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RPT-BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth
By Sebastian Pellejero NEW YORK, April 1 (Reuters Breakingviews) - Elon Musk is preparing to recalibrate the appeal of audacity. The billionaire's SpaceX rocket company, which he recently combined with his artificial intelligence venture xAI, may seek to raise as much as $75 billion in what ...
Reuters
2 minutes ago
Citigroup raises PT on key US energy companies
Citigroup raises price target on U.S. energy companies, citing a longer-term return of investor interest in oil and gasBrokerage says the energy sector still dominates global energy demand, while renewables remain a small shareEnergy stocks outperformed oil prices and the broader market, showing inv...
Reuters
7 minutes ago
Stifel raises J.B. Hunt's PT on intermodal growth
Stifel raises price target on U.S. trucking firm J.B. Hunt Transport Services JBHT.O to $205 from $201; reiterates "hold" ratingNew PT still represents a 4% downside to stock's last closeBrokerage says "intermodal and dedicated services" remain key drivers of the company’s result...
Reuters
8 minutes ago
Skye Bioscience rises as it begins testing higher doses of obesity drug
Shares of biotech firm Skye Bioscience SKYE.O rise 1.2% to $0.67 premarketCo says it has begun testing higher doses of its experimental obesity drug, nimacimab, in a new expansion study Adds the study will test 400 mg and 600 mg intravenous doses over 16 weeks to check safety and how the drug moves ...
Reuters
16 minutes ago
Context Therapeutics rises as FDA grants fast-track status to ovarian cancer drug
Shares of Context Therapeutics CNTX.O rise 9% to $2.89 premarketDrug developer says U.S. FDA granted fast-track designation to its experimental drug, CTIM-76, for a hard-to-treat ovarian cancer that no longer responds to chemotherapyCTIM-76 targets platinum-resistant ovarian cancer, meaning the dise...
Reuters
18 minutes ago
U.S. STOCKS ON THE MOVE-Globalstar, Wingstop, US energy stocks
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8April 2 (Reuters) - Futures tracking Wall Street's main indexes fell on Thursday in the last session of a holiday-truncated week after President Donald Trump signaled more aggressive att...
Reuters
25 minutes ago
Lindsay falls after Q2 revenue miss
Irrigation and infrastructure company Lindsay Corp LNN.N shares dip 5.7% to $110.50 pre-market The firm reports Q2 revenue of $157.70 mln, below consensus of $171.39 mln according to data compiled by LSEG"U.S. market conditions continue to put pressure on commodity prices and constrain demand fo...
Reuters
28 minutes ago
Celldex Therapeutics slips on $300 mln share sale
Celldex Therapeutics' CLDX.O shares down 3.6% in premarket trading to $30.15 after $300 mln overnight follow-on pricedHampton, New Jersey-based biotech late Weds sold ~10.3 mln shares at $29, a 7.2% discount to last saleCLDX intends to use net offering proceeds to fund commercial readiness activ...
Reuters
35 minutes ago
US STOCKS-Wall St futures tumble as Trump signals more Iran strikes
Futures off: Dow 1.07%, S&P 500 1.24%, Nasdaq 1.6%Indexes set for biggest weekly jump in four monthsGlobalstar jumps after report Amazon in buyout talksBy Johann M Cherian and Purvi Agarwal April 2 (Reuters) - Futures tracking Wall Street's main indexes fell on Thursday in the last sessio...
Reuters
58 minutes ago
LIVE MARKETS-Morgan Stanley flags buying case for EU defence
STOXX 600 down 1%Trump pours cold water on imminent end to Iran warOil prices surgeWall Street futures lowerWelcome 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 MORGAN STANLEY FL...
Reuters
an hour ago
Trump's fresh Iran threats give investors a risk-off reality check
Oil prices surge after Trump's comments on Iran conflictAnalysts warn of stagflation risks as prolonged war disrupts energy supplyInvestors shift to safe-haven assets, dollar strengthens amid market volatilityBy Ankur Banerjee and Gregor Stuart Hunter April 2 (Reuters) - U.S. President Donald...
Reuters
an hour ago
UK stocks fall as optimism over quick Middle East ceasefire fades
April 2 (Reuters) - London's main indexes fell on Thursday, snapping three straight days of gains, as market sentiment weakened after U.S. President Donald Trump vowed more aggressive strikes on Iran.Trump had earlier signalled he wanted a quick end to the war, raising hopes of de-escalation, bu...
Reuters
an hour ago
Goldman Sachs Completes Acquisition Of Innovator Capital Management
April 2 (Reuters) - Goldman Sachs Group Inc GS.N:GOLDMAN SACHS COMPLETES ACQUISITION OF INNOVATOR CAPITAL MANAGEMENT
Reuters
an hour ago
MORNING BID AMERICAS-No Easter truce
By Mike Dolan April 2 - What matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsMarket hopes that President Trump might signal an immediate end to the Iran conflict were dashed overnight after his prime-time address talked of another two to three weeks of ...
Reuters
an hour ago
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90 billion
April 2 (Reuters) - Goldman Sachs GS.N said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank's presence in the fast-growing active ETF segment.Active ETFs are among the fastest-growing areas of asset...
Reuters
an hour ago
INDIA STOCKS-Indian shares edge up on rupee rally, but war worries drag weekly performance
By Bharath Rajeswaran and Vivek Kumar M April 2 (Reuters) - Indian shares recovered the day's losses on Thursday on a rupee surge after central bank action, but fading hopes of a swift end to the Iran war stretched the losing streak to a sixth week.The Nifty 50 .NSEI closed 0.15% higher at 22...
Reuters
an hour ago
Baker Hughes-backed HMH climbs one day after Nasdaq debut
Shares of drilling equipment provider HMH Holding HMH.O up 1% at $19.47 premarket a day after Nasdaq debutStock down 5.5% on debut on Wednesday, opening at $18.90 versus an IPO price of $20HMH raised $210.4 mln by selling 10.5 mln shares within its marketed range of $19 to $22HMH was formed in 2021 ...
Reuters
2 hours ago
Stellantis rises after positive data on new car registrations in Italy, US
Milan-listed shares in Stellantis STLAM.MI rise as much as 3.9% after data showed on Wednesday new car registrations went up both in the U.S. and in Italy last monthThe automaker's rise is driven by Stellantis' new car registrations in March, above market average both in Italy and in the Uni...
Reuters
2 hours ago
AngioDynamics Q3 revenue beats estimates on Med Tech strength, raises outlook
OverviewUS medical device maker's fiscal Q3 revenue rose 8.9%, beating analyst expectationsAdjusted EPS loss for fiscal Q3 narrowed and beat analyst expectationsCompany raised full-year guidance for net sales and adjusted EBITDAOutlookAngioDynamics raises FY 2026 net sales guidance to $313.5-$31...
Reuters
2 hours ago
LIVE MARKETS-UBS warns of further upside risks for energy
STOXX 600 down 1%Trump pours cold water on imminent end to Iran warOil prices surgeWall Street futures lowerWelcome 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 UBS WARNS OF FURTHER U...
Reuters
2 hours ago
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