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U.S. STOCKS ON THE MOVE-Ultragenyx Pharma, Winnebago, Par Pacific
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street seesawed between marginal gains and losses on Thursday, as investors grappled with President Donald Trump's latest trade gambit that sent auto stocks into a tailspin, all whi...Reuters
Thu, Mar 27
Why 3D Systems Stock Crashed After Earnings
3D Systems (NYSE: DDD), the eponymous 3D printer stock, experienced a paper jam Thursday morning as shares tumbled 17.1% through 9:55 a.m. ET after reporting worse-than-expected Q4 2024 earnings.Heading into the report last night, analysts forecast that the company would lose $0.11 per share on $115...The Motley Fool
Thu, Mar 27
European shares at lowest in nearly two weeks as Trump's auto tariff dents sentiment
Auto sector down 1% after tariffs announcementProSiebenSat.1 falls after low-ball bid from MFESTOXX 600 down 0.5%, Germany's DAX down 0.7%By Medha Singh and Nikhil Sharma March 27 (Reuters) - European shares ended at their lowest in nearly two weeks on Thursday, dragged by auto stocks after U...Reuters
Thu, Mar 27
O'Reilly Automotive, AutoZone hit record highs after Trump's planned auto tariffs
** Shares of auto parts retailers O'Reilly Automotive ORLY.O and AutoZone AZO.N climb to record highs and are among top S&P 500 .SPX performers on Thurs after Trump's latest tariffs salvo** ORLY stock up 3%, and AZO shares jump nearly 4%; peer Advance Auto Parts AAP.N rallies >7% to a...Reuters
Thu, Mar 27
HEDGE FLOW-Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says
By Carolina Mandl NEW YORK, March 27 (Reuters) - Hedge funds are increasingly betting against stocks, with Nvidia NVDA.O, Advanced Micro Devices AMD.O and Tesla TSLA.O as their top three shorts placed on Wednesday, a Morgan Stanley note showed on Thursday.Wednesday was the third largest day of si...Reuters
Thu, Mar 27
Petco Health and Wellness Company Inc reports results for the quarter ended January 31 - Earnings Summary
Petco Health and Wellness Company Inc WOOF.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended January 31, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for earnings of one cent per share. Wall Street expected r...Reuters
Thu, Mar 27
US auto tariffs shake global industry as higher prices, job losses loom
Foreign automakers warn costs in US will rise, jobs at stakeShares in US, European automakers slideNorth American production to be disrupted, could cut output by 30%By Nora Eckert, Victoria Waldersee DETROIT/BERLIN, March 27 (Reuters) - U.S. President Donald Trump's announcement of a 25% tari...Reuters
Thu, Mar 27
Henghong Technology Says IPO Price Range Expected To Be $4 To $6 Per Share
March 27 (Reuters) - HENGHONG TECHNOLOGY INC - FILES FOR IPO WITH U.S. SEC - SEC FILINGHENGHONG TECHNOLOGY INC - IPO PRICE RANGE EXPECTED TO BE $4 TO $6 PER SHAREHENGHONG TECHNOLOGY INC - TO OFFER 2 MILLION ORDINARY SHARES IN IPO - SEC FILINGHENGHONG TECHNOLOGY INC - TO APPLY FOR NASDAQ LISTING UNDE...Reuters
Thu, Mar 27
Tariff fears pressure British stocks; Aston Martin slumps to record low
FTSE 100 down 0.3%, FTSE 250 down 0.6%Aston Martin hits record low on US auto tariffNext up on profit outlook upgrade, hits 1 billion pound milestoneUK in talks over US car tariffs, finance minister says March 27 (Reuters) - British equities closed lower on Thursday, with mining stocks leading de...Reuters
Thu, Mar 27
LIVE MARKETS-Investment advisor sentiment: Has the worst of the storm passed?
Nasdaq, S&P 500 both roughly flat, Dow dipsCons Disc leads S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index off ~0.45%Dollar down; bitcoin slips; crude edges up; gold rallies >1%US 10-Year Treasury yield rises to ~4.38% Welcome to the home for real-time coverage of markets...Reuters
Thu, Mar 27
Par Pacific rises on Goldman Sachs upgrade
** Refiner Par Pacific's shares PARR.N rise ~3.9% to $14.78** Earlier in the session, stock traded at its highest since end-February at $15.26** Brokerage Goldman Sachs raises rating to "buy" from "neutral", PT to $19 from $18** New price target represents 33.5% upside to stock&#...Reuters
Thu, Mar 27
ADM adds to gains after announcing Mitsubishi partnership
** Archer-Daniels-Midland's ADM.N up ~2% to $48.01 after it announced it signed a non-binding agreement with Japanese industrial giant Mitsubishi 8058.T to explore potential collaboration across the agriculture value chain** ADM is on track for three straight sessions of gains and on track for h...Reuters
Thu, Mar 27
Winnebago shares up 7% after quarterly report, guidance
** Shares in recreational vehicle co Winnebago Industries WGO.N up ~7% after fiscal Q2 results beat Street expectations; EPS outlook also beat consensus est though weaker than co's previous guidance** WGO reported adj. EPS of $0.19 vs consensus est $0.13, rev of $620.2 mln vs consensus $616.7 m...Reuters
Thu, Mar 27
Tariffs will have 'unequivocally negative' impact on auto retail ecosystem, JPM says
** Tariffs on imported autos are "unequivocally negative" for the auto retail ecosystem, raising new car prices by $4,000 to $5,300, an increase of 9% to 12%, J.P.Morgan says** U.S. President Donald Trump has said he will impose 25% tariffs on all vehicles and foreign-made auto parts importe...Reuters
Thu, Mar 27
LIVE MARKETS-GAVI funding cuts loom, but Bernstein analysts urge calm
Main US indexes edge lowerTech down most among S&P 500 sectors; cons disc up most Euro STOXX 600 index down ~0.5%Dollar, bitcoin decline; crude up; gold surges >1%U.S. 10-Year Treasury yield rises to ~4.38%Welcome to the home for real-time coverage of markets brought to you by Reuters reporte...Reuters
Thu, Mar 27
GameStop shares tumble as investors question bitcoin pivot
By Lisa Pauline Mattackal March 27 (Reuters) - Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer'...Reuters
Thu, Mar 27
