News
Important Only
Joby lifts after air-taxi deal with Virgin Atlantic in UK
** Joby Aviation's JOBY.N shares up 2% at $6.37 early Mon after co announced tie-up with Virgin Atlantic** Santa Cruz, California-based firm on Sat said will partner with Virgin Atlantic on launch of Joby's air taxi service in the UK** Partnership builds on its existing agreement with Delta ...Reuters
Mon, Mar 17
Broadcom down after report says Google partners with Taiwan's MediaTek for AI chips
** Shares of chipmaker Broadcom AVGO.O fall 1.3% to $192.80** Google plans to team up with Taiwanese firm MediaTek 2454.TW on next version of chips known as Tensor Processing Units, the Information reports** Google chose MediaTek partly because MediaTek has strong relationship with TSMC 2330.TW and ...Reuters
Mon, Mar 17
Incyte falls after late-stage data from experimental skin disease drug
** Drugmaker Incyte Corp's INCY.O shares fall ~10% to over a seven-month low of $61.16** Co's experimental drug, povorcitinib, meets the main goal of two separate late-stage trials, but significantly underperformed prior studies** At least three analysts said this could make it less competit...Reuters
Mon, Mar 17
Norwegian Cruise Line up after J.P.Morgan upgrades to 'overweight'
** Shares of Norwegian Cruise Line Holdings NCLH.N rise as much as 4.6% to $20.07 in early trading** Brokerage J.P.Morgan upgrades stock to "overweight" from "neutral"** Cites management comments pointing to zero detectable change in demand behavior to date despite "noise" in...Reuters
Mon, Mar 17
LIVE MARKETS-Wall Street tries to look on the bright side of economic data
U.S. equity indexes angle for a gains, Nasdaq most choppyNAHB housing market index 39 vs 42 estimateEnergy leads S&P 500 sector gainers; Cons Disc sole loserEuro STOXX 600 index up ~0.7%Dollar, bitcoin fall; gold gains; crude up ~1%U.S. 10-Year Treasury yield edges down to ~4.30%Welcome to the h...Reuters
Mon, Mar 17
The recent selloff in this stock opens a compelling entry point: Morgan Stanley
Investing.com -- Morgan Stanley sees Chewy (NYSE:CHWY) as an attractive buying opportunity following a 15% pullback in its stock price. The firm maintained an Overweight rating on the stock in a noteInvesting.com
Mon, Mar 17
Incyte's skin disease drug fails to impress in late-stage studies; shares drop
Analysts expect approval but foresee competition from existing treatmentsIncyte plans to seek drug approval by early 2026By Kamal Choudhury and Siddhi MahatoleMarch 17 (Reuters) - Incyte's INCY.O experimental skin disease drug met the main goal of two separate late-stage trials, the company sai...Reuters
Mon, Mar 17
US STOCKS-Wall Street inches higher after retail sales data
Intel up after report new CEO plots overhaul of manufacturing, AI operationsFebruary retail sales rise 0.2%New York Fed Manufacturing falls in MarchIndexes up: Dow 0.50%, S&P 500 0.49%, Nasdaq 0.33%By Pranav Kashyap and Johann M Cherian March 17 (Reuters) - Wall Street's main indexes edge...Reuters
Mon, Mar 17
Travere rises on co's marketing application for kidney disease drug
** Shares of biopharma firm Travere Therapeutics TVTX.O rise 3.5% to $20.42** TVTX says it submitted a marketing application to the U.S. FDA for co's drug, Filspari, for treatment of a rare kidney scarring disease called focal segmental glomerulosclerosis** Co expects to receive regulatory decis...Reuters
Mon, Mar 17
BREAKINGVIEWS-Klarna’s wisest IPO aim is a modest valuation hike
By Karen Kwok LONDON, March 17 (Reuters Breakingviews) - On the face of it, Klarna’s initial public offering looks an easy sell. The Swedish buy now, pay later group’s IPO prospectus, unveiled on Friday, shows a business that grew revenue by 24% last year and is now making a net profit. On Monday...Reuters
Mon, Mar 17
Apparel retailer Guess surges after WHP Global's take-private offer
** Shares of apparel retailer Guess GES.N rise nearly 27% to $12.35 in early trading** WHP Global, which owns Toys "R" Us and fashion labels such as Anne Klein and Vera Wang, has proposed to acquire Guess for $13 per share in cash - GES** Offer price represents a 34% premium to stock's c...Reuters
Mon, Mar 17
Reddit falls after Redburn Atlantic starts coverage at 'sell'
** Reddit's RDDT.N shares down 4% at $123.05 early Mon after Redburn Atlantic initiates coverage of social media firm with 'sell' rating** Redburn sets PT at Street-low $75, per LSEG data, implying ~42% downside to stock's close on Fri** Earlier this month, co launched new content mo...Reuters
Mon, Mar 17
vTv jumps after FDA lifts clinical hold on diabetes therapy
** Shares of drug developer vTv Therapeutics VTVT.O rise 19.2% to $17.70, their biggest one-day percentage win in more than one year** Co says U.S. FDA has lifted clinical hold on development of cadisegliatin, an oral adjunctive therapy to insulin therapy for treatment of type 1 diabetes** Co plans ...Reuters
Mon, Mar 17
Google preparing to partner with Taiwan's MediaTek on next AI chip, Information reports
March 17 (Reuters) - Alphabet's GOOGL.O Google is preparing to partner with Taiwan's MediaTek 2454.TW on the next version of its AI chips, Tensor Processing Units, that will be made next year, the Information reported on Monday, citing people involved in the project.However, Google has not c...Reuters
Mon, Mar 17
Stock Market in Chaos: Should You Buy Micron Stock Amid the Volatility?
The stock market correction is making investors uneasy, but there could be opportunities due to the chaos.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of March 14, ...The Motley Fool
Mon, Mar 17
D.A. Davidson ups Monday.com to Buy as pullback creates compelling entry point
Investing.com -- D.A. Davidson lifted its rating on Monday.com shares to Buy from Neutral, citing an attractive entry point following a recent pullback in the company's stock price. The company's sharInvesting.com
Mon, Mar 17
Why Is UiPath Stock Falling, and Is It a Buying Opportunity?
UiPath (NYSE: PATH) reported quarterly financial results that disappointed stock market investors.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of March 14, 2025. Th...The Motley Fool
Mon, Mar 17
Stock Market Correction: Should Investors Buy Chewy Stock During the Sell-Off?
Online pet retailer Chewy (NYSE: CHWY) boasts a competent management team that has proven itself during unprecedented circumstances.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afte...The Motley Fool
Mon, Mar 17
Baltic index snaps seven-session winning streak
March 17 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday to snap a seven-session winning streak on weaker capesize rates. * The main index .BADI, which factors in rates for capesize, panamax and supramax ...Reuters
Mon, Mar 17
Arista Networks rises after J.P. Morgan adds co to Analyst Focus List
** Shares of cloud networking firm Arista Networks rise more than 1.5% to $84.8 in early trading** J.P. Morgan adds co to its Analyst Focus List** Brokerage says there is limited materiality to concerns about aggregate AI spending from cloud customers as well as company-specific concerns in relation...Reuters
Mon, Mar 17
