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CSL,VarmX deal aligns with R&D strategy, offers earnings upside, Morgan Stanley says
** Morgan Stanley says the agreement between CSL CSL.AX and VarmX aligns with the biotech giant's recalibrated R&D strategy, offering potential for earnings and valuation upside ** Brokerage expects potential mid-single-digit EPS accretion over long-term, with potential valuation upside ...Reuters
27 minutes ago
GLOBAL MARKETS-Stocks hit record highs, dollar falls as investors assess mixed Fed messages
Wall St marks record closes with a few tech stocks taking chargeIndian stocks slip after Trump's H-1B visa moveOil prices settle slightly lower on oversupply concernsGold hits fresh records, Treasury yields riseDollar falls as traders look for monetary policy cuesBy Sinéad Carew and Nell Mackenz...Reuters
an hour ago
Kenvue rises after hitting record low; Trump links autism with Tylenol
** Shares of Tylenol maker Kenvue KVUE.N up 5.5% at $17.90 in extended trading after falling 7.5% to a record low of $16.89 earlier in the day** U.S. President Donald Trump says there was a link between the use of popular over-the-counter pain medication Tylenol and the development of autism during ...Reuters
an hour ago
Why Lumen Technologies Stock Mashed the Market on Monday
Key PointsThe telecom is busy wiring this country with strands of fiber optic cable.It aims to build this out aggressively in the coming years.10 stocks we like better than Lumen Technologies › Lumen Technologies (NYSE: LUMN) saw a very healthy bounce in its stock price on Monday, following the tele...The Motley Fool
an hour ago
US STOCKS-Wall St indexes post record closing highs again, with Nvidia, tech shares higher
Nvidia shares up after it says it will invest $100 bln in OpenAIApple shares up after brokerage raises target priceSome Fed officials cast doubt on need for further rate cutsIndexes: Dow up 0.1%, S&P 500 up 0.4%, Nasdaq up 0.7%By Caroline Valetkevitch NEW YORK, Sept 22 (Reuters) - All thr...Reuters
an hour ago
Why Opendoor Technologies Stock Was Falling Today
Key PointsEric Jackson, the hedge fund manager who sparked the rally in Opendoor, is promoting a new stock.An acquisition elsewhere in the real estate industry could pose a new challenge to Opendoor.Expect the volatility in the stock to continue.10 stocks we like better than Opendoor Technologies › ...The Motley Fool
2 hours ago
Why GoPro Stock Soared by 19% Today
Key PointsGoPro made a list of top trusted businesses.The action camera specialist has been flagged as being exceptionally trustworthy.10 stocks we like better than GoPro › Inclusion on a list of prestigious businesses was a key news item driving GoPro (NASDAQ: GPRO) stock's price 19% higher on Mond...The Motley Fool
2 hours ago
Why Oracle Rallied Yet Again Today
Key PointsNvidia just de-risked Oracle's massive backlog. A deal for TikTok USA could be coming into focus. Oracle also named two new co-CEOs. 10 stocks we like better than Oracle › Shares of Oracle (NYSE: ORCL) were taking off again today, rising 6.7% on Monday.After revealing a massive increase in...The Motley Fool
2 hours ago
TRADING DAY-100 billion reasons to be bullish
By Jamie McGeever ORLANDO, Florida, Sept 22 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Wall Street rose to new highs on Monday, lifting global stocks to fresh peaks in the process as investors cheered the latest multi-billion-d...Reuters
2 hours ago
CANADA STOCKS-Gold mining shares help lift TSX to fresh record high
TSX ends up 0.6% at 29,958.98Surpasses Friday's record closing highMaterials group climbs 2.4% as gold hits a record highBombardier shares jump to a 17-year highBy Twesha Dikshit and Fergal Smith Sept 22 (Reuters) - Canada's main stock index rose on Monday to another record high as gold p...Reuters
2 hours ago
Nvidia to invest up to $100 billion in OpenAI, linking two artificial intelligence titans
Nvidia to supply OpenAI with data center chipsDeal involves non-voting shares and chip purchasesPotential antitrust scrutiny due to Nvidia's investmentBy Deepa Seetharaman and Akash Sriram Sept 22 (Reuters) - Nvidia NVDA.O will invest up to $100 billion in OpenAI and supply it with data cent...Reuters
2 hours ago
1 Incredible Reason to Buy Carnival Stock Before Sept. 29
Key PointsCarnival has been a rare turnaround story as it continues to enjoy strong demand.It has been prepaying and refinancing debt to save money.It should benefit from lower interest rates.10 stocks we like better than Carnival Corp. › Carnival Corp. (NYSE: CCL) (NYSE: CUK) stock has proven the n...The Motley Fool
2 hours ago
MBX Biosciences announces equity offering after stock doubles
** Shares of MBX Biosciences MBX.O down 3.8% in extended trading to $19.25 as it looks to capitalize on its surging stock by raising equity ** MBX shares on Mon closed up 100% at $20 after co said its experimental drug, canvuparatide, met main goal in mid-stage trial for adults with chronic hyp...Reuters
3 hours ago
LIVE MARKETS-Wall St, amid doldrums, drifts to fresh record closing highs
Major U.S. stock indexes advance; Nasdaq out frontInfo tech leads S&P sector gainers; comm svcs biggest laggardDollar dips; bitcoin slides nearly 3%; crude ~flat; gold hits record U.S. 10-Year Treasury yield edges up to ~4.15%Welcome to the home for real-time coverage of markets brought to you b...Reuters
3 hours ago
US STOCKS-Wall St indexes post record closing highs again, with Nvidia, tech shares higher
Nvidia shares up after it says it will invest $100 bln in OpenAIApple shares up after brokerage raises target priceSome Fed officials cast doubt on need for further rate cutsBy Caroline Valetkevitch NEW YORK Sept 22 (Reuters) - All three of the major U.S. stock indexes registered record closi...Reuters
3 hours ago
GLOBAL MARKETS-Stocks rise, dollar falls as investors assess mixed Fed messages
Wall St rises with a few tech stocks taking chargeIndian stocks slip after Trump's H-1B visa executive orderOil prices settle slightly lower on oversupply concernsGold hits fresh records, Treasury yields close to flatDollar falls as traders look for monetary policy cuesBy Sinéad Carew and Nell M...Reuters
3 hours ago
EMERGING MARKETS-Argentine markets make comeback after US lifeline
Latam stocks rise 0.19%, FX down 0.18%US pledges to support Argentina ahead of Trump-Milei meetArgentine assets jump across the board Banxico rate decision due this weekLATAM orders 24 Embraer E195-E2 jets, growing Brazil presenceBy Nikhil Sharma and Pranav Kashyap Sept 22 (Reuters) - Latin Ameri...Reuters
3 hours ago
Why UiPath Rallied Today
Key PointsUiPath received positive commentary from a Wall Street analyst, even though that analyst remained neutral on the stock. The move was more likely due to meme stock traders on the Wall Street Bets message board discussing a UiPath comeback over the weekend. 10 stocks we like better than UiPa...The Motley Fool
3 hours ago
INSTANT VIEW-Analysts react to Nvidia's $100 billion investment in OpenAI
Sept 22 (Reuters) - Chipmaker Nvidia NVDA.O is set to invest up to $100 billion in ChatGPT-parent OpenAI, signing a letter of intent for a strategic partnership to deploy at least 10 gigawatts of compute, the companies said on Monday.Nvidia has used its financial clout to keep its hardware central t...Reuters
4 hours ago
US STOCKS-Wall St indexes climb with Nvidia, tech shares; some Fed officials lukewarm on more rate cuts
Nvidia shares up after it says it will invest $100 bln in OpenAIApple shares up after brokerage raises target priceIndexes: Dow up 0.2%, S&P 500 0.5%, Nasdaq up 0.7%By Caroline Valetkevitch NEW YORK Sept 22 (Reuters) - All three of the major U.S. stock indexes were higher Monday afternoon...Reuters
4 hours ago
