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Argentine assets cheer Milei's election victory with massive rally
Milei victory boosts investor confidence in economic reformsStocks traded in US exchanges soar 40%Investors eye possible reform of currency framework to encourage reserve accumulationBy Rodrigo Campos and Libby George NEW YORK/LONDON, Oct 27 (Reuters) - Argentina's bonds, stocks and currency ...Reuters
4 hours ago
LSEG partners with Anthropic to bring financial data access to Claude users
Oct 27 (Reuters) - London Stock Exchange Group LSEG.L on Monday said it is collaborating with artificial intelligence startup Anthropic to give Claude users access to data licensed through LSEG products.LSEG shares rose by as much as 1.7% after the announcement.The company said Workspace and Financi...Reuters
4 hours ago
Novartis CEO defends $12 billion deal for Avidity as 'appropriate risk to take'
Novartis shares fall 1.5%, while Avidity stock soars 44% Analysts question timing of deal ahead of late-stage data Deal is biggest for Novartis since CEO took over in 2018By Bhanvi Satija LONDON, Oct 27 (Reuters) - Swiss drugmaker Novartis NOVN.S on Monday defended its $12 billion deal to acquire...Reuters
4 hours ago
LIVE MARKETS-The era of "reluctant bulls" in US stocks - Citi
US stocks hit record highs; Nasdaq out front, up >1.5% Comm Svcs leads S&P sectors; Materials weakest groupDollar slips; crude edges up; bitcoin up >1.5%; gold down >2.5%US 10-Year Treasury yield ~flat at ~4.00% Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
4 hours ago
U.S. STOCKS ON THE MOVE-PepGen, Turbo Energy, Qualcomm
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes notched record highs on Monday as excitement around a potential U.S.-China trade deal set the tone for a week packed with Big Tech earnings and a widely expect...Reuters
4 hours ago
Tesla gains amid optimism over US-China trade truce
Tesla's TSLA.O shares are up 5% at $455.47 amid optimism around a truce in U.S.-China trade tensions and as Chair Robyn Denholm appealed to shareholders to back CEO Elon Musk's $1 trillion pay packageTSLA is on track for biggest daily pct. gain since October 13 and set for highest close sinc...Reuters
5 hours ago
UK stocks pause after recent gains; HSBC dips
FTSE 100 and FTSE 250 both flatPrecious metal miners fall on weaker gold pricesHSBC to take $1.1 billion hit in Q3Goodwin hits record-high on upbeat FY profit outlook, dividendBy Avinash P Oct 27 (Reuters) - London-listed stocks ended flat on Monday as investors paused after a recent rally, whil...Reuters
5 hours ago
Qualcomm announces new AI chips in data center push, shares surge
By Harshita Mary VargheseOct 27 (Reuters) - Qualcomm QCOM.O on Monday unveiled two artificial intelligence chips for data centers that will be available next year, diversifying beyond a stagnant smartphones market and sending its shares up 20%.The share gain following the news underscores strong ent...Reuters
5 hours ago
Novo-backed MapLight valued at $787 million after shares jump in Nasdaq debut
By Arasu Kannagi Basil Oct 27 (Reuters) - MapLight Therapeutics MPLT.O debuted on the Nasdaq on Monday with a valuation of $787 million, becoming the first company to go public under a rarely used regulatory provision since the start of the U.S. government shutdown.Shares of the Redwood City, Cal...Reuters
5 hours ago
Data center REIT Fermi wobbles; IPO banks weigh in with bullish ratings
Shares of data center real estate investment trust Fermi FRMI.O down 0.7% at $23.37 on Mon after analysts at banks that underwrote its IPO issue bullish reports after quiet period ceases FRMI shares had been up as much as 9% before slipping into negative territory in late morning trading ...Reuters
5 hours ago
US STOCKS-Wall St scales fresh highs as busy week for tech and trade kicks off
Indexes up: Dow 0.42%, S&P 500 0.89%, Nasdaq 1.54%Rare earth miners fall on signs of U.S.-China trade dealU.S.-listed Argentina stocks gain after Milei's election By Pranav Kashyap and Twesha Dikshit Oct 27 (Reuters) - Wall Street's main indexes notched record highs on Monday as excit...Reuters
5 hours ago
LIVE MARKETS-In the event of a valuation-driven drop, dividends might soften the blow
US stocks hit record highs; Nasdaq out front, up ~1.5% Comm Svcs leads S&P sectors; Utilities weakest groupEuro STOXX 600 index up ~0.1%Dollar ~flat; crude gains; bitcoin up >1%; gold down ~3%US 10-Year Treasury yield edges up to ~4.01% Welcome to the home for real-time coverage of markets br...Reuters
5 hours ago
Keurig Dr Pepper lifts annual sales forecast, raises $7 billion to fund JDE Peet's deal
By Anuja Bharat Mistry and Jessica DiNapoli Oct 27 (Reuters) - Keurig Dr Pepper KDP.O lifted its forecast for annual sales on Monday and said it had raised $7 billion from private equity firms to finance its purchase of Dutch coffee giant JDE Peet's JDEP.AS, allaying investor fears about moun...Reuters
5 hours ago
BofA lifts RTX PT on growth momentum across segments
BofA Global Research raises aerospace firm RTX Corp's RTX.N price target to $215 from $175; maintains "buy" ratingRevised PT represents 20.3% upside to stock's last closeBrokerage says company will benefit from backlog of $72 billion in Raytheon segment, which makes defense equipment...Reuters
5 hours ago
Peltz's Trian, General Catalyst make offer for Janus Henderson valuing it at $7.2 billion
By Yamini Kalia and Iain WithersLONDON, Oct 27 (Reuters) - Nelson Peltz's hedge fund Trian and technology investor General Catalyst have made a takeover offer for Janus Henderson JHG.N valuing it at $7.2 billion, the London-based money manager said on Monday, as Trian tightens its grip following...Reuters
5 hours ago
GLOBAL MARKETS-Stocks hit record, dollar eases on US-China trade optimism
Focus on Trump-Xi and central bank meetings, US megacap earningsU.S.-China trade deal framework boosts global stocksU.S. stock indexes hit recordsFed expected to cut rates by 25 basis pointsBy Chuck Mikolajczak NEW YORK, Oct 27 (Reuters) - Global stocks jumped on Monday to a fresh intraday record...Reuters
5 hours ago
Janus Henderson climbs after takeover proposal
Shares of money manager Janus Henderson JHG.N jumps 13.4% to $47.22 Co says it has received a takeover proposal from billionaire Nelson Peltz's hedge fund Trian and investor General Catalyst valuing the company at $7.2 billion The proposal is for the purchase of all of its shares not already own...Reuters
5 hours ago
PREVIEW: Whirlpool seen reporting Y/Y drop in EPS, rev
Q@ - Shares in home appliance provider Whirlpool WHR.N up 1.3% on Monday ahead of Q3 report due after market close with analyst estimates implying a Y/Y decline vs sequential increase Wall Street analysts see WHR, which will hold its conference call on Tuesday, reporting adj EPS of $1.41 vs $3.43 ye...Reuters
5 hours ago
Qualcomm soars on launch of new AI chips
Shares of chip designer Qualcomm QCOM.O soar nearly 22% to $205.95, hitting their highest level since July 2024Stock last up ~13%, on track for the biggest one-day pct. jump since April 2025 if current gains holdQCOM unveiled two AI chips, AI200 and AI250, for data centers; to be available in 2026 a...Reuters
6 hours ago
AMD rises as US Energy Department signs $1 billion deal
Advanced Micro Devices AMD.O shares rise 0.6% to $254.17US Department of Energy forms $1 billion supercomputer and AI partnership with AMD Plans to construct first computer called Lux and bring it online within the next six months Average rating of 54 analysts is "buy," their median PT i...Reuters
6 hours ago
