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LIVE MARKETS-Marvell, Carvana among top candidates for S&P 500 additions - Stephens
Nasdaq, S&P 500 up slightly; Dow edges redIndustrials lead S&P sector gainers; Consumer staples weakest groupDollar up slightly, gold edges down ; U.S. crude gains >1%; bitcoin off ~2%US 10-Year Treasury yield rises to ~4.11%Welcome to the home for real-time coverage of markets brought t...Reuters
Thu, Dec 4
Street View: Dollar Tree's multi-price strategy thrives amid tariff challenges
Dollar Tree DLTR.O raised its annual profit forecast and beat quarterly estimates on Wednesday, as the discount retailer bets on steady demand for its affordable essentials to offset the impact of tariff-led uncertaintyAverage rating of 27 analysts is "hold"; median PT is $116 - data compile...Reuters
Thu, Dec 4
Citi upbeat on Australia's NEXTDC after media report OpenAI to anchor co's Sydney data centre
Citi sees a confidence boost in NEXTDC NXT.AX after media reports that Wall Street's AI darling OpenAI has signed a deal with the Australian data centre operatorOn Thursday, a media report said that the ChatGPT owner has signed a deal as anchor tenant for NXT's 650 Megawatt data centre in Ea...Reuters
Thu, Dec 4
Street View: Macy's forecast raise boosts investor confidence in turnaround
Macy's M.N raised its annual sales and profit targets on Wednesday, as the department store operator begins to see returns from its months-long turnaround effortsAt least 4 brokerages raised PT, median PT of 13 brokerages is $22 - data compiled by LSEG RESILIENT CONSUMER DEMAND DESPITE TARIF...Reuters
Thu, Dec 4
PRECIOUS-Gold steady as rising yields offset dollar weakness; PCE data in focus
US weekly jobless claims drop to over 3-year lowGold will not retest the old highs, analyst saysUS private payrolls fell by 32,000, jobs data showedBy Anmol Choubey Dec 4 (Reuters) - Gold prices were largely unchanged on Thursday, as rising U.S. Treasury yields offset support from a weaker dollar...Reuters
Thu, Dec 4
U.S. STOCKS ON THE MOVE-Raymond James, CAVA, Paramount Skydance
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's major indexes were mostly flat on Thursday, as investors reviewed fresh labor-market signals and firmed up their expectations for a possible Federal Reserve rate cut next w...Reuters
Thu, Dec 4
TD Bank rises after strong Q4 results
Shares of Canadian lender TD Bank TD.TO up 1.7% at C$119.66 TD topped analyst estimates for fourth-quarter profit, boosted by strong performance in its capital markets businesses Co reported adj net income of C$2.18, compared with C$1.72 a year agoCo reported net interest income of C$8.59 billion ($...Reuters
Thu, Dec 4
LIVE MARKETS-Truist sees high single to low double-digit gains in 2026
Nasdaq, S&P 500 up slightly; Dow edges redIndustrials lead S&P sector gainers; Consumer staples weakest groupEuro STOXX 600 index rises ~0.5%Dollar, gold up slightly; U.S. crude gains ~1.6%; bitcoin off ~1.8%US 10-Year Treasury yield rises to ~4.10%Welcome to the home for real-time coverage...Reuters
Thu, Dec 4
Raymond James gains after unveiling $2 billion buyback program
Shares of wealth manager Raymond James RJF.N rise 2.7% to $163.06 RJF announced a buyback program of up to $2 billion late Wednesday Repurchases may be made both through the open market and privately negotiated transactionsRJF also boosted its quarterly cash dividend by 8% to 54 cents per shareFive...Reuters
Thu, Dec 4
UK stocks rise on boost from industrials and financials
FTSE 100 up 0.2%, FTSE 250 rises 0.3%Burberry gains after HSBC raises PTDiageo shares fall as UBS cuts target price Dec 4 (Reuters) - UK stocks edged higher on Thursday, boosted by gains in industrials and financials shares, while investors assessed corporate updates and economic data ahead of th...Reuters
Thu, Dec 4
Cinctive Capital Management up 12% for year to end November, says source
LONDON, Dec 4 (Reuters) - U.S.-based hedge fund Cinctive Capital Management finished November up 4%, putting the fund up 12% for 2025 so far, said a source familiar with the matter on Thursday.Cinctive, a multi-strategy hedge fund had gains with bets related to investments in health care, technology...Reuters
Thu, Dec 4
US STOCKS-Wall Street mostly flat as Fed watchers digest jobs data
Indexes: Dow fell 0.14%, S&P 500 down 0.07%, Nasdaq down 0.01% Hormel Foods rises after annual profit forecast above estimatesSalesforce climbs as FY26 outlook gets boostInvestors assess a series of labor market dataBy Johann M Cherian and Pranav Kashyap Dec 4 (Reuters) - Wall Street's ma...Reuters
Thu, Dec 4
Synchronoss Technologies soars as Lumine Group announces acquisition
Shares of cloud solutions provider Synchronoss Technologies SNCR.O soar 64.7% to $8.73 Lumine Group LMN.V to buy SNCR in an all-cash deal with an equity value of about $116.4 mln, based on cash price of $9.00 per share, LMN saysDeal has an enterprise value of about $258.4 mln, and is expected to clo...Reuters
Thu, Dec 4
Cotton hits over one-week low on weak export sales data, wider market sentiment
Dec 4 (Reuters) - ICE cotton futures fell to their lowest level in over a week on Thursday as a lackluster export sales report and broader market weakness weighed on sentiment.Cotton contracts for March CTH6 fell 0.19 cent, or 0.3%, at 64.27 cents per lb at 11:11 a.m. ET (16:11 GMT). The contract fe...Reuters
Thu, Dec 4
Snowflake tumbles on slower quarterly product revenue growth forecast
Dec 4 (Reuters) - Snowflake SNOW.N shares slumped 11% on Thursday after the cloud data analytics company forecast slower product revenue growth for the fourth quarter, partly hit by discounts offered on the large, long-term deals.If losses hold, around $10 billion of the company's market value c...Reuters
Thu, Dec 4
LIVE MARKETS-Fresh labor numbers, stale factory data
U.S. stock indexes mixed, Dow slightly redIndustrials lead S&P sector gainers; cons staples biggest laggardEuro STOXX 600 index rises ~0.5%Dollar, gold edge up; crude gains >1%; bitcoin off >1%US 10-Year Treasury yield rises to ~4.10%Welcome to the home for real-time coverage of markets b...Reuters
Thu, Dec 4
Hoyne Bancorp jumps in Nasdaq debut after mutual-bank conversion
U.S. lender Hoyne Bancorp HYNE.O jumps as much as 36.4% in Nasdaq debutStock opens at $13.35 apiece vs $10 offer price; last up 34.2% at $13.42HYNE sold 7.94 million shares for gross proceeds of $79.4 million in its stock offering HYNE's listing is aimed at transitioning the lender from a deposi...Reuters
Thu, Dec 4
Truist starts coverage on Cava with 'buy' rating
Truist Securities initiates coverage on restaurant chain Cava group CAVA.N with "buy" rating and a price target of $66 Shares of CAVA rise nearly 1% to about $55 New PT an upside of 21.1% from stock's last close Brokerage sees CAVA's same-store sales rebounding to 4.5% by...Reuters
Thu, Dec 4
LKQ explores sale of Specialty segment; shares fall
Shares of auto parts supplier LKQ LKQ.O down 1.2% at $29 in morning tradeCo says it is exploring the potential sale of its Specialty segment"Current market conditions present an attractive environment to assess divestiture options and ensure we maximize the value of this best-in-class business,&...Reuters
Thu, Dec 4
GLOBAL MARKETS-Stocks higher, dollar to extend losing streak, as markets weigh rate cuts
Fed expected to cut rates amid weak economic dataU.S. dollar index set for 10th straight session of lossesJapanese stocks lead gains, Nikkei up 2%By Chibuike Oguh and Amanda Cooper NEW YORK/LONDON, Dec 4 (Reuters) - Global shares edged up on Thursday, powered by expectations that a U.S. rate cut ...Reuters
Thu, Dec 4
