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Stocks
Why Perion Network Stock Crumbled This Week
Typically, when a company misses on either trailing results or forward guidance in an earnings report, it's punished by the market. It's also frequently dinged by analysts.Sure enough, over the past few days, both groups rapped the knuckles of adtech company Perion Network (NASDAQ: PERI) following t...The Motley Fool
Fri, Feb 21
Other
US Supreme Court declines to let Trump immediately fire watchdog agency head
Adds case background, details on agency, votes by some justicesTrump moved to dismiss head of Office of Special CounselUS judge temporarily blocked Hampton Dellinger's removalBy Andrew Chung, John KruzelWASHINGTON, Feb 21 (Reuters) - The U.S. Supreme Court declined on Friday to let Donald Trump ...Reuters
Fri, Feb 21
Stocks
Why CrowdStrike Stock Sank Today
CrowdStrike (NASDAQ: CRWD) stock saw a significant pullback Friday. The cybersecurity company's share price closed out the session down 6.8% in a day of trading that saw the S&P 500 index fall 1.8% and the Nasdaq Composite index fall 2.2%.CrowdStrike's valuation retreated today in conjunction with a...The Motley Fool
Fri, Feb 21
Other
FBI to transfer 1,500 staff out of Washington headquarters, two sources say
1,000 staff will go to field offices, 500 to Huntsville, AlabamaFBI Director Patel promises accountability and oversightPatel plans to counter illegal immigration, violent crimeAdds FBI response, paragraph 6By Sarah N. Lynch WASHINGTON, Feb 21 (Reuters) - The Federal Bureau of Investigation on Fr...Reuters
Fri, Feb 21
Other
AP sues Trump aides for restricting access over Gulf of Mexico name
By Andrew Goudsward WASHINGTON, Feb 21 (Reuters) - The Associated Press on Friday sued senior aides to President Donald Trump over a decision by the White House to restrict the news outlet's access to the president and other officials for continuing to refer to the Gulf of Mexico in its cover...Reuters
Fri, Feb 21
Other
23andMe CEO Anne Wojcicki and New Mountain Capital offer to take company private
Feb 21 (Reuters) - Genetic testing firm 23andMe ME.O Chief Executive Officer Anne Wojcicki and investment firm New Mountain Capital have submitted a proposal to take the company private, according to a regulatory filing on Friday.Both parties have jointly made an offer to buy the company for $2.53 p...Reuters
Fri, Feb 21
Other
CVS cuts bonuses after low profit levels in 2024
Feb 21 (Reuters) - CVS Health CVS.N said on Friday it has cut bonuses for some employees because of its low profit levels last year, as the healthcare conglomerate grapples with higher costs across its Medicare plans."We did not meet our financial goals in 2024, and that's reflected in our c...Reuters
Fri, Feb 21
Stocks
Why Exelixis Stock Trounced the Market on Thursday
Cancer drug specialist Exelixis (NASDAQ: EXEL) was quite the stock market star on Friday. Following news that it's making a big, shareholder-pleasing move, market players piled into the company to push its shares 5% higher on the day. This provided some light in what was generally a gloomy trading s...The Motley Fool
Fri, Feb 21
Other
BRIEF-Imaflex Announces Cyber Security Incident, Launches Investigation
Feb 21 (Reuters) - Imaflex Inc IFX.V:IMAFLEX ANNOUNCES CYBER SECURITY INCIDENTIMAFLEX INC - ANNOUNCES CYBER SECURITY INCIDENT AFFECTING OPERATIONSIMAFLEX INC - LAUNCHES INVESTIGATION WITH THIRD-PARTY CYBERSECURITY EXPERTSSource text: ID:nCNW92dD5aFurther company coverage: IFX.VReuters
Fri, Feb 21
Commodities
CIF/FOB Gulf Grain-Soy barge basis bids firm, corn bids steady
CHICAGO, Feb 21 (Reuters) - Spot basis bids for soybeans delivered by barge to the U.S. Gulf Coast firmed on Friday, and corn bids were steady, traders said.* Traders expect the recent surge in corn prices will encourage U.S. farmers to plant more of the grain this spring, as the crop looks more pro...Reuters
Fri, Feb 21
Other
Judge extends block on Musk's DOGE from Treasury systems
Feb 21 (Reuters) - A U.S. judge on Friday extended a block on Elon Musk's government cost-cutting team known as DOGE from accessing Treasury Department systems responsible for trillions of dollars in payments.U.S. District Judge Jeannette Vargas in Manhattan granted a request from 19 Democratic ...Reuters
Fri, Feb 21
Other
Guardant Health sues rival Natera over cancer-testing trade secrets
Adds comment from Guardant in paragraph 4By Blake Brittain Feb 21 - Medical diagnostics company Guardant Health GH.O has sued rival Natera NTRA.O in California federal court for allegedly stealing trade secrets related to cancer-detection blood tests. Guardant said in a lawsuit filed Thursday tha...Reuters
Fri, Feb 21
Other
US Supreme Court declines to let Trump immediately fire agency head
WASHINGTON, Feb 21 (Reuters) - The U.S. Supreme Court declined on Friday to let Donald Trump immediately fire the head of a federal watchdog agency after a judge's order had temporarily blocked the Republican president from ousting the official.Reuters
Fri, Feb 21
Cryptocurrencies
Bybit reports $1.5B hack to the authorities, working to block stolen ETH sales
Bybit has officially reported the $1.5 billion hack to authorities, launching an aggressive effort to track and block the 401,000 ETH stolen from its cold wallet. The exchange confirmed that law enforcement is involved, and forensic teams are working to demix hacker addresses to limit how the funds can be sold. Bybit announced the development […]Cryptopolitan
Fri, Feb 21
Other
BRIEF-NASA Awards Delivery Order for NOAA's Space Weather Program To BAE Systems
Feb 21 (Reuters) - BAE Systems PLC BAES.L:NASA: HAS AWARDED DELIVERY ORDER TO BAE SYSTEMS SPACE & MISSION SYSTEMS INC. OF BOULDER, COLORADO, TO BUILD SPACECRAFT FOR LAGRANGE 1 SERIES PROJECTNASA: AWARD HAS TOTAL VALUE OF ABOUT $230.6 MILLION WITH PERIOD OF PERFORMANCE RUNNING FROM FEB 2025 TO FE...Reuters
Fri, Feb 21
Other
BRIEF-Trump Media To Propose Corporate To Move To Florida
Feb 21 (Reuters) - Trump Media & Technology Group Corp DJT.O:TRUMP MEDIA FILES PRELIMINARY PROXY STATEMENT, PROPOSES CORPORATE MOVE TO FLORIDATMTG: LOOK FORWARD TO UNITING LEGAL HOME WITH PHYSICAL HOME AS CO EXPLORE POSSIBILITIES FOR MERGERS, ACQUISITIONS, PARTNERSHIPS, OTHER GROWTHTRUMP MEDIA &...Reuters
Fri, Feb 21
