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PREVIEW: Workday slips ahead of qtrly results
** Workday WDAY.O shares slipping 0.3% on Thurs ahead of qtrly results after the bell, with investors watching for signs of acceleration in subscription rev after last qtr's cautious outlook** Analysts expect qtrly rev up 12% to $2.34 bln, adj EPS seen at $2.11 vs $1.75 yr-ago, per LSEG** The hu...Reuters
12 minutes ago
The SEC Just Announced Delays for an XRP ETF And Spot XRP Funds
Key PointsThe SEC has moved decision deadlines for several spot XRP ETF filings from mid-August to October.These are deadline extensions, not approvals or denials.Much of the ETF-related upside is already priced into XRP, so an approval-day pop is unlikely to be dramatic.10 stocks we like better tha...The Motley Fool
32 minutes ago
US STOCKS-Jackson Hole jitters, Walmart drive Wall Street lower
Indexes off: Dow 0.34%, S&P 500 0.35%, Nasdaq 0.35%Walmart slides after missing quarterly profit expectations US weekly jobless claims rise to highest since JuneCoty plunges on weak U.S. spending forecastBy Johann M Cherian, Sanchayaita Roy and Carolina Mandl Aug 21 (Reuters) - Wall Street&#...Reuters
37 minutes ago
Why Coty Stock Is Plummeting Today
Key PointsCoty beat Wall Street's sales target in fiscal Q4, but the business posted an unexpected loss. Margin pressures have investors worried about the company's earnings outlook. Coty is guiding for another substantial sales decline in the current quarter, and the margins picture is concerning. ...The Motley Fool
41 minutes ago
PREVIEW-Investors see risks for market as Powell walks tightrope at Jackson Hole
Powell to walk tightrope between inflation, softening job marketThin August market liquidity could exacerbate volatilityPushback against imminent easing seen as biggest market riskBy Davide Barbuscia NEW YORK, Aug 21 (Reuters) - Investors are bracing for volatility as Federal Reserve Chair Jerome...Reuters
54 minutes ago
Why Opendoor Technologies Stock Is Skyrocketing Today
Key PointsOpendoor stock is gaining ground following better-than-expected July home sales data. The real estate specialist's share price may also be climbing thanks to recent comments from an investing podcast host. Opendoor's incredible rally has seemingly been aided by meme stock trading, but that...The Motley Fool
55 minutes ago
2 Artificial Intelligence (AI) Powered Cybersecurity Stocks to Buy Now and 1 to Sell
Key PointsThe cybersecurity industry is consolidating as customers look for one-stop shops.These companies all benefit from scale, giving them more customer data to feed their AI models.One stock trades for a valuation that's much higher than its peers.10 stocks we like better than CrowdStrike › As ...The Motley Fool
58 minutes ago
PRECIOUS-Gold slips as dollar firms ahead of Powell's Jackson Hole speech
US dollar down 0.4% US weekly jobless claims rise to highest since JuneTraders pricing in 79% chance of a quarter-point rate cut by SeptemberBy Noel John Aug 21 (Reuters) - Gold prices edged lower on Thursday as the dollar strengthened, while investors awaited U.S. Federal Reserve Chair Jerom...Reuters
58 minutes ago
U.S. STOCKS ON THE MOVE-Energy Fuels, Dynavax Technologies, Oklo
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart&#...Reuters
an hour ago
US FDA approves Ionis' drug for rare genetic disorder
By Sneha S K and Bageshri BanerjeeAug 21 (Reuters) - The U.S. Food and Drug Administration on Thursday approved Ionis Pharmaceuticals' IONS.O drug to prevent instances of severe swelling in various parts of the body of patients with a rare genetic disorder.Shares of the company were up 1.1% in ...Reuters
an hour ago
US FDA approves Ionis' drug for rare genetic disorder
By Sneha S K and Bageshri BanerjeeAug 21 (Reuters) - The U.S. Food and Drug Administration on Thursday approved Ionis Pharmaceuticals' IONS.O drug to prevent instances of severe swelling in various parts of the body of patients with a rare genetic disorder.Shares of the company were up 1.1% in ...Reuters
an hour ago
LIVE MARKETS-Fed's Powell to speak, but does it really matter?
US stock indexes fall; Nasdaq off the most ~0.5%Consumer staples weakest S&P sector; Energy leads gainersUS jobless claims rise to highest since JuneSTOXX 600 ends flatDollar, crude up; bitcoin down >1.5%, gold dipsUS 10-year Treasury yield up ~4.34%Welcome to the home for real-time coverage ...Reuters
2 hours ago
Hovnanian Enterprises falls on bleak quarterly profit
Aug 21 (Reuters) - ** Shares of U.S. homebuilder Hovnanian Enterprises HOV.N fall about 12.57% to $130.22** Company reports Q3 EPS of $1.99, compared to $9.75 in the year-ago period** Q3 profit falls 79.6% due to affordability challenges weighing on buyer activity as home prices remain high** "U...Reuters
2 hours ago
Dynavax's shingles vaccine shows similar immune response to GSK's shot in study
By Mariam SunnyAug 21 (Reuters) - Dynavax Technologies DVAX.O said on Thursday its experimental shingles vaccine generated a similar immune response as GSK's GSK.L blockbuster shot Shingrix, while showing a better safety profile, in an early-to-mid-stage study.Shares of Dynavax rose over 7% to $...Reuters
2 hours ago
Tenable appoints new CFO, shares slide
** Shares of cybersecurity company Tenable Holdings Inc TENB.O fall 1.15% to $30.04** Co appoints Matthew Brown as chief financial officer, effective immediately** Brown joins from Altair Engineering, where he served as the CFO** Brown succeeds Steve Vintz, who was recently appointed as co-CEO along...Reuters
2 hours ago
LIVE MARKETS-Short sellers count millions in profits on Palantir's recent slide
US stock indexes fall; Nasdaq off the most ~0.4%Consumer staples weakest S&P sector; Energy leads gainersUS jobless claims rise to highest since JuneSTOXX 600 little changedDollar, crude up; bitcoin down >1%, gold dipsUS 10-year Treasury yield up ~4.34%Welcome to the home for real-time covera...Reuters
2 hours ago
Why USA Rare Earth Stock Stock Crashed This Week
Key PointsUSA Rare Earth stock returned the gains it secured last week.News out of China is just one of the recent news developments that has investors scared.Since nothing has materially changed for USA Rare Earth, current shareholders should try to ride out the current volatility.10 stocks we like...The Motley Fool
2 hours ago
South African rand slips as investors focus on Fed symposium
JOHANNESBURG, Aug 21 (Reuters) - The South African rand weakened on Thursday, as investors looked to the U.S. Federal Reserve's annual Jackson Hole symposium for clarity on the economic outlook and policy direction.At 1601 GMT the rand traded at 17.7550 against the dollar ZAR=D3, 0.5% weaker tha...Reuters
3 hours ago
OSI Systems Inc reports results for the quarter ended June 30 - Earnings Summary
OSI Systems Inc OSIS.OQ reported quarterly adjusted earnings of $3.24 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.84. The mean expectation of six analysts for the quarter was for earnings of $3.19 per share. Wall Street expe...Reuters
3 hours ago
