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3 Reasons Bitcoin Is Pulling Back
Key PointsWhile Bitcoin is up 20% for the year, recent weakness has crypto investors concerned.Overall macroeconomic weakness may be weighing heavily on Bitcoin, which previously was uncorrelated with the broader market.Investors appear to be diversifying away from Bitcoin and into higher-yielding c...
The Motley Fool
24 minutes ago
GRAINS-Soybeans extend fall as traders eye USDA report, China demand falters
BEIJING, Sept 11 (Reuters) - Chicago soybeans extended losses to a third straight session on Thursday, as traders squared positions ahead of a key U.S. supply and demand report, and an absence of demand from China added pressure.Corn and wheat firmed after two sessions of declines.FUNDAMENTALS* As o...
Reuters
31 minutes ago
PRECIOUS-Gold inches higher as soft US PPI data fuels rate cut bets; CPI in focus
Sept 11 (Reuters) - Gold edged up on Thursday, as softer-than-expected U.S. producer price index (PPI) data reinforced already strong expectations for a Federal Reserve interest rate cut next week, while investors awaited key consumer inflation data for further cues.FUNDAMENTALS* Spot gold XAU= was ...
Reuters
40 minutes ago
Australia's Red Mountain Mining surges on buying US antimony project
** Red Mountain Mining RMX.AX surges as much as 70% to A$0.017, highest since August, 2024** Diversified miner acquires Utah Antimony project, expanding its U.S. critical minerals portfolio** Says project directly adjoins Trigg Minerals' TMG.AX antimony Canyon project, one of the largest and hig...
Reuters
44 minutes ago
South Korea industry minister to travel to US for follow-up trade negotiations, ministry says
SEOUL, Sept 11 (Reuters) - South Korea's Industry Minister Kim Jung-kwan will travel to the United States on Thursday for follow-up trade negotiations, the ministry said.
Reuters
an hour ago
RPT-COLUMN-'Real' rate dip threatens to pull down dollar: McGeever
By Jamie McGeeverORLANDO, Florida, Sept 10 (Reuters) - The dollar has been beaten down this year as investors have priced in a resumption of the Federal Reserve's rate-cutting cycle. But even if lower nominal rates are already reflected in the greenback's price, lower 'real' rates ma...
Reuters
an hour ago
Perplexity finalizes $20 billion valuation round, the Information reports
Sept 10 (Reuters) - AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowledge of the matter. Reuters could not immediately verify this report and Perplexity did not im
Reuters
an hour ago
Oracle’s Ellison Tops Musk as World’s Richest Man After $101 Billion Gain
Larry Ellison has become the world’s richest person for the first time, ending Elon Musk’s nearly year-long reign in the top spot, bloomberg reported.Ellison’s fortune soared $101 billion as of 10:10 a.m. in New York after Oracle Corp. reported quarterly results that surpassed expectations and said
Oracle Corp
Tiger News
2 hours 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...
Oracle Corp
Reuters
2 hours ago
Bitcoin ETFs: What You Need to Know About Inflows, Outflows, and Price Moves
Key PointsETF inflows and outflows measure money entering or leaving a fund, not the performance of the underlying cryptocurrency (or other assets).The Grayscale Bitcoin Trust lost billions in assets despite Bitcoin's 140% gains, while the iShares Bitcoin Trust attracted record inflows during the sa...
The Motley Fool
2 hours ago
Is Carnival Stock on Track to Return to Pre-COVID Highs?
Key PointsCarnival's operations were halted during pandemic shutdowns, but the business is at full strength now.The company posted record revenue, customer deposits, and net yields in its fiscal 2025 second quarter.Shares are up 222% in the past three years, but they’d need to rise 110% to reach the...
The Motley Fool
2 hours ago
Post-Bell|S&P 500 And Nasdaq Notch Record-High Closes; Oracle Surged 36%; Klarna Up 15%; Synopsys Plunged 36%
The S&P 500 and Nasdaq notched record-high closes on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rates next week.Market SnapshotThe S&P 500 climbed 0.30% to end the session at 6,532.04 points, closing with a re...
Tiger News
2 hours ago
Why Argan Stock Climbed Higher on Wednesday
Key PointsThe company impressed shareholders with a generous increase in its quarterly dividend.Investors of record as of Oct. 23 will be eligible to receive it.10 stocks we like better than Argan › There are few things income investors like more than a meaty dividend raise. Argan (NYSE: AGX) declar...
The Motley Fool
3 hours ago
Why Rubrik Stock Plummeted Today
Key PointsRubrik stock plummeted today despite better-than-expected sales and earnings in Q2.Investors didn't think the company's forward guidance was strong enough to back up the stock's valuation.10 stocks we like better than Rubrik › Rubrik (NYSE: RBRK) stock suffered a big valuation pullback in ...
The Motley Fool
3 hours ago
Culp Gross Margin Jumps 37% in Fiscal Q1
Key PointsGross margin improved by 530 basis points to 14.3% in Q1 FY2026 as restructuring cost savings took effect.Upholstery segment sales dropped 20%, primarily due to tariff-driven export disruptions from China.Free cash flow turned positive at $0.3 million, aided by non-core asset sales rather ...
The Motley Fool
3 hours ago
Quanta Services: A Strong Contender in the Utility Market
Explore the exciting world of Quanta Services (NYSE: PWR) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Aug. 13, 2025. T...
The Motley Fool
3 hours ago
Why Apple Stock Sank Today
Key PointsApple unveiled new iPhones, AirPods, and smart watches at an event yesterday.Investors didn't see a major blockbuster product in the company's new lineup.Some investors may also have been hoping that Apple would implement greater price increases.10 stocks we like better than Apple › Apple ...
The Motley Fool
3 hours ago
Jefferies ups PT for Australia's Metcash, notes positive momentum in hardware segment
** Analysts at Jefferies raise price target for Metcash MTS.AX to A$4.50 from A$4.30; retains "buy" rating ** Jefferies says MTS' hardware sales were ahead of consensus for the first 18 weeks of FY26, with IHG and Total Tools outperforming expectations** "We had been concerned it may...
Reuters
3 hours ago
Why GameStop Stock Topped the Market Today
Key PointsIt notched a pair of crushing beats in its second quarter.It also declared a somewhat offbeat dividend for its shareholders.10 stocks we like better than GameStop › GameStop (NYSE: GME), the poster boy for meme stocks, rose on its own merit in Wednesday's trading session. The video game re...
The Motley Fool
3 hours ago
If You'd Invested $500 in Palantir Stock (PLTR) 5 Years Ago, Here's How Much You'd Have Today
Key PointsPalantir is delivering massive earnings growth, proving AI can drive real value. The company's stock has exploded since its IPO in September 2020.10 stocks we like better than Palantir Technologies › Palantir (NASDAQ: PLTR) investors have had quite a ride this year, with the stock surging ...
The Motley Fool
3 hours ago
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