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Topic: Stocks (1381)

US Businesses Are Falling Behind When It Comes To Digital Transformation. Δ1.64

US businesses are currently trailing behind the global average in digital transformation maturity, with many organizations still in the early stages of this crucial shift. Significant barriers such as inadequate tools, insufficient employee training, and security vulnerabilities hinder progress, with a majority of companies relying on manual processes rather than automation. The financial implications are stark, as underutilized technology could lead to an estimated $104 million in losses in 2024, highlighting the urgent need for effective digital adoption strategies.

Intel Shares Climb as Nvidia, Broadcom Test Advanced Chip Process Δ1.66

Intel's shares saw a significant increase of approximately 5.7% following reports that Nvidia and Broadcom are assessing its 18A manufacturing process for potential large-scale contracts. This evaluation could lead to substantial financial agreements, potentially worth hundreds of millions of dollars, which would provide a much-needed boost to Intel's contract manufacturing operations. Despite previous testing by Broadcom falling short, the renewed interest from major players in the semiconductor industry indicates a strategic pivot for Intel as it positions itself as a competitor to Taiwan Semiconductor Manufacturing.

Tariffs Storm Clouds Over US Manufacturing Sector Δ1.60

US manufacturing was steady in February but a measure of prices at the factory gate jumped to nearly a three-year high, suggesting that tariffs on imports could soon undercut production. The Institute for Supply Management (ISM) survey showed a slip in its manufacturing PMI to 50.3, indicating growth in the sector, but also highlighted concerns about the impact of tariffs and supply chain issues. A surge in goods trade deficit and decline in homebuilding in January reinforced views that the economy lost significant momentum early in the first quarter.

NYT Connections Hints and Answers for Tuesday, March 4 (Game #632). Δ1.64

The New York Times has provided hints and answers for its Connections puzzle, which challenges players to categorize words into specific groups. Today's puzzle features a range of words, with hints suggesting potential categories including descriptors for skin and characters from Dickens novels. As players engage with the puzzle, they navigate through clues and answers, reflecting on their strategies and experiences.

NYT Strands Hints and Answers for Tuesday, March 4 (Game #366). Δ1.61

The New York Times Strands puzzle for March 4 celebrates its anniversary, featuring a unique theme that ties into the gameplay. Players are provided with specific clues and hints to navigate the challenges of the game, including a spangram that engages them in wordplay. This daily puzzle continues to attract fans with its mix of simplicity and complexity, enhancing the experience of word game enthusiasts.

Palantir's Government Contracts Boost Amid Pentagon Cuts Δ1.60

Palantir has announced a significant contract win with the U.S. government, marking a major victory for the company in a period of reduced defense spending. The recent selloff in Palantir stock was misguided due to the company's "unique software value proposition," according to analysts, who predict that initiatives by Elon Musk's Department of Government Efficiency will actually boost demand for Palantir's services. With many existing contracts at high priority and not at risk of getting cut, Palantir stands to gain from the Trump administration's focus on AI.

BYD Seeks $5.2 Billion in Biggest HK Share Sale Since 2021. Δ1.61

BYD Co., China's largest electric vehicle maker, is raising as much as HK$40.7 billion ($5.2 billion) in the largest share sale in Hong Kong nearly four years. The company aims to capitalize on its strong performance, with record sales and a surge in shares since January. BYD plans to use the funds for global expansion, including localizing production to bypass tariffs.

Trump Relieves Crypto Slump with New Promises About US Reserve Δ1.61

Donald Trump was able to reverse the first slump in digital assets since he took office with some new promises about a US strategic reserve of cryptocurrencies. The president said Sunday in a social media post on Truth Social that such a reserve would include bitcoin, ether, XRP, solana, and cardano. He had not previously spelled out which digital assets would be included.

Jim Cramer Discusses Market Selloffs and Palantir Technologies Δ1.71

Jim Cramer expressed his frustration over deliberate late-day market selloffs, suggesting they are orchestrated attempts to drive stock prices down artificially. He highlighted that such maneuvers coincide with the cessation of company buybacks, implying a tactical advantage for those wanting to lower market valuations. Cramer also touched on the underperformance of major tech stocks, indicating that market dynamics are being influenced by broader trading strategies and institutional behaviors.

Dell Boosts Dividends by 18%, $10 Billion Buyback Program Launches Δ1.64

Dell is set to reward shareholders as it hikes its annual dividend by 18% to $2.10 per share and unveils an additional $10 billion share buyback program, demonstrating management's confidence in the company's future free cash flow amid evolving market dynamics. The announcement follows strong Q4 revenue growth, driven by a 7.2% increase in Infrastructure Solutions Group sales, largely fueled by growing demand for AI servers. This strategic move aims to maintain shareholder value and boost investor sentiment.

Turnaround Efforts at Best Buy Face Uncertainty Amid Tariff Concerns Δ1.61

Best Buy is attempting to turn around a three-year decline in sales growth, but the Street is not convinced the results are coming just yet. Same-store sales is estimated to decrease 1.45% "as a result of macroeconomic stress on spending for discretionary goods, especially big-ticket items," according to Telsey Advisory Group's Joe Feldman. This would be the 13th consecutive quarter of negative same-store sales growth.

Wall Street Declines After February Manufacturing Data Δ1.62

Wall Street's main stock indexes declined on Monday, reversing premarket gains after data showed that new orders at U.S. factories fell in February, suggesting concerns that President Donald Trump's tariffs could pressure production. The ISM survey showed manufacturing was steady in February, but a measure tracking forward-looking new orders contracted to 48.6 last month from 55.1 in January. Recent reports of softening consumer demand have spurred fears of a slowdown as markets prepare for higher inflation once the Trump administration's tariff policies take full effect.

Palantir Gains Premarket as Wedbush Sees Government Contract Momentum Δ1.65

Palantir Technologies is gaining momentum after analysts at Wedbush Securities reiterated its Outperform rating, citing potential gains in government contracts and IT budget allocations. The company's expertise in artificial intelligence-driven technologies has aligned well with the efficiency-driven projects of the U.S. Department of Defense. Palantir's involvement in high-priority military programs less likely to be subject to budget cuts positions the business to grab a bigger portion of IT contracts.

Why Tesla Stock Still Has a Fan in Cathie Wood Δ1.66

Tesla bull Cathie Wood is sticking with the electric vehicle maker after a rough February. The big valuation unlock, in her view, is Tesla releasing robotaxis across the country. Tesla shares are down 27% year to date and are the worst-performing component of the "Magnificent Seven" stocks — which also include Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Google (GOOG), Microsoft (MSFT), and Meta (META).

Top 10 Things to Watch in the Stock Market Monday Including Bitcoin and Tesla Δ1.70

Stocks are poised for a higher open Monday, building off Friday's rally as investors watch for President Donald Trump's tariffs on Mexican and Canadian imports set to go into effect tomorrow. The announcement is receiving some pushback for not solely being a bitcoin fund, with analysts praising the inclusion of XRP and ether in the strategic crypto reserve. Shares of Tesla added around 3% this morning following Morgan Stanley's upgrade of the stock to top pick in U.S. autos.

Defense Stocks Lift European Markets Higher; Hensoldt Jumps 29% Δ1.68

European markets experienced an upswing as defense stocks surged following high-level talks among regional leaders regarding military spending and support for Ukraine. The Stoxx Europe aerospace and defense index rose by 8%, marking its best session in five years, with notable gains for companies like Hensoldt, which saw a 29% increase. This rally reflects a broader trend of escalating defense budgets driven by geopolitical tensions, particularly in the context of the ongoing conflict in Ukraine.

Ramp Secures $13 Billion Valuation in Deal Allowing Employees and Investors to Sell Shares Δ1.69

The recent deal allowing some employees and early investors to cash out shares values Ramp at $13 billion, marking a significant increase from its peak valuation of $8.1 billion in 2022. The financing round, which included Khosla Ventures, Thrive Capital, and General Catalyst, demonstrates renewed investor appetite for high-growth startups despite higher interest rates. By selling shares, employees and investors can reduce their need to raise new capital, potentially alleviating pressure on companies to go public.

Understanding How HackersPulse Identifies Engineering Bottlenecks Δ1.62

HackerPulse is developing dashboards that aggregate data from various engineering tools to help enterprises identify productivity bottlenecks and optimize their engineering teams. The platform aims to provide visibility into how engineers spend their time, allowing managers to address inefficiencies and improve team performance. HackerPulse's tool integrates with popular developer tools like GitHub and GitLab, providing a comprehensive view of an engineering team's activities.

Speculators Mount Record Bet on Rising Japanese Yen, Eyeing Further Rate Hikes Δ1.61

Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an abrupt reversal from huge bets against the currency last year. The yen has strengthened by 4% this year as stronger inflation data has pointed to more rate hikes, calling into question the once hugely popular yen carry trade. Growing expectations that the Bank of Japan will keep hiking interest rates have been boosted by stronger-than-expected inflation data and comments from BOJ officials.

Rising Japanese Yen Sees Record Bet From Speculators Δ1.61

Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an abrupt reversal from huge bets against the currency last year. The yen has strengthened by 4% this year as stronger inflation data has pointed to more rate hikes, calling into question the once hugely popular yen carry trade. Growing expectations that the BOJ will keep hiking interest rates have been boosted by stronger-than-expected inflation data and comments from BOJ officials.

Brazilians Find SOLACE in Bonds as Trump Ramps Up Tariff Threats Δ1.61

Brazil's government bonds are gaining popularity among investors due to their unique characteristics and relatively low correlation with global markets. The bond market is driven by idiosyncratic factors such as fiscal policy and inflation outlook, making it an attractive option for those seeking diversification. Brazil's 10-year government bond yield currently stands at 15.267%, marking a significant jump compared to the same period last year.

Lunar Landscape Shifting: Private Companies Chart New Course for Space Exploration Δ1.61

Firefly Aerospace has successfully landed its Blue Ghost lunar lander on the Moon's surface, marking a significant milestone in private space exploration. The achievement demonstrates the capabilities of commercial companies to undertake complex space missions, paving the way for further developments in the industry. Firefly's success is a testament to the growth and maturity of the private space sector.

US President to Make Investment Announcement Δ1.63

The White House announced that U.S. President Donald Trump will make an investment announcement, but details about the nature of this investment or which company is involved are scarce. While no further information was provided, reports have suggested that Trump's latest move may be related to his business interests and ties with the private sector. The decision comes at a time when the economy has shown signs of growth and investor sentiment remains positive.

Here Are Monday's Biggest Analyst Calls: Apple, Nvidia, Tesla, Chipotle, Deere, Wingstop, Anheuser-Busch Δ1.68

Analysts have issued significant ratings on several high-profile companies, including Apple, Nvidia, and Tesla, reflecting both optimism and caution in the technology and consumer sectors. Notably, Apple received a bullish outlook as demand for its products remains strong, while Nvidia's stock is buoyed by its dominance in AI technology. In contrast, Chipotle and Wingstop face mixed sentiments from analysts due to concerns over pricing strategies and competition in the fast-casual dining market.

Stocks Making the Biggest Moves Pre-Market: Tesla, Southwest Airlines, Coinbase, Capri and More Δ1.70

Tesla's stock price is surging after a strong earnings report, with some analysts predicting that the company's electric vehicle sales will continue to drive growth. The company's focus on sustainable energy solutions has also been credited with its success in navigating the challenges of the rapidly changing automotive industry. As a result, investors are optimistic about Tesla's prospects for long-term growth.

CrowdStrike Earnings: What To Look For From CRWD Δ1.62

CrowdStrike is set to announce its earnings results, with analysts expecting a year-on-year revenue growth of 22.3% to $1.03 billion. The company's recent performance has been mixed, having beaten revenue expectations last quarter, yet it has missed Wall Street estimates three times in the past two years. As the cybersecurity sector grapples with varying results, CrowdStrike's performance will be closely watched to gauge its position in a competitive market.

Tesla Reinstated as Top Pick; Analysts Predict 50% Upside Potential Δ1.63

Morgan Stanley has designated Tesla as its top automotive pick, projecting a price target of $430 that suggests a potential upside of over 50% for investors. The firm emphasizes Tesla's transition from traditional vehicle manufacturing to a broader focus on artificial intelligence and robotics, highlighting the substantial market growth opportunities in these sectors. Analysts believe that Tesla's innovations, particularly in humanoid robotics and energy solutions, position the company for significant long-term success despite projected declines in its Chinese market share.

Jim Cramer Says ‘People Were Worried About The MicroStrategy Incorporated (MSTR) Convert’ Δ1.66

MicroStrategy Incorporated's late selloffs have sparked Jim Cramer's concern, as he believes the market was artificially manipulated to send prices down. Cramer thinks there's no logical reason for such a deliberate attempt, making it likely that someone wanted to bring the market down. The timing of the selloffs coincides with the end of the quarter, suggesting that buyers might be trying to cover their positions.

Intel Stock Jumps as Nvidia and Broadcom Test Advanced 18A Process Δ1.67

Intel's shares surged more than 6% ahead of the opening bell on Monday following news that technology industry leaders Nvidia and Broadcom have started testing Intel's 18A process manufacturing capabilities. Technical evaluations indicate a future expansion of major production orders to potentially bring vital revenue to Intel's foundry business, which has been struggling. The tests are seen as an initial demonstration of faith in Intel's next-generation production technologies among competing companies.

The Market's March Meltdown: Policy Noise Weighs on Confidence Δ1.70

The stock market is entering March facing economic jitters and intense policy noise that's denting confidence. Investors are becoming increasingly nervous as the Federal Reserve's interest rate decisions continue to impact markets, and policymakers' comments add fuel to the fire. The recent late-February flop has left a lasting impact, with many expecting a more volatile ride ahead.

Rising Defense Spending Sparks Global Bond Market Selloff Δ1.62

(Bloomberg) -- Bond yields jumped on Monday as investors prepared for a surge in government borrowing to fund defense following weekend talks among European leaders on how to support Ukraine. The prospect of more European defense spending has been growing in recent weeks, and gained new urgency following a contentious meeting between US President Donald Trump and Ukraine’s Volodymyr Zelenskiy on Friday. Over the weekend, leaders from across the continent gathered in London to hammer out new pledges for military investment and recommit to Ukraine’s.

Bitcoin Jumps Nearly $14,000 in Three Days on Trump's Crypto Reserve Announcement Δ1.61

Bitcoin's value surged nearly $14,000 in three days after President Donald Trump teased new details about a strategic bitcoin reserve, sparking hope among investors that the U.S. administration will adopt crypto-friendly policies. The announcement of the reserve, which includes multiple cryptocurrencies beyond bitcoin, led to a rally in cryptocurrency prices, with some smaller coins experiencing double-digit gains. Investors are now waiting for further details on the reserve plans, which may determine how long the price increase will last.

Morgan Stanley Upgrades Chipotle Stock Rebound Δ1.65

Morgan Stanley has upgraded its rating of Chipotle Mexican Grill to overweight, citing the company's strong brand momentum and potential for a stock rebound after a rough start to 2025. Analyst Brian Harbour increased his price target on the stock to $70, suggesting 29.7% potential upside. The upgrade reflects Morgan Stanley's confidence in Chipotle's ability to navigate challenges in the fast-food industry.

Cassava Sciences Reports Financial Results and Business Update Period. Δ1.62

Cassava Sciences, Inc. reported financial results for the year ended December 31, 2024, with a net loss of $24.3 million, or $0.53 per share (basic), compared to $97.2 million in 2023. The company's cash and cash equivalents were $128.6 million at the end of 2024, with no debt, indicating improved financial management. Cassava Sciences is preparing to report the topline results of its Phase 3 study REFOCUS-ALZ, which will inform its next steps for simufilam in Alzheimer's disease.

Stock Market Today: Dow, S&P 500, Nasdaq Sink as Nvidia Plummets 7%, Trump Tariffs Stalk Markets Δ1.76

US stock indices faced declines as Nvidia shares dropped 7%, raising concerns amid impending tariffs from President Trump. The S&P 500 fell 1% and the Nasdaq dropped 1.5%, reflecting investor anxiety over economic growth forecasts and ongoing supply chain issues. Market participants are particularly focused on upcoming jobs reports and retail earnings, which could provide insights into consumer resilience in the face of economic uncertainty.

Big Food's Worst Nightmare Unfolds Across U.S. Supermarket Aisles Δ1.60

Shoppers are increasingly buying from smaller food brands, threatening the growth of billion-dollar products from conglomerates such as Unilever and Procter & Gamble due to price and value concerns that have led consumers to shift away from highly-processed packaged food. Smaller brands like Duke's and Mike's Amazing are gaining traction in the U.S. market with lower prices and better value propositions than larger players. The trend is particularly evident in the condiment category, where Hellmann's has seen its market share decline.

Risky Trades: Leveraged and Inverse ETFs Bet Big on Hot Tech Stocks Δ1.72

Leveraged and inverse Exchange-Traded Funds (ETFs) have become a significant share of the market, with many investors and day-traders taking large bets on hot tech stocks like Nvidia, Tesla, and Palantir. These ETFs offer explosive upside but equally big losses, making it essential for investors to understand the risks involved. The trend began with Wall Street firms offering double- and triple-leveraged and inverse sector and index ETFs, allowing investors to trade the market in the short term around news events.

Microsoft Just Handed IPO Prospect Anduril a $22 Billion Opportunity. Δ1.61

Anduril Industries has taken the defense industry by storm with its recent announcement of partnering with Microsoft to develop the Integrated Visual Augmentation System (IVAS) for the U.S. Army, which is expected to be worth $22 billion over 10 years. The deal marks a significant shift in Anduril's strategy, as it takes over full responsibility for developing and producing IVAS from Microsoft, which previously handled all roles. With this partnership, Anduril will be able to leverage its expertise in artificial intelligence-powered drones to enhance the capabilities of IVAS.

Intel Stocks Leap On Report Tied To Nvidia And Broadcom Δ1.66

Intel stock has added more than $20 billion in market value over the past month. Intel shares powered higher in early Monday trading following reports that both Nvidia and Broadcom are looking to test the chipmaker's advanced AI production techniques in what could be an early and important endorsement of its nascent turnaround plans. Intel's plan to separate its foundry division from its chip-design unit appears to have won the support of President Donald Trump, whose administration is reportedly working to bring Taiwan Semiconductor Manufacturing Co TSMC into a joint venture that would keep IFS based in the United States.

Morgan Stanley's Jonas Names Struggling Tesla a Top Pick, Sees Nearly 50% Comeback Δ1.63

Analyst Adam Jonas has upgraded Tesla's stock to an overweight rating, projecting a price target of $430, which suggests a potential upside of approximately 46.8%. This optimistic outlook comes despite Tesla's recent struggles, indicating a belief in the company's long-term growth prospects and its ability to rebound in a competitive electric vehicle market. Jonas's analysis reflects a broader sentiment among investors that innovative companies can overcome short-term challenges and return to strong performance levels.

Passing the iPhone King: Nvidia, Microsoft, Alphabet Ready to Take Over Δ1.64

Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are set to surpass Apple's valuation in five years due to their growth projections. The trio has consistently posted double-digit growth, with Microsoft's projected 13% revenue increase in FY 2025 and Alphabet's 11% in the same period. If these growth rates continue, Nvidia, Microsoft, and Alphabet will outperform Apple in terms of profit production by 2029.

BYD Launches Share Sale to Raise Up to $5.2 Billion Δ1.60

Chinese electric vehicle manufacturer BYD has initiated a share sale in Hong Kong with the goal of raising up to $5.2 billion, setting a price range of HK$333 to HK$345 per share. The proceeds from this offering are intended to bolster research and development, expand international operations, and enhance working capital. This move reflects a broader trend of increased share offerings in Hong Kong, as companies seek to capitalize on potential economic recovery in China.

US Trade Threats Compound Global Ocean Shipping Uncertainty Δ1.60

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies, raising alarms among experts who call protectionist moves by the US 'unprecedented'. Global shipping rates soften, weakening carriers' hand as contract renegotiation begins, but the situation underscores the fragility of global supply chains, particularly in the aerospace industry. The outcome of Trump's trade threats could have far-reaching implications for the global economy and international trade.

Big Food's Growth Slows as Shoppers Flock to Smaller Brands Δ1.65

Shoppers are increasingly turning to smaller food brands, seeking more affordable and less processed options, which is threatening the growth of billion-dollar products from conglomerates such as Unilever. As a result, companies like Unilever and Procter & Gamble (P&G) are facing declining profits due to reduced sales volume. The shift in consumer behavior is driven by growing demand for healthier and more sustainable food options.

Best Money Market Account Rates Today: March 3, 2025 (Earn Up to 4.51% APY) Δ1.63

Money market account (MMA) interest rates have reached levels above historical averages, offering consumers attractive options for saving. While the rates have seen fluctuations due to Federal Reserve actions, many online banks and credit unions now provide competitive rates of 4% to 4.51% APY. It is essential for consumers to consider factors such as minimum balance requirements and fees while selecting the right MMA for their financial goals.

High-Yield Savings Interest Rates Today, March 3, 2025 (Top Rate at 4.30% APY) Δ1.60

A high-yield savings account can help your balance grow faster by offering higher interest rates than traditional savings accounts. The Federal Reserve's recent rate cuts have led to a decline in deposit account rates, making it essential to compare and find the best offers available. With interest rates as high as 4.30% APY, it's more important than ever to shop around and secure the highest rate possible.

Lock in Today's High Cd Rates Δ1.61

Today's high CD rates may be your last chance to lock in up to 4.50% APY. The Federal Reserve's interest rate reductions have led to increased competition among financial institutions, driving CD rates higher. As of March 3, 2025, competitive rates are available for shorter terms.

The Impact of Dilution on Earnings Growth for Innodata Inc. Δ1.67

Innodata Inc.'s recent earnings announcement may have raised eyebrows among investors, as the company's stock price remained stagnant despite strong profits. However, a closer examination of the financials reveals that dilution of shareholders' interests has had a significant impact on the company's EPS growth. By issuing new shares over the last twelve months, Innodata has reduced the value of each share, making it more challenging to gauge its true underlying earnings power.

Nvidia Stock Peaked at $153? One Telltale Metric Offers a Decisive Answer. Δ1.64

Nvidia's stock surge can be attributed to its dominance in high-performance data centers, where its graphics processing units (GPUs) are in high demand due to the growing need for AI innovation. The company's recent strong fiscal fourth-quarter filing shows that its Blackwell architecture revenue more than doubled from Q3 2024, indicating a significant increase in business momentum. However, Nvidia's market value may have peaked at $153 per share as investors may be becoming increasingly concerned about the company's reliance on this single product line and potential future challenges.

US Economy Growth Outlook Clouds S&P 500 Rally Hurdles Δ1.68

Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists. The market has faltered this year on worries about lofty valuations for the technology behemoths. Investors have also questioned if President Donald Trump's America-First policies are likely to stoke inflation and lead to a slowing economy.