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Inovio Pharma dives on equity offering plans
** Inovio Pharmaceuticals' INO.O shares down 22% to $1.67 in extended trading as it seeks equity raise** Co, which focuses on treating HPV-related diseases, cancer, and infectious diseases, announces proposed stock and warrants offering; deal size not disclosed** It intends to use net proceeds p...Reuters
Wed, Jul 2
MIRA Pharmaceuticals jumps on positive preclinical data from marijuana-based pain relief drug
** Shares of drug developer MIRA Pharmaceuticals MIRA.O rise 45.9% to $1.81 in extended trading ** Company says its experimental drug, Mira-55, a non-psychoactive marijuana analog showed morphine-comparable pain relief in a preclinical animal trial ** Mira-55 is a synthetic analog of marijuana desi...Reuters
Wed, Jul 2
Why Taiwan Semiconductor Manufacturing Stock Jumped Today
Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) (TSMC) rose on Wednesday, finishing the day up 4%. The jump comes as the S&P 500 gained 0.4% and the Nasdaq Composite gained 0.9%.The semiconductor giant's stock got a boost after an analyst raised his price target on the stock.Where to invest...The Motley Fool
Wed, Jul 2
CANADA STOCKS-TSX ekes out new record high on Fed rate cut optimism
TSX ends up 0.1% at 26,869.66Eclipses Monday's record closing highEnergy rises 1.4% as oil settles 3.1% higherMaterials group avances 1%By Fergal Smith July 2 (Reuters) - Canada's main stock index edged up to a new record high on Wednesday, helped by gains for resource and consumer discre...Reuters
Wed, Jul 2
Centene shares plunge after health insurer withdraws forecast over Obamacare concerns
By Christy Santhosh July 2 (Reuters) - Centene CNC.N shares closed at an eight-year low on Wednesday, marking their largest single-day plunge, after the U.S. health insurer withdrew its 2025 earnings forecast due to an expected revenue slump from commercial plans under Obamacare.The withdrawa...Reuters
Wed, Jul 2
Xponential Fitness rallies after co says SEC concludes probe without action
** Shares of Xponential Fitness XPOF.N rally 23.1% post-market to $9.18 after it says U.S. Securities and Exchange Commission concludes investigation without action** California-based boutique fitness franchiser says in filing that SEC said on Jul 1 it concluded the probe, first disclosed in Dec 202...Reuters
Wed, Jul 2
Why Arm Holdings Stock Soared 30% in June
Shares of Arm Holdings (NASDAQ: ARM) shot up last month on a broader bullish trend in the semiconductor industry that lifted peers like Nvidia and AMD as concerns around tariffs and a potential recession simmered down, and the risk-on artificial intelligence (AI) trade returned.There was no single n...The Motley Fool
Wed, Jul 2
GLOBAL MARKETS-Stocks climb to record, gilt yields surge on finance minister uncertainty
ADP report shows unexpected drop in private payrollsUK gilt yields surge amid finance minister concernsDollar set to snap nine-session streak of declinesBy Chuck Mikolajczak NEW YORK, July 2 (Reuters) - Global stocks rose to a record high on Wednesday after U.S. data showed an unexpectedly weak r...Reuters
Wed, Jul 2
OpenAI says it has not partnered with Robinhood for stock token
July 2 (Reuters) - OpenAI said on Wednesday it has not partnered with Robinhood HOOD.O for the stock tokens that the trading platform unveiled earlier this week.On Monday, Robinhood had launched tokens that would allow its customers in the European Union to get exposure to OpenAI and SpaceX."We ...Reuters
Wed, Jul 2
LIVE MARKETS-With a tip of the hat to big tech, S&P 500, Nasdaq snap back
Nasdaq ends up ~0.9%, S&P 500 up ~0.5%, Dow slipsEnergy leads S&P 500 sector gainers; Healthcare weakest groupDollar, gold up; crude gains >2.5%; bitcoin rallies ~3.5%US 10-Year Treasury yield rises to ~4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters r...Reuters
Wed, Jul 2
EMERGING MARKETS-Latam FX ticks higher as markets await more US trade developments
Mexican peso expected to fall after US tariff pause - poll Poland delivers surprise interest rate cutBy Ragini Mathur and Purvi Agarwal July 2 (Reuters) - Latin American currencies inched higher in volatile trading on Wednesday, as investors monitored U.S. trade negotiations ahead of Presiden...Reuters
Wed, Jul 2
US STOCKS-S&P 500, Nasdaq close up on Vietnam trade deal, tech stocks
U.S. and Vietnam reach trade dealCentene tumbles after pulling 2025 forecastTesla climbs, bouncing from decline early in weekBy Sabrina Valle NEW YORK, July 2 (Reuters) - The S&P 500 and Nasdaq closed up on Wednesday, lifted by gains in tech stocks and news of a trade agreement between the U....Reuters
Wed, Jul 2
Oracle rises on report of expansion of Stargate deal with OpenAI
** Shares of cloud service provider Oracle ORCL.N rise 4% to $227.71** OpenAI to rent additional 4.5 gigawatts of data center capacity from Oracle - Bloomberg News** The move is part of OpenAI's Stargate initiative, a joint venture with Oracle and SoftBank, which plans to invest $500 billion in ...Reuters
Wed, Jul 2
Rigetti Computing Is Skyrocketing Today -- Is the Quantum Computing Stock a Buy?
Rigetti Computing (NASDAQ: RGTI) stock is rocketing higher in Wednesday's trading thanks to positive analyst coverage and a bullish backdrop for the broader market. The company's share price was up 11.9% as of 3:15 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.4%, and the Nasdaq Composi...The Motley Fool
Wed, Jul 2
Why Energy Fuels Stock Lit Up Today
Energy Fuels (NYSEMKT: UUUU) stock surged 10.5% through 2:30 p.m. ET Wednesday after investment bank Cantor Fitzgerald upgraded the uranium mining stock from "speculative buy" to just plain "buy."The banker also gave the shares a price target of $7.17, says TheFly.com. If correct, this implies Energ...The Motley Fool
Wed, Jul 2
Why UnitedHealth Stock Is Sinking Again Today
Shares of UnitedHealth Group (NYSE: UNH) are falling today, down 4.5% as of 2:41 p.m. ET. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.8%.The troubled health insurance giant is seeing its stock slide after a fellow insurer announc...The Motley Fool
Wed, Jul 2
Think Nvidia Stock Is Expensive? This Chart Might Change Your Mind.
Like many high-growth stocks, Nvidia (NASDAQ: NVDA) shares looked expensive on a fundamental basis over the last three years, even as its price shot higher by almost 980%. Now, some investors likely feel they've missed out because shares trade at what would be considered a relatively high price-to-e...The Motley Fool
Wed, Jul 2
Why Target Stock Is Rising Despite Falling Early in Today's Trading
Target (NYSE: TGT) stock is in the green Wednesday despite seeing a big sell-off early in the day's trading. The company's share price was up 1.4% as of 2:30 p.m. ET. The stock had been down as much as 5.3% earlier in the session.Target opened today with a substantial sell-off following a jobs repor...The Motley Fool
Wed, Jul 2
US STOCKS-S&P 500 touches intraday record on Vietnam trade deal, tech stocks
S&P 500 up 0.3%, Nasdaq up 0.8%, Dow flatNasdaq up 0.78%; S&P gains 0.29%; Dow falls 0.16%Centene tumbles after pulling 2025 forecastTesla climbs after Q2 deliveries report By Sabrina Valle NEW YORK, July 2 (Reuters) - The S&P 500 touched an intraday high on Wednesday and the Nasd...Reuters
Wed, Jul 2
GLOBAL MARKETS-Stocks edge up to record, gilt yields surge on finance minister uncertainty
ADP report shows unexpected drop in private payrollsUK gilt yields surge amid finance minister concernsDollar set to snap nine-session streak of declinesBy Chuck Mikolajczak NEW YORK, July 2 (Reuters) - Global stocks advanced on Wednesday after U.S. data showed a surprisingly soft reading on the ...Reuters
Wed, Jul 2
