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AIG shares fall as CEO Zaffino shifts to executive chair
Shares of commercial insurer American International Group AIG.N down 5.57% at $79.68AIG's on Tuesday said that its CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the boardCo named insurance industry veteran Eric Andersen as its new president and CEO-ele...
Reuters
Tue, Jan 6
The Untapped Revenue Stream That Could Transform Chipotle's Growth Story
Key PointsJust 2% of Chipotle's transactions come from groups of 4 or more.The fast casual chain is piloting a new catering offering, and its Build Your Own Chipotle product is proving popular with smaller groups.This represents a potential $1 billion revenue opportunity for the company.10 stocks we...
The Motley Fool
Tue, Jan 6
CANADA STOCKS-TSX opens higher as materials gain
Jan 6 (Reuters) - Canada's main stock index opened higher on Tuesday, with the materials sector leading gains as investors awaited key economic data releases later in the week.At 09:33 ET, the S&P/TSX Composite index .GSPTSE was up 0.2% at 32,285.13 points.
Reuters
Tue, Jan 6
Storage Shares Rally. SanDisk up over 13%; Micron up 4%; Seagate up Nearly 3%; Western Digital up over 2%
Storage shares rallied on Tuesday. SanDisk up over 13%; Micron up 4%; Seagate up nearly 3%; Western Digital up over 2%.
Tiger News
Tue, Jan 6
TD Cowen cuts PT on Hims & Hers, citing valuation concerns
Brokerage TD Cowen cuts price target on telehealth company Hims & Hers HIMS.N to $37 from $48, citing valuation concernsThe new PT represents 6.6% upside to stock's last closeBrokerage sees strong growth prospects; says telehealth platforms like HIMS are focused on personalized care, boostin...
Reuters
Tue, Jan 6
US STOCKS SNAPSHOT-Wall St opens muted after financials-driven rally
Jan 6 (Reuters) - Wall Street's main indexes opened subdued on Tuesday, as investors took a breather after the main indexes posted their biggest intraday gains in weeks in the previous session, while markets braced for a data-heavy week of labor reports.The Dow Jones Industrial Average .DJI rose...
Reuters
Tue, Jan 6
Should You Buy Eli Lilly Before It Reaches $1 Trillion in Market Value?
Key PointsEli Lilly briefly reached $1 trillion in market cap last year before retreating.The company has seen revenue soar in recent quarters thanks to its weight loss portfolio.10 stocks we like better than Eli Lilly › Eli Lilly (NYSE: LLY) is close to doing something no other pharmaceutical compa...
The Motley Fool
Tue, Jan 6
Terrestrial Energy surges on deal with DOE for molten salt reactor pilot
Shares of nuclear technology developer Terrestrial Energy IMSR.O rise 26.5% to $8.87 premarketCompany signs an Other Transaction Authority (OTA) agreement with the U.S. Department of Energy (DOE) to build and operate a pilot Integral Molten Salt Reactor plant under Project TETRAThe plant is designed...
Reuters
Tue, Jan 6
Saudi ETF rises as kingdom to open markets to all investors
U.S.-listed iShares MSCI's Saudi Arabia exchange-traded fund KSA.P up 2.9% at $37.04 in premarket tradingThe Saudi exchange says country to open its financial markets to all financial investors from February 1Index provider MSCI classified Saudi Arabia as an emerging market in its annual report ...
Reuters
Tue, Jan 6
AI benefits, commercial loan growth in focus for US big banks in 2026 - J.P. Morgan
Going into 2026 - J.P. Morgan expects focus to be on commercial and industrial (C&I) loan growth, benefits from AI and potential regulatory changes for large cap bank stocksJ.P. Morgan expects Q4 earnings of large cap banks to be marked by 'moderate' net interest income and loan growth a...
Reuters
Tue, Jan 6
Hesai's US-listed shares rise as Nvidia partners with Chinese firm for lidar sensors
U.S.-listed shares of Hesai HSAI.O rise 7.6% to $26.10 premarketNvidia NVDA.O selects Hesai as lidar partner for its autonomous driving technology platform dubbed DRIVE AGX Hyperion 10China-based Hesai designs and makes lidar sensors used in self-driving vehicles and robotics applicationsHesai's...
Reuters
Tue, Jan 6
U.S. STOCKS ON THE MOVE-Alkermes, Ball Corp, NovaBridge
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street was set for a muted open on Tuesday, as investors took a breather after the main indexes posted their biggest intraday gains in weeks in the previous session, while markets brace...
Reuters
Tue, Jan 6
Core Scientific climbs as BTIG turns bullish following scrapped deal with CoreWeave
Core Scientific CORZ.O shares up 3.9% at $17.38 premarket after BTIG upgrades to 'buy' from 'neutral' in wake of its shareholders' rejection of CoreWeave's CRWV.O buyout offerBrokerage sets CORZ PT at $23, implying ~37% upside to stock's last closeWhile CORZ was largely o...
Reuters
Tue, Jan 6
STAAR Surgical plummets after ending planned $1.6 billion merger with Alcon
Shares of medical device maker STAAR Surgical STAA.O drop 18.9% to $19.41 premarketCo says it will terminate $1.6 billion merger deal with Swiss eye-care firm Alcon ALCC.S Termination follows failure to secure enough shareholder votes in support of the dealCEO Stephen Farrell says co will focus on p...
Reuters
Tue, Jan 6
Will the Fed Lower Interest Rates in 2026? Here Are 2 Stocks Poised to Benefit if President Trump Gets What He Wants.
Key PointsPresident Trump has made it abundantly clear that he wants the Federal Reserve to lower interest rates.Lower interest rates benefit some sectors more than others.Ultimately, the Fed needs to see more cracks in the labor market and feel that inflation is under control.10 stocks we like bett...
The Motley Fool
Tue, Jan 6
LIVE MARKETS-Can the Dow Transports help keep the bubbly flowing?
US equity index futures mixed, little changedEuro STOXX 600 index up ~0.4%Dollar ~flat; gold, crude gain; bitcoin slipsUS 10-Year Treasury yield edges up to ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets...
Reuters
Tue, Jan 6
Precious Metals Shares Shine. Sibanye up 4%; Gold Fields, Harmony Gold, Platinum Group, Silvercorp up Around 3%
Precious metals shares shined in premarket trading. Sibanye up 4%; Gold Fields, Harmony Gold, Platinum Group, Silvercorp up around 3%.
Tiger News
Tue, Jan 6
ROI-Trump's Venezuela oil grab revives 'petrodollar' debate: McGeever
By Jamie McGeever ORLANDO, Florida, Jan 6 (Reuters) - There were likely many motives behind America's capture and arrest of Venezuelan President Nicolas Maduro on Saturday, but one little-discussed factor could be the White House's concerns about the waning global prominence of the "p...
Reuters
Tue, Jan 6
Why SoFi Stock Dropped13% in December
Key PointsSoFi continues to break its own records for new customer add-ons.It's rolling out new products like a SoFi stablecoin.SoFi stock is expensive.10 stocks we like better than SoFi Technologies › Share os SoFi Technologies (NASDAQ: SOFI) stock fell 12% in December, according to data provided b...
The Motley Fool
Tue, Jan 6
Truist initiates coverage for Intuit with "buy"
Brokerage Truist Securities initiates coverage for Intuit INTU.O with a 'buy' rating and $739 PT, implying 16.6% upside to stock's last closeFinancial software co's product suite continues to shift more towards cloud-based, subscription and fintech services, which support strong recu...
Reuters
Tue, Jan 6
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