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Stocks
US STOCKS-Wall St set for higher open with spotlight on Nvidia results
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Intuit gains after forecasting Q3 revenue above estimatesGM rises on $6 billion buyback, higher dividend planFutures up: Dow 0.27%, S&P 500 0.54%, Nasdaq 0.81%Updates to before markets open...
Reuters
Wed, Feb 26
Other
US drugmaker Merck to boost workforce in India, executive says
By Rishika Sadam and Kashish TandonHYDERABAD, India, Feb 26 (Reuters) - Drugmaker Merck MRK.N, known as MSD outside of the U.S. and Canada, expects to increase its workforce across its India sites by the end of the year, a senior company executive said on Wednesday."By the end of this year, we e...
Reuters
Wed, Feb 26
Commodities
Caspian pipeline oil exports on schedule, Kazakhstan says
No risks to oil loadings from CPC, says ministerRepair of damaged pumping station may take two months - CPCKazakhstan tries to comply with OPEC+ oil dealKazakhstan is open for settlement with Western oil companiesRecasts with energy minister in paragraphs 3-4,12-13,15 ASTANA, Feb 26 (Reuters) - K...
Reuters
Wed, Feb 26
Other
Trump asks Apple to end diversity policies after shareholders vote in favor
Adds background on DEI in paragraph 7 WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump on Wednesday urged Apple AAPL.O to scrap its diversity, equity and inclusion policies, a day after the iPhone maker's shareholders voted overwhelmingly to keep them in the face of growing pushback...
Reuters
Wed, Feb 26
Stocks
Krispy Kreme cut to sell at Morgan Stanley as 2025 guidance 'materially worse'
Investing.com -- Morgan Stanley cut Krispy Kreme (NASDAQ:DNUT) to Underweight from Equal-weight in a note Wednesday, slashing its price target from $12 to $6, following what analysts described as
Investing.com
Wed, Feb 26
Cryptocurrencies
Market focus and mindshare shifts to DeFi as memes slow down
DeFi expanded its mindshare, boosting the revenues for some of its top protocols. The latest market turbulence translated into higher fees for DeFi Saver.
Cryptopolitan
Wed, Feb 26
Stocks
Revolve Group EPS Soars Over Forecast
Revolve Group (NYSE:RVLV), a leader in online fashion retail, recently announced its fourth-quarter 2024 results on February 25, 2025. The earnings highlighted notable revenue growth and improved profitability, with revenue reaching $293.73 million, surpassing analyst estimates of $283 million by 3....
The Motley Fool
Wed, Feb 26
Stocks
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 26TH
NEW YORK, Feb. 26, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLX...
PR Newswire
Wed, Feb 26
Stocks
BUZZ-Global Net Lease rises on $1.8 billion portfolio sale, $300 million buyback plan
** Shares of real estate investor Global Net Lease GNL.N rise 6.2% to $7.75 premarket** Co says it is selling its multi-tenant portfolio to subsidiary of RCG Ventures Holdings for about $1.8 bln** GNL plans to use proceeds to lower balance on its Revolving Credit Facility, aiming for investment-grad...
Reuters
Wed, Feb 26
Cryptocurrencies
Top New Crypto to Buy as Binance CEO Assures Market Is in a ‘Tactical Retreat,’ Not a Reversal
Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlig...
NewsBTC
Wed, Feb 26
Stocks
BUZZ-Option Care Health rises on upbeat 2025 forecast
** Shares of infusion therapy services provider Option Care Health OPCH.O rise 2.03% to $33.3 premarket ** Co forecasts 2025 revenue in the range of $5.3 bln to $5.5 bln and profit between $1.59 to $1.69/share, higher than analysts' estimate of $5.26 bln and $1.25/share, respectively, as per dat...
Reuters
Wed, Feb 26
Commodities
US will spend up to $1 billion to combat bird flu, USDA secretary says
Feb 26 (Reuters) - The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said on Wednesday.
Reuters
Wed, Feb 26
Other
Ukraine-US minerals deal lays ground for long-term cooperation, deputy prime minister says
KYIV, Feb 26 (Reuters) - The U.S.-Ukraine minerals deal is part of a broader effort to end the war with Russia and will lay the groundwork for long-term cooperation between Kyiv and Washington, Ukrainian Deputy Prime Minister Olha Stefanishyna said on Wednesday."This agreement signifies our comm...
Reuters
Wed, Feb 26
Stocks
BUZZ-Caesars Entertainment rises as it swings to profit in Q4
** Shares of casino operator Caesars Entertainment CZR.O up 3% to ~$36 premarket** CZR on Tuesday swung to fourth-quarter profit from year-ago loss, driven by strong performance from its casino operations in Las Vegas** Company posted quarterly net income of 5 cents per share, compared to loss of 34...
Reuters
Wed, Feb 26
Other
Rapid Micro Biosystems Inc
expected to post a loss of 23 cents a share - Earnings Preview
Rapid Micro Biosystems Inc RPID.OQ RPID.O is expected to show a rise in quarterly revenue when it reports results on February 28 for the period ending December 31 2024The Lexington Massachusetts-based company is expected to report a 23.1% increase in revenue to $7.8 million from $6.34 million a ye...
Reuters
Wed, Feb 26
Stocks
BRIEF-Fuzzy Panda Research Says Short AppLovin
Feb 26 (Reuters) - FUZZY PANDA RESEARCH SAYS SHORT APPLOVINSource text: https://tinyurl.com/35ycb38eFurther company coverage: APP.O
Reuters
Wed, Feb 26
Other
Cardlytics Inc
expected to post a loss of 18 cents a share - Earnings Preview
Cardlytics Inc CDLX.OQ CDLX.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Atlanta Georgia-based company is expected to report a 28.6% decrease in revenue to $63.627 million from $89.17 million a year a...
Reuters
Wed, Feb 26
Other
Spain's Almirall expects to double revenue by 2030, CEO says
By Javi West Larrañaga Feb 26 (Reuters) - Spanish pharmaceutical company Almirall ALM.MC expects to almost double its annual revenue by 2030, boosted by higher sales of its dermatological products in Europe, CEO Carlos Gallardo said on Wednesday.He told Reuters that investments made over the past...
Reuters
Wed, Feb 26
Stocks
Astec Industries Inc reports results for the quarter ended December 31 - Earnings Summary
Astec Industries Inc ASTE.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of two analysts for the quarter was for earnings of 73 cents per share. W...
Reuters
Wed, Feb 26
Commodities
What are rare earth metals and why are they in demand?
Feb 26 (Reuters) - Rare earth metals are making headlines as demand rises for products from smartphones to wind turbines, and as governments seek secure supply.Here are some basic facts about them:WHAT ARE THEY?Rare earths are a group of 17 elements including 15 silvery-white metals called lanthanid...
Reuters
Wed, Feb 26
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