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JPMorgan’s Benhamou Sees US Stocks as Stuck Before Spring Rally
  • February 26, 2025

JPMorgan’s Benhamou Sees US Stocks as Stuck Before Spring Rally

(Bloomberg) -- US stocks will struggle early March amid weaker economic data before they rally once again later in spring, according to JPMorgan Chase & Co.’s Ilan Benhamou.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Cris

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3 Reasons to Sell SKX and 1 Stock to Buy Instead
  • February 26, 2025

3 Reasons to Sell SKX and 1 Stock to Buy Instead

Over the past six months, Skechers’s shares (currently trading at $63.53) have posted a disappointing 9.2% loss, well below the S&P 500’s 6.4% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

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Salesforce stock falls amid downbeat revenue outlook as Agentforce adoption lags
  • February 26, 2025

Salesforce stock falls amid downbeat revenue outlook as Agentforce adoption lags

(Reuters) -Business software provider Salesforce forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its Agentforce platform, sending shares of the company down around 5% in extended trading. "Given how poor initial generative AI experiments were for many companies, they're not just writing blank checks until Salesforce shows them Agentforce actually works," said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The next quarter or two will be critical for Salesforce."

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Nomura Cuts Taiwanese Stocks on AI Sector Scrutiny, Tariffs
  • February 26, 2025

Nomura Cuts Taiwanese Stocks on AI Sector Scrutiny, Tariffs

(Bloomberg) -- Nomura Holdings Inc. downgraded Taiwanese equities citing greater scrutiny of the artificial intelligence sector and US President Donald Trump’s plans to impose tariffs on trading partners.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant

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China curbs US stock listings for homegrown companies, Financial Times reports
  • February 26, 2025

China curbs US stock listings for homegrown companies, Financial Times reports

China's securities regulator has clamped down on small homegrown companies listing on U.S. stock exchanges after many of them became vehicles for price-rigging, causing heavy losses for U.S. investors, the Financial Times reported on Thursday. The China Securities Regulatory Commission said it intends to impose "tighter control" over U.S. listings of Chinese companies with small capitalisation and weak fundamentals, saying they are prone to market manipulation, the FT reported, citing four people close to the regulator.

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Tariff risk rattles European shares; Wall Street mixed
  • February 26, 2025

Tariff risk rattles European shares; Wall Street mixed

NEW YORK/GDANSK (Reuters) -Major Wall Street indexes were mixed on Thursday as fresh U.S. data hurt sentiment, and European stock markets fell following a threat from U.S. President Donald Trump to impose 25% tariffs on imports from the region. Trump revoked Chevron's license to operate in Venezuela. Trump created some confusion over the looming duties on top trading partners Canada and Mexico on Wednesday, by signalling they would take effect on April 2, which would be another month-long extension.

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