News
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Citi lifts United Rentals PT on strong growth outlook
Citi raises PT on equipment rental company United Rentals URI.N to $1,090 from $950; maintains rating at "buy"New PT implies 16.1% upside to stock's last closeBrokerage sees URI as a top pick for 2026; cites strong organic growth potential and earnings upside supported by long-term deman...Reuters
Mon, Jan 12
Atara Biotherapeutics sinks as FDA rejects cancer drug application
Shares of drugmaker Atara Biotherapeutics ATRA.O fall 49% to $6.91 premarketCo says U.S. FDA has rejected its application to market Ebvallo, a treatment for a rare and aggressive cancer linked to the Epstein-Barr virus in patients who have received organ transplantsFDA said main trial was insufficie...Reuters
Mon, Jan 12
Jefferies initiates Enterprise Products at 'hold', sees limited upside
Jefferies initiates coverage of pipeline operator Enterprise Products EPD.N with "hold"; sets PT at $33 PT represents ~3% upside to stock's last closeBrokerage says EPD remains a high-quality midstream operator with strong defensive attributes, though its competitive advantage over peers...Reuters
Mon, Jan 12
Needham lifts Micron Technology PT on tight memory market, capacity expansion
Needham raises PT on memory chip maker Micron Technology MU.O to $380 from $300New PT implies 10.1% upside to stock's last closeBrokerage says demand for DRAM (dynamic random access memory) and NAND (flash drives) still exceeds available supply; MU can meet only about 50% to two thirds of some c...Reuters
Mon, Jan 12
Citigroup raises Freeport-McMoRan PT on higher copper prices
Brokerage Citigroup raises PT on copper miner Freeport-McMoRan FCX.N to $67 from $48New PT represents an upside of 18.5% to stock's last closeBrokerage expects miner's fourth-quarter earnings to be positive, helped by rising copper prices; estimates quarterly core profit at $1.2 billionAdds ...Reuters
Mon, Jan 12
Urban Outfitters falls after reporting slower holiday sales growth
Shares of apparel retailer Urban Outfitters URBN.O down 5.6% at $76.99 premarket after posting slower holiday sales growthCo reports 9% sales growth for the two months ended December 31, 2025 vs. 10% a year agoTotal retail segment net sales increased 7% and comparable retail segment net sales rose 5...Reuters
Mon, Jan 12
European building sector poised for growth in 2026, says BofA
Bank of America sees the European building sector maintaining the positive growth momentum in 2026, supported by interest rate sensitivity, exposure to German infrastructure and Ukraine reconstruction, as well as strong pricing trends and M&A optionalitiesThe brokerage distinguishes between heav...Reuters
Mon, Jan 12
GLOBAL MARKETS-Gold leaps to record high, dollar drops as US prosecutors target Fed's Powell
Powell calls threat of indictment a pretext to pressure interest ratesDollar falls broadly, S&P 500 futures down 0.5%Gold hits record $4,600 an ounce as Iran unrest also escalatesBy Marc Jones LONDON, Jan 12 (Reuters) - Gold vaulted to a record high and both the dollar and Wall Street fut...Reuters
Mon, Jan 12
US STOCKS-Wall St futures slip on Trump's Fed attacks; financial stocks fall
Futures down: Dow 0.71%, S&P 500 0.57%, Nasdaq 0.79%Financial stocks fall as Trump calls for cap on credit card rateGold-linked stocks rise after bullion prices cross $4,600/ounce By Medha Singh and Pranav Kashyap Jan 12 (Reuters) - Wall Street futures slipped on Monday after the Trump ad...Reuters
Mon, Jan 12
Credit card rate cap to have limited impact on debt collectors, KBW says
Brokerage KBW sees limited impact on debt collectors should U.S. President Donald Trump's proposal to cap credit card interest rates at 10% become effectiveSuch a move could push subprime borrowers to access credit in other markets such as unsecured loans and buy now, pay later (BNPL)"Since ...Reuters
Mon, Jan 12
LIVE MARKETS-Construction to stay popular, but BofA turns selective
STOXX 600 unchangedTrump-Powell feud escalatesBarclays falls on Trump credit card plansWall 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 CONSTRUCTION TO STAY P...Reuters
Mon, Jan 12
Soleno Therapeutics up on forecasting preliminary 2025 Vykat XR sales above estimates
Shares of drugmaker Soleno Therapeutics SLNO.O rise 4.1% to $44.75 premarket Company posts preliminary 2025 net revenue related to U.S. sales of rare disease drug, Vykat XR, since Q2 launch to be in a range of $189 million to $191 millionThis is above analysts' estimate of $142.96 million - data...Reuters
Mon, Jan 12
J.Jill rises after smaller quarterly sales decline, profit boost forecast
Shares of women's apparel retailer J.Jill JILL.N up 7.4% at $16.06 premarketCo sees smaller decline in Q4 sales and higher adjusted core profit, citing stronger-than-anticipated finish to holiday season, as part of preliminary results ahead of annual ICR conferenceSees Q4 net sales down about 4%...Reuters
Mon, Jan 12
Shake Shack falls after preliminary Q4 revenue misses expectations
Shares of fast food chain operator Shake Shack SHAK.N fall 4.6% at $89.02 premarketCo sees preliminary Q4 revenue of $400.5 million vs. analysts' estimate of $409.7 million - data compiled by LSEG"The last six weeks of the quarter did not meet our expectations due to inclement weather in som...Reuters
Mon, Jan 12
Moderna climbs on $1.9 billion 2025 sales forecast
Shares of vaccine maker Moderna MRNA.O rise 1.3% to $34.73 premarketCompany expects $1.9 billion in sales for 2025, which is near the upper end of its previously projected $1.6 billion to $2 billion rangeMRNA cuts $200 million from 2025 operating expense forecastCompany is scheduled to report fou...Reuters
Mon, Jan 12
HSBC initiates Netflix with 'buy' on strong revenue outlook
HSBC initiates coverage on streaming giant Netflix NFLX.O with "buy" rating; sets PT at $107, implying an upside of 19.6% to stock's last closeA combined Netflix and Warner Bros Discovery WBD.O would boost Netflix's 2028-29e EPS by 2%-4% after cost savings - BrokerageHSBC estimates a...Reuters
Mon, Jan 12
QXO rises on securing additional $1.8 billion to fund future acquisitions
Shares of building products distributor QXO QXO.N rise nearly 1% to about $25.2 premarket QXO secures an additional $1.8 billion in financing led by Apollo Global Management APO.NDeal brings total investment to $3 billion, after QXO had raised $1.2 billion last weekAverage of 16 analysts rate the st...Reuters
Mon, Jan 12
Pre-Bell｜Wall St Futures Slip; Tempus Up 12%; AGQ Up 11%; SoundHound Up 6%; SLV Up 5%; Alibaba Up 4%
01 Stock MarketAs of Jan 12, U.S. stock index futures are soft with E-mini Dow Futures lower by 0.71%, E-mini S&P 500 Futures down 0.56%, and E-mini NASDAQ 100 Futures off 0.78%. The pullback reflects caution ahead of fresh macro headlines, with tech-heavy contracts lagging. Investors are weighing l...Tiger News
Mon, Jan 12
Trump might keep Exxon out of Venezuela; shares fall
Shares of U.S. energy major Exxon Mobil XOM.N fall more than 1% to $123.06 premarket U.S. President Donald Trump said on Sunday he might block XOM from investing in Venezuela following CEO Darren Woods comments that the South American country is "uninvestable"During a White House meeting wit...Reuters
Mon, Jan 12
Buy now, pay later firms gain after Trump's credit card rate cap plan
Shares of buy now, pay later firms rise premarket after U.S. President Donald Trump calls for one-year cap on credit card interest rates at 10%, starting January 20Investors say the proposal can push borrowers away from traditional credit cards and toward alternative lenders, including BNPL provider...Reuters
Mon, Jan 12
