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Morgan Stanley adds Coforge, Indigo to India focus list, knocks off Infosys, Mahindra
** Morgan Stanley tweaks its India focus list of stocks to add IT company Coforge COFO.NS and airlines operator Interglobe Aviation INGL.NS** Brokerage removes Infosys INFY.NS and automaker Mahindra & Mahindra MAHM.NS to accommodate the additions** Brokerage remains positive on large private sec...
Reuters
Mon, Mar 17
MORNING BID EUROPE-Europe, China shine as US exceptionalism fades
A look at the day ahead in European and global markets from Rae WeeMarket movement on Monday continued the narrative of investors falling out of love with U.S. stocks and flocking to European and Chinese peers instead.Wall Street futures sullied a wall of gain early in the day, failing to sustain la...
Reuters
Mon, Mar 17
UK Stocks-Factors to watch on March 17
March 17 - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.27%. The blue-chip index closed 1.1% higher on Friday.* RED TAPE: British finance minister Rachel Reeves will meet regulators on Monday to unveil an "action plan" to cut red tape, while th...
Reuters
Mon, Mar 17
Tuya Teams Up with T3 Technology and Skyworth to Lead Southeast Asia's Smart Revolution at the Upcoming Global Telecom AIoT Summit 2025
NEW YORK, March 17, 2025 /PRNewswire/ -- On March 28, 2025, Tuya Smart (NYSE: TUYA, HKEX: 2391), a global AI cloud platform service provider, T3 Technology, and Skyworth, will take center stage to co-host the Global Telecom AIoT Summit 2025 in Bangkok, Thailand. As AIoT adoption surges and internet...
PR Newswire
Mon, Mar 17
Japan's Nikkei rallies as Wall Street gains buoy battered sentiment
By Brigid Riley TOKYO, March 17 (Reuters) - Japan's Nikkei share average rallied amid widespread gains on Monday as investor sentiment got a boost from a sharp rise in U.S. stocks at the end of last week. The Nikkei .N225 rose 1.1% to 37,475.24 as of the midday break, touching its highest int...
Reuters
Mon, Mar 17
Australia's Lotus Resources rises on uranium supply deal with N.American company
** Shares of Lotus Resources LOT.AX rise around 1.5% to A$0.173** Co's subsidiary Lotus Africa signed binding contract to sell 600,000 pounds (272 metric tons) of uranium from 2026 to 2029 to a North American power utility** Co to sell uranium from its Kayelekera project in Malawi, did not discl...
Reuters
Mon, Mar 17
Bell Potter and Citi upbeat on Australia's Liontown Resources' prospects, Macquarie cautious
** Citi highlights lithium miner Liontown Resources' LTR.AX new capital allocation framework and intent to "screen for opportunities" amid market conditions, despite high leverage to lithium prices** Brokerage maintains a "neutral" rating with a target price (TP) unchanged at 60 ...
Reuters
Mon, Mar 17
GLOBAL MARKETS-Oil prices jump; optimism over China's consumption stimulus boosts Asia shares
Oil prices surge more than 1%Investors eyeing more consumption-led stimulus from ChinaU.S. futures slide on recession worriesSlew of central bank meetings on tapBy Rae Wee SINGAPORE, March 17 (Reuters) - Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as in...
Reuters
Mon, Mar 17
Morgan Stanley says US tariffs could benefit Australia's BlueScope Steel
** Shares of BlueScope Steel BSL.AX rise 2.9% to A$23.24** Morgan Stanley says low Asian flat steel prices could prompt imports into the U.S., even with a 25% tariff, which would benefit co's operations there** BSL's North Star Steel in the U.S. makes up ~21% of the firm's total revenue ...
Reuters
Mon, Mar 17
Australia's Paladin Energy gains on NROP exemption in Canada
** Shares of uranium producer Paladin Energy PDN.AX rise 2.2% to A$6.56** Stock rose as much as 3% to A$6.61 in early trade** Co receives exemption from Non-Resident Ownership Policy (NROP) in uranium mining in Canada for its Patterson Lake South project** Says exemption allows co to maintain its 10...
Reuters
Mon, Mar 17
Boeing lost trust of Americans, needs strict oversight, US official says
WASHINGTON/SEATTLE, March 14 (Reuters) - U.S. planemaker Boeing BA.N lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.
Reuters
Mon, Mar 17
I-Mab
expected to post a loss of 11 cents a share - Earnings Preview
I-Mab IMAB.OQ IMAB.O is expected to report resultson March 19 (estimated) for the period ending September 30 2024LSEG's mean analyst estimate for I-Mab is for a loss of 11 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is ...
Reuters
Mon, Mar 17
China's Baidu launches two new AI models as industry competition heats up
HONG KONG, March 16 (Reuters) - China's Baidu 9888.HK said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and a new reasoning-focused model called X1, as it vies to stand out in a fiercely competitive AI race.Chinese AI startup DeepSeek's roll-out ...
Reuters
Mon, Mar 17
Japan's Nikkei rallies on Wall Street gains
TOKYO, March 17 (Reuters) - Japan's Nikkei share average rallied amid widespread gains on Monday as investor sentiment got a boost from a sharp rise in U.S. stocks at the end of last week. The Nikkei .N225 rose 1% to 37,413.28 as of 0010 GMT, while the broader Topix .TOPX was up 1.1%. All three ...
Reuters
Mon, Mar 17
Could Buying Nio Stock Today Set You Up for Life?
Nio (NYSE: NIO) has been a wildly volatile stock since its IPO in 2018. The Chinese maker of electric vehicles went public at $6.26 per share, and it skyrocketed tenfold to a record high of $62.84 during the buying frenzy in meme stocks in February 2021.However, as of this writing, Nio's stock trade...
The Motley Fool
Sun, Mar 16
Nvidia Stock Is Down 20%. Is It Time to Buy the Dip on the AI Leader?
It's been a rough start to the year for Nvidia (NASDAQ: NVDA) shareholders. As of this writing, shares are down about 12% year to date and 20% below its January highs. The news from the company must be bad, right?Well, not exactly. Late last month, Nvidia reported fourth-quarter and full-year earnin...
The Motley Fool
Sun, Mar 16
Tesla Stock Has Lost More Than a Third of Its Value in 2025: Time to Buy?
Things have changed rapidly for Tesla (NASDAQ: TSLA) stock in 2025. Just a few weeks ago, I assessed whether shares were worth buying after losing a fifth of their value this year. I concluded that buying the dip didn't make sense; the valuation relative to the company's underlying fundamentals simp...
The Motley Fool
Sun, Mar 16
Can This Unstoppable Stock Join Apple, Microsoft, Nvidia, Amazon, Alphabet, and Meta Platforms in the $1 Trillion Club by 2035?
In the past couple of decades, the stock market has had a tremendous run. That tailwind has been the perfect recipe for the creation of numerous trillion-dollar companies. These businesses are in an elite category.Investors are certainly familiar with a smaller innovative, industry-leading enterpris...
The Motley Fool
Sun, Mar 16
3 Reasons This Beaten-Down "Magnificent Seven" Stock Is a Bargain Buy Right Now
It's fair to say the broad market and "Magnificent Seven" stocks have seen better days. The Nasdaq Composite recently entered correction territory, and the index is down 8.1% year to date.Among the Magnificent Seven stocks -- Apple, Nvidia, Microsoft, Amazon, Meta, Tesla, and Alphabet (NASDAQ: GOOG)...
The Motley Fool
Sun, Mar 16
1 No-Brainer High-Yield Dividend ETF to Buy During the Stock Market Correction
Stock market sell-offs are often great opportunities to buy dividend stocks. That's because dividend yields move in the opposite direction of stock prices. So, with the stock market recently correcting (defined as a decline of 10% or more from the peak), dividend yields are now higher.One of the eas...
The Motley Fool
Sun, Mar 16
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