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Why AST SpaceMobile Stock Crashed 9% on Wednesday
AST SpaceMobile (NASDAQ: ASTS) stock crashed to Earth on Wednesday, falling 9.3% through 9:55 a.m. ET, while rival satellite company Globalstar (NYSEMKT: GSAT) lost a staggering 27% of its market cap.Shares of both direct-to-cell (DTC) satellite communications pioneers tumbled on news that their big...The Motley Fool
Wed, Jan 29
Hess Exceeds Q4 EPS, Revenue Forecasts
Oil and natural gas exploration and production specialist Hess (NYSE:HES) reported fourth-quarter and full-year 2024 earnings on Wednesday, Jan. 29, that topped analyst consensus estimates. Stronger-than-expected adjusted EPS came in at $1.76 while revenue and non-operating income reached $3.23 bill...The Motley Fool
Wed, Jan 29
BUZZ-MSCI falls as Q4 profit declines
** Shares of index provider MSCI MSCI.N fall 8.4% to $575.06 in morning trading** Co's Q4 profit drops to $3.90 per share vs $5.07 per share, a year ago ** MSCI's quarterly operating revenue rises 7.7% to $743.5 mln, while operating expenses increase 5.9% to $338.3 mln** In Q4 2023, MSCI rec...Reuters
Wed, Jan 29
CANADA STOCKS-TSX rises to near seven-week high after Bank of Canada's rate cut
Updates with market opening pricesBy Ragini Mathur Jan 29 (Reuters) - Canada's main stock index rose on Wednesday led by mining shares, as investors cheered the Bank of Canada's decision to cut interest rates by a quarter percentage point.The Toronto Stock Exchange's S&P/TSX compo...Reuters
Wed, Jan 29
BUZZ-Mercury General falls after Wolfpack Research reveals short position
** Shares of Los Angeles-based insurer Mercury General MCY.N fall as much as 4.3%; last down 2.4% at $48.74** Wolfpack Research says it is shorting MCY, claiming that the firm's California subsidiary is "deep underwater" as it estimates more than $2 bln in losses following the Los Angele...Reuters
Wed, Jan 29
BUZZ-Monro shares crash to lowest since 2009 after results miss expectations
** Shares of automotive repair and tire retailer Monro Inc MNRO.O among biggest S&P 1500 index .SPSUP losers on Weds after fiscal Q3 results miss consensus** MNRO shares drop as much as 11.9% to $19.39, lowest since Dec 2009. Stock last down 8.1% at $20.24** Fairport, New York-based firm posts a...Reuters
Wed, Jan 29
Lennox International Inc reports results for the quarter ended December 31 - Earnings Summary
Lennox International Inc LII.N reported quarterly adjusted earnings of $5.60 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.63. The mean expectation of nineteen analysts for the quarter was for earnings of $4.23 per share. ...Reuters
Wed, Jan 29
BUZZ-Packaging Corp of America falls on Q4 profit miss
** Shares of Packaging Corp of America PKG.N fell as much as 7.8% to a nearly three-month low of $219.93** Co, on Tuesday after market close, reported Q4 profit that missed analysts' estimates, hurt by seasonally slower demand from its paper products segment** Q4 adj EPS $2.47 vs. estimates of $...Reuters
Wed, Jan 29
BUZZ-Nextracker surges after profit forecast raise
Updates** Solar tracking equipment maker Nextracker's NXT.O shares jump 23.9% to $49.12 - set for its biggest one-day percentage rise since Oct. 31, if gains hold** NXT raises FY25 adjusted EPS forecast to between $3.75 and $3.95 from previous range of $3.10-$3.30** Co reports Q3 adjusted EPS of...Reuters
Wed, Jan 29
BUZZ-Scotts Miracle-Gro rises on smaller quarterly loss
** Lawn and garden care chemical maker Scotts Miracle-Gro's SMG.N shares rise 3.66% to $78.50** Co posts smaller Q1 adjusted loss of $0.89 per share vs loss of $1.45 per share last year** Reports Q1 sales of $416.8 mln, up from $410.4 mln a year ago** Reaffirms adjusted fiscal 2025 guidance** Sa...Reuters
Wed, Jan 29
BUZZ-Energy Fuels up on uranium ore transport deal with Navajo Nation
** Shares of miner Energy Fuels UUUU.A rise 3.5% to $5.46** Company and indigenous peoples' body Navajo Nation sign agreement for governing uranium ore transport along federal and state highways crossing the Navajo Nation** Ore transport from the company's Pinyon Plain Mine in northern Arizo...Reuters
Wed, Jan 29
Ted Sarandos Just Delivered Fantastic News for Netflix Investors
It can be difficult to find great stocks. After all, there are more than 4,000 public companies listed on just the New York Stock Exchange and the Nasdaq.But occasionally, you come across a stock that is simply too good to ignore.Where to invest $1,000 right now? Our analyst team just revealed what ...The Motley Fool
Wed, Jan 29
LIVE MARKETS-US stocks subdued in early trade ahead of Fed, big earnings
Dow edges up; S&P 500, Nasdaq dipUtilities lead S&P 500 sector gainers; Tech weakestEuro STOXX 600 index up ~0.7%Dollar up; bitcoin gains ~2%; gold, crude slipU.S. 10-Year Treasury yield edges down to ~4.53%Welcome to the home for real-time coverage of markets brought to you by Reuters repor...Reuters
Wed, Jan 29
Devon Energy: Buy, Sell, or Hold?
Devon Energy (NYSE: DVN) is a fairly easy company to understand. However, how it fits into a portfolio can be a bit more complicated to figure out. For some investors, it will be a buy, while others will see it as a sell, and a few might like to hold it for the long term. And every single one of the...The Motley Fool
Wed, Jan 29
BUZZ-MSCI falls after lower Q4 profit
** Index provider MSCI's MSCI.N shares fall 6% to $590.55** Company reports 24.3% fall in Q4 profit, hurt by higher costs and tougher comparisons with a year earlier** MSCI's operating revenue rises 7.7% to $743.5 million** Company's operating expenses increase 5.9% to $338.3 million** ...Reuters
Wed, Jan 29
US STOCKS-Apple, Nvidia losses keep S&P 500, Nasdaq flat as Fed's rate verdict looms
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.F5 rises after Q2 revenue forecast tops estimatesT-Mobile jumps after upbeat 2025 subscriber growth forecastDanaher falls after Q4 profit missIndexes: Dow up 0.05%, S&P 500 down 0.26%, Nasd...Reuters
Wed, Jan 29
Is Cloudflare Stock a Buy Now?
Cloudflare (NYSE: NET) stock has been on a red-hot run on the stock market in the past six months. As of this writing, it's gained an impressive 60% thanks to the company's improving growth profile fueled by the adoption of its artificial intelligence (AI)-focused offerings.Known for providing custo...The Motley Fool
Wed, Jan 29
Nasdaq Tops Q4 EPS, Revenue Expectations
Nasdaq (NASDAQ:NDAQ), a leading global technology company and stock exchange operator, reported fourth-quarter 2024 earnings on Wednesday, Jan. 29, that topped analysts' consensus estimates. Adjusted EPS came in at $0.76, surpassing Wall Street expectations of $0.75. Net revenue reached $1.227 billi...The Motley Fool
Wed, Jan 29
BUZZ-Progressive rises on higher Q4 profit
** Shares of property and casualty insurance company Progressive Corp PGR.N up 2.2% at $250.55 in early trade ** PGR reports a 19% rise in its fourth-quarter profit, driven by strong demand for personal auto insurance policies** Quarterly net premiums written rise 20% to $18.11 billion** Net income ...Reuters
Wed, Jan 29
Hop On Board This Dirt Cheap Value Stock to Help Boost Your Passive Income Stream in 2025 and Beyond
Union Pacific (NYSE: UNP) stock jumped 5.2% on Jan. 23 in response to strong fourth-quarter and full-year 2024 earnings and 2025 guidance. Along with Berkshire Hathaway-owned BNSF, Union Pacific dominates railroad shipping lines west of the Mississippi River. Given the limited competition and the va...The Motley Fool
Wed, Jan 29
GLOBAL MARKETS-Wall Street stocks, dollar steady ahead of tech earnings, Fed meeting
Updates to U.S. market openInvestors wait for Fed signals after rollercoaster few daysWall Street indexes little changed; Microsoft, Meta and Tesla results comingEurope hits record high after China AI-driven volatilityCzech central bank wants a bitcoin stash; price ticks upBy Marc Jones and Lawrence...Reuters
Wed, Jan 29
REFILE-BUZZ-Brinker International rises after lifting full-year sales, profit forecasts
Corrects typo in Chili's spelling throughout** Chili's operator Brinker International's EAT.N shares rise 12.99% to $174.70 premarket** Co now forecasts full-year revenue between $5.15 bln and $5.25 bln, from the prior range of $4.70 bln to $4.75 bln ** EAT forecasts full-year adjusted e...Reuters
Wed, Jan 29
Should You Buy Li Auto Stock While It's 50% Below Its All-Time High?
Li Auto (NASDAQ: LI), a manufacturer of plug-in hybrid electric vehicles (PHEVs) and battery-powered electric vehicles (BEVs) in China, went public back in 2020. The stock rallied from its initial public offering price of $11.50 per ADS (American depositary share) to a record high of $46.65 in 2023....The Motley Fool
Wed, Jan 29