News
Important Only
US defense stocks fall after Trump's comments on production problems
Defense stocks slip as investors weigh U.S. President Donald Trump's comments on Truth Social, Trump's social media platformTrump says he won't permit dividends, buybacks for defense companies till they fix military equipment production problemsCalls executive pay packages in the defense...Reuters
Wed, Jan 7
US STOCKS-S&P 500 reaches record high as AI trade returns
US job openings decline more than expected in NovemberTrump says his administration will ban Wall St from buying single-family homesS&P 500 +0.03%, Nasdaq +0.48%, Dow -0.54%By Noel Randewich NEW YORK, Jan 7 (Reuters) - The S&P 500 climbed to a record high on Wednesday, lifted by gains in...Reuters
Wed, Jan 7
AbbVie in talks to buy biotech Revolution Medicines, WSJ reports
Jan 7 (Reuters) - AbbVie ABBV.N is in advanced talks to buy cancer-drug developer Revolution Medicines RVMD.O, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Shares of Revolution were up 10% in afternoon trading.Reuters
Wed, Jan 7
Olaplex jumps after report Germany's Henkel eyes takeover
Shares of shampoo and other hair products maker Olaplex Holdings OLPX.O up 16.2% at $1.6Germany's Henkel has submitted a takeover offer for OLPX, Bloomberg News reports, citing people with knowledge of the matter, after it lost over 90% of its value since its IPOOLPX and Henkel are in talks abou...Reuters
Wed, Jan 7
EMERGING MARKETS-Latam assets drift lower as markets weigh geopolitical tensions, US data
Stocks fall 0.88%, FX ticks down 0.23%Chile's December trade surplus beats estimates By Ragini Mathur, Twesha Dikshit and Pranav Kashyap Jan 7 (Reuters) - Latin American currencies and stocks slipped on Wednesday as President Donald Trump's plan to sell Venezuelan crude reserves lit a...Reuters
Wed, Jan 7
Artificial Intelligencer-New kind of chip shortage has Wall Street buzzed
By Krystal Hu Jan 7 (Reuters) - (Artificial Intelligencer is published every Wednesday. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here or email me to share any thoughts.) Happy New Year and welcome back! I hope you had a joyful, ...Reuters
Wed, Jan 7
U.S. STOCKS ON THE MOVE-Nvidia, Boeing, Lowe's
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq gained on Wednesday, with the benchmark index at record highs, as technology stocks extended their rally from the previous session, while investors shrugged th...Reuters
Wed, Jan 7
Warner Bros rejects revised Paramount bid, sticks with Netflix
Warner Bros favors Netflix deal, spurning Paramount's amended bidParamount's bid includes $40 billion guarantee from Larry EllisonAnalysts see Netflix's offer as clearer with fewer execution risksBy Dawn Chmielewski, Kritika Lamba and Dawn Kopecki LOS ANGELES, Jan 7 (Reuters) - Warner...Reuters
Wed, Jan 7
WRAPUP 2-US job openings slide to 14-month low; hiring weak in November
Job openings decrease 303,000 to 7.146 million in NovemberHires drop 253,000 to 5.115 million; layoffs still lowVoluntary quits rise, but remain at low levelsBy Lucia Mutikani WASHINGTON, Jan 7 (Reuters) - U.S. job openings dropped to a 14-month low in November while hiring resumed its sluggish t...Reuters
Wed, Jan 7
Regeneron Pharma gains as BofA upgrades rating
Shares of drugmaker Regeneron Pharmaceuticals REGN.O up 3.7% at $805.32BofA Global Research upgrades rating to "buy" from "underperform"; raises PT to $860 from $627New PT represents ~11% upside to stock's last closeBrokerage views newer version of eye drug Eylea SD to be more po...Reuters
Wed, Jan 7
LIVE MARKETS-The robots are coming! Or are they?
Nasdaq rallies ~0.7%, S&P 500 up modestly, Dow dipsComm svcs lead S&P 500 sector gainers; Utilities weakest groupDollar ~flat; gold down ~1; crude, bitcoin both off >2%US 10-Year Treasury yield falls to ~4.13%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, Jan 7
Brokerages lift PT on American Airlines; shares jump
Shares of American Airlines AAL.O jump 4% to about $16.30 after T.D. Cowen and Bernstein lift PTBernstein raises PT to $20 from $16, while T.D. Cowen lifts it to $19 from $16 This comes after AAL raised its 2025 profit forecast in Q3 following industry-wide capacity cuts as a demand slump earlie...Reuters
Wed, Jan 7
US natgas companies rise as cooler weather forecast boosts heating demand
Shares of U.S. natural gas companies up, tracking a rise in natgas futures NGA/U.S. natural gas futures NGc1 up 4.3% at $3.49 per million British thermal unitsNatural gas prices rise on a decline in output and forecasts for cooler weather and more heating demand this week than previously expectedNat...Reuters
Wed, Jan 7
US STOCKS-S&P 500, Nasdaq climb on tech boost, investors take labor data in stride
Indexes: Dow down 0.17%, S&P 500 up 0.19%, Nasdaq up 0.59%US job openings decline more than expected in NovemberPrivate payrolls rebound less than expected in DecemberBy Purvi Agarwal and Nikhil Sharma Jan 7 (Reuters) - The S&P 500 and the Nasdaq gained on Wednesday, with the benchmark in...Reuters
Wed, Jan 7
Jefferies raises GE Aerospace's PT on strong growth in commercial engine services
Jefferies raises PT on aircraft engine maker GE Aerospace GE.N to $375 from $365, maintains "buy" ratingNew PT represents a 14.5% upside to stock's last closeBrokerage expects 14% growth in GE's commercial engine services business vs. analyst estimates of 12%Sees double-digit rise in...Reuters
Wed, Jan 7
London's FTSE 100 retreats from record highs as energy, financials fall
FTSE 100 down 0.7% after hitting a series of record highs Precious metal miners lead losses, gold slips over 1%Defence stocks gain amid U.S.-Venezuela developments Jan 7 (Reuters) - The UK's FTSE 100 closed lower on Wednesday, stalling after a recent run of record highs as losses in energy an...Reuters
Wed, Jan 7
GLOBAL MARKETS-Oil falls, stocks mixed after Trump reveals plan for Venezuelan oil
US crude and Brent oil prices fall furtherEuro zone inflation eases to 2% targetCopper eases from recordWall Street stocks mixedBy Caroline Valetkevitch NEW YORK, Jan 7 (Reuters) - Oil prices fell on Wednesday as U.S. President Donald Trump's plan to refine and sell Venezuelan crude oil raise...Reuters
Wed, Jan 7
METALS-Copper, nickel retreat from highs as rally loses steam
LONDON, Jan 7 (Reuters) - Copper fell sharply on Wednesday from a record high the previous session, while nickel tumbled from a 19-month peak as an early-year rally in industrial metals lost momentum.Benchmark three-month copper CMCU3 on the London Metal Exchange dropped as much as 3.1% to $12,833 p...Reuters
Wed, Jan 7
European stocks cool as traders assess Venezuela fallout, economic data
STOXX 600 closes flat Oil prices slide after US strikes deal German unemployment rate rises in DecemberBy Niket Nishant and Pranav Kashyap Jan 7 (Reuters) - European stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest U.S.–Venezuela developmen...Reuters
Wed, Jan 7
State Street falls after Truist Securities downgrades to 'hold'
Shares of custodian bank State Street STT.N fall 1.17% to 132.75Truist Securities downgrades STT to "hold" from "buy"Brokerage says downgrade is less about seeing a new incremental negative in STT and more about wanting some balance in our ratingsWe also feel that we have enough equi...Reuters
Wed, Jan 7
