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Commodities
China's DeepSeek says advanced AI reasoning model currently unavailable
March 10 (Reuters) - China's DeepSeek said on Monday its advanced R1 artificial intelligence reasoning model was facing an outage, affecting its application programming interface (API) and web chat service.API are strings of code that enable standardized communication, exchange of data and funct...Reuters
Mon, Mar 10
Economic Indicator
US LNG accounts for nearly a third of Spanish gas imports so far this year
MADRID, March 10 (Reuters) - Imports of liquefied natural gas from the United States rose to 31.8% of Spain's total gas imports in January and February from just over 27% a year ago, while imports of Russian LNG declined, data showed on Monday. Europe is absorbing most U.S. LNG exports du...Reuters
Mon, Mar 10
Other
FedEx suspends some shipping services to Saudi Arabia from select countries
March 10 (Reuters) - FedEx FDX.N has suspended economy parcel and freight services to Saudi Arabia from select countries effective immediately, the company said on Monday, without giving a reason for the suspension.FedEx said its priority services remain in place. The parcel-delivery company includ...Reuters
Mon, Mar 10
Stocks
NET Power Inc reports results for the quarter ended December 31 - Earnings Summary
NET Power Inc NPWR.N reported a quarterly adjusted loss of 46 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. Wall Str...Reuters
Mon, Mar 10
Stocks
Inozyme Pharma Inc reports results for the quarter ended December 31 - Earnings Summary
Inozyme Pharma Inc INZY.OQ reported a quarterly adjusted loss of 41 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of nine analysts for the quarter was for a loss of 41 cents per share. Wal...Reuters
Mon, Mar 10
Stocks
Ambac Financial falls on planned removal from S&P SmallCap 600
** Shares of property and casualty insurer Ambac Financial AMBC.N fall as much as 7.6%; last down 5.2% at $8.91** AMBC will be removed from the S&P SmallCap 600 index effective prior to market open on March 24, S&P Dow Jones Indices announced late Friday** S&P SmallCap 600 provides inves...Reuters
Mon, Mar 10
Stocks
Why Bitcoin and Related Stocks Plunged This Weekend
Bitcoin (CRYPTO: BTC) took a steep price cut over the weekend. As measured from Friday's market close, the cryptocurrency's price was down 8.9% by 10:45 a.m. on Monday morning. The iShares Bitcoin Trust ETF (NASDAQ: IBIT) fell 8.4% over the same period.The list of affected stocks is long, digging in...The Motley Fool
Mon, Mar 10
Other
Euro zone yields edge lower as traders digest last week's tectonic shift
By Alun John LONDON, March 10 (Reuters) - Euro zone bond yields nudged down on Monday, with the mood far calmer than last week when the announcement of a paradigm shift in German fiscal policy drove the biggest weekly selloff in German debt since the 1990s. Germany's 10-year yield, DE10YT=RR ...Reuters
Mon, Mar 10
Stocks
2 Warren Buffett Dividend Stocks to Buy Hand Over Fist in March
Warren Buffett's investing skills have created enormous wealth for his investors. From 1965 through 2024, he delivered a 5,502,284% cumulative return for Berkshire Hathaway shareholders. If you're interested in building passive income, Berkshire's stock portfolio is full of outstanding businesses th...The Motley Fool
Mon, Mar 10
Stocks
LIVE MARKETS-Given tariff war, be more tactical, says Crossmark Global
Main US indexes slide; Nasdaq declines most, down ~3.5%Tech weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index off >1%Dollar slips; gold, crude dip; bitcoin off >4% US 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Mon, Mar 10
Other
US Supreme Court upholds IBM win in $1.6 bln software contract case
By Blake Brittain March 10 - The U.S. Supreme Court on Monday declined to take up a contract dispute between IBM IBM.N and rival BMC Software that previously resulted in a $1.6 billion judgment for BMC.BMC had asked the justices to reconsider a U.S. appeals court's decision that overturned it...Reuters
Mon, Mar 10
Stocks
Why Shares of Alphabet (Google), Taiwan Semiconductor, and Oracle Are Falling Today
Shares of major tech and artificial intelligence (AI) stocks are falling today, as fears over slower economic growth and President Donald Trump's tariffs continue to take center stage. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has now fallen into correction territory and is down roughly 11.8% since ...The Motley Fool
Mon, Mar 10
Commodities
US Cash Grains-Corn basis flat-up on thin selling by farmers
CHICAGO, March 10 (Reuters) - Spot basis bids for corn were steady to stronger at Midwestern grain elevators, processors and river terminals on Monday, as some buyers sought to encourage more selling from reluctant farmers, brokers said.* Soybean basis bids were mixed at elevators and processing loc...Reuters
Mon, Mar 10
Stocks
Rocket Companies to buy real estate firm Redfin in $1.75 billion deal
By Nathan GomesMarch 10 (Reuters) - Rocket Companies RKT.N said on Monday it would acquire real estate listing platform Redfin RDFN.O in an all-stock deal valued at $1.75 billion, seeking to boost its lending business.Rocket's $12.50 per share offer equates to a near 115% premium to Redfin's...Reuters
Mon, Mar 10
Economic Indicator
US insurance stocks retreated 3% last week amid Wall Street’s worst weekly performance since September
By Carlos PallordetMarch 10 - (The Insurer) - The North American insurance composite, compiled by Stonybrook Capital and Weild & Co, fell 2.9% in the week to Friday, with all but one of the 12 industry groups in the composite ending in negative territory.The S&P 500 index closed the week dow...Reuters
Mon, Mar 10
Commodities
CERAWEEK-Chevron CEO urges lasting US energy policy, not extreme swings
CEO seeks consistency as company has allocated capital long termPermits for energy projects an example that needs legislation - CEO Trump's policy reversals impact Chevron's operations in VenezuelaChevron to increase Gulf of Mexico output to 300,000 bpdIts Permian growth to plateau after hit...Reuters
Mon, Mar 10
Other
Former Magellan Diagnostics CEO pleads guilty over lead-test device defect
By Nate Raymond March 10 (Reuters) - The former CEO of Magellan Diagnostics pleaded guilty on Monday to a criminal charge related to a malfunction in the company's lead-testing devices that produced inaccurately low results for tens of thousands of patients.Amy Winslow was the last of three f...Reuters
Mon, Mar 10
Stocks
Prelude Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
Prelude Therapeutics Inc PRLD.OQ reported a quarterly adjusted loss of 38 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -46 cents. The mean expectation of four analysts for the quarter was for a loss of 46 cents per sha...Reuters
Mon, Mar 10
