News
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Nvidia bets big on Intel with $5 billion stake and chip partnership
SAN FRANCISCO, Sept 18 (Reuters) - Nvidia NVDA.O on Thursday said it will invest $5 billion in Intel INTC.O, throwing its heft behind the struggling U.S. chipmaker just weeks after the White House engineered an extraordinary deal for the U.S. government to take a massive stake in the company.
Reuters
6 minutes ago
Intel jumps on Nvidia's plan to invest $5 billion in co; AMD, TSMC fall
** Intel's shares INTC.O up 33% in volatile premarket trading after Nvidia NVDA.O says it will invest $5 billion in co** NVDA up 3%, while Applied Materials AMAT.O, Lam Research LRCX.O, Micron Tech MU.O rise 2.3%-7%** AMD AMD.O shares down 5.5% investment signals a deepening alliance that could ...Reuters
10 minutes ago
Radian to buy Lloyd's syndicate Inigo for $1.7 billion in specialty insurance push
Sept 18 (Reuters) - Radian Group RDN.N said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty insurer.The company's expansion into the Lloyd's global specialty market follows a strategic review to diver...Reuters
17 minutes ago
INSTANT VIEW-Nvidia's $5 billion bet on Intel
Sept 18 (Reuters) - Nvidia NVDA.O said on Thursday it will invest $5 billion in Intel INTC.O, throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. government to take a massive stake in the company.Nvidia's support represents a new o...Reuters
24 minutes ago
COLUMN-Heightened uncertainties feed Fed inconsistencies: McGeever
By Jamie McGeever ORLANDO, Florida, Sept 18 (Reuters) - The Federal Reserve cut interest rates on Wednesday for the first time in nine months, arguing the move is necessary to counter increasing risks to the labor market. The rationale is sound enough. There's only one problem - it seems to c...Reuters
26 minutes ago
DuPont revises 2025 sales outlook to reflect spin-off; shares rise
** Shares of chemicals and industrial solutions maker DuPont DD.N up 1.4% at $77.86 premarket ** Co recasts its prior outlook to reflect the planned spin-off of its electronics unit and the divestiture of its Aramids business** Company cuts Q3 adj profit est. to $1.06 per share from prior view of $1...Reuters
27 minutes ago
U.S. STOCKS ON THE MOVE-Intel, Nike, Aptevo
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures gained on Thursday, with those tied to the S&P 500 and the Nasdaq at record highs a day after the U.S. central bank delivered a quarter-point interest rate cut, ...Reuters
36 minutes ago
Street View: CrowdStrike's growth balanced by valuation risks, analysts show mixed views
** CrowdStrike CRWD.O on Wednesday offered an out-year net-new annual recurring revenue forecast target of 20%-plus at its annual Fal.Con conference** CRWD shares up 5.80% at $471.34 premarket** At least six brokerages have raised PT** Median PT of 55 brokerages covering the stock is $489; average a...Reuters
36 minutes ago
US STOCKS-S&P 500, Nasdaq futures hit record highs after Fed cuts rates; Intel soars
Futures up: Dow 0.67%, S&P 500 0.86%, Nasdaq 1.18%Nucor falls after downbeat quarterly forecastIntel jumps as Nvidia takes $5 bln stake in coWeekly jobless claims data due at 8:30 a.m. ETBy Purvi Agarwal and Sukriti Gupta Sept 18 (Reuters) - U.S. stock index futures gained on Thursday, with t...Reuters
36 minutes ago
SNAPSHOT-India stocks, rupee, swaps, call at close
Sept 18 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN settled 0.39% higher at 83,013.96 and the broader NSE Nifty 50 index .NSEI advanced 0.37% to 25,423.6, led by IT and pharmaceutical shares after the U.S. Federal Reserve delivered a quarter point rate cut and on signs of easing trade tension...Reuters
37 minutes ago
SNAPSHOT-India stocks, rupee, swaps, call at close
Sept 18 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN settled 0.39% higher at 83,013.96 and the broader NSE Nifty 50 index .NSEI advanced 0.37% to 25,423.6, led by IT and pharmaceutical shares after the U.S. Federal Reserve delivered a quarter point rate cut and on signs of easing trade tension...Reuters
37 minutes ago
GE Healthcare rises after report co exploring stake sale in China unit
** Medical device maker GE Healthcare GEHC.O up 1.1% at $77.50 premarket** GEHC is exploring options including the sale of stake in its China unit, Bloomberg News reports, citing people familiar with the matter** Company did not immediately respond to a Reuters request for comment** A potential tran...Reuters
41 minutes ago
MSCI Emerging Markets Stocks End 9-Day Rally — Blame the Fed’s Lack of Dissent
TradingKey - Emerging market equities' 9-day rally stalled after the September Fed meeting, where the first rate cut of 2025 was delivered as expected. Beyond the fact that the cut was already priced in, the lack of dissenting voices within the FOMC emerged as a surprising headwind.TradingKey
42 minutes ago
What's Going On With Adobe Stock?
Adobe (NASDAQ: ADBE) stock investors are not convinced the company can withstand innovative new companies in its industry.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices...The Motley Fool
43 minutes ago
Larry Ellison Has $384 Billion in These 3 Stocks -- Are They Worth Buying Right Now?
Key PointsOracle is poised to reap billions from cloud and data center technologies.Tesla stock is highly volatile, like its CEO.A new media merger has enormous potential.10 stocks we like better than Oracle › The recent surge in the share price of Oracle (NYSE: ORCL) briefly made CEO Larry Ellison ...The Motley Fool
43 minutes ago
Living Costs Outpace Social Security: Most Retirees Say They're Cutting Back
Key PointsSocial Security checks go out every month to help seniors cover their costs of living.For over half of recipients, losing half of a Social Security check would be a severe hardship.Inflation chips away at the buying power of Social Security -- and will continue to do so.The $23,760 Social ...The Motley Fool
43 minutes ago
CANADA STOCKS-TSX futures edge higher with Fed, BoC open to further rate cuts
Sept 18 (Reuters) - Futures tied to Canada's main stock index inched up on Thursday, as the Bank of Canada and the U.S. Federal Reserve left the door open for further rate cuts this year after making a quarter-point reduction on Wednesday.Futures for the S&P/TSX index .SXFcv1 rose 0.3% to 1,...Reuters
47 minutes ago
Darden Restaurants falls after missing quarterly profit estimates
** Shares of Olive Garden-parent Darden Restaurants DRI.N down ~6% at $196 premarket** Co posts Q1 adjusted EPS of $1.97 vs. estimates of $2, while sales of $3.04 are in line with expectations- data compiled by LSEG** Casual dining restaurants are facing demand concerns due to macroeconomic uncertai...Reuters
50 minutes ago
Intel soars 30% as Nvidia set to invest $5 billion
** Shares of Chipmaker Intel INTC.O soars 30.3% to $32.45 premarket after Nvidia NVDA.O said it will invest $5 billion in the chipmaker ** The partnership includes a plan for Intel and Nvidia to jointly develop PC and data center chips** NVDA will pay $23.28 per share for Intel common stock, a price...Reuters
52 minutes ago
The Best Semiconductor ETF to Invest $500 in Right Now
Key PointsSemiconductors are now vital for our modern economy in so many ways.The iShares Semiconductor ETF has performed extremely well in past years.It provides investors with a convenient sector portfolio and features low fees.10 stocks we like better than iShares Trust - iShares Semiconductor ET...The Motley Fool
58 minutes ago
