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CANADA STOCKS-TSX falls as tech shares weigh; eyes on US-China trade talks
By Ragini Mathur June 9 (Reuters) - Canada's main stock index fell on Monday, dragged by technology shares, as investors cautiously monitored a fresh round of U.S.-China trade talks aimed at easing tensions between the world's largest economies.The S&P/TSX composite index .GSPTSE was ...Reuters
Mon, Jun 9
McDonald's down after Morgan Stanley downgrade to 'equal-weight'
** Shares of McDonald's MCD.N down as much as 2.4% at $299.85 ** Brokerage Morgan Stanley downgrades stock to "equal-weight" from "overweight"; cuts PT by $5 to $324** MCD is a top-quality business but hasn't been, and probably will not be, insulated from some structural pres...Reuters
Mon, Jun 9
EMERGING MARKETS-Latam FX approaches record peak with Sino-US talks in focus
Latam FX up 0.5%, stocks down 0.6%Mexico's annual inflation speeds up in May, exceeds targetChile's May copper exports up 4.4% at $4.48 billionColombian May inflation data later in the dayBy Nikhil Sharma June 9 (Reuters) - An index tracking Latin American currencies inched closer to a re...Reuters
Mon, Jun 9
US STOCKS-Wall Street mixed as US-China trade talks begin
Indexes: Dow down 0.30%, S&P 500 down 0.01%, Nasdaq up 0.23%Robinhood falls after S&P 500 inclusion snubTesla falls after brokerage downgrades stockWarner Bros shares up after co said it plans to split businessesBy Kanchana Chakravarty and Sukriti Gupta June 9 (Reuters) - Wall Street'...Reuters
Mon, Jun 9
Street View: Walmart targets growth with digital, advertising investments
** Walmart WMT.N CEO Doug McMillon during annual shareholders' meeting on Friday emphasized the retail giant's investments in areas including wages, opportunity, innovation and technology to strengthen the company** At least three brokerages raise PT on the stock** Median PT of 44 brokerages...Reuters
Mon, Jun 9
EchoStar descends after report co mulling bankruptcy filing amid FCC investigation
** EchoStar's SATS.O shares down 8% at $16.08 early Mon after report telecom services firm preparing potential bankruptcy filing amid ongoing Federal Communications Commission probe** SATS vies to shield its cache of wireless spectrum licenses from the threat of revocation by federal regulators,...Reuters
Mon, Jun 9
LIVE MARKETS-S&P 500 flat, with US-China trade talks in focus, WWDC ahead
S&P 500 ~flat, Nasdaq rises, Dow dips Financials weakest S&P 500 sector; Tech up the mostEuro STOXX 600 index off ~0.2%Dollar ~flat; crude, gold rise slightly; bitcoin up >1%US 10-Year Treasury yield edges down to ~4.49%Welcome to the home for real-time coverage of markets brought to you...Reuters
Mon, Jun 9
Synaptogenix Launch Of Differentiated Cryptocurrency Treasury Strategy Focused Exclusively On AI Crypto Token 'TAO'
June 9 (Reuters) - Synaptogenix Inc SNPX.O:SYNAPTOGENIX: LAUNCH OF DIFFERENTIATED CRYPTOCURRENCY TREASURY STRATEGY FOCUSED EXCLUSIVELY ON AI CRYPTO TOKEN "TAO"SYNAPTOGENIX INC - PLANS INITIAL $10 MILLION TAO ACQUISITION, TARGETS $100 MILLION IN TAO TOKEN ACQUISITIONSSYNAPTOGENIX INC - ENTERS...Reuters
Mon, Jun 9
Oddity Tech falls after $350 mln exchangeable notes deal announced
** Shares of Israeli-based online cosmetics retailer Oddity Tech ODD.O down 5.4% at $73.20 early Mon as it seeks capital raise** Co announces private offering of $350 mln 0% 5-yr exchangeable notes** It intends to use net proceeds for general purposes, including potential acquisitions** Co to also u...Reuters
Mon, Jun 9
Baird downgrades Tesla to 'neutral' on Musk's political activities; shares slip
** Tesla TSLA.O shares slip more than 3% in early trading to $286.20** Baird cuts TSLA rating to 'neutral'** Brokerage says Elon Musk's statements about robotaxi ramp rate are too optimistic and his ties with President Donald Trump add "considerable uncertainty"** Baird adds that...Reuters
Mon, Jun 9
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
Cash offer of 183 pence per Alphawave shareOffer at 96% premium to AWE's shares at March 31 closeQualcomm also tables alternative share offersAlphawave shares jump more than 22%, Qualcomm up 4%By Yamini Kalia June 9 (Reuters) - U.S. chipmaker Qualcomm QCOM.O agreed to acquire Alphawave AWE.L ...Reuters
Mon, Jun 9
Can Nike Stock Double a $1,000 Investment in 5 Years?
When thinking of the most powerful brands on the planet, Apple and Coca-Cola might immediately come to mind. I wouldn't be surprised if Nike (NYSE: NKE) gets brought up as well.The leader in athletic footwear and apparel has a storied history, to be sure. However, it has hit a major rough patch. The...The Motley Fool
Mon, Jun 9
Intuitive Surgical falls after Deutsche Bank downgrades
** Intuitive Surgical ISRG.O falls 10.3% to $499.42 in early trading** Deutsche Bank downgrades co to "sell" from "hold", cuts PT to $440 from $515** Stock rated "buy" on avg.; median PT is $590, per LSEG-compiled data** As of last close, ISRG up 6.7% this yearReuters
Mon, Jun 9
Robinhood, AppLovin fall after S&P 500 inclusion snub
** Shares of online brokerage Robinhood Markets HOOD.O drop 7.1% to $69.6 after rallying more than 10% last week; stock set to snap a six-day winning streak** S&P Dow Jones Indices announced on June 6 that it will not be making any changes to the S&P 500 .SPX index as part of its latest reba...Reuters
Mon, Jun 9
Robinhood shares fall as S&P 500 inclusion hopes dashed
S&P Dow Jones Indices keeps S&P 500 membership unchangedOther hopeful AppLovin falls 4.6% after recent rallyBy Shashwat Chauhan June 9 (Reuters) - Shares of Robinhood Markets HOOD.O dipped 6% on Monday after S&P Dow Jones Indices made no changes to the S&P 500 membership following...Reuters
Mon, Jun 9
CANADA STOCKS-TSX opens flat, investors eye US-China trade talks
June 9 (Reuters) - Canada's main stock index opened flat on Monday as investors monitored a fresh round of U.S.-China trade talks aimed at easing tensions between the world's largest economies.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE wa...Reuters
Mon, Jun 9
This AI-Focused ETF Just Launched -- Here's What's Inside and Why It Matters
Not too many Wall Street analysts have name recognition, but Wedbush's Dan Ives is one of the best-known commentators and AI cheerleaders.Ives is a frequent guest on CNBC and other financial news outlets, as well as social media, typically wearing a bright-colored jacket and a loud shirt. He's known...The Motley Fool
Mon, Jun 9
Spectris open to $5 billion takeover bid from Advent, shares soar
Proposal at 37.63 pounds per Spectris share, including dividendShares soar 70% to 34.54 pounds apieceAdvent has until July 7 to make a formal offer or walk awayBy Yadarisa Shabong and DhanushVignesh BabuJune 9 (Reuters) - British scientific instruments maker Spectris SXS.L said it would accept a 3.7...Reuters
Mon, Jun 9
US STOCKS SNAPSHOT-Wall Street opens higher as US-China trade talks begin
June 9 (Reuters) - Wall Street's main indexes opened higher on Monday as investors watched a fresh round of negotiations between the United States and China aimed at mending a trade rift that has rattled financial markets for much of the year.The Dow Jones Industrial Average .DJI rose 23.3 point...Reuters
Mon, Jun 9
