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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 reportingCFO David Wyshner departs; Harsh Chugh, who is currently co's global head for corporate de...Reuters
14 minutes ago
Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?
Key PointsTesla's sales are falling, and costs are rising as the company transitions to robotics and self-driving cars.Meanwhile, Taiwan Semiconductor's and Micron's sales and earnings are on the rise as demand for AI infrastructure surges.The two AI stocks are far cheaper than Tesla and the broader...The Motley Fool
15 minutes ago
LIVE MARKETS-Policy uncertainty not confined to the dollar
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 POLICY UNCERTAINTY NOT CONFINED TO THE DOLLARPoli...Reuters
19 minutes ago
Kroger gains after naming former Walmart exec Greg Foran as CEO
Shares of grocery chain Kroger KR.N up ~5% at $71.34 premarket Co names ex-Walmart executive Greg Foran as CEO, succeeding interim boss Ron Sargent, effective immediately Co reaffirms previously issued fiscal 2025 forecast Kroger has been on the lookout for a new CEO since 2025 when...Reuters
19 minutes ago
1 Warren Buffett Stock to Buy Hand Over Fist and 1 to Avoid
Key PointsKraft Heinz is on the way out at Berkshire Hathaway, and for good reason.Coca-Cola remains a core holding from the Buffett era, and it appears reasonably priced.10 stocks we like better than Coca-Cola › Warren Buffett had a simple investment approach: Buy well-run companies when they are a...The Motley Fool
21 minutes ago
BREAKINGVIEWS-Andrea Orcel may become odd hero of M&A abstinence
By Neil Unmack LONDON, Feb 9 (Reuters Breakingviews) - Andrea Orcel is limbering up to be an unlikely symbol of M&A abstinence. The UniCredit CRDI.MI chief executive is a veteran dealmaker, and made the early running in what could turn into a wider European bank deal frenzy. But self-help opt...Reuters
23 minutes ago
Stephens raises Emerson Electric's PT on orders strength
Stephens raises price target on engineering solutions provider Emerson Electric EMR.N to $155 from $145, reiterates "equal-weight" ratingNew PT still represents a 1.5% downside to stock's last closeStephens notes solid recent order trends indicate momentum beyond FY26; increases its adju...Reuters
23 minutes ago
Kyndryl delays quarterly filing, flags financial reporting concerns
Feb 9 (Reuters) - Software provider Kyndryl KD.N on Monday delayed the filing of its quarterly report, saying it anticipates material weaknesses in its internal control over financial reporting for multiple periods, including the first two quarters of fiscal 2026.Shares of the company tumbled 38% in...Reuters
27 minutes ago
Is Anthropic's Agentic Artificial Intelligence (AI) Tool, Claude Cowork, Software's DeepSeek Moment?
Key PointsThe early 2025 launch of the DeepSeek chatbot -- which its developer claimed to have trained at a fraction of the cost of ChatGPT -- prompted a major sell-off in AI and chip stocks.Claude Cowork is an agentic AI tool that can complete non-coding tasks when granted access to select files by...The Motley Fool
31 minutes ago
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
33 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
33 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
33 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
34 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
36 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
36 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
42 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
44 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
48 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
51 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
55 minutes ago
