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Intuitive Machines stock plummets after second sideways moon landing
By Akash Sriram March 7 (Reuters) - Shares of Intuitive Machines LUNR.O slumped to close 22% lower on Friday after the U.S. space exploration company confirmed that its second moon lander, Athena, landed on its side a day ago, similar to its first attempt last year.The six-legged lander touched d...
Reuters
Fri, Mar 7
EMERGING MARKETS-Latam currencies slip after US jobs data, tariff uncertainty lingers
Mexico's inflation meets forecasts in FebruaryBrazil's economy grows 3.4% in 2024Chile's inflation slows in FebruaryTraders see at least three Fed rate cuts by year-endBy Shashwat Chauhan and Purvi Agarwal March 7 (Reuters) - Latin American currencies were broadly lower on Friday, a d...
Reuters
Fri, Mar 7
US STOCKS-Wall St ends higher after Fed chief's comments, but notches weekly loss
Hewlett Packard slumps after dour second-quarter forecastsCostco falls after retailer misses estimatesNonfarm payrolls increase by 151,000 in FebruaryBy Chibuike Oguh, Johann M Cherian and Sukriti GuptaNEW YORK, March 7 (Reuters) - U.S. stocks finished higher on Friday, rebounding from early decline...
Reuters
Fri, Mar 7
Why Lumen Stock Is Surging Today
Lumen (NYSE: LUMN) stock is soaring in Friday's trading. The company's share price was up 7.8% as of 3 p.m. ET amid a 0.4% increase for the S&P 500 index and a 0.5% gain for the Nasdaq Composite index.In addition to positive momentum for the broader market, Lumen is getting a big boost from Broadcom...
The Motley Fool
Fri, Mar 7
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...
Reuters
Fri, Mar 7
GLOBAL MARKETS-Stocks, yields edge higher as investors assess Powell comments
U.S. stocks higher in afternoon tradingU.S. economy adds 151,000 jobs in February Euro heading for best week since 2009 By Caroline Valetkevitch NEW YORK, March 7 (Reuters) - Stock indexes edged higher on Friday after Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump ad...
Reuters
Fri, Mar 7
NL Industries Inc
expected to post earnings of 21 cents a share - Earnings Preview
NL Industries Inc NL.N, NL is expected to report resultson May 6 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for NL Industries Inc is for earnings of 21 cents per share. The one available analyst rating on the shares is "sell". The mean earnings estimate...
Reuters
Fri, Mar 7
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
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