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REFILE-GLOBAL MARKETS-Asian stocks sink as US jobs fail to clear rate outlook, tech hammered
Nikkei slumps 2%, South Korea plunges almost 4%Dollar scales new peaks on yen, Aussie, kiwiFed officials voice concerns about financial stabilityBy Stella Qiu SYDNEY, Nov 21 (Reuters) - Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity ...Reuters
Fri, Nov 21
Stocks stuck on rollercoaster despite strong Nvidia earnings
NEW YORK/LONDON, Nov 20 (Reuters) - Nvidia's strong earnings report offered only a brief reprieve for stocks on Thursday, as doubts about the return on relentless artificial intelligence investment and lofty valuations on Wall Street had global markets on edge.
Reuters
Fri, Nov 21
RPT-ROI-Nvidia beat may yet stir fear on the Street: McGeever
By Jamie McGeeverORLANDO, Florida, Nov 20 (Reuters) - Nvidia once again delivered a resounding earnings 'beat' on Wednesday, which may initially dampen some of the smoldering tech bubble fears. But, paradoxically, the $5 trillion company's latest figures actually highlight many of the AI...Reuters
Fri, Nov 21
Wall Street indexes end lower after sharp reversal, tech leads drop
NEW YORK, Nov 20 (Reuters) - Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs data muddied the labor market outlook.Reuters
Fri, Nov 21
Elastic Shares Plunge Despite Q2 Beat and Raise
Elastic shares fell 12.5% despite reporting second-quarter fiscal 2026 results that beat analyst expectations, as investors appeared concerned about future growth prospects despite raised guidance.The Search AI Company posted adjusted earnings of $0.64 per share for the quarter ended October 31, exc...Tiger News
Thu, Nov 20
Japan's SBI Holdings: To Establish JV Specialized In Active ETF Management With AllianceBernstein; Ownership Ratio Is SBI 51%, AB Group 49%
Nov 21 (Reuters) - SBI Holdings Inc 8473.T:SBI HOLDINGS INC - NOTICE REGARDING MEMORANDUM OF UNDERSTANDING WITH ALLIANCEBERNSTEIN L.P., ONE OF WORLD'S LEADING ACTIVE INVESTMENT MANAGEMENT COMPANIESJAPAN'S SBI HOLDINGS: TO ESTABLISH JV SPECIALIZED IN ACTIVE ETF MANAGEMENT WITH ALLIANCEBERNSTE...Reuters
Thu, Nov 20
ANALYSIS-Scramble to 'sell Japan' sounds fiscal warning bells
Falling yen, wobbly stocks and rising yields worry investorsYen down 6%; yields hit record highs since Takaichi leads LDPEchoes of 2022 gilt crisis after Liz Truss 'mini-budget'By Tom Westbrook and Junko Fujita SINGAPORE/TOKYO, Nov 20 (Reuters) - Investors bailing out of the yen and Japan...Reuters
Thu, Nov 20
Post-Bell | US Stocks Slump With Nasdaq Down 2%; Tesla Falls 2%; Nvidia Drops 3%; Micron Sinks 11%; SanDisk Tumbles 20%
Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs data muddied the labor market outlook.Market SnapshotThe Dow Jones Industrial Average fell 386.51 points, or 0.84%, to 45,752.26, the S&P 500 lost...Tiger News
Thu, Nov 20
Intuit expects quarterly revenue growth above estimates on strong financial tools demand
Nov 20 (Reuters) - Intuit INTU.O forecast second-quarter revenue growth above Wall Street estimates on Thursday, a sign of growing demand for its artificial intelligence-powered financial management tools.Shares of the company rose around 3% in extended trading.The company, which offers products suc...Reuters
Thu, Nov 20
Utility OGE Energy slips after $345 mln stock offering unveiled
Shares of electric utility OGE Energy OGE.N down 2.2% after hours at $43.17 as co seeks equityOklahoma City, Oklahoma-based firm commences $345 mln share offering, half of which as part of forward salesOGE expects to issue directly about $172.5 mln of shares, and intends to enter into 18-month forwa...Reuters
Thu, Nov 20
Gap beats quarterly sales, profit estimates on marketing-driven demand
By Neil J Kanatt Nov 20 (Reuters) - Gap GAP.N beat Wall Street expectations for third-quarter comparable sales and profit on Thursday, helped by strong marketing-driven demand for its Old Navy and Banana Republic brand apparel.Shares of the company rose about 5% in extended trading.The apparel ma...Reuters
Thu, Nov 20
GFL Environmental announces secondary offering by holders, shares flat
U.S.-listed shares of Canada's GFL Environmental GFL.N flat in extended trading after secondary offering newsWaste management firm says BC Partners, Ontario Teachers' Pension Plan and HPS Investment Partners to offload ~16.6 mln sharesRBC Capital Markets and Canadian division RBC Dominion ar...Reuters
Thu, Nov 20
BREAKINGVIEWS-Social media explains why markets keep going crazy
By Edward ChancellorLONDON, Nov 20 (Reuters Breakingviews) - In earlier times, when investors lost their fortunes in the stock market, they tended to abjure speculation. “Once bitten, twice shy” was the rule. Today, animal spirits are no longer dampened by major financial setbacks. No sooner had the...Reuters
Thu, Nov 20
TRADING DAY-Nvidia sparkle vanishes, Wall Street slammed
By Jamie McGeever ORLANDO, Florida, Nov 20 (Reuters) - Wall Street experienced a wild rollercoaster ride on Thursday, opening sharply higher on another set of strong results from artificial intelligence giant Nvidia, only to end deep in the red as investors reassessed that optimism and mixed sign...Reuters
Thu, Nov 20
GLOBAL MARKETS-US stocks end lower, Treasury yields slide amid revived valuation concerns, Fed uncertainty
European stocks gain; US stocks turn negativeNvidia's results beat expectations; AI bubble concerns persistDelays, mixed signals in jobs data cloud Fed policy expectationsBitcoin slides on souring risk appetiteBy Stephen Culp NEW YORK, Nov 20 (Reuters) - Wall Street reversed early gains on Th...Reuters
Thu, Nov 20
American Healthcare REIT dips after launching stock offering
American Healthcare REIT's AHR.N shares down 1.6% post-market at $48.45 as it looks to raise equityIrvine, California-based owner of senior housing communities and skilled nursing facilities commences 8.1 mln share offeringAHR to enter into 18-month forward sale agreement with bookrunner RBCUpon...Reuters
Thu, Nov 20
Ross Stores lifts annual profit forecast on strong demand for discount goods
By Neil J Kanatt Nov 20 (Reuters) - Ross Stores ROST.O raised its annual profit forecast on Thursday, betting on resilient demand for its discounted apparel and accessories ahead of the holiday season amid looming macroeconomic uncertainties.Shares of the company, which also beat estimates for th...Reuters
Thu, Nov 20
CANADA STOCKS-TSX falls as AI spending worries hit tech and materials stocks
TSX ends down 1.2% at 29,906.55Posts its lowest closing level since November 6Materials group falls 4.5% as copper prices declineTechnology ends 2.6% lowerBy Fergal Smith Nov 20 (Reuters) - Canada's main stock index fell to a two-week low on Thursday, weighed down by declines in the materials...Reuters
Thu, Nov 20
Deals of the day-Mergers and acquisitions
Nov 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Thursday:*Venezuela's National Assembly approved a 15-year extension of the joint ventures between state company PDVSA and a unit of Russia's Roszarubezhneft that operate two oilfields in ...Reuters
Thu, Nov 20
LIVE MARKETS-Reversal
Main US indexes close with sharp declinesVIX closes at highest level since AprilTech weakest S&P 500 sector; Staples sole gainerDollar rises; gold~flat; crude slips; bitcoin slides >3.5%US 10-Year Treasury yield falls to ~4.09%Welcome to the home for real-time coverage of markets brought to y...Reuters
Thu, Nov 20
