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U.S. STOCKS ON THE MOVE-Motorola, Uber, Cytokinetics
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes rose on Friday, putting the S&P 500 on track for its longest winning streak in over 20 years, as upbeat payrolls d...Reuters
May 2, 2025
LIVE MARKETS-S&P 500 negative-to-positive outlook ratio so far in line with yr ago
Main US indexes all up >1%, Nasdaq leads with ~1.7% rallyAll S&P 500 sectors green; Comm Svcs out frontDollar, gold slip; crude off 1.7%; bitcoin up ~1%US 10-Year Treasury yield jumps to ~4.32%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can s...Reuters
May 2, 2025
Why Shares of Motorola Solutions Sank Today
Shares of public safety technology provider Motorola Solutions (NYSE: MSI) were down 7% as of 12:45 p.m. ET on Friday.While Motorola grew revenue by 6% and earnings per share by 13% -- easily beating analysts' expectations -- management's soft guidance for the upcoming quarter spooked the market.Whe...The Motley Fool
May 2, 2025
Here's Why Wolfspeed Stock Is Soaring Today
Shares of industrial outfit Wolfspeed (NYSE: WOLF) are ending a raucous trading week as wildly as they started it, rallying again on Friday to overcome Tuesday's sizable pullback from the prior week's explosive gains. As of 12:56 p.m. ET, the stock is up 23%, in fact, or 35% above last Friday's clos...The Motley Fool
May 2, 2025
Why Block Stock Is Crashing Today
Shares of Block (NYSE: XYZ) are falling on Friday. The stock dropped 20.7% as of 12:55 p.m. ET and was down as much as 24.3% earlier in the day. The move comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 1.5% and 1.8%, respectively.A big miss for BlockBlock repo...The Motley Fool
May 2, 2025
EnQuest bows out of Serica deal as market jitters hinder agreement on terms
May 2 (Reuters) - North Sea-focused oil producer EnQuest ENQ.L will not make an offer for UK's Serica Energy SQZ.L, the companies said on Friday, as the two could not agree on favourable terms in time amid market volatility. EnQuest shares were down about 5% at 13.14 pence, while Serica shares w...Reuters
May 2, 2025
Palantir Stock Is Flying Higher Today -- Should You Buy This Red-Hot AI Stock Before May 5?
Shares of Palantir (NASDAQ: PLTR) are rising on Friday. The company's stock gained 5.8% as of 12:14 p.m. ET but gained as much as 6.9% earlier in the day. The leg up came as the S&P 500 gained 1.3% and the Nasdaq Composite lost 1.6% on the day.Shares of the artificial intelligence or AI-powered anal...The Motley Fool
May 2, 2025
Prio's purchase of Peregrino field to boost its oil output by 60,000 bpd
By Fabio Teixeira RIO DE JANEIRO, May 2 (Reuters) - Brazilian company Prio's PRIO3.SA acquisition of a 60% stake in the Peregrino oil field from Equinor EQNR.OL is set to boost the production of the independent oil firm by 60,000 barrels per day (bpd), a Prio spokesperson told Reuters.The fir...Reuters
May 2, 2025
LIVE MARKETS-Individual investor bears climb - AAII
Main US indexes all up >1%, Nasdaq leads with ~1.9% rallyAll S&P 500 sectors green; Comm Svcs out frontEuro STOXX 600 index rises ~1.7%Dollar, gold slip; crude off >1%; bitcoin up >1%US 10-Year Treasury yield jumps to ~4.33%Welcome to the home for real-time coverage of markets brought t...Reuters
May 2, 2025
Cytokinetics tumbles as FDA delays heart drug review by 3 months
** Shares of drug developer Cytokinetics CYTK.O fall 15% to $36.52** Late on Thursday, co said that the US FDA has extended the review date for its marketing application of heart disease drug aficamten to Dec. 26** Stock set for biggest single-day percentage drop in nearly a year, if losses hold ...Reuters
May 2, 2025
Natgas companies gain on lower output, higher demand
** Shares of U.S. natural gas companies up, tracking rise in natgas futures NGA/** U.S. natgas futures NGc1 up 3.3% at $3.60 per million British thermal units, putting the contract on track for its highest close since April 10** Natural gas prices climb more than 2% to a three-week high on a drop in...Reuters
May 2, 2025
Why Hertz Stock Soared 73% in April
Shares of Hertz Global Holdings (NASDAQ: HTZ) were skyrocketing last month on news that billionaire Bill Ackman, head of Pershing Square Capital Management, had taken a 19.8% stake in the car rental company and longtime laggard on the stock market.Ackman explained his rationale in a post on X, sayin...The Motley Fool
May 2, 2025
Why Lockheed Martin Stock Popped, Then Dropped Today
Lockheed Martin (NYSE: LMT) is riding the market roller coaster on Friday.In early trading, shares of the defense giant jumped nearly 3% on a Wells Fargo report calling the new fiscal year 2026 defense budget a "big win for defense stocks."Where to invest $1,000 right now? Our analyst team just reve...The Motley Fool
May 2, 2025
Uber rises after announcing robotaxi deployment deal with Momenta
** Shares of Uber UBER.N rise 4.1% to $84.17 ** Announces partnership with autonomous driving technology company Momenta for robotaxi deployment** Momenta to introduce autonomous vehicles to the Uber platform in international markets outside the U.S. and China** First deployment will start in Europe...Reuters
May 2, 2025
Motorola slides as quarterly forecast disappoints
** Shares of telecommunication equipment company Motorola Solutions MSI.N fall 6.6% to $410.17** Late on Thursday, company forecast Q2 adj. profit per share to be between $3.32 and $3.37; analysts were expecting Q2 adj. profit of $3.47 per share, according to data compiled by LSEG** Company expects ...Reuters
May 2, 2025
Adaptive Biotechnologies rises after quarterly sales beat
** Medical device maker Adaptive Biotechnologies Corp's ADPT.O shares rise as much as 34.5% to over a year high of $9.9** Stock is set for its best day since its IPO in 2019, if gains hold** Late on Thursday, ADPT posted 25% rise in Q1 revenue to $52.44 million, beating analysts' estimates o...Reuters
May 2, 2025
Why CoreWeave Stock Rose 11% in April
Shares of CoreWeave (NASDAQ: CRWV) had a volatile April along with much of the stock market, but the recent IPO ended up with positive gains after a lackluster debut at the end of March.There wasn't much news out on CoreWeave in April, as investors await its first earnings report as a public company...The Motley Fool
May 2, 2025
FuboTV Stock Is Crashing Today. Here's Why.
The case for holding a stake in streaming television company FuboTV (NYSE: FUBO) continues to deteriorate. Shares are down to the tune of 11.3% as of 11:40 a.m. ET following this morning's release of the company's fiscal first-quarter results, which -- at best -- sent a mixed message regarding the c...The Motley Fool
May 2, 2025
US STOCKS-Wall Street climbs on strong jobs data, tariff optimism
Indexes up: Dow 0.87%, S&P 500 1.07%, Nasdaq 1.24%April nonfarm payrolls beat estimates Apple slips as tariff costs weigh By Sruthi Shankar and Purvi Agarwal May 2 (Reuters) - U.S. stock indexes rose on Friday, putting the S&P 500 on track for its longest winning streak in over 20 years,...Reuters
May 2, 2025
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