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Alphabet enters $3 trillion market cap club as Big Tech's AI momentum builds
Alphabet up 32% YTD, leading gains among "Magnificent 7" stocksStock trades at 23x earnings vs 5-year average of 22 By Johann M Cherian and Shashwat Chauhan Sept 15 (Reuters) - Google parent Alphabet GOOGL.O hit a market capitalization of $3 trillion for the first time on Monday, riding o...Reuters
16 minutes ago
Hims & Hers down after US FDA chief says Super Bowl ad violated drug promotion rules
** Shares of telehealth platform Hims & Hers Health HIMS.N fall 1.8% to $54.54** The U.S. FDA Commissioner Martin Makary said late on Friday that HIMS' Super Bowl advertisement breached federal law as it highlighted the benefits of weight-loss drugs without mentioning side effects** Under fe...Reuters
21 minutes ago
Intel rises after co trims full-year expense outlook
** Shares of chipmaker Intel INTC.O rise 4.03% to $25.05 after co trims its full-year expense outlook, following the sale of a majority stake in its programmable chip unit, Altera** INTC lowers FY25 adjusted operating expense target to $16.8 bln from $17 bln earlier** The outlook reflects the sale o...Reuters
25 minutes ago
LIVE MARKETS-Spending slowdown hits younger generation
Wall Street's main indexes rise with Nasdaq out front up ~ 0.9%Among S&P sectors, comms services leads gains, health falls mostEuro STOXX 600 index rises ~0.4%Dollar slips, bitcoin off ~0.9%, gold up ~1%; crude adds ~0.9%U.S. 10-Year Treasury yield falls to ~4.04%Welcome to the home for real...Reuters
26 minutes ago
US STOCKS-S&P 500, Nasdaq hit record highs ahead of Fed meeting; Tesla jumps
Indexes: Dow down 0.01%, S&P 500 up 0.45%, Nasdaq up 0.83%Alphabet hits $3 trillion in market value for first timeNvidia falls after China's anti-monopoly investigation Tesla gains as CEO Musk buys shares worth $1 billionBy Purvi Agarwal and Ragini Mathur Sept 15 (Reuters) - The S&...Reuters
40 minutes ago
U.S. STOCKS ON THE MOVE- Western Alliance Bancorp, CoreWeave, Alphabet
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq hit intraday record highs on Monday, beginning the week with the Federal Reserve's policy meeting on a strong note, while Tesla shares gained following CEO...Reuters
41 minutes ago
Why Tesla Stock Continued to Run Higher Today
Key PointsElon Musk is putting his money where his mouth is. His $1 billion Tesla stock purchase is his largest ever by value. Tesla is preparing to launch a robotaxi fleet, and Musk sees huge potential for the Optimus humanoid robot. These 10 stocks could mint the next wave of millionaires › Tesla...The Motley Fool
46 minutes ago
AstraZeneca drags FTSE 100 lower ahead of key central bank decisions
FTSE 100 down 0.1%, FTSE 250 up 0.1%AstraZeneca pauses $270 mln investment in Britain, shares fallSainsbury hits 4-year high after ending JD.com talksBoE expected to hold rates steady amid inflation concerns Sept 15 (Reuters) - London's FTSE 100 index slipped on Monday, dragged down by heavyw...Reuters
48 minutes ago
Has Apple Lost Its Magic?
Apple's (NASDAQ: AAPL) newest products are out, and it's hard to see this as a needle mover for the tech giant. New iPhones are nice, but they don't do anything to improve the refresh cycle. Features like language translation on AirPods are great, but they have been available on other devices for ye...The Motley Fool
51 minutes ago
Corteva shares fall as potential split report stirs worries over operational disruptions
By Pooja Menon and Sumit Saha Sept 15 (Reuters) - Corteva CTVA.N shares fell about 4% on Monday after a report the U.S. agrichemicals company was looking to separate its seed and crop protection chemical businesses stoked concerns about potential operational disruption and value dilution.The com...Reuters
an hour ago
aTyr hits record low as lung disease drug fails in late-stage trial
By Padmanabhan AnanthanSept 15 (Reuters) - Drug developer aTyr Pharma's ATYR.O experimental drug failed to meet the main goal in a late-stage study for the treatment of a type of lung disease, the company said on Monday, sending its shares plunging more than 80% to a record low. The drug, calle...Reuters
an hour ago
GLOBAL MARKETS-Stocks hit fresh record highs, dollar weakens as markets position for Fed move
S&P 500, Nasdaq hit fresh recordsDollar drops against peers, Euro gainsRate cuts seen from Fed, BoC; steady for BoE, BOJBenchmark 10-year yields fallBy Chibuike Oguh and Amanda Cooper NEW YORK/LONDON, Sept 15 (Reuters) - Global shares hit a fresh record high on Monday as markets positioned fo...Reuters
an hour ago
IonQ hits fresh record following strong analyst day, Wall Street PT boosts
** Shares of quantum computing firm IonQ IONQ.N up 4.8% at $58.30, after hitting intraday record high of $59.16 on Mon, adding to substantial gain in prior session in wake of its analyst day event** IONQ shares on Fri surged ~18% to record closing high of $55.61 after co presented to investors and a...Reuters
an hour ago
LIVE MARKETS-Bets are on for rate cuts but dot plot may lag
Nasdaq, S&P 500 rise, Dow edges redAmong S&P sectors, consumer discretionary leads gains, health falls mostEuro STOXX 600 index rises ~0.4%Dollar slips, bitcoin off ~1%, gold rises; crude up 0.9%U.S. 10-Year Treasury yield falls to ~4.04%Welcome to the home for real-time coverage of markets ...Reuters
an hour ago
Western Digital rises after Benchmark boosts PT
** Shares of data storage products maker Western Digital WDC.O rise 5% to $102.57** Brokerage Benchmark raises PT on WDC to $115 from $85, maintains "buy" rating ** Benchmark's sources show that lead times for high-capacity drives have extended to almost one year, leading to an increase ...Reuters
an hour ago
Why Opendoor Technologies Stock Popped Again Today
Key PointsThere was no news out on the home flipper, but the volatility in the stock continued. Investors looked forward to the Federal Reserve rate decision. CEO Kaz Nejatian had his first day on the job.10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: ...The Motley Fool
an hour ago
Why Alphabet Stock Popped Today
Key PointsCiti just hiked its Alphabet price target by 24%.Alphabet is plowing essentially all its free-cash-flow growth into new capex spending on AI. 10 stocks we like better than Alphabet › Ring the bells and blow the trumpets: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock just hit $3 trillion in...The Motley Fool
an hour ago
Why Novo Nordisk Stock Popped Today
Key PointsLondon's Financial Times highlights improved weight loss from taking more Ozempic.Eli Lilly's Mounjaro still seems more effective.10 stocks we like better than Novo Nordisk › Novo Nordisk (NYSE: NVO) -- the original Ozempic stock -- is getting a boost from a Financial Times report this mor...The Motley Fool
2 hours ago
California Resources to buy Berry Corp in $717 million deal amid regulatory shift
By Pooja Menon Sept 15 (Reuters) - California Resources CRC.N said on Monday it would buy rival Berry Corp BRY.O, hoping to create a bigger, more cost-efficient oil and gas producer in the most populous U.S. state as it eases its stringent environmental regulations.The all-stock deal, which valu...Reuters
2 hours ago
Top Calls on Wall Street: Nvidia, Apple, Tesla, Broadcom, CoreWeave, Disney, Palantir, Micron & More
Here are the biggest calls on Wall Street on Monday:JPMorgan reiterates Apple as OverweightJPMorgan says demand for Apple’s iPhone 17 looks promising.“In tracking delivery lead-times across key markets, including U.S., China, Germany and UK as an indicator of demand, while it is still very early day...Tiger News
2 hours ago
