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US STOCKS-Wall St wavers after weak consumer confidence data; focus on tariffs
KB Home falls after downbeat annual revenue forecastConsumer confidence stands at 92.9 in March CrowdStrike gains after brokerage ratingIndexes: Dow falls 0.02%, S&P 500 up 0.11%, Nasdaq up 0.15%By Pranav Kashyap and Johann M Cherian March 25 (Reuters) - Wall Street's primary indexes ...
Reuters
Tue, Mar 25
LIVE MARKETS-US stocks edge up; US confidence data weak
Main US indexes rise slightlyMar consumer confidence 92.9 vs 94.0 estimateFeb new home sales units 0.676M vs 0.679M estimateEuro STOXX 600 index up ~0.8%Dollar, bitcoin dip; gold, crude gainUS 10-Year Treasury yield edges down to ~4.32%Welcome to the home for real-time coverage of markets brought to...
Reuters
Tue, Mar 25
Kroger countersues rival Albertsons
March 25 (Reuters) - U.S. grocery chain Kroger KR.N countersued rival Albertsons ACI.N on Tuesday, escalating a legal fight between the two companies following the demise of their proposed $25 billion merger that was blocked by courts.
Reuters
Tue, Mar 25
Mizuho cuts EOG rating on lower cash margins amid weakening oil productivity
Investing.com -- Mizuho downgraded EOG Resources Inc (NYSE:EOG) to Neutral from Outperform and cut its price target to $140 from $148 on declining cash margins and deteriorating well productivity.Mizu
Investing.com
Tue, Mar 25
US energy stocks gain on supply concerns
** S&P 500 energy index .SPNY rises 1.1%, tracking a rise in oil prices O/R** Brent crude futures LCOc1 up 0.5% at $73.47/barrel; U.S. West Texas Intermediate crude futures CLc1 up 0.7% at $69.61/barrel** Both benchmarks rose more than 1% on Monday after U.S. President Donald Trump announced a 2...
Reuters
Tue, Mar 25
CIO survey shows lowered IT services, hardware growth expectations in March
Investing.com -- IT decision makers have sharply reduced their growth expectations for both IT services and hardware spending in recent weeks, according to Morgan Stanley’s latest CIO survey.The 1Q25
Investing.com
Tue, Mar 25
South African rand on front foot, US tariff worries remain
JOHANNESBURG, March 25 (Reuters) - South Africa's rand extended its recent rally on Tuesday, as markets continued to look for clarity on U.S. President Donald Trump's tariff plans.At 1400 GMT, the rand traded at 18.19 against the U.S. dollar ZAR=D3, about 0.4% stronger than Monday's clos...
Reuters
Tue, Mar 25
Is Intuitive Surgical Stock a Buy?
Robotic surgery has transformed the healthcare sector, improving patient treatment and outcomes. Intuitive Surgical (NASDAQ: ISRG) builds and sells the da Vinci, a robotic system used for various surgical procedures. The company's stock has also changed lives.Intuitive Surgical has returned over 24,...
The Motley Fool
Tue, Mar 25
Baltic index slips as capesize losses overshadow gains in smaller vessels
March 25 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on Tuesday as pressure from lower capesize rates outweighed gains in smaller vessel segments.* The main index .BADI, which factors in rates for capesize...
Reuters
Tue, Mar 25
Jefferies raises PT on Ormat Technologies on favorable power pricing trends
** Jefferies raises price target on renewable energy company Ormat Technologies ORA.N to $86 from $78** ORA shares up marginally in morning trade** New PT represents a 20.9% upside to stock's last close** Brokerage expects ORA to deliver on 2028 financial targets given strong pricing trends even...
Reuters
Tue, Mar 25
Cognizant boosts share buyback plan by $2 billion
March 25 (Reuters) - Cognizant Technology CTSH.O said on Tuesday its board has approved a $2 billion increase to the IT consulting company's current share repurchase plan, as it sharpens focus on bolstering shareholder returns.With this, the total amount authorized under the program is $3.1 bill...
Reuters
Tue, Mar 25
Is Advanced Micro Devices Stock a Buy Now?
There's a major shift underway in the semiconductor industry. Intel has fallen behind as large data center operators seek more powerful chips to run artificial intelligence (AI) models. This is benefiting one of the leading suppliers of graphics processing units (GPUs), Advanced Micro Devices (NASDA...
The Motley Fool
Tue, Mar 25
Affirm Holdings rises after J.P. Morgan Payments deal
** Buy now, pay later company Affirm Holdings' AFRM.O shares rise 1.4% to $53.32** AFRM says it is deepening its multi-year agreement with J.P. Morgan Payments to deliver pay-over-time plans at checkout** U.S. merchants using J.P. Morgan Payments’ commerce platform will be able to offer its cust...
Reuters
Tue, Mar 25
2 Tech Stocks You Can Buy and Hold for the Next Decade
We have seen a sharp shift in sentiment this year. Animal spirits and bull market enthusiasm have evaporated quickly, especially with technology stocks. The Nasdaq Composite index has fallen sharply from all-time highs, with plenty of stocks down 20%, 30%, or more in just a few short weeks.This prov...
The Motley Fool
Tue, Mar 25
Cassava falls after failing in second late-stage trial
** Shares of drug developer Cassava Sciences SAVA.O fall 24% to $2.12** SAVA says its Alzheimer's drug, simufilam, failed in another late-stage study ** SAVA, which had disclosed plans to stop trials of the drug late last year, said it will phase out development programs by the end of Q2 ** Simu...
Reuters
Tue, Mar 25
MIDEAST STOCKS-Most Gulf markets fall on US tariff uncertainty
By Ateeq Shariff March 25 (Reuters) - Most stock markets in the Gulf ended lower on Tuesday as investors awaited clarity on U.S. threats of reciprocal tariffs, set to take effect early next month.On Monday, U.S. President Donald Trump said automobile tariffs are coming soon, but also indicated th...
Reuters
Tue, Mar 25
CrowdStrike upgraded to Buy at BTIG on improved visibility, ARR recovery
Investing.com -- BTIG raised its CrowdStrike (NASDAQ:CRWD) stock rating to Buy from Neutral on Tuesday, pointing to improved forecast visibility and potential for reaccelerated growth.The company’s sh
Investing.com
Tue, Mar 25
CANADA STOCKS-TSX opens higher on hints of US trade policy softening
March 25 (Reuters) - Canada's main stock index opened higher on Tuesday, led by metal mining shares, as investors reacted to U.S. President Donald Trump's hint at possible flexibility in his tariff policies despite looming reciprocal measures.At 9:33 a.m. ET (1333 GMT), the Toronto Stock Exc...
Reuters
Tue, Mar 25
US STOCKS SNAPSHOT-Wall St opens slightly higher after Trump-led rally
March 25 (Reuters) - Wall Street's main indexes edged up on Tuesday as investors assessed implications of impending reciprocal tariffs on the heels of U.S. President Donald Trump's subtle indication of potential leniency in his trade policy approach.At 09:30 a.m. ET, the Dow Jones Industrial...
Reuters
Tue, Mar 25
Core & Main Inc reports results for the quarter ended January 31 - Earnings Summary
Core & Main Inc CNM.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 36 cents per share...
Reuters
Tue, Mar 25
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