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ETF Daily | CRMX Soars 27%; AGQ Jumps 10%; NVOX Sinks 33%; Risk-Off Rotation Into Precious Metals
Market OverviewThe Dow Jones Industrial Average fell 1.66%, the S&P 500 slipped 1.04%, and the Nasdaq Composite retreated 1.13%, with all three benchmarks registering declines greater than 1% on the day.Across ETFs, inverse equity index products advanced while commodity funds tied to silver and gold...
Tiger News
18 minutes ago
China stocks open higher after holiday as investors cheer US tariff ruling
SHANGHAI, Feb 24 (Reuters) - China stocks opened higher on Tuesday, as traders returning from a nine-day holiday bid up shares across sectors from consumer electronics to machinery, betting that the U.S. Supreme Court's ruling against President Donald Trump's emergency tariffs will benefit C...
Reuters
26 minutes ago
IMAX Lights Up Chinese New Year with $28 Million at the China Box Office
Racing Blockbuster "Pegasus 3" Leads the Way with $24 Million Haul SHANGHAI and NEW YORK, Feb. 24, 2026 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) capitalized on the Chinese New Year holiday, delivering $28 million in box office during the seven-day period that stands among the peak mo...
PR Newswire
36 minutes ago
Amazon plans $12 billion Louisiana data center buildout
By Greg Bensinger SAN FRANCISCO, Feb 23 (Reuters) - Amazon AMZN.O said it expects to invest $12 billion in Louisiana as part of a plan to build data centers in the Pelican State.The Seattle-based online retailer said the data center buildout, in northwest Louisiana, will create 540 full-time ...
Reuters
41 minutes ago
Vir Biotech Catapults 58% on A $1.71 Billion Deal With Astellas
Vir Biotechnology, Inc. stock catapulted 58% in overnight trading after the small biotech company smashed Wall Street's fourth-quarter sales expectations and signed a collaboration deal with Astellas Pharma (ALPMY).The Astellas deal comes after Vir Biotechnology (VIR) reported promising first-phase ...
Tiger News
an hour ago
China leaves benchmark lending rates unchanged for ninth straight month
SHANGHAI, Feb 24 (Reuters) - China left benchmark lending rates unchanged for a ninth consecutive month in February on Tuesday.The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.0%, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.5%.Most new and outstanding loans in China are ba...
Reuters
an hour ago
GLOBAL MARKETS-Asia stocks wobble as Wall St selloff saps confidence
Japan, China markets return after holidaysWall Street hit by AI woes as uncertainty over trade policy persistsBernstein warns of crowding risks in U.S. and Asia stocks as investors chase returnsBy Gregor Stuart Hunter SINGAPORE, Feb 24 (Reuters) - Asian stock markets stuttered in early trade on T...
Reuters
an hour ago
Australia shares inch higher on mining gains, Woodside rises on better-than-expected results
Feb 24 (Reuters) - Australian shares rose on Tuesday, helped by miners and a smaller-than-expected decline in Woodside's full-year results, while risk sentiment remained muted amid uncertainty over U.S. President Donald Trump's tariff plans. The S&P/ASX 200 index .AXJO rose 0.1% to 9,038...
Reuters
an hour ago
RPT-ROI-Watch out for oil's disappearing disinflationary drag: McGeever
By Jamie McGeever ORLANDO, Florida, Feb 23 (Reuters) - Oil prices have been a consistent disinflationary force for the U.S. and global economies since mid-2024. That may be about to change.Fueled by signs of a solid upturn in economic activity at the start of the year and bubbling U.S.-Iran tensi...
Reuters
2 hours ago
JPMorgan forecasts jump in first-quarter deal fees, trading revenue
JPMorgan forecasts higher quarterly investment banking fees Jamie Dimon says will remain CEO for a few years Bank expects markets revenue to grow in first quarter Keeps expense guidance unchanged at $105 billionBy Manya Saini and Lananh Nguyen NEW YORK, Feb 23 (Reuters) - JPMorgan Chase JPM.N exp...
Reuters
2 hours ago
Post-Bell | Wall St Ends Lower By AI-Disruption Fears, Tariff Uncertainty. Novo Nordisk Tumbles 16%; IBM Plunges 13%; Tesla, Microsoft down 3%; Nvidia up 1%
01 Stock MarketWall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday's U.S. Supreme Court ruling sent investors fleeing from high-risk equities.A broad selloff sent all three major U.S. stock indexes more than 1% lower by the...
Tiger News
2 hours ago
Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix, source says
Paramount's new bid improves on the $30 per share all-cash offer — sourceWarner Bros shareholders to vote on Netflix offer on March 20Ancora Capital pressures Warner Bros to engage with ParamountBy Dawn Chmielewski Feb 23 (Reuters) - Paramount Skydance PSKY.O submitted a higher offer for Warn...
Reuters
3 hours ago
Hims & Hers forecasts first-quarter sales below estimates, shares fall
Shares fall 7% after hoursPersonalized weight-loss products generate $65 million headwind in Q1Overseas expansion to boost growth in non-weight-loss businessBy Sneha S K and Amina Niasse Feb 23 (Reuters) - Online telehealth company Hims & Hers Health HIMS.N, which sells weight-loss drugs, ho...
Reuters
3 hours ago
Software, Payments Stocks Sink After Citrini Post on AI Risks
On Monday, the "scare trade in artificial intelligence" occurred again. Due to the growing concerns about the disruptive power of artificial intelligence, the stock prices of delivery, payment and software companies dropped. IBM even suffered its most severe decline in 25 years.This incident began a...
Tiger News
3 hours ago
GLOBAL MARKETS-Stocks lower, gold settles higher as Trump's tariffs spread uncertainty
Wall Street stocks fall and gold rises on US tariff uncertaintyTrump announces 15% tariff after Supreme Court rulingInvestors try to work out winners and losers from new regimeUS Treasury yields fallOil prices settle lowerBy Chibuike Oguh and Harry Robertson NEW YORK/LONDON, Feb 23 (Reuters) - Gl...
Reuters
3 hours ago
Erie Indemnity's profit falls on $100 million charitable contribution
Feb 23 (Reuters) - Property and casualty insurer Erie Indemnity ERIE.O reported a fall in fourth-quarter profit on Monday, hit by a $100 million charitable contribution made to the Erie Insurance Foundation. Net income fell to $63.4 million, or $1.21 per diluted share, in the three months ended Dece...
Reuters
4 hours ago
Patria fully exits Brazil's Smartfit
SAO PAULO, Feb 23 (Reuters) - Brazilian investment firm Patria Investments PAX.O said on Monday it offloaded its entire stake in gym chain Smartfit SMFT3.SA in an 890 million real ($172.3 million) deal.Patria first invested in Smartfit in 2010, 11 years before the gym chain's initial public offe...
Reuters
4 hours ago
Paramount Skydance rises after report it submitted higher bid for Warner Bros
Paramount Skydance's PSKY.O shares rise 2.8% to $10.85 in extended tradingCo submits higher offer for Warner Bros Discovery WBD.O, according to a source familiar with the matterPSKY has been attempting to derail Netflix's NFLX.O deal with WBDWBD and NFLX up marginally in extended tradingWBD ...
Reuters
4 hours ago
Top 10 US Stock Losers (2.23)
Novo Nordisk AS(NVO) fell 16.43%, with a trading turnover 3.9 Billion USD, and a year-to-date fell 22.1%. GRAIL(GRAL) fell 14.3%, with a trading turnover 235.2 Million USD, and a year-to-date fell 49.7%. IBM(IBM) fell 13.15%, with a trading turnover 4.5 Billion USD, and a year-to-date fell 24.2%.
Longport
4 hours ago
Top 5 US Stock Gainers/Losers (>100B) (2.23)
Agnico Eagle Mines(AEM) rose 5.36%, with a trading turnover 637.0 Million USD, and a year-to-date rose 41.9%. Eli Lilly(LLY) rose 4.86%, with a trading turnover 5.0 Billion USD, and a year-to-date fell 1.3%. Novo Nordisk AS(NVO) fell 16.43%, with a trading turnover 3.9 Billion USD, and a year-to-date fell 22.1%. IBM(IBM) fell 13.15%, with a trading turnover 4.5 Billion USD, and a year-to-date fell 24.2%.
Longport
4 hours ago
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