News
Important Only
Rithm Capital Corp. Prices 7.6 Million Shares Of 8.75% Series E Preferred Stock at Liquidation Preference $25 Per Share
Sept 18 (Reuters) - Rithm Capital Corp RITM.N:RITHM CAPITAL CORP. ANNOUNCES PRICING OF PUBLIC OFFERING OF PREFERRED STOCKRITHM CAPITAL CORP - PRICES 7.6 MILLION SHARES OF 8.75% SERIES E PREFERRED STOCKRITHM CAPITAL CORP - LIQUIDATION PREFERENCE $25 PER SHARE, GROSS PROCEEDS $190 MILLIONReuters
23 minutes ago
Lennar falls after quarterly profit decline
Sept 18 (Reuters) - ** Shares of homebuilder Lennar LEN.N fall about 3% to $128.5 after the bell** LEN reports a 46% year-on-year decline in Q3 profit as inflationary pressures continue to weaken demand for homes** Reports Q3 earnings of $2.29 per share, compared with $4.26 per share a year earlier ...Reuters
26 minutes ago
FedEx results top targets on cost-cutting, shares jump 5.5% after the bell
By Abhinav Parmar and Lisa BaertleinSept 18 (Reuters) - FedEx FDX.N on Thursday reported quarterly profit and revenue above Wall Street estimates, as cost-cutting and strength in domestic delivery helped offset weaker international volumes following the U.S. decision to end tariff exemptions on low-...Reuters
39 minutes ago
GLOBAL MARKETS-Bull run in stocks continues; US dollar rises after US jobless claims data
Wall Street stocks reach record highPound dips after BoE leaves rates unchangedUS Treasury 10-year yields riseEuropean shares gainCrude oil prices settle lower, gold retreatsBy Chibuike Oguh NEW YORK, Sept 18 (Reuters) - World equity markets reached a new peak on Thursday, powered by a continuing...Reuters
47 minutes ago
Stock Market Today: NVIDIA Rises After Announcing Strategic Intel Collaboration
NVIDIA Corp (NASDAQ: NVDA) closed at $176.24, up 3.49%. Trading volume reached 191.06 million shares, slightly above its three-month average of 174.199 million.Markets broadly moved higher. The S&P 500 (SNPINDEX: ^GSPC) rose 0.48%, while the Nasdaq Composite(NASDAQINDEX: ^IXIC) gained 0.94%, buoyed ...The Motley Fool
51 minutes ago
Why SES AI Stock Leaped Nearly 22% Higher on Thursday
Key PointsThe battery developer closed its latest acquisition.This is a $25.5 million deal for energy storage systems business UZ Energy.10 stocks we like better than Ses Ai › Next-generation battery developer SES AI's (NYSE: SES) shares were positively electric on Thursday. On news that the company...The Motley Fool
57 minutes ago
Stock Market Today: Snap Rises on New Spectacles and Snap OS 2.0 Announcement
Snap Inc (NYSE: SNAP) closed at $8.44, up 5.63%. Trading volume reached 186.9 million shares, more than three times its three-month average of 59.0 million.U.S. markets strengthened, with the S&P 500 (SNPINDEX: ^GSPC) gaining 0.48% to 6,631.96 and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rising 0.9...The Motley Fool
59 minutes ago
AMD Fell Today -- Is the Stock a Buy Right Now?
Key PointsAMD stock fell following news that Nvidia is taking a $5 billion stake in Intel. Some investors were concerned that a partnership will emerge that threatens AMD. Nvidia's investment likely has more to do with Intel's chip foundry business than its chip design business. 10 stocks we like be...The Motley Fool
an hour ago
Why Nektar Therapeutics Stock Zoomed More Than 15% Higher Today
Key PointsThe biotech published a readout from a clinical trial of an investigational treatment for a skin disorder.Rezpegaldesleukin did well in its latest atopic dermatitis study.10 stocks we like better than Nektar Therapeutics › Clinical-stage biotech Nektar Therapeutics (NASDAQ: NKTR) had some ...The Motley Fool
2 hours ago
Stock Market Today: Intel Surges on Nvidia Stake and Chip Partnership
Intel Corp (NASDAQ: INTC) skyrocketed 22.8% today to close at $30.57, driven by a major investment and partnership announcement. Trading volume topped 520 million shares, more than five times its three-month average of about 97 million on the news. The stock also reached its 52-week high of $32.38 i...The Motley Fool
2 hours ago
GLOBAL MARKETS-Bull run in stocks continues with US dollar rising after Fed rate cut
Wall Street stocks reach record high after Fed cutPound dips after BoE leaves rates unchangedUS Treasury 10-year yields riseEuropean shares gainCrude oil prices settle lower, gold retreatsBy Chibuike Oguh NEW YORK, Sept 18 (Reuters) - World equity markets reached a new peak on Thursday, powered b...Reuters
2 hours ago
TRADING DAY-Fed cuts, world stocks rip
By Jamie McGeever ORLANDO, Florida, Sept 18 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Wall Street and world stocks roared to new highs on Thursday, boosted by the Federal Reserve's interest rate cut the day before and a 23...Reuters
2 hours ago
Jasper Therapeutics tumbles after unveiling equity offering plans
** Shares of Jasper Therapeutics JSPR.O down 13% in extended trading to $2.25 as co seeks equity raise** Redwood City, California-based JSPR announces proposed offering of stock and warrants; deal size not disclosed** Co says intends to use net proceeds to advance preclinical/clinical development pr...Reuters
2 hours ago
CANADA STOCKS-TSX hits another record high as rate cuts offset valuation concerns
TSX ends up 0.5% at 29,453.53Eclipses Monday's record closing highTechnology sector gains 1.7%Financials add 0.5%By Fergal Smith Sept 18 (Reuters) - Canada's main stock index rose on Thursday to another record high, led by technology shares, as central bank interest rate cuts offset conce...Reuters
2 hours ago
Why KLA Stock Triumphed on Thursday
Key PointsIt was quite a banner day for chip stocks.One monster company in the sector announced a major investment in another.10 stocks we like better than KLA › Given how KLA (NASDAQ: KLAC) stock performed on the market Thursday, the company probably doesn't want the trading week to end. Its shares...The Motley Fool
2 hours ago
Russell 2000 notches record close for first time since 2021
Sept 18 (Reuters) - The Russell 2000 index notched a record-high close on Thursday for the first time in four years, reflecting growing optimism about small-cap U.S. companies as lower interest rates boost investor confidence. The index .RUT gained 2.5% for the session to close at 2,467.70, eclip...Reuters
2 hours ago
UPS shares rise after company abandons bid for Mexican parcel firm
** Shares of United Parcel Service UPS.N rose 3% to ~$87 in extended trading ** Company terminated its plans to acquire Mexican parcel firm Estafeta, saying that all closing conditions did not meet ** It first announced the acquisition in July 2024 but did not disclose the deal value ** Fourteen of ...Reuters
3 hours ago
SentinelOne Continues to Sharpen Its AI Edge
Key PointsSentiment for SentinelOne's shares has stabilized, thanks to recent takeover speculation.Potential gains from improved results will likely exceed what a buyer is willing to pay for the company.10 stocks we like better than SentinelOne › In July, SentinelOne (NYSE: S) became the subject of ...The Motley Fool
3 hours ago
Gevo, Biorecro partner to commercialize carbon removal credits from North Dakota site; shares fall
** Shares of U.S.-based renewable fuels company Gevo GEVO.O falls 1.9% to $2.05 in extended trading ** Company's unit signs agreement with Biorecro North America for the commercialization of carbon dioxide removal credits generated at the Gevo North Dakota facility ** GEVO expects to generate a...Reuters
3 hours ago
