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CANADA STOCKS-TSX futures rise as investors assess Wall Street earnings
Jan 30 (Reuters) - Futures for Canada's main stock index rose on Thursday, supported by gains in metal prices, while investors digested earnings from some of the big tech megacaps on Wall Street. March futures on the S&P/TSX index SXFcv1 were up 0.64% at 6.19 a.m. ET (1119 GMT).U.S. stoc...Reuters
Jan 30, 2025
BUZZ-UPS down after lower-than-expected 2025 revenue forecast
** Shares of United Parcel Service UPS.N down 12.8% at $116.60 premarket** Co forecast 2025 revenue below expectations, as parcel delivery co works to lower exposure to its largest customer, Amazon AMZN.O, and as other customers opt for cheaper, slower ground-based deliveries** Expects 2025 rev. of ...Reuters
Jan 30, 2025
LIVE MARKETS-"Tariff man is coming" - brace yourself
STOXX 600 hits record, up 0.5%Eyes on ECB after Fed stands patDeutsche Bank disappointsNasdaq futures rise 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.research@thomsonreuters.com"TARIFF MAN IS COMING&#...Reuters
Jan 30, 2025
BUZZ-Flagstar Financial climbs after smaller Q4 loss
** Shares of regional lender Flagstar Financial FLG.N rise 5.9% to $10.17 premarket** FLG's Q4 net loss narrows to $168 mln, or 41 cents/shr, compared with $2.71 bln, or $11.27/shr, a year earlier** Provision for credit losses shrunk 80% to $108 mln, thanks to lower net charge-offs and a decline...Reuters
Jan 30, 2025
Celestica Inc reports results for the quarter ended December 31 - Earnings Summary
Celestica Inc CLS.TO reported quarterly adjusted earnings of $1.11 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.06 per share. Wall Street...Reuters
Jan 30, 2025
STMicroelectronics says too early to guide for 2025 after gloomy Q1 view
STMicro expects Q1 results to mark the bottom of 2025CEO says poor visibility, inventory correction cloud outlookPlans production cuts in Q1, could be prolonged into Q2Shares fall as much as 9.3% to lowest since June 2020Adds shares in paragraph 2, management comments on outlook and plant closures i...Reuters
Jan 30, 2025
BUZZ-Dow rises on plan to cut 1,500 jobs globally
** Shares of chemical company Dow DOW.N rise 2.1% to $41.90 premarket** Company to reduce headcount by about 1,500 employees globally** DOW expects $500 mln to $700 mln reduction in direct costs** Company to record a charge of $250 mln to $325 mln in Q1 2025 for severance and related benefit costs**...Reuters
Jan 30, 2025
BUZZ-Levi's falls on lower 2025 profit forecast
** Jeans maker Levi Strauss' LEVI.N shares down 7.5% at $16.73 premarket ** Company forecast annual adjusted profit per share in a range of $1.20 and $1.25, below analysts' expectations of $1.37 - LSEG data ** "Looking ahead, LEVI appears to be taking a conservative outlook for FY25 wit...Reuters
Jan 30, 2025
Fevertree shares soar as Molson Coors takes stake, gains US distribution rights
Molson Coors gains exclusive U.S. rights to Fevertree productsFevertree shares jump nearly 24%Jefferies sees deal as a game changer for FevertreeRecasts paragraph 1, updates shares in paragraph 2, adds analyst comment paragraph 6, background in paragraph 10By Shashwat Awasthi Jan 30 (Reuters) - S...Reuters
Jan 30, 2025
Axon Enterprise Stock Skyrocketed in 2024 and Left the S&P 500 in the Dust. What's in Store for 2025?
Axon Enterprise (NASDAQ: AXON) is one of the world's premier law enforcement technology companies. And 2024 was an absolute banner year for its shareholders.Axon Enterprise is a pioneer in less-lethal firearms with its well-known Tasers. But years after originally marketing the Taser, the company br...The Motley Fool
Jan 30, 2025
REFILE-Tesla expects capital expenditure to exceed $11 bln in 2026, 2027
Corrects typo in paragraph 1Jan 30 (Reuters) - Tesla TSLA.O expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.The company had said in October it expected spending to be between $8 billion and...Reuters
Jan 30, 2025
BUZZ-Cigna falls after 2025 profit forecast misses estimates
** Health insurer Cigna's CI.N shares fall 11.6% to $268 premarket** Company forecasts 2025 adj EPS of at least $29.50, below Wall Street estimates of $31.50 - LSEG** CI's Q4 adj EPS of $6.64 misses estimates of $7.82** Company's shares fell 7.8% in 2024Reuters
Jan 30, 2025
Enrolling in Medicare? 3 Ways Retirees Can Lower Their Costs
A lot of older Americans look forward to their Medicare enrollment because they assume it'll mean affordable healthcare from that point forward. In reality, the costs enrollees face under Medicare can be downright astronomical.Fidelity puts the average cost of healthcare in retirement at $165,000 fo...The Motley Fool
Jan 30, 2025
Should You Forget Nvidia and Buy This Artificial Intelligence (AI) Stock Instead?
Over the last few years, Nvidia (NASDAQ: NVDA) benefited enormously from the increased investment in chips for artificial intelligence (AI), but news out of China is causing investors to wonder if the stock's high valuation is worth it ahead of potential risks to the massive investment big tech comp...The Motley Fool
Jan 30, 2025
1 Artificial Intelligence (AI) Stock That Could Be a Once-in-a-Decade Opportunity
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product. Th...The Motley Fool
Jan 30, 2025
MORNING BID AMERICAS-Megacaps mixed as Fed pauses; ECB cut and GDP up next
A look at the day ahead in U.S. and global markets from Mike DolanWith Federal Reserve policy likely paused until midyear and megacaps throwing up a mixed bag of results so far, stock markets stayed calm overnight as attention switches to European interest rates and a fourth-quarter U.S. GDP health...Reuters
Jan 30, 2025
Dow misses fourth quarter profit estimates
Jan 30 (Reuters) - Chemical firm Dow DOW.N missed fourth quarter profit estimates on Thursday, hurt by lower demand in Europe.The company reported an adjusted profit of 0 cents per share, compared with analysts' average estimate of 24 cents per share, according to data compiled by LSEG.Reuters
Jan 30, 2025
Telefónica Tech and IBM sign a collaboration agreement for quantum-safe technology
Telefónica Tech to integrate IBM quantum safe technology into its cybersecurity services to create specific use cases aimed at addressing new and future risks associated with the advancement of cryptographically relevant quantum computers. The agreement includes deployment of IBM's quantum-...PR Newswire
Jan 30, 2025
Can Palantir Technologies Stock Turn a $25,000 Investment Into More Than $1 Million?
If you had invested $25,000 in Palantir Technologies (NASDAQ: PLTR) stock at the start of 2024, you would have finished the year with more than $110,000. Last year was a significant one for the business as it solidified itself as a top growth stock. Not only did it generate solid top-line growth, bu...The Motley Fool
Jan 30, 2025
Is $20 in Sight for Archer Aviation Stock This Year?
Electric vertical takeoff and landing (eVTOL) aircraft stocks have been on fire since the start of the fourth quarter of 2024. Investors have piled into these speculative growth stocks for a bevy of reasons in recent months, including major regulatory breakthroughs in the UAE, Japan, and the U.S., t...The Motley Fool
Jan 30, 2025
