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Rare earths miner MP Materials jumps on Apple investment
** Shares of U.S. rare earths miner MP Materials MP.N jump 8.4% to $52.61 premarket** Apple AAPL.O to invest $500 million as it seeks to localize its mineral supply chain ** MP will supply AAPL with magnets produced at its Fort Worth, Texas facility ** The duo will build another factory in Fort ...Reuters
Tue, Jul 15
U.S. STOCKS ON THE MOVE-Nvidia, US chipmakers, BlackRock
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Futures tracking the Nasdaq and the S&P 500 edged higher on Tuesday as investors geared up for earnings from major Wall Street lenders as well as inflation data that could sway expectati...Reuters
Tue, Jul 15
Musk's Political Firestorm Ignites UBS Warning: Tesla "Fundamentally Overvalued" as Shares Plunge
TradingKey - On Monday, UBS analysts pointed out in a report that Tesla’s stock price is "fundamentally overvalued," and they issued a "sell" rating on the stock. The target price was set at $215, more than 30% below the current level of $316.90, making it one of the most bearish views compared to m
TradingKey
Tue, Jul 15
Brookfield Asset Management gains on $3 billion hydropower agreement with Google
** U.S.-listed shares of Brookfield Asset Management BAM.TO, BAM.N rise ~1% to $57.58 premarket** BAM along with Brookfield Renewable BEP.N signs hydro framework agreement (HFA) with Google GOOGL.O to deliver 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the U.S.** BAM says contr...Reuters
Tue, Jul 15
Lithia Motors rises after indicating Q2 profit above estimates
** Shares of Medford, Oregon-based automotive retailer Lithia Motors LAD.N up 2% to $360 in pre-market ** Co sees Q2 net income between $9.70-$10 per share in preliminary results, above Wall Street estimate of $8.66 per share, according to data compiled by LSEG** Expects Q2 revenue between $9.4 bln ...Reuters
Tue, Jul 15
Nvidia Returns to China: H20 Chips Ship as US Eases Export Controls; RTX Pro GPUs Launch Simultaneously
TradingKey - On July 15 (Beijing time), NVIDIA founder and CEO Jensen Huang announced two key developments in an interview: the U.S. has approved the sale of H20 chips to China, allowing NVIDIA to resume H20 shipments to the Chinese market, and NVIDIA will launch the RTX Pro GPU.
TradingKey
Tue, Jul 15
Citigroup profit jumps as market volatility drives trading windfall
By Tatiana Bautzer and Manya Saini NEW YORK, July 15 (Reuters) - Citigroup's C.N profit rose in the second quarter as its traders brought in a windfall from turbulent markets.The third-largest U.S. lender's net income was $4 billion, or $1.96 per share, in the three months ended June 30, ...Reuters
Tue, Jul 15
Here's Why You Should Buy This AI ETF Right Now and Hold for 10 Years
Key PointsGiven the incredible user interest and massive capital investment being directed to it, AI likely isn’t going anywhere. Investors can choose this tech-driven ETF to gain valuable exposure to the AI trend. The ETF's returns have been impressive in the past decade, and they could continue to...The Motley Fool
Tue, Jul 15
Trade Desk jumps after co to replace Ansys in the S&P 500
** Shares of ad-tech firm Trade Desk TTD.O jump 13.9% to $85.9 premarket** Stock on track to open at highest level in over five months, if gains hold ** TTD will replace engineering design firm Ansys ANSS.O in the S&P 500 .SPX, effective before markets open on Friday, July 18** China's marke...Reuters
Tue, Jul 15
Pre-Bell｜U.S. Futures Mixed; Nvidia and AMD Gain 5%; Alibaba and CoreWeave Jump 6%; Trade Desk Surges 15%
U.S. futures mixed on Tuesday as the second-quarter earnings season began and investors awaited upcoming inflation data that could influence the Federal Reserve's policy moves.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 46 points, or 0.10%, S&P 500 e-minis were up 21.25 points, or 0.34%, a...Tiger News
Tue, Jul 15
US clean energy firms: IRA changes to dominate Q2 focus, says RBC
** RBC Capital Markets says implications of changes to the Inflation Reduction Act (IRA) will be a focal point in Q2 for U.S.-based clean energy companies** Brokerage expects the Q2 focus to be on commentary on longer term demand, pricing, and the competitive landscape** Expects investors to be look...Reuters
Tue, Jul 15
MiNK Therapeutics tumbles after $50 mln stock offering filing
** Shares of MiNK Therapeutics INKT.O tumble 23.7% premarket to $31 on equity raise plans ** New York City-based firm files up to $50 mln ATM (at-the-market) equity sales program to be handled by B. Riley Secs ** Co expects to use net offering proceeds for working capital, and other general p...Reuters
Tue, Jul 15
Oracle to invest $3 billion in AI, cloud expansion in Germany, Netherlands
July 15 (Reuters) - Oracle ORCL.N will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering artificial intelligence and cloud offerings in the European market, the company said on Tuesday. The Austin, Texas-based company joins a grow...Reuters
Tue, Jul 15
Got $1,000? 2 Cryptocurrencies to Buy and Hold for Decades
Key PointsCryptocurrencies are dramatically outperforming U.S. equity markets. Bitcoin and XRP have an exciting combination of institutional interest and brand recognition. 10 stocks we like better than Bitcoin › Investing in the stock market is an excellent way to build wealth. But investors face t...The Motley Fool
Tue, Jul 15
POLL-US Treasury yield forecasts anchored despite rising debt load and inflation concerns
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/mm-bondyield-polls?s=6J&st=G poll data BENGALURU, July 15 (Reuters) - U.S. Treasury yields will trade in a tight range over the coming months, with a strong majority of bond strategists surveyed by Reuters predicting demand for Treasuries...Reuters
Tue, Jul 15
US STOCKS-Nasdaq, S&P 500 futures at record peak as bank earnings kick in, CPI on tap
Futures: Dow down 0.07%, S&P 500 up 0.36%, Nasdaq up 0.58%Nvidia surges as H20 chip sales to China set to resumeBlackRock rises as assets hit recordBy Pranav Kashyap and Nikhil Sharma July 15 (Reuters) - Futures tied to the Nasdaq and the S&P 500 hit record highs on Tuesday as the sec...Reuters
Tue, Jul 15
LIVE MARKETS-Positioning entering neutral territory
STOXX 600 up 0.2%Tech leads gainersNvidia to resume AI chip sales to China Wall St futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com POSITIONING ENTERING NEUTRA...Reuters
Tue, Jul 15
Bank of New York Mellon Corp reports results for the quarter ended June 30 - Earnings Summary
Bank of New York Mellon Corp BK.N reported quarterly adjusted earnings of $1.94 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of fifteen analysts for the quarter was for earnings of $1.76 per share. Wa...Reuters
Tue, Jul 15
Where Will Nvidia Stock Be in 5 Years?
Key PointsNvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. But Nvidia's role is less certain.These 10 stocks could mint the next wave of millionaires › With shares up more than 50% since the start...The Motley Fool
Tue, Jul 15
Where Will Circle Internet Stock Be in 1 Year?
Key PointsCircle's initial success has made it extremely expensive.Interest rates affect its revenue, and a large chunk of that revenue goes to Coinbase.Stablecoins could shake up the payments industry, but that doesn't mean Circle is a great investment right now.10 stocks we like better than Circle...The Motley Fool
Tue, Jul 15
