News
Important Only
Stocks
BUZZ-JP Morgan downgrades PPG Industries to 'neutral', lowers PT
** J.P. Morgan downgrades industrial coatings maker PPG Industries to "neutral" from "overweight", cuts price target to $115 from $145** PPG shares fall 1.2% to $113.60 in morning trade** Brokerage says the auto industry in 2025 is not growing, and PPG is giving up market share** Add...Reuters
Wed, Feb 12
Cryptocurrencies
Is Ethereum ‘Most Hated Rally’ About To Begin? Analyst Finds Bitcoin Cycle Similarities
After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.” Is It Finally Ethere...NewsBTC
Wed, Feb 12
Cryptocurrencies
SoftBank reports $2.4 billion loss as it prepares for major AI investments
SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to throw billions into AI. The company, led by Masayoshi Son, reported the loss on Wednesday, missing analyst forecasts of a $1.57 billion profit, according to LSEG data. It’s a huge downturn from the […]Cryptopolitan
Wed, Feb 12
Other
KBW's Satkauskas: European reinsurers well positioned to absorb US casualty deterioration
By George AbbottFeb 11 - (The Insurer) - Europe's reinsurers are well positioned to withstand any further deterioration in US casualty lines, according to KBW analyst Darius Satkauskas.In an interview with The Insurer TV, Satkauskas highlighted how prudent reserving practices provide a cushion f...Reuters
Wed, Feb 12
Stocks
NVIDIA stock falls on hot CPI, but news from this partner could bring cheer
NVIDIA Corporation (NASDAQ:NVDA) shares are trading 2% lower in pre-open trading Wednesday following the hot CPI report, but investors may want to pay attention to another piece of news.After the closInvesting.com
Wed, Feb 12
Stocks
American Express: Buy, Sell, or Hold?
American Express (NYSE: AXP) is a business icon known the world over. It is also performing well right now as a business. How you view the stock and, more broadly, investing will have a big impact on whether you want to buy, sell, or hold this huge payments processor.Let's look at these different pe...The Motley Fool
Wed, Feb 12
Commodities
Exxon to expand oil and gas output in Guyana, seeks permit for Longtail project
GEORGETOWN, Feb 12 (Reuters) - A consortium led by Exxon Mobil XOM.N is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U.S. oil majo...Reuters
Wed, Feb 12
Other
ADVISORY-Alerts wrongly tagged to India's Prima Plastics withdrawn
Alerts on privately held, U.S.-based wellness brand Prima being acquired by Sky Marketing Corporation were inadvertently tagged to India-based Prima Plastics Ltd PRIP.BO, an unrelated company, and have been withdrawn.There will be no substitute.STORY_NUMBER: nTUA2MSTNSSTORY_DATE: 12/02/2025STORY_TIM...Reuters
Wed, Feb 12
Forex
GBP/USD drops below 1.2400 after US CPI data
The Pound Sterling slipped during the North American session after the latest United States (US) inflation report showed that prices continued to rise, pushing back expectations of a Federal Reserve rate cut in the first half of 2025.
Fxstreet
Wed, Feb 12
Stocks
Biogen's 2025 forecasts hit by declining sales for MS drugs, strong dollar
Forecasts 2025 profit below expectationsSigns $250 million deal for lupus drug fundingShares drop more than 6% in early trading Adds CEO comment in paragraph 4, analyst comment in paragraph 6, updates share movement in paragraph 7By Manas MishraFeb 12 (Reuters) - Biogen BIIB.O on Wednesday forecast...Reuters
Wed, Feb 12
Stocks
Lyft shares slide as lower pricing trends persist amid competition with Uber
Updates shares in paragraph 1, Lyft market cap drop and Uber shares in paragraph 12 Feb 12 (Reuters) - Lyft LYFT.O shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year are expected to continue in 2025, as it tries to match prices...Reuters
Wed, Feb 12
Stocks
US STOCKS-Wall St falls as hot inflation data dents rate cut hopes
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.CVS Health rises after beating profit estimatesLyft falls as Q1 bookings forecast misses estimatesJanuary CPI at 3% YoY vs 2.9% estimate Indexes down: Dow 0.99%, S&P 500 0.92%, Nasdaq 0.89%...Reuters
Wed, Feb 12
Economic Indicator
Ukraine calls for help on gas imports after Russian missile strikes
Adds energy ministry comments in paragraphs 1-3, Bessent visit in paragraph 10-11By Pavel Polityuk KYIV, Feb 12 (Reuters) - Ukraine called on its allies on Wednesday to help it import more natural gas as it moved to increase gas imports by a third to 22.6 million cubic meters following a series o...Reuters
Wed, Feb 12
Commodities
First Quantum says it will not rush into sale of Zambian copper mines stake
JOHANNESBURG, Feb 12 (Reuters) - First Quantum Minerals FM.TO will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts on Wednesday after the miner's fourth-quarter results.The Canadian miner wants to secure a long-term partner at its Zamb...Reuters
Wed, Feb 12
Other
Auto tech giant CDK accuses rival Tekion of hacking 'campaign' in lawsuit
Updates Feb 11 story with comment from Tekion in paragraph 5By Mike Scarcella Feb 11 (Reuters) - Automotive retail software giant CDK Global has sued rival Tekion in U.S. court, accusing it of an illegal cyber hacking campaign to scrape confidential data from dealerships’ computer systems in a bi...Reuters
Wed, Feb 12
Stocks
BUZZ-FX options wrap - Ukraine hopes drive trade flow
Hopes of a ceasefire in Ukraine over coming weeks have been behind some of the main trade flow in the last 24 hours. No surprise to see EUR/CHF topside strike demand at the fore, as a firmer EUR and weaker CHF are the most likely outcomes from an easing of tensions in the 3-year old conflict. EUR/US...Reuters
Wed, Feb 12
Other
US actions have serious impact on global health, WHO chief says
Feb 12 (Reuters) - The United States' pause on foreign aid contributions has a serious impact on global health, WHO Director-General Tedros Adhanom Ghebreyesus said on a virtual press conference on Wednesday.Ghebreyesus urged the U.S. to consider resuming aid funding until solutions can be found...Reuters
Wed, Feb 12
Stocks
3 Evergreen Retail Stocks to Buy Like There's No Tomorrow
Most retailers aren't considered evergreen businesses because they're highly exposed to macro and competitive headwinds. They've also struggled to keep pace with major technological shifts in the e-commerce, mobile, and social media markets.Nevertheless, some resilient retailers have repeatedly roll...The Motley Fool
Wed, Feb 12
