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Exact Sciences rises, Abbott falls on $23 billion buyout deal
Shares of cancer test maker Exact Sciences EXAS.O rise 17.2% to $101 while medical device maker Abbott Laboratories ABT.N fell 1.1% to $124.70 ABT, which was one of the weakest stocks in the S&P 500 healthcare index .SPXHC on Thursday, says it will acquire EXAS for up to $23 billion, including $...Reuters
Thu, Nov 20
The Global Power of Sport: Bank of America Partners with Great Ethiopian Run to Expand Access to Endurance Sports
Beginning in 2026, Partnership Will Elevate Flagship Race's Global Profile and Significantly Expand Access to Running Opportunities for Children ADDIS ABABA, Ethiopia and CHARLOTTE, N.C., Nov. 21, 2025 /PRNewswire/ -- Great Ethiopian Run today announced a multi-year partnership with Bank of America...PR Newswire
Thu, Nov 20
Ford falls after fire ignites at aluminum supplier Novelis' plant
Ford Motor's shares F.N fall 3.3% to $12.48 Fire ignited at Novelis' aluminum plant in Oswego, New York, that supplies Ford's lucrative F-150 truck line"Everyone working at the plant was safely evacuated. Multiple local fire departments responded, and the fire is now under control,&#...Reuters
Thu, Nov 20
UBS initates coverage on AI infrastructure companies with mixed ratings
UBS initiates coverage on cos in the industrial data center supply chain, Hubbell HUBB.N, Modine Manufacturing MOD.N and nVent Electric NVT.N with mixed ratings Brokerage expects cos average operating profit to grow 50% higher than broader industrial sector UBS sees Hubbell’s end-market mix ...Reuters
Thu, Nov 20
Energy sector gains as oil rises, Wall Street advances
S&P 500 energy index .SPNY rises 1.4% as oil prices edged higher, while Wall Street advanced after upbeat jobs data and strong Nvidia earnings Brent crude futures up 1.35% at $64.38/barrel, while U.S. West Texas Intermediate crude CLc1 rise 1.5% to $60.31/barrelOil prices edge high...Reuters
Thu, Nov 20
CORRECTED-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 KopeckiNEW YORK, Nov 20 (Reuters) - The AI boom is bringing ...Reuters
Thu, Nov 20
Crypto's connections to the rest of the financial system
Soaring crypto markets highlight mainstream finance linksRegulators worry run on stablecoins could hit stability Stock market, bank exposure to crypto small but growingBy Elizabeth Howcroft PARIS, Nov 20 (Reuters) - Cryptocurrency markets have surged in recent years, in part fuelled by the Trump ...Reuters
Thu, Nov 20
Euro zone yields edge up as Nvidia emboldens investors
By Joice Alves and Amanda Cooper LONDON, Nov 20 (Reuters) - Euro zone bond yields edged higher on Thursday after upbeat results from AI bellwether Nvidia bolstered risk assets such as stocks, though enthusiasm was kept in check by delayed U.S. jobs data showing unemployment rose in September. Wit...Reuters
Thu, Nov 20
Apollo Global up on Morgan Stanley upgrade to "overweight" on growth prospects
Apollo Global Management shares APO.N rise about 2.7% at $130.62 in morning tradingMorgan Stanley upgrades to "overweight" from "equal weight"; raises PT to $180 from $151, an upside of 41.5% to last closeBrokerage sees scope for alternative asset manager to reacclerate growth in 202...Reuters
Thu, Nov 20
LIVE MARKETS-AI could be the most important macro factor in 2026
US equity indexes green, but well off highs: Nasdaq now up >1%All S&P 500 sectors rally; Tech leads; healthcare barely positiveEuro STOXX 600 index up ~0.8%Dollar ~flat; gold slips; bitcoin down ~2%; crude gainsUS 10-Year Treasury yield dips to ~4.10%Welcome to the home for real-time coverage...Reuters
Thu, Nov 20
GLOBAL MARKETS-US stocks join global rally as Nvidia results quell bubble fears, jobs data beats expectations
Global markets rally, led by gains in European and emerging marketsNvidia's results ease AI bubble concerns, boosting tech stocksDelayed jobs data viewed through lens of Fed rate cut expectationsJapan's yen under heavy pressure on fiscal concerns NEW YORK, Nov 20 (Reuters) - Wall Street s...Reuters
Thu, Nov 20
U.S. STOCKS ON THE MOVE-Oddity Tech, Central Bancompany, Shoe Carnival
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes advanced on Thursday, with technology stocks getting a boost after Nvidia's stellar results quelled some concerns around an AI bubble, while a firm Septemb...Reuters
Thu, Nov 20
HEDGE FLOW-Goldman projects $40 billion stock selling scenario over the next week
By Nell MackenzieLONDON, Nov 20 (Reuters) - The S&P 500 index's fall below a closely watched level gave hedge funds that trade stocks on trends the green light to potentially sell almost $40 billion in equities in the coming week, Goldman Sachs GS.N said in a note to clients seen by Reuters....Reuters
Thu, Nov 20
Copper miners gain as Nvidia results ease AI boom worries
Shares of copper miners rise, tracking the red metal's price MET/LBenchmark three-month copper CMCU3 on London Metal Exchange rises 0.3% at $10,784 per metric tonCopper prices improve on relief after strong results from AI giant Nvidia, but a strong dollar and concern about demand in top metals ...Reuters
Thu, Nov 20
Utility PPL shares down again following $1 bln exchangeable notes sale
Shares of electric and natural gas utility PPL Corp PPL.N down 0.5% at $35.36 and underperforming the market on Thurs after co secures capital raise Equities rallying broadly on Thurs after strong Nvidia NVDA.O earnings, jobs data; S&P 500 .SPX up 1.9%, S&P 500 Utilities index .SPLRCU u...Reuters
Thu, Nov 20
Top Calls on Wall Street: Nvidia, Amazon, Tesla, Dell, Block, Apollo Global, Microsoft & More
Here are the biggest calls on Wall Street on Thursday:Bank of America reiterates Nvidia as buyThe firm said Nvidia remains “compelling” following earnings.“Reiterate Buy, top sector pick as AI demand continues to strengthen, supply is being well-managed, EPS estimates continue to be revised up, whil...Tiger News
Thu, Nov 20
Starbucks must face shareholder lawsuit over surprise sales decline
Shareholders say Starbucks concealed deteriorationStarbucks stock fell 16% in May 2024 on unexpected weaknessStarbucks intends to continue defending itselfBy Jonathan Stempel Nov 20 (Reuters) - Starbucks SBUX.O must face a lawsuit claiming it defrauded shareholders by concealing declining sales i...Reuters
Thu, Nov 20
LIVE MARKETS-Liftoff
US equity indexes green: Nasdaq up >2%All S&P 500 sectors rally; Tech leads; healthcare barely positiveEuro STOXX 600 index up ~1%Dollar, gold gain; crude up ~1.5%; bitcoin ~flatUS 10-Year Treasury yield edges down to ~4.11%Welcome to the home for real-time coverage of markets brought to you ...Reuters
Thu, Nov 20
EMERGING MARKETS-Latam FX mixed as investors assess US data; Banxico in focus
Mexico's peso wobbles as investors assess Banxico minutes Copper prices boost Chile and Peru currencies, Colombia's peso declinesUS jobs report shows mixed labor market signalsBy Johann M CherianMost Latin American currencies were mixed on Thursday as investors took stock of a long-awaited U...Reuters
Thu, Nov 20
Central Bancompany poised to open higher in Nasdaq debut after $373 million IPO
Missouri-based lender Central Bancompany CBC.O poised to open above offer price in its Nasdaq debut Stock indicated to open at $23 apiece vs $21 IPO price CBC sold 17.8 million shares at low end of marketed range of $21 and $24 apiece, raising $373 million Morgan Stanley and Keefe, Bruyet...Reuters
Thu, Nov 20
