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UniFirst falls after Cintas terminates deal talks
** Shares of uniform supplier UniFirstUNF.N fall 10.4% to $177 after the bell** Uniform rental firm Cintas CTAS.O has terminated discussions with UNF for potential takeover** CTAS says it and UNF were unable to have substantive engagement regarding key transaction terms** UNF in January had rebuffe...Reuters
Mar 24, 2025
LIVE MARKETS-US stocks end sharply higher; Tesla jumps
S&P 500, Dow both end up >1%, Nasdaq rallies more than 2%Cons Disc leads S&P sector gainers; Utilities edge red at closeDollar up; crude up >1%; bitcoin rallies ~4%; gold dipsUS 10-Year Treasury yield jumps to ~4.34%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Mar 24, 2025
EMERGING MARKETS-Latin American currencies mixed, stocks slip with tariff deadline in sight
Latam stock index down 0.7%, FX flatMexico central bank rate decision on ThursdayChile central bank raises 2025 GDP growth estimateTrump hints 25% tariff on countries that buy Venezuelan oil, gasArgentina stock market closed for public holidayBy Shashwat Chauhan and Lisa Pauline Mattackal March 2...Reuters
Mar 24, 2025
US STOCKS-S&P 500 ends sharply higher; Nvidia and Tesla rally
S&P March flash Composite PMI at 53.5 vs 51.6 in FebLockheed Martin drops after brokerage downgradeCrypto stocks gain as bitcoin ralliesBy Noel Randewich March 24 (Reuters) - The S&P 500 rose sharply to end at its highest in over two weeks on Monday, lifted by Nvidia and Tesla following s...Reuters
Mar 24, 2025
COLUMN-Foreign demand for US assets might not be dead yet: McGeever
By Jamie McGeeverORLANDO, Florida, March 24 (Reuters) - As the first quarter draws to a close, financial markets are at a crossroads. We could be seeing the early stages of a tectonic shift in global investment flows, with a dramatic decline in demand for U.S. assets from abroad. But it's also p...Reuters
Mar 24, 2025
Krispy Kreme gains as it announces Brazil franchise expansion
** Krispy Kreme's DNUT.O stock up 1% to $5.55 as donut chain announced its official franchise launch in Brazil** "The Company will open its first shop through a minority interest joint venture with Ipiranga's AmPm in the busy Avenida Juscelino Kubitschek neighborhood in São Paulo in late...Reuters
Mar 24, 2025
Why Semiconductor Stocks Like Taiwan Semiconductor Manufacturing, Advanced Micro Devices, and Monolithic Power Rallied Today
Shares of semiconductor heavyweights Taiwan Semiconductor Manufacturing (NYSE: TSM), Advanced Micro Devices (NASDAQ: AMD), and Monolithic Power Systems (NASDAQ: MPWR) were rallying today, up 2.7%, 7.4%, and 6%, respectively, as of 2:21 p.m. ET.The across-the-board gains were likely in response to re...The Motley Fool
Mar 24, 2025
Why Intuitive Machines Stock Is Skyrocketing Today
Intuitive Machines (NASDAQ: LUNR) stock is surging Monday following the company's recent quarterly results. The space-tech specialist's share price was up 27% as of 3 p.m. ET.Intuitive Machines published its Q4 report before the market opened this morning, and investors liked what the company had to...The Motley Fool
Mar 24, 2025
Coherent, Lumentum rise following Raymond James upgrade on growing AI demand
** Shares of Coherent COHR.N and Lumentum LITE.O rise on Mon after Raymond James upgrades both firms to 'strong buy' from 'outperform', citing increased demand amid artificial-intelligence expansion** COHR's shares up 12.6% at $76.84, and LITE's stock up 8.9% to $72.57 in aft...Reuters
Mar 24, 2025
Why Tesla Stock Is Skyrocketing Today
Tesla (NASDAQ: TSLA) stock is seeing strong gains in Monday's trading. The company's share price was up 10.3% as of 2:30 p.m. ET amid the backdrop of a 1.4% gain for the S&P 500 and a 1.9% gain for the Nasdaq Composite.On the heels of recent sell-offs, Tesla's valuation is seeing rebound momentum to...The Motley Fool
Mar 24, 2025
Is Accenture Stock Going to $364? 1 Wall Street Analyst Thinks So.
At times, an analyst's price target cut can be a bit deceiving. The move doesn't necessarily mean the pundit has turned bearish on the affected stock. Often, it's more of an adjustment that leaves the basic investment thesis intact.That was the dynamic behind a recent fair-value assessment chop to s...The Motley Fool
Mar 24, 2025
Why Palantir Technologies Stock Rallied on Monday
Palantir Technologies (NASDAQ: PLTR) stock charged higher on Monday, climbing as much as 7.1%. As of 2:03 p.m. ET, the stock was still up 5%.The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was its addition to an elite group of stocks.Start Your Morn...The Motley Fool
Mar 24, 2025
Trump said he may give countries, sectors breaks on tariffs
March 24 (Reuters) - President Donald Trump said on Monday that he may give a "lot of countries" breaks on tariffs and that he plans to announce more tariffs on automobiles in the next few days. "We'll be announcing some additional tariffs over the next few days, having to do with au...Reuters
Mar 24, 2025
Citi questions growth outlook as ASX-listed James Hardie cements AZEK buyout
** ASX-listed fiber cement maker James Hardie Industries JHX.AX announces deal to buy U.S. artificial decking maker AZEK AZEK.N in deal priced at $8.75 billion** Citi acknowledges strategic logic of acquisition but questions organic product development growth outlook and timing of deal** Acquisition...Reuters
Mar 24, 2025
GLOBAL MARKETS-Stocks rally, U.S. Treasury yields climb on tariff optimism
Major U.S. indexes up more than 1%Reports suggest Trump tariffs may be targetedBostic sees only one Fed cut this yearBy Chuck Mikolajczak NEW YORK, March 24 (Reuters) - Global stocks rallied on Monday, powered by gains in U.S. stocks, while U.S. Treasury yields climbed after reports that Presiden...Reuters
Mar 24, 2025
US STOCKS-S&P 500 jumps to two-week high; Nvidia and Tesla rally
S&P March flash Composite PMI at 53.5 vs 51.6 in FebLockheed Martin drops after brokerage downgradeCrypto stocks gain as bitcoin ralliesS&P 500 +1.49%, Nasdaq +1.95%, Dow +1.12%By Johann M Cherian and Noel Randewich March 24 (Reuters) - The S&P 500 rallied to its highest in two weeks ...Reuters
Mar 24, 2025
PREVIEW: McCormick & Co shares dip; Q1 EPS, revenue seen rising slightly
** Shares in spice and condiments co McCormick & Co MKC.N slip 0.3%; due to report fiscal Q1 results early on Tuesday** Wall St sees MKC reporting adj. EPS of $0.64 vs $0.63 in year-ago quarter on revenue of $1.61 bln vs $1.60 bln year-ago, according to LSEG ** In last 8 quarters, EPS met or b...Reuters
Mar 24, 2025
Robinhood rises after Reuters report of Massachusetts probe into co's prediction marketplace
** Shares of retail trading platform Robinhood HOOD.O rise 8.1% to $47.96 ** Massachusetts' top securities regulator is investigating HOOD's decision to launch a prediction-markets hub for betting on events like March Madness, Reuters reports** Event contracts let traders bet on specific ou...Reuters
Mar 24, 2025
DNA testing firm 23andMe files for bankruptcy as demand dries up
Co-founder Wojcicki quits after multiple failed buyout bids, plans to make another offerCompany gets financing commitment of up to $35 million23andMe's market value peaked at $6 billion in 2021California AG last week urged customers to delete genetic data By Bhanvi Satija, Anusha Shah and Surbhi...Reuters
Mar 24, 2025
Dayforce well-positioned for Canadian government opportunity, says TD Cowen
Investing.com -- TD Cowen said it has greater confidence in Dayforce Inc (NYSE:DAY) ability to outperform consensus mid-term free cash flow margin expectations and secure a key contract with the goverInvesting.com
Mar 24, 2025
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