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RPT-GLOBAL MARKETS-Stocks drop, dollar gains as bullish US economy prompts rates re-think
Repeats fixing wording in paragraph 20U.S. stocks fall in early tradingDollar hits highest since late 2022Traders cut expectations for more Fed easing in 2025By Amanda Cooper LONDON, Jan 13 (Reuters) - Global stocks tumbled on Monday, while the dollar traded at its highest in over two years, afte...
Reuters
Mon, Jan 13
Massive News for Tesla Stock Investors
In this week's video, I cover need-to-know news about Tesla (NASDAQ: TSLA) from the week of Jan. 6. Watch the short video to learn more, consider subscribing, and click the special offer link below.You can find last week's summary here.Where to invest $1,000 right now? Our analyst team just revealed...
The Motley Fool
Mon, Jan 13
BUZZ-Kinder Morgan rises after buying natgas gathering system for $640 mln
** Pipeline operator Kinder Morgan's KMI.N shares rise 1.2% to $28.51** 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 feet per day (mmcf/d) processing facility ...
Reuters
Mon, Jan 13
This Stock Is Already Up 287% This Year. It Might Not Be Too Late to Buy
In this video, I will cover recent updates about FuboTV (NYSE: FUBO). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Jan. 10, 2025. The video was published on Jan. 11, 2025.Where to invest $1,000 right...
The Motley Fool
Mon, Jan 13
BUZZ-Essex Property up after BMO upgrades residential REIT's rating to 'outperform'
Updates** Shares of Essex Property Trust ESS.N rises ~2% to $277 in early trade** BMO Capital Markets upgrades rating on the residential real estate investment trust to "outperform" from "market perform"** Brokerage says Los Angeles wildfires destroying 23,000 homes and displacing over 200,000 peopl...
Reuters
Mon, Jan 13
UPDATE 3-Moderna cuts 2025 sales forecast by $1 bln on weak vaccine demand, shares tumble
Shares plunge more than 24% in early trading2025 revenue forecast misses expectations, prior viewCEO Bancel says to reduce 2025 cash costs by $1 bln Adds analyst comment in paragraph 3 and graphic, updates share movement to market open in paragraph 1By Sriparna RoyJan 13 (Reuters) - Moderna MRNA.O ...
Reuters
Mon, Jan 13
CANADA STOCKS-TSX falls to two-week low on diminished chances of Fed rate cuts
Jan 13 (Reuters) - Canada's main stock index opened lower on Monday, led by losses in technology stocks, as last week's robust U.S. jobs data dashed expectations of the U.S. Federal Reserve cutting interest rates this year.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite in...
Reuters
Mon, Jan 13
BUZZ-Semiconductor, cloud service provider stocks fall as US expands AI tech export curbs
Updates** Shares of chip companies Nvidia NVDA.O, Advanced Micro Devices AMD.O, Intel INTC.O and Marvell Technology MRVL.O down between 0.9% and 4.1%** U.S. government says it would issue a new regulation designed to control access to U.S.-designed artificial intelligence chips and technology by oth...
Reuters
Mon, Jan 13
US STOCKS SNAPSHOT-Wall St opens lower as investors dial back bets on Fed rate cuts this year
Jan 13 (Reuters) - Wall Street's main indexes opened lower on Monday, as yields surged after robust payroll numbers last week bolstered expectations that the Federal Reserve will maintain a hawkish stance for most of 2025.The Dow Jones Industrial Average .DJI fell 13.8 points, or 0.03%, at the open ...
Reuters
Mon, Jan 13
BUZZ-BofA sees 2025 as "now or never" moment for European banks to narrow gap vs US
** This year is "now or never" for European banks to engage in M&A, with possible ROI estimated at 15-18%, as they need to narrow the gap vs U.S. peers, BofA Global Research says** It sees European banks' valuation discount at 10-year highs vs U.S. peers, and they trade at 7x P/E ratio expected in 2...
Reuters
Mon, Jan 13
Comtech Telecommunications Corp reports results for the quarter ended October 31 - Earnings Summary
Comtech Telecommunications Corp CMTL.OQ reported a quarterly adjusted loss of $1.27 per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of four analysts for the quarter was for a loss of 16 cents per sh...
Reuters
Mon, Jan 13
Tesla Stock Had a Huge 2024 but EV Start-Ups Rivian and Lucid Stocks Plunged. What That Could Mean for 2025
Risk-averse investors probably wouldn't have enjoyed holding Tesla (NASDAQ: TSLA) stock last year. Halfway through the year, Tesla shares were down by over 20% even as the S&P 500 index had marched 15% higher. But 2024 was a tale of two halves for Tesla stock, and it ended the year with a monster 62...
The Motley Fool
Mon, Jan 13
Why W.P. Carey Stock Slumped About 16% in 2024
Shares of W.P. Carey (NYSE: WPC) declined 15.9% in 2024, according to data from S&P Global Market Intelligence. That significantly underperformed the S&P 500, which gained 23.3% on the year. Here's a look at what weighed on the diversified REIT last year and whether it can bounce back in 2025.Where ...
The Motley Fool
Mon, Jan 13
BUZZ-Wells Fargo upgrades American Well Corp to 'overweight'
** Brokerage Wells Fargo upgrades telemedicine firm American Well Corp AMWL.N to "overweight" from "equal weight"; maintains PT of $15** Brokerage expects co's Converge platform to have been fully deployed with U.S. Defense Health Agency (DHA) by the end of Q4, implying it will generate revenue of a...
Reuters
Mon, Jan 13
Nvidia CEO Jensen Huang: "AI Agents Likely to Be a Multitrillion-Dollar Opportunity"
Last Monday night, Nvidia (NASDAQ: NVDA) CEO Jensen Huang gave the opening keynote speech to kick off CES 2025, which ran until Friday in Las Vegas.Nvidia is the leader in providing chips -- primarily graphics processing units (GPUs) -- and related technology to enable artificial intelligence (AI) c...
The Motley Fool
Mon, Jan 13
BUZZ-Urban Outfitters rises after reporting higher holiday sales
** Apparel retailer Urban Outfitters' URBN.O shares rise ~3% to $58.70 premarket** Co posts an increase of 10% in net sales for the two months ended Dec. 31, 2024 vs the same period a year ago** Says that in the two months, retail segment net sales rose 7%** Co's rental service Nuuly's net sales inc...
Reuters
Mon, Jan 13
BUZZ-Raymond James downgrades Paycor to 'market perform'
** Raymond James downgrades payroll processing firm Paycor HCM's PYCR.O shares to "market perform" from "outperform"** Last week, Paychex said it will acquire Paycor for about $4.1 bln in cash, as the HR management firm looks to broaden its artificial intelligence capabilities and consolidate its ma...
Reuters
Mon, Jan 13
BUZZ-U.S. STOCKS ON THE MOVE-Dexcom, American Eagle Outfitters, Essex Property
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Monday as yields surged after robust payroll numbers last week bolstered expectations that the Federal R...
Reuters
Mon, Jan 13
"Rule Breaker Investing" Great Quotes, Vol. 20: Build Yourself a Great Story
If you're ready to think deeper, act bolder, and craft a richer story for yourself, this Rule Breaker Investing episode offers both inspiration and challenge.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our beginner'...
The Motley Fool
Mon, Jan 13
LIVE MARKETS-S&P 500 index: Chart damage intensifies, traders eye support
U.S. equity index futures red; Nasdaq 100 down ~1%Euro STOXX 600 index off ~0.7%Dollar up; crude gains ~1.5%; gold falls; bitcoin down ~4%U.S. 10-Year Treasury yield flat at ~4.77%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts w...
Reuters
Mon, Jan 13
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