News
Important Only
BUZZ-Tesla falls as Q4 profit margin misses estimates
** Shares of electric-vehicle maker Tesla TSLA.O fall 2.4% to $379.41 in extended trading** Company reports Q4 profit of 73 cents/shr vs est. of 76 cents/shr** Q4 gross margin stood at 16.3% vs est. of 19.03%** Tesla reports Q4 revenue of $25.71 bln, compared with est. of $27.27 bln, according to da...Reuters
Jan 29, 2025
LIVE MARKETS-US stocks dip as Fed holds steady, big earnings on deck
Main U.S. indexes end red; Nasdaq off most, down ~0.5%FOMC leaves rates unchangedDollar edges up; bitcoin up ~4%; gold dips; crude off >1%U.S. 10-Year Treasury yield slips to ~4.54%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your though...Reuters
Jan 29, 2025
BUZZ-SoHo House jumps after Third Point's Loeb unveils big stake, blasts buyout deal
Updates to market close** Shares of SoHo House SHCO.N finish up 12.5% at $8.29 on Weds after Third Point's Daniel Loeb revealed large stake and criticized buyout deal** SHCO shares register highest close since Jun 9, 2022. Trading volume of ~3.7 mln shares is about 5x the 10-DMA, per LSEG** Loeb...Reuters
Jan 29, 2025
Why Automatic Data Processing Stock Is Jumping Today
Automatic Data Processing (NASDAQ: ADP) stock is gaining ground Wednesday despite pressures from the broader market. The company's share price was up 1.7% as of 3:30 p.m. ET amid a 0.5% decline for the S&P 500 index and a 0.7% drop for the Nasdaq Composite index. The stock had been up as much as 4.5...The Motley Fool
Jan 29, 2025
Norfolk Southern Tops EPS Forecast
Norfolk Southern (NYSE:NSC), a prominent player in the freight rail industry, announced its fourth-quarter 2024 results on January 29, 2025. These results surpassed Wall Street expectations, with adjusted earnings per share (EPS) at $3.04, exceeding the forecast of $2.94. Revenue for the quarter was...The Motley Fool
Jan 29, 2025
Why Corning Stock Is Falling After an Initial Surge Today
Corning (NYSE: GLW) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m. ET, but it had been up as much as 8% earlier in the session.Corning stock jumped early thanks to better-than-expected fourth-quart...The Motley Fool
Jan 29, 2025
Microsoft beats quarterly revenue estimates
Jan 29 (Reuters) - Microsoft MSFT.O beat Wall Street estimates for quarterly revenue on Wednesday, helped by steady growth at its cloud computing unit from the tech giant's substantial investments in AI capabilities. Revenue rose 12% to $69.6 billion in the fiscal second quarter ended December, ...Reuters
Jan 29, 2025
US STOCKS-Wall Street ends down but off day's lows; Fed holds rates steady
Microsoft to report results after the bellFed holds rates steadyUpdates to closeBy Caroline Valetkevitch NEW YORK, Jan 29 (Reuters) - U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offere...Reuters
Jan 29, 2025
Why Trump Media Stock Is Soaring Today
Trump Media (NASDAQ: DJT) stock is climbing higher in Wednesday's trading despite sell-offs for the broader market. The company's share price was up 7.4% as of 3:15 p.m. ET even though the S&P 500 index was down 0.4% and the Nasdaq Composite index was down 0.6%. The stock had been up as much as 13.2...The Motley Fool
Jan 29, 2025
BUZZ-SoHo House jumps after Third Point's Loeb unveils big stake, blasts buyout deal
** Shares of SoHo House SHCO.N up 12.5% at $8.29 in Weds afternoon trading after Third Point's Daniel Loeb revealed large stake and criticized buyout deal** SHCO shares on track to close at highest levels since Nov 2023** In a regulatory filing on Weds, Loeb and his activist hedge fund Third Po...Reuters
Jan 29, 2025
Why Nvidia Stock Is Plummeting Today
Shares of Nvidia (NASDAQ: NVDA) were sinking Wednesday. The company's stock fell 6.2% as of 2:20 p.m. ET, but lost as much as 6.9% earlier in the day. The move comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.8% and 1.1%, respectively.The artificial intelligenc...The Motley Fool
Jan 29, 2025
GLOBAL MARKETS-Wall Street stocks down, Treasury yields up as Fed leaves rates unchanged
Updates to afternoon US trading, Fed statementFed leaves rates steady, drops reference to inflation 'progress'Wall Street indexes slip; Microsoft, Meta, Tesla results comingEurope hits record high after China AI-driven volatilityOil prices slide; Brent crude oil futures dipBy Lawrence Delevi...Reuters
Jan 29, 2025
Why Datadog Stock Is Sinking Today
Datadog (NASDAQ: DDOG) stock is losing ground in Wednesday's trading. The company's share price was down 4.9% as of 2:30 p.m. ET. At the same point in the day's trading, the S&P 500 index was down 0.9%, and the Nasdaq Composite index had declined 1.2%.After the market closed yesterday, Stifel publis...The Motley Fool
Jan 29, 2025
Why Alibaba Stock Is Surging Today
Shares of Alibaba Group Holding (NYSE: BABA) were flying higher on Wednesday. The company's stock gained 1.9% as of 1:50 p.m. ET, but rose as much as 5.5% earlier in the day. The move up comes as the S&P 500 (SNPINDEX: ^GSPC)and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.6% and 0.9%, respectively....The Motley Fool
Jan 29, 2025
US STOCKS-Wall Street extends losses as Fed holds rates steady
Microsoft to report results after the bellIndexes: Dow down 0.5%, S&P 500 down 0.8%, Nasdaq down 1.1%Updates to after Fed announcementBy Caroline Valetkevitch NEW YORK, Jan 29 (Reuters) - U.S. stocks added to losses on Wednesday, with the Nasdaq down more than 1%, after the Federal Reserv...Reuters
Jan 29, 2025
CORRECTED-Norfolk Southern beats profit estimates helped by cost cuts, insurance recovery
Corrects revenue figure in paragraph 8 to $3.02 billion from $3 billion. Also corrects paragraph 5 to add dropped words "excluding fuel surcharges" and paragraph 7 to add "adjusted"Jan 29 (Reuters) - U.S. railroad operator Norfolk Southern NSC.N on Wednesday posted a quarterly profit...Reuters
Jan 29, 2025
Why Teva Pharmaceutical Stock Is Sinking Today
Shares of Teva Pharmaceutical Industries (NYSE: TEVA) were slipping Wednesday. The company's stock lost 13.5% as of 1:15 p.m. ET. The leg down comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.5% and 0.9%, respectively.Teva reported earnings before trading began...The Motley Fool
Jan 29, 2025
LIVE MARKETS-S&P 500 adds to losses as Fed holds rates steady
Main U.S. indexes red; Nasdaq off most, down >1%FOMC leaves rates unchangedDollar gains; bitcoin up >1%; gold dips; crude off >1%U.S. 10-Year Treasury yield rises to ~4.58%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts ...Reuters
Jan 29, 2025
Why General Dynamics Stock Is Falling Today
General Dynamics (NYSE: GD) topped quarterly expectations, but some of the company's key business units underwhelmed. Investors were disappointed, sending General Dynamics shares down 6% at the open Wednesday and down 4% as of 1:30 p.m. ET.A subdued beatGeneral Dynamics earned $4.15 per share on sal...The Motley Fool
Jan 29, 2025
Why C3.ai Stock Is Sinking Today
C3.ai (NYSE: AI) stock is seeing sell-offs in Wednesday's trading. The software and consulting specialist's share price was down 4% as of 1:20 p.m. ET today. Meanwhile, the S&P 500 index had fallen 0.6%, and the Nasdaq Composite index was down 1%.C3.ai's valuation pullback is being driven by news su...The Motley Fool
Jan 29, 2025
