News
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Australia approves Hanwha's larger stake in Austal with strict conditions
Hanwha allowed to lift stake in Austal to 19.9% from 9.9%Treasurer says Hanwha to remain minority shareholder in AustalHanwha to face restrictions over data access, board nomineeBy Renju Jose SYDNEY, Dec 12 (Reuters) - Australia said on Friday it would not oppose a proposal by Korea's Hanwha ...Reuters
Fri, Dec 12
RPT-ROI-Powell bets big on productivity boost rescuing boxed-in Fed: McGeever
By Jamie McGeever ORLANDO, Florida, Dec 11 (Reuters) - Federal Reserve Chair Jerome Powell admitted on Wednesday that there is still no "risk-free" path for the central bank as it seeks to bring down stubbornly high inflation while also supporting an increasingly creaky labor market. But ...Reuters
Fri, Dec 12
Australia's EBR Systems rises on first patient enrolment in CRT study
Shares of EBR Systems EBR.AX advance as much as 5.52% to A$0.955, their highest point since December 4The medtech co reportsfirst patient enrolment and implant in a totally leadless cardiac resynchronization therapy (CRT) study, which could "meaningfully expand" its addressable marketAdds th...Reuters
Fri, Dec 12
Herbalife Family Foundation and LA Galaxy bring holiday cheer to children at Kobe Jitsugyo Gakuin
TOKYO, Dec. 12, 2025 /PRNewswire/ -- The Herbalife Family Foundation (HFF), in partnership with LA Galaxy, hosted an outreach event at the Kobe Jitsugyo Gakuin (KJG) children's shelter. KJG is one of the nonprofit organizations participating in the Casa Herbalife Program, a global HFF initiative tha...PR Newswire
Fri, Dec 12
Herbalife Family Foundation and LA Galaxy bring holiday cheer to children at Kobe Jitsugyo Gakuin
TOKYO, Dec. 12, 2025 /PRNewswire/ -- The Herbalife Family Foundation (HFF), in partnership with LA Galaxy, hosted an outreach event at the Kobe Jitsugyo Gakuin (KJG) children's shelter. KJG is one of the nonprofit organizations participating in the Casa Herbalife Program, a global HFF initiative tha...PR Newswire
Fri, Dec 12
Lululemon CEO McDonald to step down, shares rise 10%
CEO Calvin McDonald to step down amid challenging US marketShares rise 10.2% after the bellFounder Chip Wilson considered proxy fight over board changes, WSJ reportsCompany plans increased marketing and discounts to boost holiday salesBy Juveria Tabassum and Sanskriti Shekhar Dec 11 (Reuters) - ...Reuters
Thu, Dec 11
Broadcom Stock Drops 4% Despite Beat-And-Raise Quarterly Report
Broadcom late Thursday handily beat estimates for its fiscal fourth quarter and with its guidance for the current period. Broadcom stock initially rose on the news but later turned negative.The Palo Alto, Calif.-based fabless chipmaker and infrastructure software provider earned an adjusted $1.95 a ...Tiger News
Thu, Dec 11
Disney to invest $1 billion in OpenAI, license characters for Sora video tool
Hollywood unions express concern about compensationDisney to use AI for internal film production efficiencyBy Dawn Chmielewski and Deborah Mary Sophia Dec 11 (Reuters) - Walt Disney DIS.N is investing $1 billion in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel fr...Reuters
Thu, Dec 11
Lululemon surges after annual profit forecasts rise, CEO departure announcement
Shares of athletic wear maker Lululemon Athletica LULU.O up about 11% at $207.37 in extended trading LULU says CEO Calvin McDonald will step down in January after about seven years at the helm Co lifts annual profit forecasts, helped by stronger sales of its sportswear and accessories in interna...Reuters
Thu, Dec 11
Tenaya Therapeutics slides after launching stock offering
Drug developer Tenaya Therapeutics' TNYA.O shares slide 12.5% to $1.19 in extended tradingTNYA unveils public offering of common stock and warrants; size not disclosedLeerink Partners and Piper Sandler are joint bookrunning managers for offering Separately, TNYA announces data from early trial f...Reuters
Thu, Dec 11
TRADING DAY-Investors cling to dovish Fed view
By Jamie McGeever ORLANDO, Florida, Dec 11 (Reuters) - Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lo...Reuters
Thu, Dec 11
CANADA STOCKS-TSX hits another record high as gold, copper prices climb
TSX ends up 0.5% at 31,660.73Eclipses Wednesday's record closing highMaterials group rises 3.1% as gold prices jumpTerraVest Industries surges 22.3% after quarterly resultsBy Fergal Smith TORONTO, Dec 11 (Reuters) - Canada's main stock index rose on Thursday to another record high as meta...Reuters
Thu, Dec 11
LightPath Technologies slides after unveiling planned capital raise
Optics and imaging systems provider LightPath Technologies' LPTH.O shares fall 9% to $8.29 in extended tradingLPTH kicks off public offering of common stock; size not disclosedCanaccord Genuity and Craig-Hallum are joint bookrunners for the offeringLPTH plans to use proceeds for working capital,...Reuters
Thu, Dec 11
REFILE-S&P 500 notches first record high close since October
By Noel Randewich Dec 11 (Reuters) - The S&P 500 notched its first record high close in over a month on Thursday as investors shifted to sectors including financials and materials amid worries about the valuations of high-flying AI stocks.The S&P 500 .SPX ended the session up 0.21% at 6,9...Reuters
Thu, Dec 11
Australian shares set to open higher, NZ inches up
Dec 12 (Reuters) - Australian shares were set to open higher on Friday, with local gold stocks expected to clock gains for a third consecutive session after the U.S. Federal Reserve's quarter-point rate cut boosted bullion prices. The local share price index futures YAPcm1 rose 1%, an 87-poin...Reuters
Thu, Dec 11
Broadcom forecasts upbeat quarterly revenue on strong AI chip demand
Dec 11 (Reuters) - Broadcom AVGO.O on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained, robust demand for its specialized artificial intelligence chips would power another year of growth and help quell investor worries of a spending slowdown. The compan...Reuters
Thu, Dec 11
GLOBAL MARKETS-Stocks mostly gain while Oracle sinks; US dollar, yields decline on Fed views
Oracle shares fall after quarterly results; Nasdaq down as wellDollar down against euro, other currencies in wake of Fed news WedTreasury yields also fallBy Caroline Valetkevitch NEW YORK, Dec 11 (Reuters) - Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record ...Reuters
Thu, Dec 11
LIVE MARKETS-S&P 500 notches record closing high; Oracle forecast miss dampens AI optimism
S&P 500 ~flat; Dow jumps; Nasdaq lowerComm svcs down most among S&P sectors; Materials lead gainersDollar, crude, bitcoin down; gold up >1% US 10-year Treasury yield falls to 4.15% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share you...Reuters
Thu, Dec 11
US STOCKS-Dow, S&P 500 post record closes; Oracle drags on Nasdaq
Dow outperforms other indexes on Wall StreetOracle update drags down some tech, AI stocksValue outperforms growth, small outperforms largeBy Sinéad Carew and Johann M Cherian Dec 11 (Reuters) - The S&P 500 and the Dow boasted record closing highs on Thursday as investors favored financial sto...Reuters
Thu, Dec 11
