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LIVE MARKETS-Thursday data downpour: GDP, jobless claims, durable goods, et al
U.S. equity indexes drop: Nasdaq leads declinesHealthcare down most among S&P sectors; energy lone gainerEuro STOXX 600 index fall ~0.6%Dollar up; gold flat; crude slips, bitcoin down ~2%U.S. 10-Year Treasury yield at 3-week high at ~4.19%Welcome to the home for real-time coverage of markets bro...
Reuters
6 minutes ago
US medtech stocks fall as Trump administration opens import probe
Sept 25 (Reuters) - U.S. medtech stocks fell on Thursday after the U.S. Commerce Department opened a probe into imports of medical devices, a move that could ultimately lead to tariffs.Companies like GE HealthCare GEHC.O, Becton Dickinson BDX.N, Stryker SYK.N, Insulet PODD.O, Intuitive Surgical ISRG...
Reuters
17 minutes ago
First Savings Financial jumps on $241 million buyout deal with First Merchants
** Community lender First Savings Financial Group's FSFG.O shares jump 17.9% to $32.63** Regional lender First Merchants FRME.O will buy FSFG in a $241.3 million all-stock deal, the banks say** Deal will create a combined bank with over $20 billion in assets and bolster FRME's Indiana deposi...
Reuters
21 minutes ago
Jabil shares fall on warnings of slow EV demand in US and Europe
** Shares of electronic components maker Jabil JBL.N fall 6.2 % to $210.98** Co flags slow demand for EV adoption in the U.S. and Europe as short-term headwinds, while automotive and renewable segments face pressure in regulated industries, in a call with analysts ** However, co expects FY adj...
Reuters
28 minutes ago
Why Oracle Stock Dropped Today
Key PointsRothschild & Redburn analyst Alex Haissl initiated Oracle stock with a sell rating this morning.Haissl's $175 price target implies Oracle stock will fall 40% over the next 12 months. 10 stocks we like better than Oracle › I hate to say I told you so, but in a column Tuesday, I warned "Orac...
The Motley Fool
31 minutes ago
Nvidia and Intel Make a $5 Billion Bargain
In this podcast, Motley Fool contributors Tyler Crowe, Matt Frankel, and Jon Quast discuss topics including:Nvidia taking a $5 billion stake in Intel as the pair begins co-developing products.Would it be a good thing if companies were no longer required to report quarterly financial results?Stocks t...
The Motley Fool
34 minutes ago
Mirion Technologies slides on planned $600 mln raise for acquisition
** Shares of radiation detection systems maker Mirion Technologies MIR.N down 6.4% at $20.57 on Thurs as it seeks capital to finance an acquisition** Atlanta, Georgia-based Mirion late Weds announced $350 mln public stock offering and $250 mln private offering of convertible bonds due 2031** It plan...
Reuters
36 minutes ago
Tiptree jumps on report Fortegra agrees to $1.65 billion buyout deal
** Investment manager Tiptree's TIPT.O shares jump as much as 15.2%; last up 8.4% at $25.81** South Korea's DB Insurance 005830.KS has agreed to acquire U.S. specialty carrier Fortegra in a $1.65 billion deal, the Insurer reports, citing people familiar with the matter** Announcement could c...
Reuters
39 minutes ago
Medical device makers fall after US government probes of medical device imports
** Shares of medical device makers fall after U.S. government announces probes into medical technology imports ** Shares of GE Healthcare GEHC.O down 4.3%, Illumina ILMN.O slides 1.9%, Baxter BAX.N falls 3.2%, Intuitive Surgical ISRG.O slips 1%, Medtronic MDT.N declines 1.6%, Stryker SYK.N retr...
Reuters
48 minutes ago
US STOCKS-Wall Street indexes hit one-week low as investors reassess rate-cut expectations
Indexes down: Dow 0.42%, S&P 500 0.86%, Nasdaq 1.19%Initial claims for state unemployment benefits dropIntel rises on report chipmaker seeking investment from AppleOracle looks to raise $18 billion in debt; shares downBy Niket Nishant and Sukriti Gupta Sept 25 (Reuters) - Wall Street's m...
Reuters
50 minutes ago
Micron Just Delivered a Huge Fourth Quarter. 3 Reasons the AI Stock Can Move Higher.
Key PointsMicron breezed past fourth-quarter estimates.The tailwinds in memory chips remain strong.Micron also trades at a substantial discount to its chip stock peers. 10 stocks we like better than Micron Technology › Memory-chip maker Micron (NASDAQ: MU) has historically been one of the most cycli...
The Motley Fool
52 minutes ago
Top Calls on Wall Street: Nvidia, Apple, Tesla, Alphabet, Intel, Oracle and More
Here are the biggest calls on Wall Street on Thursday:Barclays reiterates Nvidia as overweightBarclays raises its price target to $240 per share from $200.“When tracking AI capacity additions over the [last twelve months], AI [total addressable markets] don’t seem so outlandish anymore and NVDA look...
Tiger News
54 minutes ago
Silver miners rise as investors await key US inflation data
** Shares of silver miners gain, tracking the metal's rising prices GOL/** Spot silver XAG= up 1.3% at $44.45/ounce, as investors await key inflation data that could shape U.S. Federal Reserve's next interest-rate moves** Hecla Mining HL.N rises 4.3% and Coeur Mining CDE.N up 3%** Canadian m...
Reuters
57 minutes ago
Rare Earth Stocks Jump. NB Up 11%; MP Up 7%; USAR Up 3%; IE Up 1%
Rare Earth Stocks Jump. NB up 11%; MP up 7%; USAR up 3%; IE up 1%.
Tiger News
57 minutes ago
Intel shares hit highest since July 2024 on report co seeking investment from Apple
** Shares of Intel INTC.O rise ~6% to $33.1, hitting their highest price since July 2024** Struggling chipmaker is seeking investment from Apple AAPL.O, Bloomberg News reports** Companies have also discussed how to work more closely together - report ** Last week, Nvidia NVDA.O announced it w...
Reuters
an hour ago
Chinese ADRs Shine. XPeng Up 9%; NIO Up 7%; Kingsoft Cloud Up 5%; Xiaomi Up 4%; Li Auto And Bilibili Up Over 3%
Chinese ADRs Shine. XPeng up 9%; NIO up 7%; Kingsoft Cloud up 5%; Xiaomi up 4%; Li Auto and Bilibili up over 3%.
Tiger News
an hour ago
My 2 Favorite Stocks to Buy Right Now
Key PointsAlphabet has a lot of growth opportunities still ahead in multiple areas.Meanwhile, the stock is still attractively priced.The recent sell-off in Toast stock looks like a major overreaction. 10 stocks we like better than Alphabet › Even with the market near all-time highs, there are still...
The Motley Fool
an hour ago
LIVE MARKETS-Wall Street slides for third day as rate cut bets ease
U.S. equity indexes drop: Nasdaq leads declinesComm svcs falls steepest, real estate and energy top gainsEuro STOXX 600 index fall ~0.5%Dollar up, gold dips; crude slips >1%, bitcoin down ~2%U.S. 10-Year Treasury yield at 3-week high at ~4.19%Welcome to the home for real-time coverage of markets ...
Reuters
an hour ago
Jefferies expects GE Vernova third-quarter to be subdued, cuts PT
** Jefferies lowers price target on power equipment maker GE Vernova GEV.N to $658 from $668, maintains "hold" rating** GEV shares down nearly 4% at $600.47 in morning trading** The new price target still represents a 4.6% upside to the stock's last close** Brokerage expects a subdued th...
Reuters
an hour ago
MoffetNathanson lifts Alphabet's PT on GenAI opportunities
** MoffetNathanson raises Alphabet GOOGL.O PT to $295 from $230, representing a 19.4% upside on stock's last close** Says that with regulatory uncertainty behind it, investor focus has shifted back to Alphabet’s products** "Alphabet emerges as one of the net winners in the AI race and remain...
Reuters
an hour ago
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