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SelectQuote slides after lowering FY26 guidance
Shares of insurance comparison platform SelectQuote SLQT.N fall 23% to $1.1Co now expects FY26 revenue between $1.61 billion and $1.71 billion from a prior range of $1.65 billion to $1.75 billionCo says fiscal 2026 guidance impacted by a national carrier's decision to limit Medicare Advantage po...Reuters
Thu, Feb 5
Stocks
Can Nio Stock Beat the Market Over the Next Decade?
Key PointsNio has never reported a profitable quarter in its 11-year history and still has high net losses.Waning demand in the EV industry due to the rollback of subsidies and a highly competitive industry limit Nio's opportunity to expand margins.Tariffs remain a big risk, and if Mexico doesn't re...The Motley Fool
Thu, Feb 5
Stocks
US military shipbuilder Huntington Ingalls expects negative free cash flow in current quarter
By Anshuman Tripathy and Apratim Sarkar Feb 5 (Reuters) - U.S. military shipbuilder Huntington Ingalls HII.N said on Thursday that it had expected free cash flow for the current quarter to be negative, despite beating quarterly profit estimates, sending its shares down 11% at midday.CEO Chris K...Reuters
Thu, Feb 5
Other
Lesotho and its textile workers hope African duty-free deal extension heralds US trade revival
AGOA extension ends months of uncertainty for Lesotho garment industryLesotho's Trade Minister seeks long-term U.S. trade dealLesotho hit with 15% tariffs under TrumpBy Marafaele Mohloboli Feb 5 (Reuters) - Since she was laid off in October, after Lesotho lost tariff-free access to its vital ...Reuters
Thu, Feb 5
Forex
MXN: Cautious stance on rate cuts – Societe Generale
Societe Generale's report outlines the outlook for the Mexican Peso (MXN), indicating that Banxico is expected to maintain the policy rate at 7.00%. It highlights the central bank's cautious approach and the criticism it faces for lowering rates before achieving inflation convergence.
Fxstreet
Thu, Feb 5
Stocks
Disney's Stock Plunged After Beating Earnings-Here's Why
Despite reporting earnings that were stronger than expected, Disney (NYSE: DIS) stock was under pressure, dropping by about 7% the day after the results from its holiday quarter were revealed. In this video, Fool.com analysts and Disney passholders Rick Munarriz and Matt Frankel discuss the numbers ...The Motley Fool
Thu, Feb 5
Other
Pirelli board rejects Sinochem's spin-off plan to end dispute over governance
ROME, Feb 5 (Reuters) - The board of Italian tyremaker Pirelli PIRC.MI opposes any spin off of its cyber tyre activities, the company said on Thursday, reacting to a plan put forward by Chinese shareholder Sinochem 600500.SS to settle a governance dispute. Directors are against "any project or i...Reuters
Thu, Feb 5
Other
INSIGHT-Saudi Arabia deploys cash and clout in Yemen after ousting UAE
Riyadh budgets at least $3bln for Yemen as it picks up UAE tab, sources saySaudi hopes cash, political incentives will unify ranks against Houthis: sourcesAnalysts say war economy that pays fighters more than teachers will take years to unravelBy Timour Azhari MUKALLA, Yemen/RIYADH - After pushin...Reuters
Thu, Feb 5
Commodities
ConocoPhillips CEO says Venezuela focus remains on recovering money owed
Feb 5 (Reuters) - ConocoPhillips COP.N CEO Ryan Lance said on Thursday the company's priority in Venezuela remains recovering money owed under existing legal judgements, as it engages cautiously with the U.S. administration and tracks policy developments affecting the process.Reuters
Thu, Feb 5
Other
Verizon consumer division head departing as company mounts turnaround effort
By David ShepardsonWASHINGTON, Feb 5 (Reuters) - Verizon VZ.N on Thursday said its consumer division chief Sowmyanarayan Sampath is stepping down, as the U.S. wireless carrier mounts a turnaround effort under its new CEO Dan Schulman.Sampath had headed the consumer unit since March 2023 and will rem...Reuters
Thu, Feb 5
Other
Olympics-No credible threats to Milano Cortina Games, U.S. security official says
By Rory Carroll MILAN, Feb 5 (Reuters) - There are no credible security threats to the Milano Cortina Games, a top U.S. security official told Reuters in Milan on the eve of the opening ceremony for the Winter Olympics. "Right now we are not tracking any credible threats," Tim Ayers, dire...Reuters
Thu, Feb 5
Other
US House panel issue subpoena to Coupang as part of discrimination probe
Feb 5 (Reuters) - The House Judiciary Committee on Thursday issued a subpoena to Coupang CPNG.N as part of its ongoing probe into alleged discrimination against U.S. companies, seeking communications between the e-commerce firm and the South Korean government.The panel also called on the company to ...Reuters
Thu, Feb 5
Forex
BoE's Bailey welcomes Warsh as Trump's choice to lead U.S. Fed
LONDON, Feb 5 (Reuters) - Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May."I welcome the nomination of Kevin Wars...Reuters
Thu, Feb 5
Stocks
GLOBAL MARKETS-Equities sink with AI rout extended, bond yields dip, silver savaged further
Shares tumble with tech's AI angst deepeningShock Google spending plans feed AI jittersBoE sees tight 5-4 split on rates, ECB stays on holdSilver prices slump, Bitcoin hits lowest since November 2024By Sinéad Carew and Marc Jones NEW YORK/ LONDON, Feb 5 (Reuters) - MSCI's global equities ...Reuters
Thu, Feb 5
Stocks
The Nuclear Stock Everyone's Talking About -- But Almost No One Is Pricing in Its Income Potential
Key PointsCentrus streamlined its business over the past decade.It’s generating stable profits as the nuclear market warms up again.It could eventually pay dividends as its business expands.10 stocks we like better than Centrus Energy › Centrus Energy (NYSE: LEU) is one of the few U.S. companies lic...The Motley Fool
Thu, Feb 5
Stocks
Can Warren Buffett's Stock Keep Up Its Amazing Record of Past Performance?
Key PointsBerkshire Hathaway’s track record over more than a half century has been phenomenal.Berkshire’s history is full of examples of great investments.Buffett has been an architect of those deals, but that doesn’t mean Berkshire can’t succeed with Greg Abel at the helm.10 stocks we like better t...The Motley Fool
Thu, Feb 5
Commodities
Barrick to press ahead with IPO of North American gold assets, names Hill CEO
Barrick names Mark Hill as CEO and presidentIPO to conclude end of 2026Two deaths reported in Q4 at its Tanzania and DRC minesBy Tanay Dhumal and Divya Rajagopal Feb 5 (Reuters) - Barrick Mining ABX.TO said on Thursday it would move forward with preparations for an initial public offering of its ...Reuters
Thu, Feb 5
Other
Senators ask US to disclose if FAA administrator sold stake in airline
Senators question FAA head's compliance with ethics agreementBedford's Republic shares could yield millions post-merger, letter saysFAA to respond to senators; DOT silent on requestBy David Shepardson WASHINGTON, Feb 5 (Reuters) - Three Democratic U.S. senators on Thursday asked the Trans...Reuters
Thu, Feb 5
Other
BREAKINGVIEWS-US minerals push strains against anti-green pull
By Gabriel Rubin WASHINGTON, Feb 5 (Reuters Breakingviews) - The Trump administration’s plan to rival China in producing critical minerals started with a curious first step: destroy demand. Now, as it tries to encourage investments in home-spun metals and rocks, the White House is pushing a $12 b...Reuters
Thu, Feb 5
