News
Important Only
Samsung SDI unit signs US battery deal worth over $1.36 bln for energy storage systems
SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI 006400.KS said on Wednesday that its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. customer for energy storage systems, triggering a sharp rally in its shares. The contract is valued at ...Reuters
Wed, Dec 10
SpaceX to Pursue 2026 IPO Raising Above $30 Billion
SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of all time.Tiger News
Wed, Dec 10
RPT-ROI-Fed could surprise market with T-bill buying binge: McGeever
By Jamie McGeeverORLANDO, Florida, Dec 9 (Reuters) - The Federal Reserve is widely expected to trim interest rates on Wednesday, but if Chair Jerome Powell wants to give markets an added holiday surprise, here's one option: about $45 billion of monthly short-term bill purchases.That's the ou...Reuters
Wed, Dec 10
Post-Bell | S&P 500 Ends Slightly Down. Silver Hits $60/Oz Milestone; JPMorgan Falls 5%; AutoZone Sinks 7%; CoreWeave Jumps 5%; BMNR up 9%; Pan American Silver up 11%
The S&P 500 ended Tuesday's session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest U.S. bank warned of hefty expenses for 2026. Market S...Tiger News
Wed, Dec 10
Australia-listed GQG Partners fall as YTD net outflows widen in November
Australian-listed shares of GQG Partners GQG.AX fall as much as 5.9% to A$1.67, their biggest intraday pct fall since November 20Stock at its lowest level since November 26; on track to record its third consecutive session of lossesGQG among top losers on the benchmark ASX 200 index .AXJO, which is ...Reuters
Wed, Dec 10
GLOBAL MARKETS-Stocks slip ahead of Fed announcement; yields, dollar up slightly
Investors consider Nvidia decision Investors cautious ahead of central bank meetingsFed rate cut all but certain, focus moves to outlookBy Caroline Valetkevitch NEW YORK, Dec 9 (Reuters) - Most major stock indexes dipped, while the dollar and U.S. Treasury yields edged higher on Tuesday before a ...Reuters
Tue, Dec 9
Miami International slips as investors look to slice stake in secondary offering
Exchange operator Miami International's MIAX.N shares down 2.1% at $44.85 in extended tradingMIAX kicks off secondary offering of 6.75 million shares to be sold by certain selling stockholdersJ.P. Morgan, Morgan Stanley and Piper Sandler are lead joint bookrunning managers for the offeringBuyout...Reuters
Tue, Dec 9
Legence slips as Blackstone looks to cut stake in secondary offering
Engineering and maintenance services provider Legence's LGN.O shares down 4.4% at $46.35 in extended tradingLGN announces launch of secondary offering of 7 million shares by alternative asset manager Blackstone BX.N Goldman Sachs and Jefferies are acting as joint lead book-running managers and B...Reuters
Tue, Dec 9
Denali Therapeutics slides after launching $200 million share sale
Drug developer Denali Therapeutics' DNLI.O shares slide 9% to $17.90 in extended tradingDNLI kicks off public offering of $200 million worth of shares and pre-funded warrantsGoldman Sachs, J.P. Morgan Securities, Morgan Stanley and Jefferies are joint book-running managers for offeringProceeds w...Reuters
Tue, Dec 9
TRADING DAY-Nervy Fed vigil almost over
By Jamie McGeever ORLANDO, Florida, Dec 9 (Reuters) - U.S. stocks, bonds and the dollar held relatively steady on Tuesday as investors braced for the Federal Reserve's policy decision on Wednesday, while surprisingly hawkish remarks from Australia's central bank governor rocked market...Reuters
Tue, Dec 9
GE Vernova forecasts higher 2026 revenue, boosts share buyback
Dec 9 (Reuters) - GE Vernova GEV.N said on Tuesday it expects higher revenue in 2026, compared with its forecast for 2025, on the back of strong power demand and boosted its share buyback plan by $4 billion. The company's shares were up 6.7% at $667.37 in after-market trading. The turbin...Reuters
Tue, Dec 9
GameStop quarterly revenue misses estimates amid struggles with digital pivot
Dec 9 (Reuters) - GameStop GME.N posted third-quarter revenue below analysts' estimates on Tuesday, as the video game retailer struggles to gain ground following its pivot to digital downloads and streaming, sending its shares down 5.8% in after-hours trading.The Grapevine, Texas-based company, ...Reuters
Tue, Dec 9
US STOCKS-S&P 500 ends slightly down as investors await Fed rate decision
Indexes mixed: Dow falls 0.38%, S&P 500 off 0.09%, Nasdaq adds 0.13%JPMorgan shares fall most since early April after expense commentsU.S. to allow Nvidia H200 chip shipments to ChinaWarner Bros fight heats up with $108 bln hostile bid from ParamountInvestors assess JOLTS dataBy Sinéad Carew and...Reuters
Tue, Dec 9
Cracker Barrel down after annual revenue forecast cut
Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O fall about 12% to $23.95 after the bellCo cuts annual revenue forecast as backlash over its short-lived logo change hurt store traffic in Q1Now expects FY2026 revenue of $3.2 billion to $3.3 billion vs. prior forecast of $3.35 bil...Reuters
Tue, Dec 9
CANADA STOCKS-TSX rises as soaring silver prices boost mining shares
TSX ends up 0.2% at 31,244.37Materials group rises 2% as silver hits record highAnglo American and Teck Resources approve mergerEnergy falls 1.1% as oil settles lowerBy Fergal Smith Dec 9 (Reuters) - Canada's main stock index advanced on Tuesday, led by metal mining shares, but the move was l...Reuters
Tue, Dec 9
GameStop falls after Q3 sales miss estimates
Shares of Videogame retailer GameStop GME.N fall 5.6% to $21.89 in after-hours tradingCo's quarterly revenue of $821 million misses analysts' average expectation of $987.28 millionCo reports Q3 adjusted profit of 24 cents per share, vs analysts' average estimate of 20 cents per share – L...Reuters
Tue, Dec 9
GE Vernova climbs after forecasting higher 2026 revenue
Shares of power equipment maker GE Vernova GEV.N rise 6% to $662.09 after the bellGEV sees higher revenue in 2026, compared with its 2025 forecast Expects 2026 revenue between $41 billion and $42 billion vs 2025 forecast of between $36 billion and $37 billion Company sees 16% to 18% organic revenue ...Reuters
Tue, Dec 9
LIVE MARKETS-Stocks mixed, investors non-committal: Over to you, Jerome
US stocks end mixed, S&P 500, Dow lose ground; Nasdaq advancesEnergy leads S&P sector gainers; Healthcare biggest laggardGold, dollar up; bitcoin gains >1.5%; crude slidesUS 10-year Treasury yields edges up to 4.18% Welcome to the home for real-time coverage of markets brought to you by R...Reuters
Tue, Dec 9
US STOCKS-S&P 500 edges down as investors await Fed rate decision
JP Morgan shares turn red after expense commentsU.S. to allow Nvidia H200 chip shipments to ChinaWarner Bros fight heats up with $108 bln hostile bid from ParamountInvestors assess JOLTS dataBy Sinéad Carew and Johann M Cherian Dec 9 (Reuters) - The S&P 500 ended Tuesday's session slightl...Reuters
Tue, Dec 9
