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United Natural Foods jumps after first-quarter profit beat
Shares of grocery wholesaler United Natural Foods UNFI.N surge about 12% to $38.36, after co beats profit estimates Reports Q1 adjusted EPS of 56 cents vs. analyst estimates of 41 cents- as per LSEG dataLogs Q1 net loss of $4 million vs. net loss of $21 million in last yearHowever, UNFI misses Q1 sa...Reuters
Tue, Dec 2
US energy stocks down as investors assess oversupply, geopolitics
S&P 500 energy index .SPNY falls 1.6% as oil prices edge lower O/RBrent crude LCOc1 down 0.6% at $62.79/barrel and U.S. West Texas Intermediate (WTI) crude futures CLc1 slip 0.6% at $58.96/barrelOil prices fall as traders weigh up risks from Ukrainian drone strikes on Russian energy sites and co...Reuters
Tue, Dec 2
P&G falls after CFO flags hit from US government shutdown
Shares of consumer packaged goods giant Procter & Gamble PG.N fall as much as 3.3% to a near two-year low of $142.51 in early tradingCurrent-quarter growth across categories in the U.S. was down both in volume and value significantly in October, as the government shutdown delayed SNAP benefits f...Reuters
Tue, Dec 2
Top Calls on Wall Street: Nvidia, Apple, Amazon, Meta, AMD, Micron, Eli Lilly, and More
Here are Tuesday’s biggest calls on Wall Street:Citi reiterates Nvidia and Synopsys as buyCiti said it’s bullish on Synopsys partnership with Nvidia.“Yesterday morning, NVDA invested $2.0 billion in SNPS at $414.79 per share (~2.6% stake) in a multi-year partnership to drive a migration from CPU-bas...Tiger News
Tue, Dec 2
Cloudflare rises after Barclays intiates coverage with 'overweight'
Shares of cloud firm Cloudflare NET.N up 4.3% at $205.64Barclays initiates coverage with "overweight" rating and PT of $235, representing upside of 19.2% to stock's last closing priceBrokerage says NET's homogeneous network supports 20% of internet with each of its product areas leve...Reuters
Tue, Dec 2
Signet Jewelers down after quarterly comparable sales forecast below estimates
Shares of diamond retailer Signet Jewelers SIG.N fall as much as 7.8% to $88.20 in early tradingCo forecasts Q4 same store sales in the range of a fall of 5% to a rise of 0.5%, the mid-point of which is below analyst estimates of a 0.78% rise - data compiled by LSEGExpects annual sales forecast in t...Reuters
Tue, Dec 2
Gibson Energy renews long-term oil sands deals, shares up
Shares of Canadian energy infrastructure firm Gibson Energy GEI.TO rise 1.1% to $25.7 Company renews a 20-year take-or-pay refined products services agreement with a senior integrated oil sands customer at its Edmonton TerminalIt also extends a terminal storage take-or-pay agreement by an additional...Reuters
Tue, Dec 2
US STOCKS-Tech rally lifts S&P 500 and Nasdaq as Fed rate cut bets grow
Indexes up: Dow 0.03%, S&P 500 0.37%, Nasdaq 0.85%Bitcoin stabilizes following massive losses Warner Bros rises on reports of offer from Netflix Boeing rises, expects higher deliveries of jets in 2026By Johann M Cherian and Pranav Kashyap Dec 2 (Reuters) - The S&P 500 and the Nasdaq w...Reuters
Tue, Dec 2
LIVE MARKETS-Wall Street indexes try to turn around their frowns
Main US indexes rise: Nasdaq out front, up almost 1%Tech leads S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.1%Dollar ~flat; crude slips; gold dips; bitcoin up ~5%US 10-Year Treasury yield edges up to ~4.11%Welcome to the home for real-time coverage of markets brought to...Reuters
Tue, Dec 2
Bristol Myers drops after US judge rules co must face $6.7 bln lawsuit
Shares of Bristol Myers Squibb BMY.N down 1.14% at $48.62 after U.S. judge rejects bid to dismiss $6.7 bln lawsuit over Celgene dealJudge allows UMB Bank to pursue claims on behalf of Celgene shareholders, alleging Bristol Myers breached contract and failed to act in good faith by delaying FDA appro...Reuters
Tue, Dec 2
Medicare Part B Premiums Are Rising in 2026. Here's What to Expect.
Key PointsMedicare Part B covers outpatient care. The cost of Part B is increasing substantially in 2026. For seniors on Social Security, that increase will eat into their upcoming cost-of-living adjustment. The $23,760 Social Security bonus most retirees completely overlook › There's a reason many ...The Motley Fool
Tue, Dec 2
Why United Natural Foods Stock Is Popular Today
Key PointsUnited Natural Foods "beat" on earnings last night, but still reported a GAAP loss. Guidance was weaker than expected, but investors are in a forgiving mood.United Natural Foods said it will probably earn a GAAP profit this year.10 stocks we like better than United Natural Foods › United N...The Motley Fool
Tue, Dec 2
PRECIOUS-Gold falls on profit-booking; investors eye Fed rate cut signals
Market expects 87% chance of 25-basis point rate cut in DecGold may reach $5,000 early in the new year, analyst saysCentral banks bought 53 tons of gold in October, WGC saysBy Anmol Choubey Dec 2 (Reuters) - Gold prices edged lower on Tuesday as investors took profits following a six-week high in...Reuters
Tue, Dec 2
Vestis drops on lower Q4 adjusted profit
Shares of uniform workplace supplies provider Vestis VSTS.N fall 6.6% to $6.28 after posting Q4 resultsReports Q4 adj. EPS of 3 cents vs 11 cents a year-ago Q4 revenue of $712 mln higher than $684.3 mln in Q4 2024Co launches business transformation plan, expected to generate cost savings of at least...Reuters
Tue, Dec 2
RPT-EXCLUSIVE-Hermes heir takes aim at LVMH's Arnault in missing shares civil lawsuit, court document shows
Lawsuit depends on outcome of criminal investigation Arnault, LVMH haven't been placed under formal investigation, prosecutors say Hermes heir Puech says he lost 6 million Hermes sharesCase linked to LVMH's build-up of position in rival Hermes By Tassilo Hummel and Juliette Jabkhiro PARIS...Reuters
Tue, Dec 2
Musk wins fight to keep lawyer Alex Spiro in Twitter trial
By Mike Scarcella WASHINGTON, Dec 2 (Reuters) - Elon Musk has persuaded a judge that his longtime lawyer Alex Spiro can represent him in a shareholder lawsuit over the billionaire's 2022 Twitter acquisition even though he may be a trial witness in the case. San Francisco-based U.S. D...Reuters
Tue, Dec 2
Should You Buy Rivian While It's Below $18?
Key PointsRivian has achieved key goals as it looks to become a profitable electric vehicle company.It has established important partnerships with Amazon and Volkswagen, which will help in its goals.The introduction of its mass-market truck, projected for 2026, will be a significant test for the com...The Motley Fool
Tue, Dec 2
Street View: Barrick’s North America IPO plan seen as key to unlocking value
Canadian miner Barrick Mining ABX.TO on Monday said it was exploring an initial public offering (IPO) of a subsidiary that would hold its North American gold assets as bullion prices this year have rallied to record highsShares of the company have gained 161.5% YTD, including session's moveNORTH...Reuters
Tue, Dec 2
Hermes heir takes aim at LVMH's Arnault in missing shares civil lawsuit, court document shows
Lawsuit depends on outcome of criminal investigation Arnault, LVMH haven't been placed under formal investigation, prosecutors say Hermes heir Puech says he lost 6 million Hermes sharesCase linked to LVMH's build-up of position in rival Hermes By Tassilo Hummel and Juliette Jabkhiro PARIS...Reuters
Tue, Dec 2
