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Stocks
UBS upgrades Barrick Gold on value opportunity after underperformance
Investing.com -- UBS upgraded Barrick Gold (LON:0R22) Corp (NYSE:GOLD) to Buy from Neutral, raising its price target to $22 per share given the stock’s recent underperformance and a favourable long-te
Investing.com
Wed, Mar 5
Other
Soccer-Thorns, US forward Wilson announces pregnancy
NEW YORK, March 5 (Reuters) - U.S. national team forward Sophia Wilson announced she was pregnant on Wednesday, days before her NWSL side Portland Thorns were set to kick off the new season.The 2022 NWSL MVP Wilson, who was known as Sophia Smith before she got married in January, missed last month...
Reuters
Wed, Mar 5
Stocks
H.C. Wainwright starts coverage on Intellia with 'buy' rating on optimism for heart disease therapies
** Brokerage H.C. Wainwright starts coverage on gene editing firm Intellia Therapeutics NTLA.O with "buy" rating, sets PT at $30 ** Brokerage sees significant upside to NTLA's lead therapy candidate, NTLA-2002, for a type of heart disease known as hereditary angioedema** The CRISPR-base...
Reuters
Wed, Mar 5
Commodities
Planned turnaround ongoing at Phillips 66's Bayway refinery, IIR says
By Nicole Jao NEW YORK, March 5 (Reuters) - Phillips 66's PSX.N 258,500 barrel-per-day Bayway refinery is undergoing a major turnaround, research company IIR Energy said on Wednesday.The refinery in Linden, New Jersey, began maintenance activities in mid-February, IIR said. Ongoing maintenanc...
Reuters
Wed, Mar 5
Commodities
US drivers log 3.28 trillion miles in 2024, setting new record
WASHINGTON, March 5 (Reuters) - Travel on U.S. roads in 2024 rose 1% to 3.28 trillion miles setting a new yearly record and topping pre-COVID 19 levels for the first time, the Transportation Department said Wednesday.Last year, USDOT said in preliminary figures that road travel for 2023 had topped 2...
Reuters
Wed, Mar 5
Commodities
Trump and Trudeau discussed fentanyl, trade in 50-minute call, says Canada source
OTTAWA, March 5 (Reuters) - U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau spoke for about 50 minutes on Wednesday and discussed fentanyl smuggling and trade, said a Canadian source directly familiar with the conversation.Teams from both nations will continue to hold discussi...
Reuters
Wed, Mar 5
Commodities
US Cash Grains-Corn, soy basis nearly flat as selling slows
CHICAGO, March 5 (Reuters) - Spot basis bids for soybeans and corn were mostly steady in the U.S. Midwest on Wednesday as low futures prices discouraged farmers from selling and producers turned their attention to plans for spring planting. * The soy basis ticked up at a Council Bluffs, Iowa, pr...
Reuters
Wed, Mar 5
Stocks
OppFi rises after Q4 profit beats expectations
** Shares of specialty finance firm OppFi OPFI.N jump as much as 20.6%; last up 5.6% at $9.87** OPFI reports Q4 profit above Wall Street expectations, beating estimates for the eighth straight quarter** Co also forecasts FY 2025 revenue and adjusted profit above expectations** Northland Securities r...
Reuters
Wed, Mar 5
Stocks
Piper Sandler downgrades Accolade ahead of shareholder vote
Investing.com -- Piper Sandler downgraded Accolade Inc (NASDAQ:ACCD) to Neutral from Overweight and cut its price target to $7.03 per share, aligning with the proposed acquisition price in the company
Investing.com
Wed, Mar 5
Other
General Dynamics Board Increases Dividend To $1.50 Per Share
March 5 (Reuters) - General Dynamics Corp GD.N:GENERAL DYNAMICS BOARD INCREASES DIVIDENDGENERAL DYNAMICS CORP: DECLARED A REGULAR QUARTERLY DIVIDEND OF $1.50 PER SHARE
Reuters
Wed, Mar 5
Other
Department of Veterans Affairs to cut 80,000 jobs as part of Trump cuts
By Mike StoneWASHINGTON, March 5 (Reuters) - The Department of Veterans Affairs is planning to cut over 80,000 workers from the agency that helps administer benefits for America's military veterans, according to an internal memo sent to staff and seen by Reuters.
Reuters
Wed, Mar 5
Cryptocurrencies
CZ Zhao acknowledges Vitalik Buterin’s pivotal role in crypto’s evolution
CZ Zhao has thanked Ethereum co-founder Vitalik Buterin for his vital contribution to the growth of the cryptocurrency industry in a post on X.
Cryptopolitan
Wed, Mar 5
Other
BREAKINGVIEWS-CoreWeave is the epitome of AI overheating
By Robert Cyran NEW YORK, March 5 (Reuters Breakingviews) - Demand is running white-hot for the essential ingredient behind the artificial intelligence boom: chips produced by Nvidia NVDA.O. They’re in short supply and CoreWeave has them, propelling the fast-growing company towards seeking an ini...
Reuters
Wed, Mar 5
Stocks
If You'd Invested $10,000 in Palantir Technologies Stock 3 Years Ago, Here's How Much You'd Have Today
Shares of Palantir Technologies (NASDAQ: PLTR) have had a wild start to 2025. After surging in value during January, Palantir shares experienced a sharp drop that started in mid-February. At one point, the stock was up by as much as 64% year to date, but it has given back most of those gains. As of ...
The Motley Fool
Wed, Mar 5
Commodities
Trump spoke to Trudeau on Wednesday, says Canadian PM's office
OTTAWA, March 5 (Reuters) - Canadian Prime Minister Justin Trudeau spoke to U.S. President Donald Trump on Wednesday, Trudeau's office said in an emailed statement.
Reuters
Wed, Mar 5
Other
Zelenskiy hails 'positive movement' in relations with US
KYIV, March 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday there had been "positive movement" in cooperation with the United States that could lead to another meeting between the two sides soon.Kyiv is eager to repair ties with its top military supporter against Russ...
Reuters
Wed, Mar 5
Commodities
Bank of China International drops more than two-thirds of commodities business clients, Bloomberg News report
March 5 (Reuters) - Bank of China International Holdings reduced the number of clients in its commodities business by more than two-thirds, Bloomberg News reported on Wednesday citing people familiar with the matter. The bank in recent weeks has made lay-offs in its commodities team in Shanghai and ...
Reuters
Wed, Mar 5
Other
Koch Inc Says It Has Raised $184 Million In Equity Financing
March 5 (Reuters) - Koch Inc:KOCH INC SAYS IT HAS RAISED $184 MILLION IN EQUITY FINANCING - SEC FILINGSource text: [ID:n0001140361-25-007119]
Reuters
Wed, Mar 5
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
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