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Abercrombie & Fitch falls after Citi downgrades stock to 'neutral'
**Shares of Abercrombie & Fitch ANF.N fall about 5% to $90.72** Brokerage Citi downgrades stock to "neutral" from "buy," citing tariff-related margin pressures** Says ANF’s annual tariff burden may rise to $220 mln from $100 mln, driven by higher rates from key sourcing countries...Reuters
8 minutes ago
Regeneron rises after FDA's extended decision date for eye drug comes ahead of expectations
** Shares of drugmaker Regeneron REGN.O rise 3.5% to $591.78 ** U.S. FDA has extended the target action dates for two applications of the high-dose version of REGN's eye disease drug, Eylea, to the fourth quarter** Earlier this month, REGN said it expected a delay due to an inspection at contra...Reuters
12 minutes ago
LIVE MARKETS-Changing buyer mix leaves very long government bonds vulnerable to volatility
Nasdaq down ~1%, S&P 500 declines ~0.5%, Dow edges redFed's July meeting minutes expected at 2:00 p.m. ET. Tech weakest S&P 500 sector; Energy leads gainersDollar dips; bitcoin, gold gain; crude up ~1.5%US 10-Year Treasury yield edges down to ~4.28%Welcome to the home for real-time cove...Reuters
15 minutes ago
EXCLUSIVE-Judge in US crosshairs warns Brazil banks not to apply sanctions locally
Supreme Court Justice Moraes hit by US financial sanctionsJudge warns banks against applying sanctions in BrazilBank shares tumble on tension between US, Brazilian lawBy Ricardo Brito and Brad Haynes BRASILIA, Aug 20 (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes, who recently ha...Reuters
22 minutes ago
Why Target Plunged Today
Key PointsTarget delivered further declines in revenue and profits, but beat low Q2 expectations. CEO Brian Cornell is stepping down and will be replaced by COO Michael Fiddelke. Investors appeared to be disappointed by the appointment. 10 stocks we like better than Target › Shares of retail giant T...The Motley Fool
24 minutes ago
Consumer stocks rally drives UK's FTSE 100 to record close
FTSE 100 closes 1% up, FTSE 250 rises 0.2%Aerospace and defence index declines for second dayUK inflation rises to highest since early 2024 at 3.8%Ithaca Energy soars on boosted 2025 production forecast Aug 20 (Reuters) - Britain's FTSE 100 clinched a fresh record close on Wednesday with cons...Reuters
31 minutes ago
Why Palantir Stock Is Plummeting Today
Key PointsUnlike many AI rivals, Palantir is profitable and growing revenue rapidly.Macro concerns are leading investors to sell out of tech, and Palantir's stretched valuation is making things worse.Palantir stock carries a sales multiple that far exceeds OpenAI's, despite OpenAI's substantially hi...The Motley Fool
35 minutes ago
U.S. STOCKS ON THE MOVE-Snowflake, silver miners, oil firms
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes declined on Wednesday and the Nasdaq hit a two-week low as a rally in technology stocks cooled and caution prevailed ahead of the Federal Reserve's highly ...Reuters
38 minutes ago
Estee Lauder forecasts profit below estimates, warns of $100 million tariff hit
Organic net sales fall 13% in Q4, hurt by weakness in skincare and makeup segmentsQuarterly loss widens to $546 million due to impairment chargesEstee Lauder plans to expand duty-free presence in Americas, CFO saysShares fall about 4%By Anuja Bharat Mistry, Anshi Sancheti and Samantha Marshak Aug...Reuters
40 minutes ago
US STOCKS-Tech stocks pressure Wall St as caution sets in ahead of Fed meet
Indexes off: Dow 0.19%, S&P 500 0.74%, Nasdaq 1.38%Nasdaq hits two-week low, S&P 500 slips to over one-week lowTarget down after reaffirming annual forecastEstee Lauder down as annual profit forecast below estimatesBy Johann M Cherian and Sanchayaita Roy Aug 20 (Reuters) - Wall Street...Reuters
42 minutes ago
GLOBAL MARKETS-Wall Street tech selloff deepens, European shares steady
Tech-heavy U.S. stock index down more than 1%Concerns over valuation, risk-off mood hurt tech stocksTrump's growing influence over tech sector raises concernsMinutes of Fed's July meeting due on WednesdayBy Jaspreet Kalra and Noel Randewich MUMBAI/SAN FRANCISCO, Aug 20 (Reuters) - Wall St...Reuters
44 minutes ago
TJX Companies Lifts 2026 Outlook
TJX Companies(NYSE:TJX) reported second quarter fiscal 2026 results on August 20, 2025, with comparable sales up 4% year-over-year, diluted earnings per share (EPS) of $1.10, up 15% year-over-year, and a pretax profit margin of 11.4% -- well above company guidance. Management raised full-year fiscal...The Motley Fool
59 minutes ago
LIVE MARKETS-Corporate America braces for tariffs, job cuts as sentiment turns negative
Nasdaq down ~1.2%, S&P 500 declines ~0.6%, Dow slipsFed's July meeting minutes expected at 2:00 p.m. ET. Cons Disc weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index up ~0.3%Dollar, bitcoin dip; gold rises; crude gains >1.5%US 10-Year Treasury yield edges down to ~4.28%...Reuters
an hour ago
Rocket Pharmaceuticals rises after FDA lifts clinical hold on gene therapy trial
** Shares of drug developer Rocket Pharmaceuticals RCKT.O rise 16.3% to $3.38 ** Company says the U.S. FDA has lifted a clinical hold placed on its mid-stage study testing its gene therapy RP-A501** The hold was lifted in under three months after the FDA confirmed Rocket had satisfactorily addressed...Reuters
an hour ago
Why Is Wall Street So Bearish on Lululemon? There's 1 Key Reason.
Key PointsTwo major trends haven't done the athleisurewear company any favors recently.One worrying development from this is a significant erosion in top-line growth.10 stocks we like better than Lululemon Athletica Inc. › Lululemon Athletica (NASDAQ: LULU) stock has looked very drained and low-ener...The Motley Fool
an hour ago
Intel in talks with large investors for equity boost at discount, CNBC reports
Aug 20 (Reuters) - Intel INTC.O is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the struggling chipmaker got a $2 billion capital injection from SoftBank Group 9984.T. The new funding would be another financial l...Reuters
2 hours ago
Target stock slumps after retailer names insider Fiddelke to CEO role
COO Michael Fiddelke to succeed long-time CEO Brian CornellTarget's Q2 net sales hit $25.2 billion, keeps annual forecasts intactStock has slumped amid sales struggles, DEI policy backlashFiddelke aims to improve merchandise quality, shopper experience, tech integrationBy Siddharth Cavale and Ju...Reuters
2 hours ago
Intel Investors Just Got Amazing News
In today's video, I discuss recent updates affecting Intel (NASDAQ: INTC), Arm Holdings (NASDAQ: ARM), and other semiconductor companies. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Aug. 18,...The Motley Fool
2 hours ago
3 No-Brainer Warren Buffett Stocks to Buy Right Now
Key PointsBerkshire Hathaway added to its Sirius XM stake three weeks ago. It now owns 37% of the media giant.Nu Holdings just got a rare double analyst upgrade after posting strong quarterly results on Friday.Lennar was one of the housing plays that Berkshire Hathaway added to last quarter. 10 stoc...The Motley Fool
2 hours ago
