News
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Some Chip Stocks Jump With Intel up 6%
Some chip stocks jumped in morning trading. Intel rose 6%; GlobalFoundries rose 5%; Micron, Seagate, and Western Digital rose 4%; Microchip Technology, AMD, STMicroelectronics, and Broadcom rose 3%; Marvell Technology, TSMC, Arm, and Qualcomm rose 2%; ASML rose 1%.Tiger News
Fri, Dec 5
Humana rises after Jefferies upgrades to 'buy'
Health insurer Humana HUM.N shares rise 3.5% to $261.89Jefferies upgrades to "buy" from "hold" and raises price target to $313, representing a 23.7% upside to the share's last closeAttributes company's Stars diversification efforts for the bump upBrokerage raises FY26 EPS est...Reuters
Fri, Dec 5
Is There a Massive Opportunity Ahead for Digital Realty Trust Stock?
Key PointsDigital Realty Trust works with more than 5,000 customers, including big tech.Its vast customer base could help it ink a flurry of AI data center deals --once it has more of those sorts of data centers to offer.Retrofitting a standard data center to handle AI workloads can take 18 months, ...The Motley Fool
Fri, Dec 5
Ulta Beauty soars to record high on raised outlook amid strong makeup, skin care demand
Shares of Ulta Beauty ULTA.O jump as much as 12% to a record high at $595.94The cosmetic retailer raised its annual sales and profit forecasts, benefiting from strong demand for its makeup and skincare productsCo expects annual profit of $25.20-$25.50 per share, vs its prior forecast of $23.85-$24.3...Reuters
Fri, Dec 5
Fastly falls after convertible bond sale boosted to $160 mln
Content-delivery network co Fastly's FSLY.N shares down 8.2% to $10.57 early Fri after capital raise to reduce debt San Francisco-based FSLY early Fri announced pricing private offering of $160 mln 0% 5-yr convertible bonds (CBs) Initial conversion price set at $15.26, a 32.5% pre...Reuters
Fri, Dec 5
Why Albemarle Stock Zoomed Higher by 32% in November
Key PointsThe growing demand for lithium for energy storage is offsetting global weakness in demand from electric vehicle batteries. Management has implemented cost-cutting measures and productivity enhancements that are reducing expenses and enhancing profit potential. The lithium market is improvi...The Motley Fool
Fri, Dec 5
Victoria's Secret soars after annual forecasts raise on strong demand
Shares of lingerie maker Victoria's Secret VSCO.N up about 15% at $47.61 in early market tradingCo raises annual sales and profit forecast, betting on strong demand for its curated product assortment of iconic brands including Victoria's Secret and PINKNow expects annual net sales of $6.45 b...Reuters
Fri, Dec 5
Waterloo Capital Trims Bond ETF Stake
Key PointsWaterloo sold 119,651 shares of SLQD with an estimated value of $6.05 million. Post-trade, the stake stands at 221,451 shares, worth $11.26 millionSLQD now accounts for 0.84% of the fund’s AUM, placing it outside the fund’s top five holdings. These 10 stocks could mint the next wave of mil...The Motley Fool
Fri, Dec 5
Crypto Stocks Drop as Bitcon Falls Below $90,000 Again
Crypto stocks dropped in morning trading as bitcoin fell below $90,000. CleanSpark, Bitfarms, American Bitcoin, and Cipher Mining fell 5%; Circle, SharpLink Gaming, TeraWulf, Bullish, MARA Holdings, Robinhood, Strategy, and IREN fell 3%; Coinbase and BitMine fell 2%.Tiger News
Fri, Dec 5
Gold miners rise as US rate cut expectations grow
Shares of gold miners rise, tracking price of bullion GOL/Spot gold XAU= up 0.7% at $4,235.59/ouncePrices rise as expectations gain traction that the Federal Reserve will cut interest rates next week, with investors awaiting U.S. inflation data that could clarify the central bank's next moveTop ...Reuters
Fri, Dec 5
OpenAI CEO Sam Altman Just Delivered Incredible News to Alphabet (Google) Investors
Key PointsGoogle's recently updated Gemini model outperformed rivals, setting off alarm bells at OpenAI.OpenAI CEO Sam Altman issued a "code red," shifting employee priorities to improving ChatGPT.Alphabet's AI ambitions have previously been viewed with skepticism, but the search leader is winning n...The Motley Fool
Fri, Dec 5
ITT buys SPX Flow in a $4.8 billion deal; shares fall
Shares of industrial parts supplier ITT ITT.N fall nearly 3.5% to about $177 in morning trading Co to buy pump-maker SPX Flow from private equity firm Lone Star Funds in a cash-and-equity deal valued at $4.78 billion ITT will issue $700 million in common stock to Lone Star and fund the cash port...Reuters
Fri, Dec 5
Wall St Week Ahead-Fed's internal split puts spotlight on Powell's rate guidance, dissents
Fed's internal division over interest-rate cut draws investors' attentionMarkets pricing in an 85% chance of quarter-point cutPowell's guidance and dissent count being watched for clues about future Fed policyBy Laura Matthews NEW YORK, Dec 5 (Reuters) - The Federal Reserve meeting ne...Reuters
Fri, Dec 5
Raymond James downgrades Atlantic Union Bank to 'market perform'
Raymond James downgrades shares of U.S. regional lender Atlantic Union Bank AUB.N to "market perform" from "strong buy"Brokerage cuts EPS estimates to reflect lower yields on new loan originations and slower-than-expected accretion from acquisition of Sandy Spring Bancorp and America...Reuters
Fri, Dec 5
Praxis jumps on positive meeting with FDA for tremor drug, epilepsy trial success
Shares of drug developer Praxis Precision Medicines PRAX.O rise 36% to $257.89, the highest in nearly four yearsCo late on Thursday said U.S. FDA has agreed on NDA for its tremor drug, ulixacaltamideNDA stands for "New Drug Application"Co also reported positive interim results for its rare e...Reuters
Fri, Dec 5
EUDA Health rises after convertible warrant deal
Shares of Singapore-based healthcare provider EUDA Health EUDA.O rise 2.4% to $2.90 Co says it agreed to sell a $100,000 convertible warrant to investment firm Streeterville CapitalDeal lets Streeterville buy up to 2 mln EUDA shares at $6 each within 90 days, co saysEUDA may require Streeterville to...Reuters
Fri, Dec 5
LIVE MARKETS-BofA sees regulatory U-turn putting European autos back in the driver's seat
US equity index rise modestly: Nasdaq leads, up ~0.4%Among S&P sectors utilities is weakest, comms servcies gains mostEuro STOXX 600 index up 0.3%Dollar slips, gold rises, crude up 0.5%; bitcoin dips ~2%US 10-Year Treasury yield edges up to ~4.11%Welcome to the home for real-time coverage of mar...Reuters
Fri, Dec 5
Street View: Higher traffic drives Dollar General’s growth amid turnaround efforts
Dollar General DG.N raised its annual profit forecast after beating third-quarter earnings estimates on Thursday, as value-seeking shoppers across income levels flock to its stores amid economic uncertaintyAverage rating of 30 analysts is "buy"; median PT is $128 - data compiled by LSEG ...Reuters
Fri, Dec 5
