underweight from Overweight, citing the potential repeal of Section 25D, a key tax credit for homeowners purchasing
Investing.com
Tue, May 13
UnitedHealth hits 4-year low after CEO Witty steps down, 2025 forecast suspended
** Shares of health insurer UnitedHealth Group UNH.N fall 14.7% to over four-year low of $324.03** CEO Andrew Witty decides to step down for personal reasons** Former CEO Stephen Hemsley returns to the top role after stepping down in 2017 ** "We believe the move should be welcome by the Stre...
Reuters
Tue, May 13
Lifeway Foods Inc reports results for the quarter ended March 31 - Earnings Summary
Lifeway Foods Inc LWAY.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 16 cents. The lone analyst forecast for the quarter was for earnings of 19 cents per share. Revenue rose 3.3% ...
Reuters
Tue, May 13
New House bill revives risk to Intuit’s TurboTax business: BNPP Exane
Investing.com -- A new U.S. House proposal could pose a significant competitive threat to Intuit ’s (NASDAQ:INTU) TurboTax business, according to a research note from BNP Paribas (OTC:BNPQY) Exane.
Investing.com
Tue, May 13
Prediction: This AI Stock Will Be Worth More Than IonQ by 2030
Society is on the cusp of game-changing technologies that will likely revolutionize how the world works over the coming years. Specifically, I'm talking about artificial intelligence (AI) and quantum computing.It's entirely possible that quantum computing creates and elevates technologies, including...
The Motley Fool
Tue, May 13
COLUMN-What was the point of April's market chaos?: McGeever
By Jamie McGeeverORLANDO, Florida, May 13 (Reuters) - The fog of uncertainty created by U.S. President Donald Trump's trade war is suddenly lifting, although doubts over its longer-term economic impact will linger. As will another question: what was the point of all that 'Liberation Day'...
Reuters
Tue, May 13
Hertz skids after Q1 report disappoints
** Shares of Hertz Global HTZ.O down ~19% at $5.64 early Tues, snapping four-day winning streak, after rental car firm's Q1 results miss Wall Street's expectations** Estero, Florida-based Hertz late Mon posted adj loss/sh of $1.12, marking 6th straight qtrly loss. Analysts anticipated loss o...
Reuters
Tue, May 13
Maybe 2025 Won't Be Such a Quiet Year for Rivian
Rivian Automotive (NASDAQ: RIVN) has come a long way in such a short time. It's challenging to produce vehicles, let alone make high-quality ones that are well-received by critics and consumers alike -- and Rivian has achieved that goal. 2025 was setting up to be a quiet year, with its next vehicle ...
The Motley Fool
Tue, May 13
US STOCKS-S&P 500, Nasdaq edge up as markets eye inflation data
Indexes: Dow down 0.38%, S&P 500 up 0.21%, Nasdaq up 0.57%April CPI at 2.3% YoY versus 2.4% estimateCoinbase up after firm to join S&P 500UnitedHealth suspends annual forecast, CEO steps downBy Shashwat Chauhan and Pranav Kashyap May 13 (Reuters) - The S&P 500 and the Nasdaq inche...
Reuters
Tue, May 13
LIVE MARKETS-US stocks start out mixed after inflation report
Nasdaq up ~0.7%, S&P 500 modestly green, Dow declinesCons Disc leads S&P 500 sector gainers; Healthcare weakest groupEuro STOXX 600 index up ~0.1%Dollar down; gold ~flat; bitcoin, crude both up ~1%US 10-Year Treasury yield edges up to ~4.47%Welcome to the home for real-time coverage of marke...
Reuters
Tue, May 13
Bernstein says market overreacting to Trump order, sees limited new impact on PBMs
Investing.com -- Bernstein analysts say the market has overreacted to President Trump’s latest executive order on drug pricing, arguing that the directive poses limited new risks to pharmacy benefit m
Investing.com
Tue, May 13
Atossa Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Atossa Therapeutics Inc ATOS.OQ reported a quarterly adjusted loss of 5 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -...
Reuters
Tue, May 13
First Solar rises after Wolfe Research upgrades rating
** Shares of solar panel maker First Solar FSLR.O rise 17% to $182.83 after Wolfe Research upgrades rating to "outperform" ** Brokerage attributes the upgrade to better clarity on 45X credit rules, adding co stands to earn $10 bln or ~$92/share of credits through 2031** 45X tax credits offe...
Reuters
Tue, May 13
2 Monster Stocks in the Making to Buy Now and Hold for 10 Years
Investing in promising companies before their stock prices soar is an excellent recipe for earning life-changing returns. However, with hundreds of companies vying for investors' attention, separating the wheat from the chaff can be challenging.Recognizing those corporations with long-term market-be...
The Motley Fool
Tue, May 13
Fennec Pharma rises after Q1 sales beat
** Shares of drugmaker Fennec Pharmaceuticals FENC.O rise 3.3% to $6.47** Company reports Q1 sales rose 18% to $8.8 million, compared with analysts' estimates of $8.2 million - data compiled by LSEG** Company posts quarterly net loss of 4 cents per share vs estimated loss of 9 cents per share** ...
Reuters
Tue, May 13
MIDEAST STOCKS-Most Gulf Markets settle higher as investors weigh U.S.-China trade truce
May 13 (Reuters) - Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh whether a temporary pause in the U.S.- China trade war would lead to a long-lasting agreement.Brent crude futures rose about 1%, to $65.61 a barrel by 1209 GMT, but g...
Reuters
Tue, May 13
Aya Gold & Silver Inc reports results for the quarter ended March 31 - Earnings Summary
Aya Gold & Silver Inc AYA.TO reported quarterly adjusted earnings of 5 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of eight analysts for the quarter was for earnings of 2 cents per shar...
Reuters
Tue, May 13
Hudson Global Inc reports results for the quarter ended March 31 - Earnings Summary
Hudson Global Inc HSON.OQ reported a quarterly adjusted loss of 59 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -95 cents. The lone analyst forecast for the quarter was for a loss of 16 cents per share. Revenue fell 6% to...
Reuters
Tue, May 13
Verb Technology Company Inc reports results for the quarter ended March 31 - Earnings Summary
Verb Technology Company Inc VERB.OQ reported a quarterly adjusted loss of $2.51 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-22.00. The lone analyst forecast for the quarter was for a loss of $2.99 per share. Revenue rose 18,...
Reuters
Tue, May 13
Legend Biotech Corp reports results for the quarter ended March 31 - Earnings Summary
Legend Biotech Corp LEGN.OQ reported a quarterly adjusted loss of 27 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -32 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 23 cents per share. ...
Reuters
Tue, May 13
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