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AEP falls on pricing $2.6 bln share offering
Electric utility American Electric Power AEP..O shares down 3.7% before the bell to $127.08 after $2.6 bln follow-on pricedColumbus, Ohio-headquartered AEP late Tues announced ~20.47 mln shares at $127 with forward sale componentOffering price represents 3.7% discount to stock's last closeAEP en...
Reuters
4 hours ago
Berkshire Hathaway Just Resumed Stock Buybacks After a Long Pause. Here's What It Signals.
Key PointsBerkshire Hathaway recently revealed that it started buying back stock for the first time in nearly two years.The buyback amount wasn’t large by Berkshire’s standards, but it sends a clear signal. Berkshire can buy back stock whenever CEO Greg Abel and Chairman Warren Buffett agree it is a...
The Motley Fool
4 hours ago
1 Clean Energy Stock to Buy While Oil Prices Are High
Key PointsNextEra Energy has both a renewables division and a traditional utility business.High oil prices could accelerate the global shift to renewables.10 stocks we like better than NextEra Energy › There are few clean energy companies as compelling as NexEra Energy (NYSE: NEE) right now. It is t...
The Motley Fool
4 hours ago
MORNING BID AMERICAS-Fed alert
By Mike Dolan May 13 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and Markets Oil prices remain elevated, inflation is climbing and bond markets are feeling the heat as the Iran war stalemate continues. Higher-than-forecast U.S. consumer pr...
Reuters
4 hours ago
Is This Surging Semiconductor Stock a Buy After Its Blockbuster Deal With Nvidia?
Key PointsFor the past 175 years, Corning has manufactured glass for some of the world's most revolutionary products. The company is now playing a key role in the artificial intelligence (AI) boom thanks to its optical fiber solutions for data centers. Corning just signed a major optical fiber deal ...
The Motley Fool
4 hours ago
Ring Energy sinks on deep-discounted $60 mln equity raise
Oil and natgas producer Ring Energy REI.A shares down 18.5% premarket to $1.45 after $60 mln follow-on pricedThe Woodlands, Texas-based firm late Tues sold ~44.4 mln shares at $1.35, a 24.2% discount to last saleREI intends to use net offering proceeds to repay debt under credit facility, remainder ...
Reuters
4 hours ago
Orla Mining gains on buyout deal from Equinox
U.S.-listed shares of Canadian gold producer Orla Mining OLA.TO, ORLA.N up 3.3% at $14.95 premarketPeer Equinox Gold EQX.TO says it will acquire ORLA, creating a North American-focused gold producer with an implied market value of about $18.5 billionExisting EQX shareholders will own about 67% of th...
Reuters
4 hours ago
Social Security Could Face Insolvency in 6 Years. These 3 Developments Could Accelerate That Timeline -- and Here's How to Plan Ahead.
Key PointsPopulation growth is slowing at the same time beneficiaries are living longer and the economy is under an increasing pressure.Investors need to start planning now for this possibility.Saving more will be the most helpful measure most households should start with.The $23,760 Social Security...
The Motley Fool
4 hours ago
LIVE MARKETS-One billion barrels lost, but it could have been worse
STOXX 600 up 0.7%Trump heads to ChinaMiners lead gainers, hit new recordS&P futures riseWelcome 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 ONE BILLION BARRELS LOST, BUT IT COULD...
Reuters
4 hours ago
PRECIOUS-Gold falls as hot US inflation data diminish rate cut bets
April CPI report shows inflation remains elevatedUS producer price inflation data awaited for further cuesInvestors await Trump-Xi meeting in BeijingBy Noel John May 13 (Reuters) - Gold edged lower on Wednesday after strong U.S. inflation data dampened speculation of near-term interest rate cuts,...
Reuters
4 hours ago
US STOCKS-S&P 500, Nasdaq futures rise ahead of key data, Trump's China visit
Futures: Dow down 0.3%, S&P 500 up 0.23%, Nasdaq up 0.82% May 13 (Reuters) - S&P 500 and Nasdaq futures rose on Wednesday, recovering from the previous session's losses as investors awaited crucial economic numbers and U.S. President Donald Trump's China visit, even as hope for a ...
Reuters
4 hours ago
GLOBAL MARKETS-European stocks rise as sentiment recovers, but government bond yields, oil still elevated
Europe stocks up after previous session's lossesOil prices stay elevated as Middle East conflict disrupts supply, IEA warns of shortfallMarket focus shifts to Trump-Xi meeting later in weekBy Elizabeth Howcroft PARIS, May 13 (Reuters) - European stocks rose in early trading on Wednesday as ma...
Reuters
4 hours ago
Best Nuclear Energy Stock to Buy Right Now: GE Vernova vs. BWX Technologies
Key PointsIt's not easy to navigate the nuclear energy investment market. The companies that seem to generate the most attention are unprofitable. You don't have to wait on either GE Vernova or BWX Technologies to turn a profit. 10 stocks we like better than GE Vernova › Plenty of investors see the ...
The Motley Fool
4 hours ago
European data, IT stocks lag as Anthropic move, AI concerns weigh
European data analytics, software and IT services stocks extend recent declines, missing out on a broader market bounce as concerns over AI disruption linger Relx REL.L and Wolters Kluwer WLSNc.AS fall as much as 2.7% and 2.1%, respectively, after Anthropic stepped up its push into legal artifi...
Reuters
4 hours ago
Nike's Profit Margins Fell 34%. Here's What Investors Need to Know Before Buying the Dip.
Key PointsIn addition to weak sales performance, Nike has suffered a big margin contraction. Nike is facing big challenges in China, and some direct-to-consumer initiatives have underperformed. 10 stocks we like better than Nike › Nike (NYSE: NKE) stock has been going through an extended rough patch...
The Motley Fool
4 hours ago
DIARY-Federal Reserve Events
Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2026June 16-17 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 28-29 (second day: statement released 1400 EDT...
Reuters
4 hours ago
US SEC, Musk to argue for Twitter settlement before DC judge
Settlement addresses Musk's delayed disclosure of Twitter stake, saving him $150 millionJudge Sooknanan to assess fairness, public interest, and possible collusion in settlementMusk claimed lawsuit was politically motivated; settlement is largest SEC penalty for this violation WASHINGTON, May...
Reuters
4 hours ago
ANALYSIS-Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally
SOX semis index has soared 64% since March 30AI buildout leading to demand for chips beyond Nvidia'sSigns trade may be getting stretched after huge runInvestor Burry says he holds bearish bets on semis ETFBy Lewis Krauskopf NEW YORK, May 13 (Reuters) - A stunning run-up in shares of semicondu...
Reuters
4 hours ago
Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure
Retail investors drive DRAM ETF to record $6 billion in assets in five weeksAnalysts warn rapid inflows could lead to volatility and overbought conditionsDRAM offers access to companies like SK Hynix and Samsung that are not part of US indexes or fundsBy Suzanne McGee PROVIDENCE, Rhode Island, Ma...
Reuters
4 hours ago
RPT-ROI-G7 long bond stress intensifies: Mike Dolan
By Mike Dolan LONDON, May 13 (Reuters) - The relentless rise in long-term government borrowing costs shows no sign of abating, and the list of aggravators is growing by the day. If you've been in thrall to gravity-defying stock markets this year, look no further to see where stress is buildin...
Reuters
4 hours ago
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