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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
Teva Pharmaceutical Industries (TEVA) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Teva Pharmaceutical Industries (NYSE: TEVA)Q4 2024 Earnings CallJan 29, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, and welcome to the fourth quarter and full year 2024 Teva Pharmaceutical Indu...The Motley Fool
Jan 29, 2025
Progressive Surpasses Q4 Expectations
Progressive (NYSE:PGR), known for its significant presence in the auto insurance industry, released its fourth-quarter results on Jan. 29. The company reported diluted earnings per share (EPS) of $4.01, which exceeded analysts' consensus expectations of $3.57. Revenue stood at $19.144 billion, likew...The Motley Fool
Jan 29, 2025
BUZZ-Zentalis Pharma tumbles on cancer drug durability concerns
** Shares of drug developer Zentalis Pharmaceuticals ZNTL.O fall ~19% to $1.94 ** ZNTL says its experimental cancer drug, azenosertib, works better than current treatments in ovarian cancer patients who have previously been treated with platinum-based chemotherapy and whose cancer has become resista...Reuters
Jan 29, 2025
Nvidia Is Sinking Again Today. Is This Your Chance to Buy the Artificial Intelligence (AI) Leader's Stock?
Shares of Nvidia (NASDAQ: NVDA) are seeing another round of big sell-offs in Wednesday's trading. The stock was down 5.9% as of 1:26 p.m. ET today amid the backdrop of a 0.5% decline for the S&P 500 index and a 0.8% pullback for the Nasdaq Composite index.Nvidia stock is losing ground today amid mul...The Motley Fool
Jan 29, 2025
BUZZ-Railroad operator Norfolk Southern up after Q4 profit beat
Updates** Shares of railroad operator Norfolk Southern Corp NSC.N up 2.9% at $259.50 ** Co's Q4 profit beats estimates, helped by cost cuts implemented to improve margins and better-than-expected insurance recoveries related to a costly derailment** Posts Q4 adj profit of $3.04 per share, above ...Reuters
Jan 29, 2025
BUZZ-U.S. STOCKS ON THE MOVE-Signing Day Sports, Merchants Bancorp, Stride
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq slipped on Wednesday, as losses in tech heavyweights Apple and Nvidia pressured broader gains and cautious inve...Reuters
Jan 29, 2025
BUZZ-Transcat down after Oppenheimer downgrade on dour annual forecast
** Shares of calibration service provider Transcat TRNS.O down as much as 8.5% to $79.19 ** Brokerage Oppenheimer downgrades stock to "perform" from "outperform", removes PT** Company posted Q3 results below expectations and lowered FY25 organic service growth forecast after market c...Reuters
Jan 29, 2025
BUZZ-PREVIEW: Microsoft eases with rest of tech; results due after the bell
** Shares of Microsoft MSFT.O were down 1% in early afternoon trading Wed along with other big tech stocks, ahead of Q2 results due after the closing bell** Shares of Microsoft, which has a partnership with U.S.-based OpenAI, fell sharply on Mon in a broad tech selloff sparked by the recent populari...Reuters
Jan 29, 2025
General Dynamics (GD) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.General Dynamics (NYSE: GD)Q4 2024 Earnings CallJan 29, 2025, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the General Dynamics fourth-quarter and full-year 2024 earnings conferen...The Motley Fool
Jan 29, 2025
