News
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LIVE MARKETS- Shock absorbers that could limit tariffs' inflation impact - at least, a little
S&P 500, Dow off >1%; Nasdaq slides >2%Comm svcs off most among S&P sectors; utilities only gainerEuro STOXX 600 index off ~0.8%Dollar, crude down; gold up; bitcoin down >3%U.S. 10-Year Treasury yield falls to ~4.27%Welcome to the home for real-time coverage of markets brought to yo...Reuters
Fri, Mar 28
Milestone Pharma hits record low after FDA declines to approve heart rhythm nasal spray
** Shares of drug developer Milestone Pharmaceuticals MIST.O fall as much as 66.7% to record low of 75 cents ** Stock down 59% at 92 cents in afternoon trade ** US FDA declined to approve MIST's nasal spray, Cardamyst, to treat a type of heart condition, company says** FDA raised no ...Reuters
Fri, Mar 28
Best Stock to Buy Right Now: Fubo vs. Disney
Two adversaries are coming together, but which stock is right for you?FuboTV (NYSE: FUBO) has always been the David to Disney's (NYSE: DIS) Goliath. Fubo's flagship platform is a fledgling live TV streaming service with a heavy emphasis on sports programming. Disney's Hulu Live TV is the country's...The Motley Fool
Fri, Mar 28
Why Nano Dimension Stock Was Sinking This Week
3D printing company Nano Dimension (NASDAQ: NNDM) probably can't wait for the weekend to come. Its stock took some significant hits over the past few days in response to a court ruling and management's reaction to it. As a result, the shares were trading down nearly 22% week to date as of early afte...The Motley Fool
Fri, Mar 28
H.B. Fuller down after Baird cuts PT on macro uncertainty
** Shares of adhesive manufacturing and specialty chemical company H.B. Fuller FUL.N down 3.8% to $55.45** Baird cuts price target to $60 from $73** While there is enormous near-term uncertainty as it relates to the operating environment, we believe that FUL is executing its internal self-improvemen...Reuters
Fri, Mar 28
US STOCKS-Wall St dives as fresh data ignites inflation concerns
US core inflation firmer in FebruaryUBS Global Wealth Management cuts S&P 500 year-end targetLululemon shares slide after bleak annual outlookIndexes off: Dow 1.19%, S&P 500 1.39%, Nasdaq 1.96%By Pranav Kashyap and Johann M Cherian March 28 (Reuters) - Wall Street's primary indexes fe...Reuters
Fri, Mar 28
UBS joins Wall Street firms in cutting S&P 500's annual target to below 6500
March 28 (Reuters) - UBS Global Wealth Management cut the S&P 500's 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic impact of U.S. tariffs. The wealth management unit of European bank UBS...Reuters
Fri, Mar 28
PayPal shares slide as EU lawmaker raises prospect of new fees amid trade tensions
March 28 (Reuters) - PayPal PYPL.O shares fell 4% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating U.S.-Europe trade tensions and potential tariffs.Uncertainty over tariffs and mounting trade actions have unsettled global ma...Reuters
Fri, Mar 28
U.S. STOCKS ON THE MOVE-Camden Property Trust, Beam Therapeutics, W.R. Berkley
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes took a step back on Friday, as fresh data highlighted an uptick in underlying price pressures that surpassed expectations, igniting concerns that the Trump adm...Reuters
Fri, Mar 28
LIVE MARKETS-TGIF: Hot inflation and a cooling US consumer
S&P 500, Dow off >1%; Nasdaq slides >2%Comm svcs off most among S&P sectors; utilities biggest gainerEuro STOXX 600 index off ~0.7%Dollar, crude dip; gold up; bitcoin down >3%U.S. 10-Year Treasury yield falls to ~4.28%Welcome to the home for real-time coverage of markets brought to ...Reuters
Fri, Mar 28
Why Braze Stock Popped Today
Shares of Braze (NASDAQ: BRZE), a customer engagement platform company, spiked Friday morning after the company's fiscal 2025 fourth-quarter results blew past analysts' consensus estimates. Management also issued strong fiscal 2026 guidance that added to investor optimism.As a result, Braze stock po...The Motley Fool
Fri, Mar 28
South African rand slips as US tariff and budget worries linger
JOHANNESBURG, March 28 (Reuters) - South Africa's rand slipped on Friday, as concerns lingered over U.S. President Donald Trump's tariffs and an impasse between the ruling coalition's two biggest parties over the state budget.At 1507 GMT, the rand traded at 18.3975 against the dollar ZAR...Reuters
Fri, Mar 28
PayPal falls after lawmaker says EU could charge fees on co in US tariff dispute
** Shares of payments firm PayPal PYPL.O fall 4.5% to $65.79, a seven-month low** A senior European lawmaker said on Friday the European Union could charge fees on co as part of a tariff dispute with the United States** Separately on Friday, a German government spokesperson when asked whether counte...Reuters
Fri, Mar 28
Why Wolfspeed Stock Imploded on Friday
Friday is looking like a lousy day to own stock in Wolfspeed (NYSE: WOLF) -- and nobody seems to know why.Thursday evening, the maker of silicon carbide semiconductor chips for power transfer announced it has chosen chip industry veteran Robert Feurle, who previously worked at companies such as Micr...The Motley Fool
Fri, Mar 28
Could Buying JPMorgan Equity Premium Income ETF Today Set You Up for Life?
Some funds look weak at first glance. Then you click the little checkbox that enables a dividend reinvestment plan (DRIP), and the droopy fund springs to life. Those quarterly cash distributions can be game-changers in the long run when you reinvest them.Make your investments work smarter, not harde...The Motley Fool
Fri, Mar 28
Why Rocket Lab Stock Bounced Back on Friday
Rocket Lab (NASDAQ: RKLB) shareholders received some wonderful news Thursday night when the U.S. Department of Defense announced that the company, along with privately held Stoke Space, had been added to "Lane 1" of Phase 3 of the National Security Space Launch program by U.S. Space Force.In respons...The Motley Fool
Fri, Mar 28
CANADA STOCKS-TSX hits one-week low as US inflation data rattles markets
By Sanchayaita Roy March 28 (Reuters) - Canadian stocks fell on Friday as U.S. inflation figures revealed rising price pressures, exacerbating investor worries already heightened by tariffs. Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 1% at 24,900.84, its lowes...Reuters
Fri, Mar 28
EMERGING MARKETS-Latam FX, stocks eye weekly losses as Trump's tariffs hit risk-taking
Latam stocks down 2%, FX off 0.6%Mexican peso hits over three-week lowBrazil real set for first weekly loss in fourBy Shashwat Chauhan March 28 (Reuters) - Most Latin American currencies and stocks were set for weekly losses on Friday, as risk-sentiment remained weak after U.S. President Donald T...Reuters
Fri, Mar 28
Emeren gets takeover proposal, says CEO to step down; shares fall
** Shares of U.S.-based solar firm Emeren Group SOL.N fall 1.7% to $1.64** Company forms special committee to evaluate a going-private proposal received on March 17** SOL did not disclose the name of its potential acquirer or the price, if any** Yumin Liu to step down as chief executive officer, eff...Reuters
Fri, Mar 28
