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Why Oklo Stock Skyrocketed Over 11% to All-Time Highs Today
Key PointsThe U.S. has struck a landmark partnership with the U.K. to boost the nuclear energy industry. The partnership could open up big opportunities for American nuclear energy companies like Oklo. Oklo stock is already up over 300% this year on the back of DOE support and partnerships.10 stocks...
The Motley Fool
52 minutes ago
Why Intel Rallied Today
Key PointsIntel announced the closing of its sale of 51% of Altera to Silver Lake today. As a result, Intel lowered its operating expense outlook for the year. The removal of the struggling unit from the company's books should boost cash without a significant hit to profits. 10 stocks we like better...
The Motley Fool
58 minutes ago
NerdWallet rises after boosting share repurchase program
** Personal finance company NerdWallet's NRDS.O shares rise 4.3% to $11** NRDS boosts existing share repurchase program to $75 million from $25 million** Repurchases may be made from time to time in the open market and through privately negotiated transactions** NRDS has 76 million outstanding s...
Reuters
59 minutes ago
LIVE MARKETS-U.S. indexes hit records yet again
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
an hour ago
VF Corp to sell Dickies for $600 million, shares rise
** Shares of apparel maker VF Corp VFC.N rise 1.75% to $14.60** VFC says it will sell its workwear brand, Dickies, to privately held brand management firm Bluestar Alliance in a cash deal valued at $600 million ** VFC also houses brands such as The North Face, Vans and Timberland** As of last close,...
Reuters
an hour ago
Copper miners gain as red metal jumps to 15-month peak on soft dollar and China deal
** Shares of copper miners gain, tracking rise in red metal's price MET/L** Benchmark three-month copper CMCU3 on London Metal Exchange up 1.1% at $10,180 per metric ton ** Copper prices climbed to its highest in 15 months after a drop in the dollar and a deal between the U.S. and China on TikTo...
Reuters
an hour ago
New Mountain Finance Corp down after BofA double-downgrades stock
** Shares of New Mountain Finance Corp NMFC.O down about 4% at $10** Brokerage Bank of America double-downgrades stock to "underperform" from "buy" due to persistent profitability challenges** Also expects a dividend cut as earnings pressure builds, leading to a likely re-rating of t...
Reuters
an hour ago
Roblox Looks Like a Great Stock -- Or Does It?
Key PointsRoblox has built an impressive platform with strong engagement and growth opportunities.Persistent losses and a high valuation remain significant hurdles.Whether a stock is considered a "great stock" depends on an investor's conviction in Roblox's long-term monetization and their risk appe...
The Motley Fool
2 hours ago
Why Pony AI Stock Galloped Today
Key PointsPony AI is a Chinese AI tech stock planning to roll out robotaxi service in Qatar.Pony has no profits -- and not a lot of revenue, either.10 stocks we like better than Pony Ai › Shares of Pony AI (NASDAQ: PONY), which aims to use artificial intelligence to direct driverless vehicles for ro...
The Motley Fool
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 hours ago
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