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BUZZ-U.S. STOCKS ON THE MOVE-Axon, Intuit, Lowe's Companies
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Feb 26 (Reuters) - U.S. stock index futures edged higher on Wednesday, rebounding from steep losses in the previous sessions, as investors foc...Reuters
Wed, Feb 26
Cryptocurrencies
Thousands of Canadians sign petition to revoke Musk’s citizenship, claims his wealth is a bad influence
Elon Musk’s relationship with the US government has affected his companies, and now, the effect is spreading to his personal life. Thousands of people have signed a petition to revoke Musk’s Canadian citizenship. The petition began accepting signatures five days ago. More than 250,000 Canadians have already signed it, and it will be open for […]Cryptopolitan
Wed, Feb 26
Stocks
BUZZ-Stephens lowers PT for Addus HomeCare amid Medicaid funding uncertainity
** Brokerage Stephens cuts price target for home health services provider Addus HomeCare ADUS.O to $142 from $153; maintains "overweight" rating** The new PT represents 45.5% upside to stock's last close** Brokerage says uncertainty over funding for federal health insurance program Medic...Reuters
Wed, Feb 26
Stocks
OpenAI Just Gave Taiwan Semiconductor Investors Great News
When it comes to artificial intelligence (AI) chip stocks, my guess is that names such as Nvidia, Broadcom, or Advanced Micro Devices come to mind first. While all three companies are playing an integral role supplying data centers with the latest AI hardware, these chip designers have to give a lot...The Motley Fool
Wed, Feb 26
Stocks
BUZZ-SiriusPoint falls after pricing of secondary stock offering
** Shares of insurer SiriusPoint SPNT.N down 2.5% at $14.22 premarket** SPNT late on Tuesday announced pricing of secondary offering of ~4.1 million shares by entities associated with billionaire investor Daniel Loeb** Stock offering priced at $14 apiece, a 4% discount to the stock's last close*...Reuters
Wed, Feb 26
Other
REFILE-FACTBOX-U.S. companies announce layoffs to cut costs
Corrects dateline to Feb. 26 Feb 26 (Reuters) - U.S. companies have initiated layoffs across sectors as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year.The Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, ...Reuters
Wed, Feb 26
Stocks
GLOBAL MARKETS-Stocks, dollar jump as House advances Trump's tax cut plans
European stocks rise, Wall St futures higherHouse advances Trump's tax cut plans to SenateNvidia's earnings in focusBy Samuel Indyk and Rae Wee LONDON, Feb 26 (Reuters) - Global shares and the dollar rose on Wednesday after House Republicans advanced U.S. President Donald Trump's tax ...Reuters
Wed, Feb 26
Stocks
Avista Corp reports results for the quarter ended December 31 - Earnings Summary
Avista Corp AVA.N reported quarterly adjusted earnings of 85 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.10. The mean expectation of five analysts for the quarter was for earnings of 86 cents per share. Wall Street ...Reuters
Wed, Feb 26
Other
Trump says Apple should eliminate diversity policies
WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump on Wednesday said Apple Inc AAPL.O should get rid of any diversity, equity and inclusion rules, one day after company shareholders voted to keep the tech giant's DEI policies. "APPLE SHOULD GET RID OF DEI RULES, NOT JUST MAKE ADJU...Reuters
Wed, Feb 26
Stocks
Verisk beats quarterly profit estimates on robust demand for data analytics
Feb 26 (Reuters) - Verisk Analytics VRSK.O reported a better-than-expected profit for the fourth quarter on Wednesday, driven by strong demand for its data analytics products used by insurers to assess policy risks. WHY IT'S IMPORTANTProperty and casualty (P&C) insurers have been ...Reuters
Wed, Feb 26
Other
TEXT-Framework agreement of US, Ukraine on developing critical minerals
Feb 26 (Reuters) - Following is the full text of a framework agreement between Ukraine and the United States on the joint development of rare earths, critical minerals, oil, gas and other natural resources.The text, seen by Reuters, is dated February 25. A Ukrainian source said the document was the ...Reuters
Wed, Feb 26
Stocks
EXCLUSIVE-CICC to merge with Galaxy Securities to form China's No.3 brokerage, say sources
Merger to create an entity with $193 billion in total assets CICC, Galaxy merger expected to take place via share swapAnnouncement about CICC, Galaxy merger expected in coming weeksCICC, Galaxy shares rally after Reuters report Adds CICC's and Galaxy's comments in paragraph 7By Julie Z...Reuters
Wed, Feb 26
Stocks
Sprott Inc reports results for the quarter ended December 31 - Earnings Summary
Sprott Inc SII.TO reported quarterly adjusted earnings of 46 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of two analysts for the quarter was for earnings of 50 cents per share. Wall Stre...Reuters
Wed, Feb 26
Stocks
George Weston Ltd reports results for the quarter ended December 31 - Earnings Summary
George Weston Ltd WN.TO reported quarterly adjusted earnings of C$3.15 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of C$2.51. The mean expectation of five analysts for the quarter was for earnings of C$3.05 per share. Wall Str...Reuters
Wed, Feb 26
Cryptocurrencies
Potential Florida Governor Plans Bitcoin On State Balance Sheet
Pro-Bitcoin Congressman Byron Donalds has announced his candidacy for the Florida governorship during an appearance on Fox News’ Hannity. The Republican lawmaker, currently representing Florida’s 19th congressional district, underscored his vision for making the Sunshine State a global financial hub...Bitcoinist
Wed, Feb 26
Other
BRIEF-International Money Express Inc QTRLY Revenues Of $164.8 Million
Feb 26 (Reuters) - International Money Express Inc IMXI.O:: QTRLY REVENUES OF $164.8 MILLION: QTRLY ADJUSTED EPS OF $0.57BOARD SUSPENDS ASSESSMENT OF STRATEGIC ALTERNATIVES: OUTLOOK FY REVENUE $657.5 MILLION TO $677.5 MILLION: OUTLOOK FY ADJUSTED EPS OF $2.09 TO $2.26OUTLOOK Q1 REVENUE $145.5 MILLI...Reuters
Wed, Feb 26
Stocks
Should You Forget Nvidia and Buy 2 Artificial Intelligence (AI) Stocks Instead?
Nvidia (NASDAQ: NVDA) has undoubtedly been the poster child of the artificial intelligence (AI) boom. This is evidenced by its share price, which absolutely skyrocketed, rising 1,800% in the past five years. Today, Nvidia is the second most valuable enterprise on Earth.Investors who want exposure in...The Motley Fool
Wed, Feb 26
Stocks
Can Peloton Stock Double by 2030?
Peloton Interactive (NASDAQ: PTON) is falling back into the good graces of the investment community. The company is steadily improving its finances, which is reducing risk. And it helps Peloton inch closer to creating a sustainable business model, something that was certainly called into question ov...The Motley Fool
Wed, Feb 26
Other
RPT-BREAKINGVIEWS-Nvidia benefits from a first-mover disadvantage
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Robert Cyran NEW YORK, Feb 25 (Reuters Breakingviews) - Nvidia NVDA.O depends, at least somewhat, on a first-mover disadvantage. The chipmaker led by Jensen Huang should report another quarter of breakneck gro...Reuters
Wed, Feb 26
