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US STOCKS-Wall Street closes flat as investors assess inflation risks
US private payrolls growth slows in December - ADPFed meeting minutes show rising price pressure riskQuantum-computing stocks drop as Nvidia CEO sees long road aheadUpdates to market closeBy Johann M Cherian, Sukriti Gupta and Carolina Mandl Jan 8 (Reuters) - U.S. stocks ended Wednesday little ch...Reuters
Wed, Jan 8
BUZZ-Edison International shares tumble 14% as California wildfires rage
Updates stock activity, adds Sempra announcement and stock move** Shares of utility firm Edison International EIX.N tumble as much as 13.8% to $66.70, set for fourth straight day of losses on Weds, as wildfires rage out of control near Los Angeles** EIX shares hit lowest levels since Apr and on trac...Reuters
Wed, Jan 8
UPDATE 2-J&J pauses US rollout of Varipulse heart device after stroke reports
Adds background on safety events in paragraphs 2 and 3, analyst comment in paragraph 5Jan 8 (Reuters) - Johnson & Johnson JNJ.N said on Wednesday it had temporarily paused the rollout of its Varipulse heart device in the United States, as the company investigates four reported stroke events. The ...Reuters
Wed, Jan 8
Why Sezzle Stock Crashed 40% in December
Shares of Sezzle (NASDAQ: SEZL) crashed 39.7% in December, according to data provided by S&P Global Market Intelligence. The decline had already begun in November when the company did a stock offering. But it picked up major steam after a blistering short report came out against this business on Dec...The Motley Fool
Wed, Jan 8
EMERGING MARKETS-Latam markets slip as Fed outlook, tariff worries lift dollar and US bond yields
Dollar rises after report Trump considering emergency announcement for tariffs Brazil industrial production falls in November Argentina privatizes IMPSAMSCI Latam FX down 0.6%, stocks off 1.6%Updates through mid-afternoon tradeBy Lisa Pauline Mattackal and Purvi Agarwal Jan 8 (Reuters) - Indexes ...Reuters
Wed, Jan 8
Why Serve Robotics Stock Skyrocketed 55% in December
Shares of Serve Robotics (NASDAQ: SERV) skyrocketed 55.2% in December, according to data provided by S&P Global Market Intelligence. As 2024 drew to a close, investors seemed to be increasingly hungry for investments on the more speculative side of the spectrum, and Serve certainly fits that descrip...The Motley Fool
Wed, Jan 8
GLOBAL MARKETS-Stocks down as Treasury yields gain; traders weigh tariffs, Fed rate cuts
S&P 500 flat, Nasdaq edge lower in choppy tradingUS jobs reports show mixed picture ahead of Friday's payrolls Benchmark 10-year yields riseOil prices shed 1%New throughout, updates prices, market activity and comments; adds oil and gold settlementBy Chibuike Oguh and Alun John NEW YORK/LONDO...Reuters
Wed, Jan 8
Why Rivian, Wolfspeed, and Navitas Semiconductor Plunged Today
Shares of electric vehicle company Rivian (NASDAQ: RIVN) and EV-related power chipmakers Wolfspeed (NYSE: WOLF) and Navitas Semiconductor (NASDAQ: NVTS) were down on Wednesday, falling 5.7%, 15.2%, and 13%, respectively, as of 12:25 p.m. ET.Rivian is an upstart electric vehicle challenger, while Wol...The Motley Fool
Wed, Jan 8
Why BigBear.ai Stock Is Plummeting Today
BigBear.ai (NYSE: BBAI) stock is seeing big sell-offs in Wednesday's trading. The software company's share price was down 18% as of 12:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 0.3%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 0.5%.BigBear.ai stock is getting hit hard ...The Motley Fool
Wed, Jan 8
Why Plug Power Stock Is Plummeting Today
Plug Power (NASDAQ: PLUG) stock is seeing big sell-offs in Wednesday's trading. The hydrogen power specialist's share price was down 12.4% as of 1 p.m. ET amid a 0.4% decline for the S&P 500 index and a 0.7% pullback for the Nasdaq Composite index. The company's share price had been down as much as ...The Motley Fool
Wed, Jan 8
Why IonQ Stock Is Crashing Today
IonQ (NYSE: IONQ) stock is getting crushed in Wednesday's trading. The quantum-computing specialist's share price was down by 38.3% as of 2:38 p.m. ET and had been down by as much as 47.8% earlier in the session.That plunge followed public comments made by Nvidia CEO Jensen Huang about the outlook i...The Motley Fool
Wed, Jan 8
Why Palo Alto Networks Stock Dropped on Wednesday
Palo Alto Networks (NASDAQ: PANW) investors just cannot catch a break. Over the past three days, this cybersecurity stock has been downgraded by three separate investment bank analysts, beginning with Guggenheim cutting the stock to sell on Monday, followed up by Deutsche Bank cutting the stock to h...The Motley Fool
Wed, Jan 8
Why Rocket Lab, Planet Labs, and AST SpaceMobile Stocks Keep Falling
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both roughly quadrupled, and Planet Labs (NYSE: PL) nearly doubled. As the calendar flips to 2025, however, the momentum seems to be fading -- and not ev...The Motley Fool
Wed, Jan 8
BUZZ-J&J falls on pausing rollout of heart device in US to investigate stroke risk
** Shares of Johnson & Johnson JNJ.N fall as much as 3.3% to an over 3-year low of $141.44** Stock set for its worst day in nearly 2 years if losses hold** Drug and medical device maker said it has temporarily paused the rollout of its Varipulse heart device in the U.S., citing an abundance of cauti...Reuters
Wed, Jan 8
US STOCKS-Wall Street falls as investors mull over inflation risks
US private payrolls growth slows in December - ADPDecember Fed meeting minutes due at 2:00 p.m. ETQuantum-computing stocks drop as Nvidia CEO sees long road aheadIndexes down: Dow 0.21%, S&P 500 0.22%, Nasdaq 0.34%Updates to mid-afternoon tradingBy Johann M Cherian, Sukriti Gupta and Carolina Mandl ...Reuters
Wed, Jan 8
BUZZ-Constellation Energy down on report company is nearing $30 bln deal for Calpine
Updates** Shares of utility Constellation Energy CEG.O pare session's losses; last down 4.2% at $244.93** Reuters reports the utility is nearing a deal to acquire independent power producer Calpine Corp, citing people familiar with the matter** Deal could value Calpine at about $30 billion including...Reuters
Wed, Jan 8
Why AMD Stock Is Sinking Today
AMD (NASDAQ: AMD) stock is losing ground in Wednesday's trading. The semiconductor company's share price was down 3.6% as of 11:45 a.m. ET and had been down as much as 5.2% earlier in the session.AMD stock is falling today on the heels of bearish coverage from HSBC. The firm issued a rare double dow...The Motley Fool
Wed, Jan 8
BUZZ-Semiconductor index slips from two-month highs, set for consecutive session decline
** Philadelphia Semiconductor Index falls as much as 2.2%, last down 1.3%, and is set for second straight session of losses as higher yields weigh on the tech sector broadly .N ** Index closed at its highest since Nov. 7 on Monday, on hopes for AI-led demand after Microsoft's MSFT.O plan to invest $...Reuters
Wed, Jan 8
LIVE MARKETS-BofA clients have been net buyers for 9-straight weeks
Main U.S. indexes now ~flat; FOMC Minutes 2 p.m. ETCons Disc leas S&P 500 sector gainers; Utilities weakest groupDollar, gold higher; crude off >1%; bitcoin down >2%U.S. 10-Year Treasury yield steady at ~4.69%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Wed, Jan 8
BUZZ-Hershey down on report company to take huge cocoa position in New York
** Chocolate maker Hershey's HSY.N shares down 2.5% at $161.40** HSY is asking the U.S. top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange as prices hit record high, according to a Bloomberg News report** Co wants to take a position that will allow i...Reuters
Wed, Jan 8
