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Stocks
BUZZ-AMD shares hit 15-month low after AI chip revenue disappoints
** Shares of AMD AMD.O down 10.4% at $107.07, steepest decliner on the Nasdaq 100 index .NDX ** Stock hits lowest since Nov. 2023 as its Q4 data center revenue, a proxy for its AI revenue, misses analyst estimates** Co declines to give a forecast for its AI chips** Overall, the share gains in the co...
Reuters
Feb 5, 2025
Other
Human Rights Watch: displacing Palestinians would be moral abomination
GENEVA, Feb 5 (Reuters) - Displacing Palestinians would be a moral abomination, Human Rights Watch Israel and Palestine director said on Wednesday in response to a proposal from President Donald Trump for the United States to take over Gaza."It would be a moral abomination," Omar Shakir, fro...
Reuters
Feb 5, 2025
Other
Markel Canada promotes Laidlaw to SVP of underwriting
By Isha MaratheFeb 5 - (The Insurer) - Markel Canada has appointed Cliff Laidlaw, currently vice president and product line leader in its P&C market, as senior vice president of underwriting. Laidlaw, who joined Markel Canada in 2019, has over 15 years of experience in the industry. He held sev...
Reuters
Feb 5, 2025
Stocks
BUZZ-UnitedHealth dips after Bill Ackman says he would short in now-deleted post on X
Updates** Shares of healthcare conglomerate UnitedHealth UNH.N fall 2.65% to $530.97** Billionaire investor Bill Ackman, in a now-deleted post on social media platform X, said he would take a short position if he "still shorted stocks", referring to UNH's health insurance unit, UnitedHea...
Reuters
Feb 5, 2025
Stocks
What Drives Billionaire Masayoshi Son?
Billionaire Masayoshi Son has a vision for the future of the world. But what does that vision look like? Lionel Barber is the former editor-in-chief of The Financial Times and author of the book Gambling Man: The Secret Story of the World's Greatest Disruptor, Masayoshi Son.In this podcast, Motley F...
The Motley Fool
Feb 5, 2025
Other
AFG Q4 specialty P&C CR deteriorates 130bps to 89% on specialty casualty adverse PYD
By Chris MunroFeb 4 - (The Insurer) - American Financial Group (AFG)’s Q4 2024 specialty P&C combined ratio deteriorated by 1.3 percentage points to 89.0 percent as adverse reserve development in specialty casualty offset improved underwriting results in its property and transportation (P&T)...
Reuters
Feb 5, 2025
Stocks
CANADA STOCKS-TSX gains as mining shares advance on bullion strength
Updates with market opening pricesBy Ragini Mathur Feb 5 (Reuters) - Canada's main stock index extended its gains on Wednesday, led by mining shares, as gold prices rose due to safe-haven demand in light of the escalating U.S.-China trade war.The S&P/TSX composite index .GSPTSE was up 0.4...
Reuters
Feb 5, 2025
Other
USAA projects $1.8bn in California wildfire losses
By Isha MaratheFeb 5 - (The Insurer) - USAA has already made $1bn in payments to its members from January's Los Angeles wildfires, with the military community insurer projecting it will pay out a total of $1.8bn.USAA said that 86 percent of its wildfire claims have received initial payments, ...
Reuters
Feb 5, 2025
Stocks
US STOCKS-Wall St slips as Alphabet, AMD forecasts fan AI payoff concerns
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.FMC plunges on lower quarterly revenue forecastUber declines after guiding Q1 bookings below estimatesIndexes down: Dow 0.29%, S&P 500 0.42%, Nasdaq 0.71%Updates after markets openBy Shashw...
Reuters
Feb 5, 2025
Stocks
BUZZ-Pot firm Aurora Cannabis jumps after it returns to profit in Q3
** Shares of pot firm Aurora Cannabis ACB.TO soar 41% to C$7.45** Co posts Q3 profit compared to a year-ago-loss, helped by strong performance at its global medical cannabis business** Posts Q3 net income from continuing operations of $31.2 mln compared to a year-ago loss of $17.1 mln** ACB's Q3...
Reuters
Feb 5, 2025
Other
Rebels in Congo capture town despite ceasefire, sources say
Rebels said to have captured eastern townGovernment says its forces resist advanceMineral resources at stakeRed Cross says warehouse looted GOMA, Democratic Republic of Congo, Feb 5 (Reuters) - Rwandan-backed M23 rebels have seized control of the town of Nyabibwe in eastern Democratic Republic o...
Reuters
Feb 5, 2025
Stocks
H&R Block Revenue Flat, Costs Up
H&R Block (NYSE:HRB), a leading tax preparation company, released its earnings for the second quarter of fiscal 2025 on Feb. 4, 2025. The company's key announcement was its flat revenue at $179.1 million, which fell short of the $182 million expectation. Analysts were also disappointed by the adjust...
The Motley Fool
Feb 5, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Fiserv, Old Dominion
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were set for a lower open on Wednesday, with the tech-heavy Nasdaq on track to lead losses following disappoint...
Reuters
Feb 5, 2025
Other
Poland says it will appeal after EU court dismisses complaints over fines
Add Poland's decision to appeal to the EJC in paragraphs 1-2Feb 5 (Reuters) - Poland will appeal to the EU Court of Justice over European Union fines related to judicial reforms introduced by the previously ruling Law and Justice government, Poland's minister of EU affairs Adam Szlapka said ...
Reuters
Feb 5, 2025
Stocks
BUZZ-Gold miners up as bullion prices edge higher
Updates** Shares of gold miners up as bullion prices continue their record run GOL/** Spot gold XAU= up 1.9% at $2,875.49/ounce, after hitting a record high of $2,877/ounce earlier in the session** Gold prices rose as investors sought the safe-haven asset amid escalating concerns about the U.S.-Chin...
Reuters
Feb 5, 2025
Other
Willis adds Aon’s Kyriacou as head of litigation and contingent risk solutions in North America
By Mia MacGregorFeb 5 - (The Insurer) - WTW business Willis has appointed former Aon executive Stephen Kyriacou as head of litigation and contingent risk solutions and senior director of transactional solutions for North America.Kyriacou joins WTW after five years at Aon, where he most recently serv...
Reuters
Feb 5, 2025
Cryptocurrencies
Holding the Wrong AI Crypto Could End in Disaster. Can Mind of Pepe Become a Winner in 2025?
Marc Chaikin is a legendary figure on Wall Street, renowned for spotting market trends before they unfold. His insights have accurately predicted major downturns, including the 2012 Priceline collapse, the COVID-19 market crash, and the recent banking crisis. When it comes to Chaikin’s trades, no on...
NewsBTC
Feb 5, 2025
Other
Further cyber rate decreases anticipated in 2025 after reductions in H2 2024: Woodruff
By Michael LoneyFeb 5 - In a new report entitled 'Cyber Insurance in 2025: What to Expect', Woodruff Sawyer said: “We expect rate decreases to continue as we move into 2025, barring any widespread cyberattacks that result in a greater financial impact than any event we’ve seen.”The retail br...
Reuters
Feb 5, 2025
Cryptocurrencies
Ex-ConsenSys exec starts fund for entertainers to grow crypto wealth
Investing.com -- A new venture spearheaded by Robby Greenfield, the former Head of Impact at ConsenSys, aims to transform entertainers into savvy digital asset investors.The Digital Asset Opportunit
Investing.com
Feb 5, 2025
Other
PREVIEW-Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
By Deborah Mary Sophia Feb 5 (Reuters) - The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, after Microsoft and Google's lackluster reports jolted investor faith in Big Tech's billion-dollar investments in AI.Share...
Reuters
Feb 5, 2025
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