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Chinese tech stock Hesai jumps 50% on Mercedes-Benz contract

Hesai Group (HSAI) shares surge after reports that Mercedes-Benz (MBGAF) will equip its upcoming smart driving cars with the Chinese lidar developer's technology, according to reports from Reuters. Julie Hyman and Josh Lipton take a closer look at the monumental stock move. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

Yahoo Finance Video 13 hours ago

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HSAI
Kohl's stock plummets as sales drop, guidance widely misses estimates amid turnaround efforts

The department store is attempting another turnaround.

Yahoo Finance 17 hours ago

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These Stocks Are Moving the Most Today: Nucor, Alcoa, Intel, Tesla, Super Micro, Stitch Fix, Adobe, and More

Shares of steel makers and aluminum companies rise slightly as President Trump’s 25% tariffs on steel and aluminum go into effect, Tesla stock rises for a second day, and Super Micro edges higher after closing Tuesday with a gain 11%.

Barrons.com 24 minutes ago

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TSLA

SMCI
Stocks to Watch Wednesday: Intel, Tesla, TSMC, Rheinmetall

↗️ Intel (INTC): Reuters reported Taiwan's TSMC (TSM) has approached Nvidia (NVDA) and other U.S. chip companies about taking stakes in a joint venture that would operate Intel's factories. Shares in Intel jumped 7% in premarket trading.

The Wall Street Journal 36 minutes ago

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Market Chatter: Taiwan Semiconductor Pitched Intel Foundry JV to Nvidia, Other US Chip Companies

Taiwan Semiconductor Manufacturing (TSM) has pitched US companies Nvidia (NVDA), Advanced Micro Devi

PREMIUM
MT Newswires 37 minutes ago

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TSM

NVDA
Nvidia Stock Rises. Why More Volatility Is Coming.

Don't expect the chip maker's shares to stop swinging about anytime soon, as tariffs unnerve markets.

Barrons.com 44 minutes ago

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AMD

TSM
Puma Drops After Predicting a Tough Year for Sneaker Sales

(Bloomberg) -- Puma SE shares plunged after the sneaker maker disappointed investors for the second time in seven weeks with softer-than-expected results and forecast another year of slow growth.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Support YIMBY

Bloomberg 1 hour ago

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3 Growth Stocks That Could Help Make You a Fortune

The Trade Desk, Supermicro, and Palo Alto Networks all have plenty of room to grow.

Motley Fool 1 hour ago

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TTD

SMCI
Rheinmetall Annual Sales Soar to Record $10.65 Billion, But Miss Target

While 2024 sales grew 35%, boosted by increased demand, there was a dip in sales at its power systems and trade divisions at the start of of the year.

The Wall Street Journal 2 hours ago

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Rheinmetall expects strong 2025 sales in Europe's 'era of rearmament'

BERLIN (Reuters) -Rheinmetall, a major beneficiary of Europe's renewed push to invest in defence, said on Wednesday it expects significant sales growth in 2025 and promised to update guidance after recent geopolitical developments are taken into account. The German defence company expects sales to grow by 25% to 30% in 2025 as a result of the Russian invasion of Ukraine and the decoupling of the United States from Europe, it said. At the same time, Europe's top ammunition maker anticipates an improvement in the operating result and an operating margin of around 15.5%, slightly above the 2024 level of 15.2%.

Reuters 2 hours ago

RNMBY
Stitch Fix Inc (SFIX) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Growth

Despite a decline in revenue and active clients, Stitch Fix Inc (SFIX) shows resilience with improved margins and strategic investments for future growth.

GuruFocus.com 2 hours ago

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Zara Parent Inditex Says Expansion Plan on Track Amid Fierce Competition in Fast Fashion

The owner of fashion brand Zara said store and online sales rose 4% at constant currency compared with the prior-year period.

The Wall Street Journal 2 hours ago

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IDEXY
EU Hits Back as U.S. Steel and Aluminum Tariffs Take Effect

The 25% global levy was imposed by the Trump administration after the U.S. and Canada backed away from additional measures. The European Union responded with retaliatory tariffs.

The Wall Street Journal 2 hours ago

X
Kohl's Corp (KSS) Q4 2024 Earnings Call Highlights: Navigating Sales Declines and Strategic ...

Kohl's Corp (KSS) faces challenges with declining sales but remains focused on strategic brand and omnichannel improvements to drive future growth.

GuruFocus.com 2 hours ago

KSS
Hesai Group (HSAI) Q4 2024 Earnings Call Highlights: Record Lidar Shipments and Strong ...

Hesai Group (HSAI) reports robust growth in 2024 with over 500,000 Lidar units shipped and projects significant expansion in 2025.

GuruFocus.com 2 hours ago

HSAI
Roche Agrees to Develop Weight-Loss Therapy With Zealand Pharma

The companies agreed to share profits for the therapy equally in the U.S. and Europe, but Roche will have exclusive rights to commercialization in the rest of the world.

The Wall Street Journal 3 hours ago

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Zara owner Inditex shares slide after slower start to first quarter

Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its shares down more than 8% in early trading. Strong sales from Zara, which has been gaining market share from rivals such as H&M, have led to a doubling of Inditex's share price over the past three years. Inditex sales were up just 4% in currency-neutral terms over the February 1 to March 10 period, compared to 11% growth a year ago.

Reuters 3 hours ago

ITX.MC
Roche secures Zealand obesity drug candidate for up to $5.3 billion

ZURICH (Reuters) -Roche has acquired rights to an obesity therapy by Denmark's Zealand Pharma in a collaboration deal worth up to $5.3 billion, as the Swiss drugmaker seeks to boost its prospects in the booming weight-loss market. The agreement covering Zealand's compound petrelintide, signals renewed efforts by Roche to catch up with obesity market leaders Novo Nordisk and Eli Lilly. Under the accord, Zealand will receive $1.65 billion upfront with the possibility of milestone payments taking the total sum to $5.3 billion, depending mainly on late-stage trials and sales development, Roche said.

Reuters 3 hours ago

ROG.SW

ZEAL.CO
EHang Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

Record-high quarterly and annual revenues, up 190.2% and 288.5% YoY, respectivelyRecord-high quarterly and annual delivery volume, 216 units in 20241st year and 3rd consecutive quarter of non-GAAP profitability11st year and 5th consecutive quarter of positive operating cash flowFiscal year 2025 revenues expected to be around RMB900 million, up 97% YoY GUANGZHOU, China, March 11, 2025 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air

GlobeNewswire 3 hours ago

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The most popular stocks for investors in February

February proved to be another eventful month for investors, as escalating trade tensions and geopolitical risks sparked further volatility in markets.

Yahoo Finance UK 3 hours ago

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Roche Agrees to Develop Weight-Loss Therapy With Zealand Pharma

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