March 21, 2025
Image source: Adobe Stock
🏦 China to welcome Trump-aligned senator with trade talks stalled: President Xi Jinping’s government is set to welcome a US senator close to Donald Trump for talks in China, as the world’s largest economies try to move forward trade negotiations that have stalled at lower levels. Yahoo Finance reports.
💰 Apollo Funds to buy 25% stake in BP pipelines for about $1 billion: BP on Friday said U.S.-based asset management firm Apollo Global's managed funds will buy a 25% non-controlling stake in its unit, BP Pipelines, for about $1 billion. Yahoo Finance reports.
🌎 Stocks slide, dollar firms as tariff and geopolitical uncertainties weigh: European and world shares fell on Friday but were set for a weekly gain, and the dollar pushed the euro off its recent five-month high, as investors finished a busy week without much more clarity on the big market questions than they had at the start. Reuters reports.
📊 FedEx shares drop as annual forecast cuts stoke worries on economy: FedEx's shares fell sharply after the parcel delivery firm cut its fiscal 2025 forecasts, adding to worries about the health of the U.S. industrial economy against the backdrop of the Trump administration's sweeping tariffs on trading partners. Yahoo Finance reports.
⚙️ French quantum computer firm Pasqal links up with NVIDIA: Pasqal, a fast-growing French quantum computer start-up company, announced on Friday a partnership with chip giant Nvidia whereby Pasqal's customers would gain access to more tools to develop quantum applications. Reuters reports.
💾 Quantum Computing stock tumbles on Q4 earnings: The company’s shares were trading lower in Thursday’s after-hours session on the heels of the company’s fourth-quarter results. Fourth-quarter operating expenses totaled $8.9 million, up from $6.6 million year-over-year. Quantum Computing said it ended the quarter with $78.9 million in cash and cash equivalents. Benzinga reports.
📈 Micron forecasts upbeat quarterly revenue on strong AI memory chip demand: Micron Technology forecast third-quarter revenue above Wall Street estimates, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading. Reuters reports.
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.
1) $IBO: Impact BioMedical
Total gain: +114.42%
2) $ALUR: Allurion Technologies
Total gain: +64.91%
3) $PNBK: Patriot National Bancorp
Total gain: +31.13%
4) $RGC: Regencell Bioscience
Total gain: +28.44%
5) $GCTK: GlucoTrack
Total gain: +25.53%
The closing price of the top three market percent gainers trading near or above $3 on March 20.
*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
1) $RGC: Regencell Bioscience
Total gain: +45.2%
The stock appeared to be moving on no notable news.
2) $NAOV: NanoVibronix
Total gain: +36.66%
The stock appeared to be moving on no notable news.
3) $WINT: Windtree Therapeutics
Total gain: +27.21%
The company announced that it has entered into a License and Supply Agreement to become the sourcing partner for Evofem Biosciences for one of Evofem's FDA-approved products -- PHEXXI®. Benzinga reports.
*Estimate and Actual numbers represent Earnings Per Share in US Dollars
CCL: Carnival
1Q 2025
Before Market Open
Estimate: 0.020
Actual: N/A
MNSO: MINISO Group Holding
2Q 2025
Before Market Close
Estimate: 0.380
Actual: 0.350
NIO: NIO
4Q 2024
Before Market Close
Estimate: -0.420
Actual: -0.430
Time (ET) / Report / Period
None scheduled
"Stock prices move around wildly over very short periods of time. This does not mean that the values of the underlying companies have changed very much during that same period."
- Joel Greenblatt
Sourced in: "The Little Book That Beats the Market", by Joel Greenblatt, published in 2006.