Workflow
Chinese automakers strengthen their presence in Southeast Asia
Yahoo Finance· 2026-03-03 13:24
Chinese automakers reported strong sales growth in Southeast Asia last year, with their combined deliveries in Thailand, Indonesia, Malaysia and the Philippines surging by 95% to over 377,450 units from 193,510 in 2024, according to preliminary data released by local industry sources. Overall sales in these four markets were just slightly lower at 2.71 million units in 2025, meaning that Chinese automakers doubled their combined share of the region’s markets last year to 14%, from 7% in 2024, mainly at th ...
Rhythm Pharmaceuticals price target lowered to $110 from $125 at H.C. Wainwright
Yahoo Finance· 2026-03-03 13:24
H.C. Wainwright lowered the firm’s price target on Rhythm Pharmaceuticals (RYTM) to $110 from $125 and keeps a Buy rating on the shares, reflecting adjustments to the firm’s long-term sales ramp expectations after Rhythm recently announced its Q4 results and announced additional positive data from its global Phase 3 TRANSCEND trial of setmelanotide in patients with acquired hypothalamic obesity. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now> ...
Why Best Buy's stock is soaring, even as sales and full-year outlook disappoint
MarketWatch· 2026-03-03 13:24
Core Insights - Best Buy's earnings exceeded expectations, which positively impacted investor sentiment given the low expectations prior to the quarterly results [1] Group 1 - The retailer's performance was better than anticipated, leading to a favorable reaction from investors [1]
Gyre Therapeutics to acquire Cullgen in $300M all-stock transaction
Yahoo Finance· 2026-03-03 13:23
Gyre Therapeutics (GYRE) announced its agreement to acquire Cullgen, a privately-held, clinical-stage biopharmaceutical company focused on the discovery and development of targeted protein degrader and degrader antibody conjugate therapies, in an all-stock transaction valued at approximately $300M. Following the closure of the acquisition, the new combined entity will be a fully integrated biopharmaceutical company with U.S.- and China-based capabilities spanning from discovery to manufacturing and commerc ...
SciSparc announces 1-for-9 reverse share split
Yahoo Finance· 2026-03-03 13:23
SciSparc (SPRC)announced that it intends to effect a one-for-nine reverse share split of the Company’s issued and outstanding ordinary shares, no par value per share, effective at the market open on March 4, 2026. The Ordinary Shares will continue to trade on the Nasdaq Capital Market under the existing trading symbol “SPRC” and will begin trading on a split-adjusted basis at the market open on March 4, 2026. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...
Gold Price Slides Down as Middle East War Ratchets Up
Barrons· 2026-03-03 13:22
Core Viewpoint - The price of gold has declined unexpectedly despite escalating geopolitical tensions in the Middle East, which typically drive investors towards gold as a safe haven asset [1]. Group 1 - Gold is traditionally viewed as a safe haven during times of geopolitical risk, making its recent price drop surprising [1]. - The decline in gold prices occurred early Tuesday, coinciding with heightened conflict in the Middle East [1].
Pinterest Stock Jumps 8% as Activist Elliott Takes $1 Billion Stake
Barrons· 2026-03-03 13:22
Core Viewpoint - Pinterest plans to utilize the proceeds from an activist's investment to repurchase shares of its common stock [1] Group 1 - The company is taking strategic steps to enhance shareholder value through share repurchases [1]
Citizens Financial price target raised to $80 from $73 at Morgan Stanley
Yahoo Finance· 2026-03-03 13:21
Morgan Stanley raised the firm’s price target on Citizens Financial (CFG) to $80 from $73 and keeps an Overweight rating on the shares. The firm is increasing price targets by a median 8% across the midcap banks group. While noting that recent outperformance means “the bar is higher from here,” the firm remains optimistic on the group, citing tailwinds from loan growth, net interest margin and capital return. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...
Oil prices, Target earnings, the new iPhone and more in Morning Squawk
CNBC· 2026-03-03 13:20
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch.Stock futures are plunging this morning following a mixed session on Wall Street.Here are five key things investors need to know to start the trading day:1. Day 4A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026.Mohsen Ganji | APThe U.S ...
Viking Posts Higher Profit, Sees Strong Booking Environment
WSJ· 2026-03-03 13:20
Core Viewpoint - Viking Holdings reported an increase in profit for the fourth quarter and indicated strong bookings for 2026 [1] Financial Performance - The company experienced higher profits in the fourth quarter compared to previous periods [1] Future Outlook - Viking Holdings is seeing robust bookings for the year 2026, suggesting positive growth prospects [1]