News
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BUZZ-Gold miners fall as stronger US dollar hurts bullion prices
Updates** Shares of gold miners down, tracking a fall in prices of bullion GOL/** Spot gold XAU= down 0.9% to $2,666.36/ounce, after dropping as low as 1% earlier in the session** Gold prices dipped as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expe...Reuters
Mon, Jan 13
BUZZ-Amer Sports falls; company forecasts annual revenue at higher end of previous expectations
** Shares of Amer Sports AS.N down as much as 9.3% at $28.03** Company sees full-year 2024 revenue growth to be at the high end of the previous expected range of 16% to 17%, nearly in line with analysts' estimates of 17% growth, according to data compiled by LSEG** "While Amer Sports exceeded expect...Reuters
Mon, Jan 13
BUZZ-Dell shares start the week with a tumble
** Shares in Dell Technologies DELL.N were down 4.7% on Monday as investors digested news from the Consumer Electronics Show last week; Dell among the biggest decliners in the S&P 500 technology index .SPLRCT, down 1.9% on the day ** Dell on track for 4th straight day of declines, biggest one-d...Reuters
Mon, Jan 13
REFILE-BUZZ-U.S. Steel rises after report says Cleveland-Cliffs and Nucor may bid for co
Corrects typo in headline to say U.S. Steel** Shares of United States Steel X.N rises 7.7% to $36.89 in morning trade** Rival Cleveland-Cliffs CLF.N is partnering with peer Nucor NUE.N to prepare a potential bid for co, CNBC reports** President Joe Biden blocked the $14.9 billion acquisition of the ...Reuters
Mon, Jan 13
This Fast-Growing Restaurant Stock Gets a Chipotle-Size Boost
Portillo's (NASDAQ: PTLO) added Chipotle (NYSE: CMG) veteran Jack Hartung to its board of directors last week, and the stock got a nice bounce. In this video, Travis Hoium explains why Hartung could help Portillo's optimize operations and expansion as it enters its new growth phase.*Stock prices use...The Motley Fool
Mon, Jan 13
Why Madrigal Pharmaceuticals Stock Is Sinking Today
Shares of Madrigal Pharmaceuticals (NASDAQ: MDGL) were sinking 13.3% lower as of 11:11 a.m. ET on Monday. The sell-off came after the drugmaker announced its preliminary fourth-quarter and full-year 2024 results. Madrigal reported preliminary Q4 net sales for its metabolic steatohepatitis (MASH) dru...The Motley Fool
Mon, Jan 13
BUZZ-Howard Hughes Holdings surges on proposal to merge with unit of Ackman's Pershing Square
Updates** Shares of real estate developer Howard Hughes Holdings HHH.N up 9.1% at $78.29 in morning trading** Billionaire investor Bill Ackman's Pershing Square PSH.AS, which along with its affiliates, has a 37.6% stake in the company, proposes merger between Howard Hughes and a Pershing unit** Ackm...Reuters
Mon, Jan 13
Why Are Nvidia, Intel, AMD, and Micron Crashing Today?
In this video, I will explain why semiconductor stocks like Nvidia, Intel, Micron, and Advanced Micro Devices (NASDAQ: AMD) all crashed on Monday. Does this present a buying opportunity? Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices u...The Motley Fool
Mon, Jan 13
This Unique Stock Is Soaring on Monday After Billionaire Bill Ackman's Takeover Offer
Howard Hughes Holdings (NYSE: HHH) stock is soaring on Monday, with shares up by 11% at 10 a.m. ET on a day when the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) are firmly in the red.Howard Hughes is a developer of master-planned communities, or MPCs. It is the company behind...The Motley Fool
Mon, Jan 13
Cotton recovers from near 2-month low on higher grains, oil
Jan 13 (Reuters) - ICE cotton futures rebounded from near two-month lows on Monday, as upbeat sentiment in the Chicago grains market and crude oil prices seeped into the natural fiber.* Cotton contracts for March CTc1 rose 0.06 cent, or 0.09%, at 67.05 cents per lb at 10:45 a.m. ET (1545 GMT). The c...Reuters
Mon, Jan 13
Why Dutch Bros Stock Had a Sensational 2024 With a 65% Gain
Shares of Dutch Bros (NYSE: BROS) climbed 65.4% in 2024, according to data provided by S&P Global Market Intelligence. The coffee company's year is a story of two quarters. Investors were disappointed after its second-quarter report and Dutch Bros stock was consequently flat for the year as of Octob...The Motley Fool
Mon, Jan 13
LIVE MARKETS-The economy may be able to handle 5% yields, but can stocks?
Dow positive, S&P 500 declines, Nasdaq down >1%Utilities weakest S&P sector; Energy leads gainersEuro STOXX 600 index off ~0.4%Dollar up; crude gains >2%; gold off ~1%; bitcoin down >2%U.S. 10-Year Treasury yield edges up to ~4.79%Welcome to the home for real-time coverage of markets brought to you ...Reuters
Mon, Jan 13
BUZZ-U.S. STOCKS ON THE MOVE-Moderna, 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 dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week...Reuters
Mon, Jan 13
FACTBOX-Brokerages see uncertain 2025 on worries over potential Trump tariffs
Updates with Berenberg's FX estimate; BofA and Barclays inflation estimates; Real GDP growth forecasts from Goldman Sachs, J.P.Morgan, Barclays, BofA and Peel Hunt; adds graphics Jan 13 (Reuters) - Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to m...Reuters
Mon, Jan 13
BUZZ-Comstock falls on renewable fuels unit spin-off, reverse stock split plans
Updates** Shares of clean energy firm Comstock LODE.A down 49.3% at 27 cents** Co says it is evaluating a number of strategic options for 2025, including a spin-off of Comstock Fuels** Says it would result in two public companies, a renewable metals and mining company headquartered in Nevada and a r...Reuters
Mon, Jan 13
BUZZ-Macy's falls as Q4 sales forecast comes in below prior expectation
Updates** Shares of department store chain Macy's M.N down as much as 7% at $14.72; the lowest since Dec. 11 ** If losses hold, the stock set for its worst day since Aug. 21, 2024** Macy expects Q4 net sales to be below the lower end of its prior forecast of $7.8 bln to $8 bln; analysts expec...Reuters
Mon, Jan 13
CANADA STOCKS-Toronto stocks extend fall as Fed rate cuts hopes diminish
Updates with market opening pricesBy Nikhil Sharma Jan 13 (Reuters) - Canada's main stock index slid to a two-week low on Monday, as investors globally avoided risky assets after last week's robust U.S. jobs data dashed expectations of the Federal Reserve cutting interest rates this year.The Toro...Reuters
Mon, Jan 13
BUZZ-Morgan Stanley hikes Tesla PT, ups valuation of rideshare and services businesses
** Morgan Stanley hikes PT for Tesla's TSLA.O shares to $430 from $400, boosted by higher valuation of rideshare business** AI and autonomous vehicle advancements, Waymo's rising rideshare market share and CEO Elon Musk's influence within Trump's administration are boosting investor interest in pred...Reuters
Mon, Jan 13
BUZZ-US airline stocks fall as oil prices rise
** Shares of U.S. airlines lower as oil prices increase for third session on Monday** Brent crude rises above $80 a barrel to its highest in more than four months, driven by wider U.S. sanctions on Russian oil and the expected effects on exports to top buyers India and China** Atlanta-based Delta Ai...Reuters
Mon, Jan 13
