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Sable Offshore surges as it confirms pipeline activation
Shares of U.S.-based oil and gas company Sable Offshore SOC.N surge 50% to $7.88 premarketCompany receives confirmation from the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) that its pipeline connecting the Santa Ynez Unit to the Pentland Sta...Reuters
Thu, Dec 18
Kemper down after William Blair downgrades stock to 'underperform'
Shares of U.S. insurance provider Kemper Corp KMPR.N fall 3% to $39.92 premarketWilliam Blair downgrades stock to "underperform" from "marketperform"Brokerage says co faces dual threat of overexposure to a worsening California market and big competitors coming down into the non-stand...Reuters
Thu, Dec 18
US STOCKS SNAPSHOT-Futures rise after softer CPI boosts rate-cut bets
Dec 18 (Reuters) - U.S. stock index futures extended their gains on Thursday, as a softer-than-anticipated inflation report reinforced market expectations of future interest rate cuts by the Federal Reserve.A Labor Department report showed the Consumer Price Index (CPI) rose 2.7% on an annual basis ...Reuters
Thu, Dec 18
Is AutoNation's Move Proof Toyota Was Right All Along?
Key PointsThe car dealer chain made an unusual move when it purchased a Toyota franchise.Toyota is taking a different strategic route with its more balanced approach to hybrids and EVs.Hybrids are more profitable than EVs, and sometimes even more than gasoline-powered counterparts.10 stocks we like ...The Motley Fool
Thu, Dec 18
CAMP4 Therapeutics drops after $30 mln stock sale, GSK deal
Shares of CAMP4 Therapeutics CAMP.O down 6% premarket to $6.70 after announcing $30 mln equity raise, strategic collaboration with British drugmaker GSK GSK.L Cambridge, Massachusetts-based biopharma announces pricing offering of 5 mln shares at $6 for anticipated continued development of its p...Reuters
Thu, Dec 18
PayPal falls after Morgan Stanley cuts to 'underweight'
Payments firm PayPal's PYPL.O shares down 1.6% at $59.22 premarket, after Morgan Stanley downgrades to 'underweight'Cuts PT to $51 from $74, lowest among brokerages covering the stock and implying a 15% downside from last close - data compiled by LSEG Morgan Stanley says co moved too slo...Reuters
Thu, Dec 18
REFILE-Lululemon surges on Elliott's $1 billion bet ahead of leadership change
Dec 18 (Reuters) - Lululemon Athletica LULU.O shares rose nearly 8% in premarket trading on Thursday after reports Elliott Management has built a $1 billion stake in the athleisure wear maker and is working with former Ralph Lauren RL.N executive Jane Nielsen for a potential CEO role.The Canada-base...Reuters
Thu, Dec 18
CarMax falls as quarterly profit, revenue dip
Shares of used-car retailer CarMax KMX.N fall nearly 8.2% to about $37.7 premarketKMX reports drop in Q3 revenue and profit, hurt by weaker demand and falling prices of used vehicles in the U.S.Posts Q3 earnings per diluted share of 43 cents, versus 81 cents a year agoReports Q3 revenue of $5.79 bln...Reuters
Thu, Dec 18
Brokerages raise Albemarle PT on higher energy storage systems demand
Brokerage RBC Capital Markets and Citigroup raise price targets on lithium miner Albemarle ALB.N RBC raises PT to $150 from $100; an 11.3% upside to the stock's last closeCitigroup raises PT to $150 from $100; also an 11.3% upside to the stock's last closeShares of the lithium miner rose 1% ...Reuters
Thu, Dec 18
The Smartest Growth Stock to Buy With $1,000 Right Now
Key PointsThis successful fintech enterprise operates two different segments that have huge addressable markets. Prospective investors might need to become bullish on a top cryptocurrency if they want to own this stock. Compared to 12 months ago, the shares trade at a much more attractive valuation....The Motley Fool
Thu, Dec 18
BP taps Woodside's Meg O'Neill as CEO after abrupt Auchincloss exit
BP appoints Meg O'Neill as its first female CEO from April 1BP chair calls for transformative changesCarol Howle to serve as interim CEO until O'Neill startsBy Sheila Dang and Stephanie Kelly Dec 18 (Reuters) - BP BP.L has tapped Woodside Energy's WDS.AX Meg O'Neill as its next CE...Reuters
Thu, Dec 18
Spire Global jumps after securing Missile Defense Agency contract
Shares of satellite operator Spire Global SPIR.N up 11.3% at $7.81 premarket after securing Missile Defense Agency SHIELD IDIQ contractSpire awarded a spot on SHIELD indefinite-delivery/indefinite-quantity contract with a ceiling of $151 bln, company saysContract enables rapid delivery of innovative...Reuters
Thu, Dec 18
Howard Hughes to buy Vantage for $2.1 billion, shares rise
Shares of real estate company Howard Hughes Holdings HHH.N rise nearly 2.5% to about $85 premarketBill Ackman-backed company says it will buy specialty insurance firm Vantage for about $2.1 billionSays it will fund deal with cash and up to a $1 billion loan from Ackman-backed hedge fund, Pershing Sq...Reuters
Thu, Dec 18
Morgan Stanley upgrades Motorola Solutions to 'overweight'
Morgan Stanley upgrades telecom equipment firm Motorola Solutions MSI.N to "overweight" from "equal-weight"Brokerage cuts PT to $436 from $471, still implying an upside of 16.4% to stock's last closeMorgan Stanley cites valuation to continued tech investment in public safety, One...Reuters
Thu, Dec 18
Citi upgrades Sherwin-Williams, raises price target for PPG Industries
Citi upgrades rating for global paint supplier Sherwin-Williams SHW.N and raises price target of peer PPG Industries PPG.NFor the paints and coatings industry, Citi sees limited M&A activity, organic growth focus, and selective bolt-on deals as the dominant strategy, with housing recovery and ra...Reuters
Thu, Dec 18
Where Will Tesla Be in 1 Year?
Key PointsTesla's production ramp, including Cybercabs, must be supported by regulatory approvals. The company is likely to have a stronger second half in 2026 than its first.This could be the year that Tesla finally delivers on its unsupervised full self-driving and robotaxi aims. These 10 stocks c...The Motley Fool
Thu, Dec 18
FuelCell Energy rises after Q4 revenue jumps, loss narrows
Shares of renewable power company FuelCell Energy FCEL.O rise 5.1% premarket to $8.3 on ThursdayCo posts Q4 revenue of $55 mln up 12% y/yNet loss narrows to $29.3 mln, compared with a loss of $39 mln a yr earlier"Our strategy is deeply focused on the data centre market where we see significant o...Reuters
Thu, Dec 18
LIVE MARKETS-UBS using AI to track central bankers' tone
STOXX 600 up 0.3%Cenbanks, US data eyedBlowout forecast from MicronNasdaq futures edge up Welcome 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 UBS USING AI TO TRACK CENBANK POLICYMAKE...Reuters
Thu, Dec 18
Mizuho downgrades Evergy to 'neutral', cuts PT; shares fall
Shares of utility Evergy EVRG.O down 1.4% at $72.5 premarketBrokerage Mizuho downgrades EVRG to "neutral" from "outperform", cuts PT to $76 from $86New PT represents upside of 3.2% to stock's last closeWhile the utility has more than 15 GW large customer pipeline, the load will c...Reuters
Thu, Dec 18
