News
Important Only
Is IonQ a Buy?
Quantum computing expert IonQ (NYSE: IONQ) is riding a Wall Street roller coaster these days. After trading largely sideways in their first three and a half years on the stock market, IonQ shares skyrocketed from $6.22 in early September 2024 to a $54.74 peak three months later. Fast-forward from ea...The Motley Fool
Thu, Mar 27
Prediction: Apple Will Soar Over the Next 5 Years. Here's 1 Reason Why.
There's no denying it. Apple (NASDAQ: AAPL) was not only late to the artificial intelligence party, but it has struggled to catch up.While the world was admittedly interested in Apple Intelligence's features unveiled in June of last year, demand for this tech -- as well as hardware that can handle i...The Motley Fool
Thu, Mar 27
Kyndryl shares slump after Gotham City alleges it manipulated metrics
March 27 (Reuters) - Shares of Kyndryl KD.N fell more than 11% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics. Gotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow ...Reuters
Thu, Mar 27
O'Reilly Automotive, AutoZone rise after Trump's planned auto tariffs
** Shares of auto parts retailers O'Reilly Automotive ORLY.O and AutoZone AZO.N rise and are among top S&P 500 .SPX performers on Thurs after Trump's latest tariffs salvo** ORLY stock up 3%, and AZO shares up 2.7%; peer Advance Auto Parts AAP.N up nearly 6%** U.S. President Donald Trump ...Reuters
Thu, Mar 27
Wolfspeed falls after it names Robert Feurle as CEO
** Shares of chipmaker Wolfspeed WOLF.N down 4% at $5.62** The company names chip industry veteran Robert Feurle as its CEO effective May 1** Feurle will succeed Thomas Werner, who will return to his role as chairman** In November, the company ousted top boss Gregg Lowe, without cause** Up to last c...Reuters
Thu, Mar 27
South African rand wobbles as markets await Trump's tariffs
JOHANNESBURG, March 27 (Reuters) - South Africa's rand weakened on Thursday as markets fretted over U.S. President Donald Trump's tariffs due next week. At 1407 GMT, the rand traded at 18.3375 against the U.S. dollar ZAR=D3, about 0.4% weaker than its previous close. Th...Reuters
Thu, Mar 27
Rigel climbs on blood disorder drug patent settlement
** Shares of drugmaker Rigel Pharmaceuticals RIGL.O rise ~3% to $19.54** RIGL says it has settled patent litigation with Annora Pharma regarding co's blood disorder drug, Tavalisse, to treat patients with immune thrombocytopenia (ITP) who haven't responded adequately to prior treatments** La...Reuters
Thu, Mar 27
LIVE MARKETS-US stocks dip with carmakers after Trump tariff plan
Main US indexes slightly redTech leads S&P 500 sector declines; Staples leads gainersEuro STOXX 600 index down ~0.5%Dollar, bitcoin, crude decline; gold up U.S. 10-Year Treasury yield edges up to ~4.36%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You...Reuters
Thu, Mar 27
Worried About a Recession? Heed This Buffett Advice to "Keep Your Head."
In 2022, the yield curve, which maps yields on U.S. Treasury bonds of different maturities, became inverted, meaning short-term Treasuries had higher yields than longer-dated ones. This inversion carried on for 783 consecutive days, the longest in history.An inverted yield curve has foreshadowed man...The Motley Fool
Thu, Mar 27
US STOCKS-Wall St declines as Trump's auto tariffs sap sentiment
Indexes off: Dow 0.64%, S&P 500 0.59%, Nasdaq 0.67%Advanced Micro Devices down after brokerage downgradeQ4 GDP up 2.4%, weekly jobless claims at 224,000By Pranav Kashyap and Johann M Cherian March 27 (Reuters) - Wall Street's main indexes slipped on Thursday, as President Donald Trump'...Reuters
Thu, Mar 27
Excelerate Energy to buy New Fortress' Jamaica assets for $1.06 billion
Excelerate to pay $1.06 billion using debt, existing cashDeal expands Excelerate's LNG infrastructure footprintSale helps New Fortress progress on deleveraging planBy David French and Vallari Srivastava March 27 (Reuters) - Liquefied natural gas infrastructure provider Excelerate Energy EE.N...Reuters
Thu, Mar 27
Kyndryl falls after Gotham City issues new report
** Shares of technology services company Kyndryl Holdings KD.N fall 14.5% to $29.13** Short-seller fund Gotham City Research issues report saying KD manipulates reported adj. EBITDA and adj. free cash flow to artificially give the appearance that it generates profits and cash flow; while in reality,...Reuters
Thu, Mar 27
1 Growth Stock Down 40% to Buy and Hold Forever
This might surprise some, but Danish pharmaceutical giant Novo Nordisk (NYSE: NVO) has significantly lagged the market in the past year. The drugmaker's shares are down by 40% over the trailing-12-month period, despite grabbing headlines for its work in the red-hot weight management drug market.Novo...The Motley Fool
Thu, Mar 27
ConocoPhillips' Stock Is About as Cheap as It's Been Since 2023. Here's 1 Thing to Know Before You Buy.
Despite a strong rebound this month, ConocoPhillips (NYSE: COP) stock remains cheap, according to several valuation metrics. But you need to be looking ahead, not behind, to see it. That's because valuation metrics like the price-to-sales ratio and the price-to-earnings ratio are backward-looking, u...The Motley Fool
Thu, Mar 27
Copper miners fall on Trump auto tariffs
** Copper miners fall, tracking price of the red metal ** Benchmark three-month copper CMCU3 on the London Metal Exchange down 0.9% to $9,840 a metric ton** Copper prices fall after U.S. President Donald Trump announced 25% tariffs on auto imports, which could dampen metals demand** U.S.-listed shar...Reuters
Thu, Mar 27
RBC CEO says commercial client sentiment has weakened; shares fall
** Shares of Royal Bank of Canada RY.TO fall 0.52% to C$165.23 in early trading** "Commercial client sentiment has weakened as companies in some sectors are deferring investments until they have greater certainty on tariff impacts to their businesses," says RBC's CEO, Dave McKay, at the ...Reuters
Thu, Mar 27
AMD down after Jefferies cuts to 'hold' on limited AI traction, rising competition
** Shares of chipmaker Advanced Micro Devices AMD.O fall ~4% to $105.94 ** Jefferies downgrades to "hold" from "buy" ** Brokerage believes AMD's traction in AI is limited and sees increased competition from Intel INTC.O ** Earlier this month, TSMC 2330.TW pitched AMD and other ch...Reuters
Thu, Mar 27
Goldman Sachs lowers rating on Phillips 66 to 'neutral'
** Goldman Sachs downgrades rating on U.S. oil refiner Phillips 66 PSX.N to "neutral" from "buy", maintains price target of $132** PSX shares down 1.4% at $124.82 in morning trade ** Brokerage sees limited upside from current levels following YTD outperformance** "We continue to ...Reuters
Thu, Mar 27
