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US power utility firms rise on Oracle lift
** Shares of U.S. electric utility companies rise in morning trade after Oracle's strong forecast lifts AI names ** Oracle ORCL.N expects booked revenue at its cloud infrastructure business to exceed half a trillion dollars** Power utilities have seen surge in demand from data centers needed to ...Reuters
14 minutes ago
Chewy falls after customer growth misses investor expectations
** Shares of online pet products retailer Chewy CHWY.N fall 13.3% to $36.39** Company sees Q3 net sales between $3.07 billion and $3.1 billion, compared with analysts' estimate of $3.05 billion** William Blair says "the buy side was looking for sequential active customer growth closer to 175...Reuters
18 minutes ago
Nebius stretches surge as co seeks $3 bln capital raise after Microsoft deal
** Shares of AI infrastructure firm Nebius Group NBIS.O reverse premarket losses and last up 3.6% to $99.21 early Weds as it looks to raise $3 bln ** NBIS shares rise as much as 5% to fresh record high of $100.51 in early trade ** Stock surged ~49% on Tues after Amsterdam-based co late Mon...Reuters
19 minutes ago
US STOCKS-S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
Indexes: Dow down 0.19%, S&P 500 up 0.48%, Nasdaq up 0.33%Producer prices fall unexpectedly in AugustOracle's forecast boosts chipmakers, power supply companiesBarclays raises S&P 500 2025 year-end target By Purvi Agarwal and Ragini Mathur Sept 10 (Reuters) - The S&P 500 and t...Reuters
24 minutes ago
Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term.
Key PointsTaiwan Semiconductor Manufacturing produces almost all of the advanced AI chips.Alphabet has a cloud platform that allows it to power and scale its own AI models.Microsoft's stronghold on enterprise software should strengthen with AI integration.10 stocks we like better than Taiwan Semicon...The Motley Fool
30 minutes ago
Daktronics soars on Q1 earnings beat
** Shares of digital display maker Daktronics DAKT.O rise 22.4% at $21.33, at over a 17-year high ** Co reports Q1 EPS of 33 cents, above LSEG-compiled estimates of 25 cents ** Revenue of $218.972 mln also above estimates of $213.41 mln ** Orders for Q1 increased by 35.4%, with orde...Reuters
38 minutes ago
Rocket Companies rises after BofA upgrades to 'buy' on rate-cut tailwinds
** Brokerage BofA Global Research upgrades mortgage lender Rocket Companies RKT.N to "buy" from "neutral" and raises PT to $24 from $21** Shares of RKT rise 5.9% to $21.67** New PT represents a 17.2% upside to the stock's last close** "We see Rocket as a strong beneficiary of...Reuters
38 minutes ago
Gold miners gain as bullion hovers near record high
** Shares of gold miners rise, tracking higher bullion prices GOL/** Spot gold XAU= rise 0.6% to $3,650.01/ounce after hitting a record high of $3,673.95 on Tuesday** Gold prices rise, buoyed by reinforced expectations of Federal Reserve rate cuts at the central bank's meeting next week, followi...Reuters
42 minutes ago
Oracle surges on AI cloud growth as customers race to secure computing capacity
By Akash Sriram and Akriti Shah Sept 10 (Reuters) - Oracle ORCL.N shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.The surge in Oracle's clou...Reuters
43 minutes ago
3 Tech Stocks You Can Buy and Hold for the Next Decade
Key PointsMeta will continue to lock new users into its prisoner-taking social media sphere.AMD is still well-positioned to profit from the growth of the AI market.Strategy’s bold Bitcoin strategy could either backfire or deliver multibagger gains.10 stocks we like better than Meta Platforms › Many ...The Motley Fool
45 minutes ago
Oracle surge lifts US chipmakers as AI optimism builds
** U.S. chipmakers' shares rise in early trading after Oracle ORCL.N says it expects booked revenue at its cloud infrastructure business to exceed half a trillion dollars** ORCL shares jumped 34.7% to a record high of $325.90, putting the stock on track for its biggest one-day gain since 1992.*...Reuters
46 minutes ago
Joby rises as it plans to bring helicopter rides to Uber app as early as 2026
** Shares of air-taxi maker Joby Aviation JOBY.N up 4.3% to $14 in early trade** JOBY to bring Blade's helicopter and seaplane services to Uber UBER.N app as soon as next year** Last month, JOBY bought Blade's passenger business, for up to $125 mln ** Median PT of 9 brokerages covering the s...Reuters
48 minutes ago
Trump Media and Technology seeks SEC approval for five new ETFs
Sept 10 (Reuters) - Trump Media and Technology Group DJT.O announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on Wednesday. These filings, made on behalf of Trump Media by Yorkville America Equities, add to the requisitions earlier in the year fo...Reuters
49 minutes ago
Oppenheimer starts coverage on Ralliant Corp with 'outperform'
** Oppenheimer starts coverage of Ralliant, RAL.N, rating the makers of precision tech "outperform", seeing an investment opportunity in the recently spun-off firm** Broker says Ralliant's larger and higher-margin Sensors and Safety Systems business offers an attractive play on grid hard...Reuters
55 minutes ago
MIDEAST STOCKS-Gulf stock markets close lower after Israel's airstrike in Qatar
By Amna Mariyam Sept 10 (Reuters) - Major Gulf stock markets closed slightly lower on Wednesday after Israel's airstrike in Qatar targeting Hamas leaders, reflecting cautious sentiment but no signs of broad risk-off positioning as investors appeared to price the event as a one-off. Hamas...Reuters
56 minutes ago
US STOCKS SNAPSHOT-S&P 500, Nasdaq hit record highs on boosted rate-cut bets; Oracle soars
Sept 10 (Reuters) - The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday, after cooler-than-expected producer inflation data boosted bets on interest-rate cuts by the Federal Reserve, while a surge in cloud computing firm Oracle added to gains.The Dow Jones Industrial Av...Reuters
56 minutes ago
CANADA STOCKS-TSX opens higher mirroring Wall Street gains after inflation data
Sept 10 (Reuters) - Canada's main stock index opened higher on Wednesday, tracking the gains in Wall Street peers, after cooler-than-expected U.S. producer inflation data boosted bets on a September interest-rate cut by the Federal Reserve. At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange&...Reuters
56 minutes ago
Ethereum (ETH) Is Rallying, But Can It Hit $4,500?
Key PointsGrowing institutional adoption is bringing new investor groups into Ethereum.Popular stablecoins like USDC and Ethena are actually Ethereum-based tokens.Ethereum's extreme volatility means it could hit $4,500 quickly but also drop back below it just as fast.10 stocks we like better than Et...The Motley Fool
57 minutes ago
Baltic index extends gains on higher rates across larger vessels
Sept 10 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit an over one-month high on Wednesday, driven by increased prices across capesize and panamax vessel segments.*The main index .BADI, which factors in rates for ca...Reuters
57 minutes ago
