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LIVE MARKETS-Precious metals' pull backs seen as an opportunity by WFII
Nasdaq up ~0.6%, S&P ~flat, Dow declines ~0.6%Healthcare weakest S&P sector; Tech, Comm Svcs gainEuro STOXX 600 index off ~0.4%Dollar rallies; gold edges lower; crude declines; bitcoin down >3%US 10-Year Treasury yield rises to ~4.48%Welcome to the home for real-time coverage of markets b...Reuters
Tue, Jul 15
Forex
Brazilian pulp giant Suzano sees no short-term impact from US tariff announcement
By Marcela Ayres BRASILIA, July 15 (Reuters) - Pulp maker Suzano SUZB3.SA has not seen any impact yet from the U.S. government's announcement that it would impose a 50% tariff on Brazilian goods, but is working on hedging strategies, an executive said on Tuesday.Brazil accounts for roughly 83...Reuters
Tue, Jul 15
Stocks
Why AMD Stock Is Surging Today
Key PointsAMD stock is soaring following news that Nvidia will receive licensing approval to sell its H20 processors in China. Export approvals for Nvidia's H20 suggest that AMD's own AI processors for the Chinese market could receive the necessary licenses. AMD's being able to sell advanced AI proc...The Motley Fool
Tue, Jul 15
Stocks
Why USA Rare Earth Stock Is Soaring Higher (Again) Today
Key PointsShares of rare-earth stock USA Rare Earth are climbing today despite the absence of news from the company.A newly announced partnership between MP Materials and Apple is likely partly responsible for the rise in USA Rare Earth stock today.USA Rare Earth is developing a rare-earth magnet pr...The Motley Fool
Tue, Jul 15
Other
Oxxo And Mercado Pago Announce Agreement For Mercado Pago Clients To Withdraw Cash From Oxxo Stores
July 15 (Reuters) - Fomento Economico Mexicano SAB de CV FEMSAUBD.MX:FEMSA'S OXXO AND MERCADOLIBRE'S FINTECH ARM MERCADO PAGO ANNOUNCE AGREEMENT FOR MERCADO PAGO CLIENTS TO WITHDRAW CASH FROM OXXO STORES - FEMSA STATEMENTSource text: [ID: Here]Reuters
Tue, Jul 15
Economic Indicator
Back-to-school spending expected to ease on tariff uncertainty, inflation, NRF data shows
July 15 (Reuters) - U.S. consumers could be more constrained in their back-to-school spending this year, with tariffs and inflation weighing on budgets, opting for more deals on electronics and apparel to stock up, data from a trade body showed on Tuesday.WHY IT'S IMPORTANTConsumer spending fell...Reuters
Tue, Jul 15
Commodities
FTC denies petition to reopen, set aside Exxon-Pioneer order
July 15 (Reuters) - The Federal Trade Commission denied a request by Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, to reopen and set aside a final consent order involving ExxonMobil's XOM.N acquisition of Pioneer, the commission said on Tuesday.The commission ruled to...Reuters
Tue, Jul 15
Commodities
CORRECTED-US nuclear regulator asks job seekers political questions
Independent agency posting asks about upholding Executive OrdersCritics say questions amount to litmus testTrump seeks to speed nuclear power plant approvalsBy Timothy Gardner WASHINGTON, July 14 (Reuters) - A job notice posted by the U.S. nuclear power regulator asks applicants political questio...Reuters
Tue, Jul 15
Other
Wells Fargo CEO Says We Now Have The Flexibility To Proactively Grow Deposits And To Allocate Capital To Grow Loans And Corporate Investment Bank
July 15 (Reuters) - Wells Fargo & Co WFC.N:WELLS FARGO CEO SAYS WITH ASSET CAP LIFTED WE CAN SPEND MORE TIME FOCUSING ON GROWTH AND THE FUTUREWELLS FARGO CEO SAYS WE NOW HAVE THE FLEXIBILITY TO PROACTIVELY GROW DEPOSITS AND TO ALLOCATE CAPITAL TO GROW LOANS AND CORPORATE INVESTMENT BANK: CONF CA...Reuters
Tue, Jul 15
Stocks
BlackRock falls after reporting lower long-term net inflows
** Shares of asset manager BlackRock BLK.N fall 6.7% to $1.036.66 ** The world's largest asset manager reported lower long-term net inflows for the second quarter ** Long-term net inflows fell 9.8% from a year ago, impacted by $52 billion withdrawal ** Assets under management rose to re...Reuters
Tue, Jul 15
Stocks
Why Shares of Wells Fargo Are Sinking Today
Key PointsWells Fargo reported its second-quarter earnings this morning.The bank beat earnings and revenue estimates.However, management also lowered full-year guidance for net interest income.10 stocks we like better than Wells Fargo › Shares of Wells Fargo (NYSE: WFC) are trading roughly 5.5% lowe...The Motley Fool
Tue, Jul 15
Stocks
Joby to double production at California plant, shares rise
** Shares of air taxi maker Joby Aviation JOBY.N up 7.8% at $13.6 in morning trade** Co says it will double production at California manufacturing facility** Says it also expanded its flight test program with addition of a new aircraft to its fleet** Median PT of 9 brokerages covering JOBY is $9 - L...Reuters
Tue, Jul 15
Stocks
American Battery gains on deal with US national laboratory for lithium tech
** Shares of critical mineral company American Battery Technology ABAT.O rise ~7% to $1.75 ** Awarded $1 million agreement by the U.S. Department of Energy's Argonne National Laboratory ReCell Center (Argonne) to advance lithium manufacturing technologies** Part of efforts to advance domesticall...Reuters
Tue, Jul 15
Other
UK's BAE Systems confident on winning new Typhoon orders
Warton, ENGLAND, July 15 (Reuters) - British defence company BAE Systems BAES.L is confident on winning new orders for Typhoon military jets from countries such as Qatar, Saudi Arabia and Turkey, its European air sector boss told reporters on Tuesday."We're working with the UK government on ...Reuters
Tue, Jul 15
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