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US STOCKS-Wall St set to open lower as Fed boost proves short-lived
March 20 (Reuters) - U.S. stock indexes were set to open lower on Thursday, as worries about the fallout of U.S. tariff policies crept back into markets a day after the Federal Reserve stuck to its monetary easing plans for the year but warned of an uncertain economic backdrop.Reuters
Thu, Mar 20
Accenture: Strong AI Demand Fuels Beat
Here's our initial take on Accenture's (NYSE: ACN) fiscal 2025 second-quarter financial report.Key MetricsMetricQ2 FY24Q2 FY25Changevs. ExpectationsRevenue$15.8 billion$16.7 billion6%BeatEarnings per share$2.63$2.827%BeatFree cash flow$2.0 billion$2.7 billion35%n/aNew bookings$21.6 billion$20.9 bill...The Motley Fool
Thu, Mar 20
Wells Fargo upgrades KKR to 'overweight', sees buying opportunity
** Shares of U.S. private equity group KKR KKR.N rise 0.9% to $117.54 premarket** Wells Fargo upgrades KKR to "overweight" from "equal weight" but cuts PT to $141 from $150** Says the recent pullback has provided a much more attractive buying opportunity** "KKR has added consider...Reuters
Thu, Mar 20
BREAKINGVIEWS-Caterers’ US indigestion may only be for starters
By Aimee Donnellan LONDON, March 20 (Reuters Breakingviews) - Sodexo’s EXHO.PA U.S. woes may be a mere appetiser for global caterers’ gloom. On Thursday, the $9 billion French group warned that its revenue and operating margin growth could be dinged by dwindling demand for its meal services in U...Reuters
Thu, Mar 20
Down More Than 50% From Its High, Is Now a Great Time to Buy Shares of Cava Group?
Mediterranean fast-casual restaurant chain Cava Group (NYSE: CAVA) is a rapidly growing business. It's often compared to Chipotle Mexican Grill, with investors seeing it as the next big growth stock in the restaurant industry. Last year was a stellar one for Cava as its shares skyrocketed 162%. This...The Motley Fool
Thu, Mar 20
LIVE MARKETS-S&P 500 index: Will the 200-DMA cap the claw back?
US equity index futures red: Nasdaq 100 falls ~0.7%Initial jobless claims 223k vs 224k estimateMar Philly Fed business index 12.5 vs 8.5 estimateEuro STOXX 600 index off ~0.7%Dollar jumps; crude edges up; bitcoin edges down; gold slipsUS 10-Year Treasury yield falls to ~4.19%Welcome to the home for ...Reuters
Thu, Mar 20
Stellantis falls after Piper Sandler downgrades to 'neutral' and cuts PT
** U.S. listed Shares of auto-maker Stellantis NV STLAM.MI, STLA.N fall 3.8% to $12.19 premarket ** Brokerage Piper Sandler downgrades STLA to "neutral" from "overweight"; cuts PT to $13 from $23 ** Brokerage says STLA has "too many headwinds" that includes fluctuating foreig...Reuters
Thu, Mar 20
3 Millionaire-Maker Artificial Intelligence (AI) Stocks
The price of many artificial intelligence (AI) stocks has dropped since the beginning of the year, creating a buying opportunity for investors looking to benefit from one of the largest tech trends in years.There's no guarantee of specific returns, but buying shares of AI leaders could produce signi...The Motley Fool
Thu, Mar 20
Elevation Oncology tumbles after halting development of cancer drug
** Shares of drug developer Elevation Oncology ELEV.O fall nearly 30% to 33 cents premarket** Co says it is discontinuing development of its cancer drug, EO-3021, an antibody conjugate that is designed to attack cancer cells while sparing healthy ones** ELEV says decision was based on early-stage tr...Reuters
Thu, Mar 20
BTCS Inc reports results for the quarter ended December 31 - Earnings Summary
BTCS Inc BTCS.OQ reported quarterly adjusted earnings of 14 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 77 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share. Revenue rose 611.9% to $2...Reuters
Thu, Mar 20
2 High-Yield Dividend Stocks That Are Bargain Buys Right Now
Healthcare is a defensive sector that is more resilient to economic downturns than most others. That's one of several reasons it is home to solid dividend stocks, including Pfizer (NYSE: PFE) and Bristol Myers Squibb (NYSE: BMY), two of the leading pharmaceutical companies in the world. In addition ...The Motley Fool
Thu, Mar 20
NYSE Content advisory: Pre-Market update + Federal Reserve updates its forecast
NEW YORK, March 20, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" ...PR Newswire
Thu, Mar 20
1 Wall Street Analyst Thinks Palantir Stock Is Going to $60. Is It a Sell?
Following Palantir Technologies' (NASDAQ: PLTR) recent customer event, Jefferies analyst Brent Hill maintained an underperform (sell) rating on the shares with a $60 price target, implying potential downside of 29% from the current share price.Palantir stock has had an incredible run over the past t...The Motley Fool
Thu, Mar 20
Academy Sports and Outdoors up after lower-than-expected drop in same store sales
** Shares of sporting goods retailer Academy Sports and Outdoors ASO.O up 2% at $48.50 premarket** ASO reports a smaller-than-expected drop in same store sales for Q4, according to data compiled by LSEG** Co also beats Q4 adjusted profit estimates, and reports sales in line with expectations** Howev...Reuters
Thu, Mar 20
Microchip dips after launching $1.35 bln convertible stock offering
** Microchip Technology's MCHP.O shares down 3.6% at $52.58 before the bell as co plans capital raise to reduce debt** Chandler, Arizona chipmaker late Weds launched $1.35 bln 3-yr mandatory convertible preferred stock offering** It plans to use portion of net offering proceeds to pay for capped...Reuters
Thu, Mar 20
Accenture Q2 Revenue Surges Higher
Professional services and consulting specialist Accenture (NYSE:ACN) reported fiscal 2025 second-quarter results on Thursday, March 20, that topped analysts' consensus expectations. Revenue of $16.66 billion narrowly beat estimates of $16.62 billion and rose 5% year over year while earnings per shar...The Motley Fool
Thu, Mar 20
Abeona Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Abeona Therapeutics Inc ABEO.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of six analysts for the quarter was for a loss of 35 cents per share...Reuters
Thu, Mar 20
