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HK Movers | Drugmaker GenFleet Therapeutics Surges 114% in Hong Kong Debut
Drugmaker GenFleet Therapeutics Surges 114% in Hong Kong DebutGenFleet Therapeutics focuses on developing novel treatment options in the fields of oncology, covering different lines of treatments of multiple solid tumors, as well as autoimmune and inflammatory diseases.The firm said it had establish...Tiger News
13 minutes ago
Australia's Pro Medicus rises to 1-month high as Citi upgrades PT, rating
** Shares of Pro Medicus PME.AX rise as much as 7.6% to A$321.57, their highest level since August 18** Stock among the top gainers in the S&P/ASX 200 index .AXJO, which is up 0.5%; healthcare stocks .AXHJ climb 2%** Citi upgrades stock rating to "buy" from "sell", and PT to A$35...Reuters
27 minutes ago
Why Did Intel Stock Skyrocket 27% This Week?
Key PointsNvidia is investing $5 billion in Intel in a “multigeneration” partnership.The pact could aid Intel’s turnaround, but the scope for Intel’s foundry remains uncertain as Nvidia said that TSMC will stay its primary fabricator.10 stocks we like better than Intel › Shares of Intel (NASDAQ: INT...The Motley Fool
33 minutes ago
Australian technology stocks track Wall Street gains to hit record peak
** Australian technology stocks .AXIJ rise as much as 2.7% to touch a lifetime high, set to close the week 2.4% higher, if gains hold ** The sub-index logs its largest intraday pct gain since August 29** Tech-heavy Nasdaq Composite .IXIC posted a record-high close overnight after Intel INTC.O soared...Reuters
48 minutes ago
Wall Street indexes notch record-high closes as Intel soars on Nvidia stake
S&P up 0.48%, Nasdaq up 0.94%, Dow up 0.27%Intel jumps as Nvidia takes $5 bln stake in coSmall-cap Russell 2000 index risesBy Abigail Summerville and Sukriti Gupta Sept 18 (Reuters) - Wall Street's main indexes posted record-high closes on Thursday, a day after the U.S. Federal Reserv...
Reuters
an hour ago
Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports
Sept 18 (Reuters) - Nvidia NVDA.O has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company's technology, CNBC reported on Thursday.The AI chip giant is paying in cash and stock, CNBC said, citing tw...Reuters
an hour ago
Japan's Nikkei extends record run ahead of BOJ decision
TOKYO, Sept 19 (Reuters) - Japan's Nikkei share average continued its winning ways on Friday, rising to a record before an expected hold on policy from the Bank of Japan.The gains in Japan followed another record day on Wall Street after a rate cut by the Federal Reserve, which forecast more eas...Reuters
an hour ago
Why Is Wolfspeed Stock Jumping This Week?
Key PointsLast week, news that a bankruptcy court had approved Wolfspeed's reorganization plan sent shares flying. Momentum continued until its high on Tuesday morning. Performance has been mixed since. The plan will see Wolfspeed shed $4.6 billion in burdensome debt.10 stocks we like better than Wo...The Motley Fool
an hour ago
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
Vision Fund shifts focus to support AI ambitions of founder Masayoshi SonSon's strategy returns to high-risk, high-reward investmentsSoftBank's AI bets include $9.7 billion in OpenAIBy Krystal Hu Sept 18 (Reuters) - SoftBank Group 9984.T will lay off nearly 20% of its Vision Fund team glo...Reuters
an hour ago
Post-Bell | Wall Street Indexes Notch Record-High Closes as Intel Soars 23% on Nvidia Stake; Bullish Rises 21%; CrowdStrike Climbs 13%; Novo Nordisk up 6%; Tesla down 2%
Wall Street's main indexes posted record-high closes on Thursday, a day after the U.S. Federal Reserve delivered a quarter-point interest rate cut, while chipmaker Intel rose after Nvidia decided to build a stake in the company.Market SnapshotThe Dow Jones Industrial Average rose 124.10 points, or 0...Tiger News
an hour ago
Nvidia, Intel Will Rely on TSMC to Fabricate "Revolutionary" Chips for Data Center, PCs
NVIDIA CEO Jensen Huang stated that Taiwan Semiconductor Manufacturing will provide manufacturing services for the "revolutionary" chips they are collaborating to produce with Intel."Nvidia and Intel are both successful customers of TSMC," Huang said during a press conference on Thursday afternoon...Tiger News
2 hours ago
Why Lam Research Stock Easily Topped the Market on Thursday
Key PointsA monster deal in the microprocessor world had a positive effect on many companies in, or associated with, the sector.Lam Research is a prime candidate, since it sells chip manufacturing equipment.10 stocks we like better than Lam Research › Thanks to an earth-shaking event in the chip ind...The Motley Fool
2 hours ago
FedEx results top targets on cost-cutting, shares jump 5.5% after the bell
FedEx international export volume fell due to US tariffs on ChinaDomestic delivery volume grew, helping to offset tariff impactEnd of de minimis exemption for China, Hong Kong reduced quarterly revenue by $150 millionFedEx says trade policies are a $1 billion 'headwind' this yearBy Abhinav P...Reuters
2 hours ago
Unity Software: A Turnaround Story Worth Watching
Explore the exciting world of Unity Software (NYSE: U) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Aug. 20, 2025. The ...The Motley Fool
3 hours ago
Why Replimune Stock Plummeted by Almost 40% Today
Key PointsA crucial meeting with a regulator didn't seem to go well.It was about a leading pipeline drug being developed by the company.10 stocks we like better than Replimune Group › On Thursday, Replimune (NASDAQ: REPL) had a crucial meeting with federal regulators regarding one of its leading dru...The Motley Fool
3 hours ago
Rithm Capital Corp. Prices 7.6 Million Shares Of 8.75% Series E Preferred Stock at Liquidation Preference $25 Per Share
Sept 18 (Reuters) - Rithm Capital Corp RITM.N:RITHM CAPITAL CORP. ANNOUNCES PRICING OF PUBLIC OFFERING OF PREFERRED STOCKRITHM CAPITAL CORP - PRICES 7.6 MILLION SHARES OF 8.75% SERIES E PREFERRED STOCKRITHM CAPITAL CORP - LIQUIDATION PREFERENCE $25 PER SHARE, GROSS PROCEEDS $190 MILLIONReuters
3 hours ago
Lennar falls after quarterly profit decline
Sept 18 (Reuters) - ** Shares of homebuilder Lennar LEN.N fall about 3% to $128.5 after the bell** LEN reports a 46% year-on-year decline in Q3 profit as inflationary pressures continue to weaken demand for homes** Reports Q3 earnings of $2.29 per share, compared with $4.26 per share a year earlier ...Reuters
3 hours ago
GLOBAL MARKETS-Bull run in stocks continues; US dollar rises after US jobless claims data
Wall Street stocks reach record highPound dips after BoE leaves rates unchangedUS Treasury 10-year yields riseEuropean shares gainCrude oil prices settle lower, gold retreatsBy Chibuike Oguh NEW YORK, Sept 18 (Reuters) - World equity markets reached a new peak on Thursday, powered by a continuing...Reuters
3 hours ago
Stock Market Today: NVIDIA Rises After Announcing Strategic Intel Collaboration
NVIDIA Corp (NASDAQ: NVDA) closed at $176.24, up 3.49%. Trading volume reached 191.06 million shares, slightly above its three-month average of 174.199 million.Markets broadly moved higher. The S&P 500 (SNPINDEX: ^GSPC) rose 0.48%, while the Nasdaq Composite(NASDAQINDEX: ^IXIC) gained 0.94%, buoyed ...The Motley Fool
3 hours ago
