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US STOCKS-Stocks slip in choppy trade as economic, tariff outlook eyed
Weekly jobless claims edge up to 223,000Accenture falls after flagging federal contract cancellationsDarden Restaurants climbs after earnings, outlookBy Chuck Mikolajczak NEW YORK, March 20 (Reuters) - U.S. stocks closed slightly lower on Thursday after veering between gains and losses as inv...
Reuters
Mar 20, 2025
Why Chinese Tech Stocks Alibaba, Tencent, and Futu Holdings Plunged Today
Shares of major Chinese tech and consumer stocks such as tech conglomerates Alibaba (NYSE: BABA) and Tencent (OTC: TCEHY), as well as digital online broker Futu Holdings (NASDAQ: FUTU) were all falling today. They were down 4.3%, 5.6%, and 5.2%, respectively, as of 1:49 PM ET.The across-the-board mo...
The Motley Fool
Mar 20, 2025
Why Celsius Holdings Stock Popped This Week
Shares of Celsius Holdings (NASDAQ: CELH), the beaten-down maker of energy drinks, were moving higher this week, even though there was no company-specific news.Instead, Celsius stock seemed to respond positively to news that PepsiCo (NASDAQ: PEP), which owns a minority stake in Celsius, is buying Po...
The Motley Fool
Mar 20, 2025
Bakkt jumps after quarterly revenue soars, leadership change
** Shares of crypto trading firm Bakkt BKKT.N jump as much as 41.8%; last up 14.9% at $10.70** BKKT late Tuesday reported Q4 revenue of ~$1.8 billion, a 737.9% jump from a year earlier, thanks to robust demand for its crypto offerings** Company tapped Akshay Naheta to serve as its co-CEO, alongside ...
Reuters
Mar 20, 2025
Why Meta Platforms Stock Is Climbing Today
Meta Platforms (NASDAQ: META) stock is climbing higher Thursday despite a bearish backdrop for the broader market. The company's share price was up 1.1% as of 3 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 0.4%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 0.6%.Meta's valuati...
The Motley Fool
Mar 20, 2025
Jacobs' QXO acquires Beacon in first step to build $50 billion revenue powerhouse
Investing.com -- Brad Jacobs’ QXO Inc (NYSE:QXO) landed its first big fish on Thursday.After several months of back-and-forth, the shell-like QXO announced a definitive agreement to acquire Beacon R
Investing.com
Mar 20, 2025
Why HealthEquity Stock Was Sliding This Week
Over the past few days HealthEquity (NASDAQ: HQY) shares have been rather sickly. The health savings account (HSA) specialist's stock was rocked by a disappointing earnings report, and as a result its price was down by nearly 15% week to date as of mid-afternoon Thursday, according to data compiled ...
The Motley Fool
Mar 20, 2025
Apple stock falls, investors digest executive shake up
** Apple AAPL.O off ~1.2% as broad market turns lower again ** Investors also digesting Bloomberg report that Apple is reorganizing its exec team to refocus AI efforts** The dip in AAPL underperformed the S&P 500's .SPX 0.27% decline on Thur** Mike Rockwell, VP of Vision Products, now leads ...
Reuters
Mar 20, 2025
US STOCKS-Wall St dips in choppy trade as economy, tariff outlook assessed
Weekly jobless claims edge up to 223,000Accenture falls after flagging federal contract cancellationsDarden Restaurants climbs after earnings, outlookIndexes down: Dow 0.02%, S&P 500 0.2%, Nasdaq 0.32%By Chuck Mikolajczak NEW YORK, March 20 (Reuters) - U.S. stocks seesawed between gains a...
Reuters
Mar 20, 2025
KeyBanc cuts rating, targets on leisure products over consumer spending concerns
Investing.com --KeyBanc cut rating, lowered its estimates and price targets for several leisure product companies amid a muted retail demand and ongoing macro pressures. Brokerage downgraded Thor In
Investing.com
Mar 20, 2025
GLOBAL MARKETS-US stocks turn lower, dollar gains as markets parse central bank cautions
U.S. jobless claims subdued, home sales strongUkraine attack on Russian airfield boosts crude pricesEuropean stocks soften as central banks flag concernsPBOC, BoE and Riksbank hold rates, Switzerland cutsBy Stephen Culp NEW YORK, March 20 (Reuters) - U.S. stocks turned lower and the dollar streng...
Reuters
Mar 20, 2025
Insurance broker TWFG slides after annual margin forecast disappoints
** Shares of insurance broker TWFG TWFG.O fall as much as 10%, last down 6.7% at $29.86** TWFG late Wednesday reported Q4 results and unveiled its 2025 outlook** BMO says TWFG's 2025 adj EBITDA margin forecast was well below expectations** Adds that investors will be looking for clues on how gro...
Reuters
Mar 20, 2025
JPM upgrades Freeport-McMoRan on upside from tariff and supply tightness
Investing.com -- JP Morgan upgraded Freeport-McMoRan (NYSE:FCX) to Overweight from Neutral, citing upside potential from possible US copper tariffs and long-term supply challenges. The firm raised its
Investing.com
Mar 20, 2025
Why Sportradar Stock Rocketed Higher This Week
Shares of sports data and technology provider Sportradar (NASDAQ: SRAD) were up 10% this week as of 2:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.Sportradar reported fourth-quarter earnings on Wednesday, wherein revenue and cash from operations grew by 26% an...
The Motley Fool
Mar 20, 2025
Why Carvana Stock Is Surging Today
Carvana (NYSE: CVNA) stock is posting big gains in Thursday's trading thanks to bullish analyst coverage. The company's share price was up 4.8% as of 2:15 p.m. ET and had been up as much as 11.7% earlier in the session.Before the market opened this morning, Piper Sandler published new coverage on Ca...
The Motley Fool
Mar 20, 2025
Open Lending slides after Jefferies downgrades to 'hold'
** Shares of Open Lending LPRO.O slide 10.6% to $3.19** Jefferies downgrades lending platform to "hold" from "buy"; cuts PT to $3.70 from $8, which is still a 3.6% upside to stock's last close** Brokerage cites ongoing uncertainties and challenging conditions behind the downgrade...
Reuters
Mar 20, 2025
Designer Brands (DBI) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Designer Brands (NYSE: DBI)Q4 2024 Earnings CallMar 20, 2025, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the Designer Brands Inc. fourth-quarter 2024 earnings call. [Operator instr...
The Motley Fool
Mar 20, 2025
Street View: Williams-Sonoma's strong results tempered by margin forecast
** Pottery Barn parent Williams-Sonoma WSM.N warned on Wednesday that Trump administration's tariffs on China, Canada and Mexico, as well as on steel and aluminum, would weigh on its fiscal 2025 margin.** Five of 25 brokerages rate the stock "buy" or higher, 17 "hold" and 3 "...
Reuters
Mar 20, 2025
Windtree Therapeutics rises on licensing deal for birth control vaginal gel
** Shares of biotechnology firm Windtree Therapeutics WINT.O rise 27.8% to $2.16 in afternoon trading** WINT says it has entered into a licensing deal with Evofem Biosciences EVFM.PK for its birth control vaginal gel, Phexxi ** WINT will serve as the sourcing partner to Evofem and aims to produc...
Reuters
Mar 20, 2025
LIVE MARKETS-How wide can high yield spreads go?
Wall Street turns red, Nasdaq down most, Dow falls leastEnergy is top S&P sector gainer; tech is off mostDollar jumps; crude up 1.7%; gold dips; bitcoin off ~1.5%US 10-Year Treasury yield edges down to ~4.24%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...
Reuters
Mar 20, 2025
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