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METALS-LME copper edges up from over one-week low in thin Asia trade
Feb 18 (Reuters) - LME copper edged up in thin Asian trade on Wednesday, after falling to a more than one-week low in the previous session as high inventories of the red metal and a firm dollar pressured prices.Benchmark copper CMCU3 on the LME added 0.4% to $12,670.50 a metric ton as of 0219 GMT. I...Reuters
29 minutes ago
Japan's Nikkei rises 1%, tech shares seen involved in $550 bln US deal gain
By Junko Fujita TOKYO, Feb 18 (Reuters) - Japan's Nikkei share average rose on Wednesday, set to snap a four-day losing streak, as technology firms that are seen as involved in Japan's $550 billion U.S. investment project gained. The Nikkei .N225 rose 1% to 57,131.89 as of 0135 GMT and th...Reuters
2 hours ago
GLOBAL MARKETS-Asia stocks rise despite lingering AI worries, oil down after US-Iran talks
Japanese, Australian equities rise with many markets closed for holidaysNZ dollar slides after central bank says rates to stay low 'for some time'By Scott Murdoch SYDNEY, Feb 18 (Reuters) - Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries grippin...Reuters
2 hours ago
24H | New York Times Jumps 3.6%; SanDisk Falls 2%; Nvidia, Meta Rise About 0.6% Each While AMD Drops over 2%; Applied Digital Plunges 9%
Berkshire initiated a holding in New York Times that is now worth about $375 million. New York Times stock is up about 3.6% in overnight trading to $76.67 in reaction to the Berkshire news after rising 1.5% in regular trading and hitting a new 52-week high.Sandiskstock fell 2% in overnight trading f...Tiger News
2 hours ago
Australian shares climb as NAB sets peak, BlueScope jumps on improved bid
Feb 18 (Reuters) - Australian shares climbed on Wednesday, powered by a record high for National Australia Bank after the lender posted strong first-quarter numbers, while BlueScope Steel jumped on an improved takeover offer.The S&P/ASX 200 index .AXJO was up 0.4% at 8,994.3 points, as of 0121 G...Reuters
2 hours ago
CSL signs licensing deal with Eli Lilly for clazakizumab to explore other potential treatments
CSL granted Eli Lilly certain rights for clazakizumabCSl to receive upfront payment of $100 millionCSL shares up 2.1%Feb 18 (Reuters) - Australia's CSL CSL.AX said on Wednesday it has granted Eli Lilly LLY.N certain rights to develop and commercialize clazakizumab, an anti-interleukin-6 monoclon...Reuters
2 hours ago
24H | Nano Nuclear Energy Gains Nearly 3%; Cadence Design Systems Rises 4%; Palo Alto Networks Jumps over 8% After Earnings Results
Palo Alto Networks trimmed its annual profit forecast on Tuesday, signaling rising costs from recent acquisitions to enhance AI capabilities, sending the cybersecurity company's shares down over 8% in overnight trading.Cadence Design Systems beat quarterly revenue estimates on Tuesday, as strong dem...Tiger News
3 hours ago
REFILE-Australian shares climb as NAB sets peak, BlueScope jumps on improved bid
Feb 18 (Reuters) - Australian shares climbed on Wednesday, powered by a record high for National Australia Bank after the lender posted strong first-quarter numbers, while BlueScope Steel jumped on an improved takeover offer.The S&P/ASX 200 index .AXJO was up 0.5% at 9,005 points, as of 2332 GMT...Reuters
3 hours ago
SGH, Steel Dynamics bid $10.6 billion for BlueScope Steel in 'best and final' offer
Consortium hikes offer to A$32.35 a share, excluding dividendsNew offer 8% higher than the prior rejected offerSGH, Steel Dynamics maintain plan to break up BlueScopeBlueScope's shares jump as much as 6% in early tradingBy Sameer Manekar Feb 18 (Reuters) - Australian steelmaker BlueScope Stee...Reuters
3 hours ago
Australia's CSL recovers after signing licensing deal with Eli Lilly
Shares of CSL CSL.AX rise 1.5% to A$153.78Shares rebound after plunging 16.9% last week on posting an 81% drop in first‑half profit, while CEO Paul McKenzie stepped downAustralian biotech giant signs licensing agreement with Eli Lilly LLY.N, granting it certain rights to develop and commercialise cl...Reuters
3 hours ago
ETF Daily | ETRL Surges 42%; ONDL, AVXX Climb About 16%; Small-Cap And Real Estate Tilt
Momentum in single‑stock ETFs and a sharp bid for rate‑sensitive segments framed a session that otherwise saw major indices tread water, with small caps and real estate signaling a modest turn toward cyclicality and duration.Market OverviewU.S. equities finished marginally firmer, with the S&P 500, ...Tiger News
3 hours ago
Danaher to buy Masimo in $9.9 billion deal in diagnostics push
Danaher to pay $180 per share, a 38.3% premiumAnalysts see deal as surprising Deal anticipated to close by second half of 2026By Sabrina Valle and Gnaneshwar Rajan Feb 17 (Reuters) - Danaher DHR.N, a $150 billion U.S. company that makes tools used in developing and testing medicines, on Tuesday a...Reuters
4 hours ago
Genuine Parts to carve out industrial business; shares fall
Split expected by the first quarter of 2027Shares slide more than 12%Flags $150 million hit from First Brands Forecasts annual profit below estimates By Apratim Sarkar and Sabrina Valle Feb 17 (Reuters) - Genuine Parts GPC.N said on Tuesday it will split into two companies on the view that its a...Reuters
4 hours ago
TRADING DAY-AI disruption, US-Iran nuclear talks, rate cut bets keep investors on their toes
By Stephen Culp NEW YORK, Feb 17 (Reuters) - Wall Street stocks see-sawed to nominal gains on Tuesday as investors juggled ongoing concerns over spending on artificial intelligence and the potential economic disruptions AI may bring, with positive signals from Iran regarding the progress of n...Reuters
4 hours ago
Berkshire Hathaway invests in New York Times, trims Apple
Berkshire reports $351.7 million stake in New York TimesTimes shares rise after-hoursApple remains Berkshire's largest holdingBy Jonathan Stempel Feb 17 (Reuters) - Berkshire Hathaway BRKa.N disclosed on Tuesday a new investment in the New York Times NYT.N, marking its reentry into a sec...Reuters
4 hours ago
Sandisk Falls After Western Digital Plans to Sell $3.1 Billion in Shares
Sandiskstock fell 1.92% in after-hours trading following an announcement that Western Digital Corporation plans to sell approximately $3.1 billion worth of Sandisk shares.Sandisk revealed the launch of a secondary public offering of $3,085,774,648 of its common stock currently owned by Western Digit...Tiger News
4 hours ago
Republic Services forecasts downbeat 2026, shares fall
Feb 17 (Reuters) - Republic Services RSG.N forecast 2026 profit and revenue below Wall Street estimates on Tuesday, as soft demand for its mainstay environmental solutions business persists.Shares of the garbage management firm fell over 2% after the bell.Demand for the company's waste collectio...Reuters
5 hours ago
Palo Alto Networks cuts annual profit forecast as deal costs bite, shares fall
Feb 17 (Reuters) - Palo Alto Networks PANW.O trimmed its annual profit forecast on Tuesday, signaling rising costs from recent acquisitions to enhance AI capabilities, sending the cybersecurity company's shares down nearly 8% in extended trading. The company announced on Tuesday the acquisition ...Reuters
5 hours ago
Cadence Design up after beating quarterly results estimates
Shares of chip design software provider Cadence Design CDNS.O rise 4.4% to $296 after the bellCDNS' Q4 revenue of $1.44 billion beats analysts' average estimate of $1.42 billion, according to data compiled by LSEGCadence posts adj. profit of $1.99 per share for Q4, exceeding consensus estima...Reuters
5 hours ago
Cadence beats quarterly profit and revenue estimates on strong AI-linked demand
Feb 17 (Reuters) - Cadence Design Systems CDNS.O beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.Shares of the San Jose, California-based company were up nearly 4% in extended trading.Elevated deman...Reuters
5 hours ago
