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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
Microsoft sees strong AI demand as data center expansion enters new phase
Investing.com -- Microsoft sees continued strong demand for AI services, particularly within its Azure cloud platform, as the company refines its data center expansion strategy, TD Cowen said followin
Investing.com
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 n
Investing.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
Southwest Airlines stock jumps on move to start charging for baggage
Investing.com -- Shares of Southwest Airlines gained in pre-open trading on Tuesday after the company announced it will start charging non-preferred customers for their first and second checked bags.S
Investing.com
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
Baltic index extends gains as panamax rates climb
March 11 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a fourth straight session to hit an over three-month peak on Tuesday, buoyed by rising panamax vessel segment rates.* The main index .BADI, which factors ...
Reuters
Tue, Mar 11
US airline shares fall after carriers slash forecasts
** Shares of U.S. airlines fall after carriers cut forecasts amid concerns over tariff pressures and government spending uncertainties** Delta Air Lines DAL.N slashed Q1 profit estimates by half on Monday, becoming the first major U.S. carrier to report that mounting economic worries among consumers...
Reuters
Tue, Mar 11
Mineralys launches $250 mln equity offering to fund blood pressure drug; shares dip
** Shares of Mineralys Therapeutics MLYS.O down 0.5% at $14.89 early Tues as co looks to raise equity after its stock soared in previous session ** MLYS shares on Mon hit two-year high, before ending session up 42% at $14.96, after its blood pressure drug, lorundrostat, met main goals in ...
Reuters
Tue, Mar 11
Nasdaq Correction: You Won't Believe What Stock Is Near a 52-Week Low
The Nasdaq Composite's (NASDAQINDEX: ^IXIC) sell-off deepened Monday as investors' worries about the state of the U.S. economy pushed the index deeper into correction territory. But as Nasdaq stocks have fallen, some now look like bargains.One of these is tech giant MongoDB (NASDAQ: MDB). Its shares...
The Motley Fool
Tue, Mar 11
The Overlooked Reason Rivian's R2 Is So Important
For publicly traded companies, it seems like you're only as good as your next product. Instead of "What have you done for me lately?" it's "What are you doing for me next?" That's where investors in Rivian Automotive (NASDAQ: RIVN) are focusing their attention currently -- on the company's next big ...
The Motley Fool
Tue, Mar 11
UK's Care REIT hits two-year high after $579 million buyout deal
** Care REIT's CRT.L shares surge as much as 35.3% to 110p, their highest since September 2022** Stock top pct gainer across London** Care, which manages care homes and other healthcare properties, agrees to an all-cash acquisition proposal from New York-listed CareTrust CTRE.N, valuing the Lond...
Reuters
Tue, Mar 11
Fitch Says Saudi Arabia's Deficit To Widen As Aramco Dividend Normalises
March 11 (Reuters) - Fitch:FITCH SAYS SAUDI ARABIA'S DEFICIT TO WIDEN AS ARAMCO DIVIDEND NORMALISESFITCH: EXPECTS SAUDI ARABIA'S GOVERNMENT TO CUT CAPEX & ASSOCIATED CURRENT SPENDING IN 2025FITCH: BELIEVE SAUDI ARABIA AUTHORITIES RETAIN FLEXIBILITY TO ADJUST EXPENDITURE AS THEY LOOK TO B...
Reuters
Tue, Mar 11
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