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Starbucks rises; received 'a lot of interest' for China business, CEO tell FT
** Shares of coffee chain Starbucks SBUX.O up 3.5% at $94.61** Co fielding "a lot of interest" for China business stake, CEO tells Financial Times in an interview** Starbucks has been considering options for its troubled business in China as it grapples with stiff competition from cheaper co...Reuters
Wed, Jun 11
Caterpillar raises quarterly dividend, shares rise
** Shares of construction and mining equipment maker Caterpillar CAT.N rise 1.8% to $362.75 ** Co raises its quarterly dividend by 10 cents to $1.51 per share of common stock** Dividend is payable on Aug. 20 to shareholders of record at close of business on July 21 ** Co holds a trailing 12-mont...Reuters
Wed, Jun 11
LIVE MARKETS-Waiting for the chickens to come home to roost: CPI barely changed, tariff effect a no-show
Main US indexes up modestlyTech leads S&P 500 sector gainers; Materials, Staples dipEuro STOXX 600 off ~0.2%Dollar, bitcoin dip; gold gains; crude up >2%US 10-Year Treasury yield falls to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Wed, Jun 11
GLOBAL MARKETS-Stocks up, Treasury yields down on cooler inflation, US-China deal
Trump says US-China trade deal doneCPI data shows little change in pricesU.S. stocks rally to near record levels, dollar dipsTreasury yields fall but traders await auction results Oil rises to 7-week high on US-China trade dealBy Lawrence Delevingne and Lawrence White June 11 (Reuters) - Wall...Reuters
Wed, Jun 11
These Artificial Intelligence (AI) Stocks Could Appeal to Warren Buffett-Style Investors
Stock market guru Warren Buffett is renowned as a value investor who believes that it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.Yet applying Buffett's approach to the artificial intelligence (AI) market can prove challenging. Finding reasonably ...The Motley Fool
Wed, Jun 11
GitLab slumps; brokerages cut PT following quarterly results
** Software development platform GitLab GTLB.O falls 7.3% to $44.97 after beating Q1 revenue estimates** J.P.Morgan says revenue beat was lowest in co's history; cuts PT to $52 from $58** Co Q1 revenue $214.5 mln vs $213.2 mln estimates - data compiled by LSEG** At least 14 brokerages cut PT** G...Reuters
Wed, Jun 11
LIVE MARKETS-Wall Street nearing records; Trump says US-China deal done
Main US indexes up modestlyTech leads S&P 500 sector gainers; Materials weakest groupEuro STOXX 600 index ~flatDollar dips; bitcoin ~flat; gold gains; crude up ~2%US 10-Year Treasury yield falls to ~4.43%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Y...Reuters
Wed, Jun 11
CANADA STOCKS-TSX hits record high after US inflation relief; Dollarama jumps
By Ragini Mathur June 11 (Reuters) - Canada's main stock index climbed on Wednesday as investors welcomed softer-than-expected U.S. inflation figures, while strong results from Dollarama lifted the consumer discretionary sector.The S&P/TSX composite index .GSPTSE rose 0.5% at 26,562.13 po...Reuters
Wed, Jun 11
Why MP Materials Stock Plummeted Today
Shares of MP Materials (NYSE: MP), America's biggest miner of rare earth metals, tumbled 8.3% through 10:10 a.m. ET Wednesday after President Donald Trump posted on Truth Social about a new trade deal reached with the Chinese delegation in London last night:"OUR DEAL WITH CHINA IS DONE, SUBJECT TO F...The Motley Fool
Wed, Jun 11
Why GitLab Stock Is Plummeting Today
GitLab (NASDAQ: GTLB) stock is sinking in Wednesday's trading following the company's recent quarterly report. The software development specialist's share price was down 7.7% as of 10:30 a.m. ET. The stock had been down as much as 14.3% earlier in trading.After the market closed yesterday, GitLab pu...The Motley Fool
Wed, Jun 11
EMERGING MARKETS-Latam FX near record high after Sino-US truce, softer US inflation print
LATAM FX up 0.4%, stocks jump 1.1%Mexico's central bank may pause rate cuts, deputy governor Heath saysMexico April industrial production rises 0.1 pct vs MarchBy Nikhil Sharma June 11 (Reuters) - A measure of Latin American currencies stepped closer to a record high on Wednesday after the Un...Reuters
Wed, Jun 11
Forever Dividend Stocks: 5 Income Stocks I Plan to Never Sell
As I've grown older, I've steadily shifted my investment focus from growth to income. I want to become financially independent. My yardstick will be when my passive income exceeds my basic living expenses. I've built a core income portfolio of companies I believe can supply me with growing dividend ...The Motley Fool
Wed, Jun 11
US STOCKS-Wall Street ticks higher after May inflation data
Indexes up: Dow 0.13%, S&P 500 0.10%, Nasdaq 0.14%GameStop falls after reporting decline in quarterly revenueUS consumer prices rise moderately in MayBy Kanchana Chakravarty and Sukriti Gupta June 11 (Reuters) - Wall Street's main indexes nudged higher on Wednesday, as a cooler-than-expec...Reuters
Wed, Jun 11
KKR-Stonepeak raise bid in battle for UK's Assura to $2.3 billion
Latest offer trumps Primary Health Properties' bidAssura's stock up 32% since initial KKR-Stonepeak approachAssura manages 600-plus healthcare properties June 11 (Reuters) - Private equity firms KKR KKR.N and Stonepeak Partners raised their offer for Britain's Assura on Wednesday to ...Reuters
Wed, Jun 11
Prediction: Rivian Will Soar Over the Next 3 Years. Here Are 2 Reasons Why.
Rivian (NASDAQ: RIVN) stock is priced at a bargain versus other electric car stocks like Tesla and Lucid Group. Shares trade at just 3 times sales versus nearly 7 times sales for Lucid and just over 12 times sales for Tesla. A lot of this discount is due to investor concerns over lackluster sales gr...The Motley Fool
Wed, Jun 11
GLOBAL MARKETS-Stocks steady, Treasury yields down on cooler inflation, US-China deal
Trump says US-China trade deal doneCPI data shows little change in pricesU.S. stocks hold near record levels, dollar steadyTreasury yields dip but traders await auction results Oil rises to 7-week high on US-China trade dealBy Lawrence Delevingne and Lawrence White June 11 (Reuters) - Wall St...Reuters
Wed, Jun 11
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