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Roth Capital downgrades VersaBank to 'neutral' on slowing loan growth
** Roth Capital Partners downgrades U.S.-listed shares of Canadian lender VersaBank VBNK.TO to "neutral" from "buy"** Brokerage cites continued decelerating loan growth and slower-than-expected U.S. receivable purchase program (RPP) launch behind the downgrade** Program provides fund...Reuters
Thu, Mar 6
Toro slides as quarterly revenue falls short of estimates
** Shares of turf and landscape equipment seller Toro TTC.N fall as much as 6.7% to a nearly three-year low of $72.80** Co posts Q1 sales of $995 mln, below analysts' est. of $1.01 bln - data compiled by LSEG** TTC reports Q1 adj. EPS of 65 cents vs est. of 63 cents** Stock fell 15% in 2024Reuters
Thu, Mar 6
Natgas companies down on smaller-than-expected storage withdrawal
** Shares of U.S. natural gas companies fall, tracking natgas futures NGA/** U.S. natgas futures NGc1 down ~3% at $4.32 per million British thermal units (mmBtu); the contract closed at its highest since December 2022 for a second day in a row on Wednesday** Natural gas prices fell from a 26-year hi...Reuters
Thu, Mar 6
LIVE MARKETS-Electric utilities may be a cheap way to play AI
Main US indexes gyrate, but still red; Nasdaq down ~1.0%Tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick saysEuro STOXX 600 index up ~0.1%Dollar, crude decline; gold, bitcoin ~flatU.S. 10-Year Treasury yield rises to ~4.33%Welcome to the home for real-time coverage of mark...Reuters
Thu, Mar 6
Fastenal posts rise in February daily sales; shares up
** Industrial supplies maker Fastenal's FAST.O shares rise 3.7% to $77.24** FAST posts 5% yoy increase in Feb organic daily sales, compared with 1.9% rise in Jan** Manufacturing endmarkets continue to show strength, contributing to the rise in sales** Feb heavy manufacturing sales grew 4.8% yoy,...Reuters
Thu, Mar 6
South African rand jumps as Trump tariff drive weighs on US dollar
JOHANNESBURG, March 6 (Reuters) - South Africa's rand hit its highest in nearly three months against the dollar on Thursday, which is struggling as President Donald Trump's tariff policies fuel fears of a prolonged global trade war that could hit economic growth and fuel inflation.The rand w...Reuters
Thu, Mar 6
LendingTree hits one-month high after surprise Q4 profit, 2025 outlook
** Shares of online lending marketplace LendingTree TREE.O jump as much as 23.5%, hitting their highest since January 27** Late Wednesday, TREE reported Q4 adjusted profit vs Wall Street expectations of a loss** At least three brokerages raise their PTs on TREE after Q4 results, 2025 outlook** North...Reuters
Thu, Mar 6
JD.com (JD) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.JD.com (NASDAQ: JD)Q4 2024 Earnings CallMar 06, 2025, 7:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, and thank you for standing by for JD.com's fourth-quarter and full-year 2024 earnings conference call...The Motley Fool
Thu, Mar 6
Why Burlington Stores Stock Jumped This Morning
Shares of discount retailer Burlington Stores (NYSE: BURL) soared on Thursday. Following the release of strong fourth-quarter results, the stock opened 13.4% higher and backed down to an 11.5% overnight gain by 11 a.m. ET.Burlington's sales numbers rose in a shorter quarterBurlington's fourth-quarte...The Motley Fool
Thu, Mar 6
Overlooked and Undervalued: 1 AI Stock Worth Considering
Nebius Group (NASDAQ: NBIS) may be the biggest technology company you didn't even realize you already knew. The artificial intelligence (AI) infrastructure company has only been public in that name since last October. But it was a major global player in internet search before that.A restructuring th...The Motley Fool
Thu, Mar 6
LIVE MARKETS-On the verge: Jobless claims, layoffs, trade balance
Main US indexes down, but off lows; Nasdaq down ~0.7% Tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick saysEuro STOXX 600 index off ~0.1%Dollar, gold, crude decline; bitcoin upU.S. 10-Year Treasury yield rises to ~4.34%Welcome to the home for real-time coverage of markets ...Reuters
Thu, Mar 6
Venture Global falls on downbeat annual core profit outlook, higher project expense
** Shares of LNG Producer Venture Global VG.N down 22.7% at $11.00, its lowest level since its debut** VG reports a 6.6% decline in Q4 revenue to $1.52 billion from a year earlier, hurt by a 13% fall in volumes of LNG sold** Forecasts adjusted core profit between $6.8 billion and $7.4 billion for th...Reuters
Thu, Mar 6
Why AppLovin Stock Dropped 11.9% Last Month
It was an unusual up-and-down ride for shareholders of app monetization company AppLovin (NASDAQ: APP) last month. Midway through February, AppLovin stock was up by as much as 38%. But it then plunged by 36% from that peak to close out the month down 11.9%, according to data provided by S&P Global M...The Motley Fool
Thu, Mar 6
Major US banks down as tariff uncertainty stokes growth concerns
** Shares of major Wall Street banks fall amid a market-wide selloff as U.S. tariffs fan concerns of economic slowdown ** JPMorgan Chase JPM.N, Goldman Sachs GS.N, Morgan Stanley MS.N, Bank of America BAC.N and Citigroup C.N are down; Goldman Sachs leads the declines with 1.9% fall** Tariff uncertai...Reuters
Thu, Mar 6
Victoria's Secret falls after quarterly sales outlook comes in below expectations
** Lingerie maker Victoria's Secret's VSCO.N shares down 5.8% at $20.92 ** Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared with expectations of $1.39 billion, according to data compiled by LSEG** Co says it factored in unseasonal weather across much of the U.S. that had c...Reuters
Thu, Mar 6
Turning Point Brands Inc reports results for the quarter ended December 31 - Earnings Summary
Turning Point Brands Inc TPB.N reported quarterly adjusted earnings of 98 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of five analysts for the quarter was for earnings of 91 cents per sh...Reuters
Thu, Mar 6
Why MongoDB Stock Crashed on Thursday
MongoDB (NASDAQ: MDB) stock got destroyed Thursday morning, falling 20.3% through 10:20 a.m. ET despite "beating" on Q4 2024 earnings last night, after warning 2025 results may look a lot worse.And I hate to say I told you so, but I did.Where to invest $1,000 right now? Our analyst team just reveale...The Motley Fool
Thu, Mar 6
Rigetti shares waver, then rise after quantum-computing co's Q4 report
** Rigetti Computing Inc's RGTI.O shares reverse early losses and swing into positive territory on Thurs after Q4 results** RGTI shares last up 9% at $8.92, near session highs, after falling as low as $7.20 in early trade** Berkeley, California-based quantum-computing firm late Weds reported Q4 ...Reuters
Thu, Mar 6
Moderna falls as Berenberg cuts PT on weak respiratory vaccine outlook
** Vaccine maker Moderna's MRNA.O shares down 4.3% at $33.71** Brokerage Berenberg cuts PT to $30 from $33, maintains rating to "hold"** The new PT represents 14.7% downside to stock's last close on Wednesday** Berenberg sees multiple headwinds for MRNA which include a poor commercia...Reuters
Thu, Mar 6
As US chip darlings struggle, some bet on software as next big AI play
By Lisa Pauline Mattackal and Johann M Cherian March 6 (Reuters) - U.S. chip stocks were the biggest beneficiaries of last year's artificial intelligence investment craze, but they have stumbled so far this year, with investors moving their focus to software companies in search of the next be...Reuters
Thu, Mar 6
