News
Important Only
Dollar General lifts annual targets on strong demand for cheaper essentials
Aug 28 (Reuters) - Dollar General DG.N raised its annual sales and profit forecasts on Thursday, banking on steadfast demand from cost-conscious consumers across income brackets in the United States amid tariff and inflation concerns.The company's shares rose about 6% in premarket trading and th...Reuters
8 minutes ago
SOFTS-Robusta coffee turns lower after touching three-month high
LONDON, Aug 28 (Reuters) - Robusta coffee futures turned lower on Thursday after hitting a three-month peak, though prices remained underpinned by a further decline in exchange stocks. COFFEE* Robusta coffee futures LRCc2 lost 1.6% to $4,798 a metric ton by 1111 GMT after setting a three-mont...Reuters
10 minutes ago
CANADA STOCKS-TSX futures muted; lenders TD Bank and CIBC post upbeat results
Aug 28 (Reuters) - Futures tied to Canada's main stock index were subdued on Thursday, while TD Bank and CIBC became the latest domestic lenders to report a rise in third-quarter profit.Futures on the S&P/TSX index .SXFcv1 fell 0.05% by 06:59 a.m. ET (1007 GMT) following the composite index&...Reuters
15 minutes ago
Citigroup raises PT on Cheniere Energy
** Citigroup raises price target of LNG exporter Cheniere Energy LNG.N to $283 from $275** The new price target represents an upside of 17.1% to the stock's last close** Brokerage raises PT to reflect lower cash tax assumptions that are boosting cash flows estimates** Beyond 2025, Cheniere expec...Reuters
15 minutes ago
Apollomics tumbles as cash crunch forces layoffs, trial shutdown
** Shares of Apollomics APLM.O fall 16.5% to $5.20 premarket** The biotech firm has terminated all U.S. staff, including its CEO and CFO, due to cash constraints, it said in a SEC filing ** Co also plans to halt all activities related to its lung cancer trial** Last year, co said its blood cancer th...Reuters
16 minutes ago
GMS Inc reports results for the quarter ended July 31 - Earnings Summary
GMS Inc GMS.N reported quarterly adjusted earnings of $1.76 per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of $1.93. The mean expectation of nine analysts for the quarter was for earnings of $1.72 per share. Wall Street expected resul...Reuters
19 minutes ago
US STOCKS-Nasdaq futures flat as Nvidia slips on China market uncertainty
Futures: Dow up 0.13%, S&P 500 down 0.02%, Nasdaq off 0.08%Snowflake surges on AI-driven revenue forecastCrowdStrike falls on weak revenue forecastDollar General up after lifting annual targets on strong demandBy Johann M Cherian and Sanchayaita Roy Aug 28 (Reuters) - Futures tracking the te...Reuters
20 minutes ago
BTIG initiates coverage on NANO Energy with 'neutral' rating
** BTIG initiates coverage on nuclear technology company NANO Nuclear Energy NNE.O with "neutral" rating** BTIG did not provide a PT for NNE; shares of the company up nearly 1% at $33.20 premarket** "We like NNE's micro reactor solution which should compete against other small modula...Reuters
23 minutes ago
Burlington EPS Jumps 43% in Fiscal Q2
Key PointsAdjusted earnings per share jumped 39% year over year, well ahead of company forecasts.Full-year adjusted EPS guidance was raised, but management remains cautious about the second half.These 10 stocks could mint the next wave of millionaires › Burlington Stores (NYSE:BURL), a major off-pri...The Motley Fool
27 minutes ago
1 Reason to Buy RELY
Key PointsDue to the nature of the company's business and its tight focus, tracking Remitly's progress is relatively straightforward.It takes a cut of each transaction made by customers, so raising total volume is critical for growth.10 stocks we like better than Remitly Global › International remit...The Motley Fool
28 minutes ago
LIVE MARKETS-Foreign investors on sidelines in ASEAN equity rally - for now
STOXX 600 down 0.3% Pernod Ricard up 5% after results Nvidia shares fall 2.2% in U.S. pre market after resultsS&P 500 futures flatWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com....Reuters
31 minutes ago
Snowflake shares surge as AI boom fuels demand for data platforms
By Akash Sriram Aug 28 (Reuters) - Snowflake SNOW.N shares jumped about 14% on Thursday riding a wave of demand for its artificial intelligence database products, as companies race to modernize their data infrastructure and simplify AI adoption.The stock move is set to add more than $11 billion t...Reuters
35 minutes ago
5 Things to Know About Coca-Cola Stock Before You Buy
Key PointsThe iconic beverage maker boasts 63 consecutive years of dividend increases.Coca-Cola Zero Sugar is the company's fastest-growing brand by a wide margin.It's willing to adjust to the times, eliminating some 200 brands a few years ago.10 stocks we like better than Coca-Cola › There's a stro...The Motley Fool
37 minutes ago
Tech, utilities drag UK stocks lower
FTSE 100 down 0.5%, FTSE 250 slips 0.5%Drax Group slumps after financial watchdog probe PPHE Hotel drops after HY earningsIT firm Softcat gains on annual forecast lift Aug 28 (Reuters) - UK's blue-chip and midcap stocks fell for a third consecutive session on Thursday, with utilities and tech...Reuters
38 minutes ago
Telomir Pharma surges on early data for epigenetic drug
** Shares of drug developer Telomir Pharmaceuticals TELO.O surges 59% to $2.35 premarket** Late Wednesday, co said lead experimental drug, Telomir-1, shows potential as first-in-class epigenetic therapy for cancer, age-related diseases** Co says it effectively blocks UTX, a gene regulation enzyme, a...Reuters
43 minutes ago
Prediction: These 3 Stocks Will Be Worth More Than Tesla 10 Years From Now
Key PointsEach of these companies has a great track record and great potential.They're not all bargain-priced right now, though. They will need to execute their strategies well to top Tesla's possible future value -- but so will Tesla.10 stocks we like better than Costco Wholesale › The funny thing ...The Motley Fool
45 minutes ago
Have $500? 4 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now.
Key PointsOllie's Bargain Outlet sits at a nice place within the discount retail sector.The Campbell's Company offers value to consumers in a time of higher food prices.Vita Coco and Pinterest have strong financials and seem in a good position to strengthen.10 stocks we like better than Ollie's Barg...The Motley Fool
50 minutes ago
Outlook Therapeutics slumps after US FDA declines to approve drug for eye condition
** Shares of Outlook Therapeutics OTLK.O slump 66.8% to 78 cents premarket** U.S. FDA declines to approve co's drug for a type of eye condition called wet age-related macular degeneration (wet AMD) that causes blurred vision ** OTLK says the FDA's letter included only one deficiency - a lack...Reuters
51 minutes ago
US FDA declines to approve Outlook Therapeutics' drug for eye condition
Aug 28 (Reuters) - Outlook Therapeutics OTLK.O said on Thursday the U.S. Food and Drug Administration has declined to approve its experimental drug to treat a type of eye condition, which causes blurred vision, sending its shares slumping nearly 62% before the bell.The health regulator cited a lack ...Reuters
52 minutes ago
