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ETF Daily | SNXX Surges 21%; MULL Jumps 20%; AGQ Gains 9%; SOXL Rises 7%; Risk-On Into Semis and Metals
Market OverviewU.S. equities were largely steady, with the S&P 500 essentially unchanged and the Dow and Nasdaq marginally softer into the close. Across ETFs, the tape signaled a risk-on tilt led by semiconductors, precious metals and energy, while financials trailed; leveraged growth vehicles featu...Tiger News
9 minutes ago
Japan's Nikkei surges past 58,000 for first time as Takaichi trade rally continues
By Rocky SwiftTOKYO, Feb 12 (Reuters) - Japan's Nikkei share average surged past the 58,000 mark for the first time, continuing a scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus.The benchmark Nikkei 225 Index .N2...Reuters
24 minutes ago
RPT-ROI-Can productivity boom lift US workers' record low share of GDP? Unlikely: McGeever
By Jamie McGeeverORLANDO, Florida, Feb 11 (Reuters) - U.S. labor's share of national income has fallen to 53.8%, the lowest since records began. Those hoping that strong, accelerating productivity growth might improve workers' lot are likely to be disappointed.The benefits of cost savings an...Reuters
29 minutes ago
HubSpot Posts Earnings Beat and Strong Guidance
HubSpot reported fourth-quarter earnings that exceeded analyst expectations. The shares gained 1.8% in after-hours trading on Wednesday, erasing earlier losses amid broader rotation out of software stocks due to AI-related concerns.The customer platform provider posted adjusted earnings per share of...Tiger News
31 minutes ago
QuantumScape's Loss Narrows, Sets Higher Capex Target for FY26
Shares of QuantumScape were pinned down in Wednesday’s late trading, pressured by the company’s most recent quarterly results, which showed a modest beat on profit expectations but again showed no revenue generated from its core business.Moreover, the company expects to increase investment in scalin...Tiger News
40 minutes ago
Payroll software maker Paycom forecasts weak 2026 revenue, shares fall
Feb 11 (Reuters) - Paycom Software PAYC.N forecast annual revenue below Wall Street expectations on Wednesday, as businesses delay or reduce HR and payroll software purchases amid tighter budgets, sending its shares down over 7% in extended trading.Macroeconomic challenges could constrain Paycom'...Reuters
an hour ago
McDonald's beats quarterly global sales estimates as value bets pay off
Q4 global same-store sales rise 5.7%, beating 3.7% estimateRevenue jumps 10% to $7.01 billionMcDonald's value promotions attract budget-conscious US dinersBy Savyata Mishra and Waylon Cunningham Feb 11 (Reuters) - McDonald's topped Wall Street estimates for fourth-quarter global comparab...Reuters
2 hours ago
Ameren beats quarterly profit estimates on higher electricity rates
Feb 11 (Reuters) - Utility company Ameren Corp AEE.N narrowly beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by higher electricity rates and stronger retail sales in its Missouri unit.Utilities aim to shift higher grid-modernization costs to customers by lifting power rate...Reuters
2 hours ago
Cisco posts quarterly gross margin below estimates, shares fall
By Juby BabuFeb 11 (Reuters) - Cisco Systems posted quarterly adjusted gross margin below market estimates on Wednesday, as the networking equipment provider grapples with the fallout of a global memory price increase, sending its shares down 7% in extended trading. The rapid build-out of artificial...Reuters
2 hours ago
Fastly Shares Soar After Crushing Q4 Earnings Estimates, Upbeat Guidance
Fastly, a leading global edge cloud platform, reported fourth-quarter earnings that significantly exceeded analyst expectations, sending shares surging 32% as the company delivered record revenue and raised its outlook for the coming year.The edge computing specialist reported adjusted earnings of $...Tiger News
2 hours ago
Viking Therapeutics plans to advance oral obesity drug to late-stage testing
By Sneha S K Feb 11 (Reuters) - Viking Therapeutics VKTX.O said on Wednesday it plans to test its experimental oral obesity drug in a late-stage study later this year.Shares of the company rose nearly 8.9% to $31.10 in after-market trading. The company plans to advance a tablet form of its exper...Reuters
2 hours ago
GLOBAL MARKETS-Yields rise, US stocks end down slightly as job growth jumps in January
US stocks end slightly lowerSTOXX, MSCI world indexes hit record highsUS job growth surges in JanuaryFed's interest rate pause bolstered by jobs dataBy Caroline Valetkevitch NEW YORK, Feb 11 (Reuters) - U.S. stocks finished slightly lower while Treasury yields rose on Wednesday after data sho...Reuters
2 hours ago
Cisco Gives Tepid Margin Forecast, Marring Upbeat Outlook
Cisco gave a weaker-than-expected forecast for profitability in the current quarter, spurring concerns that mounting memory-chip prices are taking a toll on the company.Adjusted gross margin, which measures the percentage of sales left over after deducting production costs, will be 65.5% to 66.5% in...Tiger News
2 hours ago
AST SpaceMobile descends on announcing $1 bln convertible, direct stock deals
AST SpaceMobile ASTS.O shares down 10.3% in extended trading to $87 as it seeks capital raiseMidland, Texas-based firm announces private offering of $1 bln convertible bonds (CBs) due Apr 15, 2036It intends to use net offering proceeds for general purposes, including accelerating deployment of contr...Reuters
3 hours ago
Viking Therapeutics rises on plans to test oral obesity drug in late-stage studies
Shares of obesity drug developer Viking Therapeutics VKTX.O rise 9.4% to $31.24 after hours VKTX says it plans to advance its experimental oral obesity drug VK2735 into late-stage trials in Q3 of this year "The company believes the availability of both an oral and an injectable formulation is an...Reuters
3 hours ago
FDA defends its decision to refuse review of Moderna's flu vaccine
FDA rejects Moderna's flu vaccine application over trial design issuesModerna shares drop as much as 12%Moderna CEO criticizes FDA's decision, cites prior agreementFDA suggests resubmission for younger age group considerationBy Mariam Sunny and Michael Erman Feb 11 (Reuters) - A U.S. Food...Reuters
3 hours ago
Top 10 US Stock Gainers (2.11)
MNTN(MNTN) rose 37.15%, with a trading turnover 102.7 Million USD, and a year-to-date fell 6.6%. Teradata(TDC) rose 29.59%, with a trading turnover 429.7 Million USD, and a year-to-date rose 24.4%. Diodes(DIOD) rose 26.42%, with a trading turnover 146.6 Million USD, and a year-to-date rose 58.1%.Longport
3 hours ago
Top 10 US Stock Losers (2.11)
Upstream Bio(UPB) fell 47.18%, with a trading turnover 140.1 Million USD, and a year-to-date fell 45.9%. Unity Software(U) fell 26.32%, with a trading turnover 2.2 Billion USD, and a year-to-date fell 51.5%. Mattel(MAT) fell 24.98%, with a trading turnover 629.5 Million USD, and a year-to-date fell 20.4%.Longport
3 hours ago
Top 5 CDRs Gainers/Losers (>100M) (2.11)
ACM Research(ACMR) rose 12.33%, with a trading turnover 187.1 Million USD, and a year-to-date rose 79.2%. Vnet(VNET) rose 12.18%, with a trading turnover 165.1 Million USD, and a year-to-date rose 60%. Hesai(HSAI) fell 5.9%, with a trading turnover 82.1 Million USD, and a year-to-date rose 16%. HUYA(HUYA) fell 5.53%, with a trading turnover 10.1 Million USD, and a year-to-date rose 60.1%.Longport
3 hours ago
Top 5 US Stock Gainers/Losers (>100B) (2.11)
Micron Tech(MU) rose 9.94%, with a trading turnover 19.2 Billion USD, and a year-to-date rose 43.8%. AstraZeneca(AZN) rose 5.87%, with a trading turnover 700.8 Million USD, and a year-to-date rose 122.7%. Shopify (SHOP) fell 6.7%, with a trading turnover 6.2 Billion USD, and a year-to-date fell 26.3%. IBM(IBM) fell 6.5%, with a trading turnover 2.1 Billion USD, and a year-to-date fell 7.4%.Longport
3 hours ago
