News
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Why Kohl's Stock Is Plummeting Today
Shares of Kohl's Corp (NYSE: KSS) are falling on Tuesday. The company's stock plunged 25.1% as of 2:40 p.m. ET and was down as much as 27.4% earlier in the day. The steep decline comes amid a broader market pullback, with the S&P 500 down 0.4% and the Nasdaq Composite down 0.2%.The department store ...The Motley Fool
Tue, Mar 11
Franklin Templeton files for XRP ETF as altcoin adoption ramps up
March 11 (Reuters) - Franklin Templeton BEN.N is planning to launch an exchange-traded fund that will track the spot price of cryptocurrency XRP, underscoring the increasing appetite of asset managers for digital assets beyond bitcoin.Franklin's filing on Tuesday is the latest in a series of spo...Reuters
Tue, Mar 11
US STOCKS-Nasdaq, S&P 500 higher as stocks buffeted by tariffs, Ukraine
US job openings rise to 7.74 million in JanuaryKohl's slides on bleak annual sales forecastAirlines weigh on Dow transportsIndexes: Dow off 0.5%, S&P 500 up 0.07%, Nasdaq up 0.89%By Chuck Mikolajczak NEW YORK, March 11 (Reuters) - The Nasdaq and S&P 500 rose on Tuesday, reversing earl...Reuters
Tue, Mar 11
Nasdaq Correction: Why I Took Advantage of a 20% Sell-Off to Buy More of This Magnificent 7 Stock.
The Nasdaq has hit some turbulence this year. It's currently down more than 10% from its recent peak, which puts it in correction territory. Some stocks have sold off even more. I actually like it when the market takes a breather because it allows me to buy some high-quality stocks at much better pr...The Motley Fool
Tue, Mar 11
Nasdaq Correction: Why I Took Advantage of a 20% Sell-Off to Buy More of This Magnificent 7 Stock.
The Nasdaq has hit some turbulence this year. It's currently down more than 10% from its recent peak, which puts it in correction territory. Some stocks have sold off even more. I actually like it when the market takes a breather because it allows me to buy some high-quality stocks at much better pr...The Motley Fool
Tue, Mar 11
Trump says he will label violence against Tesla dealers domestic terrorism
WASHINGTON, March 11 (Reuters) - President Donald Trump said on Tuesday he will label violence against Tesla TSLA.O dealerships domestic terrorism as he appeared with Tesla CEO Elon Musk to show support amid recent "Tesla Takedown" protests and the slump in the company's stock price.Musk...Reuters
Tue, Mar 11
Morningstar does not foresee major changes in strategy, risk at PolyNovo under new CEO
** Analysts at Morningstar do not see significant changes in strategy or risk at Australia's PolyNovo PNV.AX if it transitions to a new chief executive officer** The biotech firm said on Tuesday it has removed its CEO after discussions with the executive last week following media allegations abo...Reuters
Tue, Mar 11
Citi slashes PT on Australia's Brickworks after North America impairment
** Analysts at Citi lower price target on Australia's Brickworks BKW.AX to A$32.5 from A$36.6** The firm, in which Washington H Soul Pattinson is the biggest investor, said on Tuesday it expects an A$55 mln ($34.66 mln) impairment at its North America business due to poor performance for 1H** Br...Reuters
Tue, Mar 11
Korn Ferry jumps after Q3 profit beats expectations
** Shares of consulting firm Korn Ferry KFY.N jump as much as 11.6%; last up 9.2% at $68.29** KFY posts Q3 profit above Wall Street expectations, after meeting estimates in the prior quarter** CEO Gary Burnison says "tomorrow's macro environment will be encircled by a labor supply and demand...Reuters
Tue, Mar 11
Oppenheimer downgrades Freshpet on turnaround uncertainty after slow start to year
Investing.com -- Oppenheimer downgraded Freshpet Inc (NASDAQ:FRPT) to "Perform" from "Outperform," citing a weaker-than-expected start to the year and more cautious management commentary. The firmInvesting.com
Tue, Mar 11
Apple on track for lowest close since early November
** Shares of Apple AAPL.O down 2.7% on Tuesday, on track for lowest close in early November as worries about the Trump administration's tariffs capped gains in major indexes** AAPL now down ~14% from its record high close on December 26, with market cap of $3.3 trln still making it the world'...Reuters
Tue, Mar 11
Supermicro jumps, company partners with Eviden to expand distribution of AI SuperClusters
** Server maker Supermicro SMCI.O jumps 7.3% to $39.58; stock among the top gainers on the S&P 500 during the session ** Eviden, a unit of information technology firm Atos Group ATOS.PA, collaborates with SMCI to distribute company's AI SuperCluster with NVIDIA GB200 NVL72 products across Eu...Reuters
Tue, Mar 11
TREASURIES-US yields edge higher as risk aversion eases
US two-year Treasury yield hits five-month lowsUS one-year CDS rises to highest since November 5Junk corporate bond spreads are widest since SeptemberBy Matt Tracy March 11 (Reuters) - U.S. Treasury yields drifted higher on Tuesday, rebounding after the yield on two-year notes hit five-month lows...Reuters
Tue, Mar 11
US STOCKS-S&P 500 flirts with correction after Trump's fresh Canada tariffs
US job openings rise to 7.74 million in JanuaryDelta Air Lines lowers first-quarter forecast, shares fallKohl's slides on bleak annual sales forecastDow Transportation index touches seven-month lowIndexes: Dow slips 1.61%, S&P 500 off 1.34%, Nasdaq down 1.02%By Johann M Cherian and Pranav Ka...Reuters
Tue, Mar 11
US airlines slash earnings forecasts as economic concerns grow
Airlines say economic uncertainty weighing on travel demandGovernment spending cuts impact airline revenue, CEOs sayDelta, American, United stocks fall after forecast adjustmentsBy Rajesh Kumar Singh and Shivansh Tiwary March 11 (Reuters) - More U.S. airlines cut their earnings estimates on Tuesd...Reuters
Tue, Mar 11
U.S. STOCKS ON THE MOVE-Elevance, Backblaze, Disney
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The Dow and the benchmark S&P 500 fell in choppy trading on Tuesday after U.S. President Donald Trump announced fresh tariffs on Canada, adding to investor unease that his trade policies...Reuters
Tue, Mar 11
Nasdaq Sell-Off: The 3 Best "Magnificent Seven" Stocks to Buy Now
The Nasdaq has entered correction territory, and just as the so-called "Magnificent Seven" stocks led the market higher during the bull run, these stocks have helped lead the market lower during this recent correction. The "Magnificent Seven" consist of seven leading technology companies: Alphabet (...The Motley Fool
Tue, Mar 11
The Nasdaq Just Hit Correction Territory: Is It Time to Buy Dividend Stocks?
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has fallen more than 10% from a recent high. That's a key level known as a correction, which is the first stop as Wall Street heads toward a bear market. A bear market -- a 20% drop from recent highs -- is not guaranteed to happen, but this is why investors ...The Motley Fool
Tue, Mar 11
Trump has not yet spoken with Canada's Carney, White House says
WASHINGTON, March 11 (Reuters) - U.S. President Donald Trump has not yet spoken with Canada's incoming prime minister Mark Carney, White House press secretary Karoline Leavitt said on Tuesday, after Trump imposed an additional 25% tariff on steel and aluminum from Canada.Leavitt said Trump's...Reuters
Tue, Mar 11
Here's Why UPS Stock Isn't Delivering Today
Shares of package delivery giant UPS (NYSE: UPS) were down by 3.5% as of 1 p.m. today. The sell-off coincides with an overall market decline, but some negative news from Delta Air Lines has also probably affected UPS.UPS needs consumer and corporate confidenceThe transportation company is what's kno...The Motley Fool
Tue, Mar 11
