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Stocks
BUZZ-Akamai Technologies falls after weak forecasts
** Cloud company Akamai Technologies' AKAM.O shares fall 5.5% to $92.62 after the bell** AKAM forecasts both Q1 and annual revenue below estimates** Sees FY25 revenue between $4 billion and $4.20 billion, below estimates of $4.26 billion, according to data complied by LSEG** Expects Q1 revenue i...Reuters
Thu, Feb 20
Other
EU's Kallas warns against Ukraine talks giving in to Russian aggression
Kallas warns appeasing Russia sends dangerous signal to aggressorsKallas says Russia uninterested in peace with UkraineTrump's peace talks with Russia exclude Ukraine, shocking European By Tannur Anders and Nellie Peyton JOHANNESBURG, Feb 20 (Reuters) - European Union foreign policy chief Kaj...Reuters
Thu, Feb 20
Commodities
MP Materials' fourth-quarter loss widens on higher production costs
Feb 20 (Reuters) - Rare earths producer MP Materials MP.N said on Wednesday its fourth-quarter loss widened due in part to higher production costs for the refining of the minerals. The Las Vegas-based company reported a net loss for the period ended December 31 of $22.3 million, or 14 cents per s...Reuters
Thu, Feb 20
Other
Robert De Niro makes TV debut in 'Zero Day,' but hesitant on future TV roles
By Alicia PowellNEW YORK, Feb 20 (Reuters) - After a six-decade-long career, "Taxi Driver" actor Robert De Niro is starring in his first television series - but he is not convinced he would do it again."I don't know. It's a lot of work. It's like doing three features back to ...Reuters
Thu, Feb 20
Cryptocurrencies
Block's profit jumps on robust consumer spending
Feb 20 (Reuters) - Payments firm Block XYZ.N reported higher fourth-quarter profit on Thursday, buoyed by robust consumer spending during the holiday season. Net income attributable to its common stockholders was $1.95 billion, or $3.05 per share, for the three months ended December 31, compared ...Reuters
Thu, Feb 20
Other
Citigroup joins corporate retreat from diversity initiatives
Adds context on DEI criticism in paragraphs 3-5, Fraser's quote in paragraph 6 Feb 20 (Reuters) - Citigroup C.N will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo on Thursday, as corporate America contends with a new business climate under Presiden...Reuters
Thu, Feb 20
Commodities
Newmont beats fourth-quarter profit estimate
Feb 20 (Reuters) - Newmont NEM.N beat analysts' estimate for fourth-quarter profit on Thursday, as the world's biggest gold miner benefited from a rally in bullion prices.On an adjusted basis, the company earned $1.40 per share for the quarter ended December 31, compared with analysts' a...Reuters
Thu, Feb 20
Other
Exclusive: Axa XL NA programs CUO Bressette exits and replaced by Americas chief actuary Rees
By James ThalerFeb 20 - (The Insurer) - Axa XL’s CUO for North America programs Chris Bressette is exiting the company and will be replaced in the role by chief reserving actuary in the region Simon Rees, who is set to take over the post on 1 April and report to Americas head of wholesale Tim Whisle...Reuters
Thu, Feb 20
Other
Rivian forecasts dour deliveries as demand hits speed bump
By Akash Sriram Feb 20 (Reuters) - Rivian RIVN.O forecast an unexpected drop in deliveries for the year as higher borrowing costs and growing preference for gasoline-electric hybrid vehicles temper demand for its more expensive electric pickup trucks and SUVs.The company, however, reported its fi...Reuters
Thu, Feb 20
Other
Nubank posts 87% increase in fourth-quarter adjusted profit
SAO PAULO, Feb 20 (Reuters) - Brazilian digital lender Nubank NU.N posted on Thursday an 87% increase in its fourth-quarter adjusted net profit from a year earlier. Nubank, which is listed on the New York Stock Exchange through Nu Holdings NU.N, reported an adjusted net profit of $610 million for th...Reuters
Thu, Feb 20
Other
MercadoLibre's fourth-quarter net profit beats forecast
SAO PAULO, Feb 20 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O posted on Thursday a better-than-expected quarterly net profit, up nearly four-fold from the same period a year earlier.MercadoLibre, Latin America's largest company by market value, said its net income for the Oct...Reuters
Thu, Feb 20
Other
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
Adds details from report, background in paragraphs 4-6 Feb 20 (Reuters) - Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group 9988.HK to roughly $1 billion in recent months, the Wall Street Journal reported on Thursday, citing people familiar wit...Reuters
Thu, Feb 20
Stocks
Montrose Environmental Group Announces the Appointment of Vincent Colman to Board of Directors and Audit Committee
LITTLE ROCK, Ark., Feb. 21, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE: MEG), a global environmental solutions company, announced the appointment of Mr. Vincent Colman to its Board of Directors and Audit Committee effective February 19, 2025. "The addition of Mr. Colm...PR Newswire
Thu, Feb 20
Stocks
US STOCKS-Wall St ends lower as weak Walmart guidance prompts consumer demand worries
US-listed shares of Alibaba gain after Q3 revenue beatBaxter International jumps on consensus-beating estimatesPalantir Technologies drops on potential Pentagon budget cutsUpdates to market closeBy Stephen Culp NEW YORK, Feb 20 (Reuters) - U.S. stocks sold off on Thursday as ongoing tariff jitter...Reuters
Thu, Feb 20
Cryptocurrencies
ADA Price Prediction: Latest Cardano News As $0.01 Rival Altcoin Becomes February’s Top Crypto to Buy
Cardano (ADA) is gaining attention after Grayscale filed for a spot ADA ETF, signaling institutional interest. This pushed cardano to $0.81, though it now trades at $0.74. Analysts predict ADA could reach $1.78 soon, with long-term targets between $3.11 and $3.30 if adoption grows. At the same time, Mutuum Finance (MUTM) is emerging as a […]Cryptopolitan
Thu, Feb 20
Other
US airlines challenge Biden wheelchair passenger protection rule
WASHINGTON, Feb 20 (Reuters) - Major U.S. airlines and a trade association have challenged a Biden administration rule issued in December requiring new consumer protections for disabled passengers using wheelchairs.United Airlines UAL.O, Delta Air Lines DAL.N, American Airlines AAL.O, Southwest Airl...Reuters
Thu, Feb 20
