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US STOCKS-Equities dip after Powell raises valuation concerns
Freeport-McMoRan tumbles after outlook; declares force majeure Lithium Americas soars after report Trump administration mulling stakeOracle dips after report it is looking to raise $15 bln in bond salesIndexes down: Dow 0.36%, S&P 500 0.42%, Nasdaq 0.5%By Chuck Mikolajczak NEW YORK, Sept 24 (...Reuters
27 minutes ago
Ethereum Tumbled 9%, Bitcoin Declined 3%. Here's What Investors Need to Know About Sept. 22's Sharp Crypto Sell-Off.
Key PointsDramatic price swings are a reminder that crypto prices continue to be volatile.Liquidations wiped out more than $1.6 billion in crypto.Crypto leverage is reaching the same levels as 2021 and 2022 before the last crypto bear market.10 stocks we like better than Ethereum › Cryptocurrency pr...The Motley Fool
28 minutes ago
Xcel Energy reaches settlement related to 2021 wildfire in Colorado
Sept 24 (Reuters) - Xcel Energy XEL.O said on Wednesday it has reached settlement agreements that resolve all claims related to the 2021 Marshall Fire in Colorado.The U.S. utility's unit, Public Service Company of Colorado (PSCo), expects to pay roughly $640 million related to the settlements, w...Reuters
40 minutes ago
Disney stock rises as Kimmel monologue racks up social media views
** Walt Disney DIS.N shares rising 1.1% after co returns Jimmy Kimmel to late-night television, ending his suspension following controversy over political remarks ** Kimmel’s return monologue on Tues night draws nearly 19 mln views on YouTube and Instagram by early Wed afternoon, but ABC affiliates...Reuters
an hour ago
B Riley downgrades Cool Company following EPS Ventures cash offer
** Shares of liquefied natural gas transporter Cool Company CLCO.N up 20.4% at $9.36 after company said EPS Ventures will acquire its remaining 40.7% outstanding shares for $520 million** Co's shares have steadily recovered from early Q2 troughs as rates improved off a deep bottom during a perio...Reuters
an hour ago
NBC Bancorp falls on $26 million buyout deal with Ballston Spa Bancorp
** New York-based community lender NBC Bancorp's NCXS.PK shares fall 7% to $60** Rival U.S. bank Ballston Spa Bancorp BSPA.PK will buy NCXS in a $26 million all-stock deal** Deal will create a combined $1.3 billion community bank serving the greater Capital District in New York and surrounding m...Reuters
an hour ago
US implements EU trade deal, 15% autos tariffs retroactive to Aug 1
US notice lists exemptions for EU aircraft and partsEU generic pharmaceuticals, compounds to avoid tariffsUS confirms exemptions for certain EU natural resourcesGerman auto shares up on confirmation of 15% tariff rateBy David Lawder WASHINGTON, Sept 24 (Reuters) - President Donald Trump's adm...Reuters
an hour ago
CORRECTED-GLOBAL MARKETS-Stocks edge down as dollar rises, gold falls after Fed's Powell offers no new clues
Wall Street, MSCI index stay close to flat Fed Chair Powell gives no new direction on rate cutsEuropean defence stocks jump after Trump's comments on UkraineUS new home sales show upside surpriseBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Sept 24 (Reuters) - MSCI's global equities ...Reuters
an hour ago
Victory Bancorp soars on buyout deal with QNB
** Community lender Victory Bancorp's VTYB.PK shares soar 51.3% to $18.38** U.S. bank QNB QNBC.PK will buy VTYB in a $41 million all-stock deal, the companies announced late on Tuesday** Deal will create a combined bank with nearly $2.4 billion in assets and bolster QNB's presence in Pennsyl...Reuters
an hour ago
Why APA Rallied Today
Key PointsAPA rallied along with oil prices, which spiked for a second day in a row. Tensions between NATO and Russia are increasing following Ukrainian attacks on Russian oil assets. In a significant change in tone, President Trump gave his blessing for Ukraine to retake territory it has lost to Ru...The Motley Fool
2 hours ago
Match Group falls as senators press on romance scams
** Match Group MTCH.O stock declining 1.1% after two U.S. senators sent letter urging Tinder owner to address dating scams on its platforms, seek info on fraud detection efforts ** Democratic Senator Maggie Hassan and Republican Senator Marsha Blackburn ask MTCH to provide docs on policies, procedu...Reuters
2 hours ago
Why Intel Stock Is Rallying Again Today
Key PointsMicron increased its outlook for PCs and traditional servers on its earnings call last night. Those are two of Intel's core markets. Stronger end markets should lead to stronger financials for Intel, giving it more ability to invest in its 18A and 14A nodes. 10 stocks we like better than ...The Motley Fool
2 hours ago
LIVE MARKETS-Government funding standoff could threatens Fed's data window
Major stock indexes red, Nasdaq down mostEnergy tops sector gains, materials fall the mostEuro STOXX 600 closes down ~0.2%Dollar up; crude jumps >2%; bitcoin up >1.5%; gold dipsU.S. 10-Year Treasury yield ticks up to ~4.14%Welcome to the home for real-time coverage of markets brought to you by...Reuters
2 hours ago
Activist Engine Capital pushes for changes at Acadia Healthcare
By Christy SanthoshSept 24 (Reuters) - Activist investor Engine Capital has urged Acadia Healthcare ACHC.O to add directors to its board and explore a potential asset sale to fund buybacks, sending the company's shares up nearly 9% in afternoon trading.Engine Capital, which owns about a 3% stake...Reuters
3 hours ago
Gold miners fall as bullion prices edge lower on stronger US dollar
** Shares of gold miners fall, tracking a dip in bullion prices GOL/** Spot gold XAU= was down 0.5% at $3,744.19/ounce, after hitting a record high of $3,790.82 on Tuesday** Gold prices dropped as the U.S. dollar firmed while investors hunkered down for economic data due later in the week for furthe...Reuters
3 hours ago
Nvidia Just Announced a Record $100 Billion Deal With OpenAI -- Here's What It Means for Investors
Key PointsOpenAI, the maker of ChatGPT, enters into a major (but non-binding) partnership with Nvidia.This deal should be a win-win for both companies.10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) is no stranger to investing in its customers. The company has put billions to work to ex...The Motley Fool
3 hours ago
US STOCKS-Wall St indexes slip after Powell flags inflated stock valuations
Indexes down: Dow 0.34%, S&P 500 0.43%, Nasdaq 0.56%Lithium Americas soars after report Trump administration mulling stakeAlibaba gains on Nvidia partnership, data center plansOracle dips after report it is looking to raise $15 bln in bond salesBy Niket Nishant and Sukriti Gupta Sept 24 (Reu...Reuters
3 hours ago
UniQure triples after brain disorder therapy slows disease progression in trial
** U.S.-listed shares of uniQure UQ1.F, QURE.O more than triple to a near five-year high of $47.37** Stock set for its best day ever, if gains hold** The Netherlands-based drugmaker says its experimental gene therapy significantly slowed progression of a brain disorder in early-to-mid stage study ...Reuters
3 hours ago
Emcor Group shares down after UK unit divestment
** Shares of US construction and engineering firm Emcor Group EME.N fall 1.54% to $634.74** Co announces sale of its UK building services unit to OCS Group UK Ltd for ~190 mln pounds ($255.36 mln) enterprise value ** The company states the deal will improve its operating margin profile** Emcor plans...Reuters
3 hours ago
REFILE-COLUMN-Fed independence spotlight shines on dollar swap lines: McGeever
By Jamie McGeever ORLANDO, Florida, Sept 24 (Reuters) - Debate around politicization of the Federal Reserve has mostly centered on its interest rate-setting independence. But another part of the central bank's toolkit, with perhaps even greater significance for global financial stability, is ...Reuters
3 hours ago
