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AMD Shares Surge Over 4% as Citi and HSBC Raise Targets
TradingKey - On Thursday, AMD’s stock surged over 4%, rising as high as 5% intraday before closing at $144.22. Citi analyst Christopher Danely raised AMD’s price target from $120 to $145, citing a gradual recovery in semiconductor orders, strong end-market demand, and a restocking trend among...
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Fri, Jul 11
Stocks
S&P 7000 in Sight? Bullish Analyst Fuels "Secular Bull Market" Narrative
TradingKey - Mary Ann Bartels, a seasoned strategist known as the "Wall Street Oracle," has released her mid-year outlook report, making an optimistic forecast for the long-term trajectory of U.S. stocks. She indicated that, barring any significant disruptions, the S&P 500 could rise to 7,000 pointsTradingKey
Fri, Jul 11
Forex
EMERGING MARKETS-FX set for first weekly loss in six as Trump tariffs dominate
Trump puts 35% tariff on Canada, EU tariff rate awaitedRomanian inflation rises above expectations in JuneSouth Africa's rand set for biggest weekly loss since MarchMSCI EM FX flat, stocks off 0.1%By Ragini Mathur and Purvi Agarwal July 11 (Reuters) - Most emerging market currencies inched lo...Reuters
Fri, Jul 11
Stocks
US STOCKS-Trump's tariff barrage knocks Wall St futures lower
Futures down: Dow 0.53%, S&P 500 0.53%, Nasdaq 0.48% July 11 (Reuters) - U.S. stock index futures fell on Friday as President Donald Trump launched fresh salvoes in his tariff offensive, rattling investors ahead of earnings season next week.Trump said on Thursday the U.S. would impose a 35% l...Reuters
Fri, Jul 11
Stocks
Norwegian Air beats expectations, to pay first dividend
By Vera Dvorakova and Agnieszka Olenska July 11 (Reuters) - Budget airline Norwegian Air NAS.OL reported second-quarter earnings above market expectations on Friday and said it would pay a dividend for the first time in its 23-year history, sending its shares up nearly 8%.Norwegian said that it h...Reuters
Fri, Jul 11
Other
European securities regulator warns about crypto firms misleading customers
By Elizabeth Howcroft PARIS, July 11 (Reuters) - Europe's securities regulator warned crypto companies on Friday not to mislead customers about the extent to which their products are regulated - the latest sign of European authorities trying to limit crypto-related risks.The European Union...Reuters
Fri, Jul 11
Other
REFILE-U.S. top diplomat Rubio says 'high probability' that Trump and Xi will meet
KUALA LUMPUR July 11 (Reuters) - U.S. Secretary of State Marco Rubio on Friday said there was "high probability" of a meeting between President Donald Trump and his Chinese counterpart Xi Jinping, but no date has been discussed. Rubio was speaking to reporters on the sidelines of a regional ...Reuters
Fri, Jul 11
Stocks
Should You Sell Plug Power Stock After the Recent Share Price Increase?
Plug Power (NASDAQ: PLUG) stock is soaring, and investors are considering selling shares in this money-losing company.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of ...The Motley Fool
Fri, Jul 11
Stocks
Up More Than 330% Since 2023, Is It Too Late to Buy Netflix Stock?
Key PointsNetflix has achieved significant growth in just the past few years as it has expanded into new opportunities.As a result, the stock has surged in value and now trades at more than 60 times Netflix's trailing earnings.10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) has contin...The Motley Fool
Fri, Jul 11
Other
Deals of the day-Mergers and acquisitions
July 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Australian building services provider Johns Lyng Group said it agreed to be bought by investment firm Pacific Equity Partners (PEP) for an equity value of A$1.1 bill...Reuters
Fri, Jul 11
Stocks
1 Magnificent S&P 500 Dividend Stock to Buy for a Lifetime of Passive Income
Key PointsWaste Management may be the epitome of a steady-Eddie business.It has a wide moat around its operations and has historically stomped the market.Waste Management raised its dividend payments by 10% this year, and there should be plenty more increases on the way.10 stocks we like better than...The Motley Fool
Fri, Jul 11
Other
Axis hands Jeske, Sales and Mandel leadership roles in cyber team restructure
By Isha MaratheJuly 10 - (The Insurer) - Axis Capital has appointed Matt Jeske to head large-account underwriters, Ashley Sales to lead middle-market underwriters and Brett Mandel to lead SME and digital underwriters in its North America global cyber and technology (GCT) team.The leadership shuffle...Reuters
Fri, Jul 11
Other
US top diplomat Rubio says meeting with China 'very constructive'
KUALA LUMPUR, July 11 (Reuters) - U.S. Secretary of State Marco Rubio on Friday said his meeting with Chinese counterpart Wang Yi was "very constructive", adding on the sidelines of a regional meeting in Malaysia that the two sides still had "issues" to resolve.Reuters
Fri, Jul 11
Stocks
LIVE MARKETS-"Disappointing" British GDP keeps August BoE rate cut alive
STOXX 600 down 0.8%EU set to receive Trump tariff letterTrump puts 35% tariff on CanadaUK economy shrinks in MayWall St 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&#...Reuters
Fri, Jul 11
Other
US singer Chris Brown pleads not guilty to lesser assault charge in UK court
LONDON, July 11 (Reuters) - U.S. singer Chris Brown on Friday pleaded not guilty to a charge of assault causing actual bodily harm by allegedly attacking a music producer with a bottle in a London nightclub two years ago.Brown last month denied a more serious charge of attempting to inflict grievous...Reuters
Fri, Jul 11
Economic Indicator
German upper house of parliament approves $54 billion corporate tax relief package
German upper house approves 46 billion euros tax relief packagePackage aims to boost economy, facing potential third year of contractionIncludes depreciation options, corporate tax cuts and incentives for electric carsBy Maria MartinezBERLIN, July 11 (Reuters) - The German upper house of parliament ...Reuters
Fri, Jul 11
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