News
Important Only
Carvana shares tumble as fourth-quarter profit misses on higher costs
Feb 18 (Reuters) - Online used-car retailer Carvana CVNA.O missed Wall Street estimates for fourth-quarter profit on higher costs, sending the company's shares tumbling 15% after the bell on Wednesday.The miss marks a disappointing end to a stellar year for the retailer known for its iconic vehi...Reuters
12 minutes ago
Judge rejects Live Nation bid to dismiss US lawsuit claiming it monopolized live concerts
US, 39 states sue over venues, promotions, ticketingJudge lets some claims proceed toward March 2 trialTicketmaster criticized for Taylor Swift ticketing woesLive Nation sees no basis for breakup, looks forward to trialBy Jonathan Stempel NEW YORK, Feb 18 (Reuters) - A federal judge on Wednesday ...Reuters
16 minutes ago
ETF Daily | RKLX Rises 13%; SLV Rises 6%; Commodities Lead Rotation
Market OverviewU.S. equities firmed as the S&P 500 gained 0.56%, the Nasdaq Composite advanced 0.78%, and the Dow Jones Industrial Average added 0.26%. Across ETFs, price action reflected a risk-on tilt and a commodities-led rotation, with leveraged technology and small-cap products in positive terr...Tiger News
29 minutes ago
Booking Holdings beats quarterly profit estimates amid steady international travel demand
By Anshuman TripathyFeb 18 (Reuters) - Online travel agency Booking Holdings BKNG.O beat Wall Street estimates for fourth-quarter profit on Wednesday amid resilient international travel demand, sending its shares up 2% in extended trading.Demand for international travel is expected to grow, fueled ...Reuters
45 minutes ago
DoorDash forecasts upbeat quarterly order value as delivery demand stays firm
By Angela Christy M Feb 18 (Reuters) - Food delivery company DoorDash DASH.O forecast first-quarter marketplace gross order value above Wall Street estimates on Wednesday, buoyed by steady demand and aggressive expansion across grocery, retail and international markets. Shares of the company j...Reuters
59 minutes ago
EBay forecasts upbeat revenue, buys Depop to boost fashion presence
By Juby BabuFeb 18 (Reuters) - EBay Inc EBAY.O forecast first-quarter revenue above Wall Street estimates on Wednesday and announced the acquisition of fashion marketplace Depop from Etsy ETSY.N for nearly $1.2 billion, sending its shares up more than 7% in extended trading.The company has worked to...Reuters
an hour ago
FTSE Russell proposes fast-entry rule for its US indexes as large IPOs loom
Feb 18 (Reuters) - Index provider FTSE Russell on Wednesday proposed introducing a "fast-entry" mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes ahead of several large listings.The year is shaping up to be one of the busiest for...Reuters
an hour ago
Occidental Petroleum tops quarterly profit estimates on midstream support
Feb 18 (Reuters) - Occidental Petroleum OXY.N beat Wall Street expectations for fourth-quarter profit on Wednesday, as strength in its midstream unit helped the U.S. shale producer offset weaker crude oil prices.Shares of the company rose nearly 3% in extended trading.Occidental's realized oil p...Reuters
an hour ago
Blue Owl sells $1.4 billion from debt funds to pension, insurance investors
Blue Owl sells assets at 99.7% of par valueProceeds to return capital to shareholders, pay down debtSale includes loans from 128 companies across 27 industriesBy Isla Binnie NEW YORK, Feb 18 (Reuters) - Private capital firm Blue Owl Capital OWL.N, whose shares have halved over the last year, is s...Reuters
2 hours ago
Ad giant Omnicom posts upbeat quarterly revenue on boost from IPG acquisition, new clients
Omnicom announces $5 billion share buybackRecords $1.12 billion in severance and repositioning costsSecures new business, extends contracts with leading brandsBy Jaspreet Singh Feb 18 (Reuters) - Omnicom OMC.N beat analysts' estimates for fourth-quarter revenue on Wednesday thanks to strong p...Reuters
2 hours ago
Elliott presses LSEG for portfolio review, 5 billion pound buyback, source says
Feb 18 (Reuters) - Activist investor Elliott Investment Management is pressing London Stock Exchange Group LSEG.L to conduct a full review of its portfolio and launch a 5 billion pound ($6.76 billion) buyback, a person familiar with the matter said on Wednesday.This comes days after Reuters reported...Reuters
2 hours ago
Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite
Feb 18 (Reuters) - Beer maker Molson Coors TAP.N forecast a sharp drop in annual profit on Wednesday, hurt by higher aluminum tariffs and weak spending among price-sensitive consumers.Shares of the brewer fell about 6% in trading after the bell as the company also missed fourth-quarter revenue estim...Reuters
2 hours ago
US FDA reverses course, will review Moderna's flu vaccine application
Moderna's shares close up 6% Moderna to conduct post-marketing study in older adultsFDA decision expected by August 5By Mariam Sunny and Michael Erman Feb 18 (Reuters) - Moderna said on Wednesday the U.S. Food and Drug Administration changed course and will review an amended application for i...Reuters
2 hours ago
Trian's Nelson Peltz says Wendy's shares undervalued
Feb 18 (Reuters) - Activist investor Nelson Peltz said in an SEC filing on Wednesday that the fast-food chain Wendy's WEN.O stock is currently undervalued, sending its shares up as much as 18.6%.According to the filing, Peltz's Trian Fund Management has spoken with possible financing sources...Reuters
2 hours ago
Top 10 US Stock Gainers (2.18)
ImmunityBio(IBRX) rose 41.86%, with a trading turnover 615.4 Million USD, and a year-to-date rose 331.3%. Hycroft Mining(HYMC) rose 21.07%, with a trading turnover 266.4 Million USD, and a year-to-date rose 71.1%. Tactile(TCMD) rose 17.83%, with a trading turnover 62.6 Million USD, and a year-to-date rose 14%.Longport
3 hours ago
Top 10 US Stock Losers (2.18)
Nrth Dynsty Minerals(NAK) fell 39.41%, with a trading turnover 70.3 Million USD, and a year-to-date fell 37.6%. Axcelis(ACLS) fell 16.74%, with a trading turnover 413.6 Million USD, and a year-to-date rose 2.1%. Veeco Instruments(VECO) fell 14.64%, with a trading turnover 117.8 Million USD, and a year-to-date rose 2.6%.Longport
3 hours ago
Top 5 CDRs Gainers/Losers (>100M) (2.18)
GD Culture(GDC) rose 13.42%, with a trading turnover 1.3 Million USD, and a year-to-date fell 16.7%. Silvercorp Met(SVM) rose 4.42%, with a trading turnover 44.2 Million USD, and a year-to-date rose 30.2%. Troops(TROO) fell 11.69%, with a trading turnover 1.6 Million USD, and a year-to-date rose 6.3%. Vnet(VNET) fell 9.38%, with a trading turnover 225.3 Million USD, and a year-to-date rose 47.3%.Longport
3 hours ago
Top 5 US Stock Gainers/Losers (>100B) (2.18)
AppLovin(APP) rose 7.44%, with a trading turnover 2.3 Billion USD, and a year-to-date fell 40%. Shopify (SHOP) rose 7.13%, with a trading turnover 2.3 Billion USD, and a year-to-date fell 24.4%. Palo Alto Networks(PANW) fell 6.82%, with a trading turnover 4.1 Billion USD, and a year-to-date fell 17.3%. Welltower Op(WELL) fell 3.2%, with a trading turnover 743.6 Million USD, and a year-to-date rose 12.4%.Longport
3 hours ago
TRADING DAY-Wall St rally fades as European shares close at record high; crude surges on supply worries
By Stephen Culp NEW YORK, Feb 18 (Reuters) - U.S. stocks chased their European counterparts higher on Wednesday, but lost some momentum as the session progressed, while ongoing geopolitical strife helped prompt a rebound in crude and gold prices.Reports that European Central Bank President Christ...Reuters
3 hours ago
Madison Square Garden Sports shares hit record high as it explores Knicks, Rangers spinoff
NEW YORK, Feb 18 (Reuters) - Shares of Madison Square Garden Sports MSGS.N rose more than 16% to hit a record high on Wednesday after the company said it has approved a plan to explore a possible spinoff to separate its New York Knicks franchise from its New York Rangers businesses.Madison Square Ga...Reuters
3 hours ago
