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Nasdaq Sell-Off: It's Finally Time to Buy This Market Darling Again
Some short-term market pain can set you up for long-term gain. That's what's going on with SoundHound AI (NASDAQ: SOUN) right now.Wall Street is backing away from pricey Nasdaq Composite stocks due to economic uncertainty (the index is down nearly 14% from its all-time high as of this writing), and ...The Motley Fool
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 sank more than 4% after confirming last week that its retreat from...Reuters
Mon, Mar 10
Canada's Whitecap, Veren in $10.4 billion merger to boost shale presence
By Amanda Stephenson and Tanay DhumalMarch 10 (Reuters) - Whitecap Resources WCP.TO will merge with peer Veren VRN.TO in an all-stock deal valued at C$15 billion ($10.43 billion), including debt, creating the seventh-largest Canadian oil-and-gas producer.The merger announced on Monday is the biggest...Reuters
Mon, Mar 10
Why JPMorgan Chase, Wells Fargo, and American Express Plunged Today
Shares of major financial companies JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Warren Buffett holding American Express (NYSE: AXP) were all down significantly on Monday, falling 3.8%, 5.1%, and 2.9%, respectively, as of 12:04 p.m. ET.There wasn't much in the way of company-specific new...The Motley Fool
Mon, Mar 10
Why Intuitive Machines Stock Is Plummeting Today
Shares of Intuitive Machines (NASDAQ: LUNR) are falling on Monday. The company's stock plunged 23.3% as of 1:20 p.m. ET today and was down as much as 23.7% earlier in the day. The steep decline comes amid broader market weakness, with the S&P 500 down 2% and the Nasdaq Composite down 4%.The Houston-...The Motley Fool
Mon, Mar 10
Mineralys hits near two-year high as blood pressure drug meets trial goals
** Drug developer Mineralys Therapeutics' MLYS.O shares rise as much as 73% to a near two-year high of $18.19** Stock set for biggest percentage gain in a day on record ** MLYS says its experimental drug, lorundrostat, met the main goals of mid- and late-stage trials** In the late-stage trial, ...Reuters
Mon, Mar 10
Nasdaq Correction: Time to Buy the Dip on Nvidia?
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has moved into correction territory (down at least 10% from all-time highs). A significant contributor to that drop has been Nvidia (NASDAQ: NVDA) stock, which is down about 20% year to date, as of this writing. The chipmaker reported outstanding results rec...The Motley Fool
Mon, Mar 10
Why XRP (Ripple) Is Plummeting Today
The crypto token XRP (CRYPTO: XRP) is falling on Monday. As measured from Friday at 4 p.m., XRP is down 15.7% as of 12:50 p.m. ET and was down as much as 16.5% earlier in the day. The drop comes as the S&P 500 lost 2.3%, and the Nasdaq Composite lost 3.6%.XRP is falling after the White House hosted ...The Motley Fool
Mon, Mar 10
I Like Toast Stock, But Not With Trump Tariffs
In this insightful video, analysts discuss the current challenges facing Toast (NYSE: TOST) stock amid rising food prices and economic uncertainties. While the company remains a favorite, investors must carefully evaluate the potential impacts on its business model and customer base.*Stock prices us...The Motley Fool
Mon, Mar 10
U.S. STOCKS ON THE MOVE-Veren, CME Group, Cognizant
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The tech-heavy Nasdaq led sharp losses among major U.S. stock indexes on Monday, plunging 4% to a near six-month low, on fears that U.S. President Donald Trump's tariff policies would sp...Reuters
Mon, Mar 10
Beacon Roofing reverses course on QXO's takeover attempt, weighs $11 billion offer
March 10 (Reuters) - Beacon Roofing Supply BECN.O is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO QXO.N, in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave off a hostile takeover attempt.The companies confirmed on Monday th...Reuters
Mon, Mar 10
Why Space Stocks Are in a Funk Today
I won't sugarcoat this for you: Last week was a pretty depressing time to be a space investor.In back-to-back developments Thursday, we learned first that an unmanned Nova-C lunar lander tried to touch down on the moon's South Pole. But it toppled over within a crater, fell on its side, and died a q...The Motley Fool
Mon, Mar 10
PREVIEW: Vail Resorts shares slip ahead of earnings
** Vail Resorts MTN.N shares slip 2.2% but outperforming broader losses on Wall Street ahead of the ski resort operator's qtrly results after the bell, as analysts predict strongest rev growth in two years** Analysts expect fiscal Q2 rev up 5.6% to $1.14 bln, which would be largest pct increase ...Reuters
Mon, Mar 10
LIVE MARKETS-US Q1 earnings forecasts down since start of year
Main US indexes slide; Nasdaq declines most, down 4%Tech weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index closes down 1.3%Dollar near flat; gold, crude dip; bitcoin off >5% US 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets brought t...Reuters
Mon, Mar 10
Citi upgrades KeyCorp to 'buy' on valuation
** Citi Research upgrades U.S. regional lender KeyCorp KEY.N to "buy" from "neutral" on attractive valuation and solid fundamentals following the recent pullback across the banking sector** Brokerage says with credit concerns mounting amidst recently elevated worries of a weakening m...Reuters
Mon, Mar 10
Emergent BioSolutions drops after Syngene buys co's unit for $36.5 mln
** Shares of drugmaker Emergent BioSolutions EBS.N fall 3% to $5.60, hit nine-month low** India's Syngene International SYNN.NS says it has acquired its first biologics facility in the U.S. from Emergent Manufacturing Operations Baltimore, a unit of EBS, for $36.5 million** The deal is expected ...Reuters
Mon, Mar 10
US STOCKS-Nasdaq plunges 4% as tech dives, slowdown fears mount
Crypto stocks fall on lower bitcoin pricesHSBC downgrades US stocksNasdaq, S&P 500 hover near six-month lowsIndexes down: Dow 1.54%, S&P 500 2.56%, Nasdaq 4.07%By Johann M Cherian and Pranav Kashyap March 10 (Reuters) - The tech-heavy Nasdaq led sharp losses among major U.S. stock indexes...Reuters
Mon, Mar 10
Investors flee equities as Trump-driven uncertainty sparks economic worry
S&P 500 down 8% from Feb 19 all-time highNasdaq confirmed 10% correction from its Dec peak last weekS&P 500 P/E moderates but still high vs historical averageBy Lewis Krauskopf NEW YORK, March 10 (Reuters) - Fears that uncertainty over trade tariffs will spark an economic downturn are cau...Reuters
Mon, Mar 10
