News
Important Only
U.S. STOCKS ON THE MOVE-SurgePays, B. Riley, CarMax
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main stock indexes fell on Wednesday, dragged down by megacap stocks, as investors awaited clearer guidance on the Trump administration's forthcoming tariffs expected t...Reuters
Wed, Mar 26
PREVIEW: Jefferies shares down; Q1 EPS, rev seen rising y/y
** Shares in mid-size investment bank Jefferies Financial Group JEF.N down ~2.5% on Wednesday underperforming broader banking sector with S&P 400 financial services index .SPMDCDF off 1%, ahead of JEF's quarterly report due out after market close** Wall Street consensus has JEF reporting adj...Reuters
Wed, Mar 26
Perimeter Solutions rallies after UBS turns bullish on wildfires demand
** Shares of specialty chemicals firm Perimeter Solutions PRM.N up 10% to $10.02, over three week high, on Weds after UBS upgraded to 'buy' from 'neutral'** PRM is a leading fire retardant maker and could benefit as wildfires hit more populated areas, UBS said in note** Recent memory...Reuters
Wed, Mar 26
Energy leads UK shares higher after finance minister trims spending plans
UK inflation slows more than expected in FebruaryFinance Minister Reeves trims spending plans Ithaca Energy up after 2025 production forecast FTSE 100, FTSE 250 up 0.3% each March 26 (Reuters) - British equities closed higher on Wednesday, buoyed by rising energy stocks, after finance minister R...Reuters
Wed, Mar 26
LIVE MARKETS-Despite a shaky start, DataTrek sticking with tech
Nasdaq slides ~1.5%, S&P 500 down ~0.8%, Dow edges redTech weakest S&P 500 sector; Staples lead gainersEuro STOXX 600 index off ~0.7%Dollar edges up; crude gains >1%; gold ~flat; bitcoin off >1%US 10-Year Treasury yield rises to ~4.34% Welcome to the home for real-time coverage of mark...Reuters
Wed, Mar 26
Why Nvidia Stock Is Tumbling Today
Nvidia (NASDAQ: NVDA) shares are plunging today as investors worry that a major market for the artificial intelligence (AI) leader may be getting choked off. Nvidia has been caught in the trade battle between the U.S. and China before. But a move by the Chinese government today more directly targets...The Motley Fool
Wed, Mar 26
US STOCKS-Wall St falls as Trump tariff uncertainty prevails
Indexes down: Dow 0.10%, S&P 500 down 0.87%, Nasdaq down 1.68%Trump preparing auto tariff announcement soon, report says Dollar Tree up on sale of Family Dollar businessGameStop climbs on bitcoin bet, higher Q4 profitBarclays cuts S&P 500 2025 targetBy Pranav Kashyap and Johann M Cherian ...Reuters
Wed, Mar 26
Vita Coco falls after Ningi Research says short on stock
** Shares of beverage company Vita Coco COCO.O down as much as 11.7% at $31.31 ** We are short Vita Coco, with structural issues amid stalling sales and Costco contract loss- Ningi Research, in a message posted on X** Says COCO is "nothing more than a one-trick pony" in a niche total address...Reuters
Wed, Mar 26
Why Paychex Stock Popped on Wednesday
Shares of payroll and human resources support company Paychex (NASDAQ: PAYX) rose 4.6% through 11:15 a.m. ET despite it turning in only a mixed earnings report this morning.Expected to earn $1.48 per share on sales of $1.51 billion, Paychex reported $1.49 per share (adjusted for one-time items) on s...The Motley Fool
Wed, Mar 26
Vertiv Holdings falls after Barclays cuts PT
** Shares of Vertiv Holdings VRT.N down ~10% to $82.37 after Barclays analysts slashed their price target on the data center technology provider** VRT is on track for biggest daily pct decline since Jan. 27 ** "We are concerned that Q1 orders, when taken in conjunction with the orders rates of r...Reuters
Wed, Mar 26
Exelixis' cancer drug gets FDA approval but analysts say its priced in; shares down
** Shares of cancer drugmaker Exelixis EXEL.O fall 2.3% to $36.83** US FDA approved EXEL's cancer drug, Cabometyx, for treating adult and pediatric patients with previously treated advanced neuroendocrine tumors (NET)** Citizens Bank analyst Silvan Tuerkcan notes EXEL's shares declined as in...Reuters
Wed, Mar 26
Why Tesla Stock Is Sinking Today
Shares of Tesla (NASDAQ: TSLA) are falling on Wednesday. The electric vehicle maker's stock lost 3.8% as of 3:30 p.m. ET and was down as much as 5.4% earlier in the day. The steep decline comes as the S&P 500 and Nasdaq Composite indexes lost 0.6% and 1.3%, respectively.The EV leader is facing new h...The Motley Fool
Wed, Mar 26
Jefferies bearish on brick and mortar beauty retailers
** Brokerage Jefferies cuts PT on CoverGirl parent Coty COTY.N and cosmetics retailer Ulta Beauty ULTA.O, says e-commerce companies are winning market share** Cuts Coty's PT to $7 from $8; shares down as much as 1.6%** Slashes Ulta's PT to $334 from $354; says co is losing offline retail mar...Reuters
Wed, Mar 26
Why Nvidia Stock Is Sinking Today
Shares of Nvidia (NASDAQ: NVDA) are sliding on Wednesday. The AI chip leader's stock lost 4.3% as of 11:20 a.m. ET and was down as much as 5.2% earlier in the day. The drop comes as the S&P 500 and Nasdaq Composite indexes have lost 0.3% and 1.1%, respectively.The AI chip giant is facing fresh chall...The Motley Fool
Wed, Mar 26
LIVE MARKETS-Trump's tariff threat a silver lining for India?
All three major US stock indexes down; Nasdaq down >1%Tech weakest S&P 500 sector; consumer staples leads gainersEuro STOXX 600 index off ~0.6%Dollar inches up; crude gains >1%; gold dips; bitcoin off >1%US 10-Year Treasury yield rises to ~4.34% Welcome to the home for real-time coverag...Reuters
Wed, Mar 26
Paychex shares climb as profit growth overshadows choppy demand
March 26 (Reuters) - Paychex PAYX.O on Wednesday topped Wall Street estimates for quarterly profit, helped by a tight rein on costs, even as demand for human capital management services remain choppy amid economic uncertainties. Shares of the Rochester, New York-based company, which is in the proces...Reuters
Wed, Mar 26
U.S. STOCKS ON THE MOVE-OrganiGram, Phillips 66, SurgePays
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The benchmark S&P 500 and the tech-heavy Nasdaq declined in choppy trading on Wednesday, with investors exercising caution as they awaited economic data and clarity on the Trump administ...Reuters
Wed, Mar 26
