News
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Australia's Stakk rises on agreement with Panacea Financial
Shares of Australia's Stakk SKK.AX rise as much as 17.1% to A$0.041 - highest level since November 25Stock posts biggest intraday pct gain since November 25SKK on track to snap two consecutive week of losses, up 2.7% in the week so farFinance company signs multi-year agreement with Panacea Finan...Reuters
Thu, Dec 4
ROI-Asia's stocks ride a reform wave, but rough seas lie ahead: Raychaudhuri
By Manishi Raychaudhuri HONG KONG, Dec 5 - Asia's stock markets are finally fighting back. The region's flagship index has jumped more than 25% this year, outpacing the S&P 500's .SPX roughly 16% gain, as a wave of governance reforms and fresh domestic money has started to chip aw...Reuters
Thu, Dec 4
Critical Minerals Companies Shares Shined. USAR And CRML Up 20%; OKLO And UAMY Up 15%; NB And SMR Up 10%; LTBR And UEC Up 9%.
Critical minerals companies shares shined. USAR and CRML up 20%; OKLO and UAMY up 15%; NB and SMR up 10%; LTBR and UEC up 9%.The US government plans to take more equity stakes in critical minerals companies, a White House official said Thursday, calling the once-rare move necessary to counter China’...Tiger News
Thu, Dec 4
SentinelOne forecasts lackluster revenue, CFO to depart
Dec 4 (Reuters) - Cybersecurity firm SentinelOne S.N forecast fourth-quarter revenue below analysts' expectations on Thursday, and said Chief Financial Officer Barbara Larson will step down.The shares of the company fell more than 7% in extended trading.The muted outlook underscores the challeng...Reuters
Thu, Dec 4
Fintech SoFi falls after unveiling $1.5 bln stock offering
Shares of fintech lender SoFi Technologies SOFI.O down 5.6% post-market to $27.94 after equity offering newsSan Francisco-based SOFI announces $1.5 bln stock offeringIt intends to use net proceeds for general purposes, including enhancing capital position, funding growth and business opportunitiesGo...Reuters
Thu, Dec 4
Cooper Companies initiates strategic review; shares jump
Dec 4 (Reuters) - Cooper Companies COO.O said it is initiating a formal strategic review aimed at identifying opportunities to enhance long-term shareholder value, sending shares up 10% in extended trading.The medical device maker said it is actively focused on improving performance in core markets,...Reuters
Thu, Dec 4
New Fortress Energy gains on supply deal approval with Puerto Rico government
Shares of U.S. LNG firm New Fortress Energy NFE.O rise 20% to $1.67 after the bellNFE receives final approval from the Financial Oversight and Management Board for its seven-year gas supply deal with the Puerto Rican governmentContract secures delivery of about 75 trillion British thermal units of n...Reuters
Thu, Dec 4
Oklo falls after unveiling planned $1.5 billion share sale
Shares of Sam Altman-backed nuclear technology firm Oklo OKLO.N fall 6.3% to $104.40 in extended tradingOKLO unveils up to $1.5 billion "at-the-market" equity offering programGoldman Sachs, BofA Securities, Citigroup, Morgan Stanley, Barclays Capital, TD Securities, Guggenheim Securities, B....Reuters
Thu, Dec 4
Biotech firm Protara tumbles on planned $75 mln equity raise
Protara Therapeutics' TARA.O shares down 12% after hours to $6.05 as co seeks equityCo commences $75 mln offering comprised of stock and pre-funded warrantsIt intends to use net offering proceeds to fund clinical development of its cell therapy, TARA-002, and development of other clinical progra...Reuters
Thu, Dec 4
TRADING DAY-Claims muddy Fed outlook
By Jamie McGeever ORLANDO, Florida, Dec 4 (Reuters) - Wall Street's big three indices were little changed on Thursday, while the dollar and Treasury yields rose, after a surprisingly strong U.S. labor market indicator called into question how much lower the Fed will cut interest rates nex...Reuters
Thu, Dec 4
GLOBAL MARKETS-Global shares and dollar higher as markets eye Fed rate cuts
Fed expected to cut rates amid weak economic dataUS dollar index is set to snap nine-session losing streakJapanese stocks lead gains, Nikkei up 2%By Chibuike Oguh and Amanda Cooper NEW YORK/LONDON, Dec 4 (Reuters) - Global shares and the dollar on Thursday were mostly higher as traders await a Fe...Reuters
Thu, Dec 4
Ulta Beauty lifts annual forecasts on demand for cosmetics
Dec 4 (Reuters) - Ulta Beauty ULTA.O raised its annual sales and profit forecast on Thursday, betting on strong demand for its makeup and skincare products going into the holiday season.Shares of the company, which also reported third-quarter results above estimates, were up about 5% in trading afte...Reuters
Thu, Dec 4
Cooper Companies initiates strategic review; shares jump
Shares of medical device maker Cooper Companies COO.O rise 11.64% to $86.00 after the bellCo initiates a strategic review to enhance shareholder valueIt expects fiscal 2026 adj. profit per share in the range of $4.45 to $4.60, above analysts' estimates of $4.39, according to data compiled by LSE...Reuters
Thu, Dec 4
Ulta Beauty gains after raising annual results forecast
Shares of Ulta Beauty ULTA.O up 4.6% at $558.82 after the bellCo raises annual sales and profit forecasts on strong demand for its makeup and skincare productsExpects annual profit of $25.20 to $25.50 per share, compared with its prior forecast of $23.85 to $24.30 apieceExpects comparable sales rise...Reuters
Thu, Dec 4
LIVE MARKETS-Wall Street little changed ahead of cold supermoon
Nasdaq, S&P 500 end slightly higher; Dow edges redIndustrials lead S&P sector gainers; Staples, Healthcare tied for weakest groupsDollar gains; gold edges up; U.S. crude gains >1%; bitcoin off >1%US 10-Year Treasury yield rises to ~4.10%Welcome to the home for real-time coverage of ma...Reuters
Thu, Dec 4
Capricor Therapeutics launches equity offering following stock surge
Capricor Therapeutics' CAPR.O shares up 3.2% at $26.20 i n extended trading as it looks to raise equity San Diego, California-based biotech firm commences stock offering without disclosing deal size CAPR shares surged 371% to an 8-year high on Weds after co said its experimental cel...Reuters
Thu, Dec 4
SentinelOne falls after forecasting fourth-quarter revenue below estimates
Shares of Cyber Security firm SentinelOne S.N fall 6.6% to $15.89 after the bellCo forecasts Q4 revenue of $271 million, below analysts' estimates of $273.1 million - data compiled by LSEGHowever, posts quarterly revenue of $258.9 million, vs analysts' estimates of $257.7Announces Barbara La...Reuters
Thu, Dec 4
US STOCKS-Indexes end near flat, supported by Fed hopes but dragged by Amazon
Hormel Foods rises after annual profit forecast above estimatesSalesforce climbs as FY26 outlook gets boostKroger falls, Dollar General climbs after outlooksIndexes: Dow off 0.07%, S&P up 0.11%, Nasdaq up 0.22%By Chuck Mikolajczak Dec 4 (Reuters) - U.S. stocks closed near the unchanged mark o...Reuters
Thu, Dec 4
CANADA STOCKS-TSX rises to record high as bank earnings beat estimates
TSX ends up 1% at 31,477.57Eclipses Friday's record closing highCIBC shares rise 4.1% after earnings beatShares of Decartes jump 14.4%By Fergal Smith Dec 4 (Reuters) - Canada's main stock index rose to a record high on Thursday as stronger-than-expected bank earnings boosted financial sha...Reuters
Thu, Dec 4
SentinelOne forecasts quarterly revenue below estimates, CFO to step down
Dec 4 (Reuters) - Cybersecurity firm SentinelOne S.N on Thursday forecast fourth-quarter revenue below analysts' expectations and said Chief Financial Officer Barbara Larson will step down.The shares of the company fell 6% in extended trading.The company forecast forth-quarter revenue of $271 mi...Reuters
Thu, Dec 4
