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Why Rivian Stock Plunged Nearly 10% Today
Shares of Rivian Automotive (NASDAQ: RIVN) plunged 9.7% shortly after 10 a.m. ET today, sinking to their lowest price so far this year. At least one analyst turned cautious about the electric vehicle (EV) maker's prospects after its weak outlook for 2025.The number that spooked Rivian investorsAnaly...The Motley Fool
Mon, Feb 24
REIT Sun Communities to sell superyacht unit to Blackstone for $5.65 billion
Adds details on deal and background throughoutBy Aatreyee DasguptaFeb 24 (Reuters) - Sun Communities SUI.N will sell its superyacht servicing business for $5.65 billion in cash, as the real estate investment trust aims to focus on its core segments and reduce debt, sending its shares up more than 5%...Reuters
Mon, Feb 24
BUZZ-Natgas firms down on milder weather forecasts
** Shares of U.S. natural gas companies fall, tracking natgas futures NGA/** U.S. natgas futures NGc1 fall 6.7% to $3.95 per million British thermal units (mmBtu). The contract surged to its highest level in more than two years last week** Natgas prices were dragged down by forecasts of milder weath...Reuters
Mon, Feb 24
BUZZ-Rivian falls after at least two brokerages cut PT
** EV maker Rivian Automotive's RIVN.O shares fall ~7.1% to $12.06 in morning trade** Brokerage Guggenheim cuts PT to $16.00 from $18.00, now a ~23.4% upside to stock's last close; BofA cuts PT to $10.00 from $13.00, now a ~22.9% downside to stock's last close ** RIVN's FY25 deliveri...Reuters
Mon, Feb 24
BUZZ-AllianceBernstein jumps as financial services firm Equitable set to boost stake
** Shares of investment management firm AllianceBernstein AB.N jump as much as 7.4%; last up 6.6% at $38.1** Financial services firm Equitable Holdings EQH.N is looking to raise its stake in AB after striking a new reinsurance deal that will unlock more than $2 billion of cash** EQH has commenced a ...Reuters
Mon, Feb 24
US insurance composite dips 0.6% week on week as Wall Street sentiment sours
By Carlos PallordetFeb 24 - (The Insurer) - The North American insurance composite compiled by Stonybrook Capital and Weild & Co moved into negative territory last week but still outperformed all major Wall Street benchmarks, which recorded significant falls.The S&P 500 declined by 1.7% whil...Reuters
Mon, Feb 24
Why Freshpet Stock Jumped Monday
Freshpet (NASDAQ: FRPT) shares are reversing course today after a sharp drop late last week. The seller of fresh and healthy pet food reported fourth-quarter and full-year earnings on Thursday and the stock tanked.But with the stock now down about 30% year to date, one Wall Street firm just said it'...The Motley Fool
Mon, Feb 24
BUZZ-NMI Holdings rises after KBW upgrades mortgage insurer on valuation
** Mortgage insurer NMI Holdings' NMIH.O shares rise 2.6% to $35.77 ** KBW upgrades NMIH to "outperform" from "market perform"; assigns a PT of $43, a 23.3% upside to stock's last close** Brokerage says the recent stock underperformance creates an attractive entry point for i...Reuters
Mon, Feb 24
BUZZ-Starbucks to eliminate 1,100 corporate roles as part of CEO's turnaround efforts; shares up
** Shares of Starbucks SBUX.O rise as much as 1.5% to $113.48** Co says it will eliminate 1,100 corporate roles as part of CEO Brian Niccol's turnaround efforts** "We are simplifying our structure, removing layers and duplication and creating smaller, more nimble teams," Niccol says** S...Reuters
Mon, Feb 24
Rule Breaker Investing: Pet Perks, Vol. 2
From spotting hidden competitive advantages in investing to rediscovering the joy in work, this episode is packed with moments that brighten our days. Motley Fool co-founder David Gardner shares fresh "pet perks" across investing, business, and life -- including seeing through dark clouds, the thril...The Motley Fool
Mon, Feb 24
Why Domino's Pizza Stock Dropped Today
Shares of pizza company Domino's Pizza (NASDAQ: DPZ) dropped on Monday morning after the company reported its completed financial results for 2024. As of 10:15 a.m. ET, Domino's Pizza stock was down a disheartening 6% and it now finds itself down nearly 20% from its 52-week high.Domino's is facing s...The Motley Fool
Mon, Feb 24
BUZZ-Bath & Body Works rises after Barclays upgrades to 'equal weight'
Updates** Bath & Body Works BBWI.N shares up 2.5% at $39.5 ** Brokerage Barclays upgrades co to "equal weight" from "underweight", raises PT to $43 from $34** New product releases including the most recent Disney Princess collaboration, as well as continued expansion of men's...Reuters
Mon, Feb 24
CANADA STOCKS-TSX falls as tech, healthcare shares weigh, US tariffs loom
Updates after markets openBy Ragini Mathur Feb 24 (Reuters) - Canada's main stock index fell on Monday, hurt by information technology and healthcare shares, as investors remained risk-averse ahead of potential U.S. tariffs. At 10:30 a.m. ET (1503 GMT), the Toronto Stock Exchange's S&...Reuters
Mon, Feb 24
US STOCKS-S&P 500, Nasdaq drop in uneven trade with Nvidia results in focus
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Nike gains after Jefferies upgrades to 'buy'Berkshire Hathaway at record high after record Q4 profitDomino's Pizza falls after missing Q4 same-store sales estimatesIndexes: Dow up 0...Reuters
Mon, Feb 24
BUZZ-Equinox Gold falls after $1.8 billion deal to buy Calibre Mining
** Shares of Canadian miner Equinox Gold EQX.TO fall 2.9% to C$9.42** Co to acquire all outstanding shares of Calibre Mining CXB.TO in an all-stock deal worth C$2.56 billion ($1.80 billion)** CXB shareholders to receive 0.31 Equinox common shares for each CXB common share held** Combined company wou...Reuters
Mon, Feb 24
Could Buying SoundHound AI Stock Set You Up for Life?
So far, 2025 has not been kind to SoundHound AI (NASDAQ: SOUN) stock. The speech recognition specialist's shares are down 45% year to date. And the pessimism intensified on Feb. 14 after Nvidia's latest 13F filing with the Securities and Exchange Commission revealed that the chip giant had sold its ...The Motley Fool
Mon, Feb 24
BUZZ-Smithfield Foods shares up after three brokerages start coverage
** Shares of pork producer Smithfield Foods SFD.O up 2% at $21.6 after three brokerages initiate coverage** UBS initiates coverage with 'buy' rating, believes market is under-appreciating SFD's integrated business model and productivity initiatives ** Morgan Stanley starts with 'over...Reuters
Mon, Feb 24
BUZZ-U.S. STOCKS ON THE MOVE-BioMarin, Azul, Sun Communities
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were set to open higher on Monday, after a sharp selloff in the previous week, while Apple dipped as the iPhone...Reuters
Mon, Feb 24
LIVE MARKETS-S&P 500, Nasdaq fall as US slowdown fears persist
US equity indexes mixed: Nasdaq down ~0.9%Healthcare leads S&P 500 gainers; Tech weakest groupEuro STOXX 600 index down ~0.3%Dollar, gold, crude edge up; bitcoin down >1%US 10-Year Treasury yield edges down to ~4.40%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
Mon, Feb 24
