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Why Fastly Stock Is Plummeting Today
Fastly (NYSE: FSLY) stock is sinking rapidly in Thursday's trading. The edge-computing specialist's share price was down 22.1% as of noon ET despite the S&P 500 index being up 0.5% and the Nasdaq Composite being up 0.8% at the same time. The stock had been down as much as 25.9% earlier in the sessio...The Motley Fool
Thu, Feb 13
Commodities
Italy's Intesa Sanpaolo adds to list of banks shunning Papua LNG project
Environmental campaigners are targeting potential lenders of Papua LNGMajor Australian, French, Italian banks have pledged not to finance projectChinese banks increasingly involved as Western lenders shun oil and gasLong-delayed Final Invest Decision to come in late 2025 at earliestBy America Hernan...Reuters
Thu, Feb 13
Commodities
AEP mulls $10 billion boost to five-year capex plan on data center demand
Recasts to focus on possible increase to capital investment plan, adds executive quotes Feb 13 (Reuters) - American Electric Power AEP.O on Thursday said it was considering adding $10 billion to its record $54 billion five-year capital plan as demand for data centers ramps up in the U.S. electric...Reuters
Thu, Feb 13
Economic Indicator
WRAPUP 2-US producer inflation trends higher; labor market remains stable
Adds details from reports, analyst comments throughoutProducer prices increase 0.4% in JanuaryDecember rise in the PPI revised up to 0.5% from 0.2%Producer prices gain 3.5% year-on-yearWeekly jobless claims fall 7,000 to 213,000Continuing claims decrease 36,000 to 1.850 millionBy Lucia Mutikani W...Reuters
Thu, Feb 13
Commodities
Europe Gasoline/Naphtha-Gasoline margins fall sharply
LONDON, Feb 13 (Reuters) - Northwest European gasoline refining profit margins fell by about $1.50 on Thursday to $8.99 a barrel even as regional inventories tumbled, as slow demand weighed.A total of 14,000 metric tons of E5 gasoline traded, as TotalEnergies sold barges to BP, Varo, Vitol and Maban...Reuters
Thu, Feb 13
Commodities
US Senate confirms Brooke Rollins to lead the USDA
Feb 13 (Reuters) - The U.S. Senate on Thursday voted to confirm Brooke Rollins, a longtime ally of President Donald Trump and former White House policy advisor who has expressed doubt about climate change, to lead the U.S. Department of Agriculture.Rollins will head an agency that oversees farm prog...Reuters
Thu, Feb 13
Stocks
Ceva: Q4 Revenue Beats Forecasts
Signal processing specialist Ceva (NASDAQ:CEVA) reported fourth-quarter results on Thursday, Feb. 13, that matched or exceeded analysts' consensus expectations. Total revenue of $29.2 million outperformed analysts' forecasts of $27 million while adjusted earnings per share (EPS) stood at $0.11, in l...The Motley Fool
Thu, Feb 13
Commodities
US Navy aircraft carrier collides with vessel near Egypt, in stable condition
Add details, background in paragraph 2, 5-7WASHINGTON, Feb 13 (Reuters) - A U.S. Navy aircraft carrier collided with a merchant vessel near Egypt, the U.S. military said on Thursday, though the nuclear-powered carrier was stable and there were no injuries.The United States military currently has 11 ...Reuters
Thu, Feb 13
Other
State Farm General tells CDI it expects $6.85bn loss from CA wildfires
By David BullFeb 13 - (The Insurer) - State Farm General Insurance Company has disclosed to the California Department of Insurance in an emergency rate filing that its current estimate for losses from the recent wildfires totals around $6.85bn across 7,274 claims.According to S&P Capital IQ anal...Reuters
Thu, Feb 13
Other
European companies cut jobs as economy slows
Adds paragraphs on Continental, Porsche, Adidas, Sainsbury's, TESCO, Commerzbank, KLM, Neste, Tele2, Adds detail on AkzoNobel Feb 13 (Reuters) - Difficult economic conditions and persistently weak demand for many products have led companies across Europe to freeze hiring or cut jobs.Here are ...Reuters
Thu, Feb 13
Commodities
DTE Energy raises capex plan, fourth-quarter profit falls on lower rates
Adds details from conference call in paragraphs 1 to 5, adds shares in paragraph 6By Vallari Srivastava and Pooja Menon Feb 13 (Reuters) - DTE Energy DTE.N raised its five-year capital expenditure plan by $5 billion on Thursday, after posting a fall in fourth-quarter profit as the utility took...Reuters
Thu, Feb 13
Stocks
Sun Life shares sink after profit disappoints, warns of US challenges
TORONTO, Feb 13 (Reuters) - Sun Life Financial's SLF.TO shares fell 9% on Thursday after the Canadian insurer reported quarterly profit below analysts' estimates and warned its U.S. business would face challenges in 2025.The company said its U.S. business faced industry-related difficulties,...Reuters
Thu, Feb 13
Stocks
BUZZ-Lithium miner Albemarle rises after reporting quarterly profit
** Shares of lithium miner Albemarle ALB.N up 1% at $77.32** ALB reports a profit in Q4 compared to a loss last year, as cost-cutting measures helped offset lower prices** Company reports Q4 net income of $33.6 million compared to a loss of $617.7 million a year ago** Albemarle expects to spend $700...Reuters
Thu, Feb 13
Cryptocurrencies
Pundit Sounds Major Crash Alarm For XRP Price As ’12-Year Cycle’ Comes To An End
XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open. Nonetheless, the majority of crypto investors remain b...NewsBTC
Thu, Feb 13
Stocks
Iron Mountain (IRM) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Iron Mountain (NYSE: IRM)Q4 2024 Earnings CallFeb 13, 2025, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Iron Mountain fourth-quarter 2024 earnings conference call. [Operator ...The Motley Fool
Thu, Feb 13
Stocks
Datadog (DDOG) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Datadog (NASDAQ: DDOG)Q4 2024 Earnings CallFeb 13, 2025, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and thank you for standing by. Welcome to the Q4 2024 Datadog earnings conference call. At this...The Motley Fool
Thu, Feb 13
Commodities
Power Up: Trump's Ukraine gambit stirs gas market
Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here. Feb 13 - By Ron Bousso, Energy ColumnistHi everyone! Ron Bousso here. I recently joined the Reuters commentary team as Energy Columni...Reuters
Thu, Feb 13
Other
Norway may need to let $1.8 trillion sovereign fund take stakes in arms makers, says central bank chief
By Gwladys Fouche OSLO, Feb 13 (Reuters) - Policymakers in Norway should be open to the idea that the country's $1.8 trillion wealth fund be allowed to invest in weapons makers that are currently banned from its portfolio on ethical grounds, the central bank chief said on Thursday.The fund fo...Reuters
Thu, Feb 13
Cryptocurrencies
US crypto miners struggle with equipment delays because of Trump
Bitcoin mining operations across the United States are stalled as thousands of mining rigs sit locked in customs warehouses due to a blacklist targeting Bitman, a major Chinese supplier that makes 90% of all Bitcoin mining rigs. The delays are hitting public mining companies, private companies, and independent operators, cutting profits and threatening mining efficiency. […]Cryptopolitan
Thu, Feb 13
