News
Important Only
BioCryst takes legal action to defend rare genetic drug patent; shares fall
** Shares of drugmaker BioCryst Pharmaceuticals BCRX.O fall 2% to $7.24** BCRX on Monday filed lawsuit against Annora Pharma and other companies for patent infringement, according to SEC filing** BCRX is seeking to stop the companies from making generic version of its rare genetic drug, Orladeyo, an...Reuters
Tue, Mar 11
South African rand gains ahead of delayed budget, US recession fears
JOHANNESBURG, March 11 (Reuters) - South Africa's rand gained on Tuesday against a weaker dollar as investors awaited a delayed national budget and worried over a possible recession in the world's biggest economy. At 1422 GMT, the rand traded at 18.25 against the U.S. dollar ZAR=D3,...Reuters
Tue, Mar 11
Canada's Endeavour Silver shares rise on higher Q4 profit
** Canadian silver miner Endeavour Silver's EDR.TO shares rise 18.2% to C$6.18 in morning trade** Company reports Q4 earnings of 2 cents per share for the quarter ended December 31, higher than 1 cent per share in the year-ago quarter ** Analysts at TD Cowen say results were "modestly ahea...Reuters
Tue, Mar 11
Coeptis rises on licensing agreement to develop cancer cell therapies
** Cancer therapy developer Coeptis Therapeutics' COEP.O shares rise 2.3% to $11.15** Co says it has licensed worldwide development and commercialization rights to cell therapy platform GEAR ** As part of the agreement with VyGen-Bio, Coeptis has formed a new majority-owned subsidiary, GEAR Ther...Reuters
Tue, Mar 11
European Wax Center hits record low after dour annual forecasts
** Shares of out-of-home waxing services provider European Wax Center EWCZ.O fall as much as 46.77% to an all-time low of $2.72 in early trading** Co forecasts annual revenue, same-store sales, and core profit below expectations, according to data compiled by LSEG** Q4 revenue fell 11.7% and missed ...Reuters
Tue, Mar 11
Nasdaq Correction: 2 Pullback Stocks to Buy and Hold for a Decade
Well, it has happened: After around two years of semismooth sailing, the Nasdaq has entered into correction territory. The Nasdaq Composite, one of the stock market's primary indexes, was down over 9% year to date as of market close March 10, and down roughly 13% since hitting a high on Dec. 16.The ...The Motley Fool
Tue, Mar 11
IonQ Could Be a Quantum Computing Powerhouse, but Is It a Buy Right Now?
Move over, artificial intelligence (AI) -- quantum computing could be this year's hottest investment topic.It's easy to understand why. Quantum computing utilizes quantum mechanics to unlock a level of computing technology beyond the scope of what's possible today. For example, Alphabet recently ann...The Motley Fool
Tue, Mar 11
Every Lucid Group Investor Should Keep an Eye on This Number
Electric vehicle (EV) investors who have chosen to hitch a ride with Lucid Group (NASDAQ: LCID) have a lot of facts and figures to keep track of, from the number of vehicles produced to the number of vehicles delivered to all the data found in the financial statements.But Lucid investors will want t...The Motley Fool
Tue, Mar 11
LIVE MARKETS-Are Europe's 'Defense Seven' the new 'Magnificent Seven'?
Nasdaq now slightly green, S&P 500 dips, Dow down ~0.9%Jan JOLTS job openings 7.74M vs 7.63M estimateEuro STOXX 600 index off >1%Dollar declines; gold, crude up >1%; bitcoin both up >1.5%U.S. 10-Year Treasury yield edges up to ~4.23%Welcome to the home for real-time coverage of markets ...Reuters
Tue, Mar 11
Artificial Intelligence Juggernaut Palantir Is Down 32%. Is It Time to Buy the Dip in the Stock?
Is the party finally over for the shares of Palantir Technologies (NASDAQ: PLTR)? It took just over two years for the stock to rise from the $6 per share range to the all-time closing high of $124.62 per share. Still, within less than a month, it has surrendered 32% of its value.Admittedly, most of ...The Motley Fool
Tue, Mar 11
Alkami Tech extends decline after $300 mln convertible offering priced
** Shares of digital banking firm Alkami Technologies Inc ALKT.O down 1% at $23.62 early Tues after securing capital raise to finance acquisition** ALKT shares. which are falling for 4th straight session, lost nearly 13% on Mon amid broader retreat in equities** Plano, Texas-based firm late Mon anno...Reuters
Tue, Mar 11
The Nasdaq Just Hit Correction Territory: This Magnificent Stock Is a Bargain Buy
You can count on three things in life: death, taxes, and the stock market eventually experiencing a down period. Unfortunately, the latter is exactly what has happened with the Nasdaq Composite, as the index has fallen into correction territory.A stock market correction is when a major stock market ...The Motley Fool
Tue, Mar 11
UBS says trend followers cut dollar&risky asset exposure: Everything is on sale
Investing.com -- UBS analysts warned in a research note that Commodity Trading Advisors (CTAs) are set to continue cutting equity and risky asset exposures, with no support expected from them in the nInvesting.com
Tue, Mar 11
Saga Communications Inc reports results for the quarter ended December 31 - Earnings Summary
Saga Communications Inc SGA.OQ reported quarterly adjusted earnings of 20 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 37 cents. The lone analyst forecast for the quarter was for a loss of 12 cents per share. Revenue fe...Reuters
Tue, Mar 11
Kohl's sinks to near three-decade low after forecasting bigger-than-expected drop in 2025 sales
** Shares of U.S. department store chain Kohl's KSS.N fall as much as 17.1% to a more than 28-year low of $9.99 in early market trade** Company forecasts a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates as it grapples with uneven demand amid its turna...Reuters
Tue, Mar 11
Legend Biotech gains on narrower Q4 loss
** Cancer therapy maker Legend Biotech's LEGN.O shares rise 5.6% to $35.96** Co posts Q4 adj. net loss of 16 cents per share, compared to a loss of 24 cents per share a year earlier** Cash and cash equivalents, and time deposits of $1.1 billion, as of December 31, 2024, which co believes will pr...Reuters
Tue, Mar 11
Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
It has been less than three years since OpenAI first released ChatGPT to the public, but many of us are using generative artificial intelligence tools on a near-daily basis at work and in our personal lives. Still, adoption of the technology has a long way to go: A recent survey by the U.S. Census B...The Motley Fool
Tue, Mar 11
LIVE MARKETS-US stocks mixed, but trying to hold the line
Nasdaq up ~0.8%, S&P 500 modestly green, Dow dipsCons Disc leads S&P 500 sector gainers; Healthcare weakest group Euro STOXX 600 index off ~0.9%Dollar declines; gold, crude both up >1%; bitcoin up >2%U.S. 10-Year Treasury yield rises to ~4.24%Welcome to the home for real-time coverage ...Reuters
Tue, Mar 11
