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Why Lucid Stock Skidded 19.6% in February and Keeps Falling Further
Shares of Lucid Group (NASDAQ: LCID) were losing momentum early in the year, but not many expected the stock to fall so much so soon. An unexpected turn of events sent the electric vehicle (EV) stock plunging 19.6% in February, according to data provided by S&P Global Market Intelligence. Lucid stoc...
The Motley Fool
Fri, Mar 7
US STOCKS-Wall St edges higher after Fed chief's comments, but set for weekly loss
Hewlett Packard slumps after dour second-quarter forecastsNonfarm payrolls increase by 151,000 in FebruaryIndexes up: Dow +0.46%, S&P 500 +0.43%, Nasdaq +0.54%By Chibuike Oguh, Johann M Cherian and Sukriti GuptaNEW YORK, March 7 (Reuters) - U.S. stocks edged higher on Friday, rebounding from ear...
Reuters
Fri, Mar 7
Some defensives outperform, even as indexes switch to gains
** Some traditionally defensive stocks were outperforming on Friday afternoon, even as the broader market mood looked brighter, as investors appeared to still seek some safety in everything from electric utilities to canned soup and snacks** Among the S&P 500 .SPX 11 major sectors, utilities .SP...
Reuters
Fri, Mar 7
Why Confluent Stock Is Sinking Today
Confluent (NASDAQ: CFLT) stock is seeing a big valuation pullback Friday. The company's share price was down 7.9% as of 2:30 p.m. ET, and had been down as much as 11% earlier in trading.Confluent is moving lower today following a significant insider selling disclosure. The company submitted a filing...
The Motley Fool
Fri, Mar 7
Hewlett Packard Enterprise shares tumble as US tariffs hurt forecast
By Jaspreet Singh March 7 (Reuters) - Shares of Hewlett Packard Enterprise HPE.N fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an intensely competitive market.U.S. President Donald Trump imposed 25% tariffs on imports from Canada and...
Reuters
Fri, Mar 7
Morgan Stanley initiates Crinetics with 'outperform' on catalyst rich 2025
** Brokerage Morgan Stanley starts coverage on drug developer Crinetics CRNX.O, which focuses on developing treatments for hormonal disorders, with "outperform" rating and a $70 PT** PT represents a 2x upside to the stock's last close ** Brokerage sees several catalysts for CRNX this yea...
Reuters
Fri, Mar 7
Why Nintendo Stock Is Sinking Today
Nintendo (OTC: NTDOY) stock is losing ground in Friday's trading. The Japanese gaming giant's share price was up down 6.7% as of 2:15 p.m. ET, and had been off as much as 7.6% earlier in the daily session.Nintendo is getting hit with sell-offs as investors hone in on headwinds the business could fac...
The Motley Fool
Fri, Mar 7
VF Corp falls after Wells Fargo cuts PT
** Shares of Vans parent VF Corp VFC.N down 7.5% at $19.01** Brokerage Wells Fargo cuts PT to $18 from $21** Brokerage says "the story hit a clear speed bump" at its analyst day for targets announced in October, as Vans turnaround is expected to be more subdued, and first half of 2026 was vi...
Reuters
Fri, Mar 7
Algonquin Power & Utilities (AQN) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Algonquin Power & Utilities (NYSE: AQN)Q4 2024 Earnings CallMar 07, 2025, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello and welcome to the Algonquin Power & Utilities Corp. fourth quarter and year-end 2...
The Motley Fool
Fri, Mar 7
Mortgage firm Guild climbs after Q4 revenue beat
** Shares of mortgage company Guild Holdings GHLD.N rise 5.3% to $13.79** Late Thursday, GHLD reported Q4 revenue above Wall Street expectations** Beat came as Q4 origination volumes vaulted 86% to $6.75 billion from a year earlier** Jefferies says a better rate environment during Q1 and Q2 could bo...
Reuters
Fri, Mar 7
Hedge funds give up half of 2025 gains in 'challenging' markets, says Goldman Sachs
By Nell Mackenzie LONDON, March 7 (Reuters) - Hedge fund stock pickers and multi-strategy funds gave up around half their average yearly gains in Thursday's tech-driven equity selloff, a note by Goldman Sachs showed GS.N. Wall Street shares have been hit this week by a darkening U.S. economic...
Reuters
Fri, Mar 7
QXO CEO outlines employee-first approach in potential Beacon takeover
QXO Inc.'s (NYSE:QXO) CEO, Brad Jacobs, addressed Beacon (NASDAQ:BECN) employees directly in an open letter as the company continues its efforts to acquire the building products distributor. Jacobs em
Investing.com
Fri, Mar 7
Why Intuitive Machines Stock Is Plummeting Today
The stock of Intuitive Machines (NASDAQ: LUNR) is seeing intense sell-offs in Friday's trading. The lunar-lander company's share price was down 24.1% as of 1:15 p.m. ET today and had been down as much as 37.4% earlier in the day's trading.Intuitive Machines' valuation is under intense pressure due t...
The Motley Fool
Fri, Mar 7
U.S. STOCKS ON THE MOVE-Mobileye, Visionary Holdings, Wolfspeed
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes traded off session lows on Friday as investors assessed comments from Fed Chair Jerome Powell amid economic uncertainty fanned by the Trump administration'...
Reuters
Fri, Mar 7
MSCI Bets Big on Investment Customization
During a recent investing conference held by Raymond James & Associates on March 3, 2025, MSCI (NYSE: MSCI) CFO Andy Wiechmann shared valuable insights about the company's position, growth initiatives, and future opportunities. For long-term investors, the discussion revealed important strategic ele...
The Motley Fool
Fri, Mar 7
Why Plug Power Stock Slumped Another 13% in February
Plug Power (NASDAQ: PLUG) confirmed last month that its new hydrogen plant in Louisiana was on track to start operations in the first quarter. The hydrogen stock still fell another 13.4% in February after dropping by a similar percentage in the previous month, according to data provided by S&P Globa...
The Motley Fool
Fri, Mar 7
Anika Therapeutics falls after its completes divestiture of Parcus Medical business
** Shares of drug developer Anika Therapeutics ANIK.O fall 2.7% to $16.54 in afternoon trade** Company says it completes planned divestiture of its Parcus Medical business to Medacta Group MOVE.S to focus on its core hyaluronic acid technology for osteoarthritis pain management and expand its regene...
Reuters
Fri, Mar 7
Why XRP Is Sinking Today
Since late afternoon yesterday, XRP (CRYPTO: XRP) traded nearly 6% lower as of 1:05 p.m. ET today, seemingly due to news about the creation of the U.S. Strategic Bitcoin Reserve, which failed to excite investors hoping for more from the initiative.A disappointing executive orderPresident Donald Trum...
The Motley Fool
Fri, Mar 7
LIVE MARKETS-Individual investor bulls down in the dumps - AAII
Main US indexes mixed, now around flat after Powell remarksUtilities lead S&P 500 sector gainers; Cons Disc weakest groupDollar down; gold slips; bitcoin off >1%; crude up ~1%US 10-Year Treasury yield edges up to ~4.30% Welcome to the home for real-time coverage of markets brought to you by R...
Reuters
Fri, Mar 7
Hedge fund D.E. Shaw's Oculus down 4.3% in February, says source
LONDON, March 7 (Reuters) - Hedge fund D.E. Shaw's Oculus Fund returned a negative 4.3% in returns in February taking the fund to a negative 2.8% so far in 2025, said a source with direct knowledge of the matter on Friday. The New York-based D.E. Shaw, one of the hedge fund industry's bigges...
Reuters
Fri, Mar 7
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