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Japan's Nikkei closes above 45,000 for first time on tech boost, Fed decision
By Rocky Swift TOKYO, Sept 18 (Reuters) - Japan's Nikkei share closed above 45,000 for the first time on Thursday, underpinned by technology shares, as optimism swept into the market following the U.S. Federal Reserve's widely anticipated 25-basis-point interest rate cut. The Nikkei 225 ...Reuters
12 minutes ago
EMERGING MARKETS-Asian currencies retreat on Fed's stance; rupiah slides on local risks
Indonesia's rupiah down 0.6%, lowest since May 15Broad EM currencies retreat against US dollarPhilippine peso and Thai baht down 0.6%MSCI EM Asia equity gauge turns redTaiwan, S.Korea stocks at record highsBy Sameer Manekar Sept 18 (Reuters) - Asian currencies fell on Thursday as the U.S....Reuters
23 minutes ago
2 Trillion-Dollar Artificial Intelligence (AI) Stocks That Can Plunge Up to 95%, According to Select Wall Street Analysts
Key PointsEmpowering software and systems with artificial intelligence (AI) capabilities can, by one estimate, add $15.7 trillion to the global economy by 2030.The only analyst with a sell rating on Wall Street's largest public company is skeptical of its ability to maintain its growth rate and stav...The Motley Fool
26 minutes ago
China Moves to End Google Antitrust Probe while Targeting Nvidia: A Signal to Washington?
TradingKey - Sources say China is planning to terminate its antitrust investigation into Google, shifting regulatory focus squarely onto chip giant Nvidia. Beijing’s strategy of using the “blockade of Nvidia” as leverage to strengthen its bargaining position is becoming increasingly evident.
TradingKey
27 minutes ago
Is Centrus Energy Stock a Buy Now?
Key PointsCentrus Energy is the only U.S.-licensed supplier of high-assay low-enriched uranium (HALEU). The company has a contract with the U.S. Department of Energy, as well as a backlog worth about $3.6 billion. 10 stocks we like better than Centrus Energy › When you think of the next generation o...The Motley Fool
27 minutes ago
After Its New $6.3 Billion Deal With Nvidia, Is It Finally Time to Buy CoreWeave Stock?
Key PointsThe rise of AI has created a compelling opportunity for neocloud operators.CoreWeave is the largest of these and boasts a deepening relationship with Nvidia.The recent stock price presents an intriguing opportunity for risk-tolerant investors.10 stocks we like better than Nvidia › The adve...The Motley Fool
30 minutes ago
UK Stocks-Factors to watch on September 18
Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 largely unchanged.* NEXT: British fashion retailer Next NXT.L reported a 13.8% rise in first half profit and stuck to its full year profit forecast but said it remained cautious about second h...Reuters
43 minutes ago
LIVE MARKETS-Europe before the bell: futures higher after Fed rate cut
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: FUTURES HIGHER AFTER FED RATE CUTEuropean stock futures and their U.S. counterparts are trading higher on Thurs...Reuters
51 minutes ago
GLOBAL MARKETS-Stocks churn as traders assess Fed outlook following rate cut
Fed's Powell signals cautious approach to further rate cutsStocks, FX markets tentative after Fed cut, assess future easing New Zealand, Australia stocks falter By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) - Global stock markets were choppy on Thursday after the Federal Reserve delive...Reuters
an hour ago
LIVE MARKETS-There are Fed weeks where decades happen
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTHERE ARE FED WEEKS WHERE DECADES HAPPEN As Vladimir Lenin had it, just as there are decades where nothing happens, there are we...Reuters
2 hours ago
The 7 Largest Publicly Traded Ethereum Treasury Firms
The trend of listed companies adopting cryptocurrency treasury strategies may have originated with Bitcoin, but it has since expanded to various digital assets - including the second-largest cryptocurrency asset by market capitalization - Ethereum.Now, the race for Ether has begun, with leading figu...Tiger News
2 hours ago
India's Biocon gains after unit gets US FDA approval for bone treatment drugs
** Shares of Biocon BION.NS rise 2.2% to 362.05 rupees** Pharmaceuticals co's subsidiary Biocon Biologics gets U.S. Food and Drug Administration approval for Bosaya and Aukelso** Drugs are biosimilars of Denosumab, made by U.S. pharma firm Amgen AMGN.O** Bosaya approved for treatment of postmeno...Reuters
2 hours ago
HSBC cuts TP, earnings estimate on India's Page Industries; shares slide
** HSBC cuts target price on India's Page Industries PAGE.NS to 41,040 rupees from 41,070 rupees; re-iterates "reduce" rating** PAGE falls 2.2% ** New TP implies a 9.5% downside on last close ** Brokerage says PAGE's launch of JKY Groove, which targets younger consumers through athle...Reuters
2 hours ago
India's Natco Pharma rises after US FDA closes inspection without urging action
** Shares of Natco Pharma NATP.NS rise 3% to 883.20 rupees** U.S. Food and Drug Administration (FDA) completed inspection at its Hyderabad plant, classifying the facility as Voluntary Action Indicated (VAI)** VAI indicates the agency is not prepared to take or recommend any administrative or regulat...Reuters
2 hours ago
Crypto Daily | SEC Paves Way for Crypto Spot ETFs With New Listing Rules; Bullish's Earnings Beat Estimates
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSEC Paves Way for Crypto Spot ETFs with New Listing RulesThe Securities and Exchange Commission voted on Wednesday to approve proposed rule changes by three nationa...Tiger News
2 hours ago
UK Stocks-Factors to watch on September 18
Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.16%. * ANGLO AMERICAN: Brazil's antitrust watchdog CADE has dismissed an investigation into Anglo American's AAL.L plan to sell its nickel operations in the country to a uni...Reuters
2 hours ago
India's Hindalco falls after fire halts production at US unit
** Shares of Hindalco HALC.NS fall ~1% to 744.50 rupees** The miner said a fire halts production at aluminium recycling unit Novelis in Oswego, New York ** Co says the incident occurred on September 16 and no injuries were reported ** HALC, the second-heaviest stock in the Nifty Metal index .NIFTYME...Reuters
3 hours ago
Indian IT stocks rise to 8-week high on Fed rate-cut boost
** The Nifty IT index .NIFTYIT rises 1.3% and was the top percentage gainer among 16 major sub-indexes ** The index hits its highest point since late-July** IT stocks boost gains in blue-chip Nifty 50 .NSEI, which is up 0.4% .BO** The U.S. Federal Reserve cut interest rates by a quarter point on Wed...Reuters
3 hours ago
