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Why BigBear.ai Holdings Stock Crashed Today
BigBear.ai Holdings (NYSE: BBAI) stock collapsed in a 24% rout (through 10:35 a.m. ET) this morning after missing badly on both the top and bottom lines last night.Heading into the company's fourth-quarter 2024 earnings report, analysts forecast BigBear.ai would lose $0.14 per share on $54.6 million...
The Motley Fool
Fri, Mar 7
Biohaven drops as Morgan Stanley cuts PT after bipolar drug failure
** Shares of drug developer Biohaven BHVN.N fall 1.6% to $29.92 ** Brokerage Morgan Stanley cuts PT on BHVN to $63 from $69, after co's experimental bipolar disorder drug failed in a study** Co on Monday said the drug, BHV-7000, did not show statistical improvement in symptoms of extreme mood sw...
Reuters
Fri, Mar 7
Why Sea Stock Rose This Week
Shares of Sea Limited (NYSE: SE) were up 8% this week as of 10:30 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.Sea is home to leading e-commerce, digital financial services, and digital entertainment businesses in Southeast Asia, Taiwan, and Brazil. Earlier this we...
The Motley Fool
Fri, Mar 7
Trump administration views bitcoin reserve as "digital Fort Knox", senior officials say
By Suzanne McGee March 7 (Reuters) - Senior officials of the administration of U.S. president Donald Trump said in a media briefing on Friday that they view bitcoin as deserving "special treatment" as the White House forges ahead with plans to create stockpiles of digital assets.Trump sig...
Reuters
Fri, Mar 7
Algonquin Power & Utilities falls on fourth-quarter profit miss
** Shares of Algonquin Power & Utilities Corp AQN.TO fall 7% to $4.4 ** Company misses Q4 profit estimates due to higher operating expenses** AQN reports Q4 adj. profit of $0.06/share, missing est. of $0.08/share - data compiled by LSEG** Co posts a loss of $107.5 million attributable to shareho...
Reuters
Fri, Mar 7
Why C3.ai Stock Lost 25% in February
C3.ai (NYSE: AI) was among the losers last month, as shares of the artificial intelligence (AI)-focused software-as-a-service (SaaS) company fell on a weakening macroeconomic environment and an earnings report that didn't seem to live up to investor expectations.By the end of the month, C3.ai had lo...
The Motley Fool
Fri, Mar 7
Why Sweetgreen Stock Plunged 31% Last Month
Shares of salad restaurant chain Sweetgreen (NYSE: SG) plunged 30.9% in February, according to data provided by S&P Global Market Intelligence. The company did report financial results for the fourth quarter of 2024 during the month, but that report didn't come until Feb. 26. Sweetgreen stock was al...
The Motley Fool
Fri, Mar 7
Why Hewlett Packard Enterprise Stock Tanked Today
Hewlett Packard Enterprise (NYSE: HPE) stock collapsed in a 15.2% rout (through 9:50 a.m. ET) this morning after reporting mixed earnings last night, and forecasting a significantly worse 2025 than most Wall Street analysts had been expecting.For Q1 2025, estimates had HP Enterprise (as I'll call it...
The Motley Fool
Fri, Mar 7
Why Nu Stock Lost 19% in February
Nu Holdings (NYSE: NU) stock lost 19% of its value in February, according to data provided by S&P Global Market Intelligence. The stock dropped after its fourth-quarter earnings report, which demonstrated strong performance but negative sentiment about new growth plans and the economy in Brazil.Nu i...
The Motley Fool
Fri, Mar 7
Visionary surges on order for 12,000 EVs in Hong Kong
** Canadian EV maker Visionary Holdings' GV.O shares rise 24.2% to $6.07 ** Stock rose as much as 96.3% earlier in the session to reach a near-two-year high of $9.60 ** Co says it has secured an order for 12,000 new electric vehicles to be used as taxis in Hong Kong** Co is planning to enter the...
Reuters
Fri, Mar 7
Potbelly shares flop after Q4 results, guidance
** Shares in restaurant company Potbelly Corp PBPB.O tumble ~15% on Friday, tracking for biggest one-day pct drop since May 2020, after report for Q4 and outlook for Q1, FY 2025 ** For the qtr ended in Dec, PBPB reported diluted EPS of $0.15 vs $0.09 in year-ago quarter but rev fell 7.3% y/y to $116...
Reuters
Fri, Mar 7
Shares of Costco Fall After Mixed Earnings and Warnings About Tariffs
Shares of Costco (NASDAQ: COST) traded 6.4% lower, as of 10:14 a.m. ET, after the large membership retailer reported mixed earnings results. Management also made comments about the impact of tariffs on its business and the retail sector as a whole.The company can be agile to avoid impact of tariffsC...
The Motley Fool
Fri, Mar 7
Mobileye rises after Steve Cohen's Point72 reports 5% stake
** Shares of autonomous driving tech firm Mobileye MBLY.O up 2.4% to $15.18 on Fri after hedge fund Point72 disclosed 5% passive stake ** Point72 Asset Management, founded by Steve Cohen, owns ~5.1 mln shares as of Mar 5, according to regulatory filing late Thurs ** In wide-ranging interview...
Reuters
Fri, Mar 7
EXCLUSIVE-ADNOC eyes international listing of XRG, sources say
ADNOC considers listing minority stake in XRG Bank of America advises on XRG strategy Possible listing venues include London, New YorkHas potential to be among largest energy IPOs everBy Sarah McFarlane, David French and Yousef Saba LONDON, March 7 (Reuters) - Abu Dhabi National Oil Company is co...
Reuters
Fri, Mar 7
Energy firms rise after Russia's Novak hints at OPEC+ output reversal
** S&P 500 energy index .SPNY up 1.5%, as oil prices rise O/R** Brent LCOc1 crude futures up 1.4% at $70.45/barrel; U.S West Texas Intermediate crude CLc1 up 1.4% at $67.29** Oil prices rise, helped by Russian Deputy Prime Minister Alexander Novak's suggestion that OPEC+ could reverse its ou...
Reuters
Fri, Mar 7
LIVE MARKETS-Investors ride the Chinese dragon amid US tariff woes
Main US indexes red; Nasdaq down ~0.8% Cons Disc weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index off ~0.2%Dollar, bitcoin slide; gold up; crude advances ~1.5%U.S. 10-Year Treasury yield dips to ~4.25%Welcome to the home for real-time coverage of markets brought to you by Reuters...
Reuters
Fri, Mar 7
Broadcom Exceeds Fiscal Q1 Expectations
Broadcom (NASDAQ:AVGO), a leading global technology company known for its semiconductor and infrastructure software solutions, released its fiscal 2025 first-quarter earnings on March 6. The company exceeded expectations with non-GAAP earnings per share (EPS) of $1.60 against the analysts' consensus...
The Motley Fool
Fri, Mar 7
Why Broadcom Stock Was Moving Higher Today
Shares of Broadcom (NASDAQ: AVGO) were climbing today after the diversified chip stock posted better-than-expected results in its fiscal first-quarter earnings report.As of 10:19 a.m. ET, the stock was up 3.6% on the news.Where to invest $1,000 right now? Our analyst team just revealed what they bel...
The Motley Fool
Fri, Mar 7
Here's Why Data Center Equipment Company Vertiv's Stock Fell in February
According to data provided by S&P Global Market Intelligence, shares in data center infrastructure company Vertiv (NYSE: VRT) declined by 18.7% in February. The decline is due to two interconnected factors. First, there was the general sell-off in artificial intelligence (AI) and data center-related...
The Motley Fool
Fri, Mar 7
Affinity Bancshares rises on stock repurchase plan
** Shares of community lender Affinity Bancshares AFBI.O rise 2.5% to $20.38** Covington, Georgia-based AFBI adopts a stock buyback program, wherein it may repurchase up to 320,480 shares, or about 5% of outstanding shares** AFBI has about 6.4 million outstanding shares, according to data compiled b...
Reuters
Fri, Mar 7
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