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US car wash operator Spotless Brands explores sale, sources say
By Abigail Summerville NEW YORK, Jan 22 (Reuters) - The owners of Spotless Brands are exploring a sale that could value the U.S. car wash operator at nearly $3 billion including debt, according to four sources familiar with the matter. The company is working with investment bank William Blair on ...Reuters
Jan 22, 2025
Stocks
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history." What you know about the Stargate projectStarga...The Motley Fool
Jan 22, 2025
Commodities
GRAINS-Soy and corn pause after rally with Trump tariffs in focus
Updates at 1313 GMT, changes dateline PARIS/CANBERRA, Jan 22 (Reuters) - Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday as investors assessed U.S. President Donald Trump's early statements on tariffs after his inauguration on Monday.Grain markets...Reuters
Jan 22, 2025
Other
PRESS DIGEST-Canada - Jan 22
Jan 22 (Reuters) - The following are the top stories from Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Ontario Premier Doug Ford is considering calling a snap election as early as next week, citing the need fo...Reuters
Jan 22, 2025
Stocks
BUZZ-Street View: Charles Schwab's business strategies bearing fruit
** Brokerage firm Charles Schwab SCHW.N on Tuesday reported Q4 profit beat, helped by a jump in asset management fees** Median PT of 23 brokerages is $71 - LSEG dataBROKERAGES OPTIMISTIC AS NET NEW ASSETS GROW** TD Cowen ("hold," PT: $88) holds an optimistic view on SCHW's strategies to reduce high-...Reuters
Jan 22, 2025
Cryptocurrencies
Ethereum core developer departs, blames Ethereum Foundation leadership
On January 21, Ethereum core developer Eric Conner announced his departure from the community, citing his discontent with the Ethereum Foundation (EF) leadership decisions. The announcement came after co-founder Vitalik Buterin dismissed calls for a shakeup in the current leadership and claimed sole authority over the organization. Conner, who called the foundation a “leftist driven, […]Cryptopolitan
Jan 22, 2025
Cryptocurrencies
US Crypto Industry to Thrive Under New SEC Task Force – Hot Crypto to Buy Now
Donald Trump has boldly moved back into his role as the US President and is wasting no time boosting the US crypto industry to greater heights. Despite only returning to the White House yesterday, the Trump administration has already introduced a new task force to ease crypto regulations. It’s...Bitcoinist
Jan 22, 2025
Stocks
Abbott Laboratories falls on Q1 profit forecast below estimates
Shares of medical device maker Abbott Laboratories ABT.N fall 2.02% to $114.43 premarket.Co expects Q1 adj EPS of between $1.05 and $1.09, below estimates of $1.11 - data compiled by LSEG. Forecasts 2025 adj EPS of $5.05 to $5.25, with midpoint mostly in line with estimates of $5.16...
Reuters
Jan 22, 2025
Stocks
BUZZ-GE Vernova rises on higher sequential revenue, orders
Updates** Shares of utility firm GE Vernova GEV.N pare losses, now up ~1% at $420 premarket** Company reports higher sequential revenue of $10.56 bln, but misses analysts' est. of $10.79 bln - data compiled by LSEG** "4Q orders were strong, highlighted by higher-than-expected orders in electrificati...Reuters
Jan 22, 2025
Indices
US Dollar faces more selling pressure with no one safe from tariffs
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, stabilizes just below the 108.00 mark in the European trading session on Wednesday. However, selling pressure persists after US President Donald TrumpFxstreet
Jan 22, 2025
Stocks
Here Are the 6 Largest Stock Holdings in All of Cathie Wood's ETFs Right Now
Asset management company Ark Invest offers nine different investment funds, eight of which are available as exchange-traded funds, or ETFs. They all have a different tech-related focus, such as robotics, biotechnology, or general innovation.There are other ETFs with similar specialties. However, the...The Motley Fool
Jan 22, 2025
Commodities
Macron says Europe must protect sovereignty in face of Trump's return
PARIS, Jan 22 (Reuters) - More than ever, Europeans, including France and Germany, must protect their sovereignty in the face of the return of U.S. President Donald Trump, French President Emmanuel Macron said on Wednesday.He made the remarks at a joint news conference with German Chancellor Olaf Sc...Reuters
Jan 22, 2025
Commodities
UPDATE 1-Davos- Iran's Zarif says he hopes Trump will choose 'rationality'
Adds detail, backgroundDAVOS, Switzerland, Jan 22 (Reuters) - Iran hopes U.S. President Donald Trump will choose "rationality" in its dealing with the Islamic Republic, Iran's Vice-President for Strategic Affairs Mohammad Javad Zarif said on Wednesday, adding Tehran had never sought nuclear weapons....Reuters
Jan 22, 2025
Commodities
EXCLUSIVE-China halts Brazilian soy shipments from five firms, sources say
China halts Brazilian soy imports over phytosanitary issuesSuspension affects Terra Roxa, Olam, C.Vale, Cargill, ADMResolution depends on Brazilian firms' corrective actionsAdds quote, details and backgroundBy Laurie Chen, Mei Mei Chu, Ella Cao and Naveen Thukral BEIJING, Jan 22 (Reuters) - China...Reuters
Jan 22, 2025
Stocks
BUZZ-Textron down after missing 2025 profit estimates
** Shares of the Cessna business jet maker Textron TXT.N down ~1.5% at $80.01 in premarket trade** TXT's 2025 profit forecast falls short of analyst expectations as it reels from labour action in its aviation segment and demand softness in the industrial segment** Co expects 2025 adj EPS between $6....Reuters
Jan 22, 2025
Stocks
Netflix Just Announced Another Price Increase: What You Should Know
Netflix's (NASDAQ: NFLX) fourth-quarter earnings release on Tuesday afternoon included several major surprises for investors. Revenue, earnings, and membership count, for instance, all came in ahead of expectations for the quarter.The Motley Fool
Jan 22, 2025
Stocks
Should You Buy Archer Aviation While It's Below $10?
Investing in early-stage companies can be risky, especially when they don't even generate revenue. But sometimes, a high-risk stock can reward investors who time things right. Archer Aviation (NYSE: ACHR) has progressed in developing eVTOLs, electric vertical take-off and landing aircraft designed t...The Motley Fool
Jan 22, 2025
Other
Teledyne's fourth-quarter profit beats on robust defense demand
Jan 22 (Reuters) - U.S. defense firm Teledyne TDY.N reported a fourth-quarter profit on Wednesday that beat analysts' estimates on the back of robust demand for its target detection sensors and marine equipment.On an adjusted basis, the company earned $5.52 per share in the quarter, compared with th...Reuters
Jan 22, 2025
Forex
Dollar hits 2-week low as traders ponder Trump tariff plans
TOKYO/GDANSK, Jan 22 (Reuters) - The dollar touched a fresh two-week low on Wednesday, as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing and left the greenback struggling to regain ground against major currencies.
Commodities
BRIEF-Freeport LNG's Texas Production Operations Offline Until Power Conditions Stabilize
Jan 22 (Reuters) - FREEPORT LNG: SAYS TEXAS PLANT OPERATIONS TAKEN OFFLINE DUE TO INTERMITTENT CENTERPOINT ENERGY POWER INTERRUPTIONS BEGINNING EARLY TUESDAYSAYS LIQUEFACTION PRODUCTION OPERATIONS WILL REMAIN OFFLINE UNTIL POWER TRANSMISSION CONDITIONS STABILIZE ((Reuters.Briefs@thomsonreuters.com))Reuters
Jan 22, 2025
