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Why Broadcom Stock Is Tumbling Again Today
Shares of the semiconductor company Broadcom (NASDAQ: AVGO) were falling this morning as investors continued to exit the broader tech sector amid tariff concerns. Broadcom's stock is down nearly 18% over the past month on growing fears that the massive spending in the artificial intelligence (AI) sp...The Motley Fool
Mon, Mar 31
Goodyear Tire & Rubber up after Deutsche Bank upgrades shares
** Shares of Goodyear Tire & Rubber GT.O up 4% to $9 after Deutsche Bank hikes rating to "buy" from "hold" ** Brokerage says co has "necessary traction to achieve its targeted $1.5 bln in cost savings and margin improvement by the end of 2026"** Maintains PT at $13, a...Reuters
Mon, Mar 31
Why Meta Platforms Stock Was Pulling Back Today
Shares of Meta Platforms (NASDAQ: META) were pulling back today on a combination of a broad-based sell-off related to the upcoming "Liberation Day" round of tariffs, and as one analyst lowered its price target on the stock, weighing on the shifting macroeconomic climate.As of 10:11 a.m. ET, the stoc...The Motley Fool
Mon, Mar 31
Why Nvidia-Backed CoreWeave Stock Is Plunging a Day After Its IPO
The much-anticipated initial public offering (IPO) of CoreWeave (NASDAQ: CRWV) came Friday. The stock ended the day where it started trading at its offering price of $40 per share. But stock in the artificial intelligence (AI) hyperscaler is plunging on its first full day of trading.AI leader Nvidia...The Motley Fool
Mon, Mar 31
GLOBAL MARKETS-Stocks drop, gold hits record as tariffs stoke recession worries
Wall Street stocks trade lowerTrump says US tariffs to cover all countriesFlight to safety buoys bonds, gold hits recordBy Samuel Indyk and Chibuike Oguh NEW YORK/LONDON, March 31 (Reuters) - Global equity markets were lower and safe-haven gold hit a fresh record high on Monday after U.S. Presid...Reuters
Mon, Mar 31
Why Tesla Stock Is Down Again Today
Shares of the electric carmaker Tesla (NASDAQ: TSLA) once again found the red today, as stocks extended their sell-off and another analyst lowered his price target on the stock. Tesla is trading about 5% lower as of 11:08 a.m. ET.More concerns about first-quarter deliveriesWhere to invest $1,000 rig...The Motley Fool
Mon, Mar 31
Cable news channel Newsmax's shares triple in NYSE debut after $75 million mini IPO
** Conservative cable news channel Newsmax's NMAX.N shares jump as much as 209.1% to $30.91 in NYSE debut** Stock opened at $14 vs offer price of $10, trading halted multiple times for volatility** Florida-based NMAX sold 7.5 million shares to raise $75 million in its offering under Regulation A...Reuters
Mon, Mar 31
Why Shares of Mr. Cooper Group Are Blasting Higher Today
Shares of the mortgage-servicing company Mr. Cooper Group (NASDAQ: COOP) had blasted 16.3% higher at 10:38 a.m. ET, after the company announced that it had agreed to be acquired by the mortgage giant Rocket Companies.Consolidation within the mortgage industryWhere to invest $1,000 right now? Our ana...The Motley Fool
Mon, Mar 31
Corcept hits record high as ovarian cancer drug succeeds late-stage trial
** Shares of drugmaker Corcept Therapeutics CORT.O soars as much as 91.7% to record high of $104.73 ** Stock last up 83.6% at $100.29 ** CORT says its experimental drug for ovarian cancer in combination with chemotherapy met the main goal of a late-stage trial** Co says the drug, relacorilant, ...Reuters
Mon, Mar 31
Scotiabank falls after BofA downgrades to 'neutral'
** Canadian lender Scotiabank's BNS.TO shares fall as much as 2.1%; last down 1.1% to C$67.58** BofA Global Research downgrades company's shares to "neutral" from "buy" given worsening economic outlook and the bank's exposure to Mexico** BofA Economics earlier this month ...Reuters
Mon, Mar 31
EMERGING MARKETS-Latam stocks slide on tariff concerns; Colombia policy decision awaited
Colombia cenbank likely to resume cuts as new members debutArgentina seeks first tranche of above 40% under IMF programBrazil c.bank says inflation expectations due to fiscal concernsBy Johann M Cherian March 31 (Reuters) - Latin American stocks took a hit and currencies were little changed on Mo...Reuters
Mon, Mar 31
LIVE MARKETS-Midwest manufacturing grows unexpectedly less cloudy
Main US indexes red; Nasdaq off most, down >1.5%Cons Disc weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index falls ~1.4%Dollar rises; bitcoin, gold both up >1%; crude up >2%US 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets broug...Reuters
Mon, Mar 31
Citi cuts PTs of commercial vehicle makers on dour 2025 outlook
** Citi Research cuts PT of commercial vehicle makers Cummins CMI.N to $360 from $430, Allison Transmission ALSN.N to $108 from $115 and PACCAR PCAR.O to $105 from $112** Brokerage cites ACT Research's recent cuts to its North America commercial vehicle outlook and sluggish freight market condit...Reuters
Mon, Mar 31
RBC raises Flagstar PT on management and portfolio strength
** Brokerage RBC Capital Markets raises PT on regional lender Flagstar Financial FLG.N to $13 from $12** Says the new management team appears capable and understand the importance of task at hand** "We appreciate the company’s conservatively underwritten, rent-regulated multifamily portfolio tha...Reuters
Mon, Mar 31
Newsmax likely to open up to 40% above offer price after $75 million mini-IPO
** Conservative cable news channel Newsmax's NMAX.N shares set to open up to 40% above their offer price in their debut on New York Stock Exchange on Monday ** Stock recently indicated to open between $12 and $14 apiece vs $10 offer price ** Florida-based NMAX sold 7.5 mln shares to raise $7...Reuters
Mon, Mar 31
CANADA STOCKS-TSX set for monthly loss as Trump's tariff announcement nears
By Sanchayaita Roy March 31 (Reuters) - Canada's main stock index fell on Monday, dragged by information technology stocks, as investors shunned risky assets amid concerns that U.S. President Donald Trump's upcoming tariffs will hurt the global economy.Toronto Stock Exchange's S&...Reuters
Mon, Mar 31
France's M&P, Spain's Repsol say Venezuela oil licences revoked by US
Trump administration revoking licences of oil firmsMove aimed at curbing exports by Venezuelan state oil firm PDVSALicences had been granted by Biden administration M&P shares down 15% March 31 (Reuters) - French oil group Maurel et Prom MAUP.PA said on Monday that the United States had revok...Reuters
Mon, Mar 31
Tractor Supply rises after D.A. Davidson cites sales pickup
** Tractor Supply's TSCO.O shares up 2.3% at $54.71, a three-week high, and bucking broader weakness in equities on Mon after D.A. Davidson cites accelerating point-of-sales data** Brokerage says farming supplies retailer's point-of-sales are up 4.7% in 1Q25 to date, up from 1.1% growth last...Reuters
Mon, Mar 31
