Business

Nasdaq lifts medium-term revenue target for key unit on capital access platforms boost

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Nasdaq raised the medium-term revenue forecast for its biggest division on Wednesday, banking on strength in its data, listing and index businesses. Later in the day, top executives will outline how the transatlantic exchange operator plans to grow in the coming... Read More.

First Solar shares slump after weak sales forecast amid policy uncertainty

Wednesday, February 25 by SRN News

By Pooja Menon and Dharna Bafna Feb 25 (Reuters) - Shares of First Solar slumped 12.8% to its lowest since September last year on Wednesday, after the company forecast annual sales below Wall Street expectations amid U.S. policy environment uncertainty and permitting delays... Read More.

Wall St opens higher in run-up to Nvidia earnings as AI worries abate

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Wall Street's main indexes opened higher on Wednesday after volatile sessions earlier this week as investors assessed risks to the AI trade and growing tariff doubts heading into Nvidia's earnings due later in the day. The Dow Jones Industrial Average rose... Read More.

Shoemaker Steven Madden withholds profit forecast on tariff uncertainty

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Shoe and handbag maker Steven Madden on Wednesday withheld its 2026 earnings forecast, citing recent tariff uncertainty, in the first visible signs of fresh turmoil for companies as they brace for Washington's next move following last week's Supreme Court defeat. In... Read More.

Morning Bid: Another day, another AI mood swing

Wednesday, February 25 by SRN News

By Mike Dolan Feb 25 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Tuesday saw software stocks stage something of a rally, weirdly driven by the thing that's beaten them down for the past month: a sweep of... Read More.

Deliveroo’s Italian arm placed under supervision over alleged labour exploitation

Wednesday, February 25 by SRN News

By Emilio Parodi MILAN, Feb 25 (Reuters) - Milan prosecutors have placed the Italian arm of food delivery platform Deliveroo under judicial supervision and its chief executive under investigation for alleged exploitation of workers, judicial documents seen by Reuters showed on Wednesday. A Deliveroo spokesman was... Read More.

Lowe’s provides downbeat annual forecasts as customers defer costly home remodels

Wednesday, February 25 by SRN News

By Savyata Mishra Feb 25 (Reuters) - Lowe's Cos forecast full-year sales and profit below Wall Street estimates on Wednesday, a more cautious projection than larger rival Home Depot and a sign the retailer expects consumer spending to stay muted. Shares of the company were down... Read More.

Novartis to build radioligand therapy site in Texas to expand US manufacturing

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Novartis said on Wednesday it intends to build a radioligand therapy manufacturing site in Texas, expanding its U.S. footprint with what will be its first such facility in the state and fifth nationwide. The investment is part of the Swiss... Read More.

TJX Cos forecasts muted annual sales, profit as consumers reduce spending

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - TJX Cos forecast annual sales and profit below Wall Street estimates on Wednesday as budget-conscious consumers pared discretionary spending amid macroeconomic uncertainty. The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs continue to rise.... Read More.

Current Weather

Nasdaq lifts medium-term revenue target for key unit on capital access platforms boost

First Solar shares slump after weak sales forecast amid policy uncertainty

Wall St opens higher in run-up to Nvidia earnings as AI worries abate

Shoemaker Steven Madden withholds profit forecast on tariff uncertainty

Morning Bid: Another day, another AI mood swing

Deliveroo’s Italian arm placed under supervision over alleged labour exploitation

Lowe’s provides downbeat annual forecasts as customers defer costly home remodels

Novartis to build radioligand therapy site in Texas to expand US manufacturing

TJX Cos forecasts muted annual sales, profit as consumers reduce spending

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