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Stocks
Crexendo Inc reports results for the quarter ended December 31 - Earnings Summary
Crexendo Inc CXDO.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 3 cent...Reuters
Wed, Mar 5
Other
EXCLUSIVE-Dealmaker Michael Grimes expected to lead new US sovereign wealth fund, sources say
Michael Grimes known for high-profile IPOs, advising Elon MuskGrimes led major tech IPOs at Morgan Stanley, including Meta, Uber and AirbnbUS fund to be financed with tariffs imposed on foreign countriesMost countries use budget surplus to finance sovereign wealth fundsUS fund creation requires cong...Reuters
Wed, Mar 5
Other
CANADA RESEARCH ROUNDUP-Bank of Montreal, Linamar Group, Wajax
March 5 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Linamar Group and Wajax on Wednesday. HIGHLIGHTS * Bank of Montreal BMO.TO: CIBC cuts target price to C$152 from C$156* DRI Healthcare Trust DHT_u.TO: CIBC cut...Reuters
Wed, Mar 5
Other
Trump, Trudeau spoke since tariffs took effect, CNN reporter says
WASHINGTON, March 5 (Reuters) - U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau have spoken since Trump's tariffs on Canadian and Mexican goods took effect on Tuesday, a CNN reporter said on X.Reuters
Wed, Mar 5
Commodities
Bank Of China International Has Reduced The Number Of Clients In Its Commodities Business By More Than Two-Thirds- Bloomberg News
March 5 (Reuters) - BANK OF CHINA INTERNATIONAL HAS REDUCED THE NUMBER OF CLIENTS IN ITS COMMODITIES BUSINESS BY MORE THAN TWO-THIRDS- BLOOMBERG NEWSSource text: https://bloom.bg/4i21TrRReuters
Wed, Mar 5
Stocks
Abercrombie & Fitch deepens retail gloom with tepid forecast, shares drop
Expects $5 million impact from tariffs to annual operating marginDemand weakens at namesake brand in FebruaryAbercrombie targets $100 million quarterly share repurchases in 2025By Juveria Tabassum March 5 (Reuters) - Abercrombie & Fitch ANF.N joined other U.S. retailers in forecasting weak an...Reuters
Wed, Mar 5
Stocks
Tesla sales plunge in Europe; stock flat
** Tesla TSLA.O stock up 1% Wed even data showed a 76% slump in its Feb car sales in Germany, adding to declines across Europe as the electric vehicle maker faces a brand loyalty test as CEO Elon Musk plays prominent role in U.S. President Donald Trump's administration** TSLA shares nearly doubl...Reuters
Wed, Mar 5
Stocks
US STOCKS-Wall St edges higher on hopes of tariff reprieve
CrowdStrike dips on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesNasdaq Composite on track to confirm correctionIndexes up: Dow 0.40%, S&P 500 0.22%, Nasdaq 0.37%By Johann M Cherian and Sukriti G...Reuters
Wed, Mar 5
Stocks
Why CrowdStrike Stock Is Plummeting Today
CrowdStrike (NASDAQ: CRWD) stock is getting hit with a wave of sell-offs following the company's recent fourth-quarter report. The company's share price was down 8.2% as of 12:30 p.m. ET and had fallen as much as 12.1% earlier in the day.CrowdStrike published its Q4 results after the market closed y...The Motley Fool
Wed, Mar 5
Stocks
Automakers rise as Trump discusses potential tariff delay
** Shares of U.S. automakers recover ground after selloff in Tuesday's session** President Donald Trump held a call with CEOs of General Motors GM.N and Ford F.N and the chair of Stellantis STLAM.MI to discuss the potential of delaying tariffs on North American-built vehicles by 30 days, two sou...Reuters
Wed, Mar 5
Cryptocurrencies
Elizabeth Warren says Trump, Musk, and DOGE are aiding the wealthy to cheat on their taxes
Senator Elizabeth Warren has accused former President Donald Trump and billionaire Elon Musk of aiding the wealthy in avoiding taxes. She believes the Trump and Musk are pressing the Internal Revenue Service (IRS) to reduce the workforce to obscure tax delays for billionaires in America. On Wednesday, Warren reposted an article from the Associated Press […]Cryptopolitan
Wed, Mar 5
Stocks
Why The Trade Desk Stock Crashed 40% in February
Shares of The Trade Desk (NASDAQ: TTD) plunged 40.8% lower in February 2025, according to data from S&P Global Market Intelligence. The digital advertising expert's fourth-quarter report fell short of Wall Street's revenue targets on Feb. 12, raising questions about the company's growth prospects.Q4...The Motley Fool
Wed, Mar 5
Commodities
US civil service board reinstates thousands of fired USDA employees
By Daniel WiessnerMarch 5 (Reuters) - A U.S. board that reviews the firings of federal employees on Friday ordered the U.S. Department of Agriculture to temporarily reinstate thousands of workers who lost their jobs as part of President Donald Trump's layoffs of the federal workforce.Cathy Harri...Reuters
Wed, Mar 5
Other
US congressional committee on China urges Americans to ditch TP-Link routers
By Michael Martina WASHINGTON, March 5 (Reuters) - A U.S. congressional committee on Wednesday urged Americans to remove Chinese-made wireless routers from their homes, including those made by TP-Link, calling them a security threat that opened the door for China to hack U.S. critical infrastruct...Reuters
Wed, Mar 5
Forex
Bank of England's Bailey urges US to step back from trade wars
Bailey calls on US to support multilateral institutionsUS withdrawal from IMF would be 'very damaging', Bailey saysMPC members stick to 'careful' and 'cautious' rate cut stancesBy David Milliken and William Schomberg LONDON, March 5 (Reuters) - Bank of England Governor And...Reuters
Wed, Mar 5
Other
Veolia Signs Contract With Metro Vancouver
March 5 (Reuters) - Veolia Environnement SA VIE.PA:SIGNS STRATEGIC CONTRACT WITH METRO VANCOUVEROPERATIONS AND MAINTENANCE CONTRACT IS FOR FIVE YEARSPOTENTIAL FIVE-YEAR EXTENSIONSAMOUNT OF UP TO $245 MILLION FOR OPERATIONS, MAINTENANCE AND CAPITAL REPLACEMENT WORKReuters
Wed, Mar 5
Other
Amazon Prime Video tests AI-based dubbing on licensed movies, series
March 5 (Reuters) - Amazon.com's AMZN.O Prime Video will begin offering AI-aided dubbing in English and Spanish on licensed movies and series starting Wednesday, the company said, in a bid to boost viewership and bring its content to more customers worldwide. The artificial intelligence-based du...Reuters
Wed, Mar 5
Stocks
International Paper rises after Citigroup resumes coverage with 'buy' rating
** Packaging company International Paper's IP.N shares up 2% at $52.39** Brokerage Citigroup resumes coverage with "buy" rating and PT of $60** Expects significant earnings improvement potential from DS Smith acquisition and cost-saving measures** "Earnings can ramp quickly from '...Reuters
Wed, Mar 5
Other
BREAKINGVIEWS-Trump’s trade tactics have a timing problem
By Gabriel Rubin WASHINGTON, March 5 (Reuters Breakingviews) - The annual winter address to Congress is usually a U.S. president’s chance to urge legislators to pass his agenda. Donald Trump, appearing before lawmakers on Tuesday for the first time since returning to the White House, instead expl...Reuters
Wed, Mar 5
