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RPT-From TACO to FAFO, investors love parodies of Trump acronyms
Acronyms reflect volatility and uncertainty in Trump-era marketsInvestment strategies capitalize on Trump's policies and international goalsAcronyms like TACO and MEGA highlight market reactions to Trump's actionsBy Stephen Culp and Suzanne McGeeNEW YORK, May 30 (Reuters) - Four months into ...
Reuters
Mon, Jun 2
BREAKINGVIEWS-Peak data growth is a quiet win for telcos
By Jennifer Johnson LONDON, June 2 (Reuters Breakingviews) - Companies usually rejoice when customers want more of what they’re selling. In telecom land, though, meeting future demand typically requires massive upfront investments from the likes of Verizon VZ.N and Vodafone VOD.L, which haven’t a...
Reuters
Mon, Jun 2
US stocks weekly: Topsy-turvy
** S&P 500 .SPX rises 1.9% amid tariff whiplash .N** Dow .DJI gains 1.6%, Nasdaq Composite .IXIC up 2%** Earlier in week, S&P 500 index leaps after Trump tariff reprieve, and then Nasdaq pops as court blocks Trump's proposed tariffs, before appeals court reinstates** Stocks then chopped ...
Reuters
Mon, Jun 2
RPT-COLUMN-ECB faces surging euro conundrum: Mike Dolan
By Mike Dolan LONDON, June 2 (Reuters) - While the European Central Bank keeps cutting interest rates, the euro keeps rising, as a transatlantic capital reversal upends relative rate shifts and threatens to force the ECB into further easing. The ECB is widely expected to lower its main borrowing ...
Reuters
Mon, Jun 2
How Much Money Can You Expect From Social Security?
Social Security benefits are likely going to be an important source of funds for you when you are no longer getting a paycheck. Most retirees rely on them to provide at least some of their income in their later years. Because of that, it's important to understand how much money you are likely to get...
The Motley Fool
Mon, Jun 2
Gold miners gain amid renewed trade and geopolitical tensions
** U.S.-listed shares of gold miners rise premarket, tracking jump in bullion prices GOL/** Spot gold XAU= up 1.8% at $3,346.74/ounce, after hitting its highest level since May 23, earlier in the session ** Gold prices rise as renewed U.S. tariff threats from President Donald Trump and escalating te...
Reuters
Mon, Jun 2
Kura Oncology gains as FDA accepts marketing application for blood cancer drug
** Kura Oncology KURA.O shares jump 14% to $6.49 in pre-market trading** KURA and Japan-based Kyowa Kirin 4151.T say the US FDA accepted marketing application for ziftomenib ** The drug, if approved, could be used to treat patients with acute myeloid leukemia, a type of blood cancer ** The disease a...
Reuters
Mon, Jun 2
Energy companies rise as OPEC+ keeps output increase unchanged
** U.S.-listed shares of oil firms gain premarket, tracking rise is oil prices O/R** Brent crude futures LCOc1 up 3.2% at $64.77/barrel; while U.S. West Texas Intermediate crude CLc1 rise 3.4% to $62.85/barrel** Crude prices rise after producer group OPEC+ decided to increase output in July by the s...
Reuters
Mon, Jun 2
Should You Buy AGNC Investment While It's Below $10?
The big draw with AGNC Investment (NASDAQ: AGNC) is its almost-too-good-to-believe 15% dividend yield. Don't get overly excited, however. The real estate investment trust (REIT) is pretty clear that it is a total return investment and not an income investment. That means you need to be extra carefu...
The Motley Fool
Mon, Jun 2
Life360 falls on planned $250 million convertible bond offering
** Family safety app Life360's LIF.O shares fall 2.9% to $61.70 premarket** LIF announces intention to offer $250 million worth of convertible bonds due 2030 in a private offering** Bonds will accrue interest payable semi-annually in arrears** LIF plans to use the proceeds for capped call transa...
Reuters
Mon, Jun 2
Is Beaten-Down Summit Therapeutics Stock a Bad-News Buy?
Shares of Summit Therapeutics (NASDAQ: SMMT) tanked more than 30% on Friday, May 30. Such dramatic price swings aren't unusual in the biotechnology industry; in this case, disappointing data from an important clinical trial drove the stock down.Stock markets have a tendency to sell first and ask que...
The Motley Fool
Mon, Jun 2
3 Top Artificial Intelligence Stocks to Buy Right Now
The artificial intelligence (AI) investing trend has been going on since the start of 2023, but investors don't need to fear missing out. Many fantastic companies look like solid buys right now, and even though these companies have risen substantially, there is still plenty of room for more growth.T...
The Motley Fool
Mon, Jun 2
Blueprint Medicines gains on Sanofi's $9 bln buyout offer
** Blueprint Medicines BPMC.O jumps 27.03% to $128.74 premarket** French drugmaker Sanofi SASY.PA to buy Blueprint for more than $9 billion** Sanofi paying $129/share in cash for Blueprint, a 27% premium to last close** Deal's equity value ~$9.1 billion, with potential to increase to $9.5 billio...
Reuters
Mon, Jun 2
Moderna rises after US FDA nod for next-gen COVID-19 vaccine
** Moderna MRNA.O rises 5% to $27.86 premarket** Vaccine maker said U.S. FDA approved its next-gen COVID-19 vaccine, mNEXSPIKE, for everyone aged 65 and older** Added mNEXSPIKE also approved for people aged 12-64 with at least one or more underlying risk factors defined by the Centers for Disease Co...
Reuters
Mon, Jun 2
Is AI Duolingo's Biggest Risk or Biggest Catalyst?
Gamified mobile learning company Duolingo (NASDAQ: DUOL) has been a market-crushing investment. The stock closed its first day of trading in 2021 at $139 per share. As of this writing, just four years later, it's trading at over $520 per share, up 276% and trading near an all-time high. For perspect...
The Motley Fool
Mon, Jun 2
US steel companies capitalise on Trump's fresh tariff threat
** U.S. steel companies gain in premarket trade** On Friday, Trump said he would raise tariffs on steel and aluminium imports to 50% from 25%, effective Wednesday, sparking widespread criticism from trade partners** Cleveland Cliffs CLF.N jumps more than 26%; Nucor NUE.N gains 8.9%; Steel Dynamics S...
Reuters
Mon, Jun 2
Palantir vs. Alphabet Stock: Wall Street Says Buy One and Sell the Other
Artificial intelligence (AI) has been the driving force behind the stock market's gains since the bottom of the recent bear market in October 2022. Breakthroughs in generative AI's capabilities created a lot of excitement about the potential of new uses for AI within businesses.Palantir Technologies...
The Motley Fool
Mon, Jun 2
Wondering If UPS' 6.7%-Yielding Dividend Is Sustainable? Here's What You Need to Know.
I've read several articles recently suggesting that United Parcel Service (NYSE: UPS) should cut its dividend. The reasoning is that the world's largest package delivery company could create more value for shareholders if it did. While the idea of a dividend cut might be appealing to some, I suspect...
The Motley Fool
Mon, Jun 2
HK-listed Chinese shares near one-month low, offshore yuan weakens on tariff concerns
HONG KONG, June 2(Reuters) - Chinese stocks listed in Hong Kong slipped to near a one-month low on Monday and the offshore yuan weakened as renewed China-U.S. tariff tensions weighed on sentiment.Tensions between the world's two biggest economies flared again after U.S. President Donald Trump on...
Reuters
Mon, Jun 2
3 Tech Stocks You Can Buy and Hold for the Next Decade
The tech sector has rewarded many of its most patient investors over the past few decades. Winners like Apple, Microsoft, and Amazon generated multibagger returns for investors who consistently tuned out the near-term noise, rode out the volatile market swings, and focused on their long-term goals.S...
The Motley Fool
Mon, Jun 2
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