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ATIF Holdings soars after tentative agreement to buy cryptocurrency exchange
** Shares of business consulting company ATIF Holdings ZBAI.O jump 39% to $15.25 after the bell** ZBAI enters into non-binding letter of intent to acquire cryptocurrency exchange Mask Global Market ** ZBAI proposes to acquire 100% equity of Mask Global through issuance of shares ** LOI stipulates a ...
Reuters
28 minutes ago
Five Point-backed WaterBridge jumps 14% in NYSE debut
Shares end debut day at $22.83, versus $20 IPO priceWaterBridge offers rare investment in water management, execs sayU.S. IPOs see resurgence amid high equity marketsBy David French, Ankita Bora and Arasu Kannagi Basil Sept 17 (Reuters) - WaterBridge Infrastructure's WBI.N shares jumped 14.2%...
Reuters
31 minutes ago
Why Grab Holdings Stock Swooned by Almost 4% Today
Key PointsA rally in the delivery specialist's shares has become overheated, one analyst believes.This is a key reason he downgraded his recommendation on its stock.10 stocks we like better than Grab › The stock of Asia-based delivery service Grab Holdings (NASDAQ: GRAB) wasn't being grabbed by scor...
The Motley Fool
42 minutes ago
Cracker Barrel down on downbeat annual revenue forecast
** Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O down about 8.8% at $45.25 in extended trading** Co expects fiscal 2026 revenue of $3.35 billion to $3.45 billion, compared with analysts' estimates of $3.52 billion, according to data compiled by LSEG** Sees adjusted EBITDA...
Reuters
49 minutes ago
Ticketing platform StubHub erases gains to close below issue price in choppy NYSE debut
By Ateev Bhandari, Pritam Biswas and Echo Wang Sept 17 (Reuters) - Shares of StubHub STUB.N rose about 8% in their New York Stock Exchange debut on Wednesday, but closed the day below their issue price as investors welcomed the ticket reseller marketplace with caution. The New York-based company&...
Reuters
an hour ago
Why Braze Stock Beat the Market Today
Key PointsThe CRM specialist was the subject of a rather upbeat analyst note.That pundit is very convinced the stock is a buy.10 stocks we like better than Braze › On a Wednesday wedged between its latest quarterly earnings release and a major customer event, Braze (NASDAQ: BRZE) had a fine day on t...
The Motley Fool
an hour ago
CANADA STOCKS-TSX inches higher as BoC and Fed cut interest rates
TSX ends up 0.02% at 29,321.66Posts a record intraday highBoC and Fed both ease by 25 basis pointsConsumer discretionary gains 0.39%By Fergal Smith Sept 17 (Reuters) - Canada's benchmark stock index ended slightly higher on Wednesday, helped by gains for consumer discretionary shares, as the ...
Reuters
an hour ago
TRADING DAY-Fed cuts, markets not sure where to look
By Jamie McGeever ORLANDO, Florida, Sept 17 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist U.S. markets gyrated sharply on Wednesday after the Fed cut interest rates by 25 basis points, and investors digested its new economic proj...
Reuters
an hour ago
US STOCKS-Wall Street ends mixed, trade choppy after Fed's rate cut, outlook
Dow up 0.57%, S&P down 0.1%, Nasdaq down 0.32%Federal Reserve cuts interest rates by 25 basis pointsFed projections show two more cuts for 2025By Abigail Summerville and Purvi Agarwal Sept 17 (Reuters) - The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the U.S...
Reuters
2 hours ago
Steelmaker Nucor falls after downbeat quarterly forecast
** Shares of steelmaker Nucor NUE.N fall 3.6% to ~$138 in extended trading** Company forecasts Q3 earnings to decrease across all three operating segments ** Expects Q3 profit to be in the range of $2.05 to $2.15 per share, vs $2.60 apiece in Q3, 2024 ** Thirteen of 17 brokerages rate the stock "...
Reuters
2 hours ago
GLOBAL MARKETS-Stocks hit fresh record high, US yields rise after Fed rate cut
Fed signals start of monetary policy easing cycleBenchmark 10-year yields rise US dollar strengthens against peersGold prices settle lower after hitting fresh peakCrude oil prices easeBy Chibuike Oguh NEW YORK, Sept 17 (Reuters) - World stocks hit a record high in choppy trading with equities Wal...
Reuters
2 hours ago
Why Nintendo Stock Got Rocked Today
Key PointsAn analyst downgraded her recommendation on the storied video game company.She's adopted a neutral stance on its future.10 stocks we like better than Nintendo › Many stock market players were avoiding pushing the on switch with Nintendo's (OTC: NTDOY) U.S.-listed equity on Wednesday.An inf...
The Motley Fool
2 hours ago
LIVE MARKETS-S&P 500 ends slightly lower after Fed meeting
Dow ends up 0.6%, Nasdaq falls 0.3%, S&P 500 off 0.1%Financials lead S&P sector gainers, tech falls mostDollar rises, gold eases 0.8%; crude slips, bitcoin off ~1%US 10-year Treasury yield rises to ~4.07%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...
Reuters
2 hours ago
EMERGING MARKETS-LatAm currencies fall despite Fed rate cut; eyes on Brazil's rate decision
LatAm stocks up 0.5%; FX up 0.1%Fed cuts rate by 25 basis pointsBrazil's rate decision due at 1730 ET Mexico begins public consultation process for USMCAArgentina's economy expands 6.3% in second quarterBy Pranav Kashyap Sept 17 (Reuters) - Most Latin American currencies faced pressur...
Reuters
2 hours ago
IonQ gains on partnership with US Department of Energy
** Shares of quantum computing firm IonQ IONQ.N up 5% to $65.41 in extended trading ** Company signs MOU with the U.S. Department of Energy (DOE) to advance the development and deployment of quantum technologies in space** IONQ says it will provide the design and execution of an orbital demonstrati...
Reuters
2 hours ago
7Rcc Spot Bitcoin And Carbon Credit Futures ETF Files S-1 Registration Statement- SEC Filing
Sept 17 (Reuters) - SEC Filing:7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF FILES S-1 REGISTRATION STATEMENT- SEC FILING7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF: ISSUES SHARES THAT TRADE ON NYSE ARCA, INC UNDER SYMBOL “BTCK”7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF: FUND CONTINUOUSLY...
Reuters
2 hours ago
StubHub slides 6% in first day of trading on NYSE
** Ticket-selling platform StubHub STUB.N erases early gains and finishes down in its NYSE debut on Weds after long-awaited IPO ** STUB opened at $25.35 vs $23.50 IPO price and traded as high as $27.89 early on. But then the stock declined sharply and ended down 6.4% at session low of $22 ...
Reuters
2 hours ago
Why Alibaba Stock Was Riding Higher on Wednesday
Key PointsThe company pulled off a successful round of capital raising.It was aiming to drum up a gross amount of $3.2 billion in funds. 10 stocks we like better than Alibaba Group › Chinese e-commerce giant Alibaba Group (NYSE: BABA) was standing tall on the stock market Wednesday. Fueled by a succ...
The Motley Fool
2 hours ago
US STOCKS-Wall Street ends mixed, trade choppy after Fed's rate cut, outlook
Federal Reserve cuts interest rates by 25 basis pointsFed projections show two more cuts for 2025Powell remarks on weak labor market By Abigail Summerville and Purvi Agarwal Sept 17 (Reuters) - The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the U.S. Federal ...
Reuters
2 hours ago
INSTANT VIEW-Fed lowers rates by a quarter of a point; Powell says was a risk management cut
NEW YORK, Sept 17 (Reuters) - The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from ...
Reuters
2 hours ago
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