News
Important Only
ROI-Winners and losers from the rollback of US climate policies: Maguire
By Gavin Maguire LITTLETON, Colorado, Feb 19 (Reuters) - The scrapping of the foundation for U.S. federal climate regulations has upended energy investor narratives that have prevailed so far this decade, and is sparking a re-think on which sectors might now win and lose in the U.S. energy space....Reuters
25 minutes ago
MORNING BID EUROPE-Asia holidays as US, Iran work to avert conflict
A look at the day ahead in European and global markets from Rae WeeAsian markets were pretty sedate on Thursday with parts of the region still out for the Lunar New Year holiday, though investors remained on edge over whether tension between the U.S. and Iran could be the next geopolitical shoe to d...Reuters
55 minutes ago
EMERGING MARKETS-Asian FX slips as Fed jitters, upcoming rate decisions keep investors wary
S.Korean won, Malaysian ringgit lead regional lossesBI and BSP rate decisions due later in the daySouth Korean shares climb to a record highBy Rajasik Mukherjee Feb 19 (Reuters) - Asian currencies slipped on Thursday, led by the South Korean won and Malaysian ringgit, as a mildly hawkish interpre...Reuters
an hour ago
EMERGING MARKETS-Asian FX slips as Fed jitters, upcoming rate decisions keep investors wary
S.Korean won, Malaysian ringgit lead regional lossesBI and BSP rate decisions due later in the daySouth Korean shares climb to a record highBy Rajasik Mukherjee Feb 19 (Reuters) - Asian currencies slipped on Thursday, led by the South Korean won and Malaysian ringgit, as a mildly hawkish interpre...Reuters
an hour ago
BREAKINGVIEWS-Vaccine slump risks a downward financial spiral
By Aimee Donnellan DUBLIN, Feb 19 (Reuters Breakingviews) - During the pandemic, vaccine businesses were the pride of the pharmaceutical sector. The valuations of companies like Pfizer PFE.N and Moderna MRNA.O ballooned after immunisation researchers helped to end Covid-19 lockdowns at warp speed...Reuters
an hour ago
UK Stocks-Factors to watch on February 19
Feb 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%.LSEG: Elliott Investment Management is pressing London Stock Exchange Group LSEG.L to conduct a full review of its portfolio and launch a 5 billion pound buyback, a person familiar wi...Reuters
2 hours ago
'More friend than foe': TD Cowen backs India AI revenue prospects; Infosys leads IT stocks higher
Indian IT stocks .NIFTYIT rise as much as 1.5%Industry leaders Tata Consultancy Services TCS.NS and Infosys INFY.NS jump as much as 1.4% and 1.8%, respectivelyIT stocks currently up 0.7%, leading sectoral gainsINFY on Tuesday said AI services could be a $300 billion-$400 billion market by 2030TCS...Reuters
2 hours ago
METALS-LME copper edges down on a stronger dollar
Feb 19 (Reuters) - LME copper ticked down on Thursday, having gained more than 2% in the last session, as the U.S. dollar hit a more than one-week high and rising inventories with muted China demand weighed on prices of the red metal. Benchmark copper CMCU3 on the LME edged 0.2% down to $12,879...Reuters
2 hours ago
Japan's Nikkei rises on tech rally and Takaichi's spending hopes
By Satoshi Sugiyama TOKYO, Feb 19 (Reuters) - Japan's Nikkei share average rose on Thursday, tracking Wall Street's gains in tech shares and buoyed by renewed optimism about Prime Minister Sanae Takaichi's big-spending plan. The Nikkei .N225 wrapped up midday trading, gaining 0.8% to ...Reuters
3 hours ago
GLOBAL MARKETS-Asia shares get tech lift as Iran, rate uncertainty loom over markets
By Rae Wee SINGAPORE, Feb 19 (Reuters) - Asian stocks rose on Thursday, supported by gains in technology giants on Wall Street, while lingering U.S.-Iran tensions kept oil prices supported and left gold underpinned by safe-haven flows.In currencies, the dollar firmed after minutes from the Federa...Reuters
5 hours ago
24H｜Figma Soared 16%; DoorDash Shares Advanced 14%; EBay Up 5%; Occidental Up 3%; Carvana Shares Slumped 16%
Shares of Figma $(FIG)$ soared 16% in overnight trading. Revenue for the fourth quarter came out to $304 million, growing 40% from a year before and beating the FactSet consensus of $293 million. Figma reported adjusted earnings of 8 cents a share, in line with analysts' projections.DoorDash (DASH) ...Tiger News
5 hours ago
Japan's Nikkei rises on tech rally and Takaichi's spending plan
By Satoshi SugiyamaTOKYO, Feb 19 (Reuters) - Japan's Nikkei share average rose on Thursday, tracking Wall Street's gains in tech shares and buoyed by renewed optimism about Prime Minister Sanae Takaichi's big-spending plan. The Nikkei .N225 advanced 0.63% to 57,505.93, as of 0037 GMT, wh...Reuters
5 hours ago
Australia's Wesfarmers shares slide as high living costs temper second-half start
Half-year net profit up 9.3%, beats estimatesEarly second-half trading below expectationsBunnings, Kmart, WesCEF post 1H earnings growth Interim dividend lifted to 102 Australian centsBy Sneha Kumar Feb 19 (Reuters) - Shares of Wesfarmers WES.AX, Australia's biggest non-food retailer, fell b...Reuters
6 hours ago
Carvana shares tumble as fourth-quarter profit misses on higher costs
Feb 18 (Reuters) - Online used-car retailer Carvana CVNA.O missed Wall Street estimates for fourth-quarter profit on higher costs, sending the company's shares tumbling 15% after the bell on Wednesday.The miss marks a disappointing end to a stellar year for the retailer known for its iconic vehi...Reuters
6 hours ago
Judge rejects Live Nation bid to dismiss US lawsuit claiming it monopolized live concerts
US, 39 states sue over venues, promotions, ticketingJudge lets some claims proceed toward March 2 trialTicketmaster criticized for Taylor Swift ticketing woesLive Nation sees no basis for breakup, looks forward to trialBy Jonathan Stempel NEW YORK, Feb 18 (Reuters) - A federal judge on Wednesday ...Reuters
6 hours ago
ETF Daily | RKLX Rises 13%; SLV Rises 6%; Commodities Lead Rotation
Market OverviewU.S. equities firmed as the S&P 500 gained 0.56%, the Nasdaq Composite advanced 0.78%, and the Dow Jones Industrial Average added 0.26%. Across ETFs, price action reflected a risk-on tilt and a commodities-led rotation, with leveraged technology and small-cap products in positive terr...Tiger News
6 hours ago
Booking Holdings beats quarterly profit estimates amid steady international travel demand
By Anshuman TripathyFeb 18 (Reuters) - Online travel agency Booking Holdings BKNG.O beat Wall Street estimates for fourth-quarter profit on Wednesday amid resilient international travel demand, sending its shares up 2% in extended trading.Demand for international travel is expected to grow, fueled ...Reuters
7 hours ago
DoorDash forecasts upbeat quarterly order value as delivery demand stays firm
By Angela Christy M Feb 18 (Reuters) - Food delivery company DoorDash DASH.O forecast first-quarter marketplace gross order value above Wall Street estimates on Wednesday, buoyed by steady demand and aggressive expansion across grocery, retail and international markets. Shares of the company j...Reuters
7 hours ago
EBay forecasts upbeat revenue, buys Depop to boost fashion presence
By Juby BabuFeb 18 (Reuters) - EBay Inc EBAY.O forecast first-quarter revenue above Wall Street estimates on Wednesday and announced the acquisition of fashion marketplace Depop from Etsy ETSY.N for nearly $1.2 billion, sending its shares up more than 7% in extended trading.The company has worked to...Reuters
7 hours ago
FTSE Russell proposes fast-entry rule for its US indexes as large IPOs loom
Feb 18 (Reuters) - Index provider FTSE Russell on Wednesday proposed introducing a "fast-entry" mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes ahead of several large listings.The year is shaping up to be one of the busiest for...Reuters
7 hours ago
