News
Important Only
South African rand slips as investors focus on Fed symposium
JOHANNESBURG, Aug 21 (Reuters) - The South African rand weakened in early trade on Thursday, as investors looked forward to the U.S. Federal Reserve's annual Jackson Hole symposium for clarity on the economic outlook and policy direction.At 0720 GMT the rand traded at 17.7425 against the dollar ...Reuters
5 minutes ago
Databricks Joins the $100 Billion Unicorn Club, Ranking Fifth Globally — Investors Now Demand IPO Clarity
TradingKey - Following the explosive IPO of Figma, capital markets are scrambling to find the next breakout tech company still in private hands. Databricks, the AI-powered data analytics firm, has emerged as a top contender after a new funding round pushed its valuation past $100 billion, turning
TradingKey
19 minutes ago
James Hardie's Australia shares post biggest two-day drop on weak forecast
Aug 21 (Reuters) - James Hardie's Australia-listed shares JHX.AX fell more than 9% on Thursday to post their biggest two-session drop on record, after the fibre cement maker forecast 2026 earnings below analyst expectations, citing a weak North America market.The stock has declined nearly 35% ov...Reuters
24 minutes ago
Meet Billionaire Bill Ackman's "Magnificent" New Addition to Pershing Square's $13.7 Billion Investment Portfolio
Key PointsQuarterly-filed Form 13Fs clue investors into which stocks, industries, sectors, and trends are piquing the interest of Wall Street's greatest asset managers.A widely owned member of the "Magnificent Seven" is activist investor Bill Ackman's prized new holding.The ancillary operations of P...The Motley Fool
26 minutes ago
Japan's Nikkei down for third straight session as tech shares fall
By Junko FujitaTOKYO, Aug 21 (Reuters) - Japan's Nikkei share average fell for a third session on Thursday as investors sold stocks to book profits from a recent rally, with technology stocks tracking U.S. peers lower.The Nikkei .N225 slipped 0.65% to close at 42,610.17. The index has lost 2.5% ...Reuters
30 minutes ago
Does Billionaire David Tepper Know Something Wall Street Doesn't? He Sold 100% of Appaloosa's Broadcom Stock and Piled Into This High-Profile Artificial Intelligence (AI) Chipmaker Instead
Key PointsIn the second quarter, Appaloosa dumped 100% of its Broadcom stake, even after robust results and corresponding stock price gains.Despite holding dozens of stocks, Nvidia is now Tepper's seventh largest stock holding.Tepper has been known to pounce when an opportunity presents itself, whic...The Motley Fool
30 minutes ago
LIVE MARKETS-Futures mixed ahead of Jackson Hole
Welcome 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.FUTURES MIXED AHEAD OF JACKSON HOLEEuropean stock futures were mixed as traders waited for the Federal Reserve's annual three-day ...Reuters
37 minutes ago
Orion Breweries Plans To List Shares On Sept 25, Filing Shows
Aug 21 (Reuters) - Nomura Holdings Inc 8604.T:CARLYLE-BACKED ORION BREWERIES ANNOUNCES INITIAL PUBLIC OFFERING OF SHARES, REGULATORY FILING SHOWSORION BREWERIES PLANS TO LIST SHARES ON SEPT 25, FILING SHOWSORION BREWERIES EXPECTS TO SET SHARE OFFERING AT 770 YEN PER SHARE, FILING SHOWSORION EXPECTS ...Reuters
51 minutes ago
UK Stocks-Factors to watch on August 21
Aug 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.06%.* UNITED UTILITIES: United Utilities UU.L on Thursday signed an agreement to refurbish the Haweswater aqueduct, a key pipeline supplying water from Cumbria to 2.5 million customers i...Reuters
53 minutes ago
Trade War Sparks “Stockpiling Surge”? Analog Devices Posts Blowout Earnings — Is the Semiconductor Spring Here?
TradingKey - Chipmaker Analog Devices (ADI.US) reported its third-quarter 2025 financial results on Wednesday, delivering both revenue and earnings that surpassed market expectations. Fueled by strong demand in the industrial sector
TradingKey
an hour ago
Target Stock Plummets 11% on Leadership Shakeup
TradingKey - Target Corporation announced Michael Fiddelke, a 20-year veteran, will succeed Brian Cornell as CEO. Despite the retailer’s Q2 results exceeding expectations with revenue and same-store sales showing signs of recovery, the stock plummeted following the leadership change announcement...
TradingKey
an hour ago
PRECIOUS-Gold little changed as investors await Powell's remarks at Jackson Hole
Fed's Jackson Hole symposium in Wyoming begins todayTrump calls on Fed Governor Cook to resign over mortgage allegationsFed minutes show 'almost all' officials preferred leaving rates unchangedBy Anmol Choubey Aug 21 (Reuters) - Gold was little changed on Thursday as investors awaited...Reuters
an hour ago
LIVE MARKETS-Jackson Hole to open under Trump's shadow
Welcome 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.JACKSON HOLE TO OPEN UNDER TRUMP'S SHADOW The Federal Reserve has the full attention of global markets, not least because the U....Reuters
an hour ago
GLOBAL MARKETS-Dollar drifts, Asian stocks mixed as markets brace for Jackson Hole
Fed symposium starts Thursday with focus on Powell's speech FridayTraders hungry for hints on whether Fed will cut rates in SeptemberTrump raises pressure on Fed with demand for Governor Cook to resignBy Kevin Buckland TOKYO, Aug 21 (Reuters) - The U.S. dollar hovered below a one-week high on...Reuters
an hour ago
James Hardie's Australia shares stare at biggest two-day drop on weak forecast
Aug 21 (Reuters) - James Hardie's Australia-listed shares JHX.AX fell more than 11% on Thursday and were headed for their biggest two-day drop on record after the fibre cement maker forecast 2026 earnings below analyst expectations citing a weak North America market. The stock has now declined 3...Reuters
2 hours ago
Laopu Gold Sinks 7.5% Despite Strong Results, Profit Taking Weighs
On August 21, Laopu Gold saw its stock price plunge 7.48% midday, garnering market attention. The previous day, the company released an impressive 2025 interim earnings report, showing substantial growth in both revenue and profit. Analysts believe that despite the company's strong fundamentals, theTiger News
2 hours ago
India's Prince Pipes surges after brokerage points to tailwinds ahead
** Shares of Prince Pipes and Fittings PRCE.NS climb 5.5% to 346.5 rupees; their highest level in over a month ** Motilal Oswal analysts say domestic pipes sector is at the cusp of recovery, citing a gradual uptick in prices after an anti-dumping duty on PVC pipes imports and improved demand ** Expe...Reuters
2 hours ago
UK Stocks-Factors to watch on August 21
Aug 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.05%.* BP: BP's BP.L 440,000-bpd refinery in Whiting, Indiana, was in the process of restarting after flooding disrupted its operations earlier this week, industry monitor IIR said on...Reuters
2 hours ago
Crypto Daily | Fed Discusses Stablecoins Extensively; Fed Governor Says “Nothing Scary“ About Crypto
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsFed Discusses Stablecoins Extensively in Recent FOMC Meeting Following GENIUS Act PassageFederal Reserve officials focused significantly on stablecoins during their...Tiger News
2 hours ago
Dell Technologies launches AI Innovation Hub to drive AI transformation, enablement and leadership in Singapore and the region
SINGAPORE, Aug. 21, 2025 /PRNewswire/ -- Dell Technologies (NYSE: DELL), the world's No. 1 provider of AI infrastructure in 20241, announces the launch of its new Asia Pacific & Japan (APJ) AI Innovation Hub in Singapore, at the Dell Technologies Forum. (From left) Mei May Soo, Chief AI ...PR Newswire
2 hours ago
