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EMERGING MARKETS-LatAm assets advance as Fed, Brazil rate decisions approach
LatAm stocks up 0.54, FX up 0.42%Argentina's draft 2026 budget hikes social allocationsBrazil's jobless rate falls in July, hits new record lowFed, Brazil start two-day rate-setting meetingMexican stocks closed for Independence DayBy Pranav Kashyap and Nikhil Sharma Sept 16 (Reuters) - ...
Reuters
5 minutes ago
US STOCKS-Wall St ends lower as investors turn cautious ahead of Fed rate decision
Fed begins two-day policy meeting Oracle shares up on TikTok deal framework reportsRetail sales rise 0.6% in August vs 0.2% estimateBy Abigail Summerville and Sukriti Gupta Sept 16 (Reuters) - Wall Street's three main stock indexes ended lower in choppy trading on Tuesday as caution set in ah...
Reuters
19 minutes ago
Adtran tumbles after unveiling $150 mln convertible bonds sale
** Shares of networking and communications provider Adtran Holdings ADTN.O down 15.9% at $8.78 on Tues ahead of planned capital raise** ADTN shares on course for biggest one-day pct drop since Aug 6, 2024; about 7.9 mln shares have exchanged hands, nearly 9x their 10-DMA volume, per LSEG** Huntsvill...
Reuters
24 minutes ago
Why Webtoon Entertainment Stock Soared More Than 40% Today
Key PointsShares of Webtoon jumped more than 40% in one trading day following the announcement of a much larger Disney deal.This work in progress brings more than 35,000 Disney-owned cartoons to a new format.Together, the two Disney announcements have driven a roughly 117% gain in Webtoon's stock in...
The Motley Fool
41 minutes ago
Why Jumia Technologies Jumped Over 22% Today
Key PointsA Wall Street analyst nearly tripled his price target on Jumia shares today. The upgrade comes on the heels of a meeting with management. The e-commerce player could make substantial progress toward profitability in the next few years, the analyst said. 10 stocks we like better than Jumia ...
The Motley Fool
51 minutes ago
Opendoor Stock Jumped 37% Last Week, and It Has Everything to Do With This Huge Change
Key PointsRetail and activist investors pushed out Opendoor's CEO, and a new one was announced last week.Opendoor is demonstrating some improvements, but it's still in a precarious environment as mortgage rates remain high.The market is also optimistic about the Federal Reserve cutting interest rate...
The Motley Fool
an hour ago
REFILE-LIVE MARKETS-Will chip index end longest streak since 2017?
US main indexes slip, Dow leads losses off ~0.3%Energy leads sector gainers, utilities down mostDollar loses ground, gold hits record; crude up >2%, Bitcoin up 0.9%US 10-Year Treasury yield inches down to ~4.03%Welcome to the home for real-time coverage of markets brought to you by Reuters report...
Reuters
an hour ago
US STOCKS-Wall St indexes slip as investors turn cautious ahead of Fed rate decision
Indexes down: Dow 0.27%, S&P 500 0.09%, Nasdaq 0.04%Fed begins two-day policy meeting on TuesdayOracle shares up on TikTok deal framework reportRetail sales rise 0.6% in August vs 0.2% estimateBy Abigail Summerville and Sukriti Gupta Sept 16 (Reuters) - The S&P 500 and the Nasdaq pared ea...
Reuters
an hour ago
Morningstar expects long-term earnings growth for Australia's Qube
** Morningstar says logistics firm Qube Holdings' QUB.AX earnings growth is likely to remain robust over the long term, on organic growth, developments and acquisitions ** Investment research firm says company has built "dominant" positions in specific port logistics offerings, but parti...
Reuters
2 hours ago
U.S. FDA sends drug advertising warning letters to Lilly, Novo, Hims
By Mrinalika Roy and Kamal Choudhury Sept 16 (Reuters) - The U.S. Food and Drug Administration issued warning letters to Eli Lilly LLY.N, Novo Nordisk NOVOb.CO and telehealth firm Hims & Hers Health HIMS.N last week as part of President Donald Trump's order to crack down on drug advertis...
Reuters
2 hours ago
J.P.Morgan cuts PT on Carlisle citing end-market woes; shares fall
** Diversified industrial equipment maker Carlisle Companies' CSL.N shares down 3.95% at $341.90 in afternoon trading** J.P.Morgan cuts PT on CSL to $410 from $480** Brokerage sees CSL under pressure due to worsening of end-market conditions, with residential demand down sharply and distributors...
Reuters
2 hours ago
2 Multitrillion-Dollar "Magnificent Seven" Stocks With 19% and 31% Upside, According to Certain Wall Street Analysts
Key PointsAll of the "Magnificent Seven" stocks now have market caps of at least $1 trillion.Despite these companies' massive sizes, many Wall Street analysts think some of their shares have meaningful upside. The key for the hyperscalers is whether or not they will be able to monetize their large A...
The Motley Fool
3 hours ago
Financials drag London stocks lower ahead of Fed's rate decision
FTSE 100 down 0.9%, FTSE 250 down 0.7%Haleon falls on Barclays' downgrade, PT cutTrustpilot gains on upbeat outlook, H1 resultsBy Sanchayaita Roy Sept 16 (Reuters) - British stocks closed lower on Tuesday, led by rate-sensitive banks and insurers, as investors remained cautious ahead of t...
Reuters
4 hours ago
LIVE MARKETS-Ahead of Fed, Thornburg taking slightly defensive stance in bond funds
US main indexes slip, Dow leads losses off ~0.3%Energy leads sector gainers, utilities down mostDollar loses ground, gold up after hitting record; crude up ~1.9%, Bitcoin upUS 10-Year Treasury yield inches down to ~4.03%Welcome to the home for real-time coverage of markets brought to you by Reuters ...
Reuters
4 hours ago
Nvidia down after report of weak China demand for new AI chip
** Nvidia NVDA.O stock declining 1.4% to $175.24 on Tues after Reuters reported tepid demand for new RTX6000D AI chip in China ** NVDA's newest artificial intelligence chip tailored for the Chinese market has seen only lukewarm demand, with some major tech firms opting not to place orders, two p...
Reuters
4 hours ago
Why Bloom Energy Stock Hit an All-Time High Today
Key PointsBloom Energy is becoming a focal point for powering data centers.The company's stock has soared by over 600% in the last 12 months. Analysts are rapidly raising price targets on the stock. 10 stocks we like better than Bloom Energy › Bloom Energy (NYSE: BE) stock has been on fire. Shares o...
The Motley Fool
4 hours ago
US STOCKS-Wall St edges lower as investors turn cautious ahead of Fed rate decision
Indexes down: Dow 0.36%, S&P 500 0.16%, Nasdaq 0.09%Fed to begin two-day policy meeting on TuesdayOracle shares up on TikTok deal framework reportRetail sales rise 0.6% in August vs 0.2% estimateBy Purvi Agarwal and Sukriti Gupta Sept 16 (Reuters) - The S&P 500 and the Nasdaq eased fr...
Reuters
4 hours ago
Why Shares in USA Rare Earth Popped Higher Today
Key PointsUSA Rare Earth aims to produce rare-earth magnets and eventually source them from its own controlled mine.The company is highly likely to need substantial capital in the coming years, and its strategic importance might encourage government investment in line with the MP Materials deal.10 s...
The Motley Fool
4 hours ago
Steel Dynamics shares hit highest since June following upbeat guidance
** Shares of Steel Dynamics STLD.O were 6.3% higher in late morning trading Tues, hitting their highest level since early June, after the co provided Q3 guidance above the consensus expectation** The stock was also on track for its biggest daily pct gain since early June, when U.S. President Donald ...
Reuters
4 hours ago
Hims & Hers shares drop after US FDA warns of misleading weight‑loss drug claims
** Shares of telehealth platform Hims & Hers Health HIMS.N fall 7.1% to $50.11** The U.S. Food and Drug Administration has sent a warning letter to HIMS regarding its compounded versions of Novo Nordisk's NOVOb.CO diabetes drug Ozempic and weight-loss treatment Wegovy** "Compounded drug ...
Reuters
4 hours ago
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