News
Important Only
Bakkt slumps as BofA, Webull to not renew commercial agreements with crypto firm
** Crypto trading firm Bakkt Holdings' shares BKKT.N plunge 36.2% to $8.19 in extended trade** BKKT says Bank of America BAC.N, which accounted for 17% of its loyalty services revenue in the nine months ended September 30, will not renew its commercial agreement with the firm** The agreement wit...Reuters
Mon, Mar 17
US STOCKS-US stocks rally as investors weigh economic data, Trump policies
Intel up after report new CEO plots overhaul of manufacturing, AI operationsFebruary retail sales rise 0.2%New York factory activity tumbles in MarchIndexes up: Dow 0.85%, S&P 500 0.64%, Nasdaq 0.31% By Chuck Mikolajczak NEW YORK, March 17 (Reuters) - U.S. stocks gained for a second strai...Reuters
Mon, Mar 17
EMERGING MARKETS-Latam markets kick off rate decision-week on broadly positive note
Central bank decisions in U.S., Brazil, Chile this weekBrazil's January economic activity beats estimatesMexican stock market closed for public holiday Latam stocks up 1.5%, FX adds 0.6%By Shashwat Chauhan and Purvi Agarwal March 17 (Reuters) - Most Latin American currencies strengthened agai...Reuters
Mon, Mar 17
Why Baidu Stock Soared Higher Today
Shares of Baidu (NASDAQ: BIDU) are climbing on Monday. The company's stock gained 9.8% as of market close and was up as much as 9.9% earlier in the day. The strong performance comes as the S&P 500 lost 0.2% and the Nasdaq Composite fell 0.4%.The Chinese tech giant announced the launch of two new pow...The Motley Fool
Mon, Mar 17
GLOBAL MARKETS-US stocks gain, gold hovers near all-time high as Russia-Ukraine talks in view
US retail data shows underlying consumer resiliencyOil prices hover at two-week highs on Yemen attacks, China dataGerman debt reform, Russia-Ukraine talks boost European stocksBy Stephen Culp NEW YORK, March 17 (Reuters) - Wall Street stocks ended higher and gold held near $3,000 per ounce on Mon...Reuters
Mon, Mar 17
Oramed Pharmaceuticals Inc expected to post a loss of 2 cents a share - Earnings Preview
Oramed Pharmaceuticals Inc ORMP.OQ ORMP.O is expected to show no change in quarterly revenue when it reports results on March 19 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for Oramed Pharmaceuticals Inc is for a loss of 2 cents per share. The one available a...Reuters
Mon, Mar 17
LIVE MARKETS-S&P 500 scores first back to back gains in a month, Fed on deck
Main US indexes end higher; Dow out front, up ~0.9%Real Estate leads S&P 500 sector gainers; Cons Disc sole loserDollar down; gold, crude rise; bitcoin up >1%US 10-Year Treasury yield edges down to ~4.29%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters...Reuters
Mon, Mar 17
SWK Holdings Corp expected to post earnings of 94 cents a share - Earnings Preview
SWK Holdings Corp SWKH.OQ SWKH.O is expected to report results on March 19 for the period ending December 31 2024 (SAL represents Total/Operating revenue.)LSEG's mean analyst estimate for SWK Holdings Corp is for earnings of 94 cents per share. The one available analyst rating on the shares is ...Reuters
Mon, Mar 17
CANADA STOCKS-TSX extends recovery as resource shares lead broad-based gains
By Fergal Smith March 17 (Reuters) - Canada's main stock index rallied for a second straight day on Monday as some investors took the view that the recent selloff in the market was a buying opportunity, with energy and metal mining shares leading broad-based gains. The Toronto Stock Exchange&...Reuters
Mon, Mar 17
Epsilon Energy Ltd expected to post earnings of 5 cents a share - Earnings Preview
Epsilon Energy Ltd EPSN.OQ EPSN.O is expected to report resultson March 19 for the period ending December 31 2024The Houston Texas-based company is expected to report revenue of $9.027 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimate for Epsi...Reuters
Mon, Mar 17
US STOCKS-US stocks rally as investors weigh economic data, Trump policies
Intel up after report new CEO plots overhaul of manufacturing, AI operationsFebruary retail sales rise 0.2%New York factory activity tumbles in MarchBy Chuck Mikolajczak NEW YORK, March 17 (Reuters) - U.S. stocks rallied for a second straight session on Monday, as investors sought bargains af...Reuters
Mon, Mar 17
Jefferies scrutinises tariff impact on Australia's ARB amid market uncertainty
** Jefferies highlights the fall of auto parts manufacturer ARB's ARB.AX shares after the U.S. election, despite ambiguity surrounding final tariff regime** ARB's shares have dropped by 21%, contrasting avg 12% rise seen by Asian auto parts cos — brokerage** Highlights 25% tariffs on USMCA p...Reuters
Mon, Mar 17
GLOBAL MARKETS-US stocks gain, European shares shine with Russia-Ukraine talks in view
US retail data shows underlying consumer resiliencyOil prices hover at two-week highs on Yemen attacks, China dataGerman debt reform, Russia-Ukraine talks boost European stocksBy Stephen Culp NEW YORK, March 17 (Reuters) - Wall Street stocks followed their European counterparts higher on Monday a...Reuters
Mon, Mar 17
US STOCKS-US stocks rise as investors weigh economic data, Trump policies
Intel up after report new CEO plots overhaul of manufacturing, AI operationsFebruary retail sales rise 0.2%New York factory activity tumbles in MarchIndexes up : Dow up 0.91%, S&P 500 up 0.69%, Nasdaq 0.33%By Chuck Mikolajczak NEW YORK, March 17 (Reuters) - U.S. stocks climbed in choppy t...Reuters
Mon, Mar 17
Nvidia stock falls as AI spending worries weigh at developer conference
** Shares of Nvidia NVDA.O dip 0.7% as the heavyweight chipmaker's annual software developer conference gets underway, with investors expecting CEO Jensen Huang to defend his co's AI dominance as pressure mounts on major customers to rein in their heavy spending on the technology** NVDA'...Reuters
Mon, Mar 17
REFILE-LIVE MARKETS-Things likely get worse before they can get better
Dow gains ~0.7%, S&P 500 modestly green; Nasdaq slipsEnergy leads S&P 500 sector gainers; Cons Disc weakest groupDollar down; bitcoin, gold, crude riseUS 10-Year Treasury yield dips to ~4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sh...Reuters
Mon, Mar 17
Agricultural stocks lifted by improved market sentiment
** Shares of agricultural commodities traders rise in afternoon trade** Most basic materials (agri-chemicals) sector up on improved market sentiment - Morningstar analyst Seth Goldstein** "Seems the whole market is up ... modest bounce in corn prices today ... Mosaic is hosting an investor day o...Reuters
Mon, Mar 17
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
