News
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Nordson forecasts 2026 profit above estimates on demand for dispensing, inspection equipment
Dec 10 - Dispensing equipment maker Nordson NDSN.O forecast 2026 profit above Wall Street's estimates on Wednesday, banking on increasing demand for its advanced technology products.The Westlake, Ohio-based company expects FY26 adjusted profit to be between $10.80 and $11.50 per share, the mid-p...Reuters
Wed, Dec 10
Synopsys tops revenue estimates on strong demand for chip design tools
Dec 10 (Reuters) - Chip design software provider Synopsys SNPS.O beat analysts estimates for fourth-quarter revenue on Wednesday, driven by strong demand for its chip design tools, sending its shares up 5% in extended trading.Synopsys, whose software is used by semiconductor firms to design and veri...Reuters
Wed, Dec 10
Synopsys climbs after forecasting quarterly profit above estimates
Shares of semiconductor software design firm Synopsys SNPS.O rise 2.5% to $488.5 after hoursCo forecasts Q1 2026 adj EPS between $3.52 and $3.58, above analysts' estimates of $3.32, according to data compiled by LSEGReports quarterly revenue of $2.25 bln, compared to $1.63 bln last yearUp to se...Reuters
Wed, Dec 10
TRADING DAY-Market gives Fed resounding cheer
By Jamie McGeever ORLANDO, Florida, Dec 10 (Reuters) - The dollar sank and Wall Street rallied on Wednesday, with the small-cap Russell 2000 index surging to new highs, after the Fed cut interest rates and Chair Jerome Powell offered a positive outlook on the path for growth and inflation. More o...Reuters
Wed, Dec 10
US STOCKS-Wall Street indexes rally after Fed cuts interest rates
Indexes close higher: Dow 1.05%, S&P 500 0.67%, Nasdaq x 0.33%Federal Reserve cuts rates by 25 basis points, cites labor weakness GE Vernova surges after bullish 2026 revenue forecastBy Sinéad Carew and Johann M Cherian Dec 10 (Reuters) - Wall Street ended higher on Wednesday, after the Fede...Reuters
Wed, Dec 10
Oracle falls after second-quarter revenue misses estimates
AI cloud firm Oracle's ORCL.N shares fall 6.5% to $208.49 after bellCo misses quarterly revenue estimates, a sign that corporate spending on its cloud services may be cooling amid broader concerns of a bubble in the artificial intelligence marketReports Q2 total revenue of $16.06 billion compare...Reuters
Wed, Dec 10
GRI Bio jumps as experimental lung drug shows promise in mid-stage trial
Shares of drug developer GRI Bio GRI.O rise 18% to $1.43 in after-hours tradingCo says its experimental drug, GRI-0621, showed promising results in a mid-stage clinical trial for idiopathic pulmonary fibrosis IPF is a chronic lung disease with limited treatment options, co saysNearly 40% of treated ...Reuters
Wed, Dec 10
Australian shares set to open higher, NZ up
Dec 11 (Reuters) - Australian shares were poised to open higher on Thursday, with probable gains in local mining, gold and energy stocks supported by rising commodity prices, while investors assessed the U.S. Federal Reserve's latest rate cut and awaited the local jobs data due later in the day....Reuters
Wed, Dec 10
CANADA STOCKS-TSX posts record closing high after central bank rate decisions
TSX ends up 0.8% at 31,490.85Eclipses last Thursday's record closing highBoC leaves policy rate on hold at 2.25%Financials add 1.1%, tech gains 1.6%By Fergal Smith TORONTO, Dec 10 (Reuters) - Canada's main stock index rose to a record high on Wednesday, helped by gains for financial a...Reuters
Wed, Dec 10
Apparel firm Oxford Industries' Q3 revenue slightly beats expectations
OverviewApparel company's fiscal Q3 revenue slightly beat analyst expectationsAdjusted loss per share for fiscal Q3 comes in better than analyst expectationsCompany's GAAP EPS loss includes $61 mln noncash impairment charges related to Johnny WasOutlookOxford Industries revises fiscal 2025 n...Reuters
Wed, Dec 10
Oracle reports higher quarterly remaining performance obligations
Dec 10 (Reuters) - Oracle ORCL.N on Wednesday reported higher remaining performance obligations for the second quarter, driven by robust demand for its cloud infrastructure services as businesses race to adopt artificial intelligence.The company reported remaining performance obligations of $523 bil...Reuters
Wed, Dec 10
LIVE MARKETS-Stocks jump, S&P 500 just misses all-time closing high after Fed rate cut
All three major U.S. indexes gain, Dow out frontIndustrials lead sector gainers; cons staples, utilities close redCrude, gold gain; dollar, bitcoin dipUS 10-year Treasury yields slip to 4.15%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your...Reuters
Wed, Dec 10
Morningstar says cost savings from Auswide merger to boost profit growth for Australia's MyState
Morningstar expects strong earnings growth for MyState MYS.AX in fiscal 2026 and 2027, with cost savings from the February 2025 acquisition of Auswide Bank underpinning the earnings growth forecastsHowever, the market is likely awaiting further progress on cost-out from merger integration, adds the ...Reuters
Wed, Dec 10
US STOCKS-Indexes close higher after Fed cuts interest rates
Indexes rally after Federal Reserve policy updateFed cuts rates by 25 basis points GE Vernova surges after bullish 2026 revenue forecastOracle, Broadcom results awaited this weekBy Sinéad Carew and Johann M Cherian Dec 10 (Reuters) - Wall Street ended higher on Wednesday, after the Federal Reser...Reuters
Wed, Dec 10
EMERGING MARKETS-LatAm assets fall on Fed policy outlook; Brazil rate verdict also on tap
Stocks down 0.2%, currencies fall 0.25%Brazil's 12-month inflation slows in NovemberChile heads for presidential run-off on SundayMexico's economy resilient as domestic risks rise, cenbank saysBy Niket Nishant and Nikhil Sharma Dec 10 (Reuters) - Latin American assets edged down on W...Reuters
Wed, Dec 10
PRECIOUS-Gold gains after Fed rate cut, silver hits all-time peak
US central bankers split, with median seeing one rate cut in 2026Fed's Powell says rate policy well positionedSilver hits record high of $61.85/ozBy Ashitha Shivaprasad and Anushree Mukherjee Dec 10 (Reuters) - Gold prices reversed course to rise on Wednesday after the Federal Reserve’s rate ...Reuters
Wed, Dec 10
GLOBAL MARKETS-Stocks add to gains, yields extend declines as Fed cuts rates
Fed cuts rates by 25bps Stocks up, dollar stays lowerPowell says rate policy well positionedBy Caroline Valetkevitch NEW YORK, Dec 10 (Reuters) - Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled...Reuters
Wed, Dec 10
SOFTS-Cocoa hits one-month high ahead of index entry
LONDON, Dec 10 (Reuters) - Cocoa futures on the ICE exchange hit one-month highs on Wednesday amid market chatter that the contracts' inclusion in a major commodities index next year will boost prices. COCOANew York cocoa CCc2 settled $339, or 5.8%, higher at $6,221 a metric ton, having h...Reuters
Wed, Dec 10
US STOCKS-S&P 500 gains ground after Fed cuts interest rates
Indexes: Dow up 0.61%, S&P 500 up 0.27%, Nasdaq down 0.06%Federal Reserve cuts rates by 25 basis pointsGE Vernova surges after bullish 2026 revenue forecastOracle, Broadcom results awaited this weekBy Sinéad Carew and Johann M Cherian Dec 10 (Reuters) - The S&P 500 gained ground on Wedne...Reuters
Wed, Dec 10
Fed's Powell: Outlook for Employment and Inflation Have Not Changed Much; Inflation Has Eased but Remains "Somewhat Elevated"
Powell says that available data show that the outlook for employment and inflation have not changed much since the last meeting. He nods to the disruption of data due to the federal shutdown.Powell emphasizes that the decision about upcoming Treasuries purchases is solely related to the purpose of m...Tiger News
Wed, Dec 10
