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US STOCKS-Wall St edges higher after inflation rises moderately in July
Indexes up: Dow 0.37%, S&P 500 0.32%, Nasdaq 0.32%US core inflation jumps by 3.1% in JulyIntel climbs after CEO meets TrumpCardinal Health falls on plans to buy Solaris for $1.9 blnBy Johann M Cherian and Sanchayaita Roy Aug 12 (Reuters) - Wall Street's main indexes inched higher on ...
Reuters
Tue, Aug 12
Cardinal Health falls after Q4 revenue miss, $1.9 billion deal to buy Solaris Health
** Shares of drug distributor Cardinal Health CAH.N fall as much as 11.75% to over a 3-month low of $137.91 ** Stock set for biggest single-day percentage drop since August 2021 ** CAH posts Q4 revenue of $60.2 billion, below analysts' estimates of $60.8 billion - data compiled by LSEG ...
Reuters
Tue, Aug 12
If You'd Invested $10,000 in Navitas Semiconductor Stock 2 Years Ago, Here's How Much You'd Have Today
Key PointsIts partnership with Nvidia is proof of the long-term potential for silicon carbide and gallium nitride chips.Investors are looking to 2027 and the launch of new data centers to spur Navitas' growth. 10 stocks we like better than Navitas Semiconductor › If you're wondering how much you'd h...
The Motley Fool
Tue, Aug 12
Should You Choose a Traditional IRA Over a Roth for Retirement Savings?
Key PointsYou never escape income taxes, but IRAs can help you control when you pay them, possibly lowering your lifetime tax payments.Roth IRAs are exempt from required minimum distributions, a boon if it’s your intent to leave some of your retirement account for an heir.Many investors choose to ha...
The Motley Fool
Tue, Aug 12
Clearside Biomedical Inc reports results for the quarter ended June 30 - Earnings Summary
Clearside Biomedical Inc CLSD.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of seven analysts for the quarter was for a loss of 10 cents per share. ...
Reuters
Tue, Aug 12
Is IonQ a Buy?
Key PointsThe quantum computing upstart isn't profitable and losses are widening. What's more, it's unclear how long it'll take for the market to develop.At this point, IonQ's stock price has likely risen too high, too quickly. 10 stocks we like better than IonQ › The share prices of many quantum co...
The Motley Fool
Tue, Aug 12
U.S. airlines shares rise as fares go up in July
** Shares of U.S. airlines rose after Consumer Price Index data showed rising airfare in July** Data shows airline fares rose 4% in July vs 0.1% fall last month** Jetblue Airways JBLU.O, American Airlines AAL.O up nearly 6%; United Airlines UAL.O, Delta Air Lines DAL.N up about 5%; Southwest Airline...
Reuters
Tue, Aug 12
Copper miners gain on US-China trade truce extension
** Shares of copper miners gain, tracking red metal prices** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.7% at $9,800 a metric ton** Copper prices rise as relief dominated the mood after the U.S. and China extended their tariff truce, while optimism was buoyed by a lower dol...
Reuters
Tue, Aug 12
Why Did This Bearish Analyst Suddenly Change His Mind on Google?
In this video, I talk about Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and why a previously bearish analyst changed his tone regarding Google's business. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug...
The Motley Fool
Tue, Aug 12
Can This Beaten-Down Stock Bounce Back?
Key PointsEditas Medicine's shares are up in 2025, but the stock has lagged the market in recent years.The struggling biotech decided to shift its strategy after encountering some clinical setbacks.Still, it is miles away from regulatory approval for any product, so the stock looks far too risky. 10...
The Motley Fool
Tue, Aug 12
Amazon Stock Investors Need to Know This
Amazon (NASDAQ: AMZN) stock investors will not want to miss these critical updates from the management team.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of Aug. 7, 20...
The Motley Fool
Tue, Aug 12
CANADA STOCKS-Toronto stocks jump as US inflation data keep rate-cut hopes alive
By Nikhil Sharma Aug 12 (Reuters) - Canada's main stock index edged higher on Tuesday, as benign U.S. inflation data reinforced expectations for an interest-rate cut by the country's Federal Reserve in September.At 09:50 a.m. ET (1350 GMT), the Toronto Stock Exchange's S&P/TSX com...
Reuters
Tue, Aug 12
Mercury Systems hits 3-year high on strong Q4 results, analysts upgrades
** Aerospace and defense firm Mercury Systems' shares MRCY.O rise 11.6% to $59.41 - their highest since August 2022** MRCY beat Wall Street estimates on both Q4 revenue and adjusted profit, as per LSEG data** Co also reports record Q4 bookings and backlog growth of 6% y-o-y ** At least three...
Reuters
Tue, Aug 12
Venture Global gains as Q2 core profit beats expectations
** Shares of LNG producer Venture Global VG.N up ~4% at $12.55** Company beats Q2 core profit estimates, as the easing of new export permits for liquefied natural gas in the U.S. helped improve sales** VG posts Q2 adjusted EBITDA of $1.39 billion vs estimates of $1.25 billion, according to data comp...
Reuters
Tue, Aug 12
Lucid Stock: Can Gravity Production Volume Solve All Problems?
Key PointsThe EV maker's second quarter fell short of Wall Street estimates.The loss of regulatory credit sales is a blow to Lucid and other EV makers.Lucid is now drastically accelerating production of the Gravity SUV.10 stocks we like better than Lucid Group › Despite coming into the second quarte...
The Motley Fool
Tue, Aug 12
Bitmine slips as crypto firm plans additional $20 bln stock sale
** Shares of Bitmine Immersion Technologies BMNR.A down 3% at $57.20 early Tues as crypto mining and services co seeks more equity ** BMNR early Tues filed up to $20 bln ATM (at-the-market) offering, increasing overall equity sales program to $24.5 bln to be handled by Cantor Fitzgerald and Thi...
Reuters
Tue, Aug 12
New Fortress Energy down as it seeks extension to file Q2 results
** Shares of U.S.-based LNG company New Fortress Energy NFE.O dip ~4% to $2.49** Company says it has applied to the U.S. Securities and Exchange Commission for more time to file financial report for the quarter ended June 30** For the delay, NFE cites ongoing talks over additional credit support req...
Reuters
Tue, Aug 12
1 Reason to Buy Eli Lilly (LLY) Stock
Key PointsEli Lilly specializes in obesity and diabetes treatments, among other areas.It's reasonable to expect a lot more growth from the company.Its shares aren't exactly cheap at recent levels, though.10 stocks we like better than Eli Lilly › Shares of Eli Lilly (NYSE: LLY) have made some investo...
The Motley Fool
Tue, Aug 12
Sneaker brand On raises sales forecast as promotions drive demand
On hiked prices by $10 on select products in July, refrains from further pricingCompany faces a 40% tariff on imports from VietnamReports a Q2 sales beat, but a loss in adjusted profit due to weaker dollarShares up about 9% in early tradeBy Neil J Kanatt Aug 12 (Reuters) - On Holding ONON.N raise...
Reuters
Tue, Aug 12
CANADA STOCKS-TSX opens higher as US inflation data keep rate cut hopes intact
Aug 12 (Reuters) - Canada's main stock index opened higher on Tuesday as investor sentiment was boosted by benign U.S. inflation data that reinforced expectations for Federal Reserve interest rate cut in September.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite...
Reuters
Tue, Aug 12
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