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Baltic dry bulk index gains on higher rates across vessels
July 10 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, due to higher rates across all vessel segments.* The main index .BADI, which tracks rates for capesize, panamax and supramax shipping vessels, gained 42...
Reuters
Thu, Jul 10
Britain joins France in 1.5 billion euro boost for Starlink rival Eutelsat
Britain set to retain stake in satellite operatorFrance's Macron welcomes UK investmentInvestment to bring Eutelsat's recapitalization to 1.5 billion eurosBy Gianluca Lo Nostro and Mathieu Rosemain July 10 (Reuters) - Britain plans to invest 163.3 million euros ($191 million) in satellite...
Reuters
Thu, Jul 10
Moderna climbs on full FDA nod for COVID shot in children 6 months or older
** Shares of vaccine maker Moderna MRNA.O rise 1.4% to $33.31 premarket** MRNA says U.S. FDA approved its COVID-19 vaccine, Spikevax, in children aged 6 months through 11 years who are at an increased risk of the disease** Co expects the updated shot to be available for eligible populations in the U...
Reuters
Thu, Jul 10
Battle of the Billionaires: Bill Ackman Has 14% of Pershing Square's Portfolio Invested in This Dirt Cheap "Magnificent Seven" Stock, Which Coatue Management's Philippe Laffont Thinks Is Headed for Further Pressure
Key PointsAckman holds Alphabet stock and cites the AI trend as a major catalyst for its search and cloud businesses.Laffont questions how dominant Google Search will still be in the face of competition from generative AI.Alphabet is leveraging OpenAI as a strategic partner, potentially mitigating t...
The Motley Fool
Thu, Jul 10
India's ban on Jane Street hits options volumes; rebound expected in coming weeks
By Bharath Rajeswaran July 10 (Reuters) - The Indian markets regulator's ban on Wall Street trading giant Jane Street has squeezed volumes in the country's options market, but traders expect activity to snap back as larger investors step in.The Securities and Exchange Board of India (SEBI...
Reuters
Thu, Jul 10
Is Amazon Stock the Best Prime Day Deal?
In this podcast, Motley Fool host Anand Chokkavelu and contributors Jason Hall and Matt Frankel discuss:The Aug.1 tariffs.This year's four-day Prime Day (and whether Amazon stock is a deal).Elon Musk's political party and Tesla.Bold predictions.To catch full episodes of all The Motley Fool's free po...
The Motley Fool
Thu, Jul 10
If You'd Invested $10,000 in Apple Stock 20 Years Ago, Here's How Much You'd Have Today
Key PointsApple stock provided steady growth from 1985 through 2005.Over the past two decades, shares of Apple have performed exceedingly well as the company produced several tech innovations.Those looking for tech exposure would be well advised to consider picking up shares of Apple.10 stocks we li...
The Motley Fool
Thu, Jul 10
Estee Lauder rises after BofA's 'buy' rating and Street-high PT
** Cosmetics giant Estee Lauder's EL.N shares rise 1.2% to $87.66 premarket** BofA Securities reinstates coverage with "buy" rating and a PT of $110 - highest on the Street, implying a premium of 27% to stock's last close ** Brokerage expects co's ‘Beauty Reimagined’ plan to ...
Reuters
Thu, Jul 10
Prediction: This Artificial Intelligence (AI) and "Magnificent Seven" Stock Will Be the Next Company to Surpass a $3 Trillion Market Cap by the End of 2025
Key PointsThe artificial intelligence trend will be a huge growth engine for Amazon's cloud computing division. Efficiency improvements should help expand profit margins for its e-commerce business. Anticipation of the company's earnings growth could help drive the shares higher in 2025's second hal...
The Motley Fool
Thu, Jul 10
Pre-Bell | US Stock Futures Little Changed. BIT Mining Soars 235%; WK Kellogg up 54%; MP Materials Surges 43%; Delta Air Lines up 13%; Nurix Jumps 12%
Stock futures were little changed Thursday as traders continued to try to shake off the tariff tumult a day after Nvidia led the Nasdaq Composite to a fresh record.Market SnapshotAt 8:15 a.m. ET, S&P 500 futures traded less than 0.1% lower, while Nasdaq-100 futures were around flat. Futures tied...
Tiger News
Thu, Jul 10
GLOBAL MARKETS-Stocks climb on AI and rate cut optimism, unfazed by Trump's tariff moves
German, UK stocks at highs as investors look past US tariffs50% tariff on US copper imports to begin August 1, says TrumpBrazil's real slides to one-month low on tariff threatsBitcoin holds near record highBy Rae Wee and Johann M Cherian SINGAPORE, July 10 (Reuters) - Global stocks advanced o...
Reuters
Thu, Jul 10
The 4 Most Dangerous Words for Bitcoin Investors: "This Time It's Different"
Key PointsBitcoin historically experiences four-year boom-and-bust cycles marked by tremendous volatility.According to some investors, Bitcoin has outgrown these boom-and-bust cycles.While some elements of the current cycle are different this time around, Bitcoin is not immune from experiencing a si...
The Motley Fool
Thu, Jul 10
TD Cowen flags Spotify's value being higher than recording and publishing cos
** TD Cowen flags a major valuation gap in the music industry** Spotify SPOT.N , which owns little content, is now valued at $177 bln, more than that of the entire recorded music and publishing industry combined at $169 bln** "We firmly believe that 'content is king', and it is hard for ...
Reuters
Thu, Jul 10
FuelCell Energy gains on tie-up with Inuverse for data center development in South Korea
** Shares of renewable power company FuelCell Energy FCEL.O rise 10.2% to $6.17 premarket** Company and data center developer Inuverse sign MoU to deploy up to 100 megawatts (MW) of fuel cell-based power in phased increments starting in 2027 at the AI Daegu Data Center (AI DDC) in South Korea** AI D...
Reuters
Thu, Jul 10
Nucor inches up after BMO raises PT on strong growth outlook
** Shares of Nucor NUE.N marginally up at $140 premarket** BMO Capital lifts PT to $155 from $145, a premium of 11% to the stock's last close; rating unchanged at "outperform"** Says co's Q2 EPS guidance raise last month was driven by stronger sheet and plate pricing, along with impr...
Reuters
Thu, Jul 10
41 States That Don't Tax Social Security Benefits
Key PointsMost states don’t tax Social Security benefits at all.Of those that do, the policies vary significantly.On the federal level, some seniors are about to get a new tax break.The $23,760 Social Security bonus most retirees completely overlook › One of the most common questions I get asked fro...
The Motley Fool
Thu, Jul 10
Pacira BioSciences falls after co cuts jobs amid manufacturing upgrade
** Shares of drugmaker Pacira BioSciences PCRX.O fall ~5% to $22.02 premarket** PCRX says in an SEC filing that it will cut 71 jobs, or about 8% of its workforce, at its San Diego Science Center after upgrading to larger manufacturing suites for its EXPAREL pain management product** EXPAREL is an FD...
Reuters
Thu, Jul 10
Better AI Stock: C3.ai vs. CoreWeave
Key PointsC3.ai is growing again, but its business model still looks shaky.CoreWeave is carving out a high-growth niche with its cloud-based GPUs.The higher-growth company is still a better overall investment.10 stocks we like better than C3.ai › C3.ai (NYSE: AI) and CoreWeave (NASDAQ: CRWV) are bot...
The Motley Fool
Thu, Jul 10
Kalvista Pharmaceuticals Inc reports results for the quarter ended April 30 - Earnings Summary
Kalvista Pharmaceuticals Inc KALV.OQ reported a quarterly adjusted loss of 99 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $-1.02. The mean expectation of ten analysts for the quarter was for a loss of 78 cents per share....
Reuters
Thu, Jul 10
Conagra Brands falls on lower-than-expected annual profit forecast
** Shares of packaged food maker Conagra Brands CAG.N drop 5.2% to $19.30 before the bell** CAG forecasts fiscal 2026 adjusted EPS between $1.70 and $1.85, below analysts' average estimate of $2.19, as per data compiled by LSEG** CAG says outlook accounts for 50% tariff rate on imported tin plat...
Reuters
Thu, Jul 10
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