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Okta jumps after brokerages raise PT on robust forecasts
** Digital identity verification firm Okta's shares OKTA.O jump 19.3% to $103.94, set to log their best day in more than a year** At least 17 brokerages raise PT on stock after co's upbeat Q4 and strong forecasts** Bernstein says customers who have adopted Okta's broader product suite wo...
Reuters
Tue, Mar 4
Autozone Inc reports results for the quarter ended February 28 - Earnings Summary
Autozone Inc AZO.N reported quarterly adjusted earnings of $28.29 per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $28.89. The mean expectation of twenty five analysts for the quarter was for earnings of $29.11 per share. Wall St...
Reuters
Tue, Mar 4
Best Buy Co Inc reports results for the quarter ended January 31 - Earnings Summary
Best Buy Co Inc BBY.N reported quarterly adjusted earnings of $2.58 per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $2.72. The mean expectation of twenty three analysts for the quarter was for earnings of $2.40 per share. Wall St...
Reuters
Tue, Mar 4
Why Target Stock Dropped After Earnings Tuesday
Good earnings news wasn't great news for Target (NYSE: TGT) stock this morning, after the big-box retailer announced a sizable earnings beat Tuesday, then saw its stock sell off.Analysts forecast Target would earn $2.25 per share on fiscal fourth-quarter sales of $30.4 billion (Target's fiscal year ...
The Motley Fool
Tue, Mar 4
Y-mAbs Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Y-mAbs Therapeutics Inc YMAB.OQ reported a quarterly adjusted loss of 15 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 nine analysts for the quarter was for a loss of 12 cents per share....
Reuters
Tue, Mar 4
Olaplex Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
Olaplex Holdings Inc OLPX.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of ten analysts for the quarter was for earnings of one cent per share. Wa...
Reuters
Tue, Mar 4
U.S. STOCKS ON THE MOVE-Capricor, Wave Life Sciences, EVgo
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Tuesday, with the tech-heavy Nasdaq leading declines, as investors feared that an escalating trade war between the U.S. and its partners could damage t...
Reuters
Tue, Mar 4
Neuronetics rises on upbeat 2025 revenue forecast
** Shares of Pennsylvania-based medtech firm Neuronetics STIM.O rise 8.2% to $4.61** Company forecasts 2025 revenue between $145 million and $155 million, above analysts' estimate of $93.55 million, according to data compiled by LSEG** Company, which offers its NeuroStar device to treat major de...
Reuters
Tue, Mar 4
LIVE MARKETS-Shelter from the tariff storm
Main US indexes all down >1.5%Financials weakest S&P 500 sector; Staples sole gainerEuro STOXX 600 index falls ~2.2%Dollar down; crude off >1%; bitcoin slides >3%; gold upUS 10-Year Treasury yield falls to ~4.12%Welcome to the home for real-time coverage of markets brought to you by Reu...
Reuters
Tue, Mar 4
EMERGING MARKETS-Mexican peso, stocks slide after Trump's tariffs take effect
Mexican shares, peso at one-month lowsMarkets in Brazil, Argentina shut for public holidayMexico president condemns tariffs and vows retaliationMSCI Latam stocks index down for eighth straight day By Shashwat Chauhan March 4 (Reuters) - Mexican shares sank, while the peso dropped more than 1% aga...
Reuters
Tue, Mar 4
Pet Valu Holdings Ltd reports results for the quarter ended December 31 - Earnings Summary
Pet Valu Holdings Ltd PET.TO reported quarterly adjusted earnings of 45 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of nine analysts for the quarter was for earnings of 40 cents per share...
Reuters
Tue, Mar 4
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
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