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Rivian stock slumps after BofA downgrade
Rivian Automotive Inc (NASDAQ:RIVN), the electric vehicle producer, saw shares fall 7% on Monday after BofA Securities downgraded their stock rating. In BofA's report, analyst John Murphy highlighte
Investing.com
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
BUZZ-Bristol Myers rises after FDA accepts application for combo drug for colorectal cancer
** Shares of drugmaker Bristol Myers Squibb BMY.N up 3.2% at $57.61** Co says the U.S. FDA has accepted for review its marketing application seeking approval of the combination of BMY's Opdivo plus Yervoy as a potential first-line treatment option for patients with types of colorectal cancer** T...
Reuters
Mon, Feb 24
BUZZ-Target Hospitality set for worst day on record after government cancels contract
** Shares of accommodation and hospitality service provider Target Hospitality TH.N tumble 51% to $4.50, the lowest in nearly three years and on track for worst day on record ** Co says U.S. government intends to terminate Pecos Children's Center services agreement with Target's Hospitality&...
Reuters
Mon, Feb 24
BUZZ-Wall Street bullish on insulin device maker Beta Bionics after IPO
** Wall Street brokerages start coverage of insulin device maker, Beta Bionics BBNX.O, on a bullish note as IPO research quiet period ends ** Stifel starts coverage with "buy" rating and $25 PT, a 20% upside to the stock's last close** Brokerage says the market for insulin-dependent diab...
Reuters
Mon, Feb 24
Could This Bull Market Buy Help You Become a Millionaire?
Not that it's a ton of money anymore, but for most people, building an investment portfolio up to the million-dollar mark is still a big deal... financially as well as psychologically. The keys to reaching this milestone are, of course, committing enough money to the effort, adding more funds to you...
The Motley Fool
Mon, Feb 24
EMERGING MARKETS-Latin American currencies, stocks lose ground as dollar steadies
Mexico inflation up 3.74% y/y in first half of February Azul jumps after earnings Bank of Israel keeps rates on hold MSCI Latin America FX index down 0.6%, stocks down 0.7% By Lisa Pauline Mattackal Feb 24 (Reuters) - Indexes tracking Latin American currencies and stock were on track for their wo...
Reuters
Mon, Feb 24
MicroStrategy acquires approximately 20,356 more bitcoins
Investing.com --MicroStrategy has added approximately 20,356 bitcoins to its holdings between February 18 and February 23, 2025, the company disclosed on Monday. The purchase, valued at $1.99 billion
Investing.com
Mon, Feb 24
South African rand gains amid data whirlwind
Updates prices as of 1502 GMT, adds analysts comment in paragraphs 3-4 and 7 JOHANNESBURG, Feb 24 (Reuters) - South Africa's rand strengthened on Monday after soft U.S. data and ahead of a data-packed week, as investors shrugged off the return of rolling blackouts to Africa's most industr...
Reuters
Mon, Feb 24
Domino's Pizza misses sales estimates as value meal war tempers US demand
Updates shares in paragraph 1By Juveria Tabassum Feb 24 (Reuters) - Domino's Pizza DPZ.O on Monday missed estimates for quarterly same-store sales and said the consumer environment for fast food would remain pressured in 2025 as companies double down on their value meal offerings, taking its ...
Reuters
Mon, Feb 24
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