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Grindr up after majority shareholders withdraw take-private offer
Shares of dating application Grindr GRND.N up 2.8% to $12.96Co's majority shareholders Ray Zage and James Lu withdraw their $3.46 bln offer to take GRND privateGRND said on Monday it has ended talks on the take-private offer, citing uncertainty around financing for the proposalThe proposing shar...Reuters
Wed, Nov 26
Oracle rises as Deutsche Bank says OpenAI-related gains not baked in
Shares of Oracle ORCL.N rise 3.6% to $204.3Deutsche Bank estimates a $4 reduction in EPS to $17 and a $10 bln reduction in FCF to ORCL's FY30 guidance if OpenAI-related revenues and expenses are excluded "Discounting these numbers back to present would suggest the company is getting little i...Reuters
Wed, Nov 26
3 Stocks That Could Be Easy Wealth Builders
Key PointsShopify is bolstering its AI-driven solutions for merchants. Aritzia has built a profitable and successful model in the competitive world of retail. SoFi Technologies is expanding its fee-based revenue and profits are growing. 10 stocks we like better than Shopify › Investing for the long ...The Motley Fool
Wed, Nov 26
J.P. Morgan sees S&P 500 at 7,500 by end 2026, double-digit gain from here
US economy to remain resilient, more rate cuts seenAI-driven 'supercycle' to push capexEarnings growth seen at 13-15% in 2026 and 2027By Caroline Valetkevitch NEW YORK, Nov 26 (Reuters) - The benchmark S&P 500 .SPX should end next year at 7,500, helped by a resilient U.S. economy and ...Reuters
Wed, Nov 26
HP shares under pressure after guidance miss and cost-cutting plans
Shares of PC maker HP HPQ.N down 2.3% at $23.76 Co expects fiscal 2026 adjusted EPS of $2.90–$3.20, missing analysts' estimate of $3.33- LSEG Co aims to cut 4,000–6,000 jobs globally by fiscal 2028 to streamline operations"Investor concerns about a tougher operating environment for HP headin...Reuters
Wed, Nov 26
Gold miners rise as bullion near one-week high on Fed rate-cut hopes
Shares of gold miners rise on Wednesday, as bullion prices hover near an over one-week high GOL/ Spot gold XAU= up 0.3% at $4,144.06 per ounce, after hitting its highest since November 14 earlier in the sessionPrices rise after U.S. economic data reinforced expectations of a Federal Reserve interest...Reuters
Wed, Nov 26
EMERGING MARKETS-LatAm assets advance on rising US rate-cut bets; Brazil's inflation falls within target
Stocks rise 1.5%, FX up 0.4%Brazil's annual inflation falls within central bank's rangeUkraine peace talks, Fed rate cut expectations remain in focusBy Twesha Dikshit and Niket Nishant Nov 26 (Reuters) - Latin American stocks and currencies advanced on Wednesday, continuing their upward ...Reuters
Wed, Nov 26
US STOCKS-Wall Street extends gains as Fed rate-cut bets for December grow
Indexes up: Dow 0.6%, S&P 500 0.58%, Nasdaq 0.71%HP falls on dour profit forecasts, announces layoffsDell gains after strong revenue, profit forecastsWeekly jobless claims fell to 216,000 By Johann M Cherian and Pranav Kashyap Nov 26 (Reuters) - Wall Street's main indexes rose for a fourt...Reuters
Wed, Nov 26
Jefferies upgrades Fluence Energy to 'hold' on improved margins, growth potential
Brokerage Jefferies raises rating on renewable energy storage provider Fluence Energy FLNC.O to "hold" from "underperform," raises PT to $16 from $11 Shares up 10.8% at $18.6 premarket New PT represents downside of 4.6% to stock's last close Brokerage says co has lon...Reuters
Wed, Nov 26
Moleculin Biotech falls after reverse stock split move
Shares of drug developer Moleculin Biotech MBRX.O falls 22% at $0.28 in early tradingCo says it will implement 1-for-25 reverse stock split effective December 1A 1-for-25 split means every 25 existing shares will be combined into 1 new shareSplit reduces outstanding shares to about 2.1 million from ...Reuters
Wed, Nov 26
How Good Has Nike (NKE) Stock Actually Been?
Key PointsNike is the largest athletic apparel company in the world, and it has incredible brand value.It's facing challenges due to inflation, poor strategy, and intensifying competition.Nike has a long track record of growing its dividend payouts.10 stocks we like better than Nike › Nike (NYSE: NK...The Motley Fool
Wed, Nov 26
E.W. Scripps up; adopts 'poison pill' after unsolicited offer from Sinclair
Shares of broadcaster E.W. Scripps SSP.O edge up 0.5% at $4.40 in volatile morning tradingSSP adopts a limited-duration shareholder rights plan, commonly known as a "poison pill", after receiving an unsolicited, non-binding acquisition offerSinclair SBGI.O has recently offered to acquire SSP...Reuters
Wed, Nov 26
Zscaler falls; analysts flag lack of Red Canary guidance
Shares of cloud security firm Zscaler ZS.O fall 9% to $263.6 Stock set for its biggest one-day drop since September 3, if losses hold Co on Tuesday raised its full-year revenue forecast to range of $3.28 billion to $3.30 billion from $3.27 billion to $3.28 billionAnalysts say lack of guidance o...Reuters
Wed, Nov 26
Is Now the Time to Buy Figma Stock?
Key PointsFigma is down more than 50% from its mid-2025 initial public offering.The company recently crossed $1 billion in annual revenue run rate.Its loyal customers and ability to innovate are competitive advantages.10 stocks we like better than Figma › Figma (NYSE: FIG) has had trouble finding it...The Motley Fool
Wed, Nov 26
Copper miners gain on increased US rate cut bets
U.S.-listed shares of copper miners rise, tracking higher prices of the red metal MET/L Benchmark copper CMCU3 on the London Metal Exchange up 1.3% at $10,963/metric ton, after hitting $11,025 for its highest since October 30Copper climbs on growing expectations that the U.S. Federal Reserve will cu...Reuters
Wed, Nov 26
Autodesk shares rise on upbeat Q4 forecast
Shares of design software company Autodesk ADSK.O rise 7.3% to $315.6 Co forecast Q4 revenue and profit above Street estimates, boosted by subscription renewals and demand for AI-driven design toolsJ.P. Morgan says co's strong execution, integrated platform strategy, and emphasis on AI give it a...Reuters
Wed, Nov 26
RBC downgrades Palmer Square Capital BDC, citing tighter credit spreads
RBC Capital downgrades U.S. corporate financier Palmer Square Capital BDC PSBD.N to "sector perform" from "outperform"Brokerage also trims PT to $13 from $15, which is still a 4.9% upside to stock's last closeRating and PT cut citing tight credit spreads that leave few attractive...Reuters
Wed, Nov 26
