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Rivian Spins Out Micromobility Business Into New Startup Also, Inc.
March 26 (Reuters) - Rivian Automotive Inc RIVN.O:RIVIAN SPINS OUT MICROMOBILITY BUSINESS INTO NEW STARTUP—ALSO, INC.RIVIAN AUTOMOTIVE INC - RETAINS MINORITY OWNERSHIP STAKE IN ALSORIVIAN AUTOMOTIVE INC - ALSO SECURES $105 MILLION INVESTMENT FROM ECLIPSE VENTURESRIVIAN AUTOMOTIVE INC - EXPECTS R2 DE...Reuters
Wed, Mar 26
Other
Pentagon's Hegseth texted planned time of targeted killing of Yemeni "terrorist"
WASHINGTON, March 26 (Reuters) - U.S. Defense Secretary Pete Hegseth texted the start time for a planned killing of a Houthi militant in Yemen on March 15 as well as other details of imminent waves of U.S. strikes, according to a screenshot of a text chat released by The Atlantic on Wednesday.Hegset...Reuters
Wed, Mar 26
Other
Mullen Automotive Inc As Of March 21, 2025, Mullen Has Recognized Record GAAP Quarterly Revenue Of $3.18M
March 26 (Reuters) - Mullen Automotive Inc MULN.O:MULLEN AUTOMOTIVE INC: AS OF MARCH 21, 2025, MULLEN HAS RECOGNIZED RECORD GAAP QUARTERLY REVENUE OF $3.18MMULLEN AUTOMOTIVE INC: SEES 189% INCREASE IN SECOND FISCAL QUARTER GAAP REVENUE COMPARED TO ENTIRE 2024 FISCAL YEAR GAAP REVENUEReuters
Wed, Mar 26
Stocks
Chewy Beats on "Strong" Customer Growth
Here's our initial take on Chewy's (NYSE: CHWY) fiscal 2024 fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue$2.8 billion$3.3 billion17%BeatEarnings per share$0.18$0.2856%BeatActive customers20.1 million20.5 million2%n/aNet sales per active customer (TTM)$5...The Motley Fool
Wed, Mar 26
Cryptocurrencies
First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token?
The good news just seems to keep on coming for crypto. Two US banks – Custodia and Vantage – have teamed up to produce ‘America’s first-ever bank-issued stablecoin’ called Avit, and this first US bank stablecoin could prove to be good news for other coins like Best Wallet Token. On...Bitcoinist
Wed, Mar 26
Stocks
Here's Why IBM's AI Growth Makes It a Stock to Buy Now
There are many reasons to invest in IBM (NYSE: IBM) these days. The centennial tech giant is a leading researcher in quantum computing. The stock trades at modest valuation ratios, like 18.5 times free cash flow and 21.6 times forward earnings. And Big Blue's 2.8% dividend yield is more than twice t...The Motley Fool
Wed, Mar 26
Economic Indicator
UK's Reeves: Real disposable income to grow this year at nearly twice the rate forecast in October
While delivering the Spring Budget, UK Chancellor of the Exchequer Rachel Reeves noted that they will bring forward 3.25 billion Sterling of investment to reform public services, per Reuters.
Fxstreet
Wed, Mar 26
Other
Paychex misses quarterly revenue estimates on weak client spending
March 26 (Reuters) - Paychex PAYX.O on Wednesday slightly missed Wall Street estimates for third-quarter revenue, as businesses cut back on spending for human capital management services amid economic uncertainty. Shares of the Rochester, New York-based company about 2% in premarket trading.While th...Reuters
Wed, Mar 26
Other
DIARY-Political and General News Events from March 26
March 26 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY -------...Reuters
Wed, Mar 26
Other
Nano Dimension Outlines Strategic Vision Following Desktop Metal Merger Ruling
March 26 (Reuters) - Nano Dimension Ltd 2N5By.F:NANO DIMENSION OUTLINES STRATEGIC VISION FOLLOWING DESKTOP METAL MERGER RULINGNANO DIMENSION- DISAPPOINTED WITH DECISION OF DELAWARE COURT OF CHANCERY, CONSIDERING ALL OPTIONS, RECOGNIZE THAT DEAL MAY CLOSEFurther company coverage: [2N5By.F]Reuters
Wed, Mar 26
Stocks
US STOCKS-Wall St set for muted open as investors assess tariff outlook
Futures: Dow up 0.19%, S&P 500 up 0.06%, Nasdaq down 0.07%Dollar Tree up on sale of Family Dollar businessGameStop climbs on bitcoin bet, higher Q4 profitBarclays cuts S&P 500 2025 targetBy Pranav Kashyap and Johann M Cherian March 26 (Reuters) - Wall Street's main indexes were poised...Reuters
Wed, Mar 26
