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EMERGING MARKETS-Mexican peso falls after Trump's return, Latam FX steady
Mexican peso drops after Trump mulls tariffs from Feb Argentina posts record trade surplus for 2024 MSCI Latam FX, stocks subduedBy Purvi Agarwal Jan 21 (Reuters) - Most Latin American currencies edged lower on Tuesday, led by the Mexican peso, a day after U.S. President Donald Trump assumed offi...Reuters
Jan 21, 2025
UPDATE 1-South African rand retreats against dollar after Trump inauguration
Updates prices to reflect afternoon trade JOHANNESBURG, Jan 21 (Reuters) - South Africa's rand retreated against a buoyant dollar on Tuesday after U.S. President Donald Trump announced a flurry of policy changes following his Monday inauguration.At 1532 GMT, the rand traded at 18.5325 against the...Reuters
Jan 21, 2025
BUZZ-Ralph Lauren appoints insider Bob Ranftl as new COO; shares rise
** Luxury apparel maker Ralph Lauren's RL.N shares up as much as 2.3% at $246.01** Co to appoint insider Bob Ranftl as chief operating officer, replacing outgoing executive Jane Nielsen** Ranftl joined RL in 2015 and is currently serving as regional executive chief for North America** Mercedes Abram...Reuters
Jan 21, 2025
BUZZ-Apple drops, trails Nvidia in market cap after Jefferies cuts to rare 'underperform'
Updates** Apple AAPL.O dips over 3% to $221.33, hitting a two-month low ** At current price levels, Apple's market cap trails Nvidia's NVDA.O, making the chipmaker the world's largest company by market cap ** AAPL's mkt cap stands at $3.32 trln, compared with Nvidia's $3.37 trln ** Jefferi...Reuters
Jan 21, 2025
BUZZ-Apparel retailers face tough profit outlook in 2025, Morgan Stanley says
** Morgan Stanley expects challenging profit outlook for apparel retailers in 2025 but says revenue trends will remain consistent ** Brokerage upgrades Urban Outfitters Inc URBN.O to "overweight" from "under-weight" and American Eagle Outfitters AEO.N to "equal-weight" from "underweight"; URBN up 6%...Reuters
Jan 21, 2025
UPDATE 1-Russian rouble surges past 100 mark vs US dollar on Trump hopes
Updates the rouble rate, changes headline, paragraph 1, adds a quote from a forex dealer in paragraphs 3-4 MOSCOW, Jan 21 (Reuters) - The Russian rouble surged past the 100 mark against the U.S. dollar on Tuesday, supported by forex sales by the central bank and exporting companies as well as by ...Reuters
Jan 21, 2025
3M Co reports results for the quarter ended December 31 - Earnings Summary
3M Co MMM.N reported quarterly adjusted earnings of $1.68 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.42. The mean expectation of sixteen analysts for the quarter was for earnings of $1.66 per share. Wall Street expected ...Reuters
Jan 21, 2025
LIVE MARKETS-Trump part two: Day one
Main U.S. indexes green; Dow out front, up ~0.7%Utilities lead S&P sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.2%Dollar rises; gold, bitcoin both up ~1%; crude down ~2%U.S. 10-Year Treasury yield falls to ~4.57%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Jan 21, 2025
US STOCKS-Wall St edges higher with focus on President Trump's trade policy
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Apple falls after brokerage downgrade 3M up after fourth-quarter profit beat Dow at more than one-month high, S&P 500 at over three-week highIndexes up: Dow 0.59%, S&P 500 0.45%, Nasdaq 0.07%Up...Reuters
Jan 21, 2025
BUZZ-Evolus rises after preliminary Q4 revenue beats estimates
** Shares of cosmetic drugmaker Evolus EOLS.O rise ~33% to $14** Co says it expects Q4 rev. Of $79 mln, above analyst estimates of $77.1 mln - data compiled by LSEG** Co forecasts 2025 rev. to be between $345 mln and $355 mln vs. analyst est. of $350.1 mln** Co says it expects to receive FDA approva...Reuters
Jan 21, 2025
Where Will Moderna Be in 3 Years?
As Moderna (NASDAQ: MRNA) looks to shore up its business in the wake of its declining coronavirus vaccine sales, it's natural for investors to wonder about where the biotech will go in the near future.By early 2028, Moderna will be firmly within its next phase of life, potentially operating more lik...The Motley Fool
Jan 21, 2025
BUZZ-FTAI Aviation plummets after announcing probe into Muddy Waters' claims
** Aircraft lessor FTAI Aviation's shares FTAI.O fall 30.6% to $77.99 ** Co said its audit committee would investigate claims of financial irregularities made by short-seller Muddy Waters Research ** Also said it may delay its annual report filing to allow the review to be completed** In 2024, F...Reuters
Jan 21, 2025
Hedge funds ante-up big bets to kick off Trump's second term
Hedge funds position for Trump 2.0Hedge funds bet on strong dollar continuing EM stocks dumped ahead of Trump inauguration - Goldman noteBy Nell Mackenzie LONDON, Jan 21 (Reuters) - Hedge funds positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while ...Reuters
Jan 21, 2025
Metrocity Bankshares Inc reports results for the quarter ended December 31 - Earnings Summary
Metrocity Bankshares Inc MCBS.OQ reported quarterly adjusted earnings of 63 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 44 cents. The lone analyst forecast for the quarter was for earnings of 62 cents per share. Reven...Reuters
Jan 21, 2025
BUZZ-Sunrise Realty Trust dips on stock offering plan
** Commercial real estate lender Sunrise Realty Trust's SUNS.O shares fall 1.3% to $13.95 in early trading** SUNS, which offers loans to projects in southern United States, launches public offering of 5.5 mln shares; price undisclosed ** Raymond James, Keefe, Bruyette & Woods, BTIG and Oppenheime...Reuters
Jan 21, 2025
If You Could Buy Only 1 Energy Stock in 2025, These Should Be Your Top Choices
The energy sector had a rather pedestrian year in 2024. The average energy stock in the S&P 500 gained only 2% on the year, as measured by the return of the Energy Select SPDR ETF, well below the S&P 500's gain of more than 23%.However, while energy stocks were down last year, the sector's future re...The Motley Fool
Jan 21, 2025
LIVE MARKETS-Wall Street kicks off Trump 2.0 with early gains
Main U.S. indexes green; Dow, out front, up ~0.6%Utilities lead S&P sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.1%Dollar rises; gold, bitcoin both up ~1%; crude down ~2%U.S. 10-Year Treasury yield dips to ~4.58%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Jan 21, 2025
GLOBAL MARKETS-Dollar rebounds and stocks climb with all eyes on Trump 2.0
Dollar soars against Mexican peso and Canadian dollarUS stocks rise after Trump avoids day-one tariffsMarkets remain on edge about trade leviesBy Harry Robertson LONDON, Jan 21 (Reuters) - The dollar rallied on Tuesday after plunging the previous day and stocks rose as Donald Trump's return to th...Reuters
Jan 21, 2025
BUZZ-Citi expects muted Q4 chip firms earnings but stays positive on AI
** Citi expects overall market expectations for chip companies' Q4 results to decline due to weak estimates from analog chipmakers and sluggish demand in PC, industrial and auto end markets** Brokerage expects Advanced Micro Devices AMD.O to raise its AI sales forecast from over $5 billion in 2024 t...Reuters
Jan 21, 2025
BUZZ-FX options wrap - EUR/USD leads post-Trump USD risk cull
Implied volatility gauges the FX realised volatility risk that is a key part of an option premium - it has slumped since traders sold options that would have hedged the risk of Donald Trump enacting trade tariffs on day one of his presidency. EUR/USD is at the fore, with the entire 1-12-month expiry...Reuters
Jan 21, 2025
