News
Important Only
Why Meta Platforms Stock Is Sinking Today
Meta Platforms (NASDAQ: META) stock is getting hit with substantial sell-offs in Thursday's trading. The company's share price was down 4.3% as of 2:30 p.m. ET.At the same point in the day's trading, the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 1.2% and 1.7%,...The Motley Fool
Thu, Mar 13
Positive culture, inclusive environment key to sustainable earnings, says Jefferies
** Analysts at Jefferies say investors will favour companies that offer limited risk in terms of employee safety and health among Australian developers and contractors pursuing ESG metrics** Brokerage says fostering a positive culture and creating a supportive, inclusive environment a key driver of ...Reuters
Thu, Mar 13
Montauk Renewables falls after reporting lower full-year profit
** Shares of clean energy company Montauk Renewables MNTK.O fall 11.6% to $2.52** Company reports full-year net income of $9.70 million, down 34.8% from a year ago** MNTK posts 2024 adjusted core profit of $42.6 million, vs est. of $61.84 million, according to data compiled by LSEG** "We think M...Reuters
Thu, Mar 13
Tesla warns Trump administration it is 'exposed' to retaliatory tariffs, FT reports
March 13 (Reuters) - Elon Musk's Tesla TSLA.O has warned that President Donald Trump's trade war could make it a target for retaliatory tariffs against the U.S. and increase the cost of making vehicles in America, the Financial Times reported on Thursday.Reuters
Thu, Mar 13
Why Groupon Stock Exploded Higher This Week
Since last Friday, shares of the e-commerce company Groupon (NASDAQ: GRPN) have blasted 37% higher as of 2:42 p.m. ET Thursday. The company reported better-than-expected earnings and showed meaningful progress in its turnaround plan.A solid earnings beat and guidanceGroupon reported a fourth-quarter...The Motley Fool
Thu, Mar 13
GLOBAL MARKETS-Stocks fall sharply, bond prices rise; tariff angst overshadows soft inflation
Wall Street's main indexes all off more than 1% Trump's back and forth on tariffs weighs on sentimentUS dollar down vs yen but up against euro, Swiss franc By Sinéad Carew and Harry Robertson NEW YORK/LONDON, March 13 (Reuters) - Global equities and U.S. Treasury yields both fell on Thurs...Reuters
Thu, Mar 13
Why This High-Yield Warren Buffett Stock Is Falling This Week
Since last Friday, shares of the digital audio company Sirius XM Holdings (NASDAQ: SIRI) are now trading 13.5% lower as of 1:52 p.m. ET Thursday. Sirius, a stock Warren Buffett's Berkshire Hathaway has been piling into, fell after the company's chief financial officer (CFO) spoke about concerns for ...The Motley Fool
Thu, Mar 13
Amazon Australia's pricing 'dynamic but usually cheapest' among retailers, says Citi
** Analysts at Citi say the pricing of non-food products by Amazon AMZN.O is "dynamic but usually cheapest" among retail market players in Australia** Says Amazon tends to be at lower price for longer periods of time compared to supermarkets, including Woolworths WOW.AX and Coles COL.AX ** P...Reuters
Thu, Mar 13
3 Beaten-Down Cryptos That Aren't Worth Buying on the Dip
Across the board, cryptocurrencies are down for the year. In fact, some large market cap cryptocurrencies are down as much as 45% for the year. Just because they're on sale, though, doesn't mean that you should buy them.Three beaten-down cryptos to avoid for now are Cardano (CRYPTO: ADA), Dogecoin (...The Motley Fool
Thu, Mar 13
Frontera Energy falls after Guyana cancels Corentyne block prospecting license
** Shares of Canadian oil producer Frontera Energy FEC.TO fall 1.2% to C$6.74** Guyana's government cancels Frontera and CGX Energy OYL.V joint venture's prospecting license for the Corentyne block** In February, Guyana gave a 30-day notice to CGX and FEC for cancellation of the license** &#...Reuters
Thu, Mar 13
US STOCKS-Wall Street tumbles as trade war escalates
Feb PPI cooler than expected after upward Jan revisions Dollar General beats earnings expectations; guidance disappoints Intel gains after naming chip industry veteran Lip-Bu Tan CEOAdobe falls after dull quarterly revenue forecastIndexes off: Dow 1.28%, S&P 500 1.26%, Nasdaq 1.76%By Stephen Cul...Reuters
Thu, Mar 13
Southern Copper rises as UBS upgrades to 'Buy' on higher copper prices
** Shares of copper miner Southern Copper SCCO.N rise 1.6% to $91.80 ** Brokerage UBS upgrades SCCO to "buy" from "neutral", PT at $120 ** PT represents a 30.6% upside to the stock's last close ** Brokerage sees SCCO to benefit from higher copper price with the market expected to...Reuters
Thu, Mar 13
PRECIOUS-Gold scales record high, sprints towards $3,000 milestone
US producer prices unchanged in FebruaryFed policy meeting due next weekSilver rises more than 1%By Ashitha Shivaprasad and Brijesh Patel March 13 (Reuters) - Gold prices raced to a record high within touching distance of the key milestone of $3,000 per ounce on Thursday, with momentum driven by...Reuters
Thu, Mar 13
REFILE-GLOBAL MARKETS-Stocks slip, yields rise as tariff fears offset any inflation relief
US equities slip while US yields riseTrump's back and forth on tariffs weighs on sentimentUS dollar down vs yen but up against euro, Swiss franc By Sinéad Carew and Harry Robertson NEW YORK/LONDON, March 13 (Reuters) - Equities around the world fell and U.S. Treasury yields rose on Thursday a...Reuters
Thu, Mar 13
Quantum computing company shares jump after D-Wave's upbeat forecast
By Caroline Valetkevitch NEW YORK, March 13 (Reuters) - Shares of some quantum computing companies rallied on Thursday, adding to gains from the previous session and bucking the broader market's trend after D-Wave Quantum QBTS.N forecast stronger-than-expected quarterly revenue.D-Wave Quantum...Reuters
Thu, Mar 13
First Financial Northwest hits three-month high after regulatory approval for Global Credit Union takeover
** First Financial Northwest's FFNW.O shares jump as much as 16.4%, hitting their highest since late November ** Global Federal Credit Union has received required regulatory approval for acquisition of FFNW, companies announced late Wednesday** Deal now expected to be completed early in second q...Reuters
Thu, Mar 13
Pomdoctor Ltd Files For U.S. IPO – SEC Filing
March 13 (Reuters) - Pomdoctor Ltd:POMDOCTOR LTD FILES FOR U.S. IPO – SEC FILINGPOMDOCTOR LTD - EXPECT ADSS WILL TRADE ON NASDAQ STOCK MARKET UNDER SYMBOL “POM.”POMDOCTOR LIMITED SAYS REVERE SECURITIES IS UNDERWRITER TO U.S IPO - SEC FILINGSource text: [ID:n0001213900-25-023540]Further company cover...Reuters
Thu, Mar 13
Morgan Stanley double upgrades Houlihan Lokey to "overweight"
** Morgan Stanley double upgrades investment bank Houlihan Lokey HLI.N to "overweight" from "underweight"** Says co generally holds up better than peers in risk-off environments and has a lower beta to the overall M&A cycle** "HLI's skew to the counter-cyclical restructur...Reuters
Thu, Mar 13
PREVIEW: Ulta Beauty shares fall ahead as tariffs weigh
** U.S. cosmetics seller Ulta Beauty ULTA.O shares fall 5.7% ahead of qtrly results after the bell as investors focus on fallout from a deepening global trade war related to the Trump administration's tariffs** ULTA down 12% so far this week; French cosmetics industry body on Wed warned of "...Reuters
Thu, Mar 13
