France Gets Budget Warning as S&P Turns Negative on Rating
  • March 1, 2025

France Gets Budget Warning as S&P Turns Negative on Rating

(Bloomberg) -- S&P Global Ratings put a negative outlook on its assessment of France’s creditworthiness, underscoring enduring uncertainty over the country’s finances after a prolonged period of political turmoil. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchRemembering the Landscape Architect Who Embraced the CityShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buil

Hedge funds ramp up bets on falling stocks
  • February 28, 2025

Hedge funds ramp up bets on falling stocks

Global hedge funds sold more stocks than they bought by the largest amount in a year, mainly driven by their bets that stocks will drop, a Goldman Sachs note showed on Friday. Goldman Sachs said the gloomy sentiment was spread across all geographic regions, but mainly in North America and part of Asia, and was seen in almost all company sectors, except for communications services. In healthcare, net selling by hedge funds was entirely driven by short positions and ranked close to the highest level seen over the past five years.

Why Verra Mobility (VRRM) Stock Is Trading Lower Today
  • February 28, 2025

Why Verra Mobility (VRRM) Stock Is Trading Lower Today

Shares of traffic solutions company Verra Mobility (NYSE:VRRM) fell 12.2% in the morning session after the company reported mixed fourth quarter 2024 results as its EBITDA forecast came in a little shy of expectations. Despite this, revenue increased 5% year-on-year, driven by strong demand in the Commercial Services and Government Solutions segments, with travel-related tolling activity and automated traffic enforcement programs contributing to the gains​. However, the Parking Solutions segment

Why fuboTV (FUBO) Stock Is Down Today
  • February 28, 2025

Why fuboTV (FUBO) Stock Is Down Today

Shares of live sports and TV streaming service fuboTV (NYSE:FUBO) fell 22.2% in the morning session after the company reported weak fourth-quarter results, with next-quarter revenue guidance missing expectations and international subscriber numbers falling short of Wall Street's estimates. While revenue grew 8% year-on-year, this marked a slowdown from previous quarters due to weaker subscriber additions.

Why Ameresco (AMRC) Stock Is Trading Lower Today
  • February 28, 2025

Why Ameresco (AMRC) Stock Is Trading Lower Today

Shares of energy and renewable energy projects company Ameresco (NYSE:AMRC) fell 32.9% in the afternoon session after the company reported weak fourth quarter results: its full-year EBITDA and revenue guidance fell short of Wall Street's estimates. On the other hand, Ameresco blew past analysts' EBITDA and its EPS outperformed Wall Street's estimates. Still, this was a weaker quarter.