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GLOBAL MARKETS-World stocks lose steam after Fed pivot fervour peters out
Nikkei gains, China blue chips hit three-year top Market implies 84% chance of Fed rate cut in SeptDollar and yields steady after Friday's fall By Nell Mackenzie LONDON, Aug 25 (Reuters) - Euphoria over the September prospect of a U.S. interest rate cut petered out on Monday, sending U.S. s...Reuters
11 minutes ago
Vital Energy rises on $3.1 billion acquisition by Crescent Energy
** Shares of Vital Energy VTLE.N rise 11.5% to $17.61 premarket** Crescent Energy CRGY.N says it will acquire Vital Energy VTLE.N in an all-stock deal for $3.1 billion, including debt ** The deal represents a premium of 20% as per stock's last close ** Crescent shareholders will own about ...Reuters
16 minutes ago
CORRECTED-SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Aug 25 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN closed up 0.4% at 81,635.91, while the broader NSE index .NSEI also advanced 0.4% to 24,967.75, as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate cut buoyed prospects for risk assets globally. .BORUPEE: The Indian rupee ...Reuters
18 minutes ago
CORRECTED-SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Aug 25 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN closed up 0.4% at 81,635.91, while the broader NSE index .NSEI also advanced 0.4% to 24,967.75, as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate cut buoyed prospects for risk assets globally. .BORUPEE: The Indian rupee ...Reuters
19 minutes ago
Orsted shares sink to record lows after US halts near-complete offshore wind farm
OPENHAGEN, Aug 25 (Reuters) - Shares in Orsted ORSTED.CO slid 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island, adding to concerns about the future of the U.S. offshore wind market as President Donald Trump curbs investment in renewable energy.Reuters
23 minutes ago
Figma draws 'neutral' ratings as Wall Street flags lofty valuation, rising competition
Aug 25 (Reuters) - Wall Street brokerages on Monday started their coverage of Figma FIG.N with neutral ratings, as they weighed the design software maker's lofty valuation amid stiff competition against its potential for artificial intelligence-driven growth.Reuters
24 minutes ago
Modivcare plunges as Nasdaq to delist stock amid bankruptcy filing
** Shares of healthcare service provider Modivcare MODV.O fall 48% to 55 cents premarket** MODV late on Friday received notice from Nasdaq that it will be delisted due to filing for Chapter 11 bankruptcy** Co filed for bankruptcy protection last week to restructure its finances** MODV also failed to...Reuters
25 minutes ago
US STOCKS-US stock futures dip as Powell-led momentum stalls
Futures down: Dow 0.19%, S&P 500 0.22%, Nasdaq 0.31%Keurig Dr Pepper slides after deal to buy Dutch JDE Peet's Intel gains as US moves to acquire 10% equity stakePDD Holdings rises after quarterly revenue beats estimatesBy Johann M Cherian and Sanchayaita Roy Aug 25 (Reuters) - U.S. stoc...Reuters
26 minutes ago
SNAPSHOT-India stocks, rupee, swaps, call at close
Aug 25 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was up 0.4% to 81635.91, while the broader NSE Nifty 50 index .NSEI advanced 0.39% to 24967.75, as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate cut buoyed prospects for risk assets globally. .BORUPEE: The Indian rupee ...Reuters
28 minutes ago
UPS Stock Continues to Fall in 2025. Is There Room for Recovery?
Key PointsTariff uncertainty, growing competition in the carrier space, and a union agreement has battered shares of the brown box giant. The company is in the midst of an aggressive cost savings plan that could save it $3.5 billion. Growth in B2B and healthcare logistics could help it replace shrin...The Motley Fool
29 minutes ago
OmniAb drops after $30 mln equity financing
** Shares of biotech firm OmniAb OABI.O down 8.6% premarket to $1.69 after disclosing $30 mln equity raise** Emeryville, California-based OmniAb announces it sold ~21.3 mln shares at $1.40 (or $1.85 for officer and director participation) in private placement for general corp purposes** Financing in...Reuters
30 minutes ago
Crescent Energy to acquire Vital Energy in $3.1 billion shale deal
Aug 25 (Reuters) - U.S. shale producer Crescent Energy CRGY.N said on Monday it would acquire smaller peer Vital Energy VTLE.N in an all-stock deal valued at $3.1 billion, including debt.Vital shareholders will receive 1.9062 shares of Crescent common stock for each share held, representing a value ...Reuters
31 minutes ago
SNAPSHOT-India stocks, rupee, swaps, call at close
Aug 25 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was up 0.4% to 81635.91, while the broader NSE Nifty 50 index .NSEI advanced 0.39% to 24967.75, as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate cut buoyed prospects for risk assets globally. .BORUPEE: The Indian rupee ...Reuters
33 minutes ago
PRECIOUS-Gold inches down from two-week high on dollar strength
Gold hit two-week peak on Friday Powell's comments point to possible Sept rate cutUS dollar rises from four-week lowBy Ishaan Arora Aug 25 (Reuters) - Gold ticked down on Monday as the dollar firmed, easing from a two-week high hit in the previous session after comments from U.S. Federal Rese...Reuters
36 minutes ago
What Is the Highest Apple Stock Has Ever Been?
Key PointsApple reached an intraday high of $260.10 on December 26, 2024. The all-time closing high was $259.02. Since that point, Apple has significantly underperformed the market and the rest of the Magnificent Seven stocks. 10 stocks we like better than Apple › Apple (NASDAQ: AAPL) reached an all...The Motley Fool
37 minutes ago
Collecting Social Security for the First Time? Here's How to Minimize Taxes.
Key PointsIf you're withdrawing money from a retirement fund, monitor how those withdrawals impact your adjusted gross income and tax rate. Even after retirement, it's vital to regularly review and adjust your withdrawal strategy.To minimize taxes, carefully time payouts on all tax-deferred assets. ...The Motley Fool
44 minutes ago
Axogen slips as FDA delays nerve graft application
** Shares of surgical device maker Axogen AXGN.O fall 20% to $13 premarket** The U.S. FDA has extended the review period for company's marketing application for Avance Nerve Graft — a surgically implanted device made from human nerve tissue used to repair damaged peripheral nerves — by three mon...Reuters
54 minutes ago
Is Rivian Stock a Buy Now?
Key PointsRivian Automotive is building an electric vehicle start-up from the ground up.It's focused on enhancing its profitability as it works to bring out a lower-cost model.The company's latest guidance highlights that the business is still in the early stages.10 stocks we like better than Rivian...The Motley Fool
59 minutes ago
Temu-owner PDD tops quarterly revenue estimates, margin squeeze continues
By Deborah Mary Sophia and Casey HallAug 25 (Reuters) - E-commerce firm PDD Holdings PDD.O, which operates low-cost platforms Pinduoduo in China and Temu internationally, easily beat market estimates for quarterly revenue on Monday, although net profit fell due to investments to ward off intensifyin...Reuters
59 minutes ago
