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Figma draws 'neutral' ratings as Wall Street flags lofty valuation, rising competition
Aug 25 (Reuters) - Wall Street brokerages on Monday started their coverage of Figma FIG.N with neutral ratings, as they weighed the design software maker's lofty valuation amid stiff competition against its potential for artificial intelligence-driven growth.
Mon, Aug 25

Major brokerages pivot to Sept Fed rate cut on Powell's labor warning
By Rashika Singh Aug 24 (Reuters) - Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point U.S. Federal Reserve rate cut in September following Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.Powell's re...
Mon, Aug 25

Asia shares up on hopes for US rate cuts, Nvidia a hurdle
SYDNEY, Aug 25 (Reuters) - Asian share markets rose on Monday as investors gave a cautious welcome to the likely resumption of U.S. interest rate cuts, while hoping AI-superstar Nvidia's results this week will help justify the sector's stratospheric valuations.
Mon, Aug 25

Japanese government bonds hold steady after tumultuous week
TOKYO, Aug 25 (Reuters) - Japanese government bonds steadied on Monday after a tumultuous week that saw fiscal concerns drive super long-term yields to record highs.
Mon, Aug 25

Australia, NZ dollars cling to gains as investors bet on US rate cuts
SYDNEY, Aug 25 (Reuters) - The Australian and New Zealand dollars largely held their gains on Monday, after a dovish turn from the world's most powerful central banker hurt the greenback and helped the pair recover in the previous session, although they are still grappling with rate-cut burdens.
Mon, Aug 25

Japan's Nikkei climbs a 2nd day, led by tech on Fed rate cut bets
By Rocky Swift TOKYO, Aug 25 (Reuters) - Japan's Nikkei share average rose for a second straight session on Monday, led by tech shares as the domestic market reacted to optimism for looser monetary policy in the United States. The Nikkei 225 Index .N225 rose 0.7% to 42,922.33 at the midday br...
Mon, Aug 25

Oil prices rise, make weekly gains as Ukraine peace process stalls
Potential stronger sanctions against Russia back in focusPrices also supported by US crude stocks drawdownGerman economic data raises concerns over demandBy Georgina McCartney HOUSTON - Aug 22 (Reuters) - Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Ru...
Fri, Aug 22

Ross Stores climbs after beating profit forecasts
** Shares of discount store operator Ross Stores ROST.O rise nearly 2.4% to $149.10 premarket** Co on Thursday topped quarterly profit estimates and reinstated its annual earnings forecast, betting on demand for discounted apparel and accessories as tariffs raise retail prices during the holiday sea
Fri, Aug 22

Zoom gains after raising outlook on enterprise demand
Zoom Communications ZM.O gains 5.6% to $77.29 premarket
Fri, Aug 22

Japanese shares rise as higher yields buoy banks, weak yen lifts autos
By Kevin Buckland TOKYO, Aug 22 (Reuters) - Japanese shares rose on Friday, with higher bond yields buoying banks and insurers and a weaker yen lifting automakers, while investors globally awaited Federal Reserve Chair Jerome Powell's speech later in the day for hints on the path for U.S. pol...
Fri, Aug 22

Nvidia CEO in Taipei to visit TSMC, says in talks with US over new China chip
Jensen Huang's trip comes amid escalating US-China tech tensionsHuang says decision on H20 successor is up to the U.S. Nvidia asks Foxconn to stop work related to H20 chip, sources sayBy Ben Blanchard and Wen-Yee Lee TAIPEI, Aug 22 (Reuters) - Nvidia NVDA.O CEO Jensen Huang arrived in Taipei ...
Fri, Aug 22

Japanese shares rise as higher yields buoy banks, weak yen lifts autos
TOKYO, Aug 22 (Reuters) - Japanese shares rose on Friday, with higher bond yields buoying banks and insurers and a weaker yen lifting automakers, while investors globally awaited Federal Reserve Chair Jerome Powell's speech later in the day for hints on the path for U.S. policy.
Fri, Aug 22
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Trump administration is not eyeing equity in TSMC, Micron, official says
WASHINGTON, Aug 21 (Reuters) - The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no similar plans for bigger firms boosting U.S. investments, such as TSMC and Micron, a White House official told Reuters.
Fri, Aug 22

Oil prices set to snap two-week losing streak as peace in Ukraine remains elusive
Aug 22 (Reuters) - Oil prices were little changed on Friday but were on track to snap a two-week losing streak as hope for immediate peace between Russia and Ukraine dimmed, increasing the risk premium demanded by oil sellers.
Fri, Aug 22

Meta signs over $10 billion cloud deal with Google, source says
Aug 21 (Reuters) - Google GOOGL.O has struck a six-year cloud computing deal with Meta Platforms META.O worth more than $10 billion, a source familiar with the matter told Reuters on Thursday, the search giant's second big agreement recently after one with OpenAI.Under the agreement, Meta will u...
Fri, Aug 22

Japan's 10-year yields hit 17-year peak ahead of Powell speech
TOKYO, Aug 22 (Reuters) - Japanese 10-year government bond yields rose to a fresh 17-year peak on Friday, tracking a rise in U.S. Treasury yields as investors braced for a speech by Federal Reserve Chair Jerome Powell at the U.S. central bank's Jackson Hole symposium.
Fri, Aug 22

Asian shares choppy, dollar steady as traders await Powell speech
SINGAPORE, Aug 22 (Reuters) - Stocks in Asia edged higher in a shaky start on Friday as anxious traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium.
Fri, Aug 22

Wall Street closes down as investors brace for Powell's speech
Aug 21 (Reuters) - Wall Street's main indexes fell on Thursday as investors feared potentially hawkish remarks by the Federal Reserve chair on Friday that could spark volatility, while big-box retailer Walmart's quarterly results dampened sentiment.
Fri, Aug 22

Ross Stores tops quarterly profit estimates as shoppers seek discount apparel
Aug 21 (Reuters) - Ross Stores ROST.O on Thursday topped quarterly profit estimates and reinstated its annual earnings forecast, betting on demand for discounted apparel and accessories as tariffs raise retail prices during the holiday season.
Fri, Aug 22

Global equities retreat, as oil and dollar advance
NEW YORK/PARIS, Aug 21 (Reuters) - Global equities fell on Thursday on investor jitters around the Federal Reserve's three-day annual Jackson Hole symposium, as gold prices eased under pressure from a stronger U.S. dollar.
Fri, Aug 22



