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LIVE MARKETS-Déjà vu?
Dow gains, Nasdaq falls more than S&P 500Consumer staples leads S&P sector gainers, tech is down mostDollar edges higher, gold eases from peak; crude down, bitcoin off ~1%US 10-year Treasury yield ticks up to ~4.05%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
28 minutes ago
PREVIEW: Cracker Barrel shares ease; results due after the bell
** Shares of Cracker Barrel Old Country Store CBRL.O were down 1.2% on Wed, with the restaurant co due to report lower rev and EPS compared with a yr ago when it reports qtrly results after the closing bell** Analysts expect Q4 rev of $854.74 mln vs $894.39 a yr ago, and EPS of 80c vs 98c in the yr-...Reuters
36 minutes ago
StubHub slips in tepid debut
** Ticket-selling platform StubHub STUB.N slips in its NYSE debut on Weds after long-awaited IPO priced within expectations ** STUB opened at $25.35 vs $23.50 IPO price and traded as high as $27.89. But the stock is recently down 3% at $22.81 ** New York-based STUB late Tues said it sold a...Reuters
39 minutes ago
Five Point-backed WaterBridge valued at nearly $3 billion as shares jump in NYSE debut
Sept 17 (Reuters) - WaterBridge Infrastructure's WBI.N shares jumped 25% in their debut on the New York Stock Exchange on Wednesday, giving the midstream water management firm a market valuation of nearly $3 billion. Shares of the Houston, Texas-based company, which is backed by private equity f...Reuters
40 minutes ago
3 Nuclear Energy Stocks Poised to Benefit From a Rate Cut
Key PointsA Federal Reserve committee is due to issue a rate-cut decision Wednesday afternoon. Most economists predict interest rates will decline 0.25%.Lower interest rates mean smaller interest costs for companies that need to borrow money.10 stocks we like better than NuScale Power › Today is the...The Motley Fool
41 minutes ago
Hagerty rises after Oppenheimer initiates coverage with 'outperform' rating
** Shares of car insurer Hagerty HGTY.N rise about 6% to $13.19** Brokerage Oppenheimer initiates coverage with outperform rating; sets a PT of $15** Company's niche focus on classic cars and diversified revenue streams create a self-reinforcing growth model - Oppenheimer** "More insurance c...Reuters
50 minutes ago
Ticketing platform StubHub valued at $9.3 billion in NYSE debut
By Ateev Bhandari, Pritam Biswas and Echo Wang Sept 17 (Reuters) - Shares of StubHub STUB.N rose about 8% in their New York Stock Exchange debut on Wednesday, valuing the ticket reseller marketplace at $9.32 billion, adding to a streak of positive day-one receptions for technology platforms.The N...Reuters
51 minutes ago
Why Roivant Sciences Stock Is Soaring Today
Key PointsRoivant and Priovant Therapeutics announced positive results from a phase 3 study of brepocitinib.The drug could have blockbuster potential in treating rare and orphan autoimmune diseases.10 stocks we like better than Roivant Sciences › Shares of Roivant Sciences (NASDAQ: ROIV) are soaring...The Motley Fool
59 minutes ago
LIVE MARKETS-What's in store for the dollar once the Fed starts cutting?
Dow gains, Nasdaq falls more than S&P 500Consumer staples leads S&P sector gainers, tech is down mostEuro STOXX 600 index falls 0.03%Dollar edges higher, gold eases from peak; crude down, bitcoin off ~1%US 10-year Treasury yield ticks up to ~4.05%Welcome to the home for real-time coverage of...Reuters
an hour ago
Why Lyft Stock Was Climbing Today
Key PointsLyft and Waymo are teaming up on an autonomous ride-hailing launch in Nashville next year.Lyft will handle fleet management services, and Waymo vehicles will later be available on the Lyft app.The partnership could pave the way to more work with Waymo. 10 stocks we like better than Lyft › ...The Motley Fool
an hour ago
London stocks close higher ahead of Fed's interest rate decision
FTSE 100 up 0.14%, FTSE 250 up 0.6%Food prices drive British inflation to 3.8% in August, above US, euro zoneCentrica is Morgan Stanley's top pick on nuclear momentum, shares gainPRS REIT gains on selling operating unitBy Sanchayaita Roy Sept 17 (Reuters) - British stocks rose on Wednesday, r...Reuters
an hour ago
Walmart climbs after BofA raises price target to $125
** Shares of retail bellwether Walmart WMT.N up 2.5% to $106 at 12:03 ** BofA raises price objective for the Arkansas-based firm to $125 from $120, representing a 21% upside to stock's last close, based on increased confidence in WMT's revenue and profit outlook ** "We expect WMT to acce...Reuters
an hour ago
StubHub's Stock Soars 10% in NYSE Debut After Ticket Seller's Long-Awaited IPO
StubHub shares soared nearly 10% at $25.76 in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its IPO in the middle of its expected range.The pricinglate Tuesdayat $23.50 per share raised $800 million for the company, now trading under ticker symbol “STUB.”Stub...Tiger News
an hour ago
US STOCKS-Wall St mixed as markets await Fed's rate decision
Indexes: Dow up 0.65%, S&P 500 down 0.13%, Nasdaq down 0.51% Workday rises after Elliott builds a more than $2 bln stakeReport says China asked tech firms not to buy Nvidia's AI chipsLyft jumps on news of partnership with Waymo for Nashville cabsBy Purvi Agarwal and Sukriti Gupta Sept 17 ...Reuters
an hour ago
StubHub’s stock opens 9% higher at $25.35 in NYSE debut after ticket seller’s long-awaited IPO
StubHub shares opened at $25.35 in their New York Stock Exchange debut on Wednesday after the online ticket seller priced its IPO in the middle of its expected range.The pricinglate Tuesdayat $23.50 per share raised $800 million for the company, now trading under ticker symbol “STUB.”StubHub’s long-...Tiger News
an hour ago
StubHub rises in debut after mid-range IPO pricing
** Ticket-selling platform StubHub STUB.N riises in its NYSE debut on Weds after long-awaited IPO priced within expectations ** STUB opens at $25.35 vs $23.50 IPO price. Stock last up 10.4% at $25.95 in early trade ** New York-based STUB late Tues said it sold about 34 mln shares in middle...Reuters
an hour ago
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Key PointsOn Tuesday, Cathie Wood bought shares of AMD, Airbnb, and Figma.AMD and Airbnb are experiencing some near-term headwinds, but they both have strong long-term potential.Figma has plummeted by 62% from the post-IPO peak it hit this summer -- but it's still not textbook cheap.10 stocks we lik...The Motley Fool
2 hours ago
U.S. STOCKS ON THE MOVE-Oruka Therapeutics, Regeneron, natgas companies
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed in choppy trading on Wednesday, with the S&P 500 muted ahead of a widely expected interest-rate cut from the U.S. Federal Reserve later in the d...Reuters
2 hours ago
