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Fractyl releases early data on weight recovery after halting obesity drugs; shares plummet
Shares of Fractyl Health GUTS.O fall 62.85% to 62 cents premarketCo says a small study showed that patients treated with its Revita procedure regained less weight after stopping popular weight-loss drugs than those given a sham treatmentRevita is an experimental endoscopic procedure that modifies a ...Reuters
Thu, Jan 29
MIDEAST-STOCKS-Gulf bourses end lower on Iran jitters
By Ateeq Shariff Jan 29 (Reuters) - Stock markets in the Gulf closed down on Thursday, as fears of a possible U.S. military action against Iran raised concerns that the region would bear the brunt of any Iranian retaliation.The deployment of a U.S. aircraft carrier and supporting warships to the ...Reuters
Thu, Jan 29
Shares of Marlboro maker Altria fall after Q4 EPS miss
Shares of tobacco giant Altria MO.N down 2.2% at $61.68 in premarket tradingCo posts Q4 adjusted EPS of $1.30 per share, slightly lower than analysts' average estimate of $1.32, according to data compiled by LSEGSees annual adjusted earnings of $5.56 to $5.72 per share for 2026, midpoint of whic...Reuters
Thu, Jan 29
Carvana Stock Rallies as Analysts Refute Short Report
Carvana shares rallied 5.6% in premarket trading as analysts refuted short report.BTIG has reiterated its Buy rating and $535.00 price target on Carvana despite the stock facing significant pressure due to circulating allegations about the company’s relationship with DriveTime.The research firm main...Tiger News
Thu, Jan 29
Whirlpool drops after 2026 forecast cut
Shares of home appliance firm Whirlpool WHR.N down 11.3% at $71.70 premarket after 2026 profit forecast misses estimates Co trims full-year adj. EPS to about $7.00, vs. earlier expectations of $7.31Lowers full-year revenue forecast to between $15.3 billion and $15.6 billion, from $15.8 billion earli...Reuters
Thu, Jan 29
LIVE MARKETS-Winners and losers from AI-driven commerce
STOXX 600 up 0.5%Chip stocks, miners rallySAP tanks after earningsNasdaq futures inch higherWelcome 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 WINNERS AND LOSERS FROM AI-DRIVEN ...Reuters
Thu, Jan 29
GRAINS-Chicago grain futures extend gains in aftermath of dollar slide
Jan 29 (Reuters) - Chicago corn, wheat and soybean futures rose further on Thursday to hold at around multi-week highs as a recent plunge in the dollar continued to support commodities priced in the U.S. currency.A sharp rise in crude oil, driven by concerns about possible U.S. military strikes agai...Reuters
Thu, Jan 29
Lockheed Martin rises after forecasting upbeat annual revenue, profit
Lockheed Martin LMT.N shares rise 4.8% to $626.17 premarket after co forecasts full-year revenue and profit above estimatesLMT expects 2026 adj. EPS between $29.35 and $30.25 vs analysts' average of $29.28 - LSEG-compiled dataCo expects demand for fighter jets, weapons to continue amid rising ge...Reuters
Thu, Jan 29
Summit rises after FDA accepts marketing application for lung cancer drug
Shares of drug developer Summit Therapeutics SMMT.O rise 3.71% to $16.22 premarketCo says the U.S. Food and Drug Administration has accepted its application to market its experimental drug to treat lung cancer Reports mixed results from patient subgroups in a longer-term follow-up of its late-stage...Reuters
Thu, Jan 29
International Paper rises after spinoff announcement
Packaging company International Paper's IP.N shares rise nearly 3% to $42.73 premarketCo announces plan to split into two publicly traded companies by spinning off European packaging businessSeparation expected to be completed in 12-15 monthsCo's quarterly sales of $6 billion beat estimates ...Reuters
Thu, Jan 29
ServiceNow shares fall after Q4 results; brokerages cut PT
Shares of enterprise software maker ServiceNow NOW.N fall 9.3% to $117.60 premarket, despite the company beating Q4 estimates and forecasting annual subscription revenue above Wall Street expectationsAt least 7 brokerages cut their PTs on the stock JPMorgan: "The malaise in software sentiment pe...Reuters
Thu, Jan 29
Blackstone rises as Q4 profit, revenue beat estimates
Shares of Blackstone BX.N, the world's largest alternative asset manager, rise 0.2% to $147.13 in choppy premarket trading after paring earlier gainsQ4 distributable earnings or cash that can be used to pay dividend of $1.75 per share beat analyst estimates of $1.54 per share- LSEG dataQ4 revenu...Reuters
Thu, Jan 29
RPT-ROI-The Trump and China metals rally extends beyond gold and silver: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde Russell LAUNCESTON, Australia, Jan 29 (Reuters) - The massive surge in gold and silver in recent months has been grabbing headlines, but behind the precious metal hype the less glamorous industrial meta...Reuters
Thu, Jan 29
RPT-BREAKINGVIEWS-VCs whistle past AI unicorn reality check
By Sebastian Pellejero NEW YORK, Jan 28 (Reuters Breakingviews) - Silicon Valley has accelerated from warp speed to humbling. SambaNova, once a poster child for bespoke AI, is a cautionary tale of engineering prowess crashing against cheaper and easier to deploy rivals. It’s also a warning for i...Reuters
Thu, Jan 29
LIVE MARKETS-Oil and the euro, swings and roundabouts for the ECB
STOXX 600 up 0.5%Chip stocks, miners rallySAP tanks after earningsNasdaq futures inch higherWelcome 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 OIL AND THE EURO, SWINGS AND ROUNDABOU...Reuters
Thu, Jan 29
Alibaba Weighs Boosting AI and Cloud Investment to RMB 480 Billion, LatePost Reports
Alibaba is considering increasing its investment in artificial intelligence infrastructure and cloud computing over the next three years to about RMB 480 billion, up from a previously discussed level of RMB 380 billion, according to Chinese technology publication LatePost, which cited people familia...Tiger News
Thu, Jan 29
Ameriprise Financial's profit rises as client assets hit record $1.7 trillion
Jan 29 (Reuters) - Asset and wealth manager Ameriprise Financial AMP.N reported a 10% rise in its fourth-quarter profit on Thursday, as an artificial intelligence-fueled market rally boosted the value of its fee-generating assets to a record high.Ameriprise's shares rose 4% in premarket trading....Reuters
Thu, Jan 29
Agricultural tech firm Cibus drops on equity offering
Agricultural technology firm Cibus CBUS.O shares down 4.5% premarket to $1.68 after $20 mln follow-on pricesSan Diego, California-based gene-editing co early Thurs announces ~13.3 mln shares at $1.50Board members Jean-Pierre Lehmann and co-founder Rory Riggs indicated to buy up to $1.5 mln of offeri...Reuters
Thu, Jan 29
Tractor Supply forecasts annual results below estimates as big-ticket spending weakens
Jan 29 (Reuters) - Tractor Supply TSCO.N on Thursday forecast annual sales and profit below estimates as demand for heavy-duty farming equipment in the U.S. stays muted amid economic uncertainty.The company also missed estimates for fourth-quarter net sales, taking its shares down about 5% in premar...Reuters
Thu, Jan 29
Street View: Starbucks stirs up turnaround hopes
Starbucks SBUX.O posted its first U.S. sales growth in two years as CEO Brian Niccol pushed the coffee chain back toward its coffeehouse roots, though margin pressure continued to worry investorsMedian PT of 39 brokerages covering the stock is $100 - data compiled by LSEG SALES SIP HIGHERJefferi...Reuters
Thu, Jan 29
