News
Important Only
GAP rises as Q3 comparable sales beat estimates
Shares of old navy apparel GAP GAP.N up 4% at $23.97 after the bellCo's Q3 comparable sales rose 5%, beating analysts' estimates of 3.26% growth, according to LSEG dataGap reiterated its forecast for a tariff impact on its annual operating margin between 100 and 110 basis pointsThird-quarter...Reuters
Thu, Nov 20
Ross Stores up after raising quarterly, annual profit forecast
Shares of discount store operator Ross Stores ROST.O up 3.1% at $165.45 after the bellROST raises comparable store sales forecast to be up 3% to 4% with EPS in the range of $1.77 to $1.85 for the 13 weeks ending January 31, 2026Company increases EPS forecast for fiscal 2025 to be in the range of $6....Reuters
Thu, Nov 20
Ross Stores Q3 sales beat expectations
OverviewRoss Stores Q3 sales grew 10% yr/yr, beating analysts' expectationsEarnings per share for Q3 increased to $1.58 despite tariff-related costsCompany repurchased 1.7 mln shares for $262 mln in Q3OutlookRoss Stores raises Q4 comparable store sales forecast to 3%-4%Company expects Q4 EPS bet...Reuters
Thu, Nov 20
US STOCKS-Wall Street indexes end lower after sharp reversal, tech leads decline
September NFP at +119,000 vs +50,000 estimate Walmart up after raising annual forecast Nvidia lower after reversalBy Caroline Valetkevitch 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 Nvi...Reuters
Thu, Nov 20
PREVIEW: Intuit shares dip ahead of quarterly report
Shares in tax-preparation software co Intuit INTU.O down ~1% on Thursday ahead of fiscal Q1 financial report due after market close Wall Street sees the co whose products include tax software, reporting adj EPS of $3.09 vs $2.50 in year-ago quarter on rev of $3.76 bln up from $3.28 bln year ago, as ...Reuters
Thu, Nov 20
US STOCKS-Wall Street indexes down after sharp reversal, tech leads decline
September NFP at +119,000 vs +50,000 estimate Walmart up after raising annual forecast Indexes down: Dow 0.6%, S&P 500 1.1% and Nasdaq 1.6%By Caroline Valetkevitch NEW YORK, Nov 20 (Reuters) - Wall Street stocks fell on Thursday in a sharp reversal from an early rally, as technology gains...Reuters
Thu, Nov 20
GLOBAL MARKETS-US stocks turn negative, Treasury yields slide amid revived valuation concerns, Fed uncertainty
European stocks gain; U.S. stocks turn negativeNvidia's results ease AI bubble concerns, boosting tech stocksDelayed/mixed jobs clouds Fed policy expectationsBitcoin slides on souring risk appetiteBy Stephen Culp NEW YORK, Nov 20 (Reuters) - Wall Street reversed earlier gains that were driven...Reuters
Thu, Nov 20
EMERGING MARKETS-Latam assets fall amid global risk-off mood; Banxico in focus
Mexico's peso wobbles as investors assess Banxico minutes US jobs report shows mixed labor market signalsBy Johann M Cherian and Sukriti Gupta Nov 20 (Reuters) - Most Latin American stocks fell on Thursday as global sentiment waned after a Nvidia-driven rally lost momentum, while currencies s...Reuters
Thu, Nov 20
Street View: Pricing offsets TJX's tariff hit
Shares of off-price retailer TJX TJX.N up 1.5% at $148.10 in afternoon trading Co lifts annual sales and profit forecast, betting on wide-sourcing network and seasonal assortmentsAt least 7 brokerages raised PT Median PT of 21 brokerages is $165 — data compiled by LSEG GAINS ON TARIFF RESILIENC...Reuters
Thu, Nov 20
Mexico's Esentia prices shares at 45 pesos per share in IPO
By Aida Pelaez-Fernandez and Raul CortesMEXICO CITY, Nov 20 (Reuters) - Mexico's Esentia Energy Development priced shares for its initial public offering at 45 pesos ($2.45), the company said on Thursday, below the previously indicated range of $2.70 to $3.90 per share.Shares of the Mexican ener...Reuters
Thu, Nov 20
Silver miners dip following strong US jobs report
Shares of silver miners fall, tracking prices of the white metal GOL/Spot silver XAG= fell 1.7% to $50.47 per ouncePrices fall as investors digest the September U.S. jobs report, which shows stronger-than-expected employment figures and dampened prospects for a December rate cutHecla Mining HL.N and...Reuters
Thu, Nov 20
Atkore's board to consider options for sale of electric component maker
By Aatreyee DasguptaNov 20 (Reuters) - Electric component maker Atkore ATKR.N said on Thursday its board and management team are considering its options, including a sale or merger of the company, sending its shares down 15%.Bloomberg News had reported in September that activist investor Irenic Capi...Reuters
Thu, Nov 20
Gold miners fall as bullion prices slide on strong US jobs report
Shares of gold miners fall, tracking a decline in bullion prices GOL/ Spot gold XAU= down 0.5% at $4,062.41 per ounce Bullion prices edged lower as investors digested the September U.S. jobs report, which showed stronger-than-expected employment figures and dampened prospects of a December rate ...Reuters
Thu, Nov 20
U.S. STOCKS ON THE MOVE-Apollo Global, Exact Sciences, Eaton
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes lost ground on Thursday, as early enthusiasm driven by Nvidia's earnings faded with investors questioning lofty valuations in the technology sector, while ...Reuters
Thu, Nov 20
LIVE MARKETS-Walmart holds higher; consumers looking for bargains
Main US indexes give up early gains, now redTech weakest S&P 500 sector; Staples leads gainersEuro STOXX 600 index closed up 0.4%Dollar rises; crude, gold lower; bitcoin slidesUS 10-Year Treasury yield dips to ~4.11%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Thu, Nov 20
Global tech shares falter as Nvidia-led rally stalls
European, US tech stocks lose ground US chipmakers turn negative - chips index down 2.8%Nvidia's CEO dismisses tech bubble concerns but analysts cautiousBy Rashika Singh, Rae Wee and Shashwat Chauhan Nov 20 (Reuters) - U.S. technology stocks failed to hold on their initial gains on Thursday, ...Reuters
Thu, Nov 20
Central Bancompany valued at $5.26 billion in Nasdaq debut
By Pritam Biswas Nov 20 (Reuters) - Central Bancompany CBC.O jumped 5% in its Nasdaq debut on Thursday, fetching the U.S. lender a valuation of $5.26 billion and extending this year's streak of financial firms going public.The company's shares opened at $22.06, above its IPO price of $21 ...Reuters
Thu, Nov 20
LIVE MARKETS-It's all down to you, AI
Main US indexes give up early gains, now redTech weakest S&P 500 sector; Staples leads gainersEuro STOXX 600 index closed up 0.4%Dollar rises; crude, gold lower; bitcoin slides ~4%US 10-Year Treasury yield dips to ~4.10%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
Thu, Nov 20
AI boom brings fresh risks to US markets, and more money to M&A
Citadel's risk models show modern markets amplify shocks, volatility spikes hit harderMcKinsey estimates $7 trillion needed for AI data centers by 2030AI strategies drive steep premiums in M&A deals, says Lazard's DanzigBy Dawn Kopecki NEW YORK, Nov 20 (Reuters) - The AI boom is bring...Reuters
Thu, Nov 20
PREVIEW: Gap rev seen higher with results due after the bell
Shares of Gap GAP.N are little changed on Thurs, with the retailer seen reporting higher yr/yr rev when it's slated to release qtly results after the bellGAP stock cut its earlier gains as the broader market sold off around midday Analysts expect Q3 rev of $3.91 bln vs $3.83 bln a yr ago and adj...Reuters
Thu, Nov 20
