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PRECIOUS-Gold little changed as investors await Jackson Hole remarks
Aug 21 (Reuters) - Gold prices were steady on Thursday as investors awaited cues into the Federal Reserve's policy outlook ahead of the Jackson Hole symposium in Wyoming, which begins later in the day.FUNDAMENTALS* Spot gold XAU= eased 0.1% to $3,343.09 per ounce as of 0032 GMT. U.S. gold future...
Reuters
28 minutes ago
ASX-listed James Hardie deepens rout to more than 2-year low after bleak outlook
** ASX-listed James Hardie JHX.AX falls 7% to A$29.85, lowest since January 23, 2023; deepens rout into fifth straight session** Stock among top 10 losers on ASX 200 benchmark index .AXJO ** JHX lost A$7.14 bln ($4.59 bln) in value on Wednesday after bleak 2026 earnings forecast** Co flagged chal...
Reuters
51 minutes ago
RPT-COLUMN-Powell's last Jackson Hole speech could pack a punch: McGeever
By Jamie McGeever ORLANDO, Florida, Aug 20 (Reuters) - Financial markets are taking in a collective breath ahead of Jerome Powell's eighth and final keynote Jackson Hole speech as Federal Reserve Chair. If the moves following his last seven are any guide, investors buckle up for a bumpy ride....
Reuters
55 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
56 minutes ago
24H|CoreWeave Climbs After Jane Street Acquires 5.4% Stake
CoreWeave, Inc. shares climbed in overnight trading after it was revealed Jane Street had purchased a 5.4% stake in the artificial intelligence hyperscaler.The quantitative trading firm now holds a total of 19.99M shares of CoreWeave, according to a filing with the U.S. Securities and Exchange Comm...
Tiger News
57 minutes ago
Nasdaq, S&P 500 end lower as investors sell tech, buy less pricey sectors
Aug 20 (Reuters) - The Nasdaq and S&P 500 fell on Wednesday as investors sold tech stocks and moved into less highly valued sectors, as they also awaited remarks from Federal Reserve officials at their Jackson Hole symposium this week.
Reuters
an hour ago
Intel in Talks with Other Large Investors for Equity Boost at Discount, Sources Say
Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC’s David Faber.
Intel Corp
Tiger News
an hour ago
24H|AI Stocks Jump, SoundHound AI up 4%, Palantir up 1.4%; Nuclear Stocks Rise, NuScale Power up 4%, Nano Nuclear up 2%; Nordson up 6%
AI stocks rose in overnight trading. SoundHound AI Inc up 4%; Unity Software Inc. up 3%; Palantir Technologies Inc. up 1.4%; Hims & Hers Health Inc. up 1%.Nuclear stocks jumped in overnight trading. NuScale Power up 4%; Nano Nuclear up 2%; Oklo, Centrus up 1%. Dispensing equipment maker Nordson r...
Tiger News
an hour ago
Post-Bell | Nasdaq, S&P 500 End Lower. Intel Drops 7%; Micron Slides 4%; Palantir Sinks 1%; Figma up 7%; SBET, Bullish up 6%
The Nasdaq and S&P 500 fell on Wednesday as investors sold tech stocks and moved into less highly valued sectors, as they also awaited remarks from Federal Reserve officials at their Jackson Hole symposium this week.Market SnapshotThe S&P 500 lost 15.59 points, or 0.24%, to end at 6,395.78 points, w...
Tiger News
an hour ago
Elite Express Holding Inc. Announces Pricing Of $15.2 Million IPO At $4.00 Per Share
Aug 20 (Reuters) - Elite Express Holding Inc ETS.O:ELITE EXPRESS HOLDING INC. ANNOUNCES PRICING OF $15.2 MILLION INITIAL PUBLIC OFFERINGELITE EXPRESS HOLDING INC - PRICES IPO AT $4.00 PER SHARE
Reuters
2 hours ago
Zscaler: A Strong Contender in Cybersecurity or a Risky Investment?
Explore the exciting world of Zscaler (NASDAQ: ZS) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Jul. 23, 2025. The vide...
The Motley Fool
2 hours ago
Coty forecasts fall in quarterly sales, to raise premium fragrance prices
By Juveria Tabassum and Anuja Bharat Mistry Aug 20 (Reuters) - Coty COTY.N on Wednesday forecast a drop in current-quarter sales as weak spending in the U.S. sapped demand for beauty products, and said it would raise prices for its premium fragrances to mitigate tariff costs.The company's sha...
Reuters
3 hours ago
Why Investors Slammed the Brakes on Avis Stock Today
Key PointsOne auto rental company scored a sales deal with a top online retailer. That company wasn't Avis.Investors clearly felt it had been lapped by its traditional rival.10 stocks we like better than Avis Budget Group › Shares of Avis Budget Group (NASDAQ: CAR) coughed and sputtered like a stall...
The Motley Fool
3 hours ago
Coty Posts 8% Revenue Drop in Fiscal Q4
Key PointsCoty reported Q4 FY2025 revenue (GAAP) of $1,252.4 million, an 8% year-over-year decline, Revenue exceeded analyst forecasts by 3.67%, setting a “baseline reset.”Adjusted EPS turned negative at $(0.05), below the $0.01 analyst estimate and last year’s adjusted EPS of $(0.03), influenced by...
The Motley Fool
3 hours ago
Why Baidu Stock Wilted on Wednesday
Key PointsThe Chinese tech industry giant reported its second-quarter results that morning.It posted declines in both revenue and adjusted profitability.10 stocks we like better than Baidu › Veteran Chinese tech giant Baidu (NASDAQ: BIDU) looked rather tired to equity investors on Wednesday. They di...
The Motley Fool
3 hours ago
Sanfilippo EPS Jumps 34% in Fiscal Q4
Key PointsDiluted earnings per share (GAAP) jumped 33.7% in Q4 FY2025, even though revenue remained nearly flat year over year.Core consumer and branded sales volumes declined sharply in Q4 FY2025 (consumer distribution channel -11.5%, branded -19.7%), but this was partially offset by strength in co...
The Motley Fool
3 hours ago
Coty Revenue Tops in Fiscal Q4 Down 8%
Key PointsRevenue (GAAP) was $1,252.4 million, Revenue was $1,252.4 million, down 8% year over year but above analyst expectations.Non-GAAP EPS was $(0.05), which missed analyst consensus of $0.01 (non-GAAP).Free cash flow fell sharply to $34.9 million, compared to $116.7 million a year ago.These 10...
The Motley Fool
3 hours ago
Why Medtronic Stock Raced Higher Today
Key PointsInvestors traded out of the company the previous day following its latest earnings release.The stock came roaring back on Hump Day, however.10 stocks we like better than Medtronic › A clutch of post-earnings price target increases by analysts helped raise Medtronic's (NYSE: MDT) stock at a...
The Motley Fool
3 hours ago
Inflation Is Ticking Upwards. Should Opendoor Investors Be Worried?
Key PointsOpendoor Technologies has a challenging business model and, on top of that, has executed it poorly.Higher inflation may keep rates elevated, which would work against Opendoor.The company's CEO recently resigned, another flashing warning sign.10 stocks we like better than Opendoor Technolog...
The Motley Fool
3 hours ago
Nordson Posts 12% Revenue Jump in Q3
Key PointsRevenue (GAAP) rose 12.1% to $741.5 million in Q3 FY2025. This surpassed GAAP revenue estimates for Q3 FY2025 and marked growth across key segments.Non-GAAP earnings per share reached $2.73. This represented a 13% increase year-over-year.Management now expects full-year sales for FY2025 to...
The Motley Fool
3 hours ago
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