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GLOBAL MARKETS-Stocks, dollar muted as investors track US-China trade talks
Wall Street stocks mutedInvestors await details from US-China trade talksDollar steadies; oil dipsWorld Bank slashes global growth forecastBy Lawrence Delevingne and Amanda Cooper BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar held steady on Tuesday as trade talks between the Uni...Reuters
Tue, Jun 10
Brown & Brown falls after $9.8 billion deal for rival broker Accession
** Insurance broker Brown & Brown's BRO.N shares fall 3% to $104.50** BRO will acquire privately-held rival Accession Risk Management in a $9.83 billion cash-and-stock deal as consolidation heats up in the insurance broker industry ** Co plans to fund the acquisition through a $4 billion equ...Reuters
Tue, Jun 10
Moody's flags risks from retail investors' push into private credit
June 10 (Reuters) - The rapid growth in retail investors, who put their money into private markets, could create liquidity and asset quality risks, Moody's Ratings warned on Tuesday, highlighting potential vulnerabilities within the private credit sector.The rush to court "Main Street" i...Reuters
Tue, Jun 10
Why Alphabet Stock Just Popped
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock jumped nearly 3% earlier in the day before retreating to about a 1.3% gain as of 2 p.m. ET Tuesday. It's not a huge increase -- but then again, you don't expect $2.2 trillion market cap companies to make huge increases in percentage terms all that often....The Motley Fool
Tue, Jun 10
PRECIOUS-Gold prices edge down as traders monitor US-China talks
US, China hold trade talks for second day in London US dollar was up 0.2%US CPI data due on WednesdayPlatinum eases after hitting its highest price since 2021 By Sarah Qureshi June 10 (Reuters) - Gold prices edged lower on Tuesday as traders closely monitored U.S.-China talks, the outcome of whic...Reuters
Tue, Jun 10
Insmed hits more than two-decade high as rare lung disease drug succeeds in trial
** Shares of drugmaker Insmed INSM.O rise as much as 30% to a nearly 24-year high of $91.86** Co says its treprostinil palmitil inhalation powder met the main goal in a mid-stage trial by reducing blood flow resistance in the lungs by 35% when compared to placebo** Stock set for its best day in over...Reuters
Tue, Jun 10
Hospital operators down after White House memo calls for eliminating waste in Medicaid
** Shares of hospital operators Universal Health Services UHS.N down 1.5% at $175.14, Tenet Healthcare THC.N fall 4.3% to $159.02 and HCA Healthcare HCA.N down 1.3% to $368.31 - on track for second straight session of losses** Shares fell after a White House memo on June 6 directed health secretary ...Reuters
Tue, Jun 10
US STOCKS-Wall Street muted as investors track progress of US-China trade talks
J.M. Smucker falls after downbeat forecastWorld Bank cuts global growth forecast for 2025S&P 500 +0.36%, Nasdaq +0.29%, Dow +0.26%By Noel Randewich and Sukriti Gupta June 10 (Reuters) - The S&P 500 climbed on Tuesday, lifted by Tesla's gains as investors awaited results from U.S.-Chin...Reuters
Tue, Jun 10
GLOBAL MARKETS-Stocks, dollar edge up as investors track US-China trade talks
Wall Street stocks tick higherInvestors await details from US-China trade talksDollar steadies; oil gainsWorld Bank slashes global growth forecastBy Lawrence Delevingne and Amanda Cooper BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar held steady on Tuesday as trade talks between ...Reuters
Tue, Jun 10
U.S. STOCKS ON THE MOVE-Citigroup, Boeing, Calavo Growers
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were subdued in volatile trading on Tuesday as investors awaited a breakthrough in the ongoing U.S.-China trade talks aimed at defusing a tariff dispute that h...Reuters
Tue, Jun 10
CORRECTED-Metsera rises as experimental weight-loss drug shows promise in small early-stage trial
June 9 (Reuters) - Shares of weight-loss drug developer Metsera MTSR.O gained as much as 25% on Monday after the company's experimental drug helped patients lose weight in a small, early-stage trial, showing potential for a monthly dosing regime.The drug developer, which went public in January, ...Reuters
Tue, Jun 10
Why Novo Nordisk Stock Just Popped
Novo Nordisk (NYSE: NVO) stock, maker of the blockbuster GLP-1 agonist weight-loss drugs Ozempic and Wegovy, jumped a lucky 7% through 12:20 p.m. ET Tuesday after London's Financial Times reported local activist hedge fund Parvus Asset Management is building a stake.Reportedly, Parvus is upping its ...The Motley Fool
Tue, Jun 10
EXCLUSIVE-OpenAI taps Google in unprecedented cloud deal despite AI rivalry, sources say
Deal reshapes AI competitive dynamics, Google expands compute availabilityOpenAI reduces dependency on Microsoft by turning to GoogleGoogle faces pressure to balance its external cloud offering and AI developmentBy Kenrick Cai, Krystal Hu SAN FRANCISCO, June 10 (Reuters) - OpenAI plans to add Alp...Reuters
Tue, Jun 10
Vaccine stocks muted as investors assess Kennedy's overhaul of key panel
Investors cautious after Kennedy fires vaccine panel membersAnalysts see risk but await June 25-27 panel meetingConcerns over new panel's potential alignment with Kennedy's vaccine viewsBy Sriparna Roy and Bhanvi Satija June 10 (Reuters) - Shares of global vaccine makers were mixed on Tu...Reuters
Tue, Jun 10
Citigroup stock slips after exec forecasts improved banking fees
** Citigroup C.N stock slipping 0.4% on Tues as banking head Vis Raghavan forecasts higher banking fees despite U.S. tariff concerns** Raghavan expects banking fees to rise mid-single digits and markets rev to increase mid-to-high single digits in Q2** Citi advised on major deals, including Mars'...Reuters
Tue, Jun 10
Why J.M. Smucker Stock Just Crashed
Jam magnate J.M. Smucker (NYSE: SJM) got squashed on Tuesday, its share price tumbling 12.7% through noon ET, after reporting mixed earnings this morning.Heading into the company's fiscal Q4 2025 report, analysts expected the foods company to earn $2.25 per share, adjusted for one-time items, on sal...The Motley Fool
Tue, Jun 10
European stocks flat as investors await outcome of US-China talks
Novo Nordisk gains on report of activist Parvus building stakeBellway jumps on revised annual volume production forecast Aberdeen rises after J.P.Morgan upgrade STOXX 600 index flatBy Purvi Agarwal and Pranav Kashyap June 10 (Reuters) - European shares closed little changed on Tuesday in cautious...Reuters
Tue, Jun 10
Casey's General Stores stock soars to record after quarterly report
** Shares in Casey's General Stores Inc CASY.O gap higher, jumping 12.9%, hitting record high on Tuesday after fiscal Q4 EPS and rev beat Street expectations ** CASY, a convenience store/pizza chain, reported adj Q4 EPS of $2.63 vs Wall Street consensus of $1.95 while its rev of $3.99 bln compa...Reuters
Tue, Jun 10
LIVE MARKETS-$1,000 for newborns - how much will it grow?
Main US indexes modestly higherInvestors await U.S.-China trade talk newsEnergy leads S&P 500 sector gainers; Industrials weakest groupDollar, bitcoin edge up; crude up ~1%; gold slipsUS 10-Year Treasury yield edges down to ~4.47%Welcome to the home for real-time coverage of markets brought to y...Reuters
Tue, Jun 10
3 Growth Stocks Down 33% to Buy Right Now
The market may be rallying, but not every stock is going along for the ride. There are plenty of quality stocks that are still trading a lot lower than they were a year ago.They may not be at their best right now. You don't shed a third of your value in an otherwise buoyant past 12 months without so...The Motley Fool
Tue, Jun 10
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