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Medtronic to add two new directors after Elliott takes large stake
By Puyaan Singh and Kamal ChoudhuryAug 19 (Reuters) - Medtronic MDT.N said on Tuesday it would add two new directors to its board and set up committees to help boost its lagging shares after activist investor Elliott Investment Management emerged as one of its largest shareholders. The medical-devi...
Reuters
26 minutes ago
Home Depot retains annual forecasts, flags 'modest' price hikes due to tariffs
U.S. comparable sales rise 1.4%, third straight quarter of growthMisses quarterly sales, profit estimatesProfessional contractor demand remains strong, says CFO McPhailHome Depot shares gain 3%, Lowe's up 2%By Savyata Mishra and Nicholas P. Brown Aug 19 (Reuters) - Home Depot HD.N kept its a...
Reuters
35 minutes ago
CSX up after Reuters report on Toms Capital seeking meeting with co's board
** Shares of railroad operator CSX CSX.O rise 1.9% to $36.66** Hedge fund Toms Capital Investment Management has requested to meet with CSX's board after recently buying a stake, raising speculation the firm may push for a possible merger, Reuters reports, citing people familiar with the matter*...
Reuters
35 minutes ago
US STOCKS-Dow briefly hits record high as Home Depot puts focus on retail earnings
Indexes: Dow up 0.11%, S&P 500 down 0.34%, Nasdaq falls 1.01%Home Depot up after retaining annual forecastsIntel jumps on SoftBank investmentPalo Alto Networks forecasts strong fiscal 2026 revenue and profitBy Johann M Cherian and Sanchayaita Roy Aug 19 (Reuters) - The blue-chip Dow briefly ...
Reuters
36 minutes ago
Thumzup Media slumps after striking deal for Dogehash Technologies
** Digital asset hoarder Thumzup Media's TZUP.O shares plunge as much as 58.8% to $3.50, their lowest since March** Stock last down 44.8% at $4.69** TZUP will buy crypto mining company Dogehash Technologies in an all-stock transaction** Dogehash shareholders will exchange 100% of their holdings ...
Reuters
39 minutes ago
Why Intel Stock Is Soaring Today
Key PointsSoftBank will invest $2 billion at $23 per share, becoming Intel’s fifth-largest holder with a roughly 2% stake.This backing helps validate Intel's turnaround efforts, yet sales weakness and lack of profits persist.The U.S. government believes Intel's domestic manufacturing is critical to ...
The Motley Fool
47 minutes ago
Viking Therapeutics plunges after oral obesity pill data misses expectations
** Shares of drug developer Viking Therapeutics VKTX.O fall 43.8% to $23.65, on track for their biggest one-day percentage drop on record** Company says its experimental oral obesity drug, VK2735, helped patients lose 12.2% of their body weight, on average, over 13 weeks and was safe and well-tolera...
Reuters
52 minutes ago
Viking's weight-loss pill data disappoints, shares sink
By Siddhi Mahatole Aug 19 (Reuters) - Viking Therapeutics VKTX.O said Tuesday its experimental weight-loss pill helped patients lose 12.2% of their body weight in a mid-stage trial, missing Wall Street's top-end expectations of 15% and sending its shares plummeting by 41%.In the 280-person st...
Reuters
55 minutes ago
US FDA declines to approve PTC Therapeutics' oral drug for rare genetic disorder
By Puyaan Singh and Kamal Choudhury Aug 19 (Reuters) - The U.S. Food and Drug Administration has denied approval for PTC Therapeutics' PTCT.O oral medication for a rare genetic disorder with limited treatment options, the company said on Tuesday. In its so-called Complete Response Letter, th...
Reuters
59 minutes ago
Why Investors Have Soured on Restaurant Stocks
In this podcast, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss:Cava's big earnings drop.Why Chipotle has struggled.Restaurants as an economic warning.One restaurant tech stock that's still growing.To catch full episodes of all The Motley Fool's free podcasts, check o...
The Motley Fool
an hour ago
The Trade Desk Stock Investors Need to Know This Before Buying or Selling
The Trade Desk (NASDAQ: TTD) shocked investors with the price action following a performance update.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of Aug. 16, 2025. T...
The Motley Fool
an hour ago
Prologis climbs after Mizuho upgrades to 'outperform'
**Shares of real estate investment trust Prologis PLD.N rise ~5% to $109** Brokerage Mizuho upgrades stock to "outperform" from "neutral"; raises PT to $118 from $109** Says the company is well-positioned to benefit from President Donald Trump's tax and spending bill, which allow...
Reuters
an hour ago
Why Palantir Stock Is Plummeting Today
Key PointsCitron pointed out that if you take the implied sales multiple from OpenAI's latest valuation, PLTR would trade at roughly $40 per share.Palantir stock trades at roughly 7.5 times that of OpenAI’s implied sales multiple.To justify today’s valuation, Palantir must sustain rapid growth and m...
The Motley Fool
an hour ago
Why Novo Nordisk Stock Popped Today
Key PointsViking Therapeutics says its new GLP-1 weight loss pill VK2735 helped patients shed 12.2% of body weight in 13 weeks.That's a better result than Eli Lilly just reported for its GLP-1 pill, but not quite as good as what Novo Nordisk reports.Novo Nordisk stock is also cheaper than Eli Lilly,...
The Motley Fool
an hour ago
Top Calls on Wall Street: Nvidia, Meta, Tesla, Coinbase, GM, Caterpillar, Snowflake, Amazon & More
Here are the biggest calls on Wall Street on Tuesday:William Blair initiates Thermo Fisher as outperformThe investment bank said it is “time to buy the premier partner in life sciences.”“The synergies created by Thermo’s best-in-class service offerings have solidified its position as the partner of ...
Tiger News
an hour ago
Why Viking Therapeutics Stock Crashed Today
Key PointsViking Therapeutics' new GLP-1 weight loss pill, VK2735, helped patients shed 12.2% of their body weight in 13 weeks.The pill is proving "safe and well-tolerated." However, one-fifth of participants in the study complained of the side effects and dropped out of Viking's clinical trial.10 s...
The Motley Fool
an hour ago
Near 52-Week Low, Should Investors Buy Salesforce Stock?
The customer relationship management company is experiencing slower growth, and investors are concerned.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of Aug. 15, 202...
The Motley Fool
an hour ago
US wants equity stake in Intel for cash grants approved under Biden
By Andrea Shalal and David Shepardson WASHINGTON, Aug 19 (Reuters) - U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash grants approved during the administration of former President Joe Biden.Separately, Treasury Secretary Sc...
Reuters
an hour ago
EMERGING MARKETS-Latam FX lower, stocks drop as Ukraine peace hopes falter
Trump promises security guarantees for Ukraine Mexican stocks to rise by end-2026 Bolivia's dollar bonds rally for second day MSCI Latam FX down 0.6%, stocks drop 1.5%By Purvi Agarwal Aug 19 (Reuters) - Latin American currencies and stocks were mostly lower on Tuesday as investors weighed the...
Reuters
2 hours ago
LIVE MARKETS-U.S. defense stocks 'under-appreciated'
DJI up ~0.2%, S&P 500 declines, Nasdaq off >1%Comm Svcs weakest S&P sector; Real Estate leads gainersEuro STOXX 600 index up ~0.7%Dollar ~flat; gold slips; crude down >1%; bitcoin off >2%US 10-Year Treasury yield dips to ~4.31%Welcome to the home for real-time coverage of markets br...
Reuters
2 hours ago
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