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From bankruptcy fears to S&P 500: Carvana outvalues Detroit giants
Carvana's market value exceeds Ford and GMStock jumps over 8,000% since 2022 lowsCarvana's S&P 500 inclusion expected to lift index-tracking fund purchasesBy Medha Singh Dec 8 (Reuters) - Carvana, the pioneering online used-car dealer known for its iconic car vending machines, is ...Reuters
Mon, Dec 8
Instacart rises after launching app on ChatGPT
Shares of online grocery delivery platform Instacart CART.O rise as much as 1.1% to $44.68, last up 0.5%Co launches app on OpenAI's ChatGPT, aiding consumers to now shop from more than 1,800 retailers directly within ChatGPTInstacart ChatGPT app experience with instant checkout is currently avai...Reuters
Mon, Dec 8
Berkshire Hathway's shares drop after CFO departure announcement
Shares of Berkshire Hathaway BRKa.N ease 2.2% to $738,590 on Monday after it announces the departure of longtime chief financial officer Marc HamburgBRKa is on track for biggest daily pct decline since Aug. 4 and lowest close since Nov. 6Hamburg, who joined BRKa in 1987, will retire on June 1, 2027 ...Reuters
Mon, Dec 8
Employers Across APME Signal Intentional Growth as Hiring Outlook Improves to +31% for Q1 2026: Latest ManpowerGroup Employment Outlook Survey
The Net Employment Outlook (NEO) for Q1 2026 in Asia Pacific and the Middle East (APME) stands at +31%. With an NEO of +38%, the Information sector and Finance & Insurance sector leads hiring intentions, followed by Tech & IT Services (+37%), and Professional, Scientific & Technical Se...PR Newswire
Mon, Dec 8
Energy companies fall amid ongoing Ukraine talks
S&P 500 energy index .SPNY falls 0.7% as oil prices edge lowerBrent crude LCOc1 down 1.46% at $62.82/barrel and U.S. West Texas Intermediate (WTI) crude futures CLc1 dips 1.5% at $59.17/barrelOil prices fall as investors monitor ongoing talks to end the war in Ukraine and ahead of an expected U....Reuters
Mon, Dec 8
GLOBAL MARKETS-US yields, dollar rise after Japan earthquake; investors eye Fed rate cut this week
Wall Street stocks down earlyFed expected to deliver rate cut on WednesdayRates set to stay on hold in Canada, Switzerland, AustraliaBy Caroline Valetkevitch NEW YORK, Dec 8 (Reuters) - U.S. Treasury yields rose and the dollar gained against the Japanese yen on Monday as investors assessed the po...Reuters
Mon, Dec 8
US STOCKS-US stocks drop on higher Treasury yields, caution ahead of Fed rate decision
Indexes off: Dow 0.35%, S&P 500 0.32%, Nasdaq 0.18%Paramount Skydance launches a hostile bid for Warner BrothersConfluent jumps after report IBM nears $11 bln buyout dealOppenheimer sets Street-high 8,100 S&P 500 target for 2026By Johann M Cherian and Pranav Kashyap Dec 8 (Reuters) - Wall...Reuters
Mon, Dec 8
UK stocks dip ahead of Fed, BoE rate decisions
Homebuilder stocks fall the mostUnilever dips after Magnum Ice Cream spinoffFTSE 100 down 0.2%, FTSE 250 down 0.7% Dec 8 (Reuters) - The main UK stock indexes slipped on Monday as investors geared up for interest rate decisions from the U.S. Federal Reserve and the Bank of England. The blue-c...Reuters
Mon, Dec 8
PRECIOUS-Gold inches lower as investors show caution ahead of FOMC meeting
Fed to decide on rate cut at two-day meetingEuropean leaders meet Ukraine's Zelenskiy in LondonMarkets price in 90% chance of Dec rate cutBy Sarah Qureshi and Arunima Kumar Dec 8 (Reuters) - Gold prices edged slightly down on Monday as investors stayed cautious ahead of the U.S. Federal Reser...Reuters
Mon, Dec 8
Air Products,Yara in talks to partner in ammonia project; shares fall
Shares of industrial gas company Air Products APD.N fall 7.2% to $241.95 APD in talks with Norwegian fertilizer producer Yara International YAR.OL to combine its low-emission ammonia projects in the U.S. and Saudi Arabia with Yara's world-scale ammonia networkYara will acquire ammonia productio...Reuters
Mon, Dec 8
LIVE MARKETS-Decennial pattern shows less bullish 2026
Stocks red; Dow off mostComm svcs down most among S&P sectors; Tech sole gainer STOXX 600 off ~0.1%Dollar edges up; gold slips; bitcoin turns lower, crude down ~1.5%U.S. 10-year Treasury yields rise to 4.18%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters...Reuters
Mon, Dec 8
BUZZ US STOCKS ON THE MOVE-Tesla, Warner Bros Discovery, Netflix
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed on Monday as investors treaded cautiously ahead of a widely expected Federal Reserve rate cut later this week in a meeting that is shaping up to be ...Reuters
Mon, Dec 8
Carvana, CRH hit record high on S&P 500 inclusion
Shares of Carvana CVNA.N rise 9% to $435.69, while CRH CRH.N adds 5.8% to $126.47, both hitting record highOnline used-car retailer CVNA and construction materials maker CRH set to join the S&P 500 .SPX, effective prior to the opening of trade on December 22Construction firm Comfort Systems USA ...Reuters
Mon, Dec 8
Truist initiates OneMain with 'buy'
Truist Securities initiates coverage of personal loan provider OneMain Holdings OMF.N with a "buy" rating and a $75 PT, which is a 16% upside from its last close Brokerage cites disciplined underwriting, strong capital returns and a potential catalyst from its industrial loan company bank ...Reuters
Mon, Dec 8
Incyte down after investors set high expectations for blood cancer therapy trial
Shares of drugmaker Incyte INCY.O fall 4% to $98.40INCY said on Sunday its experimental antibody therapy, INCA033989, showed significant reductions in spleen size and symptoms in patients with a type of rare blood cancer William Blair says "with Incyte shares up over 20% over the past two months...Reuters
Mon, Dec 8
US natgas companies drop on milder weather forecast
U.S. natgas futures NGc1 fell 5.7% to $4.987 per million British thermal unitNatgas prices fell on forecasts for less cold weather over the next two weeks than previously expected, near-record output, ample amounts of gas in storage and lower prices around the worldShares of natgas companies: Chenie...Reuters
Mon, Dec 8
LIVE MARKETS-Charging into the holidays: Consumer credit outstanding
Stocks turn red; Dow off mostTech biggest gainer among S&P sectors; Comm svcs down mostSTOXX 600 off ~0.1%Dollar inches higher; gold, crude slip; bitcoin reverses to be modestly lowerU.S. 10-year Treasury yields rise to 4.18%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Mon, Dec 8
SOFTS-Robusta coffee hits 2-1/2 month low, London cocoa climbs
LONDON, Dec 8 (Reuters) - Robusta coffee prices fell to a 2-1/2 month low on Monday as the harvest in top grower Vietnam picked up after recent delays caused by storms and flooding. COFFEERobusta coffee LRCc2 fell 1.8% to $4,104 a metric ton by 1534 GMT after setting a 2-1/2 month low of $4...Reuters
Mon, Dec 8
Structure's obesity pill shows up to 11.3% weight loss in study, shares double
By Puyaan Singh Dec 8 (Reuters) - Structure Therapeutics GPCR.O said on Monday its obesity pill showed weight loss of up to 11.3% after 36 weeks of treatment in a mid-stage study, driving the company's shares more than 140% higher.Biotechs are vying for a piece of the lucrative obesity treatm...Reuters
Mon, Dec 8
Oppenheimer sets Street-high 8,100 S&P 500 target for 2026
Dec 8 (Reuters) - Oppenheimer Asset Management on Monday set a year-end 2026 target of 8,100 for the S&P 500 index .SPX, the most bullish forecast among major Wall Street brokerages, citing expectations of strong corporate earnings and continued resilience in the U.S. economy.The target implies ...Reuters
Mon, Dec 8
