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Mixue Group's Splashy Debut, Kroger's Change, Stuffed Crust Pizza, and Med Spas
In this podcast, Motley Fool analyst Bill Barker and host Dylan Lewis discuss:Mixue Group's splashy debut on the Hong Kong stock exchange, and how the boba tea chain stacks up to Starbucks and McDonald's.Rodney McMullen's departure from Kroger and what's next for the nation's largest grocery chain.D...The Motley Fool
Mon, Mar 10
Delta Air Lines lowers Q1 outlook, shares fall
** Delta Air Lines DAL.N shares fall 11.2% to $44.70 in extended trading** The carrier cuts first-quarter profit forecast on increased macroeconomic uncertainty** DAL expects its EPS to be between $0.30/shr and $0.50/shr, below estimates Of $0.86/shr - LSEG** Co now expects its Q1 rev. to be up betw...Reuters
Mon, Mar 10
Illumina rises on $100 million cost reduction plan
** Shares of gene sequencing equipment maker Illumina ILMN.O rise 3.7% in extended trading** Company to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments** ILMN says that the savings would mitigate the impact of a potential reduction in revenue...Reuters
Mon, Mar 10
Contextlogic Inc expected to post earnings of 4 cents a share - Earnings Preview
Contextlogic Inc LOGC.OQ LOGC.O is expected to report results on March 12 for the period ending December 31 2024LSEG's mean analyst estimate for Contextlogic Inc is for earnings of 4 cents per share. The one available analyst rating on the shares is "hold". The mean earnings estimate o...Reuters
Mon, Mar 10
US STOCKS-Wall Street ends sharply lower as recession fears loom
Crypto stocks fall on lower bitcoin pricesHSBC downgrades US stocksS&P 500 closes below 200-day moving avgNasdaq sees biggest one-day drop since Sept 2022Indexes down: Dow 2.08%, S&P 500 2.70%, Nasdaq 4.00%By Stephen Culp NEW YORK, March 10 (Reuters) - U.S. stocks plunged on Monday as...Reuters
Mon, Mar 10
EMERGING MARKETS-Latam markets wobble as US growth concerns rattle investors
Peru interest rate decision on WednesdayJPMorgan downgrades Mexican stocks, upgrades Brazil Latam stocks down 2.8%, FX slips 1.2%By Shashwat Chauhan and Purvi Agarwal March 10 (Reuters) - Latin American stocks tracked a Wall Street selloff on Monday on growing concerns that a tariff-induced globa...Reuters
Mon, Mar 10
Illumina lowers outlook due to China sales ban, to cut $100 million in costs
March 10 (Reuters) - Illumina ILMN.O on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments. The company said it now expects 2025 adjusted profit of about $4.50 per share, compared to its pr...Reuters
Mon, Mar 10
HighPeak Energy gains as Q4 profit beats estimates
** Shares of independent crude oil and natural gas company HighPeak Energy HPK.O rise ~2% in extended trading** Company posts Q4 adjusted profit of 19 cents per share vs est of 12 cents per share - data compiled by LSEG** Company posts Q4 adjusted net income of $28.2 million vs est of $16.83 million...Reuters
Mon, Mar 10
Oramed Pharmaceuticals Inc expected to post a loss of 2 cents a share - Earnings Preview
Oramed Pharmaceuticals Inc ORMP.OQ ORMP.O is expected to show no change in quarterly revenue when it reports results on March 12 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for Oramed Pharmaceuticals Inc is for a loss of 2 cents per share. The one available a...Reuters
Mon, Mar 10
The Nasdaq Just Hit Correction Territory: The 2 Smartest Stocks to Buy and Hold Forever
With the Nasdaq Composite (NASDAQINDEX: ^IXIC) moving into correction territory (down at least 10% from an all-time high), several of its constituent stocks are suddenly a lot more attractively priced than they were to start the year. While investors never like to see markets pull back into correcti...The Motley Fool
Mon, Mar 10
Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK, March 10 (Reuters) - Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two years, according to a Goldman Sachs note released on Monday.The bank added some hedge funds' large moves on Friday could be compared to what was seen in March 2020, during...Reuters
Mon, Mar 10
Oracle up after forecasting fiscal 2026 revenue growth above expectations
** Shares of cloud service provider Oracle ORCL.N rise 3.5% to $154 after the bell** Company expects that "$130 billion sales backlog will help drive a 15% increase in Oracle's overall revenue in our next fiscal year beginning this June" — CEO Safra Catz** Analysts expect revenue growth ...Reuters
Mon, Mar 10
LIVE MARKETS-US stocks slump to start the trading week
Main US indexes slide; Nasdaq declines most, down 4%Tech weakest S&P 500 sector; Utilities lead gainersDollar edges up; gold off; crude down >1.5%; bitcoin down ~5% US 10-Year Treasury yield falls to ~4.23%Welcome to the home for real-time coverage of markets brought to you by Reuters reporte...Reuters
Mon, Mar 10
INSIGHT-Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla's stock keeps falling, losing post-election gains after Musk backed TrumpShares drop more than 15%, making it the worst S&P performer on MondayInvestors still question whether stock is overpriced as EV business faltersMost of Tesla's sky-high value is based on robotaxis and robots ...Reuters
Mon, Mar 10
Why Semiconductor Equipment Stocks ASML Holdings, KLA, and Lam Research Plunged Today
Shares of semiconductor equipment stocks ASML Holdings (NASDAQ: ASML), KLA (NASDAQ: KLAC), and Lam Research (NASDAQ: LRCX) were plunging on Monday, down 6.8%, 4.7%, and 6.7%, respectively, as of 3:52 p.m. ETSemiconductor stocks are long-term growers, but they also have cyclical qualities as well. Th...The Motley Fool
Mon, Mar 10
Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
The stock market was down big on Monday. As of 3:10 p.m. EDT, the Dow Jones Industrial Average was down 2.6% and was on pace for its worst day of the year, and the S&P 500 was doing even worse, down by 3.4%. Worse yet, the tech-heavy Nasdaq declined by nearly 5% and was set to post its worst decline...The Motley Fool
Mon, Mar 10
Oracle misses third quarter revenue estimates
March 10 (Reuters) - Oracle ORCL.N missed Wall Street expectations for third-quarter revenue on Monday, weighed down by softer enterprise spending on its cloud infrastructure services, and strong competition from larger players. The company reported revenue of $14.13 billion, compared with estimates...Reuters
Mon, Mar 10
QUOTES-Wall Street selloff deepens as Trump sparks recession concerns
NEW YORK, March 10 (Reuters) - Major U.S. stock indexes sank on Monday after U.S. President Donald Trump declined to predict whether his tariff policies could lead to a recession, roiling investor sentiment.The Nasdaq Composite .IXIC closed down more than 4% after confirming last week that its retre...Reuters
Mon, Mar 10
US STOCKS-Wall Street ends sharply lower as recession fears loom
Crypto stocks fall on lower bitcoin pricesHSBC downgrades US stocksS&P 500 closes below 200-day moving avgNasdaq, S&P 500 see biggest one-day drop since Sep 2022By Stephen Culp NEW YORK, March 10 (Reuters) - U.S. stocks plunged on Monday as relentless tariff wrangling and mounting anx...Reuters
Mon, Mar 10
