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Trump's accusations against South Africa spark 'white privilege' self-mockery
Trump says 'certain classes' treated very badly in South AfricaTrump offers refugee resettlement to white AfrikanersAttacks draw ridicule from some white South AfricansAdds reporting credit at the endBy Nellie Peyton JOHANNESBURG, Feb 11 (Reuters) - U.S. President Donald Trump's attac...Reuters
Tue, Feb 11
Other
US House speaker met with Trump ally Musk on Monday, White House says
WASHINGTON, Feb 11 (Reuters) - U.S. House Speaker Mike Johnson met with billionaire Trump adviser Elon Musk on Monday, according to a White House official.The meeting comes as President Donald Trump's fellow Republicans, who control both chambers of Congress, prepare to enact the president's...Reuters
Tue, Feb 11
Other
Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports
Rewrites with context and details from reportFeb 11 (Reuters) - Apple AAPL.O is partnering with Alibaba 9988.HK to roll out artificial intelligence features for iPhone users in China, the Information reported on Tuesday, citing one person with direct knowledge of the decision.The development could c...Reuters
Tue, Feb 11
Stocks
3 Top AI Stocks That Could Crash in 2025
Generative artificial intelligence (AI) has taken Wall Street by storm since the launch of OpenAI's ChatGPT in 2022. However, more than two years on, this hype cycle is getting long in the tooth. Let's discuss why Nvidia (NASDAQ: NVDA), Tesla (NASDAQ: TSLA), and Palantir Technologies (NASDAQ: PLTR) ...The Motley Fool
Tue, Feb 11
Forex
FOREX-Dollar holds onto losses as Fed's Powell stays patient on rate cuts
Dollar holds onto mild losses on the dayFed's Powell in no rush to cut rates againTraders focused on tariffs, fear trade warUpdated in New York morning timeBy Karen Brettell Feb 11 (Reuters) - The U.S. dollar held onto earlier losses on Tuesday after Federal Reserve Chair Jerome Powell said t...Reuters
Tue, Feb 11
Stocks
BUZZ-Wesco International rises on quarterly revenue beat, dividend hike
** Shares of business-to-business distributor and logistics provider Wesco International WCC.N up 2.98% at $190.89** Company reports revenue of $5.50 billion for Q4, above analysts' estimates of $5.41 billion, according to data compiled by LSEG** WCC posts adj. EPS of $3.16, below analysts' ...Reuters
Tue, Feb 11
Stocks
BUZZ-US energy firms rise on supply worries after Trump's tariffs
** S&P 500 Energy index .SPNY rises 0.2% as oil prices extend gains O/R** Brent crude futures LCOc1 up 1.2% at $76.75/barrel and U.S. West Texas Intermediate crude futures CLc1 up 1.1% at $73.16/barrel** Both contracts registered gains of close to 2% in the previous session after three consecuti...Reuters
Tue, Feb 11
Other
Former Hannover Re exec Braun launches US reinsurance MGU You Re
By Chris MunroFeb 11 - (The Insurer) - Hannover Re’s long-serving Yury Braun has left the reinsurer and launched a new US-focused reinsurance MGU.You Re – named in reference to the founder’s first name – will write a portfolio of casualty, non-catastrophe property, professional liability and cyber b...Reuters
Tue, Feb 11
Stocks
BUZZ-Inspire Medical falls on slower-than-expected sleep apnea device launch
** Sleep apnea device maker Inspire Medical Systems' shares INSP.N fall 2.9% to $175.72 in morning trade** Co late on Monday reported Q4 adj EPS of $1.15, above Wall Street est of 73 cents - data compiled by LSEG ** INSP said they have "made steady progress" toward the full launch of sl...Reuters
Tue, Feb 11
Stocks
S&P Global Revenue Surges Past Estimates
S&P Global (NYSE:SPGI), the global provider of analytics, ratings, and insights, reported its earnings for the fourth quarter on Feb. 11, 2025. The company showcased a strong performance exceeding market forecasts, particularly driven by its Ratings division’s growth. S&P Global reported an adjusted...The Motley Fool
Tue, Feb 11
Stocks
Billionaire Bill Ackman Is Buying Uber Stock. Should You?
Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer stocks and making contrarian bets.For instance, he invested in Chipotle Mexican Grill in 2016, while the burrito chain was still reeling from its E. coli crisis. That investment ha...The Motley Fool
Tue, Feb 11
Cryptocurrencies
Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed
According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 t...NewsBTC
Tue, Feb 11
Other
ISS ends diversity considerations for US boardrooms, citing Trump orders
Feb 11 (Reuters) - Top proxy adviser Institutional Shareholder Services said on Tuesday it will no longer consider the gender, race or ethnic diversity of U.S. company boards in its voting recommendations.In a statement posted on its website ISS cited how in the U.S. "there recently has been inc...Reuters
Tue, Feb 11
Other
BRIEF-Morgan Stanley Co-President Andy Saperstein Says Confident In The Bank's Ability To Drive Organic Net New Assets Growth - Conference
Feb 11 (Reuters) - Morgan Stanley MS.N:MORGAN STANLEY CO-PRESIDENT ANDY SAPERSTEIN SAYS CONFIDENT IN THE BANK'S ABILITY TO DRIVE ORGANIC NET NEW ASSETS GROWTH - CONFERENCEFurther company coverage: MS.NReuters
Tue, Feb 11
Stocks
Wesco: Q4 Revenue Beats, EPS Misses
Electrical, communications, and utility distribution and supply chain services specialist Wesco International (NYSE:WCC) reported mixed fourth-quarter and full-year earnings results on Tuesday, Feb. 11. Net sales rose 0.5% year over year to $5.5 billion, surpassing analysts' consensus expectations. ...The Motley Fool
Tue, Feb 11
Stocks
BUZZ-Coca-Cola beats quarterly results estimates on strong demand
Updates** Shares of beverage maker Coca-Cola KO.N up as much as 5% at $67.64, their highest since October 25** If gains hold, stock on track for best day since November 2022** Co beats quarterly results estimates on resilient demand for its sodas and juices** Posts Q4 adj. revenue of $11.40 billion ...Reuters
Tue, Feb 11
Cryptocurrencies
Enterprise automation platform Tines valued at $1.13 bln in Goldman Sachs-led funding round
Adds details on funding market in paragraphs 2,3 and company background throughout Feb 11 (Reuters) - AI-focused startup Tines has raised $125 million in a funding round led by Goldman Sachs Alternatives and new investors such as SoftBank Vision Fund 2, valuing the company at $1.13 billion.Invest...Reuters
Tue, Feb 11
Stocks
Coca-Cola's demand recovery, higher prices drive surprise revenue jump
Volumes rise 2% in Q4 versus 1% fall in Q3Sparkling sodas such as Fanta and Sprite drive growthForecasts annual sales growth at upper end of long-term targetExecutives expect inflationary pricing to moderate in 2025Adds comments from post-earnings call throughout, adds analyst comment in paragraph 1...Reuters
Tue, Feb 11
Other
Trump asks US court to end 'judicial overreach' and allow funding freezes
By Nate Raymond BOSTON, Feb 11 (Reuters) - President Donald Trump's administration has asked an appeals court to put on hold a U.S. judge's decision forcing it to comply with his order barring it from freezing federal grants, loans and other financial assistance, saying the decision const...Reuters
Tue, Feb 11
