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PepGen, Dyne rise after Novartis' $12 bln deal to buy rival Avidity
Shares of drug developer PepGen PEPG.O up 21% at $5.53, while Dyne Therapeutics DYN.O rise 37.5% at $23.54 Rival Avidity Biosciences RNA.O on Sunday agreed to be acquired by Swiss drugmaker Novartis NOVN.S for about $12 billion in cash to bolster its portfolio of treatments for rare muscle disorders...Reuters
6 hours ago
Gold miners fall as bullion slips on potential US-China trade deal
Shares of gold miners fall, tracking a drop in prices of bullion GOL/Spot gold XAU= down 2.9% at $3,990.89/ouncePrices fall as signs of a thaw in U.S.-China trade tensions reduce some of bullion's appeal, while investors await the Federal Reserve's interest rate decision this weekTop miners ...Reuters
6 hours ago
Top Calls on Wall Street: Nvidia, Microsoft, Berkshire, Apple, Tesla, Micron & More
Here are the biggest calls on Wall Street on Monday:Wells Fargo reiterates Bank of America as overweightThe firm raised its price target on the stock.“We expect BAC to post a new 16%-18% ROTCE target at its Nov. 5 investor day on expectations that it can better monetize its unique franchise. Increas...Tiger News
6 hours ago
LIVE MARKETS-China's high-tech hustle puts U.S. AI giants in the hot seat
US stocks hit record highs; Nasdaq out front, up ~1.5% Comm Svcs leads S&P sectors; Utilities weakest groupEuro STOXX 600 index up ~0.2%Dollar ~flat; crude edges up; bitcoin up >1%; gold down ~3%US 10-Year Treasury yield rises to ~4.02% Welcome to the home for real-time coverage of markets br...Reuters
6 hours ago
Argentina ADRs rally after Milei's party wins midterm elections
U.S.-listed shares of Argentine companies gain after President Javier Milei's party wins midterm electionsMilei's party secures strong mandate, bolstering support to keep pushing through his radical overhaul of the economy "This momentum sets the stage for ambitious macroeconomic refo...Reuters
6 hours ago
Revvity lifts profit forecast on renewed demand in diagnostics unit
By Siddhi Mahatole Oct 27 (Reuters) - Medical equipment maker Revvity RVTY.N on Monday raised its annual profit forecast and beat third-quarter estimates on improving U.S. demand for its testing kits in the diagnostics unit. However, sales of its diagnostics products in key market China declin...Reuters
6 hours ago
Berkshire cut to 'underperform' by KBW, which cites Geico, tariffs, Buffett
By Jonathan Stempel Oct 27 (Reuters) - Berkshire Hathaway BRKa.N has been downgraded to "underperform" by Keefe, Bruyette & Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on...Reuters
6 hours ago
CANADA STOCKS-TSX falls as gold selloff outweighs trade deal hopes
By Ragini Mathur Oct 27 (Reuters) - Canada's commodity-heavy main stock index retreated on Monday as declining gold prices outweighed optimism from progress in U.S.-China trade negotiations.At 10:15 a.m. ET (1415 GMT), Toronto's S&P/TSX composite index .GSPTSE was down 0.5% at 30,214....Reuters
6 hours ago
BridgeBio surges as muscle disorder drug scores 'best case' trial win
By Christy SanthoshOct 27 (Reuters) - BridgeBio Pharma BBIO.O said on Monday its experimental drug for a rare muscle disorder, which currently has no approved treatments, showed improvements in motor and lung function in a late-stage trial, sending its shares up 15%.The oral drug, BBP-418, is being ...Reuters
6 hours ago
Intellia pauses gene therapy trials after patient suffers liver injury, shares slide
By Padmanabhan AnanthanOct 27 (Reuters) - Intellia Therapeutics NTLA.O has temporarily stopped dosing and patient screening in two late-stage studies of its gene therapy after a participant developed serious liver injury, the company said on Monday, sending its shares down over 46% in morning tradin...Reuters
6 hours ago
Rare Earth Stocks Extend Decline; UAMY down 22%; Critical Metals down 20%; Energy Fuels down 16%
Rare earth stocks fell in Monday trading.UAMY fell 22%; Critical Metals fell 20%; Energy Fuels fell 16%; NioCorp Developments fell 15%; USA Rare Earth fell 14%; MP Materials fell 10%.U.S. Treasury Secretary Bessent said over the weekend that he believed China would agree to defer certain planned exp...Tiger News
6 hours ago
Galp Energia's quarterly core profit rises 11%, beating estimates
Galp says "well positioned to surpass" EBITDA full-year guidanceSeveral parties interested in stake in Namibia's Mopane fieldGalp's shares rise 3%By Sergio Goncalves LISBON, Oct 27 (Reuters) - Portugal's Galp Energia GALP.LS reported an 11% increase in third-quarter core profi...Reuters
7 hours ago
Rare earth miners fall as US-China truce to pause tariffs, export curbs
Oct 27 (Reuters) - Shares of U.S.-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals, easing fears of supply disruptions that had boosted t...Reuters
7 hours ago
Silver miners fall as metal prices edge lower ahead of Fed rate decision
Shares of silver miners down, tracking falling prices of the white metal GOL/Spot silver XAG= down 4% at $46.58/ounce as market participants await U.S. Federal Reserve's interest-rate decision this weekHecla Mining HL.N down 5% and Coeur Mining CDE.N down 7.2%Canadian miners Endeavour Silver EDR...Reuters
7 hours ago
Gold Stocks Extend Losses As Spot Gold Falls Below $4,000/Oz; Gold Fields down 9%; Gold Resources down 8%
Gold stocks fell in Monday trading as spot gold extended decline, last down nearly 2.9% to $3,991/Oz.Gold Fields fell 9%; Gold Resources fell 8%; Coeur Mining, Harmony Gold, U.S. Gold fell 7%; Newmont, Kinross fell 6%.Tiger News
7 hours ago
EMERGING MARKETS-Argentina leads LatAm rally after Milei's midterm triumph ignites market frenzy
Benchmark stock index rallies over 19%Brazilian equities hit recordColombia assets extend gainsBy Niket Nishant Oct 27 (Reuters) - Argentine assets rallied sharply on Monday after President Javier Milei's party scored a surprise win in the midterm elections, reinforcing bets on a sweeping ec...Reuters
7 hours ago
US STOCKS-Wall Street scales new highs on US-China trade optimism
Indexes up: Dow 0.51%, S&P 500 0.86%, Nasdaq 1.4%Rare earth miners fall on signs of U.S.-China trade dealU.S.-listed Argentina stocks gain after Milei's election By Pranav Kashyap and Twesha Dikshit Oct 27 (Reuters) - Wall Street's main indexes notched record highs on Monday as expect...Reuters
7 hours ago
LIVE MARKETS-Why the short squeeze is hammering the 'quality factor'
US stocks hit record highs; Nasdaq out front, up ~1.5% Comm Svcs leads S&P sectors; Utilities weakest groupEuro STOXX 600 index up ~0.2%Dollar ~flat; crude edges up; bitcoin up >1%; gold down ~3%US 10-Year Treasury yield rises to ~4.02% Welcome to the home for real-time coverage of markets br...Reuters
7 hours ago
Huntington to buy Cadence for $7.4 billion as US bank deals heat up
Deal to create bank with $276 billion in assetsBanking M&A in 2025 accelerates Cadence shares up 5%, Huntington falls 2.5%Huntington eyes foothold in high-growth marketsBy Manya Saini Oct 27 (Reuters) - Huntington Bancshares HBAN.O agreed to buy smaller rival Cadence Bank CADE.N for $7.4 bill...Reuters
7 hours ago
