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Sable Offshore drops on upsized $257 mln stock sale
** Sable Offshore's SOC.N shares down 4.9% premarket to $30.76 after overnight follow-on priced** Houston, Texas-based oil and gas firm late Weds announced ~8.7 mln shares at $29.50 for ~$256.5 mln gross raise to fund capex, working capital and general purposes** Offering size boosted from $200 ...
Reuters
Thu, May 22
Is Arm Holdings Stock a Buy Now?
It has been just over a year-and-a-half since Arm Holdings (NASDAQ: ARM) made its stock market debut on the Nasdaq exchange in September 2023, and anyone who bought shares of the British technology company during its initial public offering (IPO) is sitting on tremendous gains of 159% as of this wri...
The Motley Fool
Thu, May 22
Hims & Hers falls after Cigna caps out-of-pocket costs on weight-loss drugs
** Shares of telehealth firm Hims & Hers Health HIMS.N fall 7.3% to $53.78 premarket ** Late on Wednesday, health insurer Cigna CI.N said it will cap out-of-pocket costs at $200 per month for patients using the weight-loss drugs Wegovy and Zepbound through an add-on to its pharmacy benefit manag...
Reuters
Thu, May 22
Solar stocks sink as House approves GOP tax bill ending incentives earlier
Investing.com - Shares in solar names fell in premarket U.S. trading on Thursday after U.S. House Republicans voted on a revamped version of a tax and spending bill that would cut into incentives for
Investing.com
Thu, May 22
KLA Invests in Operations in Wales with the Opening of a $138 Million R&D and Manufacturing Facility
New complex builds on decades of SPTS Technologies' semiconductor equipment innovation MILPITAS, Calif., May 22, 2025 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC), a global leader in semiconductor process control and process-enabling technology, today announced the opening of its new...
PR Newswire
Thu, May 22
RPT-BREAKINGVIEWS-Private credit’s boom faces a cyclical test
By Sebastian Pellejero NEW YORK, May 21 (Reuters Breakingviews) - As private credit rises into the stratosphere, the air is becoming thinner. Non-bank loan providers like Apollo Global Management APO.N and Blackstone BXSL.N have exploded in size, with so-called direct lending reaching $1.6 trilli...
Reuters
Thu, May 22
Street View: Medtronic's spinoff plan a right step
** Medical device maker Medtronic MDT.N on Wednesday announced plans to spin off its diabetes division, home to insulin pumps and wearable devices, into an independent company, while projecting lower-than-expected profits for 2026** Median PT of 33 brokerages covering the stock is $95 - LSEG data ...
Reuters
Thu, May 22
US STOCKS-US stock futures muted after US House narrowly passes Trump's tax-cut bill
Futures: Dow down 0.05%, S&P 500 up 0.12%, Nasdaq up 0.26%Tax bill sent to SenateSnowflake shines after raising revenue forecastSolar stocks fall on fears of green-energy subsidies endingBy Shashwat Chauhan and Kanchana Chakravarty May 22 (Reuters) - U.S. stock index futures were subdued in v...
Reuters
Thu, May 22
U.S. STOCKS ON THE MOVE-Advance Auto Parts, Serve Robotics, Analog Devices
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's tax and spending bill could...
Reuters
Thu, May 22
1 Key Number Capital One Investors Need to Watch in 2025 and Beyond
There's a lot to like about Capital One (NYSE: COF). Just to name a couple of things, the bank has one of the highest net interest margins of a larger bank, and its merger with Discover Financial Services creates some interesting opportunities. However, there's one key number investors should also k...
The Motley Fool
Thu, May 22
Where Will Rigetti Computing Be in 3 Years?
Quantum computing has a lot of potential to transform the way scientists discover new materials, how researchers discover new drugs, and how doctors cure diseases. These significant opportunities are spurring lots of interest in quantum computing stocks, with Rigetti Computing (NASDAQ: RGTI) garneri...
The Motley Fool
Thu, May 22
Health insurers fall as US to expand audits of Medicare Advantage plans
** Shares of health insurers fall between 2.5% and 4.9% premarket after the U.S. Centers for Medicare & Medicaid Services said it would expand its auditing of Medicare Advantage plans** CMS said late on Wednesday it would audit all eligible Medicare Advantage contracts each year and invest addit...
Reuters
Thu, May 22
Vigil Neuroscience surge after Sanofi to buy co in $470 million deal
** Vigil Neuroscience shares VIGL.O jump 245% to $8 premarket as Sanofi to acquire firm in $470 million deal to boost its neurological pipeline** Sanofi would pay $8 per share to Vigil shareholders, who would also be eligible for a contingent value right (CVR) of $2 per share** CVR is tied to a drug...
Reuters
Thu, May 22
TSX futures point higher after index inches back from record high
Investing.com - Futures tied to Canada’s main stock exchange ticked higher on Thursday, after the index edged away from a recent record high in the prior session.By 06:43 ET (10:43 GMT), the S&P/TSX 6
Investing.com
Thu, May 22
CANADA STOCKS-TSX futures inch lower as US House passes Trump tax bill
May 22 (Reuters) - Futures for Canada's main stock index edged lower on Thursday, as the U.S. House of Representatives narrowly passed President Donald Trump's " big, beautiful " tax bill. June futures on the S&P/TSX index .SXFcv1 were down 0.09% at 7:16 a.m. ET (1116 ...
Reuters
Thu, May 22
Aramco Achieves World-First By Commissioning Renewable Energy Storage System For Gas Operations
May 22 (Reuters) - SAUDI ARABIAN OIL CO 2222.SE:SAUDI ARAMCO - ACHIEVES WORLD-FIRST BY COMMISSIONING BREAKTHROUGH RENEWABLE ENERGY STORAGE SYSTEM FOR GAS OPERATIONSFIRST DEPLOYMENT GLOBALLY OF AN IRON-VANADIUM (FE/V) FLOW BATTERY AS A BACKUP SOLAR POWER SOURCE FOR GAS WELL OPERATIONS
Reuters
Thu, May 22
Analog Devices rises on strong third-quarter forecast
** Shares of chip maker Analog Devices ADI.O rise 3% to $229 in premarket trading** ADI expects adjusted Q3 profit per share to be $1.92 +/- 10 cents, above estimates of $1.83** Q3 revenue forecast to be $2.75 billion +/- $100 million, above estimates of $2.62 billion - as per data compiled by LSEG*...
Reuters
Thu, May 22
StandardAero down after Carlyle, GIC chop stakes in $840 mln secondary offering
** Shares of aircraft maintenance services firm StandardAero SARO.N down 0.7% before the bell to $28.18 after secondary offering priced ** Scottsdale, Arizona-based firm co late Weds announced 30 mln shares offloaded by PE firm Carlyle CG.O and Singapore's sovereign weal...
Reuters
Thu, May 22
Melius Research downgrades Marvell Technology on concerns over custom silicon business
** Brokerage Melius Research downgrades chipmaker Marvell technology MRVL.O to "hold", sets PT at $66** PT still implies 9.8% upside to the stock's last close** Brokerage previously expected Marvell to do well due to its custom silicon business, but now thinks this may not happen** Flags...
Reuters
Thu, May 22
London stocks fall as US fiscal worries, UK budget deficit hit sentiment
FTSE 100, FTSE 250 slide 0.7%UK budget deficit comes in at 20 billion pounds in AprilUK business downturn eases, PMI data showsJohnson Matthey jumps on Honeywell deal May 22 (Reuters) - London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the...
Reuters
Thu, May 22
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