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Barclays raises Illinois Tool Works' PT on signs of demand momentum
Barclays lifts PT on industrial parts and equipment maker Illinois Tool Works ITW.N to $275 from $244, maintains "underweight" ratingNew PT implies a 6.3% downside from stock's last closeBarclays says co is seeing signs of improving demand heading into 2026, especially in auto OEM and co...Reuters
4 minutes ago
Grocery giant Kroger names former Walmart executive Greg Foran as CEO
Feb 9 (Reuters) - Grocery giant Kroger KR.N on Monday named former Walmart executive Greg Foran as its chief executive, capping a year-long search following the ouster of Rodney McMullen last March.The U.S. grocer removed McMullen last year after a board investigation found that his personal conduct...Reuters
5 minutes ago
LIVE MARKETS-AI divergence accelerates in Europe, spotlighting new sector winners – UBS
STOXX 600 up 0.1%Asian stocks rally after Japan electionNasdaq futures inch lowerWelcome 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.com AI DIVERGENCE ACCELERATES IN EUROPE, SPOTLIGHT ON...Reuters
5 minutes ago
Apollo beats profit expectations as lending surges, assets jump to $938 billion
By Isla Binnie and Utkarsh Shetti Feb 9 (Reuters) - Apollo Global Management APO.N reported a 13% rise in fourth-quarter profit on Monday, surpassing Wall Street expectations, buoyed by strong debt origination and inflows of fresh client money.The growth was driven by origination of a record $97 ...Reuters
6 minutes ago
UBS initiates Electrolux at 'neutral', says 'gentle spin not yet full cycle'
UBS initiates coverage of Electrolux ELUXb.ST with "neutral", seeing both upside and downside risks as evenly balanced as the Swedish home appliance maker's margin recovery is offset by a challenging marketThe brokerage notes the market outlook remains modest, with growth driven by execu...Reuters
8 minutes ago
This Top Artificial Intelligence (AI) Stock Could Have More Upside in 2026
Key PointsCorporate spending on AI doesn't show signs of slowing anytime soon.Nvidia is widening its competitive lead in the AI market with its investment in advanced computing systems. 10 stocks we like better than Nvidia › Shares of Nvidia (NASDAQ: NVDA) are up about 47% over the past year. The cu...The Motley Fool
8 minutes ago
Hims tumbles after Novo Nordisk's lawsuit over patent infringement
Shares of U.S. telehealth firm Hims & Hers Health HIMS.N fall 19.7% in premarket tradingNovo Nordisk NOVOb.CO shares up 8%, on track for best day since December; Eli Lilly LLY.N gains 2% premarket *Novo says it has filed a lawsuit against Hims & Hers for infringing on the Danish group's ...Reuters
13 minutes ago
GLOBAL MARKETS-Stocks rise as investors get respite from AI rout, focus on key US data
Japanese shares hit record highs after Takaichi's election winRaft of US data to test market bets for June rate cutConcerns over AI spending persist despite market reboundSilver, gold steady after wild swingsBy Wayne Cole and Amanda Cooper SYDNEY/LONDON, Feb 9 (Reuters) - Global equities rall...Reuters
16 minutes ago
Kyndryl drops as CFO departs amid reporting delay
Technology services company Kyndryl's KD.N shares fall 7.6% to $21.70 premarketCo unable to file quarterly report within deadline, citing material weaknesses in internal control over financial reportingCo says financial statements for FY 2025 should no longer be relied uponCFO David Wyshner depa...Reuters
16 minutes ago
Becton Dickinson falls after lowering 2026 profit forecast
Shares of medical device maker Becton Dickinson BDX.N fall 4.7% to $200.24 premarketCo lowers forecast for 2026 adj. profit per share to between $12.35 and $12.65, compared with prior forecast of $14.75 to $15.05Analysts were expecting annual adj. profit per share of $14.72, according to data compil...Reuters
19 minutes ago
Forget the SpaceX IPO: 1 No-Brainer Stock to Buy Hand Over First for the Artificial Intelligence (AI) Space Economy
Key PointsSpaceX is rumored to be considering an initial public offering this year.CEO Elon Musk announced that SpaceX merged with xAI.Another "Magnificent Seven" stock offers investors more insulated access to the space exploration and AI economies. 10 stocks we like better than Alphabet › One of t...The Motley Fool
23 minutes ago
Jennifer Garner's Once Upon a Farm jumps after first-day pop
Shares of children's organic food firm Once Upon a Farm OFRM.N, co-founded by actor Jennifer Garner, up 17.3% premarket to $24.70 after strong NYSE debutBerkeley, California-based firm on Fri finished up 17% at $21.05 after $198 mln IPO priced at $18, as consumer IPOs show signs of a revivalAs o...Reuters
26 minutes ago
Is USDC an Underrated Crypto Play?
Key PointsUSDC is a dollar-pegged stablecoin that will retain its value over time.Investors can earn yield on their USDC holdings, just like they can with traditional bank deposits. Investors can tap into the long-term growth potential of USDC by investing in companies such as Circle Internet Group ...The Motley Fool
29 minutes ago
Cleveland-Cliffs falls after Q4 revenue miss
Shares of steel producer Cleveland-Cliffs CLF.N fall 3% to $14.28 after Q4 revenue misses estimatesCo reports Q4 revenue of $4.3 billion vs. analysts' estimates of $4.59 billion - data compiled by LSEGAttributes weak performance to persistently weak automotive sector production, an expiring five...Reuters
33 minutes ago
63% of 401(k) Savers Could Be Making a Huge Mistake
Key PointsIt's important to invest your 401(k) strategically.Data reveals that almost two-thirds of 401(k) savers may be shorting themselves on returns.Explore your 401(k)'s investments rather than settle for your plan's default option.The $23,760 Social Security bonus most retirees completely overl...The Motley Fool
34 minutes ago
U.S. STOCKS ON THE MOVE-Tegna, Kroger, silver miners
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street futures steadied on Monday, after a week marred by tech stock declines amid AI concerns that dragged the market lower, as investors awaited crucial economic data as well as hints...Reuters
37 minutes ago
Kyndryl flags material weaknesses in financial reporting
Feb 9 (Reuters) - Kyndryl KD.N said on Monday it anticipates material weaknesses in its internal control over financial reporting for the first two quarters of fiscal year 2026.Shares of the company fell about 7.6% in premarket trading. The company appointed Harsh Chugh as interim finance chief foll...Reuters
37 minutes ago
US STOCKS-Wall St futures slip as AI uncertainty persists; jobs, inflation data on tap
Futures down: Dow 0.13%, S&P 500 0.28%, Nasdaq 0.48%Chip stocks fall in premarket trading Nonfarm payrolls report due later in the weekEli Lilly gains after Hims abandons $49 weight-loss pillKroger jumps after report ex-Walmart executive to become CEOBy Twesha Dikshit and Nikhil Sharma Feb 9 ...Reuters
39 minutes ago
The Underground Defense Technology Stock That's About to Shock Wall Street (It's Not What You Think)
Key PointsKratos could benefit dramatically even if a small portion of the U.S. defense procurement spending is shifted away from traditional players to smaller defense-tech companies.Its XQ-58 Valkyrie drone program with the U.S. Marine Corps can prove to be a significant growth catalyst.Kratos als...The Motley Fool
41 minutes ago
LIVE MARKETS-U.S. investors are looking beyond Wall Street
STOXX 600 up 0.1%Asian stocks rally after Japan electionNasdaq futures inch lowerWelcome 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.com U.S. INVESTORS ARE LOOKING BEYOND WALL STREETA cl...Reuters
47 minutes ago
