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Micron surges as global memory chip shortage boosts profit forecast
By Akriti Shah and Arsheeya Bajwa Dec 18 (Reuters) - Micron Technology MU.O shares rose nearly 16% on Thursday, following an outsized profit forecast on the back of a worldwide supply crunch of memory chips amid robust demand from AI data centres. A memory shortage across industries - from smart...Reuters
Thu, Dec 18
Could Buying USA Rare Earth Stock Today Set You Up for Life?
Key PointsA recent acquisition furthers the company's strategic aims. Management recently brought forward expectations for commercial production on a mine where it controls the rights. 10 stocks we like better than USA Rare Earth › Spoiler alert: The answer is "yes," but as ever with investing, it's...The Motley Fool
Thu, Dec 18
Barclays raises Jabil's PT; shares rise
Shares of electronics firm Jabil JBL.N rise 1.7% to about $220Barclays raises Jabil's price target to $283 from $267, reiterates "overweight" rating New PT represents an upside of 30.8% from stock's last closeBrokerage says JBL is ahead of schedule for upgrading its rack and server m...Reuters
Thu, Dec 18
US STOCKS SNAPSHOT-Wall St opens higher as inflation eases; forecast boosts Micron
Dec 18 (Reuters) - Wall Street's main indexes opened higher on Thursday after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast briefly eased worries about tech-sector valuation.The Dow Jones...Reuters
Thu, Dec 18
CANADA STOCKS-TSX rises after US inflation data supports rate cut bets
Dec 18 (Reuters) - Canada's main stock index opened higher on Thursday after a softer-than-expected U.S. inflation print strengthened market expectations for interest rate cuts by the Federal Reserve.At 9:30 a.m. ET, Toronto's S&P/TSX composite index .GSPTSE was up 0.4% at 31,382.60 poin...Reuters
Thu, Dec 18
Davis Asset Management Loads Up FB Financial Shares
Key PointsDavis Asset Management purchased 619,236 shares, This was worth $34.5 million at quarter end.FB Financial now accounts for 1.2% of fund AUM.These 10 stocks could mint the next wave of millionaires › On Nov/ 14, Davis Asset Management, L.P. disclosed a new position in FB Financial Corporati...The Motley Fool
Thu, Dec 18
Prediction: This Will Be TSMC's Stock Price in 2026
Key PointsTSMC is sitting on solid catalysts that should allow it to crush Wall Street's expectations in 2026.The healthy demand for AI chips, TSMC's capacity expansion efforts, and the potential increase in prices of its chip nodes should pave the way for robust revenue and earnings growth.10 stock...The Motley Fool
Thu, Dec 18
Cintas rises after upbeat annual forecasts
Shares of Cintas CTAS.O up about 4% at $195.75 premarket Uniform retailer raises annual revenue and profit forecasts, helped by resilient demand for its products and servicesCTAS now expects annual revenue forecast in the range of $11.15 billion to $11.22 billion vs prior range of $11.06 billion to ...Reuters
Thu, Dec 18
GLOBAL MARKETS-Stocks recover from AI-led bruising; US inflation softens
Stocks edge up in cautious trade, focus on techBoE cuts rates, ECB stays putUS CPI report for November softer than expectedBy Amanda Cooper LONDON, Dec 18 (Reuters) - Global shares rose on Thursday after benign U.S. inflation data, on the heels of a tech-sector selloff on renewed concerns over AI...Reuters
Thu, Dec 18
Chipmakers Onsemi and GlobalFoundries rise on partnership
Chipmaker Onsemi's ON.O shares rise 2.6% to $54.69 premarketGlobalFoundries' GFS.O shares rise 2.8% to $37.27 premarketON to develop GaN power devices with GFS; sampling to begin in first half of 2026GaN (gallium nitride) is a semiconductor component that enables higher power efficiency, fas...Reuters
Thu, Dec 18
Has Altria Stock Been Good For Investors?
Key PointsAltria has underperformed the S&P 500 in recent years.The stock remains a dividend powerhouse with a yield above 7%.Its future is tied to next-gen products like Njoy and On!10 stocks we like better than Altria Group › Tobacco stocks like Altria (NYSE: MO) were historically some of the best...The Motley Fool
Thu, Dec 18
US STOCKS-Wall St set for higher open as inflation eases; forecast boosts Micron
Micron up on signaling strong AI demand Trump Media up on $6 bln merger deal with TAE Technologies Birkenstock falls as FY forecasts disappointFutures up: Dow 0.55%, S&P 500 0.84%, Nasdaq 1.42%Annual consumer prices rise less than expected in NovBy Johann M Cherian and Shashwat Chauhan Dec 18...Reuters
Thu, Dec 18
U.S. STOCKS ON THE MOVE-Accenture, Darden Restaurants, Howard Hughes
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures gained on Thursday ahead of a key inflation report that could offer insight into the impact of tariffs on price pressures, while chipmaker Micron'sblowout foreca...Reuters
Thu, Dec 18
Cannabis stocks rise ahead of potential Trump order to ease marijuana restrictions
Dec 18 (Reuters) - Shares of cannabis firms rose in premarket trading on Thursday, driven by expectations that U.S. President Donald Trump will sign an executive order easing federal regulations on marijuana.Central to the debate over marijuana regulation are calls to reclassify cannabis as a less d...Reuters
Thu, Dec 18
INSTANT VIEW-US consumer prices increase less than expected in November
NEW YORK, Dec 18 (Reuters) - U.S. consumer prices rose less than expected in the year to November, and expectations for a January rate cut from the Federal Reserve inched up slightly as the report was impacted by the extended government shutdown. The Consumer Price Index rose 2.7% year-on-year in No...Reuters
Thu, Dec 18
