News
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Bank Stocks Jump. Goldman Sachs, Jeffrries up over 4%; Morgan Stanley, JPMorgan up over 3% to Record Highs; Bank of American, Wells Fargo up Around 2% to New Highs
Bank stocks jumped on Monday. Goldman Sachs, Jeffrries up over 4%; Morgan Stanley, JPMorgan up over 3% to record highs; Bank of American, Wells Fargo up around 2% to new highs.Tiger News
Mon, Jan 5
Canada's Minto Apartment REIT surges on $2.3 billion buyout
Canada's Minto Apartment MI_u.TO REIT rises nearly 26.8% to about $17.3 Co to be bought by Crestpoint Real Estate Investments and Minto Group affiliates in an all-cash take-private deal worth about $2.3 bln, including debtDeal represents a 32% premium to the security's last closing price on ...Reuters
Mon, Jan 5
Defense stocks rally after US military intervention in Venezuela
Shares of defense companies surge after U.S. military strikes on Venezuela late last week; U.S. captures President Nicolas Maduro U.S. President Donald Trump has threatened another strike against the country along with Colombia and Mexico and has said Cuba's communist government "looks like ...Reuters
Mon, Jan 5
US refiners gain on prospect of access to Venezuelan oil reserves
Shares of refiners gain after U.S. military intervention in oil-rich Venezuela late last weekBrent crude futures LCOc1 up 1.1% at $61.43/barrel and U.S. West Texas Intermediate crude CLC1 up 1.3% at $58.1/ barrelPrices rise fueled by the prospect of access to Venezuela's vast oil reserves after ...Reuters
Mon, Jan 5
Costco rises after Mizuho upgrades to 'outperform'
Shares of grocery shop retailer Costco Wholesale COST.O up 2% at $871.99Mizuho upgrades stock to "outperform" from "neutral", raises PT to $1,000 from $950Brokerage says co's biggest challenge is not lack of demand but managing overwhelming traffic at its busiest warehouses, note...Reuters
Mon, Jan 5
Lucid gains after beating fourth-quarter delivery estimate
Shares of electric vehicle maker Lucid Group LCID.O up 2.9% at $11.48 LCID reports it delivered a record 5,345 vehicles in Q4, above analysts' average estimate of 5,070 units, according to data from Visible Alpha Deliveries rose 31% from previous quarter, while production more than ...Reuters
Mon, Jan 5
Silver miners rise tracking white metal price
Shares of silver miners rise, tracking gains in the white metal's prices GOL/Spot silver XAG= rises 5.2% to $76.41 per ouncePrices rise driven by its designation as a U.S. critical mineral, persistent supply deficits and growing investor and industrial demandHecla Mining HL.N up 2%, Coeur Mining...Reuters
Mon, Jan 5
Versant Media plunges on debut after Comcast spinoff
Cable networks co Versant Media Group's VSNT.O shares fall ~14% to $40 on first day of tradingComcast CMCSA.O completes spinoff of cable networks division into VSNT; includes channels such as CNBC and USA NetworkExisting CMCSA shareholders received one share of VSNT Class A or Class B common sto...Reuters
Mon, Jan 5
Mizuho lowers Fortive to 'underperform'; shares fall
Shares of industrial equipment maker Fortive FTV.N fall 4% to $53.2 in early tradingMizuho downgrades co to "underperform" from "outperform"Cuts PT to $51 from $54; new PT represents 8% downside on stock's last closeBrokerage says it expects slow start to 2026 across more than ha...Reuters
Mon, Jan 5
BofA raises Avery Dennison's PT, citing positive macro trends
BofA raises price objective on packaging products maker Avery Dennison AVY.N to $198 from $195, maintains "buy" ratingNew PT represents an 8.5% upside from stock's last closeBrokerage expects Avery Dennison to benefit from improving macro trends, with intelligent labels driving growth in...Reuters
Mon, Jan 5
Alerus Financial climbs after Raymond James upgrades stock to 'strong buy'
Regional lender Alerus Financial's ALRS.O shares rise 4.5% to $23.45 in early tradingRaymond James upgrades ALRS to "strong buy" from "outperform", citing bond portfolio rejig in late DecemberRaises PT to $27 from $25, a 20.3% upside to stock's last closeBrokerage boosts 2026...Reuters
Mon, Jan 5
Qualcomm rises; introduces full suite of robotics technologies
Shares of Qualcomm QCOM.O up 1.6% at $175.66 At Consumer Electronics Show, QCOM introduces new robotics architecture combining hardware, software and AICo unveils its Dragonwing IQ10 Series, processor for industrial robots and advanced humanoids, QCOM saysSeparately, QCOM and Google announce expansi...Reuters
Mon, Jan 5
Memory chipmakers rise as global supply shortage whets investor appetite
Jan 5 (Reuters) - Shares of the world's top memory chip providers rose on Monday as investors bet on further price gains due to a global supply crunch driven by surging demand for artificial-intelligence infrastructure.Samsung co-CEO TM Roh described the shortage as "unprecedented" in an...Reuters
Mon, Jan 5
Gold miners rise after Maduro's capture fuels safe-haven demand
Shares of gold miners rise, tracking the price of bullion GOL/Spot gold XAU= up 2% at $4,418.7/ouncePrices sprint higher edging closer to their record peak as geopolitical turmoil stirred up by the U.S. capture of Venezuelan President Nicolas Maduro sparked a flight to safety"Gold is benefiting ...Reuters
Mon, Jan 5
CANADA STOCKS-TSX opens higher as Venezuela turmoil boosts precious metals
Jan 5 (Reuters) - Canada's main stock index opened higher on Monday, lifted by mining stocks as the turmoil in Venezuela drove investors towards safe-haven assets, including gold and other precious metals. Toronto's S&P/TSX Composite index .GSPTSE was up 0.55% at 32,050.90 points as of 9...Reuters
Mon, Jan 5
US STOCKS SNAPSHOT-Wall St opens higher on tech rebound; energy stocks jump after Venezuela strike
Jan 5 (Reuters) - Wall Street's main indexes opened higher on Monday as technology stocks recovered and oil companies surged following the capture of Venezuelan President Nicolas Maduro by the United States in a military strike.The Dow Jones Industrial Average .DJI rose 93.4 points, or 0.19%, at...Reuters
Mon, Jan 5
Crinetics climbs after reporting over $5 mln in Q4 net product revenue from recently launched drug
Shares of Crinetics Pharmaceuticals CRNX.O up 19.8% at $56.01 premarket after reporting over $5 million in Q4 preliminary 2025 net product rev from recently launched PalsonifyPalsonify approved in September 2025 for treating acromegaly, showing strong early sales and broad doctor adoptionCompany als...Reuters
Mon, Jan 5
Memory chipmakers rise as global supply shortage whets investor appetite
Jan 5 (Reuters) - Shares of the world's top memory chip providers rose on Monday as investors bet on further price gains due to a global supply crunch driven by surging demand for artificial-intelligence infrastructure.Samsung co-CEO TM Roh described the shortage as "unprecedented" in an...Reuters
Mon, Jan 5
