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China Probes Kuaishou Subsidiary Over E-Commerce Law Violation
China Launches Investigation Into Chengdu Kuaigou Technology for Violations of the E-Commerce Law. Chengdu Kuaigou Technology, a subsidiary of Kuaishou Technology, was established in China on October 31, 2019, and primarily engages in e-commerce business.Tiger News
6 minutes ago
JPMorgan Raises Apple Stock Price Target to $280 on iPhone 17 Demand
JPMorgan has raised its price target on Apple to $280.00 from $255.00 while maintaining an Overweight rating, citing favorable early demand for the iPhone 17 series. The new target sits well within the current analyst range of $175-$300, with Apple trading at $237.88.The investment bank now forecast...Tiger News
13 minutes ago
US STOCKS-Wall St set for muted open but indexes on track for weekly gains; FedEx jumps
Futures up: Dow 0.03%, S&P 500 0.07%, Nasdaq 0.09% FedEx results top targets on cost-cutting, shares jumpLennar falls after quarterly profit declinesTrump-Xi scheduled call on radar By Purvi Agarwal and Sukriti Gupta Sept 19 (Reuters) - Wall Street's main indexes looked set for a subd...Reuters
14 minutes ago
BMO cuts UPS to 'market perform', trims PT on weak B2B demand recovery
** BMO lowers United Parcel Service's UPS.N rating to "market perform" from "outperform", slashes PT to $96 from $125** The new PT still represents a premium of 12.9% from the stocks last close** Brokerage says UPS's B2B demand recovery remains weak, with macroeconomic pressu...Reuters
19 minutes ago
RPT-BREAKINGVIEWS-Gold miner requires lasting Midas touch
By Ka Sing ChanHONG KONG, Sept 19 (Reuters Breakingviews) - Zijin Mining 601899.SS is asking investors to dig deep. The $93 billion extractor of copper, zinc and lithium from the earth is spinning off its overseas gold mines into a separate listing in Hong Kong. Yet the unit's target market capi...Reuters
23 minutes ago
Adani Group stocks rise as SEBI's dismissal signals end to Hindenburg overhang
Adani stocks climb 0.3-12.4%Adani Power leads gains among group stocks Morgan Stanley starts coverage on Adani Power with "overweight"By Kashish Tandon Sept 19 (Reuters) - Adani Group stocks closed higher on Friday, a day after India's markets regulator dismissed parts of short-seller...Reuters
29 minutes ago
GLOBAL MARKETS-Wall Street futures steady as markets digest central bank moves
European stocks set to end week little changedTraders wait for news of Trump-Xi callFed rate cut keeps investors upbeatBy Elizabeth Howcroft PARIS, Sept 19 (Reuters) - European stock markets struggled to make gains on Friday and were set to end the week flat, and Wall Street futures were little c...Reuters
30 minutes ago
Street View: Nvidia's $5 billion bet on Intel lopsided in its own favour
** Nvidia NVDA.O said on Thursday it would invest $5 billion in Intel INTC.O, throwing its heft behind the struggling U.S. chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a massive stake in the company.INTEL MAY BUILD IT, BUT NVIDIA STAN...Reuters
32 minutes ago
Pre-Bell｜U.S. Futures Edge Higher; FedEx Rallies 3%; NIO Gains 2%; Apple Rises 1%; Micron Falls 2%; Bullish Drops 3%
U.S. stock index futures edged higher on Friday, pausing after the main indexes rallied to record highs in the previous session, while parcel delivery firm FedEx rose after a quarterly results beat.Market SnapshotAt 7:50 a.m. ET, Dow E-minis rose 6 points, or 0.01%, S&P 500 E-minis rose 4.75 points,...Tiger News
33 minutes ago
CATL’s 75% Surge Hints at a Broader Revaluation - Triple Re-rating from AI, Batteries, and Globalization
TradingKey - Shares of CATL (Contemporary Amperex Technology Co. Limited), the world’s leading battery manufacturer, have surged 75% from April lows, yet analysts still view it as the “cheapest battery stock globally”, suggesting that its share price has not yet caught up with its earnings powerTradingKey
36 minutes ago
Should You Buy Meta Platforms Stock Before Oct. 29?
Key PointsMeta Platforms is on pace to deliver close to $200 billion in revenue this year.It's leveraging its enormously profitable social network to fund gigantic AI investments.Many more projects will be coming down the pipeline to help bolster revenue growth.10 stocks we like better than Meta Pla...The Motley Fool
38 minutes ago
Jasper Therapeutics falls after $30 mln stock-and-warrants deal
** Jasper Therapeutics' JSPR.O shares down 7.3% premarket to $2.40 after follow-on priced** Redwood City, California-based JSPR early Fri announced ~12.3 mln shares, including 675,000 pre-funded warrants, for $30 mln gross proceeds** The offering shares and pre-funded warrants accompanied by war...Reuters
39 minutes ago
U.S. STOCKS ON THE MOVE-Gold miners, Perpetua Resources, KalVista Pharmaceuticals
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall 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 Nvidi...Reuters
47 minutes ago
3 Tech Stocks With More Potential Than Any Cryptocurrency
Key PointsAI chip leader Nvidia is benefiting from tremendous tailwinds.All three of Sea Limited's businesses are driving rapid growth for the company and its stock. Emerging social media stock Reddit has reported eye-popping revenue growth. 10 stocks we like better than Nvidia › At first glance, th...The Motley Fool
53 minutes ago
3 Incredible Growth Stocks to Buy Now
Key PointsCombined revenue growth averaging 20% across these three companies dwarfs the S&P 500's single-digit expansion.Amazon's India unit slashed losses 89%, while Roblox hit 380 million monthly users, and Shopify powers 25% revenue growth.From AI-powered seller tools to user-generated gaming wor...The Motley Fool
53 minutes ago
Kohls climbs after Citigroup raises PT
** Shares of U.S. department store chain Kohl's KSS.N up 2.3% at $17.7 premarket** Citigroup raises PT to $19 from $16 citing resilient traffic at its online and offline stores** According to Similarweb data, web traffic grew 9.4% in third quarter to date vs. a 7.8% fall in second quarter** One ...Reuters
54 minutes ago
London stocks set for weekly decline as investors weigh central bank moves
FTSE 100 flat, FTSE 250 down 0.6% Most major brokerages see no more BoE cuts this yearClose Brothers delays results, shares dropSpire Healthcare jump, company mulls sale Sept 19 (Reuters) - London stocks were set to end an eventful week marginally lower on Friday as investors assessed central...Reuters
55 minutes ago
KalVista Pharmaceuticals up after EU, Swiss approval for swelling disorder drug
** Shares of KalVista Pharmaceuticals KALV.O up 2% at $14.15 premarket** Company says European Commission and Swiss regulator, Swissmedic, have approved its drug Ekterly, the first on-demand oral treatment for a type of hereditary swelling disorder in adults and adolescents aged 12 years and older**...Reuters
an hour ago
Why Shares in Novo Nordisk Soared This Week
Key PointsThe oral version of Wegovy is proving to have similar efficacy, safety, and tolerability when compared to its injectable version. Clinical trial data suggest that Novo Nordisk's oral Wegovy is ahead of the pack, and it could receive FDA approval this year. 10 stocks we like better than Nov...The Motley Fool
an hour ago
Wall Street indexes notch record-high closes as Intel soars on Nvidia stake
Sept 18 (Reuters) - 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.Reuters
an hour ago
