News
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Stocks
Why Reddit Stock Lost 19% in February
Shares of Reddit (NYSE: RDDT) were among the losers on the stock market last month after better-than-expected results weren't enough to keep the company's blistering momentum going.The social media stock has been a huge winner on the market since its IPO a year ago, but investors now seem to believe...The Motley Fool
Mon, Mar 3
Other
American Airlines asks US Supreme Court to reverse ruling barring JetBlue alliance
March 3 (Reuters) - American Airlines AAL.O has asked the U.S. Supreme Court to reverse a lower-court decision that found its now-scrapped U.S. Northeast partnership with JetBlue Airways JBLU.O violated federal antitrust law.American Airlines in a petition made public on Monday asked the justices to...Reuters
Mon, Mar 3
Cryptocurrencies
Analyst warns of US is weaponizing crypto for national interests
CryptoQuant CEO Ki Young Ju has warned about the weaponization of crypto by the United States, noting that this could negatively impact the industry. In a tweet, the crypto executive noted that the industry now revolves around what benefits the US and President Donald Trump’s administration. According to Young Ju, the approach to regulation since […]Cryptopolitan
Mon, Mar 3
Other
Allianz Commercial NA names Gibbs head of portfolio solutions and DA
By Chris MunroMarch 3 - (The Insurer) - Allianz Commercial has promoted Julie Gibbs to fill its newly created regional head of portfolio solutions and delegated authority in North America.In her new role, the St. Louis, Missouri-based Gibbs will oversee Allianz Commercial’s delegated underwriting au...Reuters
Mon, Mar 3
Stocks
BUZZ-Emergent BioSolutions falls after reporting downbeat quarterly revenue
** Shares of Emergent BioSolutions EBS.N fall 12.5% to $5.98 in extended trading, the lowest since September** Company reported a decline in its fourth-quarter revenue, which stood at $194.7 million, down from $276.6 million a year ago** On an adjusted basis, company reported EPS of 5 cents, vs a lo...Reuters
Mon, Mar 3
Stocks
Okta: Solid Beat, Even Better Guidance
Here's our initial take on Okta's (NASDAQ: OKTA) financial report.Key MetricsMetricQ4 2024Q4 2025Changevs. ExpectationsRevenue$605 million$682 million13%BeatEarnings per share$0.63$0.7824%BeatNet retention rate111%107%-400 bpn/aFree cash flow$166 million$284 million71%n/aOkta's Focus on Large Custom...The Motley Fool
Mon, Mar 3
Commodities
New Fortress Energy posts quarterly loss amid lower LNG export prices
March 3 (Reuters) - U.S. LNG firm New Fortress Energy NFE.O posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infrastructure segments.LNG exports in the U.S. rose in 2024, reaching near-record levels in December. But lower LNG export pric...Reuters
Mon, Mar 3
Commodities
GRAINS-Corn extends slide as trade woes, big South American crops spur sell-off
Updates with closing U.S. pricesBy Julie Ingwersen CHICAGO, March 3 (Reuters) - Benchmark U.S. corn futures fell nearly 3% on Monday as worries about trade tensions and ample South American harvests appeared to spur commodity funds to liquidate more of their large net long positions, traders said...Reuters
Mon, Mar 3
Other
Amplify Energy Corp expected to post earnings of 26 cents a share - Earnings Preview
Amplify Energy Corp AMPY.N, AMPY.K is expected to show a fall in quarterly revenue when it reports results on March 5 for the period ending December 31 2024The Houston Texas-based company is expected to report a 3.7% decrease in revenue to $76.041 million from $78.99 million a year ago, according ...Reuters
Mon, Mar 3
Other
Methode Electronics Inc expected to post a loss of 12 cents a share - Earnings Preview
Methode Electronics Inc MEI.N, MEI is expected to show a rise in quarterly revenue when it reports results on March 5 for the period ending January 31 2025The Chicago Illinois-based company is expected to report a 2.3% increase in revenue to $265.518 million from $259.5 million a year ago, accordi...Reuters
Mon, Mar 3
Other
Exclusive: Kroll breached via phishing attack that disclosed clients’ account balance information
By James ThalerMarch 3 - (The Insurer) - Financial risk and advisory firm Kroll has suffered a data breach via a phishing attack by threat actors, which exposed client invoicing and accounts payable information, along with associated email addresses, the company advised clients on Monday.Kroll notif...Reuters
Mon, Mar 3
Stocks
PMV Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
PMV Pharmaceuticals Inc PMVP.OQ reported a quarterly adjusted loss of 45 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -31 cents. The mean expectation of six analysts for the quarter was for a loss of 38 cents per share....Reuters
Mon, Mar 3
Other
BRIEF-Dave Reports Fourth Quarter & Full Year 2024 Financial Results
March 3 (Reuters) - Dave Inc DAVE.O:DAVE Q4 NET INCOME USD 16.8 MILLIONDAVE Q4 REVENUE USD 100.9 MILLIONDAVE Q4 ADJUSTED EBITDA USD 33.4 MILLIONDAVE INC QTRLY ADJUSTED EPS $2.04DAVE INC OUTLOOK 2025 GAAP OPERATING REVENUES, NET $415 MILLION - $435 MILLIONSource text: ID:nGNX4yZP5TFurther company cov...Reuters
Mon, Mar 3
Other
BRIEF-Grid Dynamics To Appoint Rajeev Sharma Managing Partner Of Apac And Promote Dr. Eugene Steinberg To Chief Technology Officer
March 3 (Reuters) - Grid Dynamics Holdings Inc GDYN.O:GRID DYNAMICS TO APPOINT RAJEEV SHARMA MANAGING PARTNER OF APAC AND PROMOTE DR. EUGENE STEINBERG TO CHIEF TECHNOLOGY OFFICERSource text: ID:nBw5FWhTsaFurther company coverage: GDYN.OReuters
Mon, Mar 3
