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24H | XPeng Jumps 5%; Rare Earth Stocks Rise With The Metals up 4%, NioCorp and MP Materials up 2% Each
XPeng ADRs jumped another 5% in overnight trading after a 4.6% in prior trading session. He Xiaopeng, Chairman and CEO of XPeng mentioned during a speech at a forum that the group has been developing flying cars for 12 years, and it will truly mass produce and begin delivering the world's first "car...Tiger News
17 minutes ago
HK Movers | EV Stocks Gain; XPeng up 6%; Leapmotor up 4%; Chery Auto, Nio up 3%
EV stocks rose in Hong Kong. XPeng rose 6%; Leapmotor rose 4%; Chery Auto, Nio rose 3%; BYD rose 2%; Li Auto rose 1%.XPeng and Alibaba Strengthen Partnership to Include Security AlgorithmsChinese tech giant Alibaba Group has announced on Thursday that it is further expanding its cooperation agreemen...Tiger News
18 minutes ago
South Korean shares set to snap 4-week rally on US tariff woes
KOSPI falls, foreigners net sellersKorean won weakens against dollarSouth Korea benchmark bond yield rises SEOUL, Sept 26 (Reuters) - Round-up of South Korean financial markets:** South Korean shares slumped on Friday, and were on track to post their first weekly loss in five, as traders assessed...Reuters
32 minutes ago
Aussie healthcare stocks drop after Trump's latest tariff plan on pharmaceuticals
** Australian healthcare stocks .AXHJ fall as much as 2.5%, their lowest level since November 6, 2023** The biotech giant CSL CSL.AX falls as much as 4.1% to A$189.80, its lowest level since April 23, 2019** Telix Pharmaceuticals TLX.AX down as much as 3.9%, among the biggest drags in the S&P/AS...Reuters
51 minutes ago
GLOBAL MARKETS-Stocks struggle as Trump slaps new tariffs, Fed cut bets unwind
Trump announces new tariffs beginning October 1Pharmaceutical stocks fall, most indexes downFed easing expectations recede on U.S. economic resilienceDollar steady, yen weakBy Rae Wee SINGAPORE, Sept 26 (Reuters) - Asia shares got off to a shaky start on Friday after U.S. President Donald Trump u...Reuters
52 minutes ago
PRECIOUS-Gold eases as dollar firms; US inflation data awaited
Sept 26 (Reuters) - Gold edged lower on Friday after stronger-than-expected U.S. economic data cast doubt on the Federal Reserve's rate cut outlook and lifted the dollar, while investors awaited U.S. inflation data due later in the day for further direction.FUNDAMENTALS* Spot gold XAU= declined ...Reuters
an hour ago
24H｜Lithium Americas Surges 7%; Paccar Jumps 6%; Intel Gains 2%; Alphabet Rises 0.8%; Opendoor Drops 3%
Lithium Americas shares gained another 6.9% in overnight trading after soaring 140% in two days. The shares jumped 22.6% on Thursday and soared 95.8% on Wednesday. Reuters reported that the Trump administration is seeking up to a 10% stake in the miner.US President Donald Trump on Thursday announced...Tiger News
an hour ago
RPT-COLUMN-Fed could abandon 'illusion of precision' with inflation range: McGeever
By Jamie McGeeverORLANDO, Florida, Sept 25 (Reuters) - There's little prospect of the Federal Reserve changing its 2% inflation target right now. But the composition of the Fed's board is changing and Jerome Powell's term as Fed Chair expires in May, so could discussions about an alterna...Reuters
2 hours ago
Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook
NEW YORK Sept 25 (Reuters) - U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.Reuters
2 hours ago
Costco tops quarterly estimates as Americans seek bargains amid inflation
Sept 25 - Costco Wholesale COST.O beat fourth-quarter revenue and profit estimates on Thursday, as Americans hunting for bargains flocked to the membership-only retail chain to snap up lower-priced essentials.Reuters
2 hours ago
Concentrix plummets after quarterly profit estimate miss
** Shares of customer experience firm Concentrix CNXC.O plummet 22.6% to $42.55 after the bell** CNXC posts Q3 adj. EPS of $2.78, below estimates of $2.87, according to data compiled by LSEG** Sees Q4 adj. EPS between $2.85 and $2.96, also below consensus estimate of $3.32** CNXC reports Q3 revenue ...Reuters
2 hours ago
Rothschild Redburn Initiates Oracle Stock with Sell Rating, Citing Overvalued Cloud Revenue
Rothschild Redburn initiated coverage on Oracle with a Sell rating and a price target of $175.00 on Thursday.The research firm stated that the market "materially overestimates the value of Oracle’s contracted cloud revenues," suggesting investors are pricing in optimistic scenarios that may not mate...Tiger News
2 hours ago
Post-Bell | U.S. Stocks Close Lower; Opendoor Surges 11%; Intel Jumps 9%; Tesla Drops 4%; Oracle Sinks 6%
U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.Market SnapshotThe Dow Jones Industrial Average fell 173.96 points, or 0.38%, to 45,947.32, the S&P 500 lost 33.25 po...Tiger News
2 hours ago
Organogenesis falls after joint disease therapy fails to meet late-stage study goal
** Shares of Organogenesis ORGO.O fall 11.1% to $4.16 in extended trade** Company says its experimental therapy, ReNu, did not meet the main goal in its second late-stage trial for knee osteoarthritis, despite showing numerical improvement in pain reduction** Knee osteoarthritis is a degenerative jo...Reuters
4 hours ago
Seahawk Recycling Files For U.S. IPO Of Class A Ordinary Shares - SEC Filing
Sept 25 (Reuters) - SEAHAWK RECYCLING HOLDINGS: FILES FOR U.S. IPO OF CLASS A ORDINARY SHARES - SEC FILINGSEAHAWK RECYCLING HOLDINGS INC SAYS EXPECTED U.S. IPO PRICE RANGE $4.00 TO $6.00 PER SHARE - SEC FILINGSEAHAWK RECYCLING HOLDINGS INC - OFFERING 2 MILLION CLASS A ORDINARY SHARES IN US IPO- SEC ...Reuters
5 hours ago
GLOBAL MARKETS-Stocks fall, dollar rises as data dampens policy easing hopes
Dollar gains with 10-year Treasury yields Stronger than expected US data eats into rate cut hopes Switzerland keeps interest rates at zeroBrent futures settle slightly higher, WTI ends close to flatBy Sinéad Carew and Marc Jones NEW YORK/ LONDON, Sept 25 (Reuters) - MSCI's global equities gau...Reuters
5 hours ago
CANADA STOCKS-TSX ends lower for third day as technology shares slide
TSX ends down 0.1% at 29,731.98Tech sector falls 2.5%Constellation Software loses 6% as president resignsMaterials group adds 1.1%By Fergal Smith TORONTO, Sept 25 (Reuters) - Canada's main stock index ended lower on Thursday for a third straight day as technology shares lost ground, but the c...Reuters
5 hours ago
TRADING DAY-Whisper it ... but is this the top?
By Jamie McGeever ORLANDO, Florida, Sept 25 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist World stocks posted their biggest fall in more than three weeks and the dollar rose on Thursday, as surprisingly strong U.S. growth figures ...Reuters
5 hours ago
