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BUZZ-Bernstein says outlook positive on defense stocks but cuts PTs after post-election slump
** Bernstein trims PT on defense stocks Lockheed Martin LMT.N, Northrop Grumman NOC.N and General Dynamics GD.N on post-election sentiment, but sees lower valuations making them "much more attractive"** Cuts PT on LMT to $548 from $607, GD to $298 from $331 and NOC to $533 from $578** "We are at a p...Reuters
Fri, Jan 10
BUZZ-Tilray Brands falls as Q2 loss widens
** U.S.-listed shares of cannabis firm Tilray Brands TLRY.O down 8.8% at $1.25 premarket** Co posts Q2 net loss of $85.3 mln vs year-ago net loss of $46.2 mln** Reports Q2 cannabis net revenue of $66 mln compared with $67 mln in the prior year** TLRY's Q2 revenue rose 8.8% to $211 mln compared with ...Reuters
Fri, Jan 10
BUZZ-Corona beer maker Constellation Brands falls after cutting annual forecasts
** Beer maker Constellation Brands' STZ.N shares fall ~2% to $215 premarket** Company cuts annual profit and sales forecasts on muted demand for alcoholic beverages** " ... continue to face subdued spend and value seeking behaviors that emerged among legal drinking age consumers in Q2," says CEO Bil...Reuters
Fri, Jan 10
2 MedTech Stocks That Are Screaming Buys in January
At the intersection of healthcare and technology, medtech companies are leveraging innovative solutions to improve patient care and health outcomes. Industry leaders are well-positioned to deliver shareholder value by addressing the growing healthcare demands of an aging global population and the ri...The Motley Fool
Fri, Jan 10
FuboTV Stock Is Up 272% In Just 1 Week -- Here's Why
To say that FuboTV (NYSE: FUBO) is off to a great start in 2025 would be a major understatement. Shares of the sports-focused streaming provider are up by a staggering 272% for the week, heading into Friday.The big news is that Walt Disney's (NYSE: DIS) Hulu Live streaming service and FuboTV are co...The Motley Fool
Fri, Jan 10
BUZZ-Quantum computing firm IonQ rises after full-year forecasts
** Quantum computing company IonQ's IONQ.N shares rise 5.1% to $31.70 premarket** Company's 2024 results will be at high end of bookings and revenue forecasts - CEO Peter Chapman** Quantum computing stocks, including IONQ, fell on Wednesday after Nvidia CEO Jensen Huang said the technology's practic...Reuters
Fri, Jan 10
BUZZ-Edison International extends slide as wildfires menace Los Angeles
Jan 10 - ** Shares of utility co Edison International EIX.N down 2.4% at $67.80 before the bell, threatening to fall for fifth straight session, as catastrophic wildfires in Los Angeles have killed at least 10 people and razed thousands of homes** EIX shares on Weds closed down ~10%, registering the...Reuters
Fri, Jan 10
BUZZ-Royalty Pharma rises on $1.1 bln deal to acquire its external manager
** Shares of Royalty Pharma RPRX.O gain 5.73% to $27.70 premarket** Co says it will pay about $1.1 billion to acquire RP Management, which manages the healthcare firm's operations, to simplify its corporate structure** RPRX buys royalties of future drugs from academic labs and biotechs ** The ac...Reuters
Fri, Jan 10
CORRECTED-LIVE MARKETS-Short sellers up bets on European bank M&A targets; Commerzbank, MPS in focus
Fixes 7th paragraph to show MPS is seen as a takeover target, but UniCredit has shown interest in BPM not MPSSTOXX 600 little changedAutos lead, utilities lagsWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts w...Reuters
Fri, Jan 10
BUZZ-KB Home rises after RBC lifts rating on valuation, investor view
** U.S. homebuilder KB Home's shares KBH.N rise 5.3% to $68.77 premarket** RBC Capital Markets upgrades KBH to "sector perform" from "underperform"** Says the upgrade is valuation-based following recent declines and resets to investor expectations for homebuilders in FY 2025 amid affordability chal...Reuters
Fri, Jan 10
Online furniture retailer Wayfair to lay off 730 workers on its exit from Germany
Jan 10 (Reuters) - Online furniture retailer Wayfair W.N said on Friday it would lay off 730 employees as it exits the German market to focus on investments in core businesses.Shares of the U.S.-based company were up about 4% in premarket trading.The company has been grappling with slower traffic an...Reuters
Fri, Jan 10
BUZZ-Wayfair up on German market exit; 730 job cuts
** Shares of online furniture retailer Wayfair W.N up ~5% at $47.53 premarket** Co to exit the German market immediately, cutting about 730 jobs** Expects restructuring charges of about $102 mln to $111 mln, to be incurred across Q4 2024 and Q1 2025** Cost savings from restructuring to be reinvested...Reuters
Fri, Jan 10
4 Reasons to Buy Nu Holdings Stock Like There's No Tomorrow
If you're an astute investor, then you've probably already got the foundational pillars of your portfolio in place. These are the solid, all-weather names that may not be producing massive gains, but nonetheless drive reliable forward progress.Assuming that's the case, now's your chance to look beyo...The Motley Fool
Fri, Jan 10
BUZZ-Roku falls after MoffettNathanson cuts PT, downgrades to 'sell'
** Shares of streaming platform Roku ROKU.O fall 3.3% to $80.30 premarket** MoffettNathanson cuts PT by $20 to $55 and downgrades rating on stock to "sell" from "neutral" as brokerage says it believes the market is too optimistic about the co on several fronts** Brokerage says the incoming administr...Reuters
Fri, Jan 10
BUZZ-Home Depot, Lowe's rise; LA wildfires to lead to rebuilding activity
** Shares of home improvement companies Home Depot HD.N and Lowe's LOW.N up about 2% premarket** Wildfires in Los Angeles have killed at least 10 people and destroyed nearly 10,000 structures, with five fires burning into a third night on Thursday** While obviously very preliminary, we estimate Home...Reuters
Fri, Jan 10
Is Tesla Stock a Buy Now?
Tesla (NASDAQ: TSLA) shares are retreating after a post-election surge. As of this writing, they trade 19% off their all-time high from mid-December. And so far in 2025, they're down about 5%.The world's top electric vehicle (EV) stock has still worked out incredibly well for shareholders; it soared...The Motley Fool
Fri, Jan 10
1 Magnificent High Dividend Stock Down More Than 20% to Buy and Hold Forever
Prologis (NYSE: PLD) is not only the largest owner of industrial real estate in the United States, but also the largest real estate investment trust, or REIT, of any kind. While the business itself is performing quite well, there are some fears regarding the state of industrial real estate as well a...The Motley Fool
Fri, Jan 10
LIVE MARKETS-US payrolls: the first meaningful acid test of 2025
STOXX 600 down 0.2%Autos lead, utilities lagWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.U.S. PAYROLLS: THE FIRST MEANINGFUL ACID TEST OF 2025The U.S. economy...Reuters
Fri, Jan 10
BUZZ-Akoya Biosciences gains on merger deal with Quanterix
** Shares of life sciences tech co Akoya Biosciences AKYA.O rise 52.63% to $4.06 premarket** Quanterix Corp QTRX.O to acquire AKYA in an all-stock transaction** QTRX shares up 11.59% at $13.09 before the bell** Akoya shareholders will receive 0.318 shares of Quanterix common stock for each share of ...Reuters
Fri, Jan 10
