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US STOCKS-Wall Street set to open higher after inflation data calms rate-cut jitters
Futures: Dow up 0.44%, S&P 500 up 0.3%, Nasdaq up 0.23%August PCE figures in line with expectationsIntel up after report company approaches TSMC for investments or partnershipGlobalFoundries up after report on new US chip production ruleBy Niket Nishant and Sukriti Gupta Sept 26 (Reuters) - ...
Reuters
6 minutes ago
J.P. Morgan raises Fox's PT on better performance in cable, corporate segments
** J.P. Morgan raises PT on Fox Corp FOXA.O to $61 from $57; retains "neutral" rating** Brokerage sees FOXA reporting higher profits for fiscal Q1 and fiscal 2026, citing better performance in cable and corporate segments** J.P. Morgan forecasts slightly better outlook for cable networks tha...
Reuters
16 minutes ago
INSTANT VIEW-US PCE matches expectations in August
By Chuck MikolajczakNEW YORK, Sept 26 (Reuters) - The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose 0.3% in August, versus the prior 0.2% rise in July and matched the estimate of economists polled by Reuters.In the 12 months through August, PCE ...
Reuters
24 minutes ago
Did Pfizer Just Give Investors 7 Billion Reasons to Buy Its Stock?
Key PointsPfizer is paying over $7 billion to buy clinical-stage biotech Metsera.This gives it a wedge into the hottest segment of the pharma industry.Yet, shares of the giant drugmaker remain at depressed levels.10 stocks we like better than Pfizer › In the pharmaceutical world, if you can't develo...
The Motley Fool
33 minutes ago
J.P.Morgan downgrades bitcoin miners IREN, CleanSpark, upgrades Riot
** Brokerage J.P.Morgan downgrades IREN IREN.O to "underweight" from "neutral" and CleanSpark CLSK.O to "neutral" from "overweight" ** Shares of bitcoin miner IREN down 4.6% at $44.2, while per CLSK falls 4.5% to $13.07 premarket ** Riot Platforms RIOT.O shares offer ...
Reuters
33 minutes ago
Jefferies lifts PT on Thor Industries after Q4 sales beat
** Jefferies raises PT on recreational vehicles manufacturer Thor Industries THO.N to $100 from $92; a downside of 5.5% from the stocks last close** Maintains rating at "hold"** Co on Wednesday reported Q4 net sales above Wall Street estimates** Jefferies says Thor's motorized volumes we...
Reuters
35 minutes ago
ONE Gas rises after Mizuho upgrades to 'outperform'
** Shares of ONE Gas OGS.N rise nearly 1% to about $78 in premarket trading, after Mizuho upgrades co to "outperform" from "neutral"** Mizuho raises PT to $86 from $77, a 10.9% upside on stock's last close** Says full-year benefits of HB 4384 legislation can represent ~$0.18 of i...
Reuters
35 minutes ago
Onconetix Announces Financing Through $12.9 Million Private Placement Of Series D Stock And Warrants, Settlement Of $8.8 Million Debt With Veru
Sept 26 (Reuters) - Onconetix Inc ONCO.O:ONCONETIX ANNOUNCES FINANCING THROUGH A $12.9 MILLION PRIVATE PLACEMENT OF SERIES D PREFERRED STOCK AND WARRANTS, TERMINATION OF MERGER AGREEMENT WITH OCUVEX, INC. AND SETTLEMENT OF $8.8 MILLION DEBT WITH VERU, INC.
Reuters
38 minutes ago
US stock index futures extend gains after August inflation data
Sept 26 (Reuters) - U.S. stock index futures extended gains on Friday, after an in-line inflation reading reinforced bets that the Federal Reserve may proceed with interest rate cuts this year.A Commerce Department report showed the Personal Consumption Expenditures index rose 2.7% in August on an a
Reuters
38 minutes ago
FAA to ease Boeing 737 MAX production restrictions, WSJ reports
Sept 26 (Reuters) - The U.S. Federal Aviation Administration is set to ease its restriction on Boeing's 737 MAX production, the Wall Street Journal reported on Friday.
Boeing Co
Reuters
38 minutes ago
US, European pharma stocks steady after Trump's tariff move, Asia slips
Analysts expect Asian drugmakers' focus on generics to limit impactJapan says its trade deal will keep pharma tariffs competitive with EUTariffs had already been reflected in company valuationsBy Gregor Stuart Hunter and Andrew Silver SINGAPORE/SHANGHAI, Sept 26 (Reuters) - Shares of U.S....
Reuters
39 minutes ago
Wayfair, Williams-Sonoma shares slide as Trump targets furniture imports
Sept 26 (Reuters) - Shares of U.S. furniture companies, including Williams-Sonoma WSM.N and Wayfair W.N, fell on Friday after President Donald Trump unveiled fresh import tariffs targeting kitchen cabinets, bathroom vanities and upholstered furniture.As part of his latest tariff onslaught, Trump ann...
Reuters
41 minutes ago
Why Iren Stock Surged Higher This Week
Key PointsThe need for data center capacity got even more acute this week. Several Wall Street firms chimed in and said Iren is a buy, along with boosting price targets on the stock.10 stocks we like better than Iren › Iren Limited (NASDAQ: IREN) is catching the attention of Wall Street analysts. Se...
The Motley Fool
44 minutes ago
Why Did Direct-to-Consumer Retailers Stumble?
In this podcast, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss:Why stocks of direct-to-consumer (DTC) companies have plunged.What omnichannel strategies have succeeded.The future of agentic shopping.To catch full episodes of all The Motley Fool's free podcasts, check...
The Motley Fool
47 minutes ago
MIDEAST STOCKS-UAE bourses rebound as energy and financial shares climb
By Mohd Edrees Sept 26 (Reuters) - Stock markets in the United Arab Emirates rebounded on Friday, with Dubai leading the recovery, driven by an increase in consumer staple and financial sector stocks.Dubai's main index .DFMGI closed 0.7%, reversing three consecutive days of declines, lifted ...
Reuters
47 minutes ago
Should You Buy Chainlink While It's Under $53?
Key PointsChainlink's oracle network pulls real-time external data to smart contracts.Those contracts are used to support decentralized applications.Link's price could stabilize and rise as that decentralized market expands.10 stocks we like better than Chainlink › Chainlink (CRYPTO: LINK), a blockc...
The Motley Fool
48 minutes ago
Is Micron Stock the Best Buy Now?
Key PointsMicron is benefiting from AI-powered demand for high-bandwidth memory and advanced DRAM.The company's aggressive investment in new fabs and DRAM equipment positions it for long-term growth.Micron is also trading at a reasonable valuation.10 stocks we like better than Micron Technology › Mi...
The Motley Fool
51 minutes ago
Rule Breaker Investing Mailbag: The House That Netflix Built
In this podcast, Motley Fool co-founder David Gardner talks about a listener who says he invests $100 for each of his daughters' birthdays, positioning them for success in their financial futures, and another listener who follows David's advice to add up; don't double down. David also shares some me...
The Motley Fool
53 minutes ago
Why Strategy Stock Was Sinking This Week
Key PointsAs Bitcoin went, so went the price of one of its top corporate collectors.A rally in the days prior to last week's Fed rate cut is quickly becoming a memory.10 stocks we like better than Strategy › Across the past several trading sessions, a wise investment strategy would have been to avoi...
The Motley Fool
56 minutes ago
LIVE MARKETS-Rally in banking stocks still has legs
STOXX 600 up 0.6%Insurers leadTrump introduces more tariffsWall St futures steadyWelcome 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. RALLY IN BANKING STOCKS STILL HAS LEGSThe bankin...
Reuters
57 minutes ago
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