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BUZZ-Flowco surges after 2025's inaugural US IPO priced above range
Updates with debut price ** Oilfield services firm Flowco Holdings FLOC.N surges in NYSE debut on Thurs after first notable U.S. IPO of 2025 priced above expectations ** FLOC shares open at $29, ~21% above IPO price ** Houston, Texas-based co late Weds said it sold 17.8 mln shares at $...Reuters
Jan 16, 2025
Why ASML Stock Surged Higher Today
Shares of ASML (NASDAQ: ASML) were up by 5% as of noon ET Thursday, according to data provided by S&P Global Market Intelligence.ASML is the leading provider of lithography solutions to the semiconductor industry, and its upward momentum appeared to be a reaction to the promising guidance provided b...The Motley Fool
Jan 16, 2025
Think the Stock Market Will Soar Again in 2025? The Bond Market Could Be Signaling Otherwise.
The bulls continue to run rampant on Wall Street. Most analysts believe the S&P 500 (SNPINDEX: ^GSPC) will deliver strong gains again this year, after jumping 23% in 2024. Some point to investment in artificial intelligence (AI) and the potential for corporate tax cuts and deregulation in a second T...The Motley Fool
Jan 16, 2025
LIVE MARKETS-BofA offers “Ten surprises for 2025”
S&P 500 edges green, Dow slips, Nasdaq modestly lowerUtilities lead S&P sector gainers; Cons Disc off mostDollar slips; crude down >1%; bitcoin up; gold gains ~1%U.S. 10-Year Treasury yield falls to ~4.61%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ...Reuters
Jan 16, 2025
Why Taiwan Semiconductor Stock Was Climbing Today
Shares of Taiwan Semiconductor Manufacturing Corporation (NYSE: TSM) were moving higher Thursday after the world's largest contract chip manufacturer posted better-than-expected results in its fourth-quarter earnings report.As of 12:20 p.m. ET, the stock was up by 5.2%.Where to invest $1,000 right n...The Motley Fool
Jan 16, 2025
GLOBAL MARKETS-Global equity index rises, bond yields dip with rates in focus
Wall St muted after Europe, Asia gainUS earnings kick off with strong showing from banksAsian stocks boosted by tech, Europe by luxury, chipmakers Yen rises on growing rate hike wagersUpdates prices to early afternoonBy Sinéad Carew and Alun John NEW YORK/LONDON, Jan 16 (Reuters) - MSCI's global ...Reuters
Jan 16, 2025
US STOCKS-Wall St subdued after strong session; focus on earnings
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Morgan Stanley up after higher Q4 profitsUnitedHealth falls on missing quarterly sales estimatesInvestors parse retail sales, jobless claims dataIndexes: Dow up 0.06%, S&P 500 up 0.09%, Nasdaq ...Reuters
Jan 16, 2025
BUZZ-Freshworks up after Oppenheimer upgrades it to outperform
** Shares of software development firm Freshworks FRSH.O rise 4.4% to $17.5** Brokerage Oppenheimer upgrades FRSH to "outperform" from "perform"** Oppenheimer says Freshworks is looking to "turn things around and a thematic play on an improving small and medium-sized business marketing"** In our vie...Reuters
Jan 16, 2025
Moody's says LA fire may pose risk to Southern California Edison
NEW YORK, Jan 16 (Reuters) - The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody's Ratings said in a report on Thursday. WHY IT'S IMPORTAN...Reuters
Jan 16, 2025
Why BigBear.ai Stock Is Skyrocketing Today
BigBear.ai (NYSE: BBAI) stock is posting big gains in Thursday's trading. The software company's share price was up 10.5% as of 11:15 a.m. ET. Meanwhile, the S&P 500 index was up 0.1%, and the Nasdaq Composite index was essentially flat.After the market closed Wednesday, BigBear.ai announced that Ke...The Motley Fool
Jan 16, 2025
LIVE MARKETS-Will the Treasury rally last? It depends on tariffs and Trump
S&P 500, Dow edge green, Nasdaq modestly lowerUtilities lead S&P sector gainers; Cons Disc off mostEuro STOXX 600 index up ~0.9%Dollar, bitcoin slip; crude down ~2%; gold up ~1%U.S. 10-Year Treasury yield dips to ~4.62%Welcome to the home for real-time coverage of markets brought to you by Reuters r...Reuters
Jan 16, 2025
Richelieu Hardware Ltd reports results for the quarter ended November 30 - Earnings Summary
Richelieu Hardware Ltd RCH.TO reported quarterly adjusted earnings of 44 cents per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of two analysts for the quarter was for earnings of 41 cents per share...Reuters
Jan 16, 2025
BUZZ-Drone technology firm Red Cat falls after Kerrisdale takes short position
** Shares of Red Cat Holdings RCAT.O down 8% to $10** Kerrisdale Capital says it has taken a short position in RCAT** Investment firm adds that the drone technology firm has been "misleading investors about its manufacturing capacity for years"** RCAT's declarations and projections rarely materializ...Reuters
Jan 16, 2025
Why Crocs Is an Incredible Value Stock Today
There aren't a lot of value stocks on the stock market today, but Crocs (NASDAQ: CROX) falls firmly in that category. The company continues to grow the Crocs brand, although HEYDUDE is struggling, and at under 8 times earnings management can buy back stock like crazy. In this video, Travis Hoium exp...The Motley Fool
Jan 16, 2025
BUZZ-Shares of Hindenburg's short target firms surge
** A batch of Hindenburg Research's short targets jump on Thursday after founder Nathan Anderson announced on Wednesday he would disband the firm** Hindenburg bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a lo...Reuters
Jan 16, 2025
BUZZ-Gold miners gain as bullion prices edge up
** Shares of gold miners up, as bullion prices rise to a more than one-month high GOL/** Spot gold XAU= up 0.8% at $2,720.89/ounce, after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Feder...Reuters
Jan 16, 2025
1 Incredible Value Stock I'm Buying Now
MGM Resorts (NYSE: MGM) is a leader in gaming on the Las Vegas Strip and Macao, but the market hasn't appreciated the company's cash flow or buybacks over the past year. In this video, Travis Hoium shows why this is a cheap stock and has incredible potential through not only buybacks but also long-t...The Motley Fool
Jan 16, 2025
First Horizon Corp reports results for the quarter ended December 31 - Earnings Summary
First Horizon Corp FHN.N reported quarterly adjusted earnings of 43 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 39 cents per share...Reuters
Jan 16, 2025
Why Polestar Automotive Stock Crashed 13% on Thursday
Polestar Automotive (NASDAQ: PSNY) stock crumpled under the pressure of an earnings miss Thursday morning. As of 10:35 a.m. ET, shares of the Sweden-based, China-controlled electric car company were down by 13.5%.Heading into its third-quarter report, analysts had forecast Polestar would rack up $63...The Motley Fool
Jan 16, 2025
CANADA STOCKS-TSX flat as energy losses offset mining, tech gains
Energy stocks fall as oil prices easeHigh silver prices boost mining sharesTSX rose nearly 1% in previous sessionUpdates with market opening pricesBy Ragini Mathur Jan 16 (Reuters) - Canada's main stock index was subdued on Thursday as losses in energy shares were offset by gains in mining and te...Reuters
Jan 16, 2025
