Palantir stock plunges, extending 4-day drop on reported Pentagon budget cuts
Palantir stock extended its slide over ongoing concerns of potential Pentagon budget cuts impacting the software company's revenue.
EverQuote (NASDAQ:EVER) Surprises With Strong Q4, Stock Soars
Online insurance comparison site EverQuote (NASDAQ:EVER) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 165% year on year to $147.5 million. On top of that, next quarter’s revenue guidance ($157.5 million at the midpoint) was surprisingly good and 14.3% above what analysts were expecting. Its GAAP profit of $0.33 per share was 67.9% above analysts’ consensus estimates.
OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says
(Bloomberg) -- OPEC+ is expected to revive some curtailed crude production in April following US President Donald Trump’s appeals to the group to lower prices, said Jason Prior, Bank of America Corp.’s head of oil trading. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors
Why Couchbase (BASE) Stock Is Falling Today
Shares of database as a service company Couchbase (NASDAQ: BASE) fell 6.9% in the afternoon session after markets continued to struggle following the broad selloff triggered by weak economic data in the previous week. On Friday, February 21, 2025, the S&P 500 dropped 1.7%, and the Nasdaq fell 2.2% after PMI numbers showed the U.S. services sector contracted, and the University of Michigan's consumer sentiment index came in below expectations.
Companies Flood Bond Market in Second-Busiest Day This Month
(Bloomberg) -- More than a dozen companies are selling just over $20 billion of investment-grade bonds Monday, after yields have fallen over the last week and demand for corporate debt has remained strong.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, th
David Bailey helped shape Trump’s crypto view, says OKX’s exec
Trump’s stance on crypto has evolved, according to OKX Chief Marketing Officer Haider Rafique.
Newman: How markets assess 3 buckets of Trump chaos
Investors are still optimistic that Trump's moves later this year will offset the negative impacts of tariffs and Elon Musk's chainsaw.
Walgreens Stock Pops On Fresh Optimism About a Deal
Shares of Walgreens Boots Alliance jumped Monday afternoon as investor optimism about the possibility of a deal lifted the drugstore chain's shares.
Live Nation Stock Among Biggest S&P 500 Gainers as BofA Lifts Price Target
Live Nation Entertainment was one of the biggest gainers in the S&P 500 on Monday after Bank of America analysts lifted their price target for the entertainment stock.
Stock futures gain ground after Friday's Wall Street wipeout
Stock futures were higher in premarket trading on Monday after the S&P 500 suffered its biggest drop of the year on Friday.