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Home Depot slips after quarterly results miss on muted spending
** Shares of home improvement retailer Home Depot HD.N down ~2% at $386.70 premarket ** HD misses Q2 sales and profit estimates, hurt by reduced spending on large-scale home renovations and do-it-yourself projects** Co posts Q2 revenue of $45.28 billion, missing analysts' estimates of $45.36 bil...
Reuters
5 minutes ago
Home Depot misses quarterly estimates on muted demand
Aug 19 (Reuters) - Home Depot HD.N missed analysts' estimates for second-quarter sales and profit on Tuesday, as price-conscious homeowners reined in spending on large-scale home renovations and focused on do-it-yourself projects. Shares of the top U.S. home-improvement chain fell 2% to $388.3...
Reuters
11 minutes ago
Medtronic to add directors, form panels after Elliott takes large stake, WSJ reports
Aug 19 (Reuters) - Medtronic MDT.N will add two new directors and form new committees after Elliott Investment Management became one of its largest shareholders, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.Shares of the medical-device maker rose 3.3% in premar...
Reuters
12 minutes ago
INDIA STOCKS-Reliance, auto stocks lead rise in India's stock benchmarks
By Bharath Rajeswaran Aug 19 (Reuters) - India's equity benchmarks rose on Tuesday, led by Reliance Industries and auto makers on hopes of a demand boost from proposed goods and services tax (GST) cuts. The Nifty 50 .NSEI gained 0.42% to 24,980.65, while the BSE Sensex .BSESN added 0.46%...
Reuters
15 minutes ago
CANADA STOCKS-TSX futures steady as investors eye CPI data for clues on BoC rate path
Aug 19 (Reuters) - Futures tied to Canada's main stock index held steady on Tuesday, as investors awaited inflation data that could shape expectations for a potential rate cut by the country's central bank.The futures on the S&P/TSX index .SXFcv1 were up 0.12% as of 05:33 a.m. ET (0933 G...
Reuters
15 minutes ago
US STOCKS-Wall St futures subdued ahead of retail earnings, Fed commentary
Futures: Dow up 0.04%, S&P 500 down 0.01%, Nasdaq up 0.02% Aug 19 (Reuters) - U.S. stock index futures were muted on Tuesday as investors awaited earnings reports from major retailers for insights on the health of the American consumer, and a key Federal Reserve conference scheduled later in ...
Reuters
16 minutes ago
Intel gets $2 billion lifeline in the form of SoftBank equity investment
SoftBank to become 6th largest Intel shareholder, according to LSEG dataSoftBank not seeking board seat or committing to buy Intel chips, says sourceIntel shares rise ~7% premarket; SoftBank shares close down 4%By Jaspreet Singh, Max A. Cherney and Anton Bridge Aug 19 (Reuters) - Intel INTC.O is ...
Reuters
21 minutes ago
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025September 16-17 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)October 28-29 (second day: statement releas...
Reuters
23 minutes ago
REFILE-EXPLAINER-India's complex GST tax and how Modi's reform will make goods cheaper
By Nikunj Ohri NEW DELHI, Aug 19 (Reuters) - Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as boosting his image amid trade tensions with Washington. The structure o...
Reuters
40 minutes ago
Need to Supplement Your Retirement Income? Buy This Extremely Safe, High-Yielding Dividend Stock.
Key PointsRealty Income owns a high-quality portfolio of income-generating real estate. The REIT has a strong financial profile. It has delivered reliable and resilient growth that should continue. 10 stocks we like better than Realty Income › Many retirees face a shortfall between their Social Secu...
The Motley Fool
40 minutes ago
The Best Stocks to Invest $1,000 in Right Now
Key PointsIf you have $1,000 to invest, DigitalOcean and TSMC look like good long-term bets.DigitalOcean is building out its AI business as it competes for smaller businesses and developers.TSMC dominates the foundry business and is benefiting from surging demand for AI chips.10 stocks we like bette...
The Motley Fool
48 minutes ago
Xiaomi Corp Q2 Revenue RMB 116,000 Million, up 30.5% YOY
Xiaomi Corp Q2 Revenue RMB 116,000 Million, up 30.5% YOY
Tiger News
56 minutes ago
This Is the Average Social Security Benefit for Age 62
Key PointsThe average retired worker gets about $2,000 per month from Social Security.Beneficiaries who are 62 years old get about $650 less, on average.Claiming Social Security at 62 can result in a benefit reduction of as much as 30%. The $23,760 Social Security bonus most retirees completely over...
The Motley Fool
an hour ago
ARM Poaches Amazon AI Chip Chief; Accelerates Custom Silicon Shift
TradingKey - According to Reuters, global semiconductor intellectual property giant Arm has successfully hired Rami Sinno, former head of Amazon’s artificial intelligence (AI) chip division, reflecting the company’s latest progress in accelerating strategic transformation and building an in-house...
Arm Holdings PLC
TradingKey
an hour ago
3 No-Brainer Growth Stocks to Buy With $250 Right Now
Key PointsGrowth stocks have been the driving force behind the bull market, pushing valuations extremely high.These companies are all seeing strong customer retention rates driving steady revenue growth with potential operating leverage.Their stocks all offer great value when looking at their price-...
The Motley Fool
an hour ago
LIVE MARKETS-CTAs stay risk-on, but room to buy is limited - UBS
STOXX 600 up 0.4%Ukraine talks in focus Defence stocks fall, miners best offTraders await Fed Chair Powell's speech on FridayWelcome 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 CTAS ...
Reuters
an hour ago
If I Could Only Buy and Hold a Single Stock, This Would Be It
Key PointsAmazon and its management team are experienced with trying new things.Every success or failure, however, is a learning experience.History has shown that companies that foster innovation and don't punish failure tend to thrive, while those that fear it or are unwilling to adapt often strugg...
The Motley Fool
an hour ago
1 Top Cryptocurrency That Can Overtake Ethereum by 2028, According to Standard Chartered Analyst Geoff Kendrick
Key PointsXRP is a token on the Ripple payments network that lets banks and corporations settle transactions quickly and at a low cost.While Ethereum remains a central component of decentralized finance, it faces fierce competition from other blockchain networks.XRP's narrow scope is a plus in terms...
The Motley Fool
an hour ago
PREVIEW: Home Depot expected to post 5% rev jump in report due early Tues
** Shares of Home Depot HD.N down 0.8% to $396.08 in early afternoon trading Mon with home improvement giant's qtrly results due before markets open on Tues, with stalled housing recovery and tariffs in focus** Wall Street calling for Q2 rev of $45.37 bln, up 5% from a yr-ago, and adj EPS of $4....
Reuters
an hour ago
PRECIOUS-Gold gains on dollar weakness, investors look to Fed chair's speech
Fed minutes due on WednesdayFed's Jackson Hole symposium scheduled for August 21-23Trump says U.S. would help assure Ukraine security in peace dealBy Ishaan Arora Aug 19 (Reuters) - Gold prices edged higher on Tuesday, buoyed by a weaker dollar amid prospects of lower U.S. interest rates, whi...
Reuters
an hour ago
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