News
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Lam Research surges on upbeat quarterly forecast
Shares of semiconductor equipment maker Lam Research LRCX.O up 3% at $246.86 in extended trading Co forecasts quarterly revenue above estimates as enterprises ramp up orders of its chipmaking tools Expects Q3 revenue of $5.7 billion, plus or minus $300 million, compared with analysts' estimates ...Reuters
Wed, Jan 28
LendingClub falls after Q4 provisions come in above estimates
LendingClub LC.N shares fall 4.6% to $18.68 in trading after the bell Company reports quarterly provision for credit losses of $47.2 million above Wall Street estimate of $46.1 million - LSEGReports net income of $41.6 million, or 35 cents per share, in the three months ended December 31, compared t...Reuters
Wed, Jan 28
Joby Aviation loses altitude after $1 bln stock, convertible deals announced
Shares of electric air taxi maker Joby Aviation JOBY.N down 12.3% in extended trading to $11.73 as it seeks capital raiseSanta Cruz, California-based JOBY announces offerings of convertible bonds (CBs) due 2032 and common stock for anticipated gross proceeds of $1 blnCo intends to use net proceeds f...Reuters
Wed, Jan 28
TRADING DAY-Fed almost incidental to market swirl
By Jamie McGeever ORLANDO, Florida, Jan 28 (Reuters) - The dollar snapped higher and Wall Street wobbled on Wednesday, but not before the S&P 500 broke above 7,000 points for the first time, after the Federal Reserve kept interest rates on hold and flagged rising inflation risks. More on that...Reuters
Wed, Jan 28
US STOCKS-Nasdaq ends slightly up, S&P 500 flat as Fed brings little surprise
Indexes: Dow up 0.02%, S&P 500 down 0.01%, Nasdaq up 0.17%Fed keeps rates steady, cites stabilizing jobs market, high inflationTraders still bet first rate cut will be in JuneTexas Instruments, AT&T, Seagate shares rally after quarterly updatesReactions to after the bell Mag 7 earnings mixed...Reuters
Wed, Jan 28
Levi Strauss down after forecasting annual profit below estimates
Shares of denim apparel maker Levi Strauss & Co LEVI.N down ~2 at $20.07 in extended trading Expects annual adjusted EPS in the range of $1.40 to $1.46, below analysts' average estimate of $1.48 — data compiled by LSEG Sees annual reported net revenue growth from continuing operations in the...Reuters
Wed, Jan 28
Agricultural tech co Cibus slides on stock offering unveil
Agricultural technology firm Cibus CBUS.O shares down 13.1% post-market to $1.53 as it plans equity raiseSan Diego, California-based gene-editing firm announces stock offering without disclosing deal sizeBoard members Jean-Pierre Lehmann and co-founder Rory Riggs have indicated to buy up to $1.5 mln...Reuters
Wed, Jan 28
Meta up; expects annual capital expenditures to rise
Meta Platforms' META.O shares rise 5% to $703.13 after the bellExpects capital expenditure in range of $115 billion to 135 billion for 2026 vs $72.22 billion in 2025META reports Q4 revenue of $59.89 billion, up 24% y-o-y, beating estimates of $58.59 billion, according to data compiled by LSEG Se...Reuters
Wed, Jan 28
GLOBAL MARKETS-Stocks edge higher, dollar pares some gains after Fed keeps rates steady
Dollar steadies after sharp dropS&P 500 crosses 7,000 levelFed keeps rates steady as expectedBy Chuck Mikolajczak NEW YORK, Jan 28 (Reuters) - Global stocks touched an intraday record for a third straight session on Wednesday, while the U.S. dollar largely held on to gains after the Federal R...Reuters
Wed, Jan 28
Microsoft shares fall; company reports high spending, slight cloud revenue beat
Shares of Microsoft MSFT.O fall 4.5% at $460 in extended trading Co's revenue at its Azure cloud division grew 39% in the October-December period vs ests of 38.8%, according to Visible AlphaMicrosoft's capital spending totaled $37.5 billion in its fiscal second quarter, a jump of nearly 66% ...Reuters
Wed, Jan 28
LIVE MARKETS-S&P 500 ends with slight dip after Fed; semis rally to record
Nasdaq, Dow end slightly green; S&P 500 edges lowerFOMC leaves rates unchangedReal Estate weakest S&P 500 sector; Energy leads gainersDollar rallies ~0.5%; bitcoin edges up; crude up >1.5%; gold up >3.5%US 10-Year Treasury yield rises to ~4.25%Welcome to the home for real-time coverage...Reuters
Wed, Jan 28
CANADA STOCKS-TSX gains as energy, material stocks lift index
TSX up 0.24% Bank of Canada holds rates, says hard to predict future movesU.S. Fed also holds rates By Utkarsh Hathi and Nivedita Balu Jan 28 (Reuters) - Canada's main stock index closed higher on Wednesday, helped by gains in material and energy stocks, as the index recovered from earlier...Reuters
Wed, Jan 28
IBM rises after beating quarterly revenue estimates
Shares of IBM IBM.N up 8.7% at $319.92 in extended trading IBM posts Q4 revenue of $19.69 billion, beating analysts' average estimate of $19.23 billion, according to data compiled by LSEGReports quarterly adjusted earnings of $4.52 per share vs estimates of profit of $4.32 per shareQ4 sales in c...Reuters
Wed, Jan 28
Comstock tumbles on stock offering launch
Clean energy firm Comstock Inc's LODE.A shares down 15% to $3 post-market after planned equity raise news Virginia City, Nevada-based firm commences stock offering; deal size not disclosed Co intends to use net offering proceeds to fund capex for its metals business, any remain...Reuters
Wed, Jan 28
Whirlpool Q4 revenue misses estimates, partly hurt by fall in N. America sales
OverviewHome appliance company's Q4 revenue missed analyst expectations2026 guidance includes net sales growth and ongoing EPS of ~$7.00OutlookWhirlpool forecasts 2026 GAAP EPS of approximately $6.25 and ongoing EPS of $7.00Company expects 2026 cash flow from operations of ~$850 mln and free cas...Reuters
Wed, Jan 28
Tesla rises after beating Q4 revenue estimates
Shares of EV maker Tesla TSLA.O up 3% at $443 in extended trading Co reported Q4 revenue of $24.9 billion vs ests of $24.79 billion, according to data compiled by LSEGTesla also said it had entered into an agreement to invest about $2 billion in Musk's xAI startupWall Street expects the company ...Reuters
Wed, Jan 28
Tesla Tops Estimates For Quarter, But Wraps Up First Annual Revenue Drop On Record
Teslareported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 4% in extended trading.Here’s how the company did, compared with estimates from analysts pol...Tiger News
Wed, Jan 28
US STOCKS-S&P 500 dips slightly after Fed keeps rates steady as expected
Fed keeps rates steady, cites stabilizing jobs market, high inflationTraders still bet first rate cut will be in JuneTexas Instruments, AT&T, Seagate shares rally after quarterly updatesInvestors wait for Mag 7 earningsBy Sinéad Carew and Pranav Kashyap Jan 28 (Reuters) - The S&P 500 clos...Reuters
Wed, Jan 28
Jefferies sees low risk of earnings impact for CSL from potential US regulatory review
Jefferies expects minimal risk of meaningful earnings impact for CSL CSL.AX as various U.S. regulatory reviews including CMS programs are undertakenBrokerage says there is ongoing lack of regulatory focus on plasma - key product for CSL - compared with other drug categoriesAdds plasma industry looks...Reuters
Wed, Jan 28
Truth Social Funds plans acquisition of God Bless America ETF
Truth Social to acquire God Bless America ETF, pending shareholder approvalTruth Social ETFs have $46 million in assets one month after launchYALL complements Truth Social's index-backed funds with active managementBy Suzanne McGee Jan 28 (Reuters) - Yorkville America Equities, LLC, the inves...Reuters
Wed, Jan 28
