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JP Morgan lifts Leidos PT on defense-led growth
JP Morgan raises PT on defense contractor Leidos Holdings LDOS.N to $230 from $205, maintains rating at "overweight"New PT shows an upside of 18% from the stock's last closeBrokerage says Leidos is set to grow next year, led by defense and intelligence programs, while health services fac...Reuters
Fri, Nov 7
Wendy's up after Q3 profit beat
Shares of Wendy's WEN.O rise 7% to $9.43 premarketCo tops Q3 profit estimates by 4 cents, helped by costs savings through its turnaround plan, despite pricier commodities and weak trafficQ3 adjusted EPS of 24 cents beats estimate of 20 cents- data compiled by LSEGHowever, Q3 comparable sales dec...Reuters
Fri, Nov 7
CNH Industrial slides after lowering FY profit forecast
Shares of farm and construction equipment maker CNH Industrial CNH.N down nearly 11.2% to $9.1 premarketCNH lowers FY profit forecast, as it scales back production of tractors and combines on sluggish demand Expects FY adj profit to be between 44 and 50 cents per share, from 50 to 70 cents earlierPo...Reuters
Fri, Nov 7
Is ASML Stock a Buy Now?
Key PointsASML holds a technological monopoly on equipment that is necessary to produce the most advanced semiconductor chips.Trillions of dollars worth of AI-capable chips will be needed over the next decade.ASML expects its revenue to rise 15% in fiscal 2025 despite geopolitical headwinds to its b...The Motley Fool
Fri, Nov 7
Fulgent Genetics rises after FY revenue forecast raise, Q3 revenue beat
Shares of genetic testing company Fulgent Genetics FLGT.O rise 7.6% to $24 premarketCo raises FY revenue forecast to $325 million, compared to a previous view of $320 million, analysts expect annual revenue of $320.12 million as per LSEG-compiled data Co posts Q3 revenue of $84.07 million, vs an est...Reuters
Fri, Nov 7
KKR climbs after Q3 profit beat
Shares of private equity firm KKR KKR.N rise 3.3% to $123.32 premarketCo posts Q3 adj. profit of $1.41 per share, beating estimates of $1.30 per share according to LSEG compiled dataKKR reports assets under management of $723.19 billion for the quarter, vs an estimate of $681.86 billionAs of last c...Reuters
Fri, Nov 7
ANI Pharma rises on Q3 results beat, FY revenue forecast raise
Shares of drugmaker ANI Pharmaceuticals ANIP.O rise 1.4% to $91.51 premarketCo reports Q3 revenue of $227.8 million, beating analysts' average estimate of $211.04 million - LSEG-compiled dataANIP posts Q3 adj. profit of $2.04 per share vs estimates of $1.75 apieceCo expects 2025 revenue between ...Reuters
Fri, Nov 7
LIVE MARKETS-It's (not) payrolls day!
STOXX 600 down 0.7%ITV jumps on unit sale talksRightmove tumbles S&P 500 futures down 0.4% Welcome 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 IT'S (NOT) PAYROLLS DAY! Today ...Reuters
Fri, Nov 7
GLOBAL MARKETS-AI rally fears and China trade woes chill stocks
Asian markets hit by negative China export dataSentiment shifting for AI rally; Softbank tanksUS stock futures lowerBy Lawrence White LONDON, Nov 7 (Reuters) - Tech-heavy stock markets were heading for their biggest weekly fall in seven months on Friday, as investors fretted over the sustainabili...Reuters
Fri, Nov 7
MP Materials falls on wider third-quarter loss
Shares of rare earth miner MP Materials MP.N fall 6.8% to $48.43 premarketCo said late on Thursday its net loss widened for the third-quarter as it stopped sales to Chinese customers as part of an agreement with the U.S. governmentMP posted Q3 net loss of $41.8 million, or 24 cents per share, vs a l...Reuters
Fri, Nov 7
Strategy Announces Pricing Of Initial Public Offering Of € Denominated Stre Stock
Nov 7 (Reuters) - Strategy Inc MSTR.O:STRATEGY ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING OF € DENOMINATED STRE STOCKSTRATEGY ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING OF € DENOMINATED STRE STOCKSTRATEGY - OFFERING PRICE SET AT €80.00 PER SHARESTRATEGY - PRICES IPO OF 7,750,000 SHARES OF 10% SE...Reuters
Fri, Nov 7
Space tech firm Voyager descends again after boosted $435 mln convertible bonds sale
Shares of space defense firm Voyager Technologies VOYG.N down 2.6% to $23.20 on light volume before the bell after above-target capital raise Denver, Colorado-based VOYG early Fri announced pricing private offering of $435 mln 0.75% 5-yr convertible bonds Initial conversion p...Reuters
Fri, Nov 7
Organon rises after agreeing to sell postpartum bleeding device to Laborie for up to $465 mln
Shares of healthcare firm Organon OGN.N rise 2% to $6.85 premarketCo says it will sell its JADA System, a device used to treat postpartum bleeding, to Laborie Medical Technologies for up to $465 millionDeal includes $440 mln upfront, $25 mln tied to 2026 sales targets – OGNOGN says ~100 of it's ...Reuters
Fri, Nov 7
LIVE MARKETS-"Watch out" but don't "get out" yet - BofA
STOXX 600 down 0.7%ITV jumps on unit sale talksRightmove tumbles S&P 500 futures down 0.4% Welcome 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 "WATCH OUT" BUT DON'T &...Reuters
Fri, Nov 7
Brevan Howard to invest $200 million in Catalio healthcare fund, say sources
Brevan makes $200 mln commitment to Catalio Public Equities fund Move highlights trend of hedge funds making external investments Catalio fund posted 49% return net of fees since began in 2023By Nell Mackenzie LONDON, Nov 7 (Reuters) - Brevan Howard has made a $200 million commitment to Catalio C...Reuters
Fri, Nov 7
US STOCKS-Wall Street futures fall at end of wobbly week
Futures down: Dow 0.26%, S&P 500 0.27%, Nasdaq 0.36%Tesla shareholders approve $1 trillion CEO pay packageExpedia jumps after annual revenue growth forecast hike By Twesha Dikshit and Purvi Agarwal Nov 7 (Reuters) - U.S. stock futures inched lower on Friday, putting the main indexes on course...Reuters
Fri, Nov 7
Monster Beverages rises after Q3 results beat
Shares of Monster Beverage MNST.O rise about 5% premarket to $69.55MNST beats Q3 sales and profit estimates on strong demand for energy drinks, as well as sugar-free beveragesQuarterly revenue of $2.02 billion beats estimates of $2.11 billion- LSEGCo reports Q3 EPS of 56 cents, topping estimates of ...Reuters
Fri, Nov 7
Pre-Bell | U.S. Futures Dip; Expedia Surges 15%; Affirm Jumps 7%; Block Sinks 15%; Opendoor Tumbles 25%
U.S. stock futures struggled for traction on Friday, after a wobbly week for Wall Street amid concerns about the economy and sky-high valuations in the technology sector.Market SnapshotAt 7:53 a.m. ET, Dow E-minis were down 165 points, or 0.35%, S&P 500 E-minis were down 33.5 points, or 0.5%, and Na...Tiger News
Fri, Nov 7
'GTA VI' delay to November 2026 allows Take-Two potentially bigger launch, analysts say
By Zaheer Kachwala Nov 7 (Reuters) - Repeated delays of "Grand Theft Auto VI" have failed to perturb analysts, who believe the new release window will allow Take-Two Interactive to make a bigger splash when it launches the videogame industry's highly anticipated title next year. ...Reuters
Fri, Nov 7
Microchip Tech falls after downbeat Q3 net sales forecast
Shares of chipmaker Microchip Technology MCHP.O fall 2.9% to $57.65 premarket, ranking among S&P 500's .SPX worst performers on FridayMCHP forecasts lower Q3 net sales than Wall Street expectations, according to data compiled by LSEGDemand for the co's chips weakens as automotive and ind...Reuters
Fri, Nov 7
