News
Important Only
U.S. STOCKS ON THE MOVE-Netflix, Alumis, Micron Technology
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed on Wednesday, with the S&P 500 and the Dow coming off their intraday record highs after rallying in the previous two sessions, while investors a...Reuters
Wed, Jan 7
US STOCKS-Wall Street mixed as AI-driven rally cools, investors assess labor data
Indexes: Dow down 0.3%, S&P 500 flat, Nasdaq up 0.2%Strategy gains as MSCI keeps crypto treasury firms in indexesPrivate payrolls rebound less than expected in DecemberBy Purvi Agarwal and Nikhil Sharma Jan 7 (Reuters) - Wall Street's main indexes were mixed on Wednesday, with the S&P...Reuters
Wed, Jan 7
Top Calls on Wall Street: Nvidia, Apple, Micron, McDonald’s, Hershey, Amazon, Meta & More
Here are Wednesday’s biggest calls on Wall Street:UBS reiterates Micron Technology as buyUBS raises its price target to $400 per share from $300.“This week we hosted a series of bullish investor meetings/dinners with MU management (CEO, CFO, and IR). The company struck a positive tone - particularly...Tiger News
Wed, Jan 7
Crypto Shares Drop as Bitcoin Falls Below $91K. GEMI, BitMine Down About 6%; Circle Down Nearly 5%; MARA, CleanSpark, Bullish Down About 4%
Crypto shares slid on Wednesday as bitcoin fell below $91,000. GEMI, BitMine down about 6%; Circle down nearly 5%; MARA, CleanSpark, Bullish down about 4%.Tiger News
Wed, Jan 7
EMERGING MARKETS-LatAm stocks dip as investors weigh geopolitical tensions, US data
Stocks fall 1.5%, FX ticks downChile's December trade surplus beats estimates By Ragini Mathur and Twesha Dikshit Jan 7 (Reuters) - Latin American currencies and stocks dipped on Wednesday after U.S. President Donald Trump's plan to sell Venezuelan crude reserves ignited concerns about lo...Reuters
Wed, Jan 7
UBS raises Micron Technology PT on memory upcycle
UBS raises PT on memory chipmaker Micron Technology MU.O to $400 from $300New PT implies an upside of 16.5% to the stock's last closeBrokerage notes severe supply shortages and slow capacity additions underpin an extended memory upcycle"Suppliers are now getting paid for best-in-class perfor...Reuters
Wed, Jan 7
PRECIOUS-Gold falls more than 1% as investors lock in profits
US private payrolls rebound less than expected in DecemberHSBC raises 2026 average silver price forecast to $68.25/ozChina's central bank buys gold for 14th consecutive monthBy Anmol Choubey Jan 7 (Reuters) - Gold prices fell over 1% on Wednesday as investors booked profits after a recent ral...Reuters
Wed, Jan 7
Weight-Loss Drugmakers' Stocks Jump. Structure Therapeutics up 5%; Eli Lilly Rises 4% to Record High; Amgen up 3%; Roche, Novo up Around 2%
Weight-loss drugmakers' stocks jumped on Wednesday. Structure Therapeutics up 5%; Eli Lilly rose 4% to record high; Amgen up 3%; Roche, Novo up around 2%.Eli Lilly has significantly reduced the price of its blockbuster weight-loss and diabetes medication, Mounjaro, in China, escalating its competiti...Tiger News
Wed, Jan 7
Compass jumps after announcing convertible for Anywhere Real Estate merger, encouraging Q4 guidance
Shares of home brokerage firm Compass COMP.N jump 8% early Weds to $11.70, highest since Nov 2021, a s it seeks capital to fund acquisition of Anywhere Real Estate HOUS.N New York City-based COMP on Weds announced private offering of $750 mln convertible bonds due 2031 COMP intends to use ...Reuters
Wed, Jan 7
UniFirst falls after Q1 profit miss
Shares of uniform retailer UniFirst UNF.N down 3% at $197.03 after Q1 profit misses estimatesCo posts Q1 adj. EPS of $1.98 vs. analysts' estimates of $2.06; operating margin falls to 7.3% vs. 9.2% a year earlierQ3 revenue at $621.32 million beat estimates of $615.25 million, helped by new custom...Reuters
Wed, Jan 7
Should You Invest $100 in SoFi Technologies Right Now?
Key PointsSoFi Technologies is a promising growth stock with attractive prospects.Growth in the financial services segment is fueling stellar earnings acceleration.SoFi's investments in blockchain and AI technologies make it a promising bet on the future of personal finance.10 stocks we like better ...The Motley Fool
Wed, Jan 7
Biopharma firm Alumis extends gains after commencing $175 mln stock offering
Alumis ALMS.O shares up 9.1% at $17.71 early Weds as biopharma co seeks equity after its stock surged to record high in the prior session ALMS shares on Tues more than doubled before finishing up 95% at $16.23 after co's skin disease drug, envudeucitinib, met the main goal in two late-stage...Reuters
Wed, Jan 7
Albertsons forecasts tepid annual sales, profit on lower drug prices, SNAP hit
Jan 7 (Reuters) - Albertsons ACI.N forecast tepid annual identical sales and adjusted net income on Wednesday, after a disruption in SNAP benefits hit the U.S. grocer's third quarter and its pharmacy business braced for a hit from drug price renegotiations.The company said the brief lapse in foo...Reuters
Wed, Jan 7
LIVE MARKETS-US stocks push pause, but milestones beckon
Main US indexes edge upHealthcare leads S&P 500 sector gainers; Materials weakest groupEuro STOXX 600 index ~flatDollar slips; crude, gold, bitcoin each off >1%US 10-Year Treasury yield falls to ~4.14%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Y...Reuters
Wed, Jan 7
GameStop unveils $35 billion pay plan for CEO Cohen tied to lofty targets
Jan 7 (Reuters) - GameStop on Wednesday unveiled a compensation package worth roughly $35 billion for CEO Ryan Cohen, hinging on a turnaround that requires him to lift the struggling videogame retailer's market value more than tenfold and sharply boost its profit.Hitting the targets will require...Reuters
Wed, Jan 7
