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US STOCKS-Tech stocks lift S&P, Nasdaq, Intel's drop and geopolitics cap gains
Indexes: Dow down 0.48%, S&P 500 up 0.14%, Nasdaq up 0.48% Intel slides as forecast misses estimatesFed decision, tech earnings due next weekBy Sruthi Shankar and Pranav Kashyap Jan 23 (Reuters) - The S&P 500 and Nasdaq ticked higher as investors piled into some mega-cap stocks, but Intel...
Reuters
Fri, Jan 23
Intel shares tumble on weak forecast, supply woes
Intel Corp INTC.O shares falling ~16% on Fri, on track for deepest one-day drop in over a year, after co gave a weak profit and rev forecast and said it was struggling to meet strong AI-driven demand for data-center chips due to supply constraintsCo cannot keep up with demand even while running fact...
Reuters
Fri, Jan 23
Chip firm Ambiq Micro climbs after upsized stock offering
Ambiq Micro AMBQ.N shares reverse small premarket losses and climb 7% to $35 on Fri after chip designer's upsized follow-on Austin, Texas-based co late Thurs announced pricing of ~2.7 mln shares, a 5.2% discount to last sale Offering, which was boosted from 2.2 mln shares, incl...
Reuters
Fri, Jan 23
LIVE MARKETS-The good, the bad, and the ugly: Flash PMI, UMich, and a late-to-the-party LEI
Nasdaq, S&P 500 green, Dow dipsEnergy stocks lead S&P 500 sector gainers; Financials down the mostEuro STOXX 600 index off ~0.1%Dollar dips; gold, bitcoin rise; crude up ~2.5%US 10-Year Treasury yield edges down to ~4.245%Welcome to the home for real-time coverage of markets brought to you b...
Reuters
Fri, Jan 23
CANADA STOCKS-TSX inches up as lingering geopolitical worries lift oil, precious metals
TSX up 0.2%, on track for marginal weekly gainsEnergy stocks lead day's advances with 1.7% riseBausch Health falls 10% after failed late-stage trialBy Utkarsh Hathi Jan 23 (Reuters) - Canada's main stock index edged up on Friday, led by energy and mining shares, as renewed fears of pot...
Reuters
Fri, Jan 23
Novo's Wegovy pill hits over 18,000 US prescriptions in strong debut week
Wegovy launch impressive versus previous GLP-1 launches, analysts sayPill prescribed 18,410 times in the week ended January 16FDA decision on Lilly's pill expected by AprilBy Sriparna Roy Jan 23 (Reuters) - Novo Nordisk's NOVOb.CO Wegovy pill was prescribed more than 18,000 times in the ...
Reuters
Fri, Jan 23
Spot Silver Surges 4% to Past $100/Oz on Mounting Geopolitical Headlines
The price for silver rose past $100 per ounce in trading this morning, with President Trump’s comments on Iran being the latest in a volley of geopolitical headlines seen this week.Lifting precious metals are fears surrounding conflicts in Iran, Ukraine and Trump’s pursuit of Greenland on the world ...
Tiger News
Fri, Jan 23
Wolverine World Wide falls after brokerages downgrade stock
Shares of footwear maker Wolverine World Wide WWW.N fall 4.9% to $18.33Argus Research downgrades WWW to 'hold' from 'buy' as co faces various headwindsArgus Research cites rating cut to uncertainty regarding trade policies, slowing sales in Lifestyle category and investments in its b...
Reuters
Fri, Jan 23
SLB gains on fourth-quarter profit beat
Shares of oilfield services provider SLB SLB.N up 1.1% at $49.87Co posts Q4 earnings of 78 cents per share vs analysts' average estimate of 74 centsSLB says in a post-earnings call that it can rapidly ramp up activities in Venezuela if the appropriate licensing, safety parameters and compliance ...
Reuters
Fri, Jan 23
U.S. STOCKS ON THE MOVE-Bandwidth, Booz Allen Hamilton, L3Harris
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks fell on Friday, putting Wall street's main's indexes on track for a second consecutive weekly slide as Intel plunged on a downbeat outlook and lingering geopolitical tens...
Reuters
Fri, Jan 23
PRECIOUS-Silver tops $100 an ounce for the first time
Jan 23 (Reuters) - Spot silver prices XAG= jumped to the key psychological level of $100 an ounce level for the first time on Friday as robust demand and buying momentum fueled prices.Silver's run toward the $100 an ounce mark comes as investors pile into safe-haven assets in the backdrop of geo...
Reuters
Fri, Jan 23
Novagold falls after equity financing boosted to $300 mln
U.S.-listed shares of Novagold Resources NG.A down 3% at $10.18 early Fri after equity financing boosted to $300 mlnCanadian precious metals firm says bookrunners BMO, RBC and Scotiabank agreed to increase previously announced bought deal private placement to 30 mln shares at $10.00 After the bell T...
Reuters
Fri, Jan 23
Stifel raises Parker-Hannifin's PT amid stable industrial outlook
Stifel raises motion control products maker Parker-Hannifin's PH.N price target to $941 from $869, maintains "hold" ratingNew PT represents a 0.2% upside to stock's last close Brokerage expects a stable industrial environment with improved domestic volume over the next yearThe pendin...
Reuters
Fri, Jan 23
Starbucks up after William Blair upgrades stock on margin recovery expectations
Shares of Starbucks SBUX.O up 1.7% at $97.44Brokerage William Blair upgrades stock to "outperform" from "market perform"Sees investor enthusiasm ramping up as pick up in sales is expected to lead to a recovery in margins, likely within a few quartersExpects co to post its first domes...
Reuters
Fri, Jan 23
ImmunityBio rises on promising early brain cancer therapy data
Shares of drug developer ImmunityBio IBRX.O rise 3% to $7.60 Co says 19 of 23 patients in its ongoing study for recurrent glioblastoma, an aggressive brain cancer, remain alive after treatment, with median survival not yet reached Co says its experimental chemo-free combo of Anktiva and CAR‑NK cells...
Reuters
Fri, Jan 23
L3Harris raises quarterly dividend payout; shares rise
Shares of defense supplier L3Harris Technologies LHX.N rise nearly 1% to $358.5 in morning tradingCo's board announces increase in quarterly cash dividend rate to $1.25 from $1.20 Says first-quarter dividend is payable on March 20 to shareholders of record on March 6, 2026.Median PT of 21 broker...
Reuters
Fri, Jan 23
Miner Grupo Mexico erodes after JPM downgrade
Shares in miner Grupo Mexico GMEXICOB.MX slide by nearly 3% after opening on a downgrade by J.P. Morgan the day beforeJPM downgrades Grupo Mexico to neutral from overweight; subsidiary Southern Copper SCCO.N to underweight from neutral"After a strong rally, we believe it is time to unplug and re...
Reuters
Fri, Jan 23
US equity funds see outflows on geopolitical worries
Jan 23 (Reuters) - U.S. equity funds faced outflows in the week through January 21 as investors reduced risk exposure on concerns about President Donald Trump's tariff threats against European nations over Greenland.Investors pulled a net $5.26 billion from U.S. equity funds, partly reversing th...
Reuters
Fri, Jan 23
Booz Allen Hamilton climbs after FY forecast tops estimates
Shares of IT services and consulting firm Booz Allen Hamilton BAH.N up 7.6% at $103.37Co forecasts FY adjusted EPS of $5.95-$6.15, above analysts' estimates of $5.62; and expects FY revenue of $11.3 bln-$11.4 bln, in line with estimates of $11.4 blnCo posts Q3 adjusted EPS of $1.77, above estima...
Reuters
Fri, Jan 23
Big Techs Mostly Jump. AMD up over 4%; Micron up over 3%; Microsoft, TSMC, Netflix up Around 2%; Palantir, Meta, Amazon, Nvidia up over 1%
Big tech stocks mostly jumped on Friday. AMD up over 4%; Micron up over 3%; Microsoft, TSMC, Netflix up around 2%; Palantir, Meta, Amazon, Nvidia up over 1%.
Tiger News
Fri, Jan 23
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