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Nasdaq says short interest rose 0.2% in late August
NEW YORK, Sept 10 (Reuters) - Short interest on the Nasdaq rose 0.2% in late August, the exchange said on Wednesday.As of August 29, short interest rose to about 16.959 billion shares, compared with 16.930 billion shares as of August 15.Investors who sell securities "short" borrow shares and...
Reuters
3 minutes ago
Fintech Klarna notches about 15% gain in debut
** Shares of buy now, pay later lender Klarna KLAR.N pop in debut after long-awaited IPO priced above range ** KLAR shares opened at $52 before ending Weds at $45.82, up 14.6%, and valuing co just north of $17 bln ** Swedish fintech and existing investors late Tues announced selling 34...
Reuters
7 minutes ago
US STOCKS-S&P 500 notches record-high close as Oracle soars on AI optimism
Producer prices fall unexpectedly in AugustOracle's forecast boosts chipmakers, power supply companiesBarclays, Deutsche Bank raise S&P 500 2025 year-end target By Noel Randewich and Ragini Mathur Sept 10 (Reuters) - The S&P 500 notched a second straight record-high close on Wedne...
Reuters
27 minutes ago
EMERGING MARKETS-LatAm FX touch intraday high as investors assess US, regional data; Chile's peso steady
LatAm stocks up 0.37%; FX up 0.3%Chile holds interest rate at 4.75%Brazilian judge votes to annul Bolsonaro caseBy Pranav Kashyap and Twesha Dikshit Sept 10 (Reuters) - Index tracking Latin American currencies traded at record levels on Wednesday, with the Brazilian real leading gains after a...
Reuters
32 minutes ago
Oracle soars on AI cloud gains, Ellison closes in on Musk as world's richest
By Akash Sriram and Akriti Shah Sept 10 (Reuters) - Oracle ORCL.N shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world's richest list.The company unveil...
Reuters
37 minutes ago
Why Broadcom Stock Is Soaring Today
Key PointsBroadcom stock is jumping today after Oracle issued great news for AI investors. Oracle expects massive growth for its cloud infrastructure business over the next five years. Broadcom is a leading provider of connectivity chips and is poised to benefit from AI infrastructure buildouts. 10 ...
The Motley Fool
42 minutes ago
CoreWeave Is Skyrocketing Today -- Is the Stock a Buy Right Now?
Key PointsOracle's incredible cloud-infrastructure guidance is pushing CoreWeave stock higher today. Massive growth for Oracle's cloud infrastructure unit bodes well for CoreWeave.CoreWeave is a risky stock, but its growth outlook appears promising. 10 stocks we like better than CoreWeave › CoreWeav...
The Motley Fool
56 minutes ago
Why AMD Stock Is Surging Today
Key PointsAMD stock is gaining today thanks to recent guidance updates from Oracle. Oracle expects that its cloud infrastructure business will grow at an incredible rate over the next five years. AI-driven cloud infrastructure buildouts could present significant positive demand catalysts for AMD. 10...
The Motley Fool
an hour ago
GLOBAL MARKETS-Global shares gain, tame US inflation boosts Fed rate cut hopes
Global equities gain on U.S. producer inflation dataDollar edges down, U.S. Treasury yields fallPolish shares fall on geopolitical worriesGold holds near record, oil prices settle up >$1/barrelNext up, U.S. consumer price data due ThursdayBy Sinéad Carew and Jaspreet Kalra NEW YORK/MUMBAI, Sep...
Reuters
an hour ago
Why AngloGold Ashanti Rallied Today
Key PointsGeopolitical tensions and a higher likelihood of rate cuts pushed gold higher this week.One Wall Street analyst lifted his price target on the stock.10 stocks we like better than AngloGold Ashanti Plc › Shares of gold miner AngloGold Ashanti (NYSE: AU) rallied 4.4% on Wednesday as of 2:06 ...
The Motley Fool
an hour ago
Why Wolfspeed Stock Is Plummeting Today
Key PointsWolfspeed stock is getting hit with a double-digit pullback after a huge rally yesterday.Investors are locking in profits after an unexpected valuation surge driven by news that the company's restructuring plan has been approved.Wolfspeed will complete its restructuring in the near future,...
The Motley Fool
an hour ago
Trade Desk shares slide after Morgan Stanley downgrades on increasing growth concerns
** Shares of Trade Desk TTD.O down 11.7% at $46.29 on Weds after Morgan Stanley cut the advertising platform's rating, citing "mounting concerns" over growth** TTD on track for biggest daily percentage decline since Aug. 8 and lowest close since early April** MS downgraded TTD to 'eq...
Reuters
an hour ago
Why CoreWeave Stock Was Soaring Today
Key PointsOracle expects its cloud infrastructure business to grow by 77% this year.CoreWeave said it had overwhelming demand for AI compute.The stock has been highly volatile since its debut in March.10 stocks we like better than CoreWeave › One day after CoreWeave (NASDAQ: CRWV) got a boost from t...
The Motley Fool
an hour ago
Why Is Advanced Micro Devices (AMD) Stock Jumping Today?
Key PointsOracle's $455 billion in contracted obligations surged 4x year over year, showing demand for AI is still going strong.AMD and other chip stocks will benefit from the $35 billion in capex the company plans to spend next year.10 stocks we like better than Advanced Micro Devices › Shares of A...
The Motley Fool
2 hours ago
Why Is Nvidia Stock (NVDA) Soaring Today?
Key PointsAI cloud provider Oracle reported a massive backlog of revenue, more than 4 times the size it was last year. The earnings mint surprised Wall Street and helped allay fears that AI spending is cooling, sending chip stocks soaring. 10 stocks we like better than Nvidia › Shares of Nvidia (NAS...
The Motley Fool
2 hours ago
LIVE MARKETS-Investors ready for CPI data
S&P 500, Nasdaq higher, Dow down Tech leads S&P 500 sector gainers; cons. discretionary down mostBitcoin, crude futures, gold up; dollar dipsU.S. 10-yr Treasury yield falls to 4.03% Sept 10 (Reuters) - Welcome to the home for real-time coverage of markets brought to you by Reuters reporte...
Reuters
2 hours ago
US STOCKS-Wall St indexes hit records as Oracle soars on AI optimism
Producer prices fall unexpectedly in AugustOracle's forecast boosts chipmakers, power supply companiesBarclays, Deutsche Bank raise S&P 500 2025 year-end target S&P 500 +0.28%, Nasdaq +0.11%, Dow -0.59%By Noel Randewich and Ragini Mathur Sept 10 (Reuters) - The S&P 500 and the Nas...
Reuters
2 hours ago
Why Bloom Energy Rallied Higher Today
Key PointsIn July, Bloom inked a partnership to supply Oracle's data centers with its energy servers. Bloom's servers can convert natural gas and hydrogen to electricity without combustion. Is the stock too expensive, or is the party just getting started? 10 stocks we like better than Bloom Energy ›...
The Motley Fool
2 hours ago
Soleno reports death of patient who took genetic disorder treatment, shares fall
By Christy Santhosh 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 ph...
Reuters
2 hours ago
U.S. STOCKS ON THE MOVE-Potbelly, Joby, Talen Energy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq scaled fresh intraday record highs on Wednesday driven by a surge in cloud computing firm Oracle, while cooler-than-expected inflation data kept the U.S. Feder...
Reuters
3 hours ago
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