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Why Dogecoin Was Tumbling on Thursday
Dogecoin (CRYPTO: DOGE) was no one's idea of a pet cryptocurrency on Thursday. The bellwether meme coin had a rough day on the market and in late afternoon action was trading down by nearly 7% as of 4 p.m. ET. That fall was largely because of a decision -- or rather, something of a non-decision -- b...The Motley Fool
Thu, Jun 12
NextEra workers net $45 million from sales of company stock
June 12 (Reuters) - NextEra Energy NEE.N employees realized $45 million in gains from selling company stock in their retirement plan during 2024, reversing heavy losses from the previous two years, the utility disclosed on Thursday.America’s largest renewable power company is among several U.S. ener...Reuters
Thu, Jun 12
Tyler Technologies: A Strong Contender in Government Software Solutions
Explore the exciting world of Tyler Technologies (NYSE: TYL) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of May 7, 2025. The video was...The Motley Fool
Thu, Jun 12
Why AI Stock AppLovin Slumped Today
Very frequently, when a company's stock is targeted by a vociferous short seller, it can take a hit to its share price. That was the dynamic behind AppLovin's (NASDAQ: APP) 0.7% dip on Thursday after a notable "shortie" published a report that was highly critical of the company. That decline was a b...The Motley Fool
Thu, Jun 12
Why Novo Nordisk Stock Pumped Higher on Thursday
Positive news from the laboratory was the wind beneath the wings of Novo Nordisk (NYSE: NVO) stock on Thursday. The Denmark-based pharmaceutical company, famed for its Ozempic and Wegovy drugs, saw its share price improve by nearly 3% on the day after it reported the results of a late-stage clinical...The Motley Fool
Thu, Jun 12
RH Defies Tariffs, Earns Surprise Profit
Here's our initial take on RH's (NYSE: RH) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$727 million$814 million 12%MissedAdjusted earnings per share($0.40)$0.13n/mBeatFree cash flow($10.1 million)$34.1 millionn/mn/aGross margin43.5%43....The Motley Fool
Thu, Jun 12
Effort to strip Fed of interest paying power seen likely to bring upheaval to markets
Senator Ted Cruz wants to strip Fed of interest on reserve paying powerInterest on reserves power is key part of Fed toolkit to achieve monetary policy goalsAnalysts doubt stripping Fed of power would have much positive impact By Michael S. Derby NEW YORK, June 12 (Reuters) - A Republican senator...Reuters
Thu, Jun 12
Adobe Reports AI-Fueled Earnings Beat
Here's our initial take on Adobe's (NASDAQ: ADBE) financial report.Key MetricsMetricQ2 2024Q2 2025Changevs. ExpectationsRevenue$5.31 billion$5.87 billion11%BeatEarnings per share (adjusted)$4.48$5.0613%BeatOperating cash flow$1.94 billion$2.19 billion13%n/aDigital Media annual recurring revenue$16.1...The Motley Fool
Thu, Jun 12
Furniture retailer RH rises after surprise profit; on track to cut China exposure
** Shares of luxury furniture retailer RH RH.N up 18.8% at $210.10 after the bell** RH posts Q1 adj profit of 13 cents/shr versus Wall Street estimates of a loss of 9 cents/shr** Reports quarterly revenue rise of 12%, nearly in line with expectations, according to data compiled by LSEG** Maintains a...Reuters
Thu, Jun 12
RH reports results for the quarter ended April 30 - Earnings Summary
RH RH.N reported quarterly adjusted earnings of 13 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -40 cents. The mean expectation of eighteen analysts for the quarter was for a loss of 9 cents per share. Wall Street expecte...Reuters
Thu, Jun 12
TRADING DAY-Dollar despair deepens
By Jamie McGeever ORLANDO, Florida, June 12 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist I'm excited to announce that I'm now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentar...Reuters
Thu, Jun 12
Australia, New Zealand data centres sector poised for growth, Jefferies says
** Jefferies says it is positive on the data centres sector in Australia and New Zealand; top picks being data centre operators NEXTDC NXT.AX and Infratil IFT.NZ ** Says total data centre capacity in the region is 1.3 gigawatts and projected to grow at 25% CAGR** Says sector seeing strong demand dri...Reuters
Thu, Jun 12
Northern Oil and Gas down as co plans sale of additional $150 mln convertible notes
** Shares of Northern Oil and Gas NOG.N down 2.8% in extended trading to $30.29 as it looks to raise more capital** Minnetonka, Minnesota-based firm says intends to offer an additional $150 mln of its 3.625% convertible notes due 2029** New notes will form part of same series of the $500 mln princip...Reuters
Thu, Jun 12
LIVE MARKETS-First to top, first to score fresh record highs?
Main US indexes end slightly higher Utilities leads S&P 500 sector gainers; Comm Svcs weakest groupDollar slides; bitcoin down >2%; crude slips; gold up ~1%U.S. 10-Year Treasury yield falls to ~4.36%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You...Reuters
Thu, Jun 12
CANADA STOCKS-G7 optimism helps TSX extend record-setting run
TSX ends up 0.4% at 26,615.75Eclipses Wednesday's record closing highNine of 10 major sectors notch gainsMaterials group adds 0.9% as gold risesBy Fergal Smith June 12 (Reuters) - Canada's main stock index rose on Thursday to a new record high as gold prices climbed and investors weighed ...Reuters
Thu, Jun 12
EMERGING MARKETS-Latam FX perk up on weaker dollar, trade, Middle East geopolitical tensions mount
Latam FX up 0.1%, stocks flatMonthly retail sales volumes in Brazil drop 0.4% in April Peru interest rate decision later in the dayIsraeli assets slide as geopolitical situation deterioratesBy Nikhil Sharma and Pranav Kashyap June 12 (Reuters) - Latin American currencies inched higher on Thur...Reuters
Thu, Jun 12
Why QuantumScape Stock Jumped Almost 10% This Week
Some energy stocks have been soaring as investors look to get in early on new technologies that could help supply growing power demand. With electric vehicle (EV) sales continuing to increase and data centers popping up seemingly everywhere to supply increasing needs for artificial intelligence (AI)...The Motley Fool
Thu, Jun 12
Here's Why Shares in Navitas Powered Higher Again This Week
Shares in Navitas Semiconductor (NASDAQ: NVTS) rose by almost 29% in the week to Thursday afternoon. The move comes as investors continue to digest the news that Nvidia is collaborating with Navitas to develop data center architecture for the next generation of data centers, due to launch in 2027. W...The Motley Fool
Thu, Jun 12
US STOCKS-S&P 500 ends higher as Oracle reignites AI rally; Boeing drops
Boeing shares fall after Air India plane crashOracle up after raising its annual revenue forecastBy Noel Randewich, Sukriti Gupta June 12 (Reuters) - The S&P 500 ended higher on Thursday after a strong outlook from Oracle fueled optimism around artificial intelligence, offsetting worries ...Reuters
Thu, Jun 12
Why J.M. Smucker Stock Plummeted This Week
Shares of packaged food and beverage giant J.M. Smucker (NYSE: SJM) were down 13% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Smucker reported dismal fiscal fourth-quarter earnings, with sales and adjusted earnings per share falling 3% and 13%....The Motley Fool
Thu, Jun 12
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