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Oracle falls on report co's data centers for OpenAI delayed to 2028
Shares of AI cloud firm Oracle ORCL.N fall 5.4% to $188.31ORCL pushes back completion dates for some of the data centers for OpenAI to 2028 from 2027, Bloomberg News reports citing people familiar with the matterThe delays are largely due to labor and material shortages, the report saysUp to last cl...Reuters
Fri, Dec 12
US natgas companies down on milder weather forecasts, lower demand
Shares of U.S. natural gas companies down, tracking a fall in natgas futures NGA/U.S. natgas futures NGc1 down 2.5% at $4.13 per million British thermal unit, their lowest level since November 3. The contract is down 22% so far this weekNatgas prices fall to more than a one-month low, on track for t...Reuters
Fri, Dec 12
Lightpath Technologies slides after $60 million share sale
Optics and imaging systems provider LightPath Technologies' LPTH.O shares drop 8.6% to $8.34LPTH announces pricing of public offering of 7.75 million shares at $7.75 apiece for gross proceeds of nearly $60 millionOffering priced at 15% discount to stock's last closeCanaccord Genuity and Crai...Reuters
Fri, Dec 12
EMERGING MARKETS-LatAm assets set for weak finish to policy-heavy week; Brazil and Peru defy trend
Stocks down 0.3%, currencies flatChile set for presidential runoff on SundayArgentine stocks gainBy Niket Nishant Dec 12 (Reuters) - Stock benchmarks in Brazil and Peru bucked weakness in Latin America on Friday, as regional assets looked set to end a week packed with monetary policy decisions o...Reuters
Fri, Dec 12
TD Cowen raises Southwest Airlines' estimates on management execution, shares climb
Southwest Airlines LUV.N shares rise 3.1% to $42TD Cowen raises airline's FY26 estimates on more confidence from mgmt's Q4 execution and macro backdrop; expects FY26 adj. EPS of $3.81 vs $2.77 previouslyBrokerage says co would have hit the midpoint of their EBIT guidance, if not for shutdown...Reuters
Fri, Dec 12
Broadcom shares fall as margin warning sparks AI payoff worries
By Zaheer Kachwala and Joel Jose Dec 12 (Reuters) - Broadcom shares AVGO.O fell more than 11% on Friday after the chipmaker warned growing sales of lower-margin custom AI processors were squeezing profitability, sparking worries that the business may be less lucrative.The warning on margin impac...Reuters
Fri, Dec 12
Mizuho cuts BXP's PT on $1 bln debt maturity, market headwinds
Mizuho cuts real estate investment trust BXP's BXP.N price target to $79 from $82, reiterates "outperform" rating New PT still represents an upside of 10.3% from stock's last close Mizuho faces pressure from dilutive asset sales and higher interest expenses due to $1 billion...Reuters
Fri, Dec 12
Oracle Shares Drop over 5% as Some Oracle Data Centers For OpenAI Delayed To 2028 From 2027
Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence model developer OpenAI to 2028 from 2027, according to people familiar with the work, Bloomberg reported.The delays are largely due to labor and material shortages, said the...Tiger News
Fri, Dec 12
PRECIOUS-Silver scales record high as gold gains to hit seven-week peak
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 hit a record high on Friday as gold prices rose more than 1% to hover at a seven-week peak, spurred by a softer dollar and this week's Federal...Reuters
Fri, Dec 12
EU to scrap planned ban on combustion engines, EPP's Weber says
Alternative plan for 90% reduction in CO2 emissionsEU Commission to present plans on December 16Automakers have lobbied to drop combustion engine banElectric vehicle boom is behind expectationsEuropean auto shares riseBy Tilman Blasshofer and Timm Reichert HEIDELBERG, Germany, Dec 12 (Reuters) - ...Reuters
Fri, Dec 12
Rivian shares surge as analysts cheer shift to custom self-driving chip, AI strategy
Dec 12 (Reuters) - Shares of Rivian Automotive RIVN.O surged 18% on Friday as analysts issued bullish commentary on the electric pickup truck and SUV maker's efforts to develop a custom chip for self-driving features and its integration of artificial intelligence.The stock had closed about 6% lo...Reuters
Fri, Dec 12
Citigroup's turnaround progress wins a thumbs-up from J.P. Morgan
J.P. Morgan upgrades Citi to "overweight" from "neutral"Citi shares outperform with 59% gain so far in 2025Banks seen gaining from solid economy, strong markets in 2026By Manya Saini, Niket Nishant and Tatiana Bautzer Dec 12 (Reuters) - Citigroup C.N was upgraded by analysts at J...Reuters
Fri, Dec 12
Top Calls on Wall Street: Broadcom, Citigroup, Costco, Micron Technology, Amazon, Disney, Boeing & More
Here are the biggest calls on Wall Street on Friday:Cantor upgrades SoundHound to overweight from neutralCantor says investors should buy the dip.“We raise our rating on SOUN to OW (from Neutral) and raise our 12-month PT to $15 (from $13), and would take advantage of the recent pullback in shares.”...Tiger News
Fri, Dec 12
CANADA STOCKS-Cannabis, mining shares lift TSX to record high
By Twesha Dikshit and Avinash P Dec 12 (Reuters) - Canada's benchmark stock index hit a fresh intraday peak on Friday, with cannabis and mining shares leading gains, ending a week filled with central bank meetings. The TSX index .GSPTSE was up 0.2% at 31,731.35 points by 09:38 a.m. ET, and s...Reuters
Fri, Dec 12
VivoPower gains on Ripple Labs joint venture deal
Shares of power infrastructure developer VivoPower VVPR.O jump 13.7% to $2.89 as it announces a joint venture with South Korea's Lean Ventures to invest in Ripple LabsThe partnership includes the establishment of a dedicated investment vehicle aiming to acquire $300 million worth of Ripple Labs ...Reuters
Fri, Dec 12
Why AeroVironment Stock Sank This Week
Key PointsAeroVironment achieved sales growth of 151% in the second quarter, powered by its recent acquisition of BlueHalo.However, its profits fell short of expectations, so the stock got walloped.From a longer-term perspective, though, the new-look AeroVironment looks stronger than ever.10 stocks ...The Motley Fool
Fri, Dec 12
Gold miners gain as bullion rises on rate cut bets
Shares of gold miners rise, tracking prices of the precious metal GOL/Spot gold XAU= up 1% at $4,327.31 per ouncePrices rises bolstered by a soft dollar, expectations of interest rate cuts and safe-haven demand prompted by geopolitical turbulenceTop miners Newmont NEM.N and Barrick Mining ABX.TO gai...Reuters
Fri, Dec 12
Rivian surges on bullish analyst comments after first Autonomy and AI Day
Shares of Rivian Automotive RIVN.O up 16% at $19.06 after bullish analyst commentary post its first Autonomy and AI DayRIVN on Thursday debuted a new custom chip for self-driving and a paid self-driving technology package"The event exceeded our expectations & cements our view for RIVN to bec...Reuters
Fri, Dec 12
