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US STOCKS-Wall St slips as Alphabet, AMD forecasts fan AI payoff concerns
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.FMC plunges on lower quarterly revenue forecastUber declines after guiding Q1 bookings below estimatesIndexes down: Dow 0.29%, S&P 500 0.42%, Nasdaq 0.71%Updates after markets openBy Shashw...Reuters
Feb 5, 2025
BUZZ-Pot firm Aurora Cannabis jumps after it returns to profit in Q3
** Shares of pot firm Aurora Cannabis ACB.TO soar 41% to C$7.45** Co posts Q3 profit compared to a year-ago-loss, helped by strong performance at its global medical cannabis business** Posts Q3 net income from continuing operations of $31.2 mln compared to a year-ago loss of $17.1 mln** ACB's Q3...Reuters
Feb 5, 2025
H&R Block Revenue Flat, Costs Up
H&R Block (NYSE:HRB), a leading tax preparation company, released its earnings for the second quarter of fiscal 2025 on Feb. 4, 2025. The company's key announcement was its flat revenue at $179.1 million, which fell short of the $182 million expectation. Analysts were also disappointed by the adjust...The Motley Fool
Feb 5, 2025
BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Fiserv, Old Dominion
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 for a lower open on Wednesday, with the tech-heavy Nasdaq on track to lead losses following disappoint...Reuters
Feb 5, 2025
BUZZ-Gold miners up as bullion prices edge higher
Updates** Shares of gold miners up as bullion prices continue their record run GOL/** Spot gold XAU= up 1.9% at $2,875.49/ounce, after hitting a record high of $2,877/ounce earlier in the session** Gold prices rose as investors sought the safe-haven asset amid escalating concerns about the U.S.-Chin...Reuters
Feb 5, 2025
Bio-Techne Corp reports results for the quarter ended December 31 - Earnings Summary
Bio-Techne Corp TECH.OQ reported quarterly adjusted earnings of 42 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 39 cents per share...Reuters
Feb 5, 2025
Harley-Davidson Inc reports results for the quarter ended December 31 - Earnings Summary
Harley-Davidson Inc HOG.N reported a quarterly adjusted loss of 93 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 66 cents per share. W...Reuters
Feb 5, 2025
BUZZ-Street View: Enphase Energy to face weak demand in 2025 despite upbeat Q1 forecast
Updates** Solar inverter maker Enphase Energy ENPH.O forecast Q1 revenue above market estimates on Tuesday, after robust demand helped it post a better-than-expected Q4 operating profit ** Fifteen of 39 brokerages rate the stock "buy" or higher, 21 "hold" and 3 "sell" or l...Reuters
Feb 5, 2025
BUZZ-UnitedHealth dips after Bill Ackman says he would short in now-deleted post on X
** Shares of healthcare conglomerate UnitedHealth UNH.N fall 2.65% to $530.97** Billionaire investor Bill Ackman, in a now-deleted post on social media platform X, said he would take a short position if he "still shorted stocks", referring to UNH's health insurance unit, UnitedHealthcare...Reuters
Feb 5, 2025
Uber's lower-than-expected bookings forecast, Q4 profit miss drag down shares
Updates shares in paragraph 1, adds investor comment, details and executive commentsBy Akash Sriram Feb 5 (Reuters) - Uber Technologies UBER.N on Wednesday forecast first-quarter bookings short of estimates due to a strong dollar after it reported a profit miss in the October-December period, sen...Reuters
Feb 5, 2025
BUZZ-Workday rises on job cuts plan
** Shares of human resources software provider Workday WDAY.O rise 3.4% to $268.66 in morning trading ** WDAY will cut about 1,750 positions, or 8.5% of its current workforce** Co expects to incur around $230 million to $270 million in charges connected to the cost reduction plan** WDAY says it expe...Reuters
Feb 5, 2025
Why Opendoor Stock Fell 14% in January
Opendoor Technologies (NASDAQ: OPEN) stock fell 14% in January according to data provided by S&P Global Market Intelligence. The real estate market has stayed stubbornly challenging, and Opendoor isn't likely to demonstrate strong progress until the market changes.A great idea for a different timeOp...The Motley Fool
Feb 5, 2025
BUZZ-EyePoint Pharma rises on eye disease drug trial data
** Shares of drugmaker EyePoint Pharmaceuticals EYPT.O rise ~11% to $8.47** EYPT says its drug, Duravyu, met the main goal in mid-stage trial for the treatment of diabetic macular edema, a condition where fluid builds up in the central part of the retina due to damaged blood vessels** The main goal ...Reuters
Feb 5, 2025
Old Dominion Exceeds Expectations in Q4
Old Dominion Freight Line (NASDAQ:ODFL), a leading less-than-truckload (LTL) carrier, reported Q4 2024 earnings on Wednesday, Feb. 5, that topped Wall Street's consensus estimates. EPS of $1.23 surpassed the forecast of $1.16. Revenue slightly exceeded expectations at $1.39 billion, compared to the ...The Motley Fool
Feb 5, 2025
LIVE MARKETS-Main US indexes modestly red, but yields take a tumble
Main US indexes modestly lower; Nasdaq off ~0.7% Jan ISM N-Mfg PMI 52.8 vs 54.3 estimateEuro STOXX 600 index up ~0.1%Dollar down; crude down >1%; gold rises >1%; bitcoin up >1.5%US 10-Year Treasury yield slides to ~4.42%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Feb 5, 2025
Alphabet shares fall as cloud growth concerns and AI spending rattle investors
Rewrites throughout with analyst commentaryBy Deborah Mary Sophia Feb 5 (Reuters) - Alphabet GOOGL.O shares fell 8% on Wednesday as investors balked at the Google parent's slowing cloud growth and planned $75 billion capital spending for the year, underscoring growing fears over Big Tech'...Reuters
Feb 5, 2025
South African rand firms ahead of president's address
Updates prices to reflect afternoon tradeJOHANNESBURG, Feb 5 (Reuters) - South Africa's rand gained against a weaker dollar on Wednesday, as investors awaited President Cyril Ramaphosa's national address on Thursday and closely watched developments between the U.S. and China in their dispute...Reuters
Feb 5, 2025
Michael Kors-owner Capri's bleak forecast signals slow luxury demand recovery
Sales of Michael Kors, Versace and Jimmy Choo fall in Q3Logs Q3 adj. profit of 45 cents/share vs est. of 66 centsShares tumble about 14%Adds analyst comment in paragraph 5, CEO comment in paragraph 9; updates sharesBy Anuja Bharat Mistry Feb 5 (Reuters) - Capri Holdings CPRI.N forecast revenue fo...Reuters
Feb 5, 2025
BUZZ-Cencora rises after lifting 2025 profit forecast
** Shares of drug distributor Cencora COR.N rise 1.7% to $255.77 ** Co raises fiscal 2025 profit forecast, driven by robust demand for expensive specialty medicines** Expects 2025 adj. profit to range between $15.25 and $15.55 per share, up from previous view of $15.15 to $15.45** Reports adj. Q1 pr...Reuters
Feb 5, 2025
Johnson Controls lifts 2025 profit forecast, names new CEO
Updates share move in first paragraph Feb 5 (Reuters) - Johnson Controls International JCI.N named Joakim Weidemanis as chief executive officer and lifted its 2025 profit forecast on Wednesday, sending its shares up 13% in early trading.Weidemanis, who had previously held several leadership roles...Reuters
Feb 5, 2025
