News
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BUZZ-Crypto stocks rise as bitcoin pops above $100,000; MicroStrategy continues to load up
** Cryptocurrency and blockchain-related stocks rise as bitcoin reclaims the $100,000 level for the first time since Dec 19** Bitcoin BTC=, world's biggest cryptocurrency, recently up 3.8% at $101,933, while Ether ETH= up 1.3% to $3,694** Shares of BTC hoarder, MicroStrategy MSTR.O, up >5% on the se...Reuters
Mon, Jan 6
BUZZ-Small-cap robotics firms jump ahead of CES 2025
** Shares of small-cap robotic system makers surge in strong trading volume** Serve Robotics SERV.O jumps 9.6% as automatic sidewalk delivery firm says it raised $86 mln in Dec.** U.S.-listed shares of Israel-based Arbe Robotics ARBE.O jump 57% as co collaborates with Nvidia to enhance space mapping...Reuters
Mon, Jan 6
BUZZ-E.W. Scripps up after renewing affiliation deal with NBC
** Shares of media company E.W. Scripps SSP.O rise 4.8% to $2.62** Company says it has expanded an affiliation deal with NBC CMCSA.O that covers 11 television stations across the United States** Deal extends a decades-long partnership with NBC that provides viewers with local news, weather alerts an...Reuters
Mon, Jan 6
BUZZ-Bank stocks jump after Fed's Barr announces early resignation from regulatory job
** U.S. bank stocks jump with the S&P 500 Banks Index .SPXBK, which tracks large-cap U.S. lenders, last up ~1.85%; KBW Regional Banking Index .KRX also trading ~2% higher ** Michael Barr, the Fed's top regulatory official, says he plans to step down from his post on Feb. 28, avoiding a potentially m...Reuters
Mon, Jan 6
UPDATE 1-FTSE 100 closes higher as Trump tariff report lifts European markets
Rolls-Royce, Unilever fall after rating downgradesDec. UK Composite PMI at 50.4 vs 50.5 in NovemberFTSE 100 up 0.3%, FTSE 250 adds 0.1%Updates with market close Jan 6 (Reuters) - The UK's FTSE 100 inched up on Monday, joining a broad rally in European stocks after a report hinted at measured tari...Reuters
Mon, Jan 6
MOVES-Amia Capital hires ex-PIMCO executive to bolster emerging markets team, says source
By Nell Mackenzie LONDON, Jan 6 (Reuters) - Hedge fund, Amia Capital, has hired ex-PIMCO senior portfolio manager Nikolas Skouloudis to focus on emerging markets credit in London, a source with knowledge of the matter told Reuters on Monday. The appointment is aimed at strengthening the $1.2 bil...Reuters
Mon, Jan 6
BRIEF-Smithfield Foods Inc Files For IPO
Jan 6 (Reuters) - SMITHFIELD FOODS INC: SMITHFIELD FOODS INC FILES FOR IPO – SEC FILINGSMITHFIELD FOODS INC - APPLIES TO LIST ON NASDAQ GLOBAL SELECT MARKET UNDER 'SFD'SMITHFIELD FOODS INC SAYS CITIGROUP, UBS INVESTMENT BANK, BNP PARIBAS, HSBC ARE AMONG UNDERWRITERS TO IPOSMITHFIELD FOODS SAYS MORG...Reuters
Mon, Jan 6
BUZZ-RBC upgrades Republic Services to 'outperform' on favorable 2025, M&A prospects
** RBC Capital Markets upgrades garbage management firm Republic Services RSG.N to "outperform" from "sector perform" and raises PT to $237 from $219** Brokerage sees a favorable 2025 for co given its high-single-digit EPS growth outlook, along with potential for upside from future mergers and acqui...Reuters
Mon, Jan 6
UPDATE 1-American Airlines back in 'Big 3' carriers, brokerages predict strong 2025
Updates share movement in paragraph 2By Shivansh Tiwary Jan 6 (Reuters) - American Airlines' AAL.O stock is poised for a strong 2025 as the carrier emerges from a challenging year, according to brokerages Jefferies and TD Cowen, who upgraded the stock to a "buy" rating on Monday.Shares of the car...Reuters
Mon, Jan 6
BUZZ-Forward Air rises after exploring alternatives, including sale
** Shares of Forward Air Corp FWRD.O up 1.6% at $33.91** Freight forwarding company says it has initiated a comprehensive review of strategic options, including a merger or a sale of the company** The move comes nearly five months after activist investor Ancora Holdings reportedly urged FWRD to cons...Reuters
Mon, Jan 6
Why Lucid Motors Stock Popped Monday Morning
Shares of Lucid Group (NASDAQ: LCID) shot higher by more than 10% this morning after the company released its fourth-quarter electric vehicle (EV) delivery results. While it didn't hold all of its gains, the stock was still higher by 4% as of 11:35 a.m. ET.The move has increased the sharp rise in Lu...The Motley Fool
Mon, Jan 6
UPDATE 1-Chip firms surge on hopes of strong AI-led demand
Adds European chipmakers in paragraph 3, updates pricesBy Medha Singh and Purvi Agarwal Jan 6 (Reuters) - Shares of chipmakers jumped on Monday as Microsoft's MSFT.O plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that semiconductor demand would remain strong.Mic...Reuters
Mon, Jan 6
Why BlackBerry Stock Is Soaring Today
BlackBerry (NYSE: BB) stock is posting big gains in Monday's trading. The company's share price was up 11% as of 11:15 a.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 1.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 1.9%.BlackBerry stock is surging today thanks to a series of anno...The Motley Fool
Mon, Jan 6
Did Disney Just Save fuboTV?
Every sports fan enjoys a good comeback story, and this week, it seems as if fuboTV (NYSE: FUBO) is the underdog, emerging as the unlikely winner. Shares of the sports-centric streaming TV platform soared on Monday after Disney (NYSE: DIS) confirmed reports that it is combining its Hulu-branded live...The Motley Fool
Mon, Jan 6
BUZZ-Boeing rises after Barclays upgrades to 'overweight', hikes PT
Updates** Planemaker Boeing's BA.N shares rise ~1% to $171.36** Barclays raises rating on the stock to "overweight" from "equal-weight"; cites stronger growth trend in Original Equipment (OE) over aftermarket ** Barclays raises PT to $210 from $190 and Jefferies to $205 from $200** Barclays expects ...Reuters
Mon, Jan 6
GLOBAL MARKETS-Stocks rise, US dollar drops after Trump denies tariff policy pullback
New throughout, updates headline and first paragraph, and adds investor comment in paragraphs 4-5By Chibuike Oguh NEW YORK, Jan 6 (Reuters) - Global stocks rose while the U.S. dollar index dropped on Monday after President-elect Donald Trump denied a newspaper report that his incoming administra...Reuters
Mon, Jan 6
CANADA STOCKS-TSX edges up on energy boost, political changes in focus
Updates with market opening pricesBy Ragini Mathur Jan 6 (Reuters) - Canada's main index edged higher on Monday, powered by gains in energy and tech stocks, while investors braced for political changes after Prime Minister Justin Trudeau said he would resign as the Liberal party leader.The S&P/TS...Reuters
Mon, Jan 6
Why Super Micro Computer Stock Is Soaring Today
Super Micro Computer (NASDAQ: SMCI) stock is making big gains in Monday's trading trading. The company's share price was up 11% at 10:45 a.m. ET.Supermicro stock is surging today thanks to bullish coverage from an analyst. Lynx Equity recently published bullish coverage on the stock, and the firm th...The Motley Fool
Mon, Jan 6
BUZZ-American Airlines rises as brokerages upgrade to 'buy', hike price targets
Updates** Shares of American Airlines AAL.O rise 4.4% to $17.69, in morning trading** TD Cowen and Jefferies raise their ratings on the stock to "buy" from "hold"** TD Cowen increases PT to $25 from $17, Jefferies to $20 from $12** TD Cowen expects AAL to benefit from improved pricing and higher bus...Reuters
Mon, Jan 6
LIVE MARKETS-Monday data: Services save the day
Main U.S. indexes rally; Nasdaq out front, up ~1.8%Tech leads S&P sector gainers; Utilities weakest groupEuro STOXX 600 index up ~0.8%Dollar slides; gold ~flat; crude up slightly; bitcoin up >4%U.S. 10-Year Treasury yield edges up top ~4.61%Welcome to the home for real-time coverage of markets broug...Reuters
Mon, Jan 6
