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ADM falls after Trump says Coca-Cola agreed to use real cane sugar in US
** Shares of agricultural commodities trader Archer-Daniels-Midland ADM.N fall 1.6% to $53.15 in morning trading** U.S. President Donald Trump said on Wednesday that Coca-Cola KO.N had agreed to use cane sugar in its beverages in the U.S. after his discussions with the company** ADM is a major U.S. ...Reuters
Thu, Jul 17
Black Rifle Coffee rallies after $35 mln equity raise
** Shares of BRC Inc BRCC.N, known as Black Rifle Coffee Company, reverse premarket losses and last up 17.2% at $1.77 early Thurs after follow-on priced** Veteran-founded coffee seller announced 28 mln shares at $1.25 for $35 mln gross proceeds** Offering priced at 17.2% discount to stock's last...Reuters
Thu, Jul 17
Health insurers slide after Elevance cuts annual profit forecast on higher medical costs
** Shares of health insurers fall after Elevance ELV.N cut its annual profit forecast due to higher medical costs** ELV trims annual profit forecast to about $30 per share, compared with a previous projection of $34.15 to $34.85 per share, analysts on average were expecting $34.23, according to data...Reuters
Thu, Jul 17
Snap-On hits three month high after Q2 revenue beats estimates
** Shares of tool maker Snap-On SNA.N rise 7% to $335 in early trade, hitting a three month high** SNA beats estimates for the second-quarter revenue as steady demand from auto part retailers and repair shops boosted the tool-making segments** Co posts Q2 revenue of $1.18 bln, slightly above analyst...Reuters
Thu, Jul 17
ANALYSIS-US companies adopt options strategies to shield euro revenues in case dollar recovers
US companies are buying put options to hedge euro revenue FX options market shows mixed sentiment on euro's outlookNarrative of fading US exceptionalism not playing outOptions market unwinding short dollar positionsBy Laura Matthews NEW YORK, July 17 (Reuters) - Some U.S. companies are taking...Reuters
Thu, Jul 17
Uber to invest $300 million in EV maker Lucid as part of robotaxi deal
Uber to deploy 20,000 Lucid SUVs with Nuro's AV techLucid-Nuro prototype operating at Las Vegas testing facilityChallenges remain for AV commercialization due to costs and regulationsBy Abhirup Roy and Akash Sriram SAN FRANCISCO, July 17 (Reuters) - Uber UBER.N will invest $300 million in ele...Reuters
Thu, Jul 17
Elevance falls to over four-year low after annual profit forecast cut
** Shares of health insurer Elevance Health ELV.N fall 9.7% to over four- year low of $311.07** Co trims annual profit forecast to about $30 per share, compared with a previous projection of $34.15 to $34.85; analysts on average were expecting $34.23, according to data compiled by LSEG.** ELV report...Reuters
Thu, Jul 17
Why D-Wave Quantum Stock Skyrocketed 74.3% in the First Half of 2025 -- and What Comes Next
Key PointsD-Wave Quantum stock saw some big swings across the stretch, but it managed to post huge gains in this year's first half. The launch of the company's Advantage2 quantum computing system helped power a massive rally for the stock. D-Wave stock has continued to rally early in 2025's second h...The Motley Fool
Thu, Jul 17
This Artificial Intelligence (AI) Stock Trades at Just 22 Times Earnings -- and It's Growing Fast
Key PointsMicron's earnings are expected to multiply substantially, and yet the stock can be bought at an incredibly attractive valuation right now.The growth opportunity in the memory chip market, driven by AI applications, should enable this chipmaker to deliver outstanding growth.10 stocks we lik...The Motley Fool
Thu, Jul 17
Mondelez up after Jefferies upgrades to 'buy', raises PT
** Shares of Cadbury parent Mondelez International MDLZ.O up ~2% at $68.80 in early trading** Brokerage Jefferies raises rating to "buy" from "hold", hikes PT to $78 from $66** While U.S. retail sales data suggests a still pressured consumer, we believe Europe dynamics, strong execut...Reuters
Thu, Jul 17
Couche-Tard scraps $46 billion bid for Japan's Seven & i
Couche-Tard says Seven & i engaged in 'obfuscation and delay'Seven & i seen as test of Japan's openness to foreign takeoversCouche-Tard made alternative proposal to Seven & i Seven & i shares slide 9%, Couche-Tard shares surge 17% TOKYO, July 17 (Reuters) - Canada'...Reuters
Thu, Jul 17
Ayrshire Dumps 11,424 UnitedHealth Group Shares in Full Exit
Key PointsAyrshire sold 11,424 shares worth $5.98 millionThis trade represented 2.87% of Ayrshire’s $208.27 million in 13F assets under management (AUM).The trade also represents a total exit and removes the stock from Ayrshire’s 92-position U.S. equity portfolioThese 10 stocks could mint the next w...The Motley Fool
Thu, Jul 17
Why Rigetti Computing Stock Plummeted 22.3% in the First Half of 2025 -- What Comes Next?
Key PointsRigetti Computing stock saw fell in the first half of 2025 after surging 1,449% last year. Comments from Nvidia CEO Jensen Huang played a significant role in shaping Rigetti's stock moves across the first half of the year. Rigetti's share price has been skyrocketing in July. 10 stocks we l...The Motley Fool
Thu, Jul 17
CANADA STOCKS-TSX opens flat as investors gauge trade updates, US data
July 17 (Reuters) - Canada's benchmark index opened muted on Thursday, led by consumer staple shares, with investors focusing on trade updates and U.S. data to gauge how the economy is holding up under a shifting tariff policy. At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P...Reuters
Thu, Jul 17
US STOCKS SNAPSHOT-Wall St opens marginally higher as markets weigh data; TSMC earnings light up chipmakers
July 17 (Reuters) - Wall Street opened largely steady on Thursday, as investors mulled over fresh economic data, while upbeat results from Taiwan's TSMC that energized U.S. chipmakers.At 09:31 a.m. ET, the Dow Jones Industrial Average .DJI rose 40.95 points, or 0.09%, to 44,295.73, the S&P 5...Reuters
Thu, Jul 17
Travelers Companies Inc reports results for the quarter ended June 30 - Earnings Summary
Travelers Companies Inc TRV.N reported quarterly adjusted earnings of $6.51 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.51. The mean expectation of twenty one analysts for the quarter was for earnings of $3.66 per share. Wal...Reuters
Thu, Jul 17
Cintas Corp reports results for the quarter ended May 31 - Earnings Summary
Cintas Corp CTAS.OQ reported quarterly adjusted earnings of $1.09 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of sixteen analysts for the quarter was for earnings of $1.07 per share. Wall Street expec...Reuters
Thu, Jul 17
Insteel Industries Inc reports results for the quarter ended June 30 - Earnings Summary
Insteel Industries Inc IIIN.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of two analysts for the quarter was for earnings of 57 cents per share. W...Reuters
Thu, Jul 17
ManpowerGroup Inc reports results for the quarter ended June 30 - Earnings Summary
ManpowerGroup Inc MAN.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.30. The mean expectation of ten analysts for the quarter was for earnings of 68 cents per share. Wall Street...Reuters
Thu, Jul 17
