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Stocks
Got $5,000? 3 Top Growth Stocks to Buy That Could Double Your Money
Key PointsAsana is seeing rapid adoption of its work management platform and is now generating positive free cash flow.Roku provides devices and software for users to access streaming services and is seeing growing demand.Alphabet is tapping into the AI wave while building up its Google Cloud busine...
The Motley Fool
Thu, Jul 17
Other
Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%
OverviewOFG Bancorp Q2 EPS rises to $1.15, up 6.5% year-over-yearTotal core revenues grow 1.5% year-over-year to $182.2 mlnCo repurchased 186,024 shares, indicating strategic financial managementOutlookOFG Bancorp emphasizes digital strategy and customer experience investmentsResult DriversLOAN ORIG...
Reuters
Thu, Jul 17
Stocks
Abbott falls after Q3 profit forecast below estimates
** Shares of medical device maker Abbott Laboratories ABT.N fall 3.5% to $127.20 premarket** Abbott forecasts Q3 adj profit between $1.28 and $1.32 per share vs analysts' average estimate of $1.34 per share, according to data compiled by LSEG** Company posts Q2 profit of $1.26 per share compared...
Reuters
Thu, Jul 17
Other
Webster Financial beats Q2 revenue estimates
OverviewWebster Financial Q2 revenue of $715.8 mln beats analyst expectations, per LSEG dataNet income applicable to common stockholders rose to $251.7 mln from $175.5 mlnProvision for credit losses decreased to $46.5 mln from $77.5 mln last qtrOutlookCompany maintains strong operating position, inv...
Reuters
Thu, Jul 17
Commodities
Gold Price Forecast: XAU/USD approaches weekly lows at $3,320
Gold (XAU/USD) is trading lower on Thursday, weighed by a stronger US Dollar, with risk appetite subdued amid ongoing uncertainty about global trade and rumours about the resignation of the Fed Chair Jerome Powell.The precious metal retreats from Monday’s highs at $3,375, but price action remains co
Gold
Fxstreet
Thu, Jul 17
Other
Inszone continues acquisition spree with Oklahoma-based Stephenson
By Navneeta NandanJuly 17 - (The Insurer) - California-based Inszone Insurance Services has expanded its presence in Oklahoma with the acquisition of Stephenson, Baggs & Guthrie, the insurance broker said on Wednesday.Terms of the deal have not been disclosed.Stephenson specialises in commercial...
Reuters
Thu, Jul 17
Other
ManpowerGroup's Q2 profit beats as demand in Europe sees stabilizing trends
OverviewManpowerGroup Q2 revenue flat at $4.5 bln, beating analyst expectations, per LSEG dataAdjusted EPS for Q2 beats analyst estimates, per LSEG dataRecruitment company sees mixed demand globally, with stabilization in US and parts of EuropeOutlookManpowerGroup anticipates Q3 diluted EPS between ...
Reuters
Thu, Jul 17
Other
Street View: Johnson & Johnson's strength in product pipeline to drive growth
** Johnson & Johnson JNJ.N halved its expectations for costs this year related to new tariffs and raised full-year sales and profit forecast on Wednesday after a strong quarter for its flagship cancer drug Darzalex and cardiovascular devicesINNOVATIVE MEDICINES SEGMENT TO LEAD GAINS** J.P.Morgan...
Reuters
Thu, Jul 17
Stocks
Trade Desk rises after Wedbush hikes PT
** Shares of ad tech firm Trade Desk TTD.O rise 1.4% to $82.25 premarket ** Wedbush raises PT on stock to $90 from $86, representing an ~11% upside to stock's last close** Brokerage sees upside for TTD due to sustained momentum in connected TV ad demand ** Wedbush expects Q2 revenue to grow 17.5...
Reuters
Thu, Jul 17
Stocks
US STOCKS-Wall Street futures muted as TSMC results fail to lift cautious mood
July 17 (Reuters) - U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.
Reuters
Thu, Jul 17
Other
Abbott beats quarterly profit estimates on medical devices demand
July 17 (Reuters) - Abbott ABT.N beat Wall Street estimates for quarterly profit on Thursday, driven by strong demand for its medical devices including continuous glucose monitors.
Abbott Laboratories
Reuters
Thu, Jul 17
Stocks
GE Aerospace rises after raising full-year profit forecast
GE Aerospace GE.N shares rise 3.4% to $275.11 after Q1 results. Co raises its full-year operating profit and adjusted EPS forecast
General Electric Co
Reuters
Thu, Jul 17
Forex
USD/JPY trades firmly around 148.70 ahead of Japan’s elections
The USD/JPY pair gains over 0.5% to near 148.70 on Thursday. The pair trades firmly as the US Dollar (USD) demonstrates strength, following United States (US) President Donald Trump refuted to reports stating the dismissal of Federal Reserve (Fed) Chair Jerome Powell soon.
USD/JPY
Fxstreet
Thu, Jul 17
Stocks
Trump Jr.-backed GrabAGun recovers slightly after sharp NYSE debut drop
July 17 (Reuters) - Donald Trump Jr.-backed GrabAGun's PEW.N shares inched up 2% in premarket trading on Thursday, recovering slightly after tumbling 24% in their New York Stock Exchange debut following a blank-check merger.
Reuters
Thu, Jul 17
Cryptocurrencies
Cardano Price Forecast: ADA eyes further gains amid rising Open Interest, bullish bets
Cardano (ADA) ticks higher by over 7% at press time on Thursday, reclaiming the $0.80 mark and hitting a new over one-month high. Both the increasing bullish bets on Cardano and the ADA Open Interest crossing $1.40 billion reflect the upbeat sentiment among derivative traders.
Cardano
Fxstreet
Thu, Jul 17
Other
Gallagher names Cheek area president for Southern California
By Navneeta NandanJuly 17 - (The Insurer) - Gallagher has promoted Lauren Witthohn Cheek to area president for Southern California, the broker's executive director for practice group strategies Eric Taylor announced in a LinkedIn post on Wednesday.In her new role, Cheek will lead the Southern Ca...
Reuters
Thu, Jul 17
Stocks
Black Rifle Coffee slides after deep-discounted $35 mln stock offering
** Shares of BRC Inc BRCC.N, known as Black Rifle Coffee Company, down 6.6% premarket to $1.41 after follow-on priced** Veteran-founded coffee seller announced 28 mln shares at $1.25 for $35 mln gross proceeds** Offering price is 17.2% discount to stock's last close** Co plans to use net proceed...
Reuters
Thu, Jul 17
Other
Nuwellis Announces Termination Of REVERSE-HF Clinical Trial To Focus On Strategic Growth In Outpatient Heart Failure Care
July 17 (Reuters) - Nuwellis Inc NUWE.O:NUWELLIS ANNOUNCES TERMINATION OF REVERSE-HF CLINICAL TRIAL TO FOCUS ON STRATEGIC GROWTH IN OUTPATIENT HEART FAILURE CARENUWELLIS INC - TERMINATION NOT RELATED TO DEVICE PERFORMANCE OR SAFETYNUWELLIS INC - ANTICIPATES $4.0M SAVINGS OVER 2.5 YEARS
Reuters
Thu, Jul 17
Forex
EUR weak despite as-expected CPI – Scotiabank
The Euro (EUR) is weak, down 0.5% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
EUR/USD
Fxstreet
Thu, Jul 17
Other
Pope says deeply saddened for victims of Gaza Catholic church strike
VATICAN CITY, July 17 (Reuters) - Pope Leo expressed his sadness on Thursday over the deaths of two people following an apparent Israeli strike on Gaza's sole Catholic Church, and reiterated his hope for dialogue and a ceasefire.In a telegram for the victims signed by Cardinal Pietro Parolin, t...
Reuters
Thu, Jul 17
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