News
Important Only
CEO Brad Garlinghouse Just Sent XRP (Ripple) Soaring
Since the late afternoon yesterday, the price of XRP (CRYPTO: XRP) had zipped roughly 10% higher as of 10:16 a.m. ET. Ripple CEO Brad Garlinghouse announced in a video on X that the U.S. Securities and Exchange Commission (SEC) plans to drop its appeal in a long-standing lawsuit against Ripple, the ...The Motley Fool
Wed, Mar 19
Williams-Sonoma sinks after dour annual margin forecast
** Shares of Pottery Barn owner Williams-Sonoma WSM.N fall as much as 13.5% at $149.06 in early trade** Stock set for its worst day since May 2022 if losses hold** Co sees fiscal year 2025 operating margin below what it reported for 2024** Brokerage RBC Capital Markets notes gross margin gains fadin...Reuters
Wed, Mar 19
Monness Crespi Hardt starts Strategy at Neutral, sees fair value at $200 a share
Investing.com -- Monness Crespi Hardt initiated coverage of Strategy (formerly MicroStrategy) with a Neutral rating in a note Wednesday, citing a fair value of approximately $200 per share. The firm vInvesting.com
Wed, Mar 19
REFILE-LIVE MARKETS-Nothing new here as Nvidia reiterates AI roadmap
US indexes rise: Nasdaq out front, up 0.9%Tech leads S&P 500 sector gainers; Real Estate weakest groupEuro STOXX 600 index is ~flat off 0.01%Dollar rises; bitcoin up >2.5%; crude flat, gold slipsUS 10-Year Treasury yield rises to ~4.30%Welcome to the home for real-time coverage of markets bro...Reuters
Wed, Mar 19
Turkey ETF set for worst day in over three years after Erdogan's main rival detained
** Exchange-traded funds focused on Turkey tumble, tracking selloff in domestic markets ** U.S.-listed iShares MSCI Turkey ETF TUR.O drops 11.7% to $33.37, hitting more than four-month low and heading for worst session since December 2021 ** Turkish authorities detain Ekrem Imamoglu, President...Reuters
Wed, Mar 19
General Mills Inc reports results for the quarter ended February 28 - Earnings Summary
General Mills Inc GIS.N reported quarterly adjusted earnings of $1.00 per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $1.17. The mean expectation of eighteen analysts for the quarter was for earnings of 96 cents per share. Wall ...Reuters
Wed, Mar 19
Auto insurer Progressive falls after February results
** Shares of auto insurer Progressive PGR.N fall 5.5% to $267.7** Co reports net premiums written (NPW) of $6.68 bln for February, up 17% from a year ago** PGR reports net income of $1.58/shr for the month, compared with $1.24/shr a year earlier** Brokerage Jefferies said NPW growth was ~2 pts light...Reuters
Wed, Mar 19
US STOCKS-Wall Street gains with all eyes on Fed rate decision
General Mills falls after cutting annual sales forecastVenture Global up after report Trump to clear exports from Louisiana projectFed rate decision due at 2 p.m. ETIndexes up: Dow 0.51%, S&P 500 0.43%, Nasdaq 0.55% By Pranav Kashyap and Johann M Cherian March 19 (Reuters) - Wall Street's...Reuters
Wed, Mar 19
LIVE MARKETS-Wall Street tries for a rebound as it waits on the Fed
US indexes rise: Nasdaq out front, up >1%Tech leads S&P 500 sector gainers; Real Estate weakest groupEuro STOXX 600 index off ~0.2%Dollar rises; bitcoin up >2.5%; crude, gold slipUS 10-Year Treasury yield rises to ~4.31%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Wed, Mar 19
The S&P 500 Entered a Correction Last Week. 2 Winning Stocks to Buy While They're Still on Sale
Following on the heels of the Nasdaq Composite, the S&P 500 entered a correction last week, meaning the broad-market index fell at least 10% from its recent peak.That sell-off has come amid concerns about weakening consumer sentiment, an intensifying trade war, and the prospect of rising inflation r...The Motley Fool
Wed, Mar 19
HealthEquity eyes worst day since 2021 after earnings miss, disappointing forecast
** HealthEquity's HQY.O shares down 20.1% at $81.16 after health-savings account (HSA) manager's qtrly earnings miss, disappointing forecast** HQY shares tracking biggest daily pct decline since Dec 7, 2021 and hit over five-mth low** Draper, Utah-based co late Tues posted Q4 rev growth of 1...Reuters
Wed, Mar 19
Baltic index falls for third straight session on lower capesize, panamax rates
March 19 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the third successive session on Wednesday, pressured by weak demand for capesize and panamax vessels.* The main index .BADI, which factors in rates for ca...Reuters
Wed, Mar 19
This Is the Average 401(k) Balance for Ages 35 to 44
Being proactive with retirement savings is one of the best ways to ensure you're financially prepared to take on your golden years with as little stress as possible. That's why ages 35 to 44 can be a crucial period for retirement savings; it gives your savings more time to grow and compound.During t...The Motley Fool
Wed, Mar 19
Progressive combined ratio improves 4.2 points to 82.6% in February
By Michael LoneyMarch 19 - (The Insurer) - Progressive said on Wednesday that its net premiums written increased 17% in February and its combined ratio for the month improved by 4.2 percentage points to 82.6%.Mayfield Village, Ohio-based Progressive reported $6.68 billion of net premiums written for...Reuters
Wed, Mar 19
Nasdaq Sell-Off: 2 Brilliant Stocks to Buy No Matter What the Market Does Next
Equity markets started 2025 pretty well, but things haven't been so rosy in the past couple of months. The tech-heavy Nasdaq Composite index is down by 8% since the beginning of the year as I write this. No one can predict how the market will move in the coming weeks and months. It may recover quick...The Motley Fool
Wed, Mar 19
Autodesk rises after activist investor Starboard pushes for board changes
** Design software firm Autodesk's ADSK.O shares rise 3.6% to $269.37 in morning trading** Activist investor Starboard says board change is necessary at ADSK and it intends to nominate a minority slate of experienced director candidates for election at the 2025 annual meeting** "We remain op...Reuters
Wed, Mar 19
2 Top Semiconductor Stocks to Buy Before Artificial Intelligence (AI) Sends Them Soaring
Semiconductor stocks have taken a hammering in the past month, which is evident from the 11% decline in the PHLX Semiconductor Sector index. A big reason behind the index's drop is the ongoing trade war triggered by the tariffs imposed by the Trump administration on Canada, Mexico, and China, along ...The Motley Fool
Wed, Mar 19
General Mills forecasts hit to annual sales, profit as snacking demand slows
General Mills misses third-quarter sales estimatesRetailers' inventory reduction impacts quarterly salesPlans new cost-saving initiatives for fiscal 2026Forecasts sharp decline of 7% to 8% in annual profit By Neil J Kanatt March 19 (Reuters) - General Mills GIS.N cut its annual sales and prof...Reuters
Wed, Mar 19
