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Holley tumbles as top holder to slice stake
** Shares of auto parts maker Holley HLLY.N tumble 16.9% to $3.05 on Weds after secondary offering launched** HLLY shares at a one-month low and on course for biggest daily pct drop since Mar 12** Bowling Green, Kentucky-based Holley late Tues announced 14 mln shares to be sold by private equity fir...Reuters
5 minutes ago
Portillo's down after co cuts annual forecasts
** Shares of fast casual restaurant chain Portillo's PTLO.O down 7% at $6.06** Co now expects fiscal 2025 same-restaurant sales to decline between 1% and 1.5% vs. previous expectations of 1% to 3% growth** Expects annual revenue between $730 million and $733 million compared to previous expectat...Reuters
6 minutes ago
Sweden's Klarna shifts AI focus from cost cuts to growth
Klarna shares jump 30% in New York debut CEO admits lender went too fast on AI, after big job and vendor cutsKlarna now shifting AI use to improving services and productsBy Supantha Mukherjee and Echo Wang STOCKHOLM/NEW YORK, Sept 10 (Reuters) - The CEO of Sweden's Klarna KLAR.N, one of the e...Reuters
12 minutes ago
I-Mab tumbles on China drug report, analyst calls selloff overreaction
** Shares of drug developer I-Mab IMAB.O fall as much as 30% to $3.20** The Trump administration has been discussing severe restrictions on Chinese medicines, the New York Times reported on Wednesday, citing a draft executive order** BTIG analyst Justin Zelin says the IMAB selloff an "overreacti...Reuters
16 minutes ago
BREAKINGVIEWS-Oracle will test AI’s scale-begets-scale trade
By Robert CyranNEW YORK, Sept 10 (Reuters Breakingviews) - Long-standing corporate titans aren’t supposed to add over $200 billion to their market value in a single day. Yet 48-year-old Oracle ORCL.N has done just that. While today’s results, revealed in quarterly earnings released Wednesday, are ru...Reuters
19 minutes ago
Soleno reports death of patient who took genetic disorder treatment, shares fall
Sept 10 (Reuters) - Soleno Therapeutics SLNO.O said on Wednesday it is aware of the death of a 17 year old male who was on the company's treatment for patients who experience feelings of intense and persistent hunger, sending its shares down 12%.Soleno said the treating physician has reported th...Reuters
29 minutes ago
Klarna Shares Indicated To Open At $48-$50 In NYSE Debut Versus $40 IPO Price
Sept 10 (Reuters) - KLARNA SHARES INDICATED TO OPEN AT $48-$50 IN NYSE DEBUT VERSUS $40 IPO PRICEKLARNA SHARES INDICATED TO OPEN BETWEEN $50-$52 IN NYSE DEBUT VERSUS $40 IPO PRICEKLARNA SHARES INDICATED TO OPEN BETWEEN $52-$54 IN NYSE DEBUT VERSUS $40 IPO PRICEKLARNA SHARES INDICATED TO OPEN BETWEEN...Reuters
31 minutes ago
Klarna valued at nearly $20 billion as shares jump in NYSE debut
By Arasu Kannagi Basil and Pritam Biswas Sept 10 (Reuters) - Klarna KLAR.N shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company's years-long wait for a listing and underscoring a rebound in the broader U.S. IPO market. ...Reuters
32 minutes ago
Buy-Now, Pay-Later Lender Klarna Surges 32% on Its First Day of Trading
Buy-now, pay-later lender Klarna surged 32% on its first day of trading.Klarna said on Tuesday it has raised $1.37 billion in its U.S. initial public offering, setting the stage for a market debut that could set the trend for high-growth fintech listings.The Sequoia Capital-backed Swedish company an...Tiger News
41 minutes ago
Soleno Therapeutics slips after report of patient death
** Shares of drugmaker Soleno Therapeutics SLNO.O fall 12% to $61.15** Co says a 17-year-old patient with Prader-Willi Syndrome and multiple health issues died from pulmonary embolus, a condition caused by a blood clot blocking blood flow in the lungs, while taking Vykat XR** The treating physician ...Reuters
56 minutes ago
Trade Desk shares fall after Morgan Stanley cuts rating
** Shares of Trade Desk TTD.O down 9.4% at $47.45 after Morgan Stanley cut the advertising platform's rating ** TTD on track for biggest daily percentage decline since Aug. 8 and lowest close since early April** MS downgraded TTD to 'equal-weight' from 'over-weight' and slashed i...Reuters
an hour ago
Fintech Klarna poised to pop after above-range IPO
** Shares of buy now, pay later lender Klarna KLAR.N set to rise in NYSE debut on Weds after hotly-anticipated IPO priced above expectations ** KLAR shares recently indicated to open between $52-$53 vs $40 IPO price ** Swedish fintech and existing investors late Tues announced selling 34.3...Reuters
an hour ago
Cut points for 2026 Medicare Advantage plans look challenged, analysts say
** Leerink Partners, citing published data in a LinkedIn post, said criteria for Medicare plans to earn bonus payments "look challenged"** The post refers to Centers for Medicare and Medicaid Services' cut points which are thresholds used to determine "Star", or quality ratings, ...Reuters
an hour ago
Barclays, Deutsche Bank raise S&P 500 forecasts as bull run continues
Barclays raises 2025 S&P 500 target to 6,450, Deutsche Bank to 7,000Upgrades driven by earnings strength and AI optimismBarclays turns positive on U.S. tech; Deutsche Bank sees high valuationsBy Rashika Singh and Akriti Shah Sept 10 (Reuters) - Barclays and Deutsche Bank raised their year-end...Reuters
an hour ago
US STOCKS-Wall St indexes hit records as Oracle jumps, Fed bets steady on inflation data
Indexes: Dow down 0.43%, S&P 500 up 0.50%, Nasdaq up 0.43%Producer prices fall unexpectedly in AugustOracle's forecast boosts chipmakers, power supply companiesBarclays, Deutsche Bank raise S&P 500 2025 year-end target By Purvi Agarwal and Ragini Mathur Sept 10 (Reuters) - The S&a...Reuters
an hour ago
FTSE 100 closes lower as consumer staples, industrials drag; corporate earnings in focus
FTSE 100 down 0.2%, FTSE 250 down 0.3%AB Foods slumps on weak Primark sales outlookHaleon rises after GS upgradeVistry slips on H1 profit drop Sept 10 (Reuters) - Britain's FTSE 100 closed lower on Wednesday, dragged down by consumer staples and industrials, while investors assessed a slew of...Reuters
an hour ago
Tech drag weighs on Europe's STOXX 600 despite Inditex boost
Inditex rises after sales pick up in run-up to autumnTech stocks weigh on the main index, lead sector lossesDefence index at record peak as geopolitical tensions simmerSTOXX 600 retreats from near two-week highBy Tristan Veyet and Johann M Cherian Sept 10 (Reuters) - European shares reversed cour...Reuters
an hour ago
Is Broadcom a Threat to AMD Stock Investors?
In today's video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Sept. 6, 2025. The video was published on Sept. 6, 2025...The Motley Fool
an hour ago
LIVE MARKETS-S&P 500, Nasdaq higher midday as Oracle hits record
S&P 500, Nasdaq higher, Dow down Tech leads S&P 500 sector gainers; cons. staples down mostSTOXX 600 flatBitcoin, crude futures, gold up; dollar dipsU.S. 10-yr Treasury yield dips to 4.05% Sept 10 (Reuters) - Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
an hour ago
