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US STOCKS-Wall Street ends higher as markets eye easing of trade tensions
CrowdStrike dips on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesBy Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5 (Reuters) - Wall Street's main indexes finished higher in choppy t...Reuters
Wed, Mar 5
GLOBAL MARKETS-Stocks climb as Trump to delay some auto tariffs; euro up
U.S. stocks more than 1% higherBeijing retains growth target of 5%, lines up more stimulusOil falls after US crude stock buildBy Caroline Valetkevitch NEW YORK, March 5 (Reuters) - Stocks were up sharply on Wednesday after U.S. President Donald Trump agreed to delay tariffs for one month on some ...Reuters
Wed, Mar 5
Why Palantir Technologies Stock Rallied on Wednesday
Palantir Technologies (NASDAQ: PLTR) stock charged higher on Wednesday, climbing as much as 6.8%. As of 3:21 p.m. ET, the stock was still up 6%.The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was a little love from Wall Street.Where to invest $1,000...The Motley Fool
Wed, Mar 5
EXCLUSIVE-Fraud prevention software firm Riskified explores sale, sources say
By David French and Milana VinnNEW YORK, March 5 (Reuters) - Riskified RSKD.N, a provider of software that helps prevent e-commerce fraud, is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter.New York-based Riskified, which t...Reuters
Wed, Mar 5
Why Lumen Stock Is Gaining Today
Lumen (NYSE: LUMN) stock is climbing higher in Wednesday's trading, thanks to favorable demand indicators and momentum for the broader market. The telecommunications technologies company's share price was up 6.8% as of 2:45 p.m. ET. At the same point in time, the S&P 500 (SNPINDEX: ^GSPC) was up 1.1...The Motley Fool
Wed, Mar 5
EMERGING MARKETS-Latam markets jump on hopes of US tariff relief after Trump floats exemptions
Trump exempts some autos from tariffs for one month Chile's at over four-month highLatam stocks set to snap eight session losing runLatam FX, stocks indexes jump over 2% eachBy Shashwat Chauhan and Purvi Agarwal March 5 (Reuters) - Latin American markets soared on Wednesday, with Mexico's...Reuters
Wed, Mar 5
Natgas companies rise on Canada tariffs worries, record LNG flows
** Shares of U.S. natural gas companies rise, tracking natgas futures NGA/** U.S. natgas futures NGc1 up 2.2%, at $4.44 per million British thermal units (mmBtu), their highest close since December 2022 for a second consecutive day in a row** Natural gas prices rise on record flows to liquefied natu...Reuters
Wed, Mar 5
Daktronics Inc reports results for the quarter ended January 31 - Earnings Summary
Daktronics Inc DAKT.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of three analysts for the quarter was for earnings of 8 cents per share. Wall Str...Reuters
Wed, Mar 5
Why FMC Stock Surged Today
President Donald Trump is all set to impose tariffs on agricultural products on April 2, while China and Canada have already announced retaliatory tariffs on several items, including food and farm products. Yet, shares of FMC Corp (NYSE: FMC), which calls itself an agricultural sciences company and ...The Motley Fool
Wed, Mar 5
Medallion Financial jumps after Q4 profit beat
** Shares of specialty finance company Medallion Financial MFIN.O jump as much 11.1%; last up 8.3% at $8.85** Late Tuesday, MFIN reported Q4 profit above Wall Street expectations, its first earnings beat since Q1 2024** Co, during the quarter, also reached a $3 million settlement agreement with the ...Reuters
Wed, Mar 5
WRAPUP 3-US services sector expands; price growth accelerates amid tariffs
Services PMI increases 0.7 point to 53.5 in FebruaryPrices paid, new orders, employment measures riseTariffs, federal government spending cuts causing anxietyPrivate payrolls rise 77,000, smallest gain since JulyBy Lucia Mutikani WASHINGTON, March 5 (Reuters) - U.S. services sector growth unexpec...Reuters
Wed, Mar 5
Auto stocks rise as Trump exempts some automakers from tariffs
** Shares of U.S. automakers recover ground after selloff in Tuesday's session** President Donald Trump agreed to a one-month delay on tariffs for some vehicles built in North America as long as they comply with the terms of an existing free trade agreement, the White House said on Wednesday** T...Reuters
Wed, Mar 5
Why AeroVironment Stock Is Plummeting Today
Shares of AeroVironment (NASDAQ: AVAV) are falling on Wednesday. The company's stock had lost 4.4% as of 2:05 p.m. ET but was down as much as 22.4% earlier in the day. The drop comes as the S&P 500 gained 0.7% and the Nasdaq composite gained 0.9%.The defense contractor reported earnings yesterday th...The Motley Fool
Wed, Mar 5
US STOCKS-Wall Street gains as markets eye easing of trade tensions
CrowdStrike dips on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesNasdaq Composite on track to confirm correctionIndexes up: Dow +0.94%, S&P 500 +0.87%, Nasdaq 1.07%By Johann M Cherian, Sukriti Gu...Reuters
Wed, Mar 5
Why Bitcoin, Ethereum, and Dogecoin Are Trading Higher Today
The big three cryptocurrencies are on the move today. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are up 2.3%, 2.6%, and 1.7%, respectively, as of 12:30 p.m. ET. Earlier in the day, however, they were up as much as 6.1%, 5.5%, and 4.4%.The three followed a general upti...The Motley Fool
Wed, Mar 5
Brown-Forman Corp reports results for the quarter ended January 31 - Earnings Summary
Brown-Forman Corp BFb.N reported quarterly adjusted earnings of 43 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 46 cents per share. W...Reuters
Wed, Mar 5
iTeos Therapeutics rises after reporting narrower-than-expected quarterly loss
** Shares of cancer drug developer iTeos Therapeutics ITOS.O rise 4.5% to $7.15 in the afternoon trade** Company reports Q4 net loss of $1.01 per share, compared to analysts' estimates of a loss of $1.06 per share, according to data compiled by LSEG** ITOS expects its cash balance of $655 millio...Reuters
Wed, Mar 5
Stifel resumes Soleno coverage with 'buy' rating, citing potential of rare disease drug
** Brokerage Stifel resumes coverage on drug developer Soleno Therapeutics SLNO.O with a "buy" rating and a PT of $74** SLNO's experimental rare-disease drug DCCR has an 80% chance of an FDA approval for the treatment of a rare genetic disorder known as Prader-Willi syndrome - brokerage*...Reuters
Wed, Mar 5
Why Alibaba, JD, and Other Chinese Tech Stocks Rallied Wednesday Morning
Stocks of several of China's most popular technology companies were rallying on Wednesday as the country's leader promised to support the technology industry and kept its economic growth goals intact.With that as a backdrop, some of China's favorite stocks outpaced the gains of the broader market. S...The Motley Fool
Wed, Mar 5
SmartRent Inc reports results for the quarter ended December 31 - Earnings Summary
SmartRent Inc SMRT.N reported a quarterly adjusted loss of 6 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street ...Reuters
Wed, Mar 5
