News
Important Only
Hecla Mining up after upbeat results, Casa Berardi sale announcement
Hecla Mining shares HL.N up 5.6% premarket to $22.43Miner's Q4 revenue up 83% year-over-year to $448.11 mln on higher metal prices, surpassing analyst expectations of $382.05 mln - LSEG-compiled dataAdjusted EPS of 22 cents, beats analyst estimates of 18 centsCo announces sale of Casa Berardi go...Reuters
9 minutes ago
Rush Street Interactive rises on upbeat FY revenue forecast
Shares of online casino and sports betting company Rush Street Interactive RSI.N jump 22.8% to $20.80 premarket Co expects FY 26 revenue between $1.38 bln and $1.42 bln, above analyst expectations of $1.32 bln, according to data complied by LSEGCo's Q4 revenue of $324.9 mln beats estimates of $3...Reuters
25 minutes ago
GLOBAL MARKETS-Global shares regain footing as AI jitters abate; investors digest Lagarde exit report
Europe's STOXX 600 hits a recordFT reports Lagarde may step downRussia-Ukraine talks continueBy Niket Nishant and Scott Murdoch LONDON/SYDNEY, Feb 18 (Reuters) - Global shares rose on Wednesday as investors took a breather following an artificial intelligence-driven selloff, while assessing ...Reuters
33 minutes ago
Premarket Movers | Gold and Silver Stocks Jump; AGQ up 7%; Hycroft Mining, First Majestic Silver, Pan American Silver up 3%
Gold and silver stocks jumped in premarket trading on Wednesday.AGQ up 7%; Hycroft Mining, First Majestic Silver, Pan American Silver up 3%; Coeur Mining up 2%; Harmony Gold, Newmont up 1%.Tiger News
47 minutes ago
Nvidia rises after mega multiyear Meta AI chip deal
Nvidia NVDA.O shares rise 2% premarket on Wednesday after it struck a multiyear deal to supply Meta META.O with millions of current and next-gen AI chipsPact spans Nvidia's Blackwell and forthcoming Rubin processors, plus standalone Grace and Vera CPUsNvidia did not disclose a value for the dea...Reuters
54 minutes ago
Swiss bank EFG's shares tumble on 'unexpected' litigation charge
Shares in Swiss bank EFG International EFGN.S fall 8.4%Company reports a large litigation provision even as it posts 1% increase in full-year net profitCEO Giorgio Pradelli says the litigation fee resulted from a UK court case in which EFG and other asset managers were accused of laundering bribes t...Reuters
59 minutes ago
Palo Alto Networks drops on lowered annual profit forecast
Shares of cybersecurity firm Palo Alto Networks PANW.O slump 7.34% to $151.50 in premarket tradingCo trimmed its annual profit forecast on Tuesday, citing rising costs from recent acquisitions aimed at strengthening its AI capabilities Co expects $2.3 bln cash expenditure in Q3 for the CyberArk acq...Reuters
an hour ago
LIVE MARKETS-STOXX 600 touches fresh record on earnings boost
STOXX 600 rises 0.7%UK inflation fallsEarnings lift moodUS-Iran talks in focusWelcome 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.comSTOXX 600 TOUCHES FRESH RECORD ON EARNINGS BOOSTEurope...Reuters
an hour ago
Premarket Movers | Synopsys up 4%; Cadence Design Jumps 5%; RXRX Slides 13%; Palo Alto Networks Plunges 8%; APLD Sinks 7%; SanDisk down 1%
SanDisk Corp. fell 1% in premarket trading on Wednesday.Hard disk drive maker Western Digital plans to raise $3.17 billion by selling some of its stake in former unit Sandisk through a secondary share sale at a 7.7% discount to its last close, the flash drive maker said on Wednesday.Western Digital ...Tiger News
an hour ago
Nvidia Stock up 2%, Meta Stock up 1% and AMD down 1% After Meta Expands Nvidia Deal to Use Millions of AI Chips in Data Center Build-Out, Including Standalone CPUs
Meta Platforms, Inc. will use millions of Nvidia chips in its artificial intelligence data centers, including Nvidia’s new standalone CPUs and next-generation Vera Rubin systems, in a sweeping new deal announced Tuesday.Meta CEO Mark Zuckerberg said in a statement that the expanded partnership conti...Tiger News
2 hours ago
Bayer falls on $7.25 billion Roundup settlement plan
German pharmaceutical firm Bayer AG's BAYGn.DE shares fall 7.6% after the company said it proposed a $7.25 billion plan to settle Roundup cancer cases, causing doubts in the marketThe German company said the proposed nationwide settlement, filed on Tuesday in state court in St. Louis, Missouri, ...Reuters
2 hours ago
METALS-LME copper rises from over one-week low on bargain buying
Feb 18 (Reuters) - LME copper rose on bargain-hunting by investors in thin Asian trade on Wednesday, after falling to a more than one-week low in the previous session when high inventories of the red metal and a firm dollar pressured prices.Benchmark copper CMCU3 on the LME added 0.7% to $12,708.50 ...Reuters
3 hours ago
India's stock benchmarks muted as IT pullback counters sectoral advances
India's stock benchmarks Nifty 50 .NSEI and Sensex .BSESN trade nearly flat as losses in IT counter gains in most other sectorsFourteen of 16 major sectors rise, while small-caps .NIFSMCP100 gain 0.4% and mid-cap .NIFMDCP100 add 0.2%IT .NIFTYIT, the second-heaviest sector, falls 1.6% after a pri...Reuters
3 hours ago
Western Digital to sell partial Sandisk stake for $3.17 billion to cut debt
Feb 18 (Reuters) - Hard disk drive maker Western Digital plans to raise $3.17 billion by selling some of its stake in former unit Sandisk SNDK.O through a secondary share sale at a 7.7% discount to its last close, the flash drive maker said on Wednesday.Western Digital is expected to swap the 5.8 mi...Reuters
3 hours ago
HBSC sees impact of Oswego fire on India's Hindalco easing; retains 'Buy'
Aditya Birla Group-owned metals producer Hindalco HALC.NS up 0.4% to 890.1 rupeesHBSC retains "Buy"; keeps PT unchanged at 1,210 rupeesCalls negative stock reaction to Novelis's Oswego fire, consolidated debt increase excessiveCo posts 45% y/y fall in Q3 profit, hurt by expenses linked t...Reuters
3 hours ago
Nikkei rises as shares seen linked to $550 billion US deal jump
By Junko Fujita TOKYO, Feb 18 (Reuters) - Japan's Nikkei share average snapped a four-day losing streak on Wednesday, as shares of companies seen involved in the country's pledge to invest $550 billion in U.S. projects jumped. The Nikkei .N225 rose 1.02% to close at 57,143.84. The broade...Reuters
3 hours ago
LIVE MARKETS-Europe before the bell: positive earnings lift the mood
European futures tick higherUK inflation fallsEarnings lift moodUS-Iran talks in focusWelcome 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.comEUROPE BEFORE THE BELL: POSITIVE EARNINGS LIFT TH...Reuters
3 hours ago
Italy - Factors to watch on February 18
The following factors could affect Italian markets on Wednesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.POLITICSItaly's opposition groups criticised a go...Reuters
3 hours ago
METALS-LME copper rises from over one-week low on bargain buying
Feb 18 (Reuters) - LME copper rose on bargain-hunting by investors in thin Asian trade on Wednesday, after falling to a more than one-week low in the previous session when high inventories of the red metal and a firm dollar pressured prices.Benchmark copper CMCU3 on the LME added 0.7% to $12,702 a m...Reuters
3 hours ago
LIVE MARKETS-Geneva talks, inflation in spotlight amid Lunar New Year lull
Welcome 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.comGENEVA TALKS, INFLATION IN SPOTLIGHT AMID LUNAR NEW YEAR LULLGeopolitical tensions and signs of cooling in the red-hot tech sector rema...Reuters
4 hours ago
