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US STOCKS-S&P 500, Nasdaq decline as US yields remain elevated
Moderna slides after cutting 2025 sales forecastChip stocks fall as US tightens grip on AI chip flowsHealth insurers rise after US proposes 2026 payment ratesIndexes: Dow up 0.71%, S&P 500 slips 0.08%, Nasdaq off 0.7%Updates to afternoon U.S. tradingBy Chuck Mikolajczak NEW YORK, Jan 13 (Reuters)...
Reuters
Mon, Jan 13
BRIEF-Marwynn Holdings Inc Files For IPO
Jan 13 (Reuters) - Marwynn Holdings Inc: MARWYNN HOLDINGS INC - FILES FOR IPOMARWYNN HOLDINGS INC - IPO PRICE RANGE EXPECTED BETWEEN $4.00 AND $5.00 PER SHAREMARWYNN HOLDINGS INC - APPLIES TO LIST ON NASDAQ UNDER SYMBOL 'MWYN'MARWYNN HOLDINGS INC - TO OFFER 2 MILLION SHARES IN IPOMARWYNN HOLDINGS, I...
Reuters
Mon, Jan 13
Why FuboTV Stock Was Falling Today
Shares of FuboTV (NYSE: FUBO) were pulling back today after a surge last week that came on an agreement to merge with Disney's (NYSE: DIS) Hulu Live TV.There wasn't any company-specific news out on Fubo today, but after digesting the news, investors may think that the Fubo stock rally was overdone...
The Motley Fool
Mon, Jan 13
Why Super Micro Computer Stock Is Sinking Today
Super Micro Computer (NASDAQ: SMCI) stock is falling in Monday's trading. The server specialist's share price was down 5.3% as of 12:45 p.m. ET and had been down as much as 11% earlier in the daily session. Meanwhile, the S&P 500 index was down 0.2%, and the Nasdaq Composite index was down 0.8%.Supe...
The Motley Fool
Mon, Jan 13
Artificial Intelligence (AI) Stocks Today: Why Nvidia, Micron, and TSMC Are Sinking
Several artificial intelligence (AI) chip stocks are seeing broad sell-offs in Monday's trading. Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Micron (NASDAQ: MU) are among the big names participating in the pullback and were down 2.4%, 3.4%, and 4.8%, respectively, as o...
The Motley Fool
Mon, Jan 13
BUZZ-Shake Shack shares sink after issuing preliminary results, guidance
** Shares in Shake Shack SHAK.N down 5.4% on Monday after the restaurant chain announced preliminary results for Q4 ended Dec. 25 and 2025 financial outlook and long-term targets** SHAK, which unveiled the numbers ahead of a presentation on Monday at the 27th Annual ICR Conference today in Orlando, ...
Reuters
Mon, Jan 13
Why U.S. Steel Stock Soared Today
U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a nearly 40% premium to U.S. Steel's share price at the time.But politicians on both sides of the aisle have j...
The Motley Fool
Mon, Jan 13
BUZZ-Health insurers rise after US proposes 2026 payment rates
Updated prices to regular trading session** Health insurance companies were rallying on Monday after the U.S. government on Friday proposed 2026 reimbursement rates for Medicare Advantage plans run by private insurers that will result in a 2.2% increase in payments, vs 0.2% decline last year** Share...
Reuters
Mon, Jan 13
BUZZ-BMO downgrades 4D Molecular Therapeutics to 'market perform' on durability concerns
** Shares of drug developer 4D Molecular Therapeutics FDMT.O fall 13.2% to $4.79** Brokerage BMO Capital downgrades rating to "market perform" from "outperform;" cuts PT to $15 from $40** New PT represents a 171.4% upside to the stock's last close** FDMT is testing its gene therapy, 4D-150, for the ...
Reuters
Mon, Jan 13
Why Shares of Quantum Computing Stocks D-Wave Quantum, Quantum Computing, and Rigetti Computing Were Plunging Again Today
Shares of quantum computing stocks like D-Wave Quantum (NYSE: QBTS), Quantum Computing (NASDAQ: QUBT), and Rigetti Computing (NASDAQ: RGTI) were tumbling again on Monday for the second time in just three sessions after Meta Platforms CEO Mark Zuckerberg added his name to the growing chorus of skepti...
The Motley Fool
Mon, Jan 13
UPDATE 5-J&J doubles down on neurological drugs with $14.6 bln Intra-Cellular deal
J&J's $132 per-share offer implies 39% premiumDeal could kick off spree of activity in sector in 2025CEO says such large deals not common Adds CEO comments in paragraph 3 and penultimate paragraph, moves up context, changes bullet points, updates sharesBy Bhanvi Satija and Puyaan Singh Jan 13 (Re...
Reuters
Mon, Jan 13
BUZZ-U.S. STOCKS ON THE MOVE-Dexcom, Urban Outfitters, Kinder Morgan
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks declined on Monday, with the S&P 500 hitting a two-month low as bond yields surged following strong payroll data last week, r...
Reuters
Mon, Jan 13
Here's Why CrowdStrike Stock Had a 34% Gain Last Year
Shares of CrowdStrike (NASDAQ: CRWD) jumped 34% in 2024, according to data provided by S&P Global Market Intelligence. In July, CrowdStrike stock was trading up more than 50% for the year but then it had a major incident involving a faulty software upgrade. That incident dropped the stock into negat...
The Motley Fool
Mon, Jan 13
BUZZ-Pinterest falls as Jefferies downgrades to 'hold'
Updates** Shares of image-sharing platform Pinterest PINS.N fall 2.5% to $29.90** Jefferies downgrades rating on stock to "hold" from "buy" and cuts PT to $32 from $40, which still represents an upside of ~4% to stock's last close of $30.66** Brokerage says it believes new products like Performance+...
Reuters
Mon, Jan 13
BUZZ-Edison International slumps as wildfires wreak havoc; utility reportedly hit with lawsuit
Updates, adds report of lawsuit** Shares of utility Edison International EIX.N down 12.2% at $57.07, after hitting lowest since Oct 2022, on Mon as firefighters race to contain Los Angeles wildfires before expected return of high winds ** EIX shares have now shed roughly $9 bln of market value to...
Reuters
Mon, Jan 13
Why WD-40 Stock Dropped 6% After Earnings
WD-40 (NASDAQ: WDFC) stock fell 6.3% through 11:30 a.m. ET Monday despite the company beating forecasts in its fiscal Q1 2025 earnings report, released after close of trading last Friday.Analysts had expected WD-40 to earn only $1.26 per share in Q1, but the company actually earned $1.39 per share, ...
The Motley Fool
Mon, Jan 13
LIVE MARKETS-BCA’s geopolitical Black Swans for 2025
Dow gains; Nasdaq, S&P 500 still negative, but well off lowsUtilities weakest S&P sector; Energy leads gainersDollar up; crude gains >3%; gold off ~1%; bitcoin down >2%U.S. 10-Year Treasury yield edges up to ~4.78%Welcome to the home for real-time coverage of markets brought to you by Reuters report...
Reuters
Mon, Jan 13
BUZZ-Edison International slumps further as wildfires wreak havoc
Updates stock activity, market value** Shares of utility Edison International EIX.N down 13% at $56.54, lowest since Oct 2022, on Mon as firefighters race to contain Los Angeles wildfires before expected return of high winds ** EIX shares have now shed roughly $9 bln of market value to about $22 ...
Reuters
Mon, Jan 13
BUZZ-Kinder Morgan rises after buying natgas gathering system for $640 mln
Updates** Shares of pipeline operator Kinder Morgan KMI.N rise 1.1% to $28.47 in a high-oil-price environment** Company's unit Hiland Partners to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 mln** Acquisition includes a 270 mln cubic fe...
Reuters
Mon, Jan 13
BUZZ-Street View: Constellation Brands' concern-packed future
** Beer maker Constellation Brands STZ.N cut annual sales, profit forecasts after missing Q3 estimates, sending shares down 17% on Friday** At least seven brokerages cut PT on stock, including two downgrades; the median PT of 26 analysts is $260, according to data compiled by LSEGDRY OUTLOOK AND LIM...
Reuters
Mon, Jan 13
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