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Why Cryptocurrencies Cardano, Litecoin, and Dogecoin Are Rising Today
Certain cryptocurrencies zoomed higher today as rumors swirled about the potential for new spot crypto exchange-traded funds (ETFs). Spot ETFs previously served as powerful catalysts for the largest cryptocurrencies, Bitcoin and Ethereum.As of 10:23 a.m. ET, the price of Cardano (CRYPTO: ADA) had sh...
The Motley Fool
Tue, Feb 11
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott pushes for operational changesSays co must commit to ambitious refining targetsSays board needs new independent directors Updates shares in paragraph 2, adds analyst comment and background on Elliott in paragraphs 12 and 13By Vallari Srivastava Feb 11 (Reuters) - Elliott Investment Manag...
Reuters
Tue, Feb 11
Billionaire Bill Ackman Buys Billions of Dollars' Worth of Uber Stock
I rated Uber (NYSE: UBER) as my top stock to buy in 2025, so I am not surprised to see the market realize the hidden value in Uber stock.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the...
The Motley Fool
Tue, Feb 11
DuPont forecasts better-than-expected 2025 profit on strong electronics demand
Adds details from conference call throughoutBy Seher Dareen Feb 11 (Reuters) - DuPont de Nemours DD.N on Tuesday forecast 2025 profit above Wall Street estimates on strong demand for electronics, sending shares of the industrial materials maker up nearly 7% in morning trading.A rapidly growing ma...
Reuters
Tue, Feb 11
Jerash Holdings (US) Inc reports results for the quarter ended December 31 - Earnings Summary
Jerash Holdings (US) Inc JRSH.OQ reported quarterly breakeven results per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. Wall Street...
Reuters
Tue, Feb 11
Great News for Amazon Stock Investors
Amazon (NASDAQ: AMZN) highlighted improvements in customer delivery costs, which could lead to billions in profits and cash flow.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afterno...
The Motley Fool
Tue, Feb 11
BUZZ-Cincinnati Financial rises on higher Q4 operating profit
** Insurance firm Cincinnati Financial's CINF.O shares rise up 5.9% to $143.56 in morning trading** Co reported quarterly adjusted operating profit of $3.14 per share, compared with $2.28 per share a year ago** Co's earned premiums grew 15% to $2.37 bln for the quarter ended December 31** Co...
Reuters
Tue, Feb 11
Ecolab Exceeds Estimates, Margins Rise
Ecolab (NYSE:ECL), a leader in water, hygiene, and energy technologies, recently unveiled its financial results for the fourth quarter of 2024 on February 11, 2025. The company reported an adjusted EPS of $1.81, exceeding Wall Street's forecasts of $1.80, and total revenue hit $4.0 billion, slightly...
The Motley Fool
Tue, Feb 11
Cotton rises 1% as investors await USDA's WASDE report
Feb 11 (Reuters) - ICE cotton futures rose 1% on Tuesday, helped by a lower dollar and as investors squared short positions in the run-up to a federal monthly supply-demand report from the U.S. Department of Agriculture.* Cotton contracts for March CTc1 rose 0.67 cent, or 1.01%, at 67.21 cents per l...
Reuters
Tue, Feb 11
BUZZ-Enphase Energy rises after launching expanded IQ Batteries for California
** Shares of Energy technology company Enphase Energy ENPH.O rises 3.2% at $65.09** Company announces the launch of an expanded IQ battery 5P product for new home projects in California** Company reports the IQ Battery 5P product remains fully JA12 compliant, meeting California Building Standards Co...
Reuters
Tue, Feb 11
LIVE MARKETS-US stocks slip, yields claw higher, as Powell hits Capital Hill
U.S. stock indexes slightly redUtilities weakest S&P sector; Materials lead gainersEuro STOXX 600 index up ~0.2%Dollar, bitcoin, gold slip; crude up ~1%U.S. 10-Year Treasury yield rises to ~4.54%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sh...
Reuters
Tue, Feb 11
3 Top AI Stocks That Could Crash in 2025
Generative artificial intelligence (AI) has taken Wall Street by storm since the launch of OpenAI's ChatGPT in 2022. However, more than two years on, this hype cycle is getting long in the tooth. Let's discuss why Nvidia (NASDAQ: NVDA), Tesla (NASDAQ: TSLA), and Palantir Technologies (NASDAQ: PLTR) ...
The Motley Fool
Tue, Feb 11
BUZZ-Wesco International rises on quarterly revenue beat, dividend hike
** Shares of business-to-business distributor and logistics provider Wesco International WCC.N up 2.98% at $190.89** Company reports revenue of $5.50 billion for Q4, above analysts' estimates of $5.41 billion, according to data compiled by LSEG** WCC posts adj. EPS of $3.16, below analysts' ...
Reuters
Tue, Feb 11
BUZZ-US energy firms rise on supply worries after Trump's tariffs
** S&P 500 Energy index .SPNY rises 0.2% as oil prices extend gains O/R** Brent crude futures LCOc1 up 1.2% at $76.75/barrel and U.S. West Texas Intermediate crude futures CLc1 up 1.1% at $73.16/barrel** Both contracts registered gains of close to 2% in the previous session after three consecuti...
Reuters
Tue, Feb 11
BUZZ-Inspire Medical falls on slower-than-expected sleep apnea device launch
** Sleep apnea device maker Inspire Medical Systems' shares INSP.N fall 2.9% to $175.72 in morning trade** Co late on Monday reported Q4 adj EPS of $1.15, above Wall Street est of 73 cents - data compiled by LSEG ** INSP said they have "made steady progress" toward the full launch of sl...
Reuters
Tue, Feb 11
S&P Global Revenue Surges Past Estimates
S&P Global (NYSE:SPGI), the global provider of analytics, ratings, and insights, reported its earnings for the fourth quarter on Feb. 11, 2025. The company showcased a strong performance exceeding market forecasts, particularly driven by its Ratings division’s growth. S&P Global reported an adjusted...
The Motley Fool
Tue, Feb 11
Billionaire Bill Ackman Is Buying Uber Stock. Should You?
Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer stocks and making contrarian bets.For instance, he invested in Chipotle Mexican Grill in 2016, while the burrito chain was still reeling from its E. coli crisis. That investment ha...
The Motley Fool
Tue, Feb 11
Wesco: Q4 Revenue Beats, EPS Misses
Electrical, communications, and utility distribution and supply chain services specialist Wesco International (NYSE:WCC) reported mixed fourth-quarter and full-year earnings results on Tuesday, Feb. 11. Net sales rose 0.5% year over year to $5.5 billion, surpassing analysts' consensus expectations. ...
The Motley Fool
Tue, Feb 11
BUZZ-Coca-Cola beats quarterly results estimates on strong demand
Updates** Shares of beverage maker Coca-Cola KO.N up as much as 5% at $67.64, their highest since October 25** If gains hold, stock on track for best day since November 2022** Co beats quarterly results estimates on resilient demand for its sodas and juices** Posts Q4 adj. revenue of $11.40 billion ...
Reuters
Tue, Feb 11
Coca-Cola's demand recovery, higher prices drive surprise revenue jump
Volumes rise 2% in Q4 versus 1% fall in Q3Sparkling sodas such as Fanta and Sprite drive growthForecasts annual sales growth at upper end of long-term targetExecutives expect inflationary pricing to moderate in 2025Adds comments from post-earnings call throughout, adds analyst comment in paragraph 1...
Reuters
Tue, Feb 11
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