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Centene slumps after withdrawing 2025 forecast
** Shares of health insurer Centene CNC.N fall 20.6% to $45 after the bell** CNC withdraws its 2025 earnings forecast** Preliminary data from 22 of 29 states where CNC offers plans show a $1.8 billion drop in risk adjustment revenue, representing a $2.75 hit to adj. EPS** CNC's Medicaid business...
Reuters
Tue, Jul 1
US STOCKS-Nasdaq, S&P 500 close lower, weighed by tech stocks, Dow ends up
Dow closes up 0.91%; Nasdaq falls 0.82%; S&P drops 0.11%Trump says not thinking of extending deadline for trade deals Trump's tax and spending bill passes US SenateTesla slides to 3-week low as Trump-Musk feud reignitesBy Sabrina Valle NEW YORK, July 1 (Reuters) - The Nasdaq and the S&...
Reuters
Tue, Jul 1
GLOBAL MARKETS-Stocks slip, US yields rise as data, Powell comments gauged
Tesla shares fall as Musk-Trump feud reignitesFed's Powell does not rule out July cutMixed signals in US manufacturing contracts, job marketBy Chuck Mikolajczak NEW YORK, July 1 (Reuters) - Global shares edged lower and U.S. Treasury yields rose on Tuesday as investors weighed a host of U.S. ...
Reuters
Tue, Jul 1
Why NuScale Power Stock Sank 8.7% Today
Shares of NuScale Power (NYSE: SMR) sank on Tuesday, finishing the day down 8.7%. The drop comes as the S&P 500 and Nasdaq Composite lost 0.2% and 0.9%, respectively.The Wall Street Journal reported that Alphabet's Google has signed a major deal with a nuclear fusion company.Where to invest $1,000 r...
The Motley Fool
Tue, Jul 1
Why NextEra Energy Bounced Back Today
Shares of utility and renewables power developer NextEra Energy (NYSE: NEE) rallied today, up 5.3% in Tuesday's trading session.NextEra had fallen hard yesterday, after a surprise tax was added to the Senate's version of the "Big, Beautiful Bill" going to a vote this week. However, it appears that i...
The Motley Fool
Tue, Jul 1
ArriVent BioPharma falls on planned $75 mln stock sale
** ArriVent BioPharma's AVBP.O shares down 4.7% post-market to $19.90 as co looks to raise equity** Newtown Square, Pennsylvania-based co announces $75 mln offering of shares and pre-funded warrants to buy shares** Co to use net proceeds to support activities for lead candidate, firmonertinib, i...
Reuters
Tue, Jul 1
Why Oklo Stock Plummeted Today
Shares of Oklo (NYSE: OKLO) fell on Tuesday, finishing the day down 7.6%. The drop comes as the S&P 500 and Nasdaq Composite lost 0.2% and 0.9%, respectively.Oklo took a hit today after The Wall Street Journal reported that Alphabet's Google has signed a deal with a nuclear fusion company.Where to i...
The Motley Fool
Tue, Jul 1
LIVE MARKETS-U.S. stocks toss and turn over Trump tax-cut bill, trade talk
Main US indexes end mixedMaterials lead S&P sector gainers; Comm Svcs weakest groupDollar ~flat; crude, gold both up ~1%; bitcoin off ~2%US 10-Year Treasury yield edges up ~4.25% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thought...
Reuters
Tue, Jul 1
EMERGING MARKETS-Latam FX inches down, stocks gain with focus on Trump's tax bill, tariff talks
BofA Global Research remains bullish on emerging market assetsBrazilian government to challenge tax hike reversalMSCI Latam FX up 0.2%, stocks add 0.4%By Ragini Mathur, Purvi Agarwal and Shashwat Chauhan July 1 (Reuters) - Most Latin American currencies inched lower and stocks gained on Tuesday a...
Reuters
Tue, Jul 1
US STOCKS-Nasdaq closes lower, weighed by tech stocks, Dow ends sharply higher
Trump says not thinking of extending deadline for trade deals Trump's tax and spending bill passes US SenateTesla slides to 3-week low as Trump-Musk feud reignitesBy Sabrina Valle NEW YORK, July 1 (Reuters) - The Nasdaq closed lower on Tuesday, dragged down by weakness in large-cap tech s...
Reuters
Tue, Jul 1
ANALYSIS-Foreign investors increase dollar hedges on US stock portfolios
Dollar volatility has foreign investors raising hedges on US stocks portfoliosSafe-haven status of dollar being questionedDollar was a diversifier, rising when US stocks are fallingIts recent decline alongside US equities worry managersIncreased hedging will pressure the dollar lowerBy Laura Matthew...
Reuters
Tue, Jul 1
Why The Hershey Company Rallied Today
Shares of The Hershey Company (NYSE: HSY) rallied 6.8% on Monday, as of 1 p.m. ET.There appeared to be a bit of a rotation today on the first day of the new quarter, with large-cap tech stocks mostly selling off and other stocks, such as small-caps and those in other left-behind sectors rising. Howe...
The Motley Fool
Tue, Jul 1
US STOCKS-S&P 500, Nasdaq turn higher as Senate passes Trump's tax cut bill
S&P 500 up 1%, Nasdaq off 0.5%, Dow up 1%Trump's tax and spending bill passes US SenateYields rise on stronger-than-expected jobs data Tesla slides to 3-week low as Trump-Musk feud reignitesBy Sabrina Valle NEW YORK, July 1 (Reuters) - The S&P 500 turned higher on Tuesday afternoo...
Reuters
Tue, Jul 1
GLOBAL MARKETS-Stocks flat, US yields climb dip as data, Powell comments gauged
Tesla shares fall as Musk-Trump spat restartsPowell's doesn't rule out July cutU.S. manufacturing contracts, job market shows mixed signalsBy Chuck Mikolajczak NEW YORK, July 1 (Reuters) - Global shares were little changed and U.S Treasury yields were higher on Tuesday, as investors weigh...
Reuters
Tue, Jul 1
Neurogene jumps as FDA approves rare gene therapy trial design
** Shares of drug developer Neurogene NGNE.O rise 35% to $20.23** Late on Monday, co said it received FDA approval for the design of its trial testing the NGN-401 gene therapy for Rett syndrome in females aged 3 and older** Rett syndrome is a rare genetic disorder that causes the brain to stop devel...
Reuters
Tue, Jul 1
Tesla sales rise in Norway and Spain, boosted by Model Y
Tesla's registrations rise in Norway, Spain driven by Model YRegistrations drop in Sweden, Denmark, France for sixth monthTesla faces rising competition and fallout from CEO Musk's actionsRegistrations down in Italy for second monthBy Amir Orusov July 1 (Reuters) - Tesla's TSLA.O sal...
Reuters
Tue, Jul 1
U.S. STOCKS ON THE MOVE-Energy stocks, Apple, Vertex
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq dropped from record highs on Tuesday, as Tesla shares were hit by a renewed spat between CEO Elon Musk and U.S. President Donald Trump, while better-than-expec...
Reuters
Tue, Jul 1
Why LVMH Stock Was Climbing Today
Shares of LVMH (OTC: LVMUY) were moving higher today as the luxury goods conglomerate won an endorsement from Goldman Sachs.As of 12:10 p.m. ET, the stock was up 5.1% on the news.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right no...
The Motley Fool
Tue, Jul 1
Ford, GM rise on higher second-quarter US auto sales
** Shares of Ford Motor F.N up 4% at $11, while General Motors GM.N also gained 4% to $51** Ford Motor posts a 14.2% rise in second-quarter U.S. sales, driven by higher demand for its pickup trucks** Ford's overall sales rose to 612,095 units in the three months to June** General Motors reports ...
Reuters
Tue, Jul 1
Why Did Vistra Stock Drop Today?
Shares of electric utility and nuclear power plant operator Vistra (NYSE: VST) stock tumbled 4.1% through 12:55 p.m. ET Tuesday after The Wall Street Journal warned investors that President Trump's plan to kick-start a nuclear power renaissance in America "won't be easy." Image source: Getty Images....
The Motley Fool
Tue, Jul 1
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