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Why DLocal Stock Got Hammered Today
Shares of financial technology (fintech) company DLocal (NASDAQ: DLO) got hammered on Friday after the company reported financial results for the fourth quarter of 2024. The Uruguayan company's take rates are falling, unsettling investors. And that's why DLocal stock was down a crushing 32% as of 2:...The Motley Fool
Fri, Feb 28
Other
EU's Kallas after Trump Zelenskiy clash: Free world needs new leader
BRUSSELS, Feb 28 (Reuters) - The European Union foreign policy chief Kaja Kallas said it has become clear that "the free world needs a new leader" after U.S. President Donald Trump clashed with Ukrainian President Volodymyr Zelenskiy at the White House on Friday."Ukraine is Europe! We st...Reuters
Fri, Feb 28
Other
Food delivery company Grubhub to cut 500 jobs
Adds details in paragraph 3, background in paragraph 5 and 6 Feb 28 (Reuters) - Grubhub CEO Howard Migdal said on Friday that the food delivery firm has decided to cut about 500 jobs, as it focuses on aligning its business with Wonder after the takeover was completed last month.Grubhub was bought...Reuters
Fri, Feb 28
Other
Bessent says Mexico has proposed matching US tariffs on China
WASHINGTON, Feb 28 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting.""I think it would be a nice gesture if the Canadians did it also so in a way we could have fortres...Reuters
Fri, Feb 28
Stocks
Why EVs and Renewable Energy Stocks Crashed This Week
Despite Tesla CEO Elon Musk being close to President Donald Trump, which was supposed to be bullish for electric vehicles (EVs), the market is selling off most EV and renewable energy stocks this week. The biggest reason is the government beginning to make moves that will hurt the industry, and it c...The Motley Fool
Fri, Feb 28
Commodities
ICE canola futures fall, retreating from February highs
All figures in Canadian dollars unless notedWINNIPEG, Manitoba - Feb 28 (Reuters) - ICE canola futures fell Friday on soyoil weakness, ending February at about where it started.• May canola RSK5 settled down $6.00 at $651.10 per metric ton. All 2025 months fell similar amounts. • Canola began the mo...Reuters
Fri, Feb 28
Commodities
US Plains HRW Wheat-Basis bids steady in subdued trade
CHICAGO, Feb 28 (Reuters) - Spot basis bids for hard red winter wheat were mostly flat on Friday as dealers rolled their basis bids to the May contract while farmers hesitated to sell, dealers said.* Farmer selling was subdued as many producers have sold off the vast majority of their old-crop wheat...Reuters
Fri, Feb 28
Commodities
CBOT soybeans sag as traders fear tariff impacts
CHICAGO, Feb 28 (Reuters) - Chicago Board of Trade soybean futures closed down on Friday as market players worried about the impact of possible new U.S. tariffs on imports from Mexico, Canada and China, set to begin on March 4. CBOT May soybeans SK25 settled down 11-1/2 cents at $10.25-3/4 per bushe...Reuters
Fri, Feb 28
Commodities
REFILE-QUOTES-Lawmakers in US Congress react to Zelenskiy-Trump Oval Office clash
Refiling to remove typo from headline Feb 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump traded blows at a White House meeting that ended in disaster on Friday, prompting an outpouring of reaction from members of Congress and other American public figures....Reuters
Fri, Feb 28
Commodities
INSIGHT-As Trump and Zelenskiy clash, Ukraine minerals bonanza remains distant prospect
Adds row between Zelenskiy and Trump, deal not signedLithium development faces security and financial challengesUkraine's mineral mapping and exploration lagging behindSecurity guarantees seen as key to aiding deposit developmentZelenskiy leaves White House without signing dealBy Pratima Desai, ...Reuters
Fri, Feb 28
Stocks
Why AppLovin Plunged This Week
Shares of AppLovin (NASDAQ: APP) fell 22% this week as of Friday at 3:10 p.m. ET, according to data from S&P Global Market Intelligence.AppLovin was the best-performing technology stock in 2024, up 714%, and also started 2025 off well on the back of a very strong Q4 earnings report. However, this w...The Motley Fool
Fri, Feb 28
Other
Switzerland to host conference on occupied Palestinian territories on March 7
GENEVA, Feb 28 (Reuters) - Switzerland has invited 196 states who are parties to the Geneva Conventions to participate in a conference next week on the situation of civilians living in the Israeli occupied territories, a Foreign Ministry spokesperson said on Friday.While a ceasefire is holding in Ga...Reuters
Fri, Feb 28
Commodities
QUOTES-World reacts to Zelenskiy-Trump Oval Office clash
Updates with additional international reactions Feb 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump traded blows at a White House meeting that ended in disaster on Friday, prompting an outpouring of reaction from across the globe.ZELENSKIY ON X"Thank yo...Reuters
Fri, Feb 28
