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Travere Therapeutics slides after forecasting Q4 sales below estimates
Shares of drug developer Travere Therapeutics TVTX.O fall 25.9% to $25.58 Company said late on Monday it expects total U.S. sales for Q4 to be about $127 million, below Wall Street estimates of $142.2 million - data compiled by LSEG For 2025, co expects total U.S. sales to be about $410 million vs e...Reuters
Tue, Jan 13
Delta Air Lines forecasts FY profit largely below estimates; shares fall
Shares of Delta Air Lines DAL.N fall nearly 1.7% to $69.8 in morning tradingDAL expects FY26 adj EPS between $6.50 and $7.50, mid-point of which is largely below analysts' estimates of $7.25, according to data compiled by LSEGCo forecasts about 20% earnings growth in 2026, citing strong consumer...Reuters
Tue, Jan 13
Medicare Will No Longer Cover This Popular Service Starting Jan. 31
Key PointsRetirees have come to rely on a convenient medical service. Medicare will only provide coverage for this service through Jan. 30, 2026. After that, strict new limits are being put in place to restrict coverage.The $23,760 Social Security bonus most retirees completely overlook › For many s...The Motley Fool
Tue, Jan 13
US STOCKS-S&P 500, Nasdaq steady after mixed results from JPMorgan, Delta Air
Indexes: Dow down 0.33%, S&P 500 flat, Nasdaq up 0.14%JPMorgan Chase beats estimates for Q4 profitDelta's profit forecast disappointsDecember CPI rises 2.7% YoYBy Medha Singh and Pranav Kashyap Jan 13 (Reuters) - The S&P 500 and the Nasdaq were steady on Tuesday after a largely in...Reuters
Tue, Jan 13
Top Calls on Wall Street: Nvidia, Apple, Tesla, Micron, IBM, AMD, Intel and More
Here are the biggest calls on Wall Street on Tuesday:Evercore ISI initiates Reddit as outperformEvercore ISI says it sees a “significant opportunity.”“We are initiating coverage of Reddit (RDDT) with an Outperform rating & a $320 price target (30% upside), based on 35X ’27E EBITDA of $1.8B.”Read mor...Tiger News
Tue, Jan 13
The 2 Biggest Risks AI Stock Investors Fear Most (It's Not What You'd Expect)
Key PointsInvestors are concerned about the quality of the data used by artificial intelligence (AI) companies and their data security measures.Valuation risk is another potential issue, especially with some AI stocks trading at high P/E ratios.Don't let expensive valuations deter you from investing...The Motley Fool
Tue, Jan 13
PRECIOUS-Gold hits record as inflation data cements Fed rate cut bets; silver sets new high
Commerzbank raises 2026 year-end gold forecast to $4,900Analyst warns of sharp swings in silver as bullish market bias persistsBy Anmol Choubey Jan 13 (Reuters) - Gold hit a record high on Tuesday, as U.S. inflation data cemented bets on Federal Reserve rate cuts this year and persistent geopolit...Reuters
Tue, Jan 13
Revvity jumps after lifting 2025 adjusted profit outlook
Medical equipment maker Revvity's RVTY.N shares surge 8.6% to $112.85, touching a over 9-month high Co said late on Monday its 2025 adjusted profit per share will exceed its prior forecast of $4.90 to $5.00 RVTY expects Q4 revenue of around $772 million, above analysts' estimate...Reuters
Tue, Jan 13
US judge blocks Tennessee from barring Kalshi's sports events contracts
By Nate Raymond Jan 13 (Reuters) - A federal judge has temporarily blocked Tennessee gaming regulators from barring prediction markets operator Kalshi from offering events contracts in the state that they said constituted an illegal form of sports wagering.U.S. District Judge Aleta Trauger in Nas...Reuters
Tue, Jan 13
Lineage falls after Barclays downgrades to 'equal-weight'
Shares of cold storage real estate investment trust Lineage LINE.O down 2.6% at $36 in morning tradingBarclays cuts rating to "equal-weight" from "overweight"; trims PT to $38 from $47, still implying 2.2% upside to stock's last closeBrokerage expects ongoing industry challenges-...Reuters
Tue, Jan 13
Wall Street expects strong fourth-quarter earnings driven by robust US economy
Jan 13 (Reuters) - Global brokerages expect Corporate America to deliver a strong fourth-quarter earnings season, driven by a broadening of profit growth across industries as the U.S. economy remains resilient.Analysts expect fourth‑quarter earnings for S&P 500 .SPX companies to rise 8.8% on a y...Reuters
Tue, Jan 13
5 Reasons I'll Be Taking Social Security Long Before Age 70 -- and 5 Reasons I May Delay
Key PointsYou can start collecting your Social Security benefits as early as age 62 or as late as age 70.Most of us would be best off waiting until age 70 -- if we can.For plenty of people, though, starting early is the smart move.The $23,760 Social Security bonus most retirees completely overlook ›...The Motley Fool
Tue, Jan 13
L3Harris jumps on $1 billion Pentagon investment
Shares of defense supplier L3Harris Technologies LHX.N rise 3% to about $351In a first-of-its-kind partnership, Department of War (DoW) to invest $1 billion in LHX's spun-off missiles companyThe missile solutions co, which will build solid rocket motors, is to be independently tradedLHX to retai...Reuters
Tue, Jan 13
LIVE MARKETS-Deutsche Bank prefers European stocks despite US short-term upside on better risk-return
S&P 500, Nasdaq modestly green, Dow dipsComm Svcs leads S&P sector gainers; Financials weakest groupEuro STOXX 600 index ~flatDollar, gold gain; bitcoin, crude both up ~2%US 10-Year Treasury yield edges down to ~4.18%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Tue, Jan 13
Could MercadoLibre Stock Set Patient Investors Up for Life?
Key PointsAt a $110 billion market cap, outsize growth is still possible but won't come as easy as it did in past years.The company's total addressable market indicates it will remain a growth stock for the foreseeable future.10 stocks we like better than MercadoLibre › MercadoLibre (NASDAQ: MELI) h...The Motley Fool
Tue, Jan 13
CANADA STOCKS-TSX opens at record high as commodities extend gains
Jan 13 (Reuters) - Canada's main stock index opened at a record high on Tuesday, lifted by mining and energy stocks as precious metal and oil prices extended gains, while investors also assessed U.S. inflation data for December.At 09:32 a.m. ET, the S&P/TSX Composite index .GSPTSE was up 0.2...Reuters
Tue, Jan 13
US STOCKS SNAPSHOT-S&P 500, Dow open near record highs after mixed earnings, inflation data
Jan 13 (Reuters) - The S&P 500 and the Dow opened near record highs on Tuesday after a largely in-line inflation report sustained expectations of rate cuts this year, while investors weighed mixed quarterly results from JPMorgan and Delta Air Lines.The Dow Jones Industrial Average .DJI rose 26.8...Reuters
Tue, Jan 13
Oppenheimer cuts ServiceNow PT as M&A concerns grow
Oppenheimer trims PT on ServiceNow NOW.N to $200 from $230, still a 40.2% upside to stock's last closeSays stock may face near-term pressure because investors often assign lower valuations to software cos that go on a M&A spreeAdds NOW's deal spree stokes concerns about organic subscript...Reuters
Tue, Jan 13
