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RPT-BREAKINGVIEWS-Elliott opens new frontier with Japan nuclear bet
By Hudson LockettHONG KONG, Sept 11 (Reuters Breakingviews) - Nuclear power in Japan is, to put it lightly, a sensitive matter. So Elliott Management’s decision to take a stake in Kansai Electric Power 9503.T was always going to raise eyebrows—but that’s also what makes it compelling.The activist in...Reuters
Thu, Sep 11
Cryptocurrencies
Jack Dorsey’s Bitchat Becomes Lifeline For Nepalis In Protest Crisis
Tens of thousands of young Nepalis poured into Kathmandu’s streets this week after the government briefly blocked major social platforms, triggering anger over long-running corruption and elite privilege. According to reports, security forces fired on crowds, leaving at least 19 people dead and prom...Bitcoinist
Thu, Sep 11
Stocks
3 Reasons to Buy Target Stock Like There's No Tomorrow
Key PointsTarget's incoming CEO promises more differentiated offerings.Certain short-term factors hampering the retailer will pass.The stock trades at an attractive valuation and merits a closer look.10 stocks we like better than Target › Target (NYSE: TGT) has been in a challenging stretch. This is...The Motley Fool
Thu, Sep 11
Stocks
RPT-BREAKINGVIEWS-Oracle will test AI’s scale-begets-scale trade
By Robert CyranNEW YORK, Sept 10 (Reuters Breakingviews) - Long-standing corporate titans aren’t supposed to add over $200 billion to their market value in a single day. Yet 48-year-old Oracle ORCL.N has done just that. While today’s results, revealed in quarterly earnings released Wednesday, are ru...Reuters
Thu, Sep 11
Other
RPT-BREAKINGVIEWS-Sparser earnings would only worsen market myopia
By Stephen Gandel NEW YORK, Sept 10 (Reuters Breakingviews) - It’s often hard to make the case that less is more. An incipient stock-trading venue backed by a group of influential venture capitalists nevertheless argues that sparser financial disclosures would help capital markets. The Long-Term ...Reuters
Thu, Sep 11
Cryptocurrencies
Crypto Today: Bitcoin steadies above $114,000, Ethereum extends rally as XRP consolidates
Bitcoin (BTC) is trading above $114,000, underpinned by growing demand from both retail and institutional investors. On the other hand, Ethereum (ETH) is extending its recovery for the fifth consecutive day, hovering above $4,400, while Ripple (XRP) trades sideways around the $3.00 critical level.
Stocks
Hooker Furnishings plunge after Q2 sales drop, wider loss
** Shares of retailer Hooker Furnishings HOFT.O fall ~16% at $9.28 premarket** Company's on Thursday reports a 13.6% fall in net sales to $82.2 million** HOFT posts adjusted loss of 31 cents per share vs. loss of 19 cents per share a year ago** "These actions have been obscured by weak deman...Reuters
Thu, Sep 11
Stocks
Holley drops after top shareholder's stake sale priced
** Shares of auto parts maker Holley HLLY.N down 3% before the bell to $2.90 after secondary offering priced ** Bowling Green, Kentucky-based Holley late Weds announced sale of 14 mln shares by private equity firm Sentinel Capital Partners ** Offering price of $2.75...Reuters
Thu, Sep 11
Stocks
Pre-Bell｜U.S. Futures Rise; Tesla Gains 1%; Oracle and NIO Rally 2%; CoreWeave and Alibaba Jump 3%; Opendoor Soars 36%
U.S. stock futures rose on Thursday as investors preferred to stay on the sidelines ahead of crucial inflation numbers that are likely to influence the Federal Reserve's monetary policy path.Tiger News
Thu, Sep 11
Other
Scinai Immunotherapeutics Ltd Entered Into Standby Equity Purchase Agreement With Ya Ii Pn, Ltd - SEC Filing
Sept 11 (Reuters) - Scinai Immunotherapeutics Ltd 2F5y.F:SCINAI IMMUNOTHERAPEUTICS LTD: ENTERED INTO STANDBY EQUITY PURCHASE AGREEMENT WITH YA II PN, LTD - SEC FILINGSource text: [ID:n0001213900-25-086668]Further company coverage: [2F5y.F]Reuters
Thu, Sep 11
Forex
JPY is underperforming on political developments – Scotiabank
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Sep 11
Other
Fourteen foreign nationals among those pardoned by Belarus leader Lukashenko at Trump's request, Belta reports
MOSCOW, Sept 11 (Reuters) - Fourteen foreign citizens were among 52 prisoners pardoned by Belarusian President Alexander Lukashenko at the request of U.S. President Donald Trump, state news agency Belta said on Thursday.The 14 had been convicted of crimes including espionage, extremism, and terroris...Reuters
Thu, Sep 11
Stocks
Maze Therapeutics jumps on early data for kidney disease drug
** Shares of drug developer Maze Therapeutics MAZE.O rise 35% to $21.77 premarket** Company says its experimental oral drug, MZE782, showed strong results in an early-stage trial** The drug, which blocks a protein called SLC6A19, led to a sharp increase in the amounts of phenylalanine and glutamine ...Reuters
Thu, Sep 11
Other
Nepal's young protesters back former chief justice as interim head
Protesters call for dissolution of parliamentFormer Chief Justice Karki emerges as frontrunnerArmy still patrols Kathmandu streets after deadly unrestShops, schools closed; essential services slowly resumePresident assures he is working to resolve crisis soonBy Gopal Sharma, Aftab Ahmed and Sarita C...Reuters
Thu, Sep 11
Other
Belarus airline to get limited US sanctions relief, embassy says
VILNIUS, Sept 11 (Reuters) - Belarus national airline Belavia will be granted sanctions relief following the release of prisoners and constructive engagement, the U.S. embassy in Vilnius said on Thursday, citing Trump envoy John Coale."The limited relief package will allow Belavia to service and...Reuters
Thu, Sep 11
Stocks
Oracle Is Turning Into an AI Monster, but Risks Remain
Key PointsOracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity.Capital spending will have to explode as well, possibly putting pressure on the balance sheet.Oracle is being more aggressive than o...The Motley Fool
Thu, Sep 11
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