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Turn/River Capital to take SolarWinds private in $4.4 billion deal
Adds analyst comment in penultimate paragraph; updates share movementFeb 7 (Reuters) - SolarWinds SWI.N said on Friday it would go private in a $4.4 billion deal with buyout firm Turn/River Capital, the latest sign debt-funded deals were set to rebound this year as borrowing costs decline.Shares of ...Reuters
Feb 7, 2025
Economic Indicator
Euro area yields head for second straight weekly fall on tariff concerns
German yields drop on tariff worriesECB could lower rates to boost growthSome analysts expect Fed will not ease policy this yearRecasts after Reuters report on U.S. tariffsBy Stefano Rebaudo Feb 7 (Reuters) - Euro zone government bond yields recorded their second straight weekly fall over concern...Reuters
Feb 7, 2025
Other
Trump signs order delaying tariffs on de minimis imports from China
Feb 7 (Reuters) - U.S. President Donald Trump on Friday signed an executive order delaying tariffs on de minimis, or low-cost, packages from China until the Commerce Department can confirm that procedures and systems are in place to process packages and collect tariff revenue.Reuters
Feb 7, 2025
Economic Indicator
Trump says he wants to reduce trade deficit with Japan
WASHINGTON, Feb 7 (Reuters) - U.S. President Donald Trump said on Friday that he wants to work on reducing the trade deficit with Japan, as he met with Japanese Prime Minister Shigeru Ishiba at the White House.Ishiba said during the meeting that Toyota 7203.T and Isuzu 7202.T were planning additiona...Reuters
Feb 7, 2025
Stocks
BUZZ-Canopy Growth falls after Q3 results
** Shares of pot producer Canopy Growth WEED.TO fall 24.3% to C$3.02** Company reports Q3 loss of C$1.11 per share vs est loss of 54 Canadian cents per share — data compiled by LSEG** WEED's Q3 net revenue fell 5% to C$74.76 million ($52.23 million) compared to a year earlier, due to lower sales...Reuters
Feb 7, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Byrna Technologies, Xcel Energy
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Feb 7 - Wall Street's main indexes fell on Friday after the latest jobs data raised the prospects of a more cautious Federal Reserve, whil...Reuters
Feb 7, 2025
Other
Italian government under pressure in Paragon spyware row
ROME, Feb 7 (Reuters) - Italy faced pressure on Friday to explain its relationship with Israeli spyware maker Paragon following reports that the company had cut ties with Rome over allegations that the government had used its technology to hack the phones of critics instead of criminals."The Par...Reuters
Feb 7, 2025
Stocks
Why Alibaba Stock Spiked on Friday
Alibaba (NYSE: BABA) stock jumped more than 7% in early trading on the NYSE Friday, before turning tail and giving back nearly half its gains. As of 11:05 a.m. ET, shares of the Chinese e-commerce and technology giant are still up 4.1%. The question now is:Does Alibaba stock deserve to stay up even ...The Motley Fool
Feb 7, 2025
Stocks
ADVISORY-Compilation of alerts on Harvest Alaska to redevelop LNG terminal wrongly coded to daily cotton report withdrawn
Feb 7 (Reuters) - A compilation of alerts on Harvest Alaska redeveloping Kenai Peninsula LNG terminal was inadvertently coded to the daily cotton report and wrongly tagged to cotton quota alerts from November 2024, and has been withdrawn.For the correct set of alerts on Harvest Alaska, click nL4N3OY...Reuters
Feb 7, 2025
Other
EXCLUSIVE-Trump to announce reciprocal tariffs as early as Friday, sources say
adds background, paragraphs 8-12By Jarrett Renshaw and David Morgan WASHINGTON, Feb 7 (Reuters) - President Donald Trump told Republican lawmakers that he plans to announce reciprocal tariffs as early as Friday, three sources familiar with the plans told Reuters. The move would fulfill a T...Reuters
Feb 7, 2025
Other
ACLU leads push for access to migrant detainees shuttled to Guantanamo
By Ted Hesson WASHINGTON, Feb 7 (Reuters) - The American Civil Liberties Union on Friday demanded access to migrants flown by the U.S. military to Guantanamo Bay, Cuba, saying the Trump administration has provided virtually no information about the migrants and that the detentions raise questions...Reuters
Feb 7, 2025
Stocks
BUZZ-Uber at three-month highs after Bill Ackman builds stake in company
** Shares of ride-hailing platform Uber Technologies UBER.N rise 7.8% to $75.3, hitting their highest in three months ** Billionaire investor Bill Ackman says in a post on social media platform X that beginning early January he began acquiring a stake in UBER and currently owns 30.3 million shares**...Reuters
Feb 7, 2025
Other
U.S. RESEARCH ROUNDUP-Altus Power, Amazon, Nevro
Feb 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Altus Power Inc, Amazon and Nevro Corp on Friday.HIGHLIGHTS* Air Products APD.N: JP Morgan cuts to neutral from overweight * Altus Power Inc AMPS.N: Seaport Research ...Reuters
Feb 7, 2025
Stocks
BUZZ-Magnite rises on report of signing partnership with Musk's X
** Online advertising company Magnite's MGNI.O shares rise 10% to $21.08** Elon Musk's X has signed a partnership with Magnite, Business Insider reported on Friday** Magnite and X did not immediately respond to Reuters request for comment ** X is working with Magnite to boost programmatic ad...Reuters
Feb 7, 2025
Stocks
LIVE MARKETS-Individual investors most pessimistic since early-November 2023 - AAII
Main US indexes red; Nasdaq off most, down ~1.3%Cons Disc weakest S&P sector; Energy sole gainerEuro STOXX 600 index off ~0.4%Dollar rallies; bitcoin up >1%; gold, crude ~flatU.S. 10-Year Treasury yield rises to ~4.49%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Feb 7, 2025
Stocks
Why Doximity Stock Skyrocketed Higher Today
According to data provided by S&P Global Market Intelligence, the "Bloomberg platform for medical professionals," Doximity (NYSE: DOCS), saw its shares spike 34% as of 11:20 a.m. ET Friday.The healthcare upstart rocketed past analysts' expectations on both the top and bottom lines and guided for a r...The Motley Fool
Feb 7, 2025
Cryptocurrencies
Utah Leads: Bitcoin Reserve Bill Passes House, Heads To Senate
Utah’s House of Representatives on February 6 passed House Bill 230 (HB 230), informally referred to as the “Strategic Bitcoin Reserve” bill, by a narrow margin of 38 votes in favor, 34 against, and 3 not voting. HB 230 will now advance to the Senate, where its fate hinges on another vote before ult...Bitcoinist
Feb 7, 2025
Cryptocurrencies
Ethereum Price Could Be Primed For Another 100% Move After Printing Capitulation Candle
Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulatio...NewsBTC
Feb 7, 2025
Other
DIARY-Canada corporate earnings week ahead
Feb 7 (Reuters) - Diary of Canada (.GSPTSE) corporate earnings for the week ahead CANADA EARNINGS Start DateStart Time(GMT)RICCompany NameEvent Name10-Feb-2025AMCPSK.TOPrairiesky Royalty LtdQ4 2024 Prairiesky Royalty Ltd Earnings Release10-Feb-2025AMCCRT_u.TOCT Real Estate Investment TrustQ4 2...Reuters
Feb 7, 2025
