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Top Calls on Wall Street: Nvidia, Apple, Tesla, UnitedHealth, Amazon, Palantir, Datadog & More
Here are the biggest calls on Wall Street on Wednesday:Bank of America reiterates Nvidia as buyBank of America raised its price target on Nvidia after a meeting with management.“Meanwhile we think valuation at 32x/25x CY26E/27E PE remains compelling given it represents 2x. Raise PO to $275 from $235...Tiger News
17 hours ago
FTSE 100 hits record high on strong forecasts from GSK, Next
FTSE 100 up 0.8%, FTSE 250 up 0.2%Glencore gains on strong copper outputNext shines after fourth outlook upgradeGSK gains as cancer, HIV drug sales lift 2025 outlook By Avinash P Oct 29 (Reuters) - London stocks gained on Wednesday, with the blue-chip FTSE 100 advancing to a record high for a se...Reuters
17 hours ago
Verisk cuts 2025 revenue forecast below Wall Street estimates
Oct 29 (Reuters) - Data analytics firm Verisk Analytics VRSK.O cut its annual revenue forecast below Wall Street estimates on Wednesday, sending shares down 8.7% in premarket trading.A slowdown in severe weather events weighed on demand for Verisk's catastrophe risk models, a key revenue driver ...Reuters
17 hours ago
TeraWulf slips after unveiling $500 mln convertible bonds offering for Texas data center
Data center operator TeraWulf's shares WULF.O down 3.1% at $15.44 premarket as it looks to raise capitalEaston, Maryland-based WULF announces private offering of $500 mln 0% convertible bonds due May 1, 2032 It intends to use net proceeds to partially fund construction cost of data center cam...Reuters
17 hours ago
Fortive jumps after lifting annual profit forecast
Shares of industrial equipment maker Fortive Corp FTV.N rise 11% to about $55 premarketFortive forecasts 2025 adj. profit at $2.63 to $2.67 per share vs. prior forecast of $2.50 to $2.60 per shareCo beat quarterly profit and revenue, aided by rising adoption of its automation software across industr...Reuters
17 hours ago
Are Bitcoin Treasury Companies Like Strategy a Better Investment Than the Coin Itself?
Key PointsStrategy borrowed $1.4 billion in March 2024 to buy more Bitcoin, sending its stock up 170% while Bitcoin "only" rose by 64%.Strategy's debt-fueled Bitcoin purchases create both opportunity and risk that direct Bitcoin ownership doesn't have.10 stocks we like better than Strategy › There a...The Motley Fool
17 hours ago
U.S. STOCKS ON THE MOVE-Copper miners, Kraft Heinz, Seagate
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures ticked higher on Wednesday, with Nvidia on track to become the first company to surpass $5 trillion in market value, while investors awaited the Federal Reserve'...Reuters
17 hours ago
Uber Will Challenge Waymo’s Robotaxi Dominance in San Francisco
Uber has picked the first city for the launch of its new robotaxi service with Lucid and Nuro. No surprise, it’s San Francisco.The companies have already begun on-road testing after the delivery of their first vehicle, a Lucid Gravity SUV modified with Nuro’s self-driving software. But they will sti...Tiger News
17 hours ago
Is XRP or Ethereum More Likely to Be a Millionaire Maker?
Key PointsXRP aims to revolutionize cross-border payments and gain some of SWIFT's massive market.Ethereum is the most widely used blockchain network for DeFi services and stablecoins.It would take incredible growth for either cryptocurrency to be a millionaire-maker.10 stocks we like better than XR...The Motley Fool
17 hours ago
American Electric Power gains on increased capex plan
Shares of U.S. utility American Electric Power AEP.O up 3.2% at $118.80 in premarket tradeCo raises its five-year capital spending plan to $72 billion from $54 billion to meet unprecedented power requirementsQ3 total operating revenue rose nearly 11% to $6.01 billion compared with a year agoAEP post...Reuters
17 hours ago
Why I Want to Buy This Beaten-Down 6%-Yielding Dividend Stock in My Retirement Account
Key PointsShares of ONEOK have slumped even though it continues to grow briskly. The company has multiple growth catalysts. It should have plenty of fuel to continue growing its high-yielding dividend. 10 stocks we like better than Oneok › The seemingly unrelenting rally in the stock market has made...The Motley Fool
17 hours ago
Boeing down, takes $5 bln charge on delays in 777X jet program
Shares of Boeing BA.N fall nearly 1% to about $221.6 premarket BA reports charge of ~$5 bln related to delays in 777X jet program Posts Q3 adj loss per share of $7.47, vs. est of $4.59 according to data compiled by LSEG Co's total backlog grew to $636 bln, including over 5,900 commercial airplan...Reuters
17 hours ago
Towerpoint Wealth Sells Over $2.5 Million VCIT Shares
Key PointsTowerpoint Wealth sold 33,519 shares in Vanguard Intermediate-Term Corporate Bond ETF, worth about $2.57 million.The trade represented about 1% of Towerpoint's AUM.Towerpoint still holds 173,521 VCIT shares, valued at $14.59 million.VCIT remains the fund’s fifth-largest holding, representi...The Motley Fool
17 hours ago
RPT-BREAKINGVIEWS-OpenAI secures freedom to dilute its investors
By Karen KwokLONDON, Oct 28 (Reuters Breakingviews) - OpenAI is paying a high price to secure its freedom from Microsoft MSFT.O. The ChatGPT maker on Tuesday unveiled a sweeping deal to break open its quirky shareholding structure and loosen the tech giant's grip. Microsoft gets an equity stake ...Reuters
17 hours ago
RPT-BREAKINGVIEWS-OpenAI’s hype machine faces a corporate challenge
By Karen Kwok LONDON, Oct 28 (Reuters Breakingviews) - If there’s one thing Sam Altman knows, it’s how to grab attention. The boss of ChatGPT developer OpenAI can be seen on viral clips in which his likeness, generated by the company’s buzzy new Sora video model, steals computer chips. He reg...Reuters
17 hours ago
Amplify Energy gains on East Texas assets sales
Shares of oil and gas company Amplify Energy AMPY.N up 2.1% at $4.42 in premarket tradeCo says it will exit from its East Texas assets through two major transactions totaling $127.5 millionCo has agreed to sell its remaining Haynesville and Cotton Valley interests for $122 million, with the deal ex...Reuters
17 hours ago
LIVE MARKETS-Where to be long against the dollar
STOXX 600 up 0.2%Nvidia nears $5 trillionBig Tech earnings, Fed awaitedNasdaq futures rise Welcome 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.comWHERE TO BE LONG AGAINST THE DOLLARThe dolla...Reuters
17 hours ago
GLOBAL MARKETS-Wall Street set to open higher ahead of Fed meeting, tech earnings
Wall Street futures rise on AI betsTraders expect 25 bps cut from FedPlanned Trump-Xi meeting keeps markets upbeatBy Elizabeth Howcroft PARIS, Oct 29 (Reuters) - European stocks edged higher and Wall Street futures were at new record highs on Wednesday ahead of earnings announcements from major U...Reuters
17 hours ago
Fiserv plunges after FY forecast downgrade
Payments firm Fiserv's FI.N shares slide 28.5% to $90.25Co lowers FY revenue forecast; expects organic revenue growth of 3.5% to 4%, compared with its prior forecast of 10%Expects adj. EPS between $8.50 and $8.60 for 2025, down from its earlier forecast of $10.15 to $10.30 per shareFI posts Q3 r...Reuters
17 hours ago
Old Dominion jumps after Q3 profit beat
Shares of U.S. trucking firm Old Dominion Freight Line ODFL.O rise more than 4% to $142 premarketODFL beats quarterly profit estimates on stronger-than-expected pricing performance, despite decline in shipment volumesCo posts Q3 EPS of $1.28/share vs analysts' average estimates of $1.22/share - ...Reuters
17 hours ago
