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EMERGING MARKETS-LatAm stocks eye strong weekly finish; Chile runoff in focus
Stocks up 0.2%, currencies flatChile set for presidential runoff on SundayMexican stocks lead gainsBy Niket Nishant Dec 12 (Reuters) - Latin American stocks rose on Friday, eyeing a positive finish to a week dominated by monetary policy decisions, including a U.S. Federal Reserve interest rate c...Reuters
Fri, Dec 12
US STOCKS-Wall Street slides; fears of AI bubble and inflation send investors away
Indexes off: Dow 0.51%, S&P 500 1.11%, Nasdaq 1.63%S&P 500, Nasdaq at more than two-week lowsBroadcom falls as margin pressures add to AI payoff jittersLululemon climbs after CEO exit, profit forecast boostBy Sinéad Carew and Johann M Cherian Dec 12 (Reuters) - Wall Street's major ind...Reuters
Fri, Dec 12
ANALYSIS-Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists
Oracle's AI spending raises valuation and debt concernsInvestors become selective in AI stock investmentsShort sellers show little appetite to ramp up bearish bets against AI stocksInvestors encouraged by broad market strength amid AI trade weaknessBy Saqib Iqbal Ahmed and Lewis Krauskopf NEW...Reuters
Fri, Dec 12
PRECIOUS-Silver falls from record peak as investors book profits
Silver hits record high at $64.64/oz Platinum climbs to 14-year peakNon-farm payrolls data due on December 16By Sarah Qureshi Dec 12 (Reuters) - Silver prices fell nearly 3% on Friday after hitting an all-time high earlier in the session, as profit-taking set in, while gold rose to a seven-week p...Reuters
Fri, Dec 12
Street View: Dollarama's raised outlook boosts investor confidence
Dollarama DOL.TO raised its annual sales forecast on Thursday, helped by demand for affordable goods among price-sensitive shoppersAt least 9 brokerages raised PT, median PT of 16 brokerages is $218 — data compiled by LSEG RESILIENT DEMAND FOR CONSUMABLES AND SEASONAL GOODS Scotiabank ("sect...Reuters
Fri, Dec 12
TD Cowen initiates coverage on Tyler Technologies with 'buy' on SaaS growth
IT solutions firm Tyler Technologies' TYL.N shares up ~1% at $458.10TD Cowen initiates coverage with "buy" ratingBrokerage sets PT at $650, implying an upside of 43.3% to stock's last closeTD Cowen sees durable ~20% software-as-a-service growth in public sector, led by cloud migrati...Reuters
Fri, Dec 12
U.S. STOCKS ON THE MOVE-GE Aerospace
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks fell on Friday, sending the S&P 500 and the Nasdaq to more than two-week lows, as Treasury yields rose following hawkish remarks from several policymakers, while Broadcom'...Reuters
Fri, Dec 12
Oracle denies report on OpenAI data center delays
Oracle denies delaying OpenAI data centers to 2028 due to shortagesInvestors worried about Oracle's debt-fueled AI infrastructure buildoutMarket sensitive to AI delays, scrutinizing spending payoffs Dec 12 (Reuters) - Oracle ORCL.N denied on Friday a media report that it was delaying OpenAI-r...Reuters
Fri, Dec 12
LIVE MARKETS-Top earners spending more while lower incomes more selective
S&P 500, Nasdaq, Dow all red; Nasdaq down mostTech biggest loser among S&P sectors; Cons staples leads gainersGold up; dollar turns lower; crude down; bitcoin off ~2.5%US 10-year Treasury yields rise to 4.19%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Fri, Dec 12
M&T Bank dips as Truist downgrades to 'hold'
Shares of lender M&T Bank MTB.N fall 0.87% to $203.96 in afternoon session after Truist downgrades stock rating to "hold" from "buy" Truist says MTB's excess‑capital advantage is no longer unique as more regional banks strengthen their balance sheetsInvestor concern persists ...Reuters
Fri, Dec 12
GLOBAL MARKETS-Stocks fall as tech fears stay; dollar up, but on track for third weekly drop
Wall Street stocks down sharply with tech sharesInvestors brace for BoE, ECB, BOJ next weekGerman bond yields rise, US yields up as wellBy Caroline Valetkevitch NEW YORK, Dec 12 (Reuters) - Major stock indexes were down sharply on Friday, with technology-related shares falling again as investors ...Reuters
Fri, Dec 12
Data center REIT Fermi drops 34% after potential customer backs out of funding deal
By Niket Nishant Dec 12 (Reuters) - Shares of Fermi FRMI.O plunged 34% on Friday after the data center real estate investment company said a prospective tenant had terminated a deal to help fund construction at its Texas site, dealing a setback to the newly listed firm. Under the terms of the ag...Reuters
Fri, Dec 12
Coty chair, CEO may exit as owner JAB plans leadership shake-up, FT reports
By Juveria Tabassum and Neil J Kanatt Dec 12 (Reuters) - Coty's COTY.N controlling shareholder, JAB Holding, is planning a leadership overhaul at the beauty company that could result in the exit of its board chair and CEO, Sue Nabi, the Financial Times reported on Friday, citing people famili...Reuters
Fri, Dec 12
FTSE 100 closes lower as Wall St mood sours
FTSE 100 down 0.6%; FTMC up 0.1%Weak British GDP data fuels rate-cut bets Dec 12 (Reuters) - London's FTSE 100 fell on Friday, as a sell-off on Wall Street fuelled by AI angst spoiled the mood across European markets. The blue-chip FTSE 100 .FTSE dipped 0.6%, retreating from gains of as much ...Reuters
Fri, Dec 12
Copper miners dive as AI bubble fears hit
Benchmark copper CMCU3 on the London Metal Exchange down 3.5% to $11,415 a metric tonCopper prices plunge after hitting a record high earlier in the session, as renewed fears of the AI bubble bursting sparked a broad sell-off of riskier assetsGlobal mining giants Rio Tinto RIO.N and BHP Group BHP.N ...Reuters
Fri, Dec 12
US STOCKS-Wall St slides as inflation worries, AI bubble fears spook investors
Indexes off: Dow 0.61%, S&P 500 1.29%, Nasdaq 1.91%S&P 500, Nasdaq at more than two-week lowsBroadcom falls as margin pressures add to AI payoff jittersLululemon climbs after CEO exit, profit forecast boostBy Johann M Cherian and Pranav Kashyap Dec 12 (Reuters) - U.S. stocks fell on F...Reuters
Fri, Dec 12
Lululemon CEO exit sparks hopes of reset at athleisure pioneer
Board seeks leader with growth and transformation experienceFounder Chip Wilson criticizes board's succession planningStock up 10% after slump this yearBy Savyata Mishra Dec 12 (Reuters) - Lululemon Athletica's LULU.O CEO shake-up has put the spotlight on the once-dominant yoga pants mak...Reuters
Fri, Dec 12
PRECIOUS-Silver falls from record peak as investors book profits
Silver hit record high at $64.64/oz Platinum climbs to 14-year peakNon-farm payrolls data due on December 16By Sarah Qureshi Dec 12 (Reuters) - Silver prices fell more than 3% on Friday after hitting an all-time high earlier in the session, as profit-taking set in, while gold eased from a sev...Reuters
Fri, Dec 12
Robo-adviser Wealthfront poised for muted Nasdaq debut
Robo-adviser Wealthfront's WLTH.O shares poised to open flat in their Nasdaq debutStock indicated to open at $14 apiece, giving WLTH a potential fully diluted valuation of $2.63 billionWLTH and some of its existing shareholders sold 34.6 million shares at the top end of the marketed range of $12...Reuters
Fri, Dec 12
Gold miners fall as bullion prices reverse course on stronger US dollar
Shares of gold miners fall, as metal prices reverse course GOL/Spot gold XAU= falls 0.2% to $4,272.97 per ouncePrices fall as U.S. dollar edges higher against other fiat currencies, making greenback-priced metals less affordable for foreign buyers USD/Top miners Newmont NEM.N and Barrick Mining ABX....Reuters
Fri, Dec 12
