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Veeva Systems Q4 Revenue Leaps 14.3%
Veeva Systems (NYSE:VEEV), a provider of cloud solutions for the life sciences sector, reported fiscal 2025 fourth-quarter earnings on Wednesday, March 5, that topped analysts' consensus expectations. Adjusted EPS of $1.74 outperformed estimates of $1.58. Revenue reached $720.9 million, exceeding an...The Motley Fool
Wed, Mar 5
Zscaler raises annual results forecast on growing demand
March 5 (Reuters) - Zscaler ZS.O raised its fiscal 2025 revenue forecast on Wednesday, signaling increasing demand for its cloud-based cybersecurity services.Shares of the California-based company rose 6% in extended trading.Enterprises continue to spend on AI-powered comprehensive cybersecurity ser...Reuters
Wed, Mar 5
MongoDB slides after downbeat annual revenue, profit forecasts
** Shares of software company MongoDB MDB.O down 15.8% to $222.50 in extended trade** MDB forecasts FY26 revenue and adjusted EPS below Wall Street expectations ** Dour forecast overshadows Q4 results beat** Company says forecast assumes non-Atlas revenue will decline in high-single digits ** Atlas ...Reuters
Wed, Mar 5
CANADA STOCKS-TSX rallies as Canada gains some tariff relief
TSX ends up 1.2% at 24,870.82Materials group adds 3.4% as copper jumpsMagna International shares climb 6.9%Bombardier jumps nearly 10%By Fergal Smith March 5 (Reuters) - Canada's main stock index rebounded from a seven-week low on Wednesday, led by gains for metal mining and consumer discreti...Reuters
Wed, Mar 5
Sleep Number falls after Q4 results
** Shares of home furnishings company Sleep Number SNBR.O fall 5.5% to $12.18 in extended trading** Company posts Q4 net sales of $377 million compared with $429.52 million a year earlier** SNBR's Q4 net loss narrows to $5 million compared with a net loss of $25.2 million for the same period las...Reuters
Wed, Mar 5
Zscaler rises after upbeat annual results forecast
** Shares of cloud security firm Zscaler ZS.O rise 6.2% to $208.7 in extended trading** ZS forecasts FY25 revenue between $2.64 billion and $2.654 billion, above analysts' estimates of $2.64 billion, according to data compiled by LSEG ** Sees annual adj. EPS between $3.04 and $3.09, compared wit...Reuters
Wed, Mar 5
LIVE MARKETS-Psych! Wall St rallies as tariffs, implemented yesterday, are eased on day two
All three major U.S. stock advance >1% on the dayMaterials lead S&P 500 sector gainers; Energy weakest groupDollar down >1%; crude off ~3%; gold ~flat; bitcoin up >3%US 10-Year Treasury yield rises to ~4.29% Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, Mar 5
US STOCKS-Wall Street ends higher as markets eye easing of trade tensions
CrowdStrike falls on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesIndexes up: Dow +1.14%, S&P 500 +1.12%, Nasdaq 1.46%By Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5 (Reuters) - W...Reuters
Wed, Mar 5
Why Oil and Gas Giants ExxonMobil, Chevron, and ConocoPhilips Were Down Today on an Up Day for the Market
Shares of oil and gas majors ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) were all trailing the market today, falling 3.6%, 2.8%, and 4.2% at their lows, before recovering to declines of 3%, 1.9%, and 3%, respectively, as of 12:51 p.m. ET.The declines stood in contrast...The Motley Fool
Wed, Mar 5
Why Chinese Stocks Futu, GDS Holdings, and New Oriental Education & Technology Rose Today
Chinese stocks ripped higher today, as the Chinese government issued its gross domestic product (GDP) target for 2025 and detailed forthcoming stimulus it plans to inject into the country's ailing economy. Hong Kong's Hang Seng index rose 2.8%.Shares of Futu Holdings (NASDAQ: FUTU) traded 12% higher...The Motley Fool
Wed, Mar 5
Oramed Pharmaceuticals Inc expected to post a loss of 2 cents a share - Earnings Preview
Oramed Pharmaceuticals Inc ORMP.OQ ORMP.O is expected to show no change in quarterly revenue when it reports results on March 7 (estimated) for the period ending December 31 2024LSEG's mean analyst estimate for Oramed Pharmaceuticals Inc is for a loss of 2 cents per share. The one available an...Reuters
Wed, Mar 5
Palantir Jumped Today. Is the Artificial Intelligence (AI) Stock a Buy
Palantir (NASDAQ: PLTR) stock rose nearly 7% in Wednesday's trading. The artificial intelligence (AI) software leader's share price was climbing following news that new 25% tariffs on automobiles imported from Mexico and Canada will be delayed a month. The tariffs could cause major pricing increases...The Motley Fool
Wed, Mar 5
US STOCKS-Wall Street ends higher as markets eye easing of trade tensions
CrowdStrike dips on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesBy Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5 (Reuters) - Wall Street's main indexes finished higher in choppy t...Reuters
Wed, Mar 5
GLOBAL MARKETS-Stocks climb as Trump to delay some auto tariffs; euro up
U.S. stocks more than 1% higherBeijing retains growth target of 5%, lines up more stimulusOil falls after US crude stock buildBy Caroline Valetkevitch NEW YORK, March 5 (Reuters) - Stocks were up sharply on Wednesday after U.S. President Donald Trump agreed to delay tariffs for one month on some ...Reuters
Wed, Mar 5
Why Palantir Technologies Stock Rallied on Wednesday
Palantir Technologies (NASDAQ: PLTR) stock charged higher on Wednesday, climbing as much as 6.8%. As of 3:21 p.m. ET, the stock was still up 6%.The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was a little love from Wall Street.Where to invest $1,000...The Motley Fool
Wed, Mar 5
EXCLUSIVE-Fraud prevention software firm Riskified explores sale, sources say
By David French and Milana VinnNEW YORK, March 5 (Reuters) - Riskified RSKD.N, a provider of software that helps prevent e-commerce fraud, is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter.New York-based Riskified, which t...Reuters
Wed, Mar 5
Why Lumen Stock Is Gaining Today
Lumen (NYSE: LUMN) stock is climbing higher in Wednesday's trading, thanks to favorable demand indicators and momentum for the broader market. The telecommunications technologies company's share price was up 6.8% as of 2:45 p.m. ET. At the same point in time, the S&P 500 (SNPINDEX: ^GSPC) was up 1.1...The Motley Fool
Wed, Mar 5
EMERGING MARKETS-Latam markets jump on hopes of US tariff relief after Trump floats exemptions
Trump exempts some autos from tariffs for one month Chile's at over four-month highLatam stocks set to snap eight session losing runLatam FX, stocks indexes jump over 2% eachBy Shashwat Chauhan and Purvi Agarwal March 5 (Reuters) - Latin American markets soared on Wednesday, with Mexico's...Reuters
Wed, Mar 5
Natgas companies rise on Canada tariffs worries, record LNG flows
** Shares of U.S. natural gas companies rise, tracking natgas futures NGA/** U.S. natgas futures NGc1 up 2.2%, at $4.44 per million British thermal units (mmBtu), their highest close since December 2022 for a second consecutive day in a row** Natural gas prices rise on record flows to liquefied natu...Reuters
Wed, Mar 5
Daktronics Inc reports results for the quarter ended January 31 - Earnings Summary
Daktronics Inc DAKT.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of three analysts for the quarter was for earnings of 8 cents per share. Wall Str...Reuters
Wed, Mar 5
Why FMC Stock Surged Today
President Donald Trump is all set to impose tariffs on agricultural products on April 2, while China and Canada have already announced retaliatory tariffs on several items, including food and farm products. Yet, shares of FMC Corp (NYSE: FMC), which calls itself an agricultural sciences company and ...The Motley Fool
Wed, Mar 5
Medallion Financial jumps after Q4 profit beat
** Shares of specialty finance company Medallion Financial MFIN.O jump as much 11.1%; last up 8.3% at $8.85** Late Tuesday, MFIN reported Q4 profit above Wall Street expectations, its first earnings beat since Q1 2024** Co, during the quarter, also reached a $3 million settlement agreement with the ...Reuters
Wed, Mar 5
WRAPUP 3-US services sector expands; price growth accelerates amid tariffs
Services PMI increases 0.7 point to 53.5 in FebruaryPrices paid, new orders, employment measures riseTariffs, federal government spending cuts causing anxietyPrivate payrolls rise 77,000, smallest gain since JulyBy Lucia Mutikani WASHINGTON, March 5 (Reuters) - U.S. services sector growth unexpec...Reuters
Wed, Mar 5
Auto stocks rise as Trump exempts some automakers from tariffs
** Shares of U.S. automakers recover ground after selloff in Tuesday's session** President Donald Trump agreed to a one-month delay on tariffs for some vehicles built in North America as long as they comply with the terms of an existing free trade agreement, the White House said on Wednesday** T...Reuters
Wed, Mar 5
Why AeroVironment Stock Is Plummeting Today
Shares of AeroVironment (NASDAQ: AVAV) are falling on Wednesday. The company's stock had lost 4.4% as of 2:05 p.m. ET but was down as much as 22.4% earlier in the day. The drop comes as the S&P 500 gained 0.7% and the Nasdaq composite gained 0.9%.The defense contractor reported earnings yesterday th...The Motley Fool
Wed, Mar 5