News
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Castellum slides after public offering priced
** Cybersecurity firm Castellum's shares CTM.A plunge as much as 20.3%; last down 13.6% at $1.02** CTM late Sunday priced its public offering of 4.5 million units at $1 each for gross proceeds of $4.5 million** Offering priced at 15.3% discount to stock's last close** Each unit consists of o...Reuters
Mon, Mar 17
US energy stocks rise on higher crude prices
** S&P 500 Energy index .SPNY rises 1.9%, tracking an increase in oil prices O/R** Brent crude futures LCOc1 up 0.8% at $71.14/barrel and U.S. West Texas Intermediate crude futures CLc1 up 0.7% at $67.66/barrel** Prices gained after the U.S. vowed to keep attacking Yemen's Houthis until the ...Reuters
Mon, Mar 17
Bread Financial falls after February performance data
** Credit card company Bread Financial's BFH.N shares fall 5.9% to $46.31 after releasing February performance update** TD Cowen says delinquencies were worse than historical seasonality in February for BFH, while loan balances were below expectations** Brokerage says BFH is seeing slowing loan ...Reuters
Mon, Mar 17
Bombardier CEO says he fears US could target firm if Canada scraps jet deal
MONTREAL, March 17 (Reuters) - Bombardier CEO Eric Martel on Monday said he was concerned that Washington could target the company's U.S. contracts if Canada canceled a C$19 billion contract for Lockheed Martin F-35 fighter jets.Martel made his comments to reporters in Montreal after a speech.Reuters
Mon, Mar 17
Inspired Entertainment Inc reports results for the quarter ended December 31 - Earnings Summary
Inspired Entertainment Inc INSE.OQ reported a quarterly adjusted loss of 5 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of five analysts for the quarter was for earnings of 24...Reuters
Mon, Mar 17
Celsius shares rise after reaching distribution agreement in Europe
** Shares of Celsius Holdings CELH.O rise ~11% to $30 on Mon after energy drink maker signs agreement to expand sales and distribution to Belgium and Luxembourg** CELH is on track for the biggest daily pct change since Feb. 21, when Co announced it would buy health and wellness drinks brand Alani Nu...Reuters
Mon, Mar 17
Nurix Therapeutics gets 'market perform' rating as Leerink starts coverage
** Brokerage Leerink Partners initiates coverage on drug developer Nurix Therapeutics NRIX.O with "market perform" rating and a PT of $16 ** New PT represents a 17.7% upside to the stock's last close ** Brokerage says though NRIX's experimental chronic lymphocytic leukemia (CLL) trea...Reuters
Mon, Mar 17
Why Intel Stock Is Soaring Today
Shares of Intel (NASDAQ: INTC) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7% earlier in the day. The strong performance comes as the S&P 500 index remained flat and the Nasdaq Composite index fell 0.4%.The chipmaker's stock is rallying after reports...The Motley Fool
Mon, Mar 17
U.S. STOCKS ON THE MOVE-Blackstone, PepsiCo, Blue Owl Capital
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed in choppy trading on Monday following the latest batch of economic data as investors try to gauge the impact of the Trump administration's tarif...Reuters
Mon, Mar 17
Solaris Energy falls after Morpheus Research takes short position
** Shares of oil and gas infrastructure firm Solaris Energy SEI.N fall ~17.3% to $20.36** Morpheus Research says it has taken a short position in Solaris Energy** Solaris' acquisition of Mobile Energy Rentals, now rebranded as Solaris Power Solutions, is co-owned by John Tuma — erstwhile founder...Reuters
Mon, Mar 17
US-listed shares of Qifu Technology jump after Q4 results beat
** U.S.-listed shares of Chinese credit technology platform Qifu Technology QFIN.O jump 10.6% to $47.76** Late Sunday, QFIN reported Q4 results above analysts' expectations and raised its semi-annual dividend** BofA Global Research reiterates "buy" rating on QFIN, citing good growth and ...Reuters
Mon, Mar 17
Why Tesla Stock Continued to Plunge Today
Tesla (NASDAQ: TSLA) stock is on a major losing streak. After falling for eight straight weeks, it is starting off another week deep in the red. At 12:12 p.m. ET, shares were near the lows of the session, down by 5.8%.The leading electric vehicle (EV) maker has now lost 50% of its value over the pas...The Motley Fool
Mon, Mar 17
Sprouts Farmers Market up after Deutsche Bank upgrades to 'buy'
** Shares of organic food retailer Sprouts Farmers Market SFM.O up ~3% at $141.07 in afternoon trade** Brokerage Deutsche Bank upgrades stock to "buy" from "hold"; raises PT to $190 from $163** Brokerage notes about 23% share pullback last month; says stock is now at the awaited entr...Reuters
Mon, Mar 17
Blue Owl Capital Corp rises after Wells Fargo upgrades to 'equal-weight'
** Specialty finance firm Blue Owl Capital Corp's OBDC.N shares rise 3.1% to $14.85** Wells Fargo Securities upgrades OBDC to "equal-weight" from "underweight"** OBDC is a business development company focused on lending to U.S. companies** Seven of 11 brokerages rate the stock &#...Reuters
Mon, Mar 17
Prediction: Palantir Technologies Could Surge by 1,345% in the Next 10 Years
As of this writing, Palantir Technologies (NASDAQ: PLTR) stock has dropped more than 35% from its all-time high. But this is no time to panic. Indeed, it's time to double down.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. ...The Motley Fool
Mon, Mar 17
Bank of America Stock: Buy, Sell, or Hold?
Shares of Bank of America (NYSE: BAC) are down approximately 14% from their 52-week high amid the broader stock market sell-off. Concern over the U.S. economy and the impact of trade tariffs being implemented by the Trump administration have marked a decisive shift in investor sentiment.Nevertheless...The Motley Fool
Mon, Mar 17
REDDIT RDDT.N: REDBURN ATLANTIC INITIATES WITH SELL; PRICE TARGET $75 PT
Reuters
Mon, Mar 17
US-listed shares of UP Fintech rise after BofA starts coverage at 'buy'
** U.S.-listed shares of Chinese brokerage firm UP Fintech TIGR.O, known as Tiger Brokers, rise 3.6% to $7.93** BofA Global Research initiates TIGR coverage at "buy" with $8.66 PT, a 13.2% upside to the stock's last close** Brokerage says TIGR is a key beneficiary of the booming Asia wea...Reuters
Mon, Mar 17
Berkshire Hathaway raises stakes in Japanese trading houses; shares hit record high
** Berkshire Hathaway's shares BRKa.N hit a record high after co raised stakes in five Japanese trading houses** Co's class A shares last up ~1% at $779,401. Stock rose as high as $782,495 earlier in Mon's session** Class B shares BRKb.N last up ~1% at $519.48, off from earlier record hi...Reuters
Mon, Mar 17
