News
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Gold miners down as bullion prices extend declines
** Shares of gold miners down, tracking decline in bullion prices GOL/** Spot gold XAU= down 0.7% at $3,322.83/ounce, after hitting session low of $3,309.59/ounce ** Gold prices extended declines and fell nearly 1% after upbeat U.S. economic data aided Federal Reserve's cautious stanc...Reuters
Thu, Jul 17
US STOCKS-Wall St edges up as strong retail sales data, earnings lift sentiment
Indexes up: Dow 0.34%, S&P 500 0.09%, Nasdaq 0.11%Chip stocks jump after TSMC's record quarterly profitPepsiCo expects smaller decline in annual core profit, shares upJune retail sales rise 0.6% By Pranav Kashyap and Nikhil Sharma July 17 (Reuters) - Wall Street's main indexes inched ...Reuters
Thu, Jul 17
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth $1 Trillion in 5 Years
Key PointsPalantir has jumped 5x in the past year, and it still has room for more upside despite an expensive valuation.The rapid adoption of AI software to enable productivity improvements is turning out to be a tailwind for this company.Palantir is growing at a faster pace than the end market it i...The Motley Fool
Thu, Jul 17
These Were the 2 Best-Performing Stocks in the S&P 500 in June 2025
Key PointsJune was the S&P 500's second-best monthly performance of the year.Coinbase led the way for the S&P 500 in its first full month included in the index.Oracle's cloud business is picking up momentum with a new $30 billion deal.10 stocks we like better than Coinbase Global › June was a great ...The Motley Fool
Thu, Jul 17
LIVE MARKETS-S&P 500, Nasdaq on track for fresh record closes
Main US indexes modestly greenJul NAHB housing market index 33 vs 33 estEuro STOXX 600 index up ~0.9Dollar, crude up; gold declines; bitcoin down >1%US 10-Year Treasury yield edges down to ~4.43%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sha...Reuters
Thu, Jul 17
US SEC, Musk seek more time for billionaire to respond to SEC's lawsuit
NEW YORK, July 17 (Reuters) - The U.S. Securities and Exchange Commission and Elon Musk asked a federal judge on Thursday to give the billionaire more time to respond to the SEC's civil lawsuit accusing him of waiting too long in 2022 to reveal his large stake in Twitter, the social media compan...Reuters
Thu, Jul 17
Nvidia-Linked Stocks Mostly Rise With SoundHound AI up 6%
Nvidia-linked stocks mostly jumped in morning trading. SoundHound AI and Aurora Innovation rose 6%; Applied Digital rose 5%; Recursion Pharmaceuticals, Cerence, and Serve Robotics rose 4%; Arbe Robotics rose 3%; WeRide and Arm rose 2%; while CoreWeave fell 3%; Micron fell 4%.Tiger News
Thu, Jul 17
PepsiCo rises after forecasting smaller fall in annual core profit, upbeat quarter
** Shares of PepsiCo PEP.O up as much as 7.4% at $145.32 - highest since April 2025 ** If gains hold, stock set for best day since April 2020 ** Co expects smaller drop in annual core profit owing to resilient demand for its energy drinks and healthier soda brands** Expects full-year core earnin...Reuters
Thu, Jul 17
Scotiabank starts coverage on Oracle with 'sector outperform'
** Scotiabank initiates coverage on cloud service provider Oracle ORCL.N with "sector outperform" rating and $300 PT** New PT represents 24% premium to stock's last close** Brokerage sees Oracle's cloud-computing platform well-positioned in terms of competitive pricing, performance a...Reuters
Thu, Jul 17
Kinder Morgan Raises 2025 Outlook
Energy infrastructure specialist Kinder Morgan (NYSE:KMI) posted its fiscal 2025 second-quarter results on July 16, 2025, reporting a 6% rise in adjusted EBITDA compared to the prior year and a 12% increase in adjusted EPS versus Q2 2024. The company raised its project backlog to $9.3 billion, secur...The Motley Fool
Thu, Jul 17
Sarepta soars on plan to cut jobs following two patient deaths
** Shares of gene therapy maker Sarepta Therapeutics SRPT.O soar 20.6% to $22.1 ** The company said late Wednesday it plans to cut 36% of its workforce, or about 500 jobs, following a setback with its gene therapy Elevidys, which was linked to two patient deaths** Elevidys is the only gene therapy a...Reuters
Thu, Jul 17
Abbott falls after Q3 profit forecast disappoints investors
** Shares of medical device maker Abbott Laboratories ABT.N fall 7.3% to $122.11 premarket** Abbott forecasts Q3 adj profit between $1.28 and $1.32 per share vs analysts' average estimate of $1.34 per share, according to data compiled by LSEG** Company posts Q2 profit of $1.26 per share compared...Reuters
Thu, Jul 17
Could Investing $10,000 in Pool Corp. Make You a Millionaire?
Key PointsThe pool supplies distributor is a holding of Berkshire Hathaway.Pool's business has an inherent growth bias as people make home additions.The stock has soared since 2000, but has backtracked sharply since the pandemic.10 stocks we like better than Pool › Could Pool Corporation (NASDAQ: PO...The Motley Fool
Thu, Jul 17
ADM falls after Trump says Coca-Cola agreed to use real cane sugar in US
** Shares of agricultural commodities trader Archer-Daniels-Midland ADM.N fall 1.6% to $53.15 in morning trading** U.S. President Donald Trump said on Wednesday that Coca-Cola KO.N had agreed to use cane sugar in its beverages in the U.S. after his discussions with the company** ADM is a major U.S. ...Reuters
Thu, Jul 17
Black Rifle Coffee rallies after $35 mln equity raise
** Shares of BRC Inc BRCC.N, known as Black Rifle Coffee Company, reverse premarket losses and last up 17.2% at $1.77 early Thurs after follow-on priced** Veteran-founded coffee seller announced 28 mln shares at $1.25 for $35 mln gross proceeds** Offering priced at 17.2% discount to stock's last...Reuters
Thu, Jul 17
Health insurers slide after Elevance cuts annual profit forecast on higher medical costs
** Shares of health insurers fall after Elevance ELV.N cut its annual profit forecast due to higher medical costs** ELV trims annual profit forecast to about $30 per share, compared with a previous projection of $34.15 to $34.85 per share, analysts on average were expecting $34.23, according to data...Reuters
Thu, Jul 17
Snap-On hits three month high after Q2 revenue beats estimates
** Shares of tool maker Snap-On SNA.N rise 7% to $335 in early trade, hitting a three month high** SNA beats estimates for the second-quarter revenue as steady demand from auto part retailers and repair shops boosted the tool-making segments** Co posts Q2 revenue of $1.18 bln, slightly above analyst...Reuters
Thu, Jul 17
ANALYSIS-US companies adopt options strategies to shield euro revenues in case dollar recovers
US companies are buying put options to hedge euro revenue FX options market shows mixed sentiment on euro's outlookNarrative of fading US exceptionalism not playing outOptions market unwinding short dollar positionsBy Laura Matthews NEW YORK, July 17 (Reuters) - Some U.S. companies are taking...Reuters
Thu, Jul 17
Uber to invest $300 million in EV maker Lucid as part of robotaxi deal
Uber to deploy 20,000 Lucid SUVs with Nuro's AV techLucid-Nuro prototype operating at Las Vegas testing facilityChallenges remain for AV commercialization due to costs and regulationsBy Abhirup Roy and Akash Sriram SAN FRANCISCO, July 17 (Reuters) - Uber UBER.N will invest $300 million in ele...Reuters
Thu, Jul 17
Elevance falls to over four-year low after annual profit forecast cut
** Shares of health insurer Elevance Health ELV.N fall 9.7% to over four- year low of $311.07** Co trims annual profit forecast to about $30 per share, compared with a previous projection of $34.15 to $34.85; analysts on average were expecting $34.23, according to data compiled by LSEG.** ELV report...Reuters
Thu, Jul 17
Why D-Wave Quantum Stock Skyrocketed 74.3% in the First Half of 2025 -- and What Comes Next
Key PointsD-Wave Quantum stock saw some big swings across the stretch, but it managed to post huge gains in this year's first half. The launch of the company's Advantage2 quantum computing system helped power a massive rally for the stock. D-Wave stock has continued to rally early in 2025's second h...The Motley Fool
Thu, Jul 17
This Artificial Intelligence (AI) Stock Trades at Just 22 Times Earnings -- and It's Growing Fast
Key PointsMicron's earnings are expected to multiply substantially, and yet the stock can be bought at an incredibly attractive valuation right now.The growth opportunity in the memory chip market, driven by AI applications, should enable this chipmaker to deliver outstanding growth.10 stocks we lik...The Motley Fool
Thu, Jul 17
Mondelez up after Jefferies upgrades to 'buy', raises PT
** Shares of Cadbury parent Mondelez International MDLZ.O up ~2% at $68.80 in early trading** Brokerage Jefferies raises rating to "buy" from "hold", hikes PT to $78 from $66** While U.S. retail sales data suggests a still pressured consumer, we believe Europe dynamics, strong execut...Reuters
Thu, Jul 17
