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Stocks
Here's How Having an Emergency Fund Could Save Your Retirement Nest Egg
Key PointsAn emergency fund could come to your rescue when unplanned bills strike or you lose your job.Having emergency savings isn't just about protecting your near-term finances.An emergency fund could be your ticket to preserving your nest egg. The $23,760 Social Security bonus most retirees comp...The Motley Fool
Wed, Jul 9
Other
Merck To Acquire Verona Pharma for $10 billion
July 9 (Reuters) - Verona Pharma PLC I9SAy.F:MERCK TO ACQUIRE VERONA PHARMA, EXPANDING ITS PORTFOLIO TO INCLUDE OHTUVAYRE® (ENSIFENTRINE), A FIRST-IN-CLASS COPD MAINTENANCE TREATMENT FOR ADULTS AND EXPECTED TO DRIVE GROWTH INTO THE NEXT DECADEVERONA PHARMA PLC - MERCK TO BUY VERONA PHARMA FOR $10 BI...Reuters
Wed, Jul 9
Stocks
Merck to acquire Verona Pharma for $10 billion
July 9 (Reuters) - Merck MRK.N will buy UK-based Verona Pharma VRNA.O for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm's presence in respiratory treatments as it readies for the patent expiry of its blockbuster cancer drug.Reuters
Wed, Jul 9
Other
BoE's Breeden calls for international debate on bank capital buffers
LONDON, July 9 (Reuters) - Bank of England Deputy Governor Sarah Breeden said on Wednesday that international finance regulators should have a debate over the best usage of banks' capital buffers based on the experience of the COVID-19 pandemic."One of the things that we learned through that...Reuters
Wed, Jul 9
Cryptocurrencies
Ethereum Bullish Signal: Whales Scoop Up 200,000 ETH
On-chain data shows the Ethereum whales have participated in some notable buying, a sign that could be bullish for the ETH price. Ethereum Whales Have Added To Their Holdings As explained by analyst Ali Martinez in a new post on X, the supply of the Ethereum whales has recently gone up. The on-chain...Bitcoinist
Wed, Jul 9
Stocks
Cirsa shares gain on market debut
** Shares in Spanish gambling company Cirsa CIRSA.MC rise 2.7% on their market debut compared to the IPO price** On Monday, BlackStone-owned BX.N Cirsa confirmed the share price of 15 euros in an oversubscribed IPO that valued the whole company at 2.52 billion euros ($2.95 billion)** The IPO is the ...Reuters
Wed, Jul 9
Stocks
Are You One of the 84% Who've Made Crypto Decisions Due to FOMO? Go Beyond the Fear of Missing Out and Build a Balanced Portfolio With These Tips.
Key PointsFOMO -- or fear of missing out -- is extremely common in cryptocurrency investing.Many people regret investment decisions based on emotion.Avoid FOMO by researching, sticking to your plan, and taking a beat before buying.These 10 stocks could mint the next wave of millionaires › A recent s...The Motley Fool
Wed, Jul 9
Stocks
Where Will Amazon Stock Be in 3 Years?
Key PointsAmazon's diversified business model allows it to benefit from many sides of the AI equation. AI could help turbocharge cost-cutting and efficiency efforts.10 stocks we like better than Amazon › Three years ago, OpenAI's ChatGPT hit the scene, spurring a new industry called generative artif...The Motley Fool
Wed, Jul 9
Stocks
Starbucks rises on CNBC report China business attracts bids for up to $10 billion valuation
** Shares of Starbucks SBUX.O up 1.3% at $96.18 premarket** Co's China business has attracted offers for a potential stake sale, valuing unit at up to $10 billion, CNBC reported on Wednesday** Report says Asia-based private equity firms Centurium Capital, Hillhouse Capital and U.S. peers Carlyle...Reuters
Wed, Jul 9
Stocks
Cogent Biosciences slips after upsized $200 mln equity offering
** Shares of Cogent Biosciences COGT.O down 2.1% to $9.57 on light premarket volume after overnight follow-on pirced ** Waltham, Massachusetts -based firm late Tues announced pricing ~22.2 mln shares at $9 for $200 mln gross proceeds ** Deal size boosted from $ 150 mln, priced ...Reuters
Wed, Jul 9
Stocks
Tesla's Political Risk Grows as Musk Launches "American Party" — But Analysts Say That's Not Its Biggest Problem
TradingKey - Tesla shares have taken a severe hit this week, plunging nearly 7% on Monday, July 7, and wiping more than $68 billion off the company’s market value in a single day.
TradingKey
Wed, Jul 9
Stocks
XRP vs. Bitcoin: Which Is the Better Buy Right Now?
Key PointsBitcoin is at a unique moment in its history, with widespread institutional adoption.XRP is building the scaffolding it needs to be favored by institutions as well.One of these assets is better for longer-term holding than the other is likely to be. 10 stocks we like better than XRP › Most...The Motley Fool
Wed, Jul 9
Forex
AUD/USD recovery stalls below 0.6545 as the market’s focus shifts to the Fed
The Australian Dollar is posting marginal losses on Wednesday, trading within Tuesday’s range, as the positive impact from the hawkish RBA statement wore off, and investors shift their focus to the release of the FOMC minutes.The risk-averse sentiment seen on previous days, following Trump's announc
Fxstreet
Wed, Jul 9
Stocks
CANADA STOCKS-TSX futures tick higher as investors await tariff updates
July 9 (Reuters) - Futures linked to Canada's main stock index edged higher on Wednesday with investors on the lookout for trade and tariff updates. Futures on Toronto's S&P/TSX index .SXFcv1 were up 0.1% by 06:03 a.m. ET (1003 GMT).U.S. President Donald Trump announced steep copper tar...Reuters
Wed, Jul 9
Forex
AUD/USD: Expected to consolidate in a range of 0.6495/0.6555 – UOB Group
Australian Dollar (AUD) is expected to consolidate in a range of 0.6495/0.6555 against US Dollar (USD). In the longer run, downward momentum is starting to build; AUD is likely to edge lower toward 0.6460, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 9
Stocks
MORNING BID AMERICAS-Investors' dilemma
By Alun John July 9 (Reuters) - A look at the day ahead in U.S. and global markets by Alun John, EMEA Finance and Markets breaking news reporter. Markets are processing tariff news again today, after U.S. President Donald Trump on Tuesday broadened his trade war, saying he would impose a 50% ...Reuters
Wed, Jul 9
Stocks
INDIA STOCKS-Indian equity benchmarks edge lower as Reliance, metals losses outpace consumer gains
By Vivek Kumar M and Bharath Rajeswaran July 9 (Reuters) - India's equity benchmarks inched lower on Wednesday as losses in Reliance Industries and metals overpowered gains in consumer stocks, while investors remained on the sidelines amid uncertainty over U.S. tariffs.The Nifty 50 .NSEI fell...Reuters
Wed, Jul 9
Other
EXCLUSIVE-Ambani's Reliance Jio delays India IPO, 2025 listing not on cards, sources say
Reliance was eyeing 2025 Jio listing to be India's biggest everFirm not planning listing this year, no banker appointed-sourcesOne source says retail unit IPO not likely before 2027 or 2028Ambani had said in 2019 he was targeting IPOs in five yearsBy Aditya Kalra and Scott Murdoch NEW DELHI/S...Reuters
Wed, Jul 9
Other
Ukraine's Zelenskiy to meet US envoy Kellogg in Italy, spokesperson says
July 9 (Reuters) - Ukrainian President Volodymyr Zelenskiy is due to meet U.S. President Donald Trump's Ukraine envoy, Keith Kellogg, during a visit this week to Rome, the Ukrainian leader's spokesperson said on Wednesday.Zelenskiy is travelling to Italy before a conference on July 10-11 ded...Reuters
Wed, Jul 9
Stocks
LIVE MARKETS-Europe braces for worst earnings in five quarters
STOXX 600 up 0.7%DAX hits new recordBanks, industrials lead gainersTrump makes new tariff threatsWall Street futures steadyWelcome 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.comEUROPE BRACE...Reuters
Wed, Jul 9
