News
Important Only
CoreWeave gets 'neutral' rating as D.A. Davidson starts coverage
** D.A. Davidson & Co initiates coverage of cloud services provider CoreWeave with "neutral" rating and $47 PT** Nvidia-backed NVDA.O CoreWeave is targeting a valuation of up to $32 bln on a fully diluted basis in its U.S. initial public offering** Brokerage says CoreWeave is the largest...Reuters
Mon, Mar 24
Enerpac Tool Group Corp reports results for the quarter ended February 28 - Earnings Summary
Enerpac Tool Group Corp EPAC.N reported quarterly adjusted earnings of 39 cents per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of two analysts for the quarter was for earnings of 40 cents per sha...Reuters
Mon, Mar 24
Why Meta Platforms Stock Surged Today
Shares of Meta Platforms (NASDAQ: META) surged higher on Monday. The company's stock gained 3.9% as of market close, but was up as much as 4.4% earlier in the day. The move up comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 1.8% and 2.3%, respectively.The soci...The Motley Fool
Mon, Mar 24
KB Home reports results for the quarter ended February 28 - Earnings Summary
KB Home KBH.N reported quarterly adjusted earnings of $1.49 per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $1.76. The mean expectation of fifteen analysts for the quarter was for earnings of $1.57 per share. Wall Street expecte...Reuters
Mon, Mar 24
Neurogene Inc reports results for the quarter ended December 31 - Earnings Summary
Neurogene Inc NGNE.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.51. The mean expectation of six analysts for the quarter was for a loss of $1.13 per share. Wall Street ex...Reuters
Mon, Mar 24
Trump Media rises after partnership announcement with Crypto.com
** Shares of Trump Media & Technology Group DJT.O rises 3.8% to $21.01 after the bell, as co announces intention to partner with Crypto.com to launch exchange-traded funds and exchange-traded products** The ETFs, which will be available through Crypto.com's broker dealer, Foris Capital, will...Reuters
Mon, Mar 24
AEP dips on $2 bln stock offering plans
** Shares of electric utility American Electric Power AEP..O down 1.5% in extended trading to $102.67 as it looks to raise equity ** Columbus, Ohio-headquartered firm commences $2 bln stock offering ** Co enters into forward sales agreements with bookrunners Citigroup and Barclays **...Reuters
Mon, Mar 24
KB Homes slips after cutting full-year 2025 revenue forecast
** Homebuilder KB Home's shares KBH.N fall 9% to $56.27 after the bell** KBH lowers FY 2025 housing revenue forecast to range from $6.6 bln to $7 bln, from earlier view of 7 bln to $7.5 bln** "We are reducing our revenue guidance for fiscal 2025 primarily to reflect the lower level of net or...Reuters
Mon, Mar 24
Actelis Networks Inc reports results for the quarter ended December 31 - Earnings Summary
Actelis Networks Inc ASNS.OQ reported a quarterly adjusted loss of 35 cents per share for the quarter ended December 31. The lone analyst forecast for the quarter was for a loss of 2 cents per share. Revenue was $1.06 million; analysts expected $3.00 million. Actelis Networks Inc's reported ...Reuters
Mon, Mar 24
Dragonfly Energy Holdings Corp reports results for the quarter ended December 31 - Earnings Summary
Dragonfly Energy Holdings Corp DFLI.OQ reported a quarterly adjusted loss of 81 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -99 cents. The mean expectation of three analysts for the quarter was for a loss of $1.32 per...Reuters
Mon, Mar 24
TRADING DAY-Tariff fears cool, tech sizzles
By Jamie McGeever ORLANDO, Florida, March 24 (Reuters) - TRADING DAY Nasdaq notches third-biggest rise this year The last full trading week of the quarter got off to a roaring start across most major stock markets on Monday, with investors buoyed by reports that the Trump administration&...Reuters
Mon, Mar 24
Cintas terminates discussions on $5.3 billion bid to acquire UniFirst
March 24 (Reuters) - Cintas CTAS.O said on Monday it had terminated discussions to acquire all of UniFirst UNF.N in a deal that valued the uniform supplier at $5.3 billion, sending UniFirst shares down about 7% in extended trading."While we continue to believe in the merits of a transaction, we ...Reuters
Mon, Mar 24
GLOBAL MARKETS-Stocks jump, US Treasury yields climb on tariff optimism
Major U.S. indexes up more than 1%Reports suggest Trump tariffs may be targetedBostic sees only one Fed cut this yearBy Chuck Mikolajczak NEW YORK, March 24 (Reuters) - Global stocks rallied on Monday, led by gains in U.S. stocks, while U.S. Treasury yields climbed after reports that President Do...Reuters
Mon, Mar 24
Oil and gas producer Prairie tumbles after acquisition-related stock deals unveiled
** Prairie Operating Co's PROP.O shares down 16.6% to $4.89 post-market as oil and gas producer seeks equity raise to fund recently announced acquisition** Houston-based firm commences $35 mlm stock offering and announces concurrent registered direct offering of 150,000 shares of convertible pre...Reuters
Mon, Mar 24
CANADA STOCKS-TSX hits three-week high after softer US stance on new tariffs
By Nivedita Balu March 24 (Reuters) - Canada's main stock index rose on Monday to touch a three-week high after the Trump administration signaled it may give some countries breaks on tariffs and take a more measured approach against its trading partners.The Toronto Stock Exchange's S&...Reuters
Mon, Mar 24
US STOCKS-S&P 500 ends sharply higher, Nvidia and Tesla rally
S&P March flash Composite PMI at 53.5 vs 51.6 in FebLockheed Martin drops after brokerage downgradeCrypto stocks gain as bitcoin ralliesS&P 500 +1.76%, Nasdaq +2.27%, Dow +1.42%By Noel Randewich March 24 (Reuters) - The S&P 500 rose sharply to end at its highest in over two weeks on M...Reuters
Mon, Mar 24
REFILE-Cintas terminates discussions to acquire UniFirst
March 24 (Reuters) - Cintas CTAS.O said on Monday that it has terminated discussions regarding its proposal to acquire all of UniFirst's UNF.N shares for $275 per share in cash.Shares of UniFirst fell about 10% in extended trading after the announcement.Reuters
Mon, Mar 24
UniFirst falls after Cintas terminates deal talks
** Shares of uniform supplier UniFirstUNF.N fall 10.4% to $177 after the bell** Uniform rental firm Cintas CTAS.O has terminated discussions with UNF for potential takeover** CTAS says it and UNF were unable to have substantive engagement regarding key transaction terms** UNF in January had rebuffe...Reuters
Mon, Mar 24
LIVE MARKETS-US stocks end sharply higher; Tesla jumps
S&P 500, Dow both end up >1%, Nasdaq rallies more than 2%Cons Disc leads S&P sector gainers; Utilities edge red at closeDollar up; crude up >1%; bitcoin rallies ~4%; gold dipsUS 10-Year Treasury yield jumps to ~4.34%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Mon, Mar 24
