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BUZZ-Cisco jumps on raising annual revenue forecast
** Network equipment maker Cisco's CSCO.O shares up ~7% at $66.88 after the bell** CSCO raises annual revenue forecast to be between $56 billion and $56.5 billion, up from an earlier projection of $55.3 billion to $56.3 billion** Analysts were expecting $55.99 billion, according to data compiled...
Reuters
Wed, Feb 12
LIVE MARKETS-Wall Street indexes close hectic day mixed
Dow ends off ~0.5%, S&P 500 dips, Nasdaq edges greenEnergy weakest S&P 500 sector; Staples lead gainersDollar, gold ~flat; bitcoin rises; crude falls >2.5%US 10-Year Treasury yield jumps to ~4.63%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo...
Reuters
Wed, Feb 12
NextTrip Inc
expected to post a loss of 17 cents a share - Earnings Preview
NextTrip Inc NTRP.OQ NTRP.O is expected to report resultson February 14 (estimated) for the period ending February 28 2025The Santa Fe New Mexico-based company is expected to report revenue of $1.625 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst es...
Reuters
Wed, Feb 12
US STOCKS-S&P 500 ends down as hot US inflation data hints at fewer rate cuts
CVS Health rises after beating profit estimatesLyft falls as Q1 bookings forecast misses estimatesJanuary CPI at 3% YoY vs 2.9% estimate Updates with market closeBy Noel Randewich and Shashwat Chauhan Feb 12 (Reuters) - The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inf...
Reuters
Wed, Feb 12
Chevron to lay off up to 20% of global workforce
Adds details, quotes, from paragraph 4By Ernest Scheyder and Sheila Dang HOUSTON, Feb 12 (Reuters) - Chevron CVX.N will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acqui...
Reuters
Wed, Feb 12
EMERGING MARKETS-Latam FX muted as investors brace for US tariffs; focus on Ukraine peace talks
Brazil's services activity posts surprise drop in DecemberIsrael calls up reservists as fears for Gaza ceasefire riseLatam oil stocks fall tracking drop in crude pricesMexico's Arca up after Q4 core earnings jumpMSCI Latam FX up 0.1%, stocks down 0.5%Updates to mid-session tradingBy Johann M...
Reuters
Wed, Feb 12
Camtek (CAMT) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Camtek (NASDAQ: CAMT)Q4 2024 Earnings CallFeb 12, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Kenny Green -- Investor Relations Ladies and gentlemen, thank you for standing by. I would like to welcome all of ...
The Motley Fool
Wed, Feb 12
Mr. Cooper Group (COOP) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Mr. Cooper Group (NASDAQ: COOP)Q4 2024 Earnings CallFeb 12, 2025, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning. Welcome to Mr. Cooper Group fourth quarter 2024 earnings conference call. [Operat...
The Motley Fool
Wed, Feb 12
Why Rumble Stock Is Falling Today
Rumble (NASDAQ: RUM) stock is slumping in Wednesday's trading. The company's share price was down 3.9% as of 3 p.m. ET and had been down as much as 5.8% earlier in the day.Rumble's valuation is moving lower in conjunction with insider selling disclosures submitted to the Securities and Exchange Comm...
The Motley Fool
Wed, Feb 12
Why Tesla Stock Is Surging Today
Tesla (NASDAQ: TSLA) stock is making big gains in Wednesday's trading. The electric vehicle (EV) company's share price was up 5.4% as of 3 p.m. ET amid the backdrop of a 0.2% decline for the S&P 500 index and a 0.1% gain for the Nasdaq Composite index.Despite pressures from higher-than-expected infl...
The Motley Fool
Wed, Feb 12
BUZZ-Intel rises after VP Vance backs US AI systems; Baird notes possible TSMC JV
Updates** Shares of Intel INTC.O extend gains on Wednesday, after a 6.1% rise in previous session; last up 6% at $22.22** U.S. Vice President JD Vance said at the AI summit in Paris on Tuesday that President Donald Trump's administration would ensure that the most powerful artificial intelligenc...
Reuters
Wed, Feb 12
Barrick aims to reopen Mali mine once it can ship gold, CEO says
Barrick lowers gold output forecast due to mine's suspensionMali's would get $550 mln in revenue this year if not for suspension - CEOCEO warns that mine cannot remain under temporary closure foreverDecision on future of mine to be made in a few weeksRewrites throughout to add CEO quotes, b...
Reuters
Wed, Feb 12
US STOCKS-S&P 500 falls as hot inflation data hints at fewer rate cuts
CVS Health rises after beating profit estimatesLyft falls as Q1 bookings forecast misses estimatesJanuary CPI at 3% YoY vs 2.9% estimate S&P 500 -0.30%, Nasdaq -0.01%, Dow -0.48%Updates with details of afternoon tradingBy Noel Randewich and Shashwat Chauhan Feb 12 (Reuters) - The S&P ...
Reuters
Wed, Feb 12
Agree Realty (ADC) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Agree Realty (NYSE: ADC)Q4 2024 Earnings CallFeb 12, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the Agree Realty fourth quarter 2024 conference call. [Operator instructio...
The Motley Fool
Wed, Feb 12
BUZZ-Upstart soars after strong annual revenue forecast
** Shares of AI-powered lending platform Upstart Holdings UPST.O jump as much as 33.6%; last up 31.1% at $88.29** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG** Company also expects to at least b...
Reuters
Wed, Feb 12
BUZZ-PREVIEW: Robinhood shares rise; results due after the bell
** Shares of Robinhood Markets HOOD.O are up more than 4% in afternoon trading Wed, with the financial services co expected to report a jump in qtrly rev in results due after the closing bell** Analysts expect co to report rev of $944.62 mln vs $471 mln in the yr-ago period, and they expect earnings...
Reuters
Wed, Feb 12
BUZZ-Tivic Health Systems rises after deal for late-stage immunotherapy drug
** Shares of medical device maker Tivic Health Systems TIVC.O more than double to 49 cents; set to record the largest single-day percentage gain** TIVC says it has acquired exclusive worldwide rights from Statera Biopharma STAB.PK to a late-stage immunotherapy drug called entolimod, which is used fo...
Reuters
Wed, Feb 12
BUZZ-U.S. STOCKS ON THE MOVE-Chefs' Warehouse, Aptose Biosciences, Electromed
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 fell on Wednesday, as a hotter-than-anticipated inflation reading added to worries that the Federal Reserve wou...
Reuters
Wed, Feb 12
BUZZ-Genmab rises on upbeat 2025 sales forecast
** U.S.-listed shares of Denmark-based drugmaker Genmab GMAB.CO, GMAB.O up 1.9% to $19.24 ** Company, which develops cancer treatments, sees 2025 sales to be in the range of $3.3 billion to $3.7 billion, banking on strong demand for its blood cancer treatment Darzalex** Analysts were expecting reven...
Reuters
Wed, Feb 12
US fourth-quarter 2024 earnings growth set to be highest in three years
By Caroline ValetkevitchNEW YORK, Feb 12 (Reuters) - S&P 500 earnings growth for the fourth quarter of 2024 is on track to be the highest since the end of 2021, according to LSEG, thanks to much stronger-than-expected results in communication services, financials and other sectors.With reports i...
Reuters
Wed, Feb 12
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