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CORRECTED-US STOCKS-Nasdaq veers into correction territory dragged down by trade tensions
Ford and General Motors fallTarget drops on bleak FY forecast Walgreens jump amid take-private dealIndexes mixed: Dow -0.70%, S&P 500 -0.33%, Nasdaq +0.48%By Chibuike Oguh, Johann M Cherian and Sukriti Gupta NEW YORK, March 4 (Reuters) - Wall Street's main indexes fell on Tuesday, with th...
Reuters
Tue, Mar 4
Why Intel Stock Is Sinking Today
Intel (NASDAQ: INTC) stock is selling off again in Tuesday's trading. The semiconductor company's share price was down 4.5% as of 3 p.m. ET and been down as much as 8.7% earlier in trading.Investors are selling out of Intel stock after Taiwan Semiconductor Manufacturing's CEO visited the White House...
The Motley Fool
Tue, Mar 4
QUOTES-What Trump's tariffs mean for markets
March 4 (Reuters) - Major stock indexes fell in volatile trade on Tuesday, with the Nasdaq Composite index at one point down 10% from its December record high, while Treasury yields also seesawed as the United States hit Canada, Mexico and China with steep tariffs.The tariff move by U.S. President D...
Reuters
Tue, Mar 4
Parts of US Treasury market show concern about Fed rate-cutting pause
Yield curve inversions signal potential economic downturnLonger-dated yields fall due to growth concerns and policy uncertaintyFebruary jobs data in focus for assessing economic slowdown riskBy Karen Brettell NEW YORK, March 4 (Reuters) - Parts of the U.S. Treasury yield curve are reflecting incr...
Reuters
Tue, Mar 4
Why AST SpaceMobile Stock Is Skyrocketing Today
AST SpaceMobile (NASDAQ: ASTS) stock is posting huge gains in Tuesday's trading. The company's share price was up 18.5% as of 2:30 p.m. ET and had been up as much as 19.8% earlier in the session.AST published its fourth-quarter results after yesterday's market close and actually posted sales that ca...
The Motley Fool
Tue, Mar 4
Reddit Co Founder Alexis Ohanian Says I'm Officially Now One Of The People Trying To Buy Tiktok Us — And Bring It On-Chain- X Post
March 4 (Reuters) - REDDIT CO FOUNDER ALEXIS OHANIAN: I'M OFFICIALLY NOW ONE OF THE PEOPLE TRYING TO BUY TIKTOK US — AND BRING IT ON-CHAIN.Source text: https://tinyurl.com/37bxs3zt
Reuters
Tue, Mar 4
Super Micro recovers from declines, becomes top gainer on S&P 500
** Shares of Super Micro Computer SMCI.O up 11.1% at $40.08, the biggest gainer on the benchmark S&P 500 .SPX ** AI-server maker logged declines of around 30% in the last three sessions ** Company filed its delayed annual report for the fiscal year ended June 30, along with its first and second ...
Reuters
Tue, Mar 4
Target braces for first-quarter profit pressure due to tariffs, low demand
25% tariffs on Mexico could increase prices for fresh produce in days, CEO tells CNBCWorking to move more production out of China, company saysHeavy online shopping gave holiday quarter sales boostShares down 3.2% in afternoon tradeBy Siddharth Cavale and Juveria Tabassum March 4 (Reuters) - Targ...
Reuters
Tue, Mar 4
Tariff-exposed stocks feel the squeeze as trade war heats up
By Medha Singh and Kanchana Chakravarty March 4 (Reuters) - Shares of U.S. companies were under pressure after the latest escalation in Washington's trade war, with new tariffs on Canada and Mexico expected to hit earnings in several sectors, including automobiles, aerospace, retail and housi...
Reuters
Tue, Mar 4
Why SoundHound AI Is Falling Again Today -- Is the Stock a Buy Right Now?
SoundHound AI (NASDAQ: SOUN) stock is seeing another big valuation pullback in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was down 5.7% as of 2 p.m. ET and had been off as much as 13.7% earlier in the session.SoundHound AI is getting hit with big sell-of...
The Motley Fool
Tue, Mar 4
York Water Co reports results for the quarter ended December 31 - Earnings Summary
York Water Co YORW.OQ reported quarterly adjusted earnings of 36 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 42 cents. The lone analyst forecast for the quarter was for earnings of 37 cents per share. Revenue rose 4.3%...
Reuters
Tue, Mar 4
Plug Power Inc reports results for the quarter ended December 31 - Earnings Summary
Plug Power Inc PLUG.OQ reported a quarterly adjusted loss of $1.65 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.08. The mean expectation of twenty three analysts for the quarter was for a loss of 23 cents per share. Wall ...
Reuters
Tue, Mar 4
U.S. STOCKS ON THE MOVE-Okta, Natgas companies, UnitedHealth
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 on course to confirm a correction, as investors feared that an escalating trade war between the U.S. and its partne...
Reuters
Tue, Mar 4
Why Best Buy Stock Unplugged Today
Shares of Best Buy (NYSE: BBY) plunged on Tuesday, following a robust earnings report with a side of worrisome management comments. The stock price dropped by as much as 15.9% in the morning session, recovering to a 13.2% loss by 1 p.m. ET.The numbers are better than they lookIn the fourth quarter o...
The Motley Fool
Tue, Mar 4
OFS Capital hits over two-month high after quarterly profit beat
** Shares of business development company OFS Capital OFS.O rise as much as 4.8%, hitting their highest since December last year** OFS, late Monday, posted Q4 profit above Wall Street expectations for the second consecutive quarter** Stock outperforms peers, even as broader markets struggled amid co...
Reuters
Tue, Mar 4
Why Deere Stock Is Down Today
Shares of Deere & Co. (NYSE: DE) fell as much as 3.9% this morning as investor sentiment took a double blow. An analyst downgraded the agricultural machinery stock, citing valuation concerns, even as President Donald Trump announced tariffs on "external" agricultural products effective April 2. Chin...
The Motley Fool
Tue, Mar 4
Nvidia, Apple, and Eli Lilly: Manufacturing the Future
In this podcast, Motley Fool host Dylan Lewis and analysts Jason Moser and Matt Argersinger discuss:How Nvidia continues to deliver in the face of great expectations, but even those great results haven't kept the market happy with the chipmaker or big tech stocks to start 2025.Apple's and Eli Lilly'...
The Motley Fool
Tue, Mar 4
UnitedHealth rises after winning favorable ruling in fraud case
** Shares of healthcare conglomerate UnitedHealth UNH.N rise 2.1% to $476.85** A court-appointed special master has found that U.S. authorities lack evidence for their billion-dollar fraud case against UNH, which alleges the company kept overpayments from Medicare** Special Master Suzanne Segal'...
Reuters
Tue, Mar 4
GLP1 Tracker: Lilly continues to outgrow Novo- analyst
Investing.com -- Bernstein analysts told investors in a note Tuesday that Eli Lilly (NYSE:LLY) is gaining ground in the GLP-1 market, edging closer to market share parity with Novo Nordisk (NYSE:NVO).
Investing.com
Tue, Mar 4
Here's Why Bank of America, SoFi, and Goldman Sachs Are All Plunging
Not surprisingly, the stock market was having a rather weak day on Tuesday, after President Trump's tariffs went into effect on Canada, Mexico, and China. As of 12:15 p.m. ET, all major indexes were lower, and the S&P 500 (SNPINDEX: ^GSPC) was down by about 1.3% for the day.Some sectors and industri...
The Motley Fool
Tue, Mar 4
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