News
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Lilly falls after report says Novo to cut US prices for Ozempic, Wegovy
Shares of drugmaker Eli Lilly LLY.N down 2.2% at $1035.60 premarket after report that Danish rival Novo Nordisk NOVOb.CO plans to slash prices of its weight-loss and diabetes drugsNovo Nordisk plans to cut U.S. list prices for weight-loss drug Wegovy and diabetes drug Ozempic by up to half starting ...Reuters
17 minutes ago
Thermon jumps on $2.2 bln CECO buyout deal
Shares of industrial process heating firm Thermon THR.N jump 18.3% to $58.89 premarket after CECO Environmental CECO.O to buy coCECO says co to acquire THR in stock-and-cash deal worth $2.2 blnTHR shareholders can opt for $63.89 per share in cash, or $10 in cash and 0.6840 CECO stock, or 0.8110 CECO...Reuters
20 minutes ago
Keurig Dr Pepper rises on upbeat full-year forecasts
Shares of beverage company Keurig Dr Pepper KDP.O up 2% at $30.40 premarket Co forecasts strong results after beating quarterly earnings estimates, betting on its new flavors and marketing efforts to drive demand for its carbonated beverages and energy drinksExpects annual net sales in the range of ...Reuters
20 minutes ago
Street View: Uncertainty around Hims' GLP-1 business still weighs
Hims & Hers Health's HIMS.N shares slide 7.4% to $14.40 premarketTelehealth firm on Monday forecast first-quarter revenue below estimates, as it faces regulatory scrutiny over its weight-loss business and invests heavily in international expansionAt least 5 brokerages cut stock's PTGLP-1...Reuters
23 minutes ago
Constellation Energy rises after Q4 profit beat
Shares of utility Constellation Energy CEG.O up 1.25% at $297.4 premarketCo beats Q4 profit expectations on the back of rising electricity demand from data centersCo reported an adjusted profit of $2.30 per share, compared to analysts' estimates of $2.23 per share - data compiled by LSEG Quarter...Reuters
24 minutes ago
AMD clinches second mega chip supply deal, this time with Meta
AMD to sell up to $60 billion of AI chips to Meta over 5 yearsDeal gives Meta the option to buy up to 10% of AMD AMD had struck a similar deal with OpenAI last year By Max A. Cherney and Stephen Nellis SAN FRANCISCO, Feb 24 (Reuters) - Advanced Micro Devices AMD.O said on Tuesday it has agreed to...Reuters
24 minutes ago
Palvella jumps after rare disease treatment shows improvement in late-stage study
Shares of drug developer Palvella Therapeutics PVLA.O jump 28.1% to $112 premarketCo says its experimental topical treatment for patients with a type of rare skin and soft tissue disease met main goal in a late-stage studyCo was testing its experimental therapy, Qtorin rapamycin, to treat microcysti...Reuters
25 minutes ago
Blue Owl Capital dips as Deutsche Bank downgrades stock
Alternative asset manager Blue Owl Capital's OWL.N shares fall 2.2% to $10.21 premarketDeutsche Bank downgrades OWL to "hold" from "buy"; cuts PT to $10 from $15, a 4% discount to stock's last closeOWL stock has sunk 15% over the last week as its latest strategy to return cap...Reuters
30 minutes ago
BofA raises Construction Partners PT on operational strength
BofA Global Research lifts price objective on civil infrastructure firm Construction Partners ROAD.O to $147 from $115, reiterates rating at "buy"New PT implies an upside of 12.6% from the stock's last closeBofA says co's strong momentum and margin gains position it well for continue...Reuters
31 minutes ago
US STOCKS-US stock futures rise after selloff; tariff, AI worries linger
Futures up: Dow 0.25%, S&P 500 0.17%, Nasdaq 0.37%AMD jumps after clinching mega chip-supply deal with MetaHome Depot rises after reaffirming annual forecastsKeysight Technologies soars on upbeat Q2 earnings outlookBy Shashwat Chauhan and Ragini Mathur Feb 24 (Reuters) - U.S. stock index ...Reuters
37 minutes ago
GLOBAL MARKETS-Stocks steady, investors uneasy about AI disruption
Trump's tariffs create uncertainty for importers and trade partnersAI disruption fears impact investor sentimentNvidia's earnings report anticipated as potential market moverBy Gregor Stuart Hunter and Amanda Cooper SINGAPORE/LONDON, Feb 24 (Reuters) - Global shares stabilised on Tuesday,...Reuters
40 minutes ago
PPL rises after utility firm's $1 bln equity units sale, Wall Street upgrade
Shares of electric and gas utility PPL Corp PPL.N up 1.3% premarket at $37.73 after secures capital raise and gets analyst upgrade Allentown, Pennsylvania-based firm late Mon announced pricing 20 mln units at $50 for $1 bln The 3-yr mandatory convertible units have 7% annual dividend and ...Reuters
41 minutes ago
Pre-Bell | U.S. Stock Futures Edge up; AMD Soars 12%; Vir Biotech Rockets 60%; TSMC up over 2%; Nvidia, Tesla Fall Slightly; Novo Nordisk Sinks 3%
01 Stock MarketAs of Feb 24, U.S. stock index futures performed as follows: Dow Jones futures rose 0.24%, Nasdaq 100 futures gained 0.35%, and S&P 500 futures added 0.14%. The advance was led by strength in semiconductor-linked names and AI-exposed technology, with investors parsing fresh corporate ...Tiger News
43 minutes ago
CORRECTED-Keurig Dr Pepper Q4 revenue, profit beat estimates
OverviewBeverage company's Q4 revenue grew 10.5%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany announced Board Chair transition from Bob Gamgort to Pamela PatsleyOutlookKeurig Dr Pepper expects 2026 net sales of $25.9 bln to $26.4 blnCompany anticipates low-do...Reuters
46 minutes ago
LIVE MARKETS-The case for Britain's small- and mid-caps
STOXX 600 flat Banks lag, utilities riseSMI outperforms, hits new recordUS stock futures edge higherWelcome 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.com THE CASE FOR BRITAIN'S SMA...Reuters
50 minutes ago
AES Corp up after Google data center deals
Shares of utility AES Corp AES.N up 4.4% at $16.98 premarketCo signs agreements to provide energy generation for a new Google GOOGL.O data center planned in Wilbarger County, Texas"To-date, AES has signed agreements for nearly 12 GW of energy with data center customers, 9 GW of these are PPAs di...Reuters
54 minutes ago
Skittish investors spooked as dystopian AI outlooks go viral
Citrini report on AI risks adds to investor angstUS software stocks down over 20% so far in 2026Analysts caution over AI fear-mongering By Tom Westbrook SINGAPORE, Feb 24 (Reuters) - An imagined dystopia of mass unemployment fuelled by artificial intelligence, highlighted in Citrini Research'...Reuters
59 minutes ago
Kratos Defense & Security Solutions falls after Q1 rev forecast below estimates
Shares of defence firm Kratos Defense & Security Solutions KTOS.O down 3.4% at $91.09 premarket Co sees Q1 revenue of $335 mln to $345 mln, midpoint of which is below analyst est. of $343.4 mln - LSEG dataJefferies says Q1 revenue forecast reflects lag in timing of awards shifted to Q2 related t...Reuters
59 minutes ago
Freshpet rises after Morgan Stanley upgrades stock to 'overweight'
Shares of pet food retailer Freshpet FRPT.O up 3% at $81 premarket Morgan Stanley upgrades rating to "overweight" from "equalweight," raises PT to $90 from $71Brokerage sees less competitive risk than previously from General Mills' GIS.N expansion in fresh dog food following the ...Reuters
an hour ago
Advanced Micro Devices shares jump on up to $60 billion Meta chip deal
Advanced Micro Devices AMD.O shares climb 10.4% to $217.48 in premarket trading after announcing a deal to sell up to $60 bln in AI chips to Meta Platforms META.O over five yearsAgreement includes AMD's flagship MI450 GPUs and custom CPUs, and gives Meta an option to purchase up to 10% of AMD th...Reuters
an hour ago
