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Verona hits record high after Merck's $10 billion acquisition
** U.S.-listed shares of lung therapy firm Verona Pharma VRNA.O I9SAy.F jump 20.7% to all-time high of $104.81 ** Verona set of its best day in over 2 years, if gains hold ** Merck MRK.N will buy London-based Verona for about $10 billion** Merck will pay $107 per American depository share for Ve...
Reuters
Wed, Jul 9
EMERGING MARKETS-Latam FX mixed, stocks slump after Trump's latest tariff salvo
Mexico's annual inflation eases in June, but core rate climbsPoll shows Brazil's inflation expected to slow in June Chile's peso, Brazil's real take hit from copper tariffs MSCI Latam FX up 0.2%, stocks down 0.4%By Ragini Mathur and Purvi Agarwal July 9 (Reuters) - Latin American ...
Reuters
Wed, Jul 9
Think Nvidia Stock Is Expensive? These 3 Charts Might Change Your Mind.
Key PointsNvidia's valuation looks excessive by some metrics.The chipmaker's shares are cheaper than they appear.10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) remains one of the best artificial intelligence (AI) stocks on the market. But with the chipmaker now trading at a price-to-sa...
The Motley Fool
Wed, Jul 9
Why AES Corp. Stock Popped Today
Key PointsBrookfield and BlackRock may want to buy AES.AES stock is down sharply over the past year, but its power may be in demand for AI data centers. AES is profitable, but it carries a lot of debt, and does not generate positive free cash flow.10 stocks we like better than The AES Corporation › ...
The Motley Fool
Wed, Jul 9
Starbucks China attracts bids at up to $10 billion valuation, CNBC reports
July 9 (Reuters) - Starbucks' SBUX.O China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion, CNBC reported on Wednesday, citing people familiar with the matter.Asia-based private equity firms Centurium Capital, which holds a stake in St...
Reuters
Wed, Jul 9
Canopy Growth gains after financial leadership reshuffle
** Shares of Canadian pot producer Canopy Growth WEED.TO up 2.4% to $1.73** Company terminates the employment of chief financial officer Judy Hong "without cause"** WEED adds that the termination was not related to its operating results or due to any disagreements or concerns over its financ...
Reuters
Wed, Jul 9
Top Calls on Wall Street: Apple, Tesla, Broadcom, Meta, SMCI, Disney, MongoDB, Caterpillar and More
Here are the biggest calls on Wall Street on Wednesday:Morgan Stanley reiterates Apple as overweightThe firm says it sees “little disruption” for Apple following the departure of its chief operating officer.“Soon-to-be COO Sabih Khan brings a strong pedigree that likely means little disruption (or...
Tiger News
Wed, Jul 9
Citi flags uncertainty in life science sector as funding shifts and tariffs bite
** Citi Research says North America's life science sector struggled in the first half of 2025 as new U.S. funding policies and global tariffs hit tools companies hardest** Brokerage views diagnostics companies as more stable, since they rely less on government or big pharma funding, making them ...
Reuters
Wed, Jul 9
CANADA STOCKS-TSX rises as investors assess tariff concerns
By Twesha Dikshit and Sukriti Gupta July 9 (Reuters) - Canada's main stock index inched up on Wednesday, buoyed by real estate shares, with investors on the lookout for trade and tariff updates.Toronto's S&P/TSX .GSPTSE index advanced 0.1% to 26,938.86 points, after falling for two st...
Reuters
Wed, Jul 9
Lilly climbs as FDA approves gradual dosing for Alzheimer's drug
** Shares of drugmaker Eli Lilly LLY.N rise 1.8% to $791.85** Co says the U.S. FDA approved changing the prescribing information for its Alzheimer's drug Kisunla to allow more gradual dosing to lower the risk of a potentially dangerous type of brain swelling** Says the new dosing recommendation ...
Reuters
Wed, Jul 9
INSTANT VIEW-Nvidia becomes first company to hit $4 trillion in market value
July 9 (Reuters) - Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.Shares of the leading chip designer rose as much as 2.5% to an al...
Reuters
Wed, Jul 9
LIVE MARKETS-U.S. stocks climb as Nvidia breaks the $4 trillion mark
Major US indexes higher, Nasdaq up ~0.8%Comm Svcs leads S&P 500 sector gainers; Staples weakest groupEuro STOXX 600 index up ~0.8%Dollar flat; gold, bitcoin rise; crude declinesUS 10-Year Treasury yield dips to ~4.38%Welcome to the home for real-time coverage of markets brought to you by Reuters...
Reuters
Wed, Jul 9
Mobileye shares rise after Intel's planned stake sale unveiled
** Shares of autonomous driving tech firm Mobileye MBLY.O up 1.8% to $18.97 early Weds after secondary offering by chipmaker Intel INTC.O announced ** Israeli-based MBLY late Tues commenced offering of 45 mln Class A shares being offloaded by Intel Overseas Funding Corp with Goldman Sachs and BofA a...
Reuters
Wed, Jul 9
2 Growth Stocks to Invest $1,000 in Right Now
Key PointsTwilio and ASML have both witnessed a nice acceleration in growth thanks to AI.These stocks are trading at attractive levels despite clocking impressive gains recently.Their growth potential makes them worth buying and holding on to for the long run.10 stocks we like better than Twilio › T...
The Motley Fool
Wed, Jul 9
Argus raises Oracle PT on strong cloud services demand
** Argus raises Oracle ORCL.N price target to $270 from $235, representing a premium of 15.1% on last close** Research firm reiterates co's rating to "buy"** Co's shares slightly rise to $235 in early trading** Research firm says co's strong revenue and outlook for FY26 and FY27 ...
Reuters
Wed, Jul 9
Trump: Our Fed Rate Is at Least 3 Points Too High
Trump: Our Fed Rate Is at Least 3 Points Too High
Tiger News
Wed, Jul 9
US STOCKS-Nvidia leaps to $4 trillion as Wall Street shakes off tariff concerns
Indexes up: Dow 0.65%, S&P 500 0.64%, Nasdaq 0.95%AES jumps on report of potential sale effortsUnitedHealth down on report of DOJ probing co's Medicare billingNvidia becomes first company to hit $4 trillion in market valueBy Pranav Kashyap and Nikhil Sharma July 9 (Reuters) - Wall Str...
Reuters
Wed, Jul 9
Jasper Therapeutics falls after halting clinical programs
** Shares of drug developer Jasper Therapeutics JSPR.O down 5.6% to $2.85 ** Co says it is reducing its workforce by 50% and implementing a corporate reorganization, along with cost-cutting measures, to extend its cash runway** JSPR also says it is halting other clinical and preclinical programs in ...
Reuters
Wed, Jul 9
Big Tech Stocks Gain; Nasdaq up 1%; Nvidia up 2.5%; Amazon, Microsoft, Meta, AMD up 2%
US stocks extended gains. Nasdaq up 1%, S&P 500 up 0.6% and Dow up 0.5%.Big tech stocks rose in Wednesday trading. Nvidia up 2.5%; Amazon, Microsoft, Meta, AMD rose 2%; TSMC, Alphabet rose 1.7%.
Tiger News
Wed, Jul 9
My 2 Favorite Stocks to Buy Right Now
Key PointsRegardless of overall market conditions, good stocks can be had for investors who look diligently.Taiwan Semiconductor is the leading chip foundry and has doubled its revenue over the past five years.Beverage behemoth Coca-Cola is a Dividend King with 63 consecutive years of payout increas...
The Motley Fool
Wed, Jul 9
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