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GLOBAL MARKETS-Stocks, yields edge higher; Powell says economy still in good place
U.S. stocks end higher but post losses for the weekU.S. economy adds 151,000 jobs in February Euro has best week since 2009 By Caroline Valetkevitch NEW YORK, March 7 (Reuters) - Stock indexes rose on Friday after Federal Reserve Chair Jerome Powell said the U.S. economy continues to be in a goo...
Reuters
Fri, Mar 7
Why Bank Stocks JPMorgan Chase and Wells Fargo Fell Today
Shares of the bank stocks JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) fell 1.7% and 2.2%, respectively, for no obvious reason but likely due to new economic data and ongoing tariff news that seems to change daily.Jobs report misses estimatesNew jobs data from February once again missed ec...
The Motley Fool
Fri, Mar 7
Dexcom receives FDA warning letter for two U.S. manufacturing facilities
March 7 (Reuters) - Medical device maker Dexcom DXCM.O said it has received a warning letter from the U.S. Food and Drug Administration following inspections of its two key manufacturing facilities, sending its shares down nearly 7% after the bell.The warning letter identified issues in manufacturin...
Reuters
Fri, Mar 7
Dexcom falls after FDA's warning letter over deficiencies at two facilities
** Shares of medical device maker Dexcom DXCM.O fall 6.2% to $73 in extended trade** Co says it had received a warning letter from the U.S. FDA following inspections of its two key manufacturing facilities** The warning letter contains observations and identified issues in manufacturing processes an...
Reuters
Fri, Mar 7
Why Denny's Stock Tumbled by 16% This Week
The persistently rising price of a key input was the main factor behind the recent sag in Denny's (NASDAQ: DENN) stock. Investors weren't very forgiving this week, as according to data compiled by S&P Global Market Intelligence, they traded the company's shares down by nearly 16% over the period.Not...
The Motley Fool
Fri, Mar 7
S&P Dow Jones Indices Doordash, Tko Group Holdings, Williams-Sonoma And Expand Energy Set To Join S&P 500
March 7 (Reuters) - S&P DOW JONES INDICES: DOORDASH, TKO GROUP HOLDINGS, WILLIAMS-SONOMA AND EXPAND ENERGY SET TO JOIN S&P 500S&P DOW JONES INDICES: PALANTIR TECHNOLOGIES, INTUITIVE SURGICAL AND SERVICENOW WILL REPLACE DOW, THE KRAFT HEINZ COMPANY & FORD MOTOR IN S&P 100,S&...
Reuters
Fri, Mar 7
Why TG Therapeutics Stock Was Soaring This Week
Following news of an estimates-topping fourth quarter, TG Therapeutics (NASDAQ: TGTX) stock was a hot item with investors over the past few days. According to data compiled by S&P Global Market Intelligence, as of mid-afternoon Friday, the biotech's share price had risen by almost 27% week to date.A...
The Motley Fool
Fri, Mar 7
Activist investor Mantle Ridge builds a more than $1 billion stake in Cognizant, WSJ reports
March 7 (Reuters) - Activist investor Mantle Ridge has built a stake worth more than $1 billion in consultancy firm Cognizant Technology CTSH.O, saying its shares are undervalued, the Wall Street Journal reported on Friday.Shares of the company, whose market capitalization stands at more than $41 bi...
Reuters
Fri, Mar 7
Mantle Ridge builds more than $1 billion stake in Cognizant stock - WSJ
Mantle Ridge, an activist hedge fund, has acquired a stake exceeding $1 billion in Cognizant Technology Solutions (NASDAQ:CTSH), signaling its belief that the company's shares are currently undervalue
Investing.com
Fri, Mar 7
1 Artificial Intelligence (AI) Semiconductor Stock to Buy on the Dip Hand Over Fist Right Now (Hint: It's Not Nvidia or AMD)
Chipsets known as graphics processing units (GPUs) are perhaps the most important hardware in generative AI development right now. For the last couple of years, investing in semiconductor stocks has generally been a great idea -- as you're nearly guaranteed some form of exposure to GPUs or data cent...
The Motley Fool
Fri, Mar 7
Why Oil and Gas Stocks Plunged This Week
The oil and gas market dropped this week on a number of news items that seemed to hit the energy industry all at once. OPEC is increasing production, the U.S. economy may be slowing, and U.S. tariffs have become a topic once again.According to data provided by S&P Global Market Intelligence, Maratho...
The Motley Fool
Fri, Mar 7
Super Micro Computer Files Its Financials by the Nasdaq's Deadline. Is It Safe to Buy the Stock Now?
Super Micro Computer (NASDAQ: SMCI) investors got good news last month after learning that the tech company, which has been mired in controversy in recent months, was able to file its quarterly and annual financials on time, satisfying the Nasdaq exchange. By doing so, it alleviates fears around the...
The Motley Fool
Fri, Mar 7
Retirees in These 9 States Risk Losing Some of Their Social Security Checks
You count on your Social Security checks to help you live independently in retirement. Even if you have savings of your own, you may have a hard time maintaining your existing lifestyle without your benefits. Yet, many retirees have to give a portion of their checks back to the federal government.Th...
The Motley Fool
Fri, Mar 7
US stocks weekly: Turbulence
** S&P 500 .SPX stretches losing streak to three weeks, tumbles 3.1% as trade wars whipsaw investors .N** SPX ends down 6.1% from its record closing high, Dow .DJI finishes off 4.9% from its record close, Nasdaq Composite .IXIC, which confirmed a correction on Thurs, ends Fri down 9.8% from its ...
Reuters
Fri, Mar 7
Cognizant up after report says Mantle Ridge builds stake of over $1 billion in co
** Shares of IT consulting firm Cognizant CTSH.O rise about 5% to $87.46 in extended trade** Activist investor Mantle Ridge has built a stake of over $1 billion in CTSH, according to the Wall Street Journal ** Mantle Ridge believes Cognizant's shares undervalued; it started buying shares in the ...
Reuters
Fri, Mar 7
US STOCKS-Wall St ends higher after Fed chief's comments, but posts big 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
Gap (GAP) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Gap (NYSE: GAP)Q4 2024 Earnings CallMar 06, 2025, 5:00 p.m. ETContents:Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks:OperatorGood afternoon, ladies and gentlemen. I would like to welcome everyone to The Gap Inc. fourth quarter 2024 earnings conf...
The Motley Fool
Fri, Mar 7
Nexxen International (NEXN) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Tremor International (NASDAQ: NEXN)Q4 2024 Earnings CallMar 05, 2025, 9:00 a.m. ETContents:Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks:OperatorWelcome to Nexxen's fourth-quarter earnings call. At this time, participants are in a listen-only mo...
The Motley Fool
Fri, Mar 7
TRADING DAY-Wild market week ends calmly, but more turbulence looms
By Jamie McGeever ORLANDO, Florida, March 7 (Reuters) - TRADING DAY Making sense of the forces driving global markets Happy Friday! Well, what a week that was. From Germany's historic fiscal U-turn to the head-spinning uncertainty surrounding U.S. tariffs, from U.S. recession warnin...
Reuters
Fri, Mar 7
Wall St Week Ahead-Rocky US stock market faces inflation data test
By Lewis Krauskopf NEW YORK, March 7 (Reuters) - A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump's tariffs. Despite a gain on Friday, the be...
Reuters
Fri, Mar 7
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