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Why Applied Digital Stock Plummeted Today
Applied Digital (NASDAQ: APLD) stock got hit with another round of big sell-offs in Monday's trading. The company's share price dropped 14% by the time the market closed.Tech stocks were rocked following some bearish news for Nvidia and other artificial intelligence (AI) stocks. Applied Digital stoc...The Motley Fool
Mon, Mar 3
QUOTES-Wall Street hit by Trump tariffs on Canada and Mexico
March 3 (Reuters) - Wall Street's main stock indexes tumbled late Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. Trump said on Monday that there was no chance for Mexico or Canada to prevent 25% tariffs from taking effect on ...Reuters
Mon, Mar 3
BUZZ-Investment bank B. Riley rises after Q4 prelim results
** Shares of investment bank B. Riley Financial RILY.O up 5.6% at $5.70 in extended trade** RILY announces prelim Q4 results, expects net profit from discontinued operations to be between $48 million and $68 million ** Bank finalized the sale of a majority stake in its liquidation business, Great Am...Reuters
Mon, Mar 3
BUZZ-Alphatec slides after announcing $300 mln convertible debt deal
** Shares of medical device firm Alphatec Holdings ATEC.O down 10.4% post-market to $11 on planned capital raise** Spinal surgery imaging system provider says offering privately $300 mln 5-yr convertible bonds (CBs)** It plans to use portion of net proceeds to pay for capped calls, to repurchase por...Reuters
Mon, Mar 3
Why Intel Stock Sank After Surging Today
Intel (NASDAQ: INTC) stock saw some big swings and closed the day in the red in a tough session for the tech sector. The company's share price fell 4.2% in the day's trading, despite having been up as much as 5.5% earlier in the session.Intel initially defied market momentum and moved higher today t...The Motley Fool
Mon, Mar 3
Why Artificial Intelligence Stocks Taiwan Semiconductor, Arista Networks, and Vertiv Holdings All Plunged Today
Shares of artificial intelligence (AI) and AI-adjacent stocks such as Taiwan Semiconductor Manufacturing (NYSE: TSM), Arista Networks (NYSE: ANET), and Vertiv Holdings (NYSE: VRT) were all down big on Monday, falling 4.7%, 8.3%, and 10.5%, respectively, as of 3:52 p.m. ET.All of these stocks are tie...The Motley Fool
Mon, Mar 3
US STOCKS-Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips
Stocks fall further after Trump announces tariffsISM manufacturing PMI at 50.3 in February Intel erases early gains, closes lowerUpdates to 4:10 PMBy Johann M Cherian, Sukriti Gupta and Chibuike Oguh NEW YORK, March 3 (Reuters) - Wall Street's main stock indexes closed sharply lower on Monday...Reuters
Mon, Mar 3
LIVE MARKETS-US stocks tank as Trump moves forward with tariff threats
S&P 500, Dow slide >1.5%; Nasdaq tumbles >2.5%Tech weakest S&P 500 sector; Real Estate leads gainersDollar slides; crude down >2%; bitcoin falls >8%; gold up >1% US 10-Year Treasury yield falls to ~4.16%Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
Mon, Mar 3
South Bow Corp expected to post earnings of 72 cents a share - Earnings Preview
South Bow Corp SOBO.TO is expected to report resultson March 5 for the period ending March 31 2024LSEG's mean analyst estimate for South Bow Corp is for earnings of 72 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 ...Reuters
Mon, Mar 3
US STOCKS-Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips
Stocks fall further after Trump announces tariffsISM manufacturing PMI at 50.3 in February Intel erases early gains, closes lowerUpdates to 4 pm ETBy Johann M Cherian, Sukriti Gupta and Chibuike Oguh NEW YORK, March 3 (Reuters) - Wall Street's main stock indexes slipped on Monday after Presid...Reuters
Mon, Mar 3
BUZZ-Automakers clipped after Trump says Canada, Mexico tariffs set for Tuesday
** Shares of automakers fall further amid a sea of red in Mon afternoon trading after U.S. President Donald Trump says tariffs of 25% on Canada and Mexico will take effect on Tuesday with reciprocal tariffs beginning Apr 2** U.S. automakers General Motors GM.N and Ford F.N down 4% and 1.7%, respecti...Reuters
Mon, Mar 3
EMERGING MARKETS-Mexican peso hits one-month low after Trump's tariff comments
Updates with mid-session tradingMarkets in Brazil, Argentina shut for public holidaysUkraine dollar bonds slide after Trump and Zelenskiy clashMexican peso gives up early gains after Trump's tariff commentsMSCI Latin American stocks, currencies down 0.3% eachBy Shashwat Chauhan, Purvi Agarwal ...Reuters
Mon, Mar 3
GLOBAL MARKETS-US stocks fall further after Trump tariff comments; euro up
Updates to late afternoon tradingUS stocks down sharply in afternoon tradingEuropean defense stocks surge on spending plans for Ukraine Bitcoin last down after weekend surge on Trump commentsBy Caroline Valetkevitch NEW YORK, March 3 (Reuters) - U.S. stocks were down sharply Monday afternoon afte...Reuters
Mon, Mar 3
BUZZ-Insurance broker TWFG rises after prelim Q4 results
** Shares of insurance broker TWFG TWFG.O up 5.3% at $31.83** TWFG late Friday announced Q4 prelim results, with revenue expected to be largely above Wall Street expectations** J.P. Morgan says it was a positive initial read on Q4 growth metrics, with premiums written, revenue and contingent commiss...Reuters
Mon, Mar 3
Why Super Micro Computer Tanked Today
Super Micro Computer (NASDAQ: SMCI) stock investors have been on a wild ride this year. The maker of high-end, liquid-cooled artificial intelligence (AI) servers faced accounting questions and the risk of delisted shares stemming from troubles last year.Shares ran higher, though, as it said it would...The Motley Fool
Mon, Mar 3
Why Tesla Stock Tumbled 28% in February
After soaring following the election, Tesla (NASDAQ: TSLA) stock ran into a wall in February as a number of news items, macro challenges, and CEO Elon Musk's involvement in the Department of Government Efficiency (DOGE) initiative all seemed to contribute to a sharp pullback in the stock.When the du...The Motley Fool
Mon, Mar 3
Nvidia Stock Plunged Again Monday. Is This a Great Chance to Buy?
Nvidia (NASDAQ: NVDA) shares were dropping again to start the trading week, down nearly 9% as of 3:15 p.m. ET Monday.Nvidia, the leader in artificial intelligence (AI) advanced chips and software architecture, released another strong quarterly report last week, but its stock has plunged more than 13...The Motley Fool
Mon, Mar 3
BUZZ-PREVIEW: Best Buy seen reporting Q4 EPS, rev drop y/y
** Shares in Best Buy BBY.N down 1.7% on Monday ahead of fiscal Q4 report due out before market open on Tuesday** Wall Street sees the electronics retailer reporting adj EPS of $2.40 down almost 12% from $2.72 in year-ago quarter on rev of $13.7 bln, down more than 6% from $14.65 bln year-ago, accor...Reuters
Mon, Mar 3
US STOCKS-Wall St slips after markets weigh manufacturing data, tariffs
Intel up after report of Nvidia, Broadcom collaborationISM manufacturing PMI at 50.3 in February Indexes down: Dow 0.74%, S&P 500 0.77%, Nasdaq 1.13%Updates to 2:26 PM ETBy Johann M Cherian, Sukriti Gupta and Chibuike Oguh NEW YORK, March 3 (Reuters) - Wall Street's main stock indexes sli...Reuters
Mon, Mar 3
BUZZ-Mortgage lender UWM rises after KBW upgrades to 'outperform'
** Shares of mortgage lender UWM Holdings UWMC.N rise 3.8% to $6.52** KBW upgrades UWMC shares to "outperform" from "market perform;" raises PT to $7.50 from $6.50, a 19.4% upside to last close** Brokerage says the stock decline since Q4 earnings is overdone, adding that UWMC shares ...Reuters
Mon, Mar 3
