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Euro zone yields edge up as risk sentiment steadies after Trump remarks
By Stefano Rebaudo Oct 17 (Reuters) - Euro area government bond yields edged higher on Friday, pulling back from multi-month lows, as Wall Street futures trimmed losses after U.S. President Donald Trump confirmed his meeting with Chinese President Xi Jinping was still on. Earlier in the session, ...Reuters
a minute ago
Rani Therapeutics signs up to $1.09 billion licensing deal with Japan's Chugai Pharma
Oct 17 (Reuters) - Rani Therapeutics RANI.O on Friday announced a licensing deal to develop and sell an oral version of Chugai Pharmaceutical's 4519.T experimental antibody, with options to expand to five additional drugs, potentially valuing the deal at $1.09 billion.Shares of San Jose-based Ra...Reuters
2 minutes ago
LIVE MARKETS-Generative AI’s ROI Still Unclear, warns Edmond de Rothschild CIO
STOXX down 1.1%Defence and banking names lead declines Eyes on U.S. regional banks S&P 500 futures down 0.4% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.GENERATIVE AI'S R...Reuters
7 minutes ago
WRAPUP 2-Global bank stocks shiver as US credit risks spark reality check
Zions, Western Alliance disclosures in US spark fears Falls spark comparisons with 2023 banking turmoil Equity valuations high and investors already nervous By Alun John, Ankur Banerjee and Manya Saini SINGAPORE/LONDON, Oct 17 (Reuters) - Fear over credit quality in U.S. regional banks ...Reuters
8 minutes ago
Novo Nordisk, Eli Lilly shares drop as Trump vows weight-loss drug price cuts
Trump says Ozempic prices will be 'much lower'Novo shares fell to almost three week lowShares in rivals Eli Lilly and Zealand Pharma also drop By Stine Jacobsen and Bhanvi Satija COPENHAGEN, Oct 17 (Reuters) - Shares of weight-loss drug makers Novo Nordisk NOVOb.CO and Eli Lilly LLY.N fel...Reuters
8 minutes ago
Oklo up as Newcleo plans to invest $2 billion for US fuel projects
** Shares of Sam Altman-backed nuclear technology firm Oklo OKLO.N up 1.3% at $163.97 premarket ** Oklo says it will partner with European reactor developer Newcleo, which plans to invest up to $2 billion in U.S. fuel fabrication and manufacturing projects** Company says Sweden's advanced nuclea...Reuters
13 minutes ago
Ally Financial jumps as credit quality improves in Q3
** Auto lender Ally Financial's ALLY.N shares jump 6.6% to $40.99 premarket** ALLY beats Wall Street expectations for Q3 profit as provision for credit losses shrank by $230 million from a year earlier** "Importantly credit is improving at an accelerating pace," says Truist analyst Brian...Reuters
14 minutes ago
MIDEAST STOCKS-UAE stocks fall with global markets on US credit concerns
By Mohd Edrees Oct 17 (Reuters) - Stock markets in the United Arab Emirates fell on Friday, tracking global equities, as signs of credit stress among U.S. regional lenders put investors on edge.Market sentiment was further dented as crude prices, a key component of Gulf economies, dropped more t...Reuters
19 minutes ago
EXCLUSIVE-Micron to exit server chips business in China after ban, sources say
China in 2023 banned use of Micron products in critical infrastructure Micron to continue to sell chips to auto, mobile phone sectors, source says China has also said Nvidia and Intel products pose security risks but no action taken By Hyunjoo Jin and Brenda Goh SEOUL/SHANGHAI, Oct 17 (Reuters) -...Reuters
20 minutes ago
Scotiabank raises Magna International PT on macro tailwinds
** Scotiabank lifts PT on U.S-listed shares of Canadian auto parts maker Magna International MGA.N to $47 from $44, maintains "sector perform" rating** New PT shows a premium of 5% from the stock's last close** Scotiabank says it sees improved confidence in co's cost discipline and f...Reuters
26 minutes ago
US STOCKS SNAPSHOT-S&P 500 futures pare declines after Trump's comments on China
Oct 17 (Reuters) - Wall Street futures trimmed losses on Friday after U.S. President Donald Trump confirmed that his meeting with Chinese President Xi Jinping was still on, easing investor concerns over worsening trade tensions between the two largest economies.At 08:14 a.m. ET, Dow E-minis YMcv1 we...Reuters
28 minutes ago
AmEx updates 2025 forecasts as affluent customers keep up spending
By Manya Saini and Arasu Kannagi BasilOct 17 (Reuters) - American Express AXP.N raised the lower end of its 2025 profit and revenue forecasts on Friday, as its affluent customers looked past economic uncertainty and continued spending ahead of the holiday season.Analysts expect AmEx to benefit from ...Reuters
28 minutes ago
Should You Buy Reddit Stock Before Oct. 30?
Key PointsReddit's revenue growth rate has coasted comfortably above 50% in recent quarters.However, the stock's high valuation could make it difficult for it to take off after earnings.10 stocks we like better than Reddit › Shares of Reddit (NYSE: RDDT) have soared 160% in the past 12 months, as th...The Motley Fool
29 minutes ago
Obesity drugmakers slip after Trump vows to lower weight-loss drug prices
** Shares of weight-loss drugmakers fall premarket after U.S. President Donald Trump said on Thursday that the prices of weight-loss drugs, such as Novo Nordisk's NOVOb.CO Ozempic, would be lowered ** Shares of Eli Lilly LLY.N drop 3.7% to $788.97 in premarket, while U.S.-listed shares of Dan...Reuters
33 minutes ago
Rani Therapeutics more than doubles on over $1 billion licensing deal with Japan's Chugai
** Drug developer Rani Therapeutics' RANI.O shares rise 156.95% to $1.21 in premarket ** Co signs licensing agreement with Japan's Chugai Pharmaceutical 4519.T to develop an experimental pill, with an option to extend it to up to five drugs, which could bring the total deal value to over $1 ...Reuters
37 minutes ago
Street View: BNY focuses on operating leverage as profit outlook improves
** BNY BK.N reported a 21% jump in third-quarter profit on Thursday, as the world's largest custodian bank earned higher interest and fees on its services, while soaring equity markets boosted the value of its client assets** Average rating of 18 analysts is "buy"; median PT $119, an 11....Reuters
38 minutes ago
Why Atai Life Sciences Stock Was So Lively This Week
Key PointsThe biotech earned an important fast-track review designation from a major regulator.This should speed the development (and potentially, commercialization) of one of its investigational treatments.10 stocks we like better than Atai Life Sciences › Atai Life Sciences (NASDAQ: ATAI), a biote...The Motley Fool
38 minutes ago
Pre-Bell｜Stock Futures Fall. USA Rare Earth Drops 8%; Bitfarms Sinks 7%; Novo Nordisk, Lilly Fall About 4% Each; Oracle Slides 2.6%
U.S. stock index futures slumped on Friday as mounting concerns over risks and deteriorating credit quality triggered a selloff in regional banks, further weakening investor confidence strained by U.S.-China trade tensions and a government shutdown.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were do...Tiger News
39 minutes ago
3 Top Quantum Computing Stocks to Buy in 2025
Key PointsQuantum computing is poised to evolve today’s technology in groundbreaking ways.A diversified quantum computing portfolio is a sound strategy, given the tech's nascent stage.Three companies providing quantum industry diversification are IBM, Palo Alto Networks, and IonQ.10 stocks we like b...The Motley Fool
44 minutes ago
Revolution, Achieve, Disc Medicine rise after FDA unveils fast-track review list
** Shares of drug developer Revolution Medicines RVMD.O up 7.7% at $53.51 premarket** Late on Thursday, U.S. FDA announced nine products under a new fast-track review process** Selected drugs could get approval within one to two months of filing a complete application; typical review time is 10 to 1...Reuters
46 minutes ago
