News
Important Only
Commodities
Shale producer APA misses fourth-quarter profit estimates
Feb 26 (Reuters) - U.S. shale producer APA Corp APA.O fell short of Wall Street expectations for fourth-quarter profit on Wednesday as weak commodity prices offset a rise in production.The Houston-based company posted an adjusted profit of 79 cents per share for the three months ended December 31, c...Reuters
Wed, Feb 26
Other
BRIEF-Nasa Says Agency & Spacex Now Targeting No Earlier Than Sunday, March 2, Spherex & Punch Launches- Blog
Feb 26 (Reuters) - NASA AND SPACEX NOW ARE TARGETING NO EARLIER THAN SUNDAY, MARCH 2, FOR THE LAUNCH OF THE AGENCY’S SPHEREX AND PUNCH MISSIONS- BLOGSource text: https://tinyurl.com/2c9se8lwReuters
Wed, Feb 26
Commodities
Chevron says considering implications of Trump's Venezuela announcement
Feb 26 (Reuters) - Chevron Corp CVX.N said on Wednesday it is considering the implications of the Trump administration's announced termination of an oil deal with Venezuela."We are aware of today’s announcement and are considering its implications," said company spokesman Bill Turenne. ...Reuters
Wed, Feb 26
Other
Nvidia forecasts first-quarter revenue above estimates
Feb 26 (Reuters) - Nvidia NVDA.O forecast first-quarter revenue above market estimates on Wednesday, expecting robust demand for its leading AI chips to persist as businesses spend heavily to expand generative artificial intelligence infrastructure.The company expects revenue of $43 billion, plus or...Reuters
Wed, Feb 26
Other
Democratic senator urges Trump Commerce nominee to take hard line on China
WASHINGTON, Feb 26 (Reuters) - A senior Democratic senator on Wednesday urged President Donald Trump's nominee to lead the Commerce Department's Bureau of Industry and Security to take a tough line on China, citing Chinese startup DeepSeek's artificial intelligence technology.Senator Eli...Reuters
Wed, Feb 26
Other
Tesla wins ruling to limit damages in US lawsuit over Autopilot crash
By Mike Scarcella Feb 26 (Reuters) - Elon Musk’s Tesla convinced a Florida appeals court on Wednesday to limit the damages it could be forced to pay in a wrongful death lawsuit accusing the electric vehicle company of misstating the capabilities of its cars’ Autopilot system.The 4th District Cour...Reuters
Wed, Feb 26
Stocks
Snowflake forecasts annual product revenue above estimates
Feb 26 (Reuters) - Snowflake SNOW.N forecast annual 2026 product revenue above analysts' estimates on Wednesday, as the data analytics provider sees rising cloud service growth amid advancements in artificial intelligence.Shares of the Bozeman, Montana-based company rose 11% in the extended trad...Reuters
Wed, Feb 26
Cryptocurrencies
Ethereum Price Forecast: ETH stretches decline as Trump plans tariff on European Union
Ethereum (ETH) extended its decline on Wednesday, down 7% in the past 24 hours following US President Donald Trump stating that he would slap a 25% tariff on imports from the European Union.
Fxstreet
Wed, Feb 26
Other
urban-gro Inc expected to post a loss of 15 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 4.3% decrease in revenue to $18.037 million from $18.84 million a year ago,...Reuters
Wed, Feb 26
Stocks
Why Dollar General, PepsiCo, and The Hershey Company Plunged Today
Shares of food and essentials companies Dollar General (NYSE: DG), PepsiCo (NASDAQ: PEP), and The Hershey Company (NYSE: HSY) all fell on Wednesday, down 5.4%, 2.9%, and 4%, respectively, as of 2:45 p.m. ET.The across-the-board declines in these consumer staples names can likely be attributed to the...The Motley Fool
Wed, Feb 26
Other
Spire Global Inc expected to post a loss of 26 cents a share - Earnings Preview
Spire Global Inc SPIR.N, SPIR.K is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending June 30 2024The Vienna Virginia-based company is expected to report a 14.2% increase in revenue to $30.242 million from $26.49 million a year ago...Reuters
Wed, Feb 26
Other
Flux Power Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview
Flux Power Holdings Inc FLUX.OQ FLUX.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending September 30 2024The Vista California-based company is expected to report a 3.2% decrease in revenue to $14.324 million from $14.8 million...Reuters
Wed, Feb 26
Stocks
LIVE MARKETS-Wall Street shares end mixed ahead of Nvidia results
US indexes mixed: Nasdaq up ~0.3%, S&P 500 ~flat, Dow dips ~0.4%Tech leads S&P 500 sector gainers; Staples weakest groupDollar up; gold ~flat; crude slips; bitcoin down ~5%US 10-Year Treasury yield falls to ~4.25%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, Feb 26
Other
Beyond Meat forecasts annual revenue below estimates
Feb 26 (Reuters) - Beyond Meat BYND.O forecast annual revenue below estimates on Wednesday, as faux meat products maker faces persistent demand weakness amid sticky inflation. For fiscal 2025, the company expects net revenue in the range of $320 million to $335 million, compared with analyst...Reuters
Wed, Feb 26
Other
EBay forecasts quarterly revenue below expectations
Feb 26 (Reuters) - E-commerce firm eBay EBAY.O forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector's items and refurbished goods. The company expects revenue in the range of $2.52 billion to $2.56 billion for the quarter, ...Reuters
Wed, Feb 26
Other
Spyre Therapeutics Inc expected to post a loss of 99 cents a share - Earnings Preview
Spyre Therapeutics Inc SYRE.OQ SYRE.O is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Waltham Massachusetts-based company is expected to report revenue of $2.1 million, according to the mean estimate from ...Reuters
Wed, Feb 26
Other
Pactiv Evergreen Inc expected to post earnings of 37 cents a share - Earnings Preview
Pactiv Evergreen Inc PTVE.OQ PTVE.O is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Lake Forest Illinois-based company is expected to report a 0.5% increase in revenue to $1.281 billion from $1.27 billion ...Reuters
Wed, Feb 26
Other
NextTrip Inc expected to post a loss of 17 cents a share - Earnings Preview
NextTrip Inc NTRP.OQ NTRP.O is expected to report resultson February 28 (estimated) for the period ending February 28 2025The Santa Fe New Mexico-based company is expected to report revenue of $1.625 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst es...Reuters
Wed, Feb 26
Stocks
Deals of the day-Mergers and acquisitions
Adds: Infinera, Seven & i Holdings, Stroeer, UniCredit, CBS, Bain Capital, Exor Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: ** Private equity firm Bain Capital is weighing options, including a sale, for Rocket Software ...Reuters
Wed, Feb 26
