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GLOBAL MARKETS-Stocks, dollar jump as House advances Trump's tax cut plans
European stocks rise, Wall St futures higherHouse advances Trump's tax cut plans to SenateNvidia's earnings in focusBy Samuel Indyk and Rae Wee LONDON, Feb 26 (Reuters) - Global shares and the dollar rose on Wednesday after House Republicans advanced U.S. President Donald Trump's tax ...Reuters
Wed, Feb 26
Avista Corp reports results for the quarter ended December 31 - Earnings Summary
Avista Corp AVA.N reported quarterly adjusted earnings of 85 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.10. The mean expectation of five analysts for the quarter was for earnings of 86 cents per share. Wall Street ...Reuters
Wed, Feb 26
Verisk beats quarterly profit estimates on robust demand for data analytics
Feb 26 (Reuters) - Verisk Analytics VRSK.O reported a better-than-expected profit for the fourth quarter on Wednesday, driven by strong demand for its data analytics products used by insurers to assess policy risks. WHY IT'S IMPORTANTProperty and casualty (P&C) insurers have been ...Reuters
Wed, Feb 26
EXCLUSIVE-CICC to merge with Galaxy Securities to form China's No.3 brokerage, say sources
Merger to create an entity with $193 billion in total assets CICC, Galaxy merger expected to take place via share swapAnnouncement about CICC, Galaxy merger expected in coming weeksCICC, Galaxy shares rally after Reuters report Adds CICC's and Galaxy's comments in paragraph 7By Julie Z...Reuters
Wed, Feb 26
Sprott Inc reports results for the quarter ended December 31 - Earnings Summary
Sprott Inc SII.TO reported quarterly adjusted earnings of 46 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of two analysts for the quarter was for earnings of 50 cents per share. Wall Stre...Reuters
Wed, Feb 26
George Weston Ltd reports results for the quarter ended December 31 - Earnings Summary
George Weston Ltd WN.TO reported quarterly adjusted earnings of C$3.15 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of C$2.51. The mean expectation of five analysts for the quarter was for earnings of C$3.05 per share. Wall Str...Reuters
Wed, Feb 26
Should You Forget Nvidia and Buy 2 Artificial Intelligence (AI) Stocks Instead?
Nvidia (NASDAQ: NVDA) has undoubtedly been the poster child of the artificial intelligence (AI) boom. This is evidenced by its share price, which absolutely skyrocketed, rising 1,800% in the past five years. Today, Nvidia is the second most valuable enterprise on Earth.Investors who want exposure in...The Motley Fool
Wed, Feb 26
Can Peloton Stock Double by 2030?
Peloton Interactive (NASDAQ: PTON) is falling back into the good graces of the investment community. The company is steadily improving its finances, which is reducing risk. And it helps Peloton inch closer to creating a sustainable business model, something that was certainly called into question ov...The Motley Fool
Wed, Feb 26
BUZZ-AvidXchange slides after downbeat annual forecasts
** Shares of fintech firm AvidXchange AVDX.O plunge 15.4% to $7.74 premarket** AVDX forecasts FY 2025 adjusted EPS between 25 cents and 27 cents, compared with Wall Street expectations of 34 cents, according to estimates compiled by LSEG ** Co expects annual revenue between $453 million and $460 mi...Reuters
Wed, Feb 26
US STOCKS-Futures advance after Wall St selloff as Nvidia results approach
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Intuit gains after forecasting Q3 revenue above estimatesGM rises on $6 billion buyback, higher dividend planFutures up: Dow 0.28%, S&P 500 0.47%, Nasdaq 0.69%Updates with results from Lowe...Reuters
Wed, Feb 26
Munich Re shares rise 5% after maintaining FY profit target
By Rebecca DelaneyFeb 26 - (The Insurer) - Munich Re's share price rose more than 5% in Wednesday morning trading after the reinsurer maintained its full-year profit target. Chief financial officer Christoph Jurecka said on a media call that the reinsurer expected a market loss of between $3...Reuters
Wed, Feb 26
BUZZ-Ardelyx rises as China approves kidney disease drug
** Shares of drugmaker Ardelyx ARDX.O up 4.4% at $5.41 premarket** ARDX says Chinese health regulator approved its drug, tenapanor, which helps control phosphate levels in dialysis patients with chronic kidney disease who don't respond well to other treatments** Approval triggers a $5 million pa...Reuters
Wed, Feb 26
BUZZ-NRG Energy rises after Q4 profit beat
** Utility NRG Energy's NRG.N shares rise 6.4% to $109 premarket ** Co beats Q4 profit estimate, helped by lower costs and higher demand for power** Q4 adj profit of $1.56/share beats est of $1.29/share - data compiled by LSEG** Co announces agreement with GE Vernova and Kiewit to bring up to 5....Reuters
Wed, Feb 26
BUZZ-Wells Fargo cuts PTs of U.S. defense firms on budget revamp
** Wells Fargo cuts PTs of defense contractors to reflect updated industrial valuations and a lower outlook for defense manufacturing growth** Earlier this month, the Pentagon said it was directing military leaders to draw up a list of potential cuts totaling about $50 billion from the upcoming budg...Reuters
Wed, Feb 26
Better AI Stock: SoundHound AI vs. Broadcom
Artificial intelligence holds a lot of promise for investors. The technology is poised to add $15.7 trillion to the global economy by 2030, according to PwC. That's a huge opportunity, but with so many companies touting their AI chops, it's difficult to know the best places to invest your money.Two ...The Motley Fool
Wed, Feb 26
Shares of US copper miners rise on Trump tariff threats
Shares of copper miners in North America rise after President Donald Trump moved closer to imposing tariffs on imports of the red metal.Most active May copper futures on the U.S. Comex HGc4 exchange jumped 3.8% to $4.70 a pound, having touched a 8-1/2 month peak on February 13Reuters
Wed, Feb 26
POLL-S&P 500 to end 2025 up 9% from here, but Trump-related uncertainties mount
reuters://realtime/verb=Open/url=cpurl://apps.cp./cms/?pageId=stock-index-poll poll dataBy Caroline Valetkevitch NEW YORK, Feb 26 (Reuters) - The S&P 500 will finish 2025 up about 9% from now, but volatility will likely increase as a barrage of tariff announcements, job cuts and policy change...Reuters
Wed, Feb 26
CANADA STOCKS-TSX futures advance on upbeat bank earnings
Feb 26 (Reuters) - Futures for Canada's main stock index rose on Wednesday as robust earnings for National Bank of Canada boosted sentiment, while investors looked ahead to chip giant Nvidia's quarterly results. March futures on the S&P/TSX index SXFcv1 were up 0.34% at 7.25 a.m. ET (122...Reuters
Wed, Feb 26
BUZZ-Sezzle rises after lifting annual profit forecast
** Shares of buy now, pay later firm Sezzle SEZL.O up 17.3% at $341.86 in premarket trading** SEZL late Tuesday forecast FY 2025 net income per share of $13.25, higher than its earlier expectation of $12 ** Co also expects total revenue growth of 25% to 30% in FY 2025** Meanwhile, Q4 net income reac...Reuters
Wed, Feb 26
BUZZ-3M reiterates annual sales forecast; shares down
** Shares of diversified manufacturer 3M Co MMM.N down ~1% at $145.30 premarket** Co reaffirms its annual forecast of organic sales growth in the range of 2% to 3%** 3M says it would return at least $10 bln in cash to shareholders and expects operating margin to be about 25% by 2027** Stock rose 41....Reuters
Wed, Feb 26
