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LIVE MARKETS-S&P 500, Nasdaq notch record high closes
Wall Street's main indexes rise with Nasdaq out front ending up ~ 0.9%Among S&P sectors, comms services leads gains, consumer staples falls mostEuro STOXX 600 index had closed up 0.4%Dollar, bitcoin slip; gold, crude add ~1%U.S. 10-Year Treasury yield falls to ~4.04%Welcome to the home for r...Reuters
5 minutes ago
Oscar Health slides after launching $350 mln convertible debt deal
** Shares of health insurer Oscar Health OSCR.N down 5.7% to $17.66 post-market as it looks to raise capital ** New York City-based firm announces private offering of $350 mln convertible bonds due 2030 ** Co says plans to use net offering proceeds for general purposes, including to support fu...Reuters
6 minutes ago
Wall Street indexes end higher ahead of Fed meeting; Tesla and Alphabet rally
Alphabet hits $3 trillion in market value for first timeNvidia slips after China's anti-monopoly investigation Tesla gains as CEO Musk buys shares worth $1 billionBy Abigail Summerville and Ragini Mathur Sept 15 (Reuters) - The three major U.S. stock indexes closed higher on Monday with the S...Reuters
27 minutes ago
Natura to sell Avon's Central America business; shares rise
SAO PAULO, Sept 15 (Reuters) - Brazilian cosmetics maker Natura NATU3.SA has agreed to sell Avon's businesses in a series of Central American countries to Grupo PDC, it said on Monday, as part of ongoing efforts to simplify its operations.The company said in a securities filing that the deal pri...Reuters
48 minutes ago
1 Reason Wall Street Is Obsessed With IBM Stock
Key PointsInternational Business Machines is one of the oldest technology stocks on Wall Street.A few years ago, the stock languished as management worked to modernize the business's focus.IBM is a Wall Street obsession again because it is operating in hot technology niches.10 stocks we like better ...The Motley Fool
54 minutes ago
In latest trade warning to US, China says Nvidia violated anti-monopoly law
China-US trade talks in Madrid include Nvidia chip discussions Nvidia CEO has visited China three times this year in charm offensiveNvidia suspected of breaching Mellanox acquisition commitmentsNvidia shares fall as much as 2%, pare losses to trade flat in US afternoon By Eduardo Baptista and Arshee...Reuters
an hour ago
Why Nio Stock Rallied Monday
Key PointsNio is setting itself up to help withstand growing competition. One Wall Street analyst thinks a recent capital raise was a smart move. Nio issued new shares after a sharp run-up in the stock. 10 stocks we like better than Nio › Nio (NYSE: NIO) stock jumped today, after one Wall Street ana...The Motley Fool
an hour ago
US STOCKS-S&P 500, Nasdaq hit record highs ahead of Fed meeting; Tesla rallies
Indexes: Dow down 0.03%, S&P 500 up 0.39%, Nasdaq up 0.84%Alphabet hits $3 trillion in market value for first timeNvidia falls after China's anti-monopoly investigation Tesla gains as CEO Musk buys shares worth $1 billionBy Abigail Summerville and Ragini Mathur Sept 15 (Reuters) - The S&a...Reuters
2 hours ago
Artisan Partners slips after TD Cowen cuts PT
** Shares of Artisan Partners Asset Management APAM.N down about 2% at $45.22** Brokerage TD Cowen cuts PT on APAM to $43 from $47 ** "We come away a bit more mixed around the flow and capital deployment outlooks, even as we remain constructive on newer growth initiatives" - brokerage** Newe...Reuters
2 hours ago
Why Oklo Stock Skyrocketed Over 11% to All-Time Highs Today
Key PointsThe U.S. has struck a landmark partnership with the U.K. to boost the nuclear energy industry. The partnership could open up big opportunities for American nuclear energy companies like Oklo. Oklo stock is already up over 300% this year on the back of DOE support and partnerships.10 stocks...The Motley Fool
3 hours ago
Why Intel Rallied Today
Key PointsIntel announced the closing of its sale of 51% of Altera to Silver Lake today. As a result, Intel lowered its operating expense outlook for the year. The removal of the struggling unit from the company's books should boost cash without a significant hit to profits. 10 stocks we like better...The Motley Fool
3 hours ago
NerdWallet rises after boosting share repurchase program
** Personal finance company NerdWallet's NRDS.O shares rise 4.3% to $11** NRDS boosts existing share repurchase program to $75 million from $25 million** Repurchases may be made from time to time in the open market and through privately negotiated transactions** NRDS has 76 million outstanding s...Reuters
3 hours ago
LIVE MARKETS-U.S. indexes hit records yet again
Wall Street's main indexes rise with Nasdaq out front up ~ 0.9%Among S&P sectors, comms services leads gains, health falls mostEuro STOXX 600 index rises ~0.4%Dollar slips, bitcoin off ~0.9%, gold up ~1%; crude adds ~0.9%U.S. 10-Year Treasury yield falls to ~4.04%Welcome to the home for real...Reuters
3 hours ago
VF Corp to sell Dickies for $600 million, shares rise
** Shares of apparel maker VF Corp VFC.N rise 1.75% to $14.60** VFC says it will sell its workwear brand, Dickies, to privately held brand management firm Bluestar Alliance in a cash deal valued at $600 million ** VFC also houses brands such as The North Face, Vans and Timberland** As of last close,...Reuters
3 hours ago
Copper miners gain as red metal jumps to 15-month peak on soft dollar and China deal
** Shares of copper miners gain, tracking rise in red metal's price MET/L** Benchmark three-month copper CMCU3 on London Metal Exchange up 1.1% at $10,180 per metric ton ** Copper prices climbed to its highest in 15 months after a drop in the dollar and a deal between the U.S. and China on TikTo...Reuters
3 hours ago
New Mountain Finance Corp down after BofA double-downgrades stock
** Shares of New Mountain Finance Corp NMFC.O down about 4% at $10** Brokerage Bank of America double-downgrades stock to "underperform" from "buy" due to persistent profitability challenges** Also expects a dividend cut as earnings pressure builds, leading to a likely re-rating of t...Reuters
3 hours ago
Roblox Looks Like a Great Stock -- Or Does It?
Key PointsRoblox has built an impressive platform with strong engagement and growth opportunities.Persistent losses and a high valuation remain significant hurdles.Whether a stock is considered a "great stock" depends on an investor's conviction in Roblox's long-term monetization and their risk appe...The Motley Fool
3 hours ago
Why Pony AI Stock Galloped Today
Key PointsPony AI is a Chinese AI tech stock planning to roll out robotaxi service in Qatar.Pony has no profits -- and not a lot of revenue, either.10 stocks we like better than Pony Ai › Shares of Pony AI (NASDAQ: PONY), which aims to use artificial intelligence to direct driverless vehicles for ro...The Motley Fool
4 hours ago
Alphabet enters $3 trillion market cap club as Big Tech's AI momentum builds
Alphabet up 32% YTD, leading gains among "Magnificent 7" stocksStock trades at 23x earnings vs 5-year average of 22 By Johann M Cherian and Shashwat Chauhan Sept 15 (Reuters) - Google parent Alphabet GOOGL.O hit a market capitalization of $3 trillion for the first time on Monday, riding o...Reuters
4 hours ago
Hims & Hers down after US FDA chief says Super Bowl ad violated drug promotion rules
** Shares of telehealth platform Hims & Hers Health HIMS.N fall 1.8% to $54.54** The U.S. FDA Commissioner Martin Makary said late on Friday that HIMS' Super Bowl advertisement breached federal law as it highlighted the benefits of weight-loss drugs without mentioning side effects** Under fe...Reuters
4 hours ago
