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Acelyrin slides after reiterating merger with Alumis amid Concentra's buyout offer
** Shares of drug developer Acelyrin SLRN.O fall 12.7% to $2.30 ** SLRN reiterates its planned merger with Alumis, says unsolicited buyout offer from Concentra Biosciences is not expected to result in superior proposal** Concentra last month offered to buy Acelyrin for about $300 million, according...Reuters
Tue, Mar 4
US airlines' shares fall as tariffs stoke discretionary spending worries
** Shares of major U.S. airlines fall in early trading on worries around a slowdown in discretionary spending amid a tariff war** U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada take effect on Tuesday, along with doubling of duties on Chinese goods to 20%** Delta ...Reuters
Tue, Mar 4
AMD Has a Golden Opportunity in the Graphics Card Market
The graphics card market is dominated by Nvidia (NASDAQ: NVDA). The gaming and AI powerhouse has a 90% unit market share, according to Jon Peddie Research, with Advanced Micro Devices (NASDAQ: AMD) in a distant second place. While Nvidia's market share fluctuates, the company has held an enormous le...The Motley Fool
Tue, Mar 4
Europe's defence stocks pull back after gravity-defying rally
March 4 (Reuters) - European defence company shares retreated on Tuesday, surrendering earlier gains, after record run up on Monday, when stocks were buoyed by the prospect of higher defence spending in the region. The entire sector rose sharply on Monday after the clearest sign yet Europe's ...Reuters
Tue, Mar 4
CANADA STOCKS-TSX hits near two-month low as US tariffs take effect
By Pranav Kashyap March 4 (Reuters) - Canada's main stock index fell to its lowest level in nearly two months, as investors assessed President Donald Trump's imposition of new tariffs on the United States' three biggest trading partners.At 10:00 a.m. ET (1500 GMT), the Toronto Stock E...Reuters
Tue, Mar 4
Target Tops EPS, Faces Cost Challenges
Target (NYSE:TGT), a national retailer known for its red bulls-eye and wide-ranging product selection, released its fourth-quarter 2024 results on March 4, 2025. The results showcased a performance that slightly exceeded Wall Street's expectations, with an EPS of $2.41 against a forecasted $2.27 and...The Motley Fool
Tue, Mar 4
US STOCKS-Nasdaq falls into correction territory as trade war worries weigh
Illumina falls after China bans imports of its gene sequencersTarget drops on bleak FY forecast Tesla's China-made EV sales fall 49.2% in FebruaryIndexes down: Dow 1.41%, S&P 500 1.50%, Nasdaq 1.55%By Johann M Cherian and Sukriti Gupta March 4 (Reuters) - Wall Street's main indexe...Reuters
Tue, Mar 4
Target Corp reports results for the quarter ended January 31 - Earnings Summary
Target Corp TGT.N reported quarterly adjusted earnings of $2.41 per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $2.98. The mean expectation of twenty nine analysts for the quarter was for earnings of $2.27 per share. Wall Street ...Reuters
Tue, Mar 4
LIVE MARKETS-Nasdaq in correction territory as trade war fears mount
Main US indexes all down >1.5%Financials weakest S&P 500 sector; Staples sole gainerEuro STOXX 600 index falls ~1.9%Dollar down; crude off ~2%; bitcoin off ~3%; gold upUS 10-Year Treasury yield falls to ~4.11%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Tue, Mar 4
Modiv Industrial Inc reports results for the quarter ended December 31 - Earnings Summary
Modiv Industrial Inc MDV.N reported quarterly adjusted earnings of 7 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -46 cents. The lone analyst forecast for the quarter was for a loss of 7 cents per share. Revenue fell 4...Reuters
Tue, Mar 4
Amylyx Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
Amylyx Pharmaceuticals Inc AMLX.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of four analysts for the quarter was for a loss of 52 cents per shar...Reuters
Tue, Mar 4
Rivian's Stock Is Up Nearly 40% Off Its Lows. Here's What History Says Happens Next.
Share prices of electric vehicle manufacturer Rivian (NASDAQ: RIVN) are up almost 40% from their all-time low in April 2024. Although an impressive run-up, it is still nearly 36% lower than its 52-week high of $18.11 in July 2024.Rivian came out with a strong performance in the fourth quarter of 202...The Motley Fool
Tue, Mar 4
Esperion Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Esperion Therapeutics Inc ESPR.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -50 cents. The mean expectation of nine analysts for the quarter was for a loss of 15 cents per sh...Reuters
Tue, Mar 4
1 Wall Street Analyst Thinks Chipotle Stock Is Going to $70. Is It a Buy?
Chipotle Mexican Grill (NYSE: CMG) is not only a purveyor of tasty meals like burritos and quesadillas, it's a high-potential investment. That is, if you accept the latest argument put forth by one analyst at a prominent, white-shoe investment bank. He believes the company's stock, which has perform...The Motley Fool
Tue, Mar 4
BREAKINGVIEWS-White House leans into an economic downturn
By Gabriel Rubin WASHINGTON, March 4 (Reuters Breakingviews) - It turns out that politicians really do have the power to wrest the economic cycle - in this case, to negative effect. After a monthlong reprieve, U.S. President Donald Trump’s 25% tariffs on Canadian and Mexican imports are set to be...Reuters
Tue, Mar 4
Best Buy sinks after downbeat forecasts, tariff-driven price hike warning
** Shares of electronics retailer Best Buy BBY.N fall as much as 15% to $73.70 in early trade** Stock among worst performers on broader S&P 500 index .SPX, BBY set for its worst day since March 12, 2020 if losses hold** Co sees annual comparable sales of flat to 2% growth, largely below estimate...Reuters
Tue, Mar 4
US banks plummet on market selloff as Trump's tariffs ignite trade war worries
** Shares of Wall Street's major banks slide in early hours of trading, as equities set on a correction course** JPMorgan Chase JPM.N, Goldman Sachs GS.N, Morgan Stanley MS.N, Bank of America BAC.N and Citigroup C.N are down; Citi leads the declines with 6.4% fall ** S&P 500 Banks .SPXBK ind...Reuters
Tue, Mar 4
Alphatec drops on planned $300 mln convertible debt offering
** Shares of medical device firm Alphatec Holdings ATEC.O down 11% at $10.92 amid broader sell-off in equities early Tues as co looks to raise capital** Shares on track for biggest one-day pct decline since Sept 9** Spinal surgery imaging system provider late Mon said it's offering privately $30...Reuters
Tue, Mar 4
Gold miners gain as Trump's tariffs fuel safe-haven demand, weaker dollar
** Shares of gold miners rise, tracking increase in bullion prices GOL/** Spot gold XAU= rises 0.9% to $2,918.90/ounce, driven by weaker dollar and heightened safe-haven demand amid escalating trade conflicts following U.S. President Donald Trump's imposition of new tariffs** Trump's new 25%...Reuters
Tue, Mar 4
