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Cannabis Stocks Jump on Trump Marijuana Review; Lithium Stocks Rally as CATL Shuts Major Mine
US President Trump is considering reclassifying marijuana as a less dangerous drug, according to people familiar with the matter, after pot companies have poured millions of dollars into Trump’s political groups, the Wall Street Journal reported.Cannabis stocks surged in premarket trading on Monday....Tiger News
Mon, Aug 11
UK's Marshalls falls on lower first-half profit
** Shares of UK landscaping and roofing products supplier Marshalls MSLH.L down 1.2% at 203.5p ** MSLH reports HY adj pretax profit of 22 mln pounds ($29.62 mln), compared with 26.6 mln pounds a year earlier ** Says end markets remain challenging with subdued demand pressuring prices, and a less pro...Reuters
Mon, Aug 11
Rumble rises after it weighs bid for Germany's Northern Data
** Shares of U.S. video platform and cloud services provider Rumble RUM.O rise 6.4% to $8.3 premarket ** Co is considering an offer of about $1.17 billion (1 billion euros) for German AI cloud group Northern Data NB2.DE, according to statements from both companies** A deal would give RUM control of ...Reuters
Mon, Aug 11
AppLovin Shares Jump as Revenue Continues to Surge. Is It Too Late to Buy the Stock?
Key PointsAppLovin once again saw its revenue and profits soar in Q2.The company has a lot of irons in the fire to continue to drive strong growth.The stock still looks reasonably priced.10 stocks we like better than AppLovin › AppLovin (NASDAQ: APP) once again held up to the short-seller scrutiny i...The Motley Fool
Mon, Aug 11
3 Reasons Investors Should Be Cautious About XRP in the Coming Months
Key PointsXRP hit a 52-week high of $3.65 this summer, but has been unable to break through the $4 price level.Concerns over XRP's centralized coin supply became a major issue in July.The long-running SEC case against Ripple (XRP) still has not officially wrapped up.10 stocks we like better than XRP...The Motley Fool
Mon, Aug 11
C3.ai Stock Plunges 29% as Q1 Preliminary Revenue, Loss Far Worse Than Expected
C3.ai late Friday disclosed preliminary results for the July-ended fiscal first quarter that were far worse than expected. The stock dived 29% in premarket trading on Monday.The artificial intelligence software maker sees preliminary revenue of $70.2 million-$70.4 million, roughly 33% below the midp...Tiger News
Mon, Aug 11
Novartis shares jump after Ianalumab meets endpoint in clinical trial
** Shares of Novartis NOVN.S jump 2% after the Swiss pharmaceutical company said its Sjoegren's disease treatment, Ianalumab, met primary endpoint in Phase III trial** The drug has already been granted fast track designation by the U.S. Food and Drug Administration (FDA) and Novartis says it pla...Reuters
Mon, Aug 11
Crypto Stocks Jump After Bitcoin Tops $122,000 as Trump Crypto Order Fuels Market Surge
Cryptocurrency markets experienced dramatic gains Sunday evening as Bitcoin topped $122,000 and Ethereum achieved its strongest performance since December 2021, propelled by President Donald Trump's executive order authorizing digital asset investments in 401(k) retirement plans. The Block reported ...Tiger News
Mon, Aug 11
5 Reasons to Buy Vanguard High Dividend Yield ETF Like There's No Tomorrow
Key PointsVanguard High Dividend ETF has an above market dividend yield.The exchange traded fund has a highly diversified and simple to understand portfolio.Vanguard High Dividend ETF could easily be used to replace an S&P 500 index ETF in your portfolio. 10 stocks we like better than Vanguard White...The Motley Fool
Mon, Aug 11
O'Reilly Automotive's Historic Stock Split Was Spurred by a 65,000% Gain Since Its IPO. Is Its Biggest Rival About to Become Wall Street's Next Stock-Split Stock?
Key PointsEnthusiasm surrounding stock splits has played a key role in boosting equity valuations.Auto parts supplier O'Reilly Automotive, which completed a 15-for-1 forward split in June, is the most prominent of 2025's stock-split stocks.Despite repurchasing more than 90% of its outstanding shares...The Motley Fool
Mon, Aug 11
UK's Spectris falls after terminating Advent's buyout offer in favour of KKR
** British scientific instruments maker Spectris SXS.L down 3.6% at 4015p ** SXS said on Friday it had decided not to proceed with U.S. private equity firm Advent's buyout proposal** SXS's decision comes days after backing rival suitor KKR's KKR.N $6.4 bln offer** Stock up 66% YTD vs FTS...Reuters
Mon, Aug 11
Northern Data hits 1-yr low as Rumble weighs offer at discount
** Shares in Northern Data NB2.DE drop 27% to their lowest price since early July 2024 after Rumble RUM.O said it was considering making an offer for the German AI cloud group ** Rumble is considering offering 2.319 shares for each Northern Data share, both companies said** The proposed offer values...Reuters
Mon, Aug 11
"Golden Decade" for HBM? SK Hynix Predicts 30% Annual Growth Through 2030
TradingKey - According to a Reuters report, SK Hynix executive Choi Jun-yong stated that the market for artificial intelligence (AI)-specific memory chips is projected to grow at an annual rate of 30% through 2030.TradingKey
Mon, Aug 11
3 Social Security Mistakes That Could Sorely Wreck Your Retirement
Key PointsIt's important to claim Social Security at the right time.Don't assume the program's cost-of-living adjustments (COLAs) will fully do their job.If you retire on just Social Security, you may be in for a world of financial stress. The $23,760 Social Security bonus most retirees completely o...The Motley Fool
Mon, Aug 11
Defence companies slip in Europe ahead of Trump-Putin meeting
** Shares in European arms makers move lower on Monday, ahead of a planned meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin ** The STOXX aerospace and defence index .SXPARO, which rose some 51% YTD until Friday's close, is down around 1% to more than one-...Reuters
Mon, Aug 11
European shares extend gains ahead of US-Russia talks
Aug 11 (Reuters) - European shares rose on Monday, extending the strong momentum from last week on optimism over a potential Ukraine peace deal, while investors turned their attention to upcoming U.S. inflation data and tariff negotiations later in the week.The pan-European STOXX 600 index .STOXX wa...Reuters
Mon, Aug 11
"Long Magnificent 7" once again world's most crowded trade, BofA survey finds
LONDON, Aug 11 (Reuters) - Owning big U.S. tech stocks is once again the most popular trade, according to BofA's monthly fund manager survey, as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. 45% of the 169 participants in August's survey, ...Reuters
Mon, Aug 11
South African rand starts week firmer before local manufacturing figures
JOHANNESBURG, Aug 11 (Reuters) - The South African rand gained in early trade on Monday ahead of the release of domestic manufacturing data, while investors also kept a close eye on trade updates as the country scrambles to secure a lower tariff rate on its exports to the United States.U.S. imports ...Reuters
Mon, Aug 11
Alphabet's New No. 1 Holding Is a Bona Fide Moonshot Stock, While Its Former No. 2 Holding Has Been Given the Heave-Ho
Key PointsForm 13Fs clue investors into which stocks Wall Street's brightest investors -- and businesses with at least $100 million in assets under management -- have been buying and selling.A revolutionary space stock has vaulted its way to the top of Alphabet's investment portfolio.Meanwhile, a tr...The Motley Fool
Mon, Aug 11
