News
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Stocks
Nasdaq Sell-Off: Don't Panic; Use This Strategy Instead
With the Nasdaq Composite hitting correction territory earlier this week, which is defined as at least a 10% decline from a recent high, investors may be getting worried. That's normal. In fact, there are a number of things to be nervous about in the near term. The threat of trade wars and a potenti...The Motley Fool
Wed, Mar 12
Other
As UN turns 80, it seeks to cut costs in shadow of Trump uncertainty
By Michelle Nichols UNITED NATIONS, March 12 (Reuters) - The United Nations will get a "facelift" as it turns 80 amid a cash crisis this year, seeking ways to improve efficiency and cut costs, senior U.N. officials said on Wednesday - but don't liken it to the U.S. effort by President...Reuters
Wed, Mar 12
Stocks
Sprinklr rises on upbeat annual revenue forecast, Q4 profit beat
** Shares of enterprise software company Sprinklr CXM.N gain 11.4% to $9 premarket** Co forecasts annual revenue in the range of $821.5 million and $823.5 million, higher than analysts' average estimate of $820.36 million, as per data compiled by LSEG** CXM reports adj. Q4 profit of 10 cents/sha...Reuters
Wed, Mar 12
Stocks
Handbag firm Vera Bradley falls after quarterly revenue drop
** Handbag and luggage company Vera Bradley's VRA.O shares down 21.1% to $2.14 premarket** Company's Q4 net revenue falls 24.9% to $99.96 million** Reports Q4 net loss of $1.69/shr, compared to a loss 6 cents/shr a year earlier** Company says it signed an interest purchase agreement to sell ...Reuters
Wed, Mar 12
Indices
USD steadies, undertone remains weak – Scotiabank
The US Dollar (USD) is trading a little higher overall on the session, but gains are limited and price action suggests the DXY is consolidating recent losses, rather than reversing, at this point, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, Mar 12
Other
Ukraine's Zelenskiy says 30-day ceasefire could be used to draft peace plan
KYIV, March 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Wednesday hailed a meeting between the U.S. and Ukraine this week aimed at ending Russia's invasion and said a proposed ceasefire could be used to draft a broader peace deal. The United States said on Tuesday it was res...Reuters
Wed, Mar 12
Commodities
CERAWEEK-Cheniere considering electrification to cut emissions from LNG
HOUSTON, March 12 (Reuters) - Cheniere LNG.N is considering using electric drivers in its LNG production facilities where appropriate to reduce emissions, Robert Fee, the company's senior vice president of international affairs and climate, said on Wednesday.Fee, speaking at the CERAWeek energy ...Reuters
Wed, Mar 12
Commodities
CBOT Trends-Wheat down 2-4 cents a bushel, corn and soy down 8-10 cents
CHICAGO, March 12 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday. WHEAT - Down 2 to 4 cents per bushel* Wheat futures extend a setback after the most-active contract Wv1 on ...Reuters
Wed, Mar 12
Stocks
US STOCKS-Wall St set to open higher as US inflation cools, but slowdown fears loom
Futures up: Dow 0.54%, S&P 500 1.0%, Nasdaq 1.44%Intel jumps on report TSMC pitched JV to US chipmakersFebruary CPI rises 2.8%, lower than estimatesBy Johann M Cherian and Pranav Kashyap March 12 (Reuters) - Wall Street's main indexes were set for a higher open on Wednesday after data...Reuters
Wed, Mar 12
Cryptocurrencies
Bitcoin whale switches long $BTC positions to long $ETH, rakes in millions with insider trading suspicions
The crypto whale, whose transactions were spotted by market tracker Lookonchain, has been longing Bitcoin and Ethereum since the start of March and is now sitting on over $2 million in unrealized profits after their latest transactions. On Wednesday, Lookonchain reported that the anonymous trader had converted their BTC holdings to take a bold ETH […]Cryptopolitan
Wed, Mar 12
Other
EU's Costa says bloc wants to avoid trade escalation, open to talks
BERLIN, March 12 (Reuters) - EU Council President Antonio Costa on Wednesday said the European Union was open to talking with the United States about any trade imbalances and stressed the importance of de-escalation."We need to avoid an escalation," Costa told reporters during a visit to Ber...Reuters
Wed, Mar 12
Stocks
4 Artificial Intelligence (AI) Stocks Worth Buying in the Tech Sell-Off
With the latest market sell-off hitting tech stocks much harder than any other sector, I think it's smart to start looking for bargain-buying opportunities in this area. Whether there's a trade war or not, the artificial intelligence (AI) arms race isn't going to slow down, as one company isn't goin...The Motley Fool
Wed, Mar 12
Stocks
U.S. STOCKS ON THE MOVE-Intel, Groupon, Stitch Fix
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8March 12 (Reuters) - U.S. stock index futures gained sharply on Wednesday after signs of cooling inflation offered investors some respite as they look for clues at the Federal Reserve's ...Reuters
Wed, Mar 12
Other
US corporate bond spreads hit widest in about 6 months on recession fears
By Matt TracyMarch 12 (Reuters) - The yield spreads between corporate bonds and U.S. Treasuries widened late on Tuesday to their widest level since September, pointing to mounting investor worries about recession and a global trade war. U.S. investment-grade bond spreads hit 94 basis points on Tuesd...Reuters
Wed, Mar 12
Stocks
LIVE MARKETS-US stock futures cheer cooler-than-expected CPI
US equity index futures green; Nasdaq 100 up >1.5%Feb CPI MM, YY 1%Dollar up; bitcoin, crude both up >1%; gold ~flatUS 10-Year Treasury yield rises to ~4.33%Welcome to the home for real-time coverage of markets brought to yo...Reuters
Wed, Mar 12
Other
Tennis-Pakistani player Waheed smashes record for most serves in a minute
Waheed smashes record with 59 serves in 60 secondsAchievement praised by Pakistan Tennis Federation President QureshiGuinness World Records ratified Waheed's record-breaking attemptMarch 12 - Pakistan's Talha Waheed has aced his way to a world record, smashing the mark for most tennis serves...Reuters
Wed, Mar 12
Other
UK regulatory group finds some mobile browser markets not working well for consumers
LONDON, March 12 (Reuters) - British competition regulator CMA said on Wednesday that a number of markets relating to some mobile browsers were not working well for consumers and businesses, as underlined by its independent inquiry group in a report.Reuters
Wed, Mar 12
Other
UK's CMA Concludes Competition Between Mobile Browsers "Holding Back Innovation In UK"
March 12 (Reuters) - COMPETITION AND MARKETS AUTHORITY:UK'S CMA SAYS INDEPENDENT INQUIRY GROUP FINDS THAT MOBILE BROWSER MARKETS ARE NOT WORKING WELL FOR UK BUSINESSES AND MILLIONS OF MOBILE DEVICE USERSCMA- FINAL REPORT INTO MOBILE BROWSERS AND CLOUD GAMING PUBLISHEDCMA: CONCLUDED COMPETITION B...Reuters
Wed, Mar 12
Stocks
Trump Tariffs: You Won't Believe What Top Stock Is Below Its 52-Week Low
The stock market has gotten off to a very different start to the year than most investors might have imagined. The broader benchmark S&P 500 (SNPINDEX: ^GSPC) is down close to 5%, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) has entered correction territory (as of March 11). Investors seem to hav...The Motley Fool
Wed, Mar 12
