News
Important Only
RBC upgrades Wells Fargo to 'outperform' on valuation
RBC Capital Markets upgrades Wall Street giant Wells Fargo WFC.N to "outperform" from "sector perform".Says recent stock weakness gives investors a good entry point to buy WFC's stock** Brokerage expects WFC to execute on its growth plan to achieve its profitability target o...
Reuters
Thu, Mar 13
IBM and Basque Government announce plan to install Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in Spain
IBM Quantum System Two to be powered by a utility-scale 156-qubit IBM Quantum Heron processor. Installation of IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center expected to be completed by the end of 2025. Members of the IBM-Euskadi Quantum Computational Center intend to use...PR Newswire
Thu, Mar 13
European shares close loser after Trump threatens new tariffs; German reforms in focus
Spirits stocks fall after Trump announces tariffsAllegro climbs after share buyback plans, upbeat forecastTruck shares slide on U.S. reversal of EV rulesSTOXX down 0.2%By Nikhil Sharma and Purvi Agarwal March 13 (Reuters) - European shares closed slightly lower on Thursday after U.S. President Do...Reuters
Thu, Mar 13
Stifel Financial down after FINRA order to pay damages
** Stifel Financial SF.N stock down 2.9% after co ordered to pay $132.5 mln for misrepresenting risk of complex structured notes ** Financial Industry Regulatory Authority arbitration panel awarded $26.5 mln in compensatory damages, $79.5 mln in punitive damages, and $26.5 mln for legal fees to the ...Reuters
Thu, Mar 13
LIVE MARKETS-Midcaps' time to shine?
Main US indexes red; Nasdaq weakest, off 1.8%All 11 S&P 500 sectors lower; Cons Disc weakest Euro STOXX 600 index ends down 0.19%Dollar up; gold jumps >1%; crude off ~1%; bitcoin falls ~3%US 10-Year Treasury yield edges up to ~4.33%Welcome to the home for real-time coverage of markets brought...Reuters
Thu, Mar 13
Natgas companies gain on larger-than-expected storage draw
** Shares of U.S. natural gas companies rise as natgas futures recover from more than a one-week low earlier in the session NGA/** U.S. natgas futures NGc1 up 1.5% at $4.14 per million British thermal units (mmBtu), after hitting their lowest level since March 3** Natural gas prices rose after a fed...Reuters
Thu, Mar 13
-Adobe sinks to near two-year low after Q2 revenue forecast
** Shares of Photoshop maker Adobe ADBE.O fall as much as 13.2% to a near two-year low of $380.71** ADBE late on Wednesday forecast second-quarter revenue that was in line with estimates as it grapples with slower monetization of its artificial intelligence offerings while facing tough competition f...Reuters
Thu, Mar 13
Why Intel Stock Is Skyrocketing Today
Intel (NASDAQ: INTC) stock is surging higher in Thursday's trading following the announcement of the company's next CEO. The company's share price was up 15.6% as of noon ET.Intel announced yesterday Lip-Bu Tan as its new CEO yesterday. Tan was previously the CEO of Cadence Design Systems and had al...The Motley Fool
Thu, Mar 13
LIVE MARKETS-Credit markets are more sanguine on recession risk, are they right?
Main US indexes red; Nasdaq weakest, off 1.71%All 11 S&P 500 sectors lower; Cons Disc weakest Euro STOXX 600 index off ~0.2%Dollar up; gold jumps >1%; crude off ~1%; bitcoin slips >2%US 10-Year Treasury yield edges up to ~4.33%Welcome to the home for real-time coverage of markets brought t...Reuters
Thu, Mar 13
CSN sees room for Brazil to negotiate steel quotas with US
SAO PAULO, March 13 (Reuters) - Brazilian steelmaker CSN CSNA3.SA sees room for Brazil to negotiate a quota mechanism with the United States in the coming months, an executive said on Thursday, after U.S. President Donald Trump put tariffs on steel and aluminum imports. Brazil, one of the largest...Reuters
Thu, Mar 13
Why Verizon, AT&T, and T-Mobile Stocks All Bounced Back Today
Telecom stocks were in a funk earlier this week, with shares of Verizon (NYSE: VZ), AT&T (NYSE: T), and T-Mobile (NASDAQ: TMUS) all tumbling on Tuesday, after comments from Verizon chief revenue officer Frank Boulben, given at a Deutsche Bank Media, Internet & Telecom Conference, caused telecommunic...The Motley Fool
Thu, Mar 13
US STOCKS-Wall Street slides after Trump escalates tariff threats against EU
Indexes off: Dow 0.89%, S&P 500 0.98%, Nasdaq 1.44%Dollar General forecasts downbeat FY comparable sales growth Intel gains after naming chip industry veteran Lip-Bu Tan CEOAdobe falls after dull quarterly revenue forecastUS producer prices unchanged in FebruaryBy Johann M Cherian and Pranav Kas...Reuters
Thu, Mar 13
US energy firms fall as markets weigh economic concerns, supply and demand expectations
** S&P 500 energy index .SPNY falls 0.2% as oil prices dip O/R** Brent crude futures LCOc1 down 0.6% at $70.45/barrel; U.S. West Texas Intermediate crude futures CLc1 down 0.8% at $67.10/barrel** Oil slipped on larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic c...Reuters
Thu, Mar 13
Why Tesla Stock Is in the Red Today
Shares of electric carmaker Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11:24 a.m. ET today after analysts at JPMorgan Chase lowered their price target on the stock and maintained their sell rating.Has there ever been a worse decline in the auto sector?Shares of Tesla have done a complete 180 ...The Motley Fool
Thu, Mar 13
CareTrust rises as Deutsche Bank upgrades to 'buy' on acquisition streak
** CareTrust REIT's CTRE.N shares rise 2.3% to $27.63 ** Brokerage Deutsche Bank upgrades stock to "buy" rating from "hold" and raises PT to $31 from $27** New PT is 14.7% upside to the stock's last close** CTRE has been on a strong acquisition streak with ~$1.5 bln of acquis...Reuters
Thu, Mar 13
UiPath hits record low after weak revenue forecast
** Shares of software company UiPath PATH.N fall to record low, last down 15% at $10.06 ** PATH on Wednesday after market hours forecast FY26 revenue below Wall Street estimates and missed expectations for Q4 revenue ** Company expects FY revenue of $1.525 billion to $1.530 billion, compared with es...Reuters
Thu, Mar 13
CervoMed up after Jones Research upgrades rating
** Shares of drug developer CervoMed CRVO.O rise 4.4% to $6.44** Brokerage Jones Research upgrades CRVO to "buy" rating from "hold", keeps PT of $15** Upgrade follows CRVO's announcement of positive results from study of its drug, neflamapimod, in patients with dementia with Lewy...Reuters
Thu, Mar 13
U.S. STOCKS ON THE MOVE-Metropolitan Bank, Fossil, MeiraGTx
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The main U.S. stock indexes slipped on Thursday as President Donald Trump's escalated tariff rhetoric against the European Union impacted investor sentiment, although cooling inflation p...Reuters
Thu, Mar 13
Chinese stocks, emerging market debt see large inflows in February, says IIF
By Rodrigo CamposNEW YORK, March 13 (Reuters) - Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks as well as debt across developing economies, a report from a finance trade group said on Thursday.Chinese stocks sucked in ...Reuters
Thu, Mar 13
